我国股票市场处于发展阶段,具有市场容量小、信息披露不充分、监管保守、涨停机制等特点,表明我国资本市场仍是弱有效的,存在较大的信息不对称,国外理论并不能很好地解释我国的配股反应情况。配股企业欲在股票市场实施配股,首先需要提出预案并经股东大会表决通过后上报证监会批 The stock market of our country is at the stage of development with the characteristics of small market capacity, inadequate information disclosure, conservative regulation and daily limit mechanism. It shows that our capital market is still weakly effective with large information asymmetry, and the foreign theory is not very good Explain our rights issue situation. Allotment companies want to implement the rights issue in the stock market, first of all need to put forward a plan and approved by the general meeting of shareholders submitted to the SFC approved