Capital Markets

Chinese Capital Markets Research, Spring 2011

The quarterly Chinese Capital Markets Research is currently published in Japanese only. An English translation of the Table of Contents is provided here and links are shown when related articles in English are available from Nomura Institute of Capital Markets Research or elsewhere. For other materials in English, please contact the author(s) or NICMR directly.

Contents

Financial and Capital Market Reform

Development of China’s Stock Exchanges—A Study Based on Competitiveness
LI Yongsen, Finance and Securities Institute, Renmin University of China
China’s ChiNext Stock Market: Present and Future
WU Xiaoqiu, Finance and Securities Institute, Renmin University of China

Macro Finance

The Impact of QE2 and the Policy Responses China Can Take
ZHANG Liqing, Central University of Finance and Economics, School of Finance
Share Price Cycle in China Linked to Business Cycle
Chihung KWAN, Nomura Institute of Capital Markets Research, Ltd.

International Finance

The Hong Kong Offshore Yuan Market Activated by Renminbi Trade Settlement

Eiichi SEKINE, Nomura Institute of Capital Markets Research, Ltd.

Securities Market

A-Shares Cheaper than H-Shares in a Bear Market: The Next Bull Market may be Driven by A-Shares
Chihung KWAN, Nomura Institute of Capital Markets Research, Ltd.

Enterprise Finance

The Development and Competitiveness of China’s Priority Industries
WEI Jigang, Industrial Economics Research Department, Development Research Center of the State Council
Establishment of an Industrial Version of CIC in China
Eiichi SEKINE, Nomura Institute of Capital Markets Research, Ltd.

HOT TOPIC

Shanghai Exchange’s Strategic Plan up to 2020 Announced

Eiichi SEKINE, Nomura Institute of Capital Markets Research, Ltd.