本文针对中国股票市场1992 - 1997年度的A股和B股的市场分割问题进行研究，并讨论了B股大幅度折价的原因。

This paper studies the issue of market segmentation of a shares and B shares in the Chinese stock market during the years of 1992-1997, and discusses the reasons for the deep discount of B shares.

youdao

因而，探讨股票市场分割对我国公司治理的影响，研究如何消除我国股票市场的这种分割状况，使我国上市公司的治理更为有效，是非常有必要的。

To enhance the management of the listed companies, it's necessary to study the impact brought by market segmentation and work out a way to put an end to it.

youdao