股市的下跌反映出市场对股权分置改革试点的疑虑和观望,但这是必须要走出的第一步。其后的上市公司治理改革和政府从资本市场的淡出,将是股市变革系统工程中更为关键的步骤 The decline in the stock market reflects the market doubts and concerns about the pilot share reform program, but this is the first step that must be taken out. Subsequent corporate governance reform of listed companies and government fade out from the capital market will be the more crucial steps in the systematic reform of the stock market