市值管理既是中国资本市场走向成熟的产物,也是中国资本市场目前所处的尚未完全成熟时期的特色概念。毋庸置疑,股权分置改革是市值管理成为中国资本市场重要话题的基础。随着全流通的到来,市值成为各方面管理的焦点,对资本市场的发展、上市公司的运作、管理层绩效的考核、收购与反收购、投融资等方面都有着深刻影响。 Market capitalization is not only a product of the maturity of China’s capital market, but also a characteristic concept of the time when China’s capital market is not yet fully mature. There is no doubt that the split share structure reform is the market value management has become an important topic in China’s capital markets. With the advent of full circulation, market value has become the focus of management in all aspects. It has a profound impact on the development of capital markets, the operation of listed companies, the assessment of management performance, acquisitions and anti-acquisitions, investment and financing.