By Xia Bin　

Date: 2002/10/25

Abstract:　

The paper introduces the development and specific types of the actually existing financial holding companies. Although these companies have not been recognized or defined by law, their development trend cannot be neglected. Proceeding from the imcomplete laws in China, this paper studies the issue of legal recognition of establishing financial holding companies and puts forward which group of legal person entities are most likely to establish financial holding companies as well as the real motivations of the legal person entities behind their establishments of financial holding companies under the circumstances of absent legal and institutional supervision and appeals to China's three financial supervision departments to jointly study this issue and draw out relevant regulations as soon as possible.