核準發行 的英文怎麼說
中文拼音 [hézhǔnfāháng]
核準發行
英文
approved for issue-
Chapter 3 researches the ipos system and modes, bring forward the ipos system ' s change trend and the ipos pricing modes " characteristics, as well as the ipos pricing modes " limitations. so points out the epos approve system ' s problem
第三章比較研究國內外ipo發行體制和ipo發行方式,從而找出ipo發行體制變動趨勢,三種ipo定價方式的特點、適用范圍和現行核準制存在的問題。With the rapid development of the security stock market especially the stock market in chian , issuing stock and circulating on market became the first choice of financing for more and more enterprise at the same time , more and more investors are attracted by the relately high initial return of stock however , the problem of ipos underpricing always exists in the stock market according to the data of more than one thousand chinese stocks , most new issues had great raise in the first trade day , and investors could acquire higher initial return than the average return of the stock market or the same industry we find that initial returns on a - share ipos average reached 132. 24 percent the main body of this paper is made up of six sections : in the first part , we introduced the method of the estimate of pricing decision ; in the second part , we analyzed the method of the pricing decision and issuing system in china , discussed the advantage and weakness of the various issuing methods , and compared the economic efficiency between the examine and approve system and authorization system ; in the third part , we analyzed the reason of ipo ' s underpricing in detail from information economics and other factors and combined with the environment of the chinese stock markets , we analyzed the special characteristics in china and how they effect the ipo ' s underpricing in the fourth part , we analyzed the data of chinese stock market with spss , made a analysis of the administrative pricing decision and market pricing decision , studied the underpricing phenomena of chinese stock market , and analyzed it ' s causes ; in the fifth part , we made a analysis of the examine approve system and authorization system ; and in the last part , we drew some conclusions and put forth some policy advices the follow are the conclusions and policy advices in this dissertation : ( 1 ) from the results of this empirical study , we found that the issuing price - earning ratio and the market situation before ipos are strongly and positively associated with the underpricing of shares , the issuing scale of ipo and the hit rate are strongly and negatively associated with the underpricing ; ( 2 ) we found that after the abolishing of ipo ' s p / e ratio and the using of authorization system , there is no significant difference among the underpricing of shares , but considered with the market entironment , we think that the ipo ' s underpricing has been correspondingly reduced ( 3 ) to reduce difference between the primary market and the second market , we suggested that we shall bring the " over - allotment option ( oao ) " to bear and resume the state - owned share and corporate - owned share to circulate on market as soon possible
本文的主體由六個部分組成:第一部分介紹新股發行定價的估值方法;第二部分對我國的發行定價方式和發行制度進行分析,探討不同發行定價方式的優缺點,以及審批制和核準制經濟效率分析;第三部分從信息經濟學角度和其他因素的角度詳細分析造成新股發行抑價的原因,並結合我國股票市場實際情況,分析了我國市場的特有因素是否及如何影響一級市場的發行抑價程度的;第四部分利用統計分析軟體spss對我國新股行政化和市場化定價進行實證分析,主要包括新股發行行政化和市場化定價方式的實施情況和效果分析、新股發行行政化定價方式的實證分析,以及新股發行行政化和市場化定價方式的比較實證分析;第五部分利用統計分析軟體spss對我國新股發行審批制和核準制進行實證分析;第六部分是本論文的主要結論。本文的主要結論和建議有: ( 1 )從實證分析結果看,我國新股發行抑價與市場環境、發行市盈率呈顯著正向關系,與發行規模、申購中簽率等呈顯著反向關系。 ( 2 )取消發行市盈率限制和實施核準制等市場化改革措施並沒有降低發行抑價的絕對水平,只是由於市場環境的因素,發行抑價的相對水平才有所降低。Scheme plan approved by the then g in c on september 24, 1996 and exhibited on october 4, 1996. revised master layout plan approved with conditions by the ctpur under the delegated authority of the tpb on september 11, 2004
