摘要沪港通就是“沪港股票市场交易互联互通机制试点”的简称，是指上海市证券交易所和香港联合交易所有限公司共同建立技术连接，使两地投资者通过当地证券公司买卖规定范围内的对方交易所上市的股票。随着中国国内资本市场逐步的对外开放，中国大陆和香港两地的资本市场的交流需求越来越高，使得交流互通成为大家迫切的愿望。遂此沪港通的诞生，便是历史前进的必然产物，其产生推动了国内资本的进一步开放，使中国的资本市场逐步与世界接轨。45233
通过研究沪港通的概念、产生背景以及产生原因，充分了解沪港通产生的意义。在对沪港通市场机制的深入研究的过程中采用文献研究法，通过查找沪港通市场机制的相关文献来获得资料，从而全面地、正确地了解掌握与沪港通市场机制相关的研究发展。
为了正确把握沪港通的市场机制是如何运作的，采用定量分析法，通过搜集沪港通交易数据并制成图表，使人们对沪港通市场机制的运作有更进一步，更加精确的了解，以便更加科学地揭示规律，预测未来的发展趋势。在分析沪港通的影响时，采用比较分析法，通过比较A股市场与海外市场在市场机制方面的差异，预测未来中国股票市场的转变方向，引导投资者更加合理地进行资本投资。
毕业论文关键词：沪港通； 市场机制运作； 未来发展新动向
Abstract Shanghai-Hong Kong Stock Connect program refers to the Shanghai Stock Exchange (referred to as "the Shanghai Stock Exchange") and the Stock Exchange of Hong Kong Limited ("SEHK") to establish technical connections so the two local investors through the sale of the securities company or broker within the provisions of the other exchange-listed stocks.With the gradual opening of the domestic capital market, the Chinese mainland and Hong Kong exchanges of capital markets as possible. Then the Shanghai and Hong Kong through the birth, is the inevitable product of historical progress, which produces promote the further opening of domestic capital, making China's capital market is gradually with the world.In Shanghai-Hong Kong Stock Connect program the market mechanism in the process of in-depth study of literature study, to obtain information through the Hong Kong and Shanghai to find relevant documents through the market mechanism, in order to fully and correctly understand the Shanghai-Hong Kong Stock Connect program the market mechanism and the related research and development .In order to properly grasp how Shanghai-Hong Kong Stock Connect program the market mechanism works, Shanghai and Hong Kong through transaction data by collecting and graphed, so that people on the operation of the market mechanism through Hong Kong and Shanghai have a better, more accurate understanding in order to reveal more scientific laws, to grasp the essence, clarify the relationship, to predict future trends.In analyzing the impact of Shanghai-Hong Kong Stock Connect program, using comparative analysis, by comparing differences in the A-share market in terms of market mechanisms to predict changes in the future direction of China's stock market, investors are more reasonable guide for capital investment.
Key Words：Shanghai-Hong Kong Stock Connect program；Operation
 目    录
摘    要 Ⅰ
Abstract Ⅱ
一、绪论 1
㈠研究背景 1
㈡导致沪港通的产生的原因2
二、沪港通的市场机制 3
㈠沪港通的交易规则及其特点 3
㈡港股与A股市场的差异 5
㈢沪港通的特点 5
㈣比较沪港通与其他引资方式的不同 6
㈤沪港通带来的影响 7
三、未来沪港通的发展方向 10
㈠沪港通对股票价格的影响及未来股价的 10
㈡ A股市场机制未来的发展方向 10 沪港通的市场机制研究:http://www.youerw.com/guanli/lunwen_46562.html