From village collectives in Southern China in the early 80s to the summer 1999 share rally, To Get Rich is Glorious provides a guide to twenty years of China's stock markets. The book analyses the changes that have occurred in all areas of China's securities business including legal, regulatory, share structure, issuers, investor base and market performance. Topics are placed in the context of the industry's overall development to highlight the market's current situation as China enters the new century.

Autorentext

CARL E. WALTER is Managing Director of China International Capital Corporation (CICC), the first joint venture investment bank in China. He was Chief Representative in Beijing for Credit Suisse First Boston from 1993-1998, during which time he participated in a number of international share listings and debt issues for Chinese companies, banks and the Ministry of Finance.

FRASER J.T. HOWIE is a member of the Sales and Trading Department of China International Capital Corporation.

Inhalt

Preface Foreword List of Abbreviations List of Figures, Charts and Tables To Get Rich is Glorious! Chinese Equity Shares The Impact of Share and Ownership Structure China's Stock Exchanges Market Regulatory Structure The Issuers and the Listing Process Investors and Other Market Participants Market Trends and Performance Summing Up and Looking Ahead Notes Appendices Bibliography Index