论文部分内容阅读
不久前有媒体称,“金融机 构的贷款保持了较高的增长速度,企业资金供给充足,其中很大部分投到了股市中。目前仅在上交所开户的工商企业已有9万户,而证券公司存放金融机构同业存款比去年初增长4420亿元。这表明从各种渠道流入股市的资金大增,成为股市活跃的重要原因。”于是,有人得出结论:去年股指大涨的根本原因是银行信贷资金流入股市。西南财经大学金融研究所所长曾康霖认为,这种说法并不确切。
Not long ago, according to media reports, “loans from financial institutions have maintained a high growth rate and ample supply of enterprises, most of which have been invested in the stock market. Currently there are only 90,000 industrial and commercial enterprises that have opened an account with the Shanghai Stock Exchange, Deposits from financial institutions rose 442 billion yuan from the beginning of last year, indicating that the surge of funds flowing into the stock market from various sources has become an important reason for the stock market’s activeness. ”Thus, it was concluded that the fundamental reason for the stock index soaring last year was that banks Credit funds flow into the stock market. Tsang Kang-lin, director of the Institute of Finance at Southwestern University of Finance and Economics, believes this statement is not exact.