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券商研究机构的设立中国证券市场研究起步是比较早的,少数券商刚刚成立时就设立了研究部门。但当时的研究部门规模普遍很小,研究的领域和范围也十分狭窄(主要以“股评”为主),研究队伍的整体素质在公司中也并不突出,在研究部门的命名上也多以研究开发部或研究发展中心为主。可以说在1996年以前,中国的证券市场研究基本上还处于萌芽阶段。但是1996年则是一个分界线,在1996年、1997年的两年时间里各大券商纷纷设立了具有相当规模和档次的综合性研究部门(参见表1)。
The establishment of brokerage research institutions China’s securities market research started earlier, a few brokerages just set up a research department. However, the research departments at that time were generally small in scale and narrow in scope and scope (mainly “stock reviews”). The overall quality of the research team was not prominent in the company either, and there was more research department nomenclature Research and Development Department or Research and Development Center. It can be said that by 1996, China’s stock market research was basically still in its infancy. However, 1996 was a demarcation line. In 1996 and 1997, the major brokerages set up comprehensive research departments of considerable size and grade (see Table 1).