送股是指公司通过留存利润或资本公积转增股本，向现有股东无偿赠送新股。在股市中，送股通常视为一种对股东的激励，也是公司盈利回报股东的方式之一。送股后，股东拥有更多的股份，但股价相应下调，因此送股后当天的股价表现成为投资者关注的焦点。

The term "bonus share" refers to the practice of a company issuing new shares to its existing shareholders at no cost by capitalizing its retained earnings or capital reserves. In the stock market, bonus shares are often viewed as a form of incentive for shareholders and a way for companies to reward their investors. After the issuance of bonus shares, shareholders own a higher percentage of the company, but the stock price adjusts accordingly. Therefore, the stock price performance on the day of bonus share issuance becomes a focal point for investors.

送股后当天，股价通常会出现下调的情况。这是因为送股意味着股东持有更多的股份，而公司总股本并没有改变，因此股价会相应下滑。换句话说，虽然股东拥有更多的股份，但每个股份所代表的公司价值相对减少了。

On the day of bonus share issuance, the stock price typically experiences a decline. This is because bonus shares imply that shareholders hold a larger number of shares, but the total share capital of the company remains unchanged, leading to a decrease in stock price. In other words, although shareholders possess more shares, the value represented by each share decreases proportionately.

股价下跌并不意味着送股是一个不利的事件。相反，对长期投资者而言，送股是一个正面的信号。这表明公司具有足够的盈利实力，并且愿意将一部分回报分配给股东。在市场上，这被视为公司对未来增长潜力的信心的体现。

The decline in stock price does not necessarily imply that bonus shares are a disadvantageous event. On the contrary, for long-term investors, bonus shares are seen as a positive signal. It indicates that the company has sufficient profitability and is willing to distribute a portion of the rewards to shareholders. In the market, this is considered as a reflection of the company's confidence in its future growth potential.

值得注意的是，股价下跌仅仅是短期的影响。送股后，随着时间的推移，股价往往会逐步恢复甚至超过送股前的水平。这是因为送股通常意味着公司盈利能力的提高，进而吸引更多的投资者买入股票，推动股价上涨。

It is important to note that the decline in stock price is only a short-term impact. After the issuance of bonus shares, the stock price tends to gradually recover and even surpass pre-bonus levels over time. This is because bonus shares often imply an improvement in the company's profitability, which attracts more investors to buy the stocks, thus driving the stock price upwards.

对于投资者而言，送股后当天的股价表现并不应成为决策的唯一依据。更重要的是关注公司的基本面和长期发展前景。送股作为一种激励手段，反映了公司的盈利能力和对股东的回报承诺。因此，投资者应该综合考虑众多因素，制定投资策略，而不仅仅局限于送股后当天的市场变化。

For investors, the stock price performance on the day of bonus share issuance should not be the sole basis for decision making. It is more important to focus on the company's fundamentals and long-term growth prospects. Bonus shares, as an incentive measure, reflect the company's profitability and commitment to shareholder returns. Therefore, investors should consider multiple factors and formulate investment strategies, rather than solely concentrating on the market fluctuations on the day of bonus share issuance.

In conclusion, the stock price performance on the day of bonus share issuance is a significant aspect that investors pay attention to. However, it is crucial to understand that the decline in stock price is a short-term impact, and over time, the stock price tends to recover and even exceed pre-bonus levels. Investors should consider the company's fundamentals and long-term prospects while formulating their investment strategies, instead of solely relying on the day of bonus share issuance.