CAJ | 학술논문

研究目标包括两方面：其一,对REITs产品上市后可能市场交易进行分析;其二,考察论证如何有效避免投资者盲目投机,特别是防范首只REITs上市后可能的爆炒情况。为此,本文从以下几个方面进行研究：（一）考察海外典型市场REITs上市后的市场运行状况;（二）考察我国沪市类似产品的投资者构成及交易行为特点,并重点就1998年基金上市后市场运行状况进行案例分析。并就此提出一些政策建议。
연구목표포괄량방면：기일,대REITs산품상시후가능시장교역진행분석;기이,고찰론증여하유효피면투자자맹목투궤,특별시방범수지REITs상시후가능적폭초정황。위차,본문종이하궤개방면진행연구：（일）고찰해외전형시장REITs상시후적시장운행상황;（이）고찰아국호시유사산품적투자자구성급교역행위특점,병중점취1998년기금상시후시장운행상황진행안례분석。병취차제출일사정책건의。
This goal of this study includes two aspects： First,the possible market for REITs to analyze market transactions;Second,investigation and evaluation on how effectively avoid blind speculation investors,especially against the first possible only after the listing of REITs stir situation.Therefore,this article studies the following aspects：（a） examine REITs overseas market after the listing of the typical operation of the market conditions;（b） examine China＇s Shanghai stock market investors in similar products composition and characteristics of transactions,with an emphasis on the 1998 Fund operation of the market situation after the listing of case studies.And make policy recommendations.