证券市场国际化,是指以证券形式为媒介的资本在国际上自由流动,即证券发行、证券投资、证券交易和证券市场结构超越国界,实现国际间的自由化。一般证券市场的国际化包含两方面的含义,即服务性开放和投资性开放。 证券市场服务性开放是金融服务业开放的主要内容之一。它包括:(1)允许外国投资银行、可以经营证券业务的商业银行、资产管理公司、各种基金(如共同基金、养老基金、对冲基金、保 The internationalization of the securities market refers to the free flow of capital in the form of securities in the international arena, that is, securities issuance, securities investment, securities trading and securities market structure transcend borders and achieve international liberalization. The internationalization of the general securities market contains two meanings, namely service opening and investment opening up. The openness of securities market is one of the main contents of opening up the financial service industry. It includes: (1) allowing foreign investment banks, commercial banks that can run securities business, asset management companies, various funds (such as mutual funds, pension funds, hedge funds, insurance