一、我国证券市场上的寻租行为及其福利损失1.我国证券市场上的寻租行为①发行价格的控制。在我国股票发行过程中很多企业把主要精力放在公关上,过度包装,虚造利润,大量劣质股票进入股市,滋生了许许多多的寻租现象。而且新股发行没有完全纳入市场轨道,在我国的A股的发行市场,长 I. The Rent-seeking Behavior and Welfare Loss in China’s Stock Market 1. The Rent-seeking Behavior in China’s Stock Market ① The control of the issue price. In the process of China’s stock issuance, many enterprises put their main focus on public relations, over-wrapping, falsifying profits, a large number of poor stocks into the stock market, breed a lot of rent-seeking phenomenon. And new shares issued are not fully incorporated into the track of the market in China’s A-share issue market, long