“粤海重组”曾震惊了香港地区金融界和企业界,也轰动了中国内地和世界的资本市场。它是亚洲有史以来最大、最复杂的债务重组案,其意义之深远,已超出了债务重组本身的含义,它是我国国有企业最大的重组,是中国建设市场经济制度进程中的一个典型案例。陈珠明博士对此建立的这个轮流出价模型,再现 Guangdong Reorganization shocked the financial and business communities in Hong Kong and also hit the capital markets in mainland China and the rest of the world. It is the largest and most complex debt restructuring case ever made in Asia. Its far-reaching significance has gone beyond the meaning of debt restructuring itself. It is the biggest reorganization of China’s state-owned enterprises and is a typical case in the process of building a market economy in China. Dr. Chen Zhuming this round-the-clock bidding model, reproduced