“每逢股市大跌,媒体都爱用‘蒸发’来渲染股市市值下降的严重程度,使人们误以为股市‘蒸发’,就像水灾和雪灾那样损失了真正的财富。”在加拿大皇家银行风险管理部资深顾问陈思进看来,其实不然,损失的顶多是一些看似昂贵的泡沫。实际上,由于上市公司的市值等于每股股票价格乘以发行总股数,发行股数少则千万、多则数亿,而股票总市值又等于全部上市公司的市值之和,因此,在发行总股数不变的情况下,哪怕是股价的轻 “Every time the stock market plunges, the media loves to use ’evaporation’ to paint off the decline in stock market value, causing people to mistake the stock market for ’evaporation,’ losing real wealth like floods and snowstorms.” In the Royal Canadian Chen Sijin, a senior consultant at the bank’s risk management department, actually does not expect that the loss will be at least some seemingly expensive bubble. In fact, since the market capitalization of a listed company is equal to the price per share multiplied by the total number of shares issued, the number of issued shares is from 10 million to hundreds of millions and the total market capitalization is equal to the sum of the market capitalization of all listed companies. Therefore, The same issue of the total number of shares, even if the stock price is light