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Long-Term Capital Markets

In: FINANCIAL THEORY Perspectives from China

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  • Xingyun PENG

Abstract

The majority of those with surplus fund will purchase stocks or bonds on the capital market, while those with a shortage of funds will issue bonds or stocks on the capital market to raise funds. Thus, capital market is one of the most important parts of a modern financial system, and it relates to individuals, enterprises, and governments closely. In this chapter, we will introduce capital market fundamentals.

Suggested Citation

  • Xingyun PENG, 2015. "Long-Term Capital Markets," World Scientific Book Chapters, in: FINANCIAL THEORY Perspectives from China, chapter 9, pages 205-233, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9781938134326_0009
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