| A Proposal for Progressively Integrating Illiquid Shares and Liquid Shares in Chinese Stock Markets |
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| 引用本文： | Xuan Chen. A Proposal for Progressively Integrating Illiquid Shares and Liquid Shares in Chinese Stock Markets[J]. 美中经济评论(英文版), 2005, 4(4): 22-28 |
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| 作者姓名： | Xuan Chen |
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| 摘 要： | This paper classifies the market barriers which cause the division of the Chinese stock markets into two categories： the barriers for trading across markets and the barriers for capital transference across markets. It critically reviews various plans and Chinese historical practices which aimed to remove the barriers, and brings forward a proposal for progressively integrating illiquid shares and liquid shares in Chinese stock markets.
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A Proposal for Progressively Integrating Illiquid Shares and Liquid Shares in Chinese Stock Markets |
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| Abstract: | |
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| Keywords: | market division market barrier arbitrage progressive proposal |
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