一、我国企业海外直接融资发展状况从实际情况看,我国企业海外直接融资的方式主要有发行国际债券和海外上市两种。80年代中期起,即有一些中国企业通过在境外注册控股公司的形式在海外的股票市场挂牌上市,揭开了我国企业利用国际资本市场融资的序幕。进入90年代,在国内 I. Development status of Chinese enterprises’ overseas direct financing From the actual situation, the overseas direct financing methods of Chinese enterprises mainly include the issuance of international bonds and overseas listing. From the mid-1980s onwards, some Chinese companies listed on overseas stock markets through overseas registered holding companies opened a prelude to the use of international capital market financing by Chinese companies. Into the 90s, at home