Along with the reform of non-tradable shares, the split share structure of listed companies in China was finally resolved. 伴隨著(zhù)股權分置改革的推進(jìn)，中國上市公司股權分置的現象終于得以解決。
Another reason we expect is that the easiness of equity financing gives listed companies more free cash flow which helps overinvestment. 另外，股權分置的格局導致了我國上市公司極強的股權融資偏好，融資的低成本也促成了過(guò)度投資的發(fā)生。
