人民币升值对我国股票市场的影响.docVIP

广东技术师范学院天河学院 毕 业 论 文（设 计） 题目： 人民币升值对我国股票市场的影响 （英文）： The impact of RMB appreciation on Chinas stock market 系 别： 财经系 专 业： 经济学 姓 名： 学 号： 人民币升值对我国股票市场的影响 摘要 外汇市场波动问题历来是国际金融研究中的核心课题，而股票市场是反映实体经济的主要窗口，二者的走势在一定程度上影响着国民经济的发展。我国目前经济稳中求劲，国际收支持续双顺差，外汇储备稳步增加，种种迹象都表明人民币仍然可能保持升值。外汇市场和股票市场作为金融市场中两个重要组成部分，他们之间的关系一直以来都引起人们的思考。随着股权分置改革的基本完成以及汇率改革的进行，两个市场之间的相关关系逐渐显现出来。本文对于汇率改革前后对股票市场上不同行业的影响进行分析，并总结了汇率改革对股市的主要途径和因素。 关键词： 汇率改革；股市影响；行业 The impact of RMB appreciation on Chinas stock market Abstract The problem of foreign exchange market volatility has always been a key research topic in international finance, and the stock market is the main window to reflect the real economy, the two effects of the trend with the development of the national economy to a certain extent. Chinas economic is stability and strength currently, double surplus of international payment balance, foreign exchange reserves increased steadily, all indications are that the RMB appreciation may still remain. The foreign exchange market and the stock market as the two important parts of financial market, the relationship between them has been considered by the people. With the basic completion of share-split reform and the reform of the exchange rate, the relationship between the two markets have gradually appeared. In this article, for after the exchange rate reform on the stock market to analyze the impact of different industry, and summarizes the reform of the exchange rate on the stock market the main ways and factors. Key words: The reform of the exchange rate; The influence of the stock market;Industry 目录 1、绪论 1 1.1研究背景 1 1.2研究的目的和意义 2 1.2.1研究的目的 2 1.2.2研究的意义 2 1.3研究的范围 3 1.4研究的基本框架 3 2、相关理论与文献综述 4 2.1相关概念及理论回顾 4 2.1.1汇率概念 4 2.1.2我国汇率改革的历史 4 2.1.3利率平价理论 4 2.2文献综述 5 3、人民币升值对股市的影响 8 3.1汇率改革前后股市的表现 8 3.2汇率改革后对股市中部分行业的影响 9 3.2.1外汇负债类行业将明显受益 9 3.2.2传统的出口优势型行业受到直接冲击 9 3.2.3商业股受益有限 10 3.2.4投资品行业备受关注 10 3.2.5原材料或部件进口型行业会有所受益 10