中国的上市公司投资价值应用研究.docVIP

中国上市公司投资价值研究 中 文 摘 要 众所周知，任何一个国家的经济增长过程均伴随着金融的发展过程，金融发展的重要内容之一，是资本市场首先是股票市场的发展。1990、1991年上交所和深交所成立，标志着中国股票市场的建立。作为自主经营、自负盈亏的商品生产者和经营者——上市公司，是我国经济运行中最具发展优势的群体，是资本市场尤其是股票市场投资价值的源泉。中国股票市场发展十几年的经验提醒广大投资者，并非每家上市公司的股票都具投资价值，对于中国的广大投资者来说，在股市十几年的搏击之后，通常亏多赚少，沪深两市的发展牵动着千千万万投资者的心。 在中国股票市场逐步摆脱盲目投机现象，走向成熟和理性的形势下，价值投资理念成为引导中国的主流。conomic in any country is always accompany with the development of the financial, and an important part of the development of the financial is the capital market first of which is the development of the stock market. The establishment of the shanghai stock exchange in 1991 and Shenzhen stock exchange in 1990 marked the establishment of China’s stock market. The listed company, as the commodity producers and operators that self-financing and make decisions by their self, is the most advantage population in the development of China’s economic, and also is the source of investment value in capital market. More the 10 years of development experience in China’s stock market remind investors that not every listed company’s stock has a value of investment. Vast numbers of investors usually earn less money after more than 10 years in China’s stock market. The development of China’s stock market affects tens of thousands of investors. As China’s stock market has gradually shaken off speculation in blindly and has become more mature and rational, the value investment philosophy becomes the mainstream that guided China’s stock market. As a representative of the value investment philosophy, Buffett was named “evergreen” in Europe and United States stock market. He started from scratch to fugediguo in securities field. Whether the market was strength or weakness, Buffett’s performance is very good on the whole. He started from the companies themselves and linked the stock value to the company’s value, and accessed to the lucrative returns. Buffett’s investment is agreed that it was successful; his successful investment experience is worth our reference and researc