一、问题的提起中国资本市场已经经历了长达4年多的持续下挫,社会公众投资者已经蒙受了巨大的损失。导致股市受挫的根本原因在于中国股市的制度性缺陷,即上市公司股权结构的长期分置状态,形成了“不同股不同价不同权”的市场制度与结构。股权分置是指目前我国上市公司的股权结 First, the problem filed China’s capital market has gone through more than 4 years of sustained decline, public investors have suffered huge losses. The basic reason for the frustration of the stock market lies in the institutional defect of the Chinese stock market, that is, the long-term state-owned separation of ownership structure of listed companies and the formation of a market system and structure of “different shares with different prices and different rights”. Split share refers to the equity of the listed company in our country