Preface

　　This book is drafted in a style of common law textbook, just like those using in the law schools of U.S.A., but with typical Chinese securities cases and laws. It covers the general introduction of Chinese securities laws on securities issuance, transactions, institutions, regulatory and legal liabilities for illegal practices. In each section, after the introductions of specific rules and rationale, a case is followed with summary of facts, ruling of the courts. So the readers may have an oversight to Chinese securities laws and the students can learn the relevant laws through cases method.

　　I want to send this book to my wife Xu Xiaoxia as a gift to celebrate our loving time of 20 years. And thank the international students studying the Master Program in Chinese Law of Beijing Normal University. Sincerely appreciate helps from the editors of University of International Business and Economics Press.