外资操纵中国股指期货的路径猜想及防范分析  

On Foreign Capital Manipulating China Stock Index Futures’ Path and Counter Measures

作　　者：王郧[1] 张宗成[1] 

机构地区：[1]华中科技大学经济学院,湖北武汉430074

出　　处：《华中科技大学学报（社会科学版）》2008年第4期45-51,58,共8页Journal of Huazhong University of Science and Technology(Social Science Edition)

基　　金：国家自然科学基金项目(70541003)

摘　　要：中国股指期货即将上市,一系列迹象表明国外投机正在做操纵中国股指期货的准备工作。分析外资操纵的案例,用格兰杰检验和脉冲响应函数证明了其投机路径可行,并对其具体操纵路径和手法做了猜想,针对其操纵路径,得出了防范监管措施的具体建议。This paper is directed at China stock index futures market. Signs show that foreign capital manipulates Chinese stock index futures markets through the stock market and futures market. First we review the research literature, then give a successful case of foreign manipulation, and analyze the foreign speculation＇ s preparing work, then give a strategy and a speculative guess. Finally, we suggest some preventive measures.

关 键 词：价格操纵 沪深300指数期货 H股指数 格兰杰因果检验 

分 类 号：F831.59[经济管理—金融学]