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股权分置,这个被称之为中国股市众多顽痼问题的根源,2005年终于坚冰初破!这也标志着中国证券市场将迈向一个全新的阶段。2005年5月9日,三一重工(股票代码600031)率先公布了“每10股流通股送3股股票和8元现金”的股权分置解决方案,立即在市场上引起轩然大波,公司股价也出现大幅震荡,市场普遍反映该方案的补偿不合理,特别是以证券投资基金为首的机构投资者提出了异议。有专家认为,改制方案不应使流通股股东的权益受到损害,即补偿在全流通之后,流通股股东的持股市值不能低于全流通之前的持股市值,否则流通股股东的利益将受到损害。但也有部分业内人士表示,从流通股股东的角度看,自然是
Equity division, this is called the root cause of many stubborn problems in the Chinese stock market, finally breaking the ice in early 2005! This also marks the Chinese stock market will move towards a new stage. May 9, 2005, Sany Heavy Industry (stock code 600031) first announced the “every 10 shares outstanding shares to send 3 shares and 8 cash,” the share placement solution, immediately caused a great uproar in the market, the company stock price There was a sharp shock and the market generally reflected the unreasonable compensation of the scheme. In particular, institutional investors led by securities investment funds raised objections. Some experts believe that the reform program should not make the rights and interests of tradable shareholders harmed, that is, compensation in the circulation, the shareholders of tradable shares can not be less than the market value of the stock before the full circulation, or the interests of tradable shareholders will be damage. However, some insiders said that from the perspective of tradable shareholders, it is natural