摘要
以上海股票市场1998-2001年发行并且上市的新股为样本,通过对中国股票市场上新股抑价程度进行统计,我们发现我国股票市场新股发行抑价率远高于其他国家。而中国股票市场的投机行为是其根源。因而抑制投机是解决高抑价率的根本措施。
The sample of the new shares in Shanghai Stock Market from 1998-2001 and the statistics of under pricing of IPO in China's stock market show that the ratio of under pricing in China is much higher than that in other countries. The paper reports that the speculation is the root of IPO in China. Uprooting the speculation is the one of the effective measures to be taken.
出处
《华南金融研究》
2002年第4期35-38,共4页
South China Financial Research
关键词
中国
股票市场
新股发行
抑价率
New shares issue, ratio of under pricing, speculation
