The Structural Bubbles in Present Chinese Stock Market and Countermeasures to Prevent and Control Them

In early May,2007,the Shanghai Composite Index and Shenzhen Component Index broke through the 4,000-point mark and 11,000-point mark respectively.So far there have been constant arguments in the theory circle on whether there are or not in Chinese stock market.Through the theoretical analysis,this paper raises a measuring standard of the and no bubbles,finds out that there exist structural bubbles…