中国股票、房地产、债券等资产的价格在近期直线攀升,整体资产面临重新估价的局面。本文着重分析引起资产重估乃至高估的两个原因,并指出这两方面的原因会导致一个客观事实,即企业资产配置失衡。从宏观层面讲,企业资产配置失衡正是导致全国性资产重估的根本原因。 Assets in China, such as stocks, real estate and bonds, plunged in the near term, leaving the overall assets under revaluation. This article focuses on two reasons that cause asset revaluation and even overestimation, and points out the two reasons that lead to an objective fact that enterprise asset allocation is unbalanced. At a macro level, the imbalance in the allocation of corporate assets is the root cause of the national revaluation of assets.