總城市規劃師市區更新於二零零四年九月十一日行使城市規劃委員會授予的權力,在有附帶條件下核準經修訂的總綱發展藍圖。Project agreed by the then g in c on march 11, 1997 as a pilot scheme for testing the linked project concept. revised master layout plan approved with conditions by the ctpur under the delegated authority of the tpb on september 9, 2004
總城市規劃師市區更新於二零零四年九月九日行使城市規劃委員會授予的權力,在有附帶條件下核準經修訂的總綱發展藍圖。Article 175 any unit that issues securities without verification or examination and approval by the statutory authority or that issues securities by forging issuing documents shall be ordered to cease issuance and refund the funds thus raised, together with bank deposit interest for the same period, and shall also be fined not less than 1 percent but not more than 5 percent of the amount of the illegally raised funds
第一百七十五條未經法定的機關核準或者審批,擅自發行證券的,或者製作虛假的發行文件發行證券的,責令停止發行,退還所募資金和加算銀行同期存款利息,並處以非法所募資金金額百分之一以上百分之五以下的罰款。Article 11 public issuance of stocks must, pursuant to the conditions prescribed in the company law, be submitted to the securities supervision and administration institution under the state council for verification and approval
第十一條公開發行股票,必須依照公司法規定的條件,報經國務院證券監督管理機構核準。Article 58 for issuance of stocks according to law verified and approved by the securities supervision and administration institution under the state council, or issuance of corporate bonds according to law approved by the departments authorized by the state council, an announcement shall, pursuant to the provisions of the company law, be made on the prospectus and measures for the raising of corporate bonds
第五十八條經國務院證券監督管理機構核準依法發行股票,或者經國務院授權的部門批準依法發行公司債券,依照公司法的規定,應當公告招股說明書、公司債券募集辦法。Second, in the primary internal stock market the rules of issuing stock publicly changed from limitation the quantity to examination
其次,國內主板市場取消了發行額度,改為核準制,這使得對一些企業的包裝比較困難。Audit customs broker invoices to ensure proper tariff codes and improve quality
審核報關行發票,確保關稅號碼準確無誤,並提高品質Through comparison of securities supervision system, issuing market, trading market, serving market and so on among united kingdom, united states, japan and china, we can find that the following problems in our securities supervision : multi - management and inconsistent policies, incomplete jurisdiction system, irregular self - disciplinary system, incomplete verification system of securities issuing market, high risks brought by single type broker dealers, weak securities supervision, backward supervision concept and poor quality of supervisors
通過將我國與英、美、日等幾個主要國家進行證券監管體系、發行市場、交易市場、服務市場等方面的比較,可以看出,我國在證券監管方面存在證券監管多頭管理、政出多門,證券監管的法律體系不完善,證券市場的自律機制不健全,證券發行市場的核準制不完善,證券商種類單一、風險較高,證券監管乏力,監管理念落後,監管人員素質較低等方面的問題。In this paper, after the theory of video coding analyzed and some video compression standard compared, the development, constitution, application and characteristic of h. 264 video compression technique is focused on. and then the design of h. 264 video capturing and coding system based on adi dsp ( adsp - bf561 ) is illustrated, the hardware constitution and the software realization of the real - time video encoder are introduced particularly, and all kinds of techniques to optimize the h. 264 program according to the hardware configuration and compiling characteristics of adsp - bf561 are discussed especially
本文在分析了視頻編碼的基本原理,並將目前常用的視頻壓縮標準進行了比較的基礎上,重點分析了h . 264視頻壓縮技術的發展、組成、應用及其特點,詳細論述了以adidsp ( adsp - bf561 )為核心的h . 264視頻採集編碼系統的硬體組成和軟體實現,著重闡述了根據adsp - bf561系統的硬體及編譯系統特點,運用各種方法對h . 264編碼程序代碼進行優化的方法,最終實現了基於adiadsp - bf561的h . 264視頻採集編碼。Article 18 the securities supervision and administration institution under the state council or the departments authorized by the state council shall, upon discovery of the decision already made on the approval or examination and approval of securities issuance to be not in conformity with the provisions of laws and administrative regulations, revoke the said decision ; where issuance of securities has not been initiated, the issuance shall be suspended ; where the securities have already been issued, the securities holders may, in accordance with the issuing price with the added calculation of interests for deposit of the corresponding period, ask the issuer for refund
