This paper presents and analyses the different research method, results, and the problem unsolved on securities selectivity and market timing in fund performance evaluation.

This paper inducts the market timing theory, base on the actual status of China's stock market to study the seasoned equity offering of China's listed companies.

Market timing theory of capital structure is developed and tested in Baker and Wurgler (2002).

The Market Selection and the Division of the Region for the Convention&Exhibition Industry in Zhejiang;

The Spillover and Market Selection Effects of FDI:Evidence from China

The interpersonal communication influences studying to university student's employment in market selection

Theoretical Analysis of County Region Agriculture s Trend Towards Market ——On Wangdu capsicum s market choice;

The Market Choice and the Development of Real Estate Intermediate;

Audit independence results from market choice.

Since the market timing theory was clearly proposed by Baker and Murgler in 2002,the explaining power of the traditional capital structure theories has been doubted and many disputes over this new capital structure theory have also come out.

Due to the long-existing valuation difference between Chinese domestic market and overseas market,it is natural that Chinese overseas-listed companies have a strong market timing motivation when attempting to return for dual listing.

Market timing that based on behavioral finance theory give up the Efficient Market Hypothesis and study the capital structure from the investor point of view of non-rational.

It is necessary that we should discuss the research about airport choice in developed countries,so as to serve the similar studying in our country.