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我国证券市场经过十年的发展已经初具规模。截至2001年1月15日,全国境内上市公司总数已达1074家,市价总值48257亿元,比1999年底增长78.6％,占GDP的比重达到了50％以上,证券市场在国民经济中的地位和作用得到进一步增强。证券市场的发展使券商发展的空间得到了普遍拓展,又使券商竞争格局面临着新一轮全面而深刻的调整。 在证券市场开放程度逐步提高,证券市场参与主体多元化格局日趋明朗的大背景下,国内大券商在发行承销、基金管理、资产管理的垄断优势受到了巨大的挑
After ten years of development, China’s securities market has begun to take shape. As of January 15, 2001, the total number of domestic listed companies reached 1074, the market value of 4825.7 billion yuan, an increase of 78.6% over the end of 1999, accounting for the proportion of GDP reached 50%, the securities market in the national economy status And the role has been further enhanced. The development of the securities market broadened the space for the development of brokerages, leaving the securities firm with a new round of overall and profound changes in its competitive landscape. With the gradual opening up of the securities market and the increasingly diversified structure of the participants in the securities market, the monopoly advantages of underwriting, fund management and asset management of domestic big brokerages have been greatly challenged