胖胖 · 2023年08月04日
Please reply in English if it's possible. If not chinese is fine.
Why does the privatization of state-owned enterprises increase the dilution effect?
Privatization should decrease the number of shares, which should increase the expected return right?
Please explain the logic
Under module 2: economic growth
笛子_品职助教 · 2023年08月04日
嗨，努力学习的PZer你好：
Why does the privatization of state-owned enterprises increase the dilution effect?
Hello, dear classmates
China company issue too much stock, so it has a lot of dilution effect.
rivatization should decrease the number of shares, which should increase the expected return right?
No.
Privatization can not decrease the number of shares
state-owned enterprises issue stock and sell the issued stock to investors.
The couse increase numbers of stocks not decrease numbers of stocks
The the privatization of state-owned enterprises is not the CFA exam focus.CFA focus on America not China.
Just a liitle konw that is OK.
----------------------------------------------虽然现在很辛苦，但努力过的感觉真的很好，加油！
