论文部分内容阅读
经过十四年的快速发展,我国的开放式基金已经成为证券市场上的最大机构投资者,但是基金投资者的大量赎回或申购行为使得基金的市场稳定功能受到了广泛的质疑,本文通过相关的实证研究探讨开放式基金是否具有稳定股票市场的作用。
After fourteen years of rapid development, China’s open-end funds have become the largest institutional investors in the securities market. However, the massive redemption or subscription behavior of the fund investors has caused the fund’s market stability function to be widely questioned. The empirical study examines whether open-end funds have a stabilizing effect on the stock market.