按照一般规律,证券市场的国际化是一国经济发展到一定阶段,随其在国际经济中所占份额的增长和地位的加强而对证券发展所提出的客观要求。它包括三方面的内容:一是国际证券筹资;二是国际证券投资;三是证券商及其业务的国际化。证券市场国际化的根本原因,就在于有关各方都试图获取国际比较利益。首先,从投资者角度看,基于分散风险追逐利益的考虑, In accordance with the general law, the internationalization of a securities market is an objective requirement for the development of the securities industry as its economy reaches a certain stage of development. With the growth of its share in the international economy and the strengthening of its status, It includes three aspects: First, international securities financing; Second, international securities investment; Third, securities firms and their international business. The fundamental reason for the internationalization of the securities market lies in that all parties concerned try to gain the international comparative advantage. First of all, from the perspective of investors, based on the consideration of profit-sharing interests,