資本市場票據 的英文怎麼說

中文拼音 [zīběnshìchǎngpiàojù]
資本市場票據 英文
capital market i trument
  • 資 : Ⅰ名詞1 （錢財; 費用） money; wealth; expenses 2 （資質） intelligence; endowment 3 （資格） quali...
  • 本 : i 名詞1 （草木的莖或根）stem or root of plants 2 （事物的根源）foundation; origin; basis 3 （本錢...
  • 市 : 同 「黻」[fú]
  • 場 : 場Ⅰ名詞1 （平坦的空地 多用來翻曬糧食 碾軋穀物） a level open space; threshing ground 2 [方言] （...
  • 票 : 名詞1 （作為憑證的紙片） ticket 2 （選票） ballot 3 （鈔票） bank note; bill 4 （強盜綁架去用做抵...
  • 據 : 據Ⅰ動詞1 （占據） occupy; seize 2 （憑借; 依靠） rely on; depend on Ⅱ介詞（按照; 依據） according...
  • 資本 : 1 （經營工商業的本錢） capital 2 （牟取利益的憑借） what is capitalized on; sth used to one s own...
  • 票據 : 1 （寫有支付金額義務的證件） bill; note; negotiable instrument 2 （出納或貨運憑證） voucher; rece...
  1. Facing with the adjustment blemish of the market and the government, knowledge problem and market growth degree etc, the article analyzes and arguments tmsm, the investment theory of the gapsm and two - mechanism forming reason and specialty of our country, and tries to explain and answer the question of breadth fluctuation, high risk, price decision, proceeds and investment strategy etc in the gapsm. since 80 ages, a series of the important development has all taken place in the world and the economy of our country, and it produced the deep influence on the growth of the security market, and particularly the information revolution, all markets forming one body and the quick development of the derivable security product brought the unprecedented macroscopic opportunity and power to the security market ; but at the same time our security market with the structure absurdity of participators, higher risk, irregular law, closed market, the validity of supervise and no science of market regulation does not accommodate to the macroscopic environment and so our country security market needs a new set of security theory with environment. according to the macroscopic and microcosmic environment, this article defines that our country security market is both a gapsm and the initial stage of the gapsm

    上世紀80年代以來，世界和我國經濟都發生了一系列重大的變化，對證券市場的發展產生了深刻的影響，尤其是信息革命、市場一體化和證券衍生產品的迅速發展，給證券市場的發展帶來了前所未有的宏觀機遇和動力，而同時我國證券市場參與者結構的不合理、較高的風險、不規范的法律、市場的不開放、監管的不完全以及不科學的市場調控等微觀市場環境條件與此宏觀環境並不適應，從而我國證券市場需要一套適應環境變化的股票理論；本文就是以這一宏觀環境和微觀條件為依據，把我國證券市場定義為既是政府主導型證券市場又是市場初期；並對我國證券市場二元制產生的原因、特點及特殊性進行了分析，並通過我國政府調節的實例進行了論證，並對投資理論和投資策略進行了研究，這對控制我國證券市場的高風險以及獲取收益都具有重大意義。
  2. Then, in the light of actual reality in china and the practical cases of stock trading companies and collective - property & hi - tech enterprises which carried out the system of stock options in - pilot, proposals are put forward for the design, execution and assessment of executive stock options plan and phantom stock options plan. finally, on the basis of the analysis of positive and negative effects of incentive stock options system, it is concluded that attention should be paid to the coordination bet ween system guarantee and normalized operation, between incentive and restriction, and to the macroscopic way on how to perfect as soon as possible the capital and human resource market, with a view to offering a premising condition for practicing as soon as early the incentive stock options system

    本課題通過對股票期權的基本理論進行闡述，分析了實施股票期權激勵的理論依據以及股權激勵的本質特點；同時根據國內目前的現狀，結合國內上市公司以及民營高科技企業試行股票期權的實例，對經理股票期權計劃和虛擬股票期權計劃的設計、實施以及考核提出了自己的建議；最後通過分析股票期權激勵的正負效應，得出了在國內具體實施期權激勵時應注意制度保障與規范運作、激勵與約束相互對等以及從宏觀側面上如何盡快完善資本和人力市場，為股票期權激勵機制的早日推行提供前提條件等相關結論。
  3. By using serial correlation test and cross - section test through the data of the share companies that were listed in shanghai stock exchange before 16th oct 1998, the size effects in china stock market was tested in the period from 16th oct 1998 to 26th oct 2001. all the share companies which in total 373 were grouped into 11 according to four different criterions. these four different criterions were total circulating captal stocks, total circulating market value, total capital stocks, total value of a share company. through the correlation test between the abnormal return rate and the size of the group, no size effect was found through the size criterion of the total value and the total circulating value except only one period

    運用序列相關性我國股票市場的小公司效應進行實證檢驗，所採用的樣本是在1998年10月16日以前掛牌上市的373家上市公司從1998年10月16日到2001年10月26日，共150周的交易數據。對公司進行以規模大小分組時，分別採用了流通市值、流通股本、總市值和總股本四種不同的標準進行投資超額收益率規模相關性分析，發現以總市值和流通市值為規模標準的實證結果除個別時期內存在著小公司效應外，其它時期並不存在小公司效應，而以總股本和流通股本為標準的小公司效應最為明顯；另外，小公司效應在統計區間內表現出時段性。
  4. Are china ' s stock markets really weak efficient, how to test the level of csms ' s efficiency, and how to improve the efficiency of csms are the urgent tasks of china ' s financial theory circle. this thesis is founded on these backgrounds above

