non-tradable share 非流通股
tradable share structure 流通股结构
non-tradable share pricing 非流通股估价
non-tradable share shrinkage 非流通股缩股
"Non-tradable Share" is the system defects of our country's economic reformation not complete and stock market systems unreasonable design. It means that there are non-tradable share and tradable share among A-share market listed companies.
“股权分置”是我国经济体制改革不配套和股票市场制度设计不合理所留下的制度性缺陷,是指中国A股市场的上市公司的股权结构中普遍存在着非流通股和社会流通股“两种不同性质的股票”。
参考来源 - 股权分置改革对股票价格影响的实证研究 （研究生论文）·2,447,543篇论文数据，部分数据来源于NoteExpress
Even non-tradable share reform failed to thoroughly change the situation.
即使是股改也未能彻底改变这一局面。
There are huge changes in Securities Market in 2006. With the solution of non-tradable share problem, Securities Market will step into "Post-Non-Tradable Share Period".
2006年是中国证券市场制度变革年，伴随股权分置问题的解决，证券市场进入了后股权分置时代。
Based on the sample of the non-tradable shares transfer and restricted shares transfer, the paper analyzes the tunneling before and after the non-tradable share reform.
基于非流通股协议转让交易的样本和限售股协议转让交易的样本，实证检验了股改前后上市公司的利益输送行为。
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