Stock Management
In China, the stock exchange management by the seat of city government, the China Securities Regulatory Commission oversight. Stock management includes the following:
1. Stock Exchange set up and dissolution:
The establishment of Stock Exchange, Securities and Exchange Commission audit by the State Council, State Council for approval. In practice, the application for the establishment of Stock Exchange Securities and Exchange Commission to the State Council shall submit the following documents: application form; constitution and the main business of the draft rules; to add a list of the Committee; the Council a list of candidates and their resumes; space, equipment and funds statement; Aspiring note with management staff; and so on. Among them, the Stock Exchange constitution matters are: the establishment of objectives; name; the main office and trading premises and facilities, location, functional area; membership and join and leave procedures; the powers and duties of members; on the members of the disciplinary action; Organization Its terms of reference; senior management generation, appointment and removal of their duties; capital and financial matters; dissolution of the conditions and procedures; and so on. (more…)
Post Footer automatically generated by Add Post Footer Plugin for wordpress.
Stock Characteristics
Typically, organizations have the following stock characteristics :
1. Stock Exchange was formed by several members of a non-profit corporation. Members constitute the stock are securities companies , including full members, but also an associate member.
2. Stock Exchange set up subject to the approval of the State.
3. Stock Exchange’s decision-making body is the General Meeting (AGM) and Board (the Board). Among them, the members of the General Assembly is the supreme authority to decide the basic principle of exchange; Council is composed of chairman and a number of agreements governing body for the executive member of the General Assembly decided to formulate the basic principle of the specific methods necessary to develop a variety of regulations system. (more…)
Post Footer automatically generated by Add Post Footer Plugin for wordpress.
Stock Features
From the stock exchange practice can be seen from the Stock Exchange will help ensure that the stock market for continuity of operations, to achieve effective allocation of funds to form a reasonable price, to reduce the risk of securities investment, linking long-term and short-term market interest rates. However, the stock exchange may also have the following negative effects:
1. Disrupt the financial price. Because a large part of stock exchange trading is only sold and bought back, so in the stock exchange, securities trading turnover are great, but the actual delivery is not significant. Er Ju, as such transactions are not in fact represent real trading of financial assets, its supply and demand form part has not reflect the actual conditions of their Keneng disruption in the financial Jiage Yidingchengduo Shang. (more…)
Post Footer automatically generated by Add Post Footer Plugin for wordpress.