Cover -- China's Capital Markets -- Copyright -- Contents -- List of figures and tables -- List of abbreviations -- Acknowledgements -- About the author -- Introduction -- 1 China's stock market -- Introduction -- China's A-share market -- China's B-share market -- Small and Mediumsized Enterprise Board Market -- The Growth Enterprise Market -- The Third Board Markets -- China's International Board -- Discussing the problems that China's stock market is facing -- Summary -- 2 China's bond market -- Introduction -- Major types of bonds in China's bond market -- Bond trading -- Bond issuance and supervision -- A problem in China's interbank bond trading: "Class C" account and "Substitute holding" -- Opening up of China's bond markets -- Problems and challenges of China's bond markets -- Summary -- 3 China's derivatives markets -- Introduction -- China's futures market -- T-bond derivatives market -- China's warrant market -- Interest rate (IR) derivatives market -- Foreign exchange derivatives market -- Credit Default Swap (CDS) market -- Local derivatives markets -- China's supervision of financial derivatives markets -- The problems of developing China's derivatives markets -- Summary -- 4 China's private equity market -- Recent development of China's PE market -- Main players in China's PE industry -- PE management -- PE performance -- RMB-denominated PE funds -- China Sovereign Wealth Fund -- Taxation issue in China's PE industry -- Policies to manage the PE industry -- How to make a successful PE in China? -- Challenges in developing PE in China -- The future of private equity in China -- Summary -- 5 Investors in China's capital markets -- Introduction -- Chinese funds -- Securities companies -- Qualified Foreign Institutional Investors (QFIIs) -- Qualified Domestic Institutional Investors (QDIIs) -- Insurance companies -- Pension funds.

China enterprise annuity fund -- Summary -- 6 China's banking industry -- Introduction -- China's traditional banking -- China's shadow banking -- China's private banking -- China's banking and local governments' debts -- Summary -- 7 Mergers and acquisitions (M&A) in China's capital markets -- Introduction -- M&A in China's capital markets -- China's outbound M&A -- Foreign investors' M&A in China -- China's legal system on M&A -- Challenges and problems of M&A in China's capital markets -- Summary -- 8 Valuation adjustment mechanism in China's capital markets -- What is valuation adjustment mechanism (VAM)? -- VAM in China -- Is a VAM clause legal in China? -- Summary -- 9 Opening up of China's capital markets -- Introduction -- Chinese firms' overseas IPOs -- QFII -- QDII -- RQFII -- Joint venture securities in mainland China -- Internationalization of Chinese securities -- Summary -- References -- Index.

Capital markets in China include stock, bond, futures and other derivatives, as well as the private equity market. China's Capital Markets is the first book to systematically study China's capital markets, examining its evolution, policies, reforms, current situation and challenges. Following an introduction to China's capital markets and economic growth, the book moves on to cover further capital markets in China, including: the banking system, mergers and acquisitions, and valuation adjustment mechanisms, before concluding with a discussion of the opening up and internationalization of China's capital markets. Provides an overall picture of China's capital markets including: policy analysis; case studies; investor strategies and behaviours; and suggestions for success in the markets Offers diverse perspectives, using rich data and analysis This is the first book to systematically study China's capital markets.

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Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2018. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.