股权分置试点推出以后,大盘连创历史新低,对市场今后走向持悲观态度的人有增多趋势。通过对试点推行一个月来市场反应的回顾分析,我们认为股市在极度熊态下非理性行为的出现有其必然性,但从长期来看,股权分置改革不仅不会置股市于死地,而且在经过改革阵痛期之后,股市将会得到更加健康的发展。 After the introduction of the pilot share splitting program, the broader market even hit a record low and the number of people who are pessimistic about the future direction of the market is on the rise. Through the review and analysis of the one-month market reaction conducted by the pilot project, we think it is inevitable that the stock market will behave irrationally under the conditions of extreme bear market. However, in the long run, the non-tradable share reform will not only kill the stock market, After the painstaking period of reform, the stock market will get a more healthy development.