Kapitálový trh

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kapitálový trh

NatureThenatureofthesocialistcapitalmarketisdifferentfromthatofthecapitalistcapitalmarket.Thecapitalistcapitalmarketmediatesthesupplyanddemandofcapitalandmobilizesallidlecapitalandsavingstodevelopcapitalistproductionandcirculation,sothattheexpansionofproductionscaleisnolongerrestrictedbycapitalists'owncapital.Itservestopromotecapitalconcentrationandacceleratecapitalaccumulation.of.Thesocialistcapitalmarketdoesnothavethenatureofexploitinglabor.Itisameansofraisingfundsforsocialistconstructionandservesthedevelopmentofthesocialisteconomy.

FunctionThesocialistcapitalmarkethasthefollowingfunctions:

①Raiseandusesocialfundstosolvethelackofconstructionfunds.Withtheprogressofeconomicsystemreformandthedevelopmentofproduction,social,corporate,andpersonalcapitalandcurrencyincomehavebeenincreasing.Banks,creditunions,andtheissuanceofstocksandbondshavebeenusedtoexchangefreecurrencyfundsinsociety.Thecurrencyisconcentratedtomeetthefinancialneedsofeconomicconstruction.

②Throughinter-banklending,promotethehorizontalfinancingoffunds,adjustthesurplusandshortageoffundsamongvariousfinancialinstitutions,acceleratecapitalturnover,andimprovetheefficiencyofcapitaluse.

③Facilitatetheflowoffunds.Inaplannedcommodityeconomy,tochangethesituationthatsomecommoditiesareinshortsupplywhileothersareoverstockedandunsalable,itisnecessarynotonlytoguideeconomicleverage,butalsotohaveareasonableflowofcapitalandotherproductionfactors.Thecapitalmarketmediatescapitalsupplyandcapitaldemand,channelingcapitalflowchannels,andregulatingtheeconomicactivitiesofvariousdepartments,sothatthefundsoftheoversupplydepartmentsflowtothedepartmentswheredemandexceedssupply.

④Regulatecurrencycirculation.Thecapitalmarketallowsurbanandruralresidentstoparticipateinsavingsandinvestment,andconvertsthecurrencyinthehandsofresidentsintothefundsneededforconstruction,sothatpartoftheconsumptionfundsareconvertedintoproductionfunds,whichisanimportantmeansofregulatingcurrencycirculation.

Obsah

①Asafinancialintermediaryagency,banksmustnotonlyissueworkingcapitalloans,butalsofixedassetinvestmentloans.

②Adapttotheneedsofflexibleanddiversetransactionmethodsincommoditycirculation,allowcommercialcreditsalessuchasprepaymentoncredit,andsupportbilldiscountingandrediscountingthroughbanks.

③Carryoutinter-banklendingbetweenfinancialinstitutionstofacilitatemutualfinancing.

④Issuestocksandbonds.Somestocksarelistedandsomearenotlisted;stockholderscanbegovernmentsanddepartmentsatalllevelsrepresentingthecountry,canbemutualholdingofstocksbetweenenterprises,ortheycanbepurchasedbyindividualworkers.Inadditiontogovernmentbondsandtreasurybondsissuedbythestate,corporatebondscanalsobesoldbycorporatecompanies.

Inthecapitalmarket,whatistransferredisnottheownershipoffundsbuttherighttousefunds.Theinterestrate,asthepriceoftherighttousefunds,isanimportantmeanstoadjustthesupplyanddemandoffundsandregulatecurrencycirculation.Theinterestrateshouldbeflexibleandcapableoffloating,soastogivefullplaytotheeconomicleverageofinterestandbecomeameansofregulatingthecapitalmarket.

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