    而股票市場的有效性直接反映了資本能否根據股票市場形成的價格有效地進行資源再配置，因此，如何客觀地評判中國股票市場的效率水平，怎樣提高中國股票市場的有效性，以促進股票市場資源配置功能的有效發揮是一個亟待解決的重大課題。
  5. In a perfect walrasian market with no taxes or transations " costs, share prices on the ex - dividend day would fall by exactly the value of the dividend that is paid on each share. however, it is well documented that stock prices do not fall by full amount, on average. following elton and gruber ( 1970 ), we use chinese data to examine the effect of dividend taxes on investors " relative valuation of dividends and capital gains

    作為稅收金融效應的研究方法之一，股票除息日股價行為研究與公司的股利政策息息相關，直接關系著公司的股利政策是否能夠達到使得股東稅后收益最大化的目標；我國股票市場目前投機過度，現金股利被統一的課以20的個人所得稅，而資本利得稅尚未開征，這方面的研究也可以為資本利得稅的開征提供一個實證依據。
  6. Since fama ( 1967 ) effective market hypothesis, research on the efficiency of stock market has focused on testing the validity of the information

    就中國資本市場來看，目前股票市場在資本市場上占據了主要的地位，無論從規模還是市場成熟度來講都高於債券市場。
  7. Modelling the issue of government bonds on the well - tried exchange fund bills and notes programme has the additional advantage that there is ready market acceptance, familiar listing arrangements and an established retail investment arrangement

    外匯基金票據及債券計劃行之有效，政府發行債券以其作為藍本可令市場迅速接受，並且已備有市場熟悉的上市安排及既定的零售投資安排。
  8. So this paper tries to solve these problems through the following work : first, we select some index to valuate the close - end funds, including income, stability, risk in falling, stocks selecting ability and tuning ability, based on overseas funds valuation methods and domestic market condition ; second, we analyze the stability of all index and form two styles index, which are f and other bad stability index ; then, we form the valuation system, including two - layers index, which are p and factor score ; last, we use this system to analyze the close - end funds which came into existence before 2000 and get the final comparative result. the main intention of this paper is to create the system of valuating close - end funds in our country, which is comprehensive and objective. in my valuation system involving the period from 2000 to 2003, the funds as a whole performs inferior to the stock index

    首先，對國外理論界經典成型的、以及前沿的基金評價指標和評價方法進行了詳細的分析，並結合我國的基金市場狀況，選取了可以衡量基金收益、穩定性、下跌風險、股票選擇能力、時機選擇能力等量化指標；其次，根據我國基金分析的需要，採用了諸如基金交易價格、換手率等二級市場表現指標；然後，對這些指標進行了時間延續性分析，檢測這些指標在運用到我國基金市場時能否有效預測基金未來表現，從而形成了兩類指標：時間延續性很好的s _ p和時間延續性不好的其它所有指標；再次，在以上工作的基礎上形成了由兩個層面的指標構成的我國證券投資基金評價體系： s _ p和因子分析中綜合因子得分值；最後，選取了我國2000年1月1日前成立的23隻封閉式基金作為樣本，並同時採用上證a股與深成a股兩個基準組合進行了3年樣本期的實證分析，得出了最終的比較性評價結果。
  9. The content of this course are as followings : the concept of the commercial law, features of commercial law, basic principles of commercial, the players in commercial field, behaviors, registration system, trade name, accounting books, the overview of corporate law and corporation, the classification of corporation, the establishement of company, the capital system under compnay law, share and assets, shareholders and their rights, corporate governance, merger and acquisation, overview of bankruptcy law, ? substantive bankruptcy law, procedure ? bankruptcy law, overview of commercial paper law, the classification and the basic rules of commercial paper, overview security law, ? issue and sponsor system, listing and trade system, investment fund system, overview of issurance law, issurance contract, property issurance, life issurance, issurance industry, maritime law, vessel and stewages, transportation contract, leasing vessel contract, incidents and the liability system etc

    課程內容包括，商法的概念、特徵、基本原則、商主體、商行為、商事登記、商號、商事帳簿、公司與公司法概述、公司的分類、公司的設立、公司的資本制度、股份與股票、股東與股權、公司的治理結構、公司的合併與解散、破產法概述、破產程序法、破產實體法、票據法概述、匯票、本票、支票、證券法的基本問題、證券市場主體法律制度、證券發行與承銷法律制度、證券上市及交易法律制度、證券投資基金制度、保險法概述、保險合同、財產保險、人身保險、保險業、海商法概述、船舶和船員、海上運輸合同、船舶租用合同和海上拖航合同、船舶碰撞、海難救助、共同海損、海事賠償責任限制等部分。
  10. The central bank conducts extensive money market operations to minimise the impact of capital inflows, issuing bills to drain liquidity from the system to ensure that it keeps in check the amount of money in the circulation, an important driver of inflation

    中國央行進行廣泛的貨幣市場操作，以將資本流入的影響降到最低，包括發行央行票據，減少系統內的流動資金，從而確保貨幣流通量始終在它控制之下，這些貨幣是通貨膨脹的一個重要驅動力。
  11. In the second chapter, the concept of value multiple is introduced in details and a new valuation model is given at the end of this chapter. an important conclusion is drown through data analysis in american capital market in the chapter three : there is a strong relativity between the value multiple and the stock price. in the next chapter, we analyze those factors that they can weaken the effect of value