国有股减持问题可谓是当前乃至未来一个时期的热点和难点问题,能否顺利进行和怎样进行直接关系到证券市场的稳定发展。目前国有股减持通过何种定价发行,以及如何解决“全流通”成为证券市场最大的变数。市场在各个传言中剧烈震动,如何实现全额流通,统一价值参照体系,实现上市公司的同股同权、同钱同利,尽而解决我国股市多年来的积弊是当前迫在眉睫的问题。只有在中国股票市场上实现股份上市公司的全流通才是解决所有问题的前提,全流通意味着全体股 The issue of state-owned shares reduction can be described as a hot and difficult issue in the current and even future period, whether it can proceed smoothly and how to directly affect the stable development of the securities market. At present, the pricing of state-owned shares through the issuance of the issue, and how to solve the “full circulation” has become the largest stock market variables. Market volatility in all rumors, how to achieve full circulation, a unified system of reference value to achieve the same rights of listed companies with the same money with the money, try to solve the long-standing problems in our stock market is the most pressing issue. Only in the Chinese stock market to achieve full circulation of shares of listed companies is the prerequisite to solve all problems, full circulation means that all the shares