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上市公司的国有股减持问题是2000年下半年以来中国证券市场最为关注的问题之一。本文从促进中国证券市场健康发展的角度出发,在考虑了众多复杂因素和现有实践的基础上,针对上市公司的不同特点和要求,提出了三种国有股减持修正案,并对国有股减持的设计原则、定价方式、减持顺序、减持资金运作模式、其它主要减
The reduction of state-owned shares of listed companies is one of the most concerns of China’s securities market since the second half of 2000. Based on the consideration of many complicated factors and existing practices, the paper proposes three amendments to the state-owned shares reduction plan according to the different characteristics and requirements of listed companies, and from the perspective of promoting the healthy development of China’s securities market, The design principles, pricing, reduction order, reduction of capital operation mode, the other major reduction