The Chinese Stock Market Volume II Evaluation and Prospects

China's stock market has undergone rapid development in recent years. As a result there is a real need for a comprehensive understanding of the Chinese stock market, not only from a scholarship point of view but also for policy makers and investment specialists. Based on academic findings and practitioner observations, this book contains the latest research on China's IPO market, the 2006–2007 market bubble, the development of institutional investors, the stock index futures market, stock sector performance, corporate governance of listed firms, and China's growth enterprise market. Written by a team of experts, the contributors use both quantitative and qualitative analysis and employ statistical methods, ARCH models, fictitious economy theory, and information diffusion theory to review recent achievements, highlight current problems, provide policy suggestions and describe the future prospects for China's stock market. Furthermore, the chief editor of the book, Siwei Cheng, a Chinese statesman and economist, shares his own experience of policy making and regulation inspections in developing China's stock market, and expresses his own viewpoint towards its future development. The book will prove a useful reference piece for future research and is an ideal resource for international investors, researchers, postgraduate students, practitioners and regulators interested in the Chinese stock market.

Siwei Cheng is a Chinese statesman and economist. He was the Vice-Chairman of the Standing Committee of the 9th and 10th National People's Congress of P. R. China. Currently, he is Director of the Research Centre on Fictitious Economy and Data Science, Chinese Academy of Sciences, and he has made an enormous contribution towards the development of the theory of fictitious economy.

Ziran Li is Director of the Policy and Regulation Research Division of CFFEX (China Financial Futures Exchange), Institute for Financial Derivatives. He is also an associate professor at the Centre for Forecasting Science, Chinese Academy of Science.

1. Analysis, Evaluation, and Prediction of China's Stock Market; Siwei Cheng
2. Emergence of China's 2006-2007 Stock Market Bubble and its Burst; Ziran Li
3. Mechanisms and Performance of Chinese Bear Markets and Policy Suggestions; Ziran Li, Jiajing Sun and Michael Cole
4. Corporate Governance Evaluation Research of China's Listed Companies; Li Weian and Hao Chen
5. Study on the Comprehensive Stock Market Quality Evaluation System; Guo Kun