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针对股市泡沫这一理论界新兴的也是最艰深的问题，对原泡沫系数模型进行了修正和补充，建立了新泡沫系数模型，对中国股市泡沫程度进行了检验，并给予了合理解释。
Aiming at the emerging and the most difficult issue in the theoretical circle of stock market bubble, the original foam coefficient model was revised and supplemented, a new foam coefficient model was established, the degree of the Chinese stock market bubble was tested, and a reasonable explanation was given.