中国存托凭证投资者保护机制之重构  

Reconstructing Protection Mechanism of Chinese Depositary Receipt Investors

作　　者：徐伟功[1] 张建雨 Xu Weigong;Zhang Jianyu(Zhongnan University of Economics and Law,Wuhan,Hubei 430073)

机构地区：[1]中南财经政法大学,湖北武汉430073

出　　处：《河南财经政法大学学报》2020年第6期71-76,共6页Journal of Henan University of Economics and Law

基　　金：国家社科基金重点项目“我国涉外民事审判中法官自由裁量权实证分析”(项目编号:19AFX026);中南财经政法大学中央高校基本科研业务费专项资金资助项目(项目编号:201910608)的阶段性研究成果.

摘　　要：2020年,以存托凭证为核心的“沪伦通”交易机制再度启动。然而,目前关于我国存托凭证投资者保护机制研究较为欠缺,忽视存托凭证法律关系中的涉外因素,导致弱化国际民商事管辖权冲突与法律适用等实质性问题,在涉外审判中不能从根本上保障我国存托凭证投资者的基本权利,因而需要机制重构。在分析中英两国关于存托凭证法律差异的基础上,构建“明确性”与“灵活性”相结合的跨国存托凭证投资者保护机制。In 2020,the“Shanghai-London Link”trading mechanism with depositary receipts as the core will be launched again.However,the current research on China’s depositary receipts investor protection mechanism is relatively lacking.Ignoring the foreign-related factors in the legal relationship of depository receipts leads to the weakening of substantive issues such as conflicts of international civil and commercial jurisdiction and the application of laws,which cannot be fundamentally guarantee the basic rights of investors of depositary receipts in China,so a protection mechanism reconstruction is needed.This paper attempts to build a multinational depository receipts investor protection mechanism that combines“clarity”and“flexibility”on the basis of analyzing the legal differences between China and Britain on depository receipts.

关 键 词：存托凭证 投资者保护 法律冲突 法律适用 

分 类 号：D997.4[政治法律—国际法学]