第十八條國務院證券監督管理機構或者國務院授權的部門對已作出的核準或者審批證券發行的決定,發現不符合法律、行政法規規定的,應當予以撤銷;尚未發行證券的,停止發行;已經發行的,證券持有人可以按照發行價並加算銀行同期存款利息,要求發行人返還。Article 18 if the securities regulatory authority under the state council or the department authorized by the state council discovers that a decision it has made to verify or approve upon examination the issuing of securities does not conform to the provisions of laws or administrative regulations, it shall revoke the decision. if the relevant securities have not yet been issued, they shall be kept from being issued ; if they have already been issued, the holders of the securities may require the issuer to refund their money at the issue price plus bank deposit interest for the same period
第十八條國務院證券監督管理機構或者國務院授權的部門對已作出的核準或者審批證券發行的決定,發現不符合法律行政法規規定的,應當予以撤銷尚未發行證券的,停止發行已經發行的,證券持有人可以按照發行價並加算銀行同期存款利息,要求發行人返還。Okay, now we have a working workflow, a way for the message writer to request publication and a view for the editor to approve or reject messages
好了,現在我們有了一個可運行的工作流,一個消息編寫者請求公開發布消息的途徑和一個供編輯來核準或拒絕消息的視圖。2. mr chow was a representative accredited to wing lung securities limited and wing lung futures limited, licensed and approved as a responsible officer to carry on type 1 dealing in securities and type 2 dealing in futures contracts regulated activities
2 .周曾經是隸屬于永隆證券有限公司及永隆期貨有限公司的代表,及曾獲發牌及核準為進行第1類證券交易及第2類期貨合約交易受規管活動的負責人員。4. mr tam is a representative accredited to wing lung securities limited and wing lung futures limited, licensed and approved as a responsible officer to carry on type 1 dealing in securities and type 2 dealing in futures contracts regulated activities respectively
4 .談現時是隸屬于永隆證券有限公司及永隆期貨有限公司的代表,並獲發牌及核準為進行第1類證券交易及第2類期貨合約交易受規管活動的負責人員。By the discussion of the " marketing ration ", the formulating principles of new stock price in the future circulating transitional period, and the conditions of changing " checking system " to " registry system ", it emphasizes the marketing construction of new stock issuing system ; it emphasizes the use of marketing methods in order to improve the supply - demand relations, and balance the excessive speculation ; it emphasizes the importance of market measure in counteracting excessive speculation by effectively improving the supply - demand relation, the importance of regulating and raising the action ability of the market main body, the necessity of governmental funtion transformation and the completion of management structure in listed companies
論文最後探討了研究新股短期價格行為對中國證券市場發展的啟示。通過對當前「市值配售」 、未來全流通過渡中新股發行價的制定原則以及實行「核準制」向「注冊制」轉變的條件的討論,強調新股發行制度改革的市場化建設;強調利用市場化手段,平衡過度投機行為,有效改善供求關系;強調規范和提高各市場主體的行為能力,切實解決政府職能轉換、上市公司治理結構完善等問題。The high control criteria of water vapor quality in secondary circuit of 1000 mw pwr is introduced, and the criteria are compared with those in thermoelectric generating set
介紹了壓水堆核電站1000mw機組二迴路水汽質量的高控制標準,並與火力發電機組的水汽質量控制標準進行了對比。It carries the basic function of finding out the pleading and replying, comprehending the case, knowing the condition well in order to make the civil case fit for opening a court session
它以發現事實、收集證據為核心,履行著「查清雙方當事人的請求和答辯,了解案件事實,熟悉情況,為開庭審理準備案件」的基本職能。This form will replace the existing application forms for minor amendments to approved development proposals and renewal of planning permission extension of time for compliance with planning conditions
這份表格將取代現時就輕微修訂核準發展計劃及規劃許可續期延長履行規劃許可附帶條件的表格分享友人