2006•Journal of Chongqing Jiaotong UniversityRequires access
Discussion of the Validity of Stock Market in China
Nie Kan-xiong
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Abstract
In the theory of effective market,according to the reflection degree to different information material of the stock price,security market is divided into weak type of effective market,half strong type of effective market,strong type of effective market.The actual conditions of the stock market of our country,is poor efficiency,poor information and poor operating system.The countermeasure of improving the validity of stock market of our country is put forward.