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从百年美股看A股百年(美股百年行情复盘与A股趋势分析)/经济大趋势系列
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此书还可采购25本,持证读者免费借回家
  • 配送范围:
    浙江省内
  • ISBN:
    9787302622352
  • 作      者:
    作者:纪春华//郑羽逍|责编:顾强
  • 出 版 社 :
    清华大学出版社
  • 出版日期:
    2023-03-01
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发展100多年的美股,对A股究竟有何启示?


各个不同的历史阶段,会对股市有何影响?


很显然,美股市场是一面镜子,研究美股,有助于我们更好地把握A股。

这本书主要包括:

1.基于历史背景的中美股行情复盘

2.深入研究,找出规律,授人以渔

3.在股市对比中,发现投资机会

4.掌握规律,指导实战


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作者简介

纪春华,工银国际研究部首席策略分析师。拥有逾11年策略研究及投资从业经验,曾在中泰国际、建银国际、招商证券(香港)及City National Rochdale基金任职。在Asia Money 2017 排名中获港股市场最佳策略分析师第三名。毕业于香港科技大学,获得金融数学硕士学位,并持有特许金融分析师资格。


郑羽逍,深圳前海国恩资本管理有限公司宏观研究员,曾就职于福建海峡银行。


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内容介绍
本书旨在通过中美股市对比,探寻A股所处阶段及未来可能的发展路径。由于美股市场的历史要远长于A股,且中美之间经济发展阶段也存在较大差异,因此同一时期的A股和美股并不具备可比性。因此,本书不仅通过时间线的方式分别对两个市场的发展过程进行梳理,更是针对股票市场的不同方面,如流动性情况、投资者构成、行业构成、交易规则及市场监管等一系列主要因素,对中美股市进行比较研究,从美股变化规律中寻找A股目前所处阶段以及未来发展趋势。在比较中美股市的过程中,本书还穿插了对股市研究方法的讨论,以及作者对于股市本质的一些理论思考。
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目录

第一章 为何选择美股进行对比 ··········································1

第一节 美股为全球最成熟股票市场之一 ································2

第二节 中美经济互为依托 ················································10

第二章 美国股市各个历史阶段表现及特点 ····························17

第一节 美国股市的一些久远历史 ·······································18

第二节 “大萧条” ···························································20

第三节 罗斯福新政 ·························································26

第四节 “二战”期间 ·······················································29

第五节 “二战”结束后 ····················································32

第六节 布雷顿森林体系 ···················································34

第七节 石油危机····························································37

第八节 里根大循环 ·························································39

第九节 科网危机····························································43

第十节 新一轮牛市 ·························································47

第十一节 次贷金融危机 ···················································48

第十二节 金融资产的大通胀 ·············································51

第十三节 现代货币理论 ···················································53

第十四节 美国目前所处阶段及股市特点 ······························55

第三章 中国股市历史回顾 ·················································59

第一节 股市建立之初 ······················································ 60

第二节 外向型经济道路 ··················································· 63

第三节 新世纪股改 ························································· 66

第四节 2008 金融危机 ····················································· 68

第五节 新常态 ······························································ 71

第六节 去杠杆 ······························································ 73

第七节 中美贸易争端 ······················································ 75

第八节 疫情时代···························································· 77

第九节 中美经济发展历程对比 ·········································· 79

第十节 A 股目前阶段所具有的特色、机遇及挑战 ··················· 82

第四章 研究方法 ····························································88

第一节 研究框架···························································· 89

第二节 经济周期···························································· 90

第三节 周期和股市 ························································· 94

第四节 股市的不可预测性 ················································ 96

第五节 不可为而为之的一些方法 ······································· 98

第六节 简单分类···························································101

第五章 中美股市流动性情况对比 ······································ 102

第一节 美股流动性情况概览 ············································103

第二节 A 股流动性情况概览 ············································ 116

第三节 中美股市流动性差异背后的原因 ·····························122

第六章 中美股市投资者构成对比 ······································ 125

第一节 美股投资者构成的演变及成因 ································126

第二节 A 股投资者构成的演变及成因 ································131

第三节 中美股市投资者构成的差异及原因 ··························133

第四节 中国能否吸引全球投资者 ······································138

第七章 中美股市行业构成对比 ········································· 142

第一节 美股行业构成的演变及成因 ···································143

第二节 A 股行业构成的演变及成因 ···································150

第三节 中美股市行业构成的差异及原因 ·····························157

第四节 中美股市行业集中度对比 ······································162

第八章 交易规则 ··························································· 166

第一节 美股交易规则简介 ···············································167

第二节 中美股市交易规则对比 ·········································172

第九章 市场监管 ··························································· 182

第一节 美国股市监管机构及规则简介 ································183

第二节 中国股市监管机构及规则简介 ································188

第三节 中国股市监管的发展方向 ······································194

第十章 A 股市场发展的猜想 ············································· 199

第一节 走向世界的A 股 ·················································200

第二节 走向自由的A 股 ·················································205

第三节 走向盈利的A 股 ·················································208


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