再融资是指上市公司通过配股、增发和发行可转换债券等方式在证券市场上进行的直接融资。融资对上市公司的发展起到了较大的推动作用,但是,由于种种原因,上市公司的再融资还存在一些不容忽视的问题。一是融资方式单一,以股权融资为主。在1998年以前,配股是上市公司再融资的惟一方式,2000年以来,增发成为上市公司对再融资方式的另一选择;2001年开始,可转债融资成为上市公司追捧的对象。融资对改善 Refinancing refers to the listed companies in the stock market by way of placement, issuance and issuance of convertible bonds and other means of direct financing in the securities market. Financing has played a greater role in promoting the development of listed companies. However, due to various reasons, there are still some problems that can not be ignored in the refinancing of listed companies. First, a single mode of financing to equity-based financing. Prior to 1998, rights issue was the only way for refinancing listed companies. Since 2000, additional issuance has become another choice for refinancing of listed companies. From 2001 onwards, convertible bonds financing became the target of listed companies. Financing is improving