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IPO是指首次公开发行股票过程中的新股价格确定、发行承销与销售的一系列机制与制度,本文分析了中国IPO生态链的制度性的弊端。
IPO refers to a series of mechanisms and systems for determining IPO price, issuance underwriting and sales in the process of initial public offering of stocks. This article analyzes the institutional disadvantages of the IPO ecological chain in China.