对ETF在中国发展地研究与探讨.pdf

Q22Q2§!!Q塑蛙 盟E!E垄圭旦筮羼曲拯}立点盟塞 Abstract that likestockson indexfundstrade Funds,orETFs,are just major Exchange—Traded stock theinvestorfocusonwhatismost ofasset help important,choice exchanges.They couldbe tradedand theinvestortoachieveinvestmentoravoid classes.Theyeasily help in risk,ETFshavebeen Americaandother countriesand extremelysuccessfully developed areassincetheirintroductionSPDRofAmericain1993. with andsoundeconomicin stock China,Chinese Alongsustained,rapid growth markethasbeenachievementrecent new andderivative years.The greatly products securities in firstETF of stock emerge 50ETF, endlessly.TheproductChina,Shanghai tradedon stock from is the Feb.23,2005.Sheneither Shanghaiexchange simple “amendment”onourcurrentsecurities.nor theoverseassecurities.Sheisthe the‘‘copy”on innovationandher willinfluence significant and ourstockmarket issuing improve greatly. ToChinesesecurities fundsarestillnew and is market,index there and

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