QFII制度的实施是我国扩大对外开放、积极吸引外资的又一重大举措,但是我国理论界和实务界对QFII进入中国国内证券市场的投资理念、QFII的投资行为对中国证券市场有什么样的影响等等问题还存在着不同的认识,因此有必要对这些问题进行探讨。QFIl投资理念变迁成熟证券市场经过上百年的发展,其 The implementation of the QFII system is yet another major move by China to expand its opening up and actively attract foreign investment. However, what are the implications of QFII’s investment behavior on China’s securities market for the entry of QFII into China’s domestic securities market by theorists and practitioners in our country? And so there are still different understanding of the issue, it is necessary to explore these issues. QFIl investment philosophy changes mature securities market after hundreds of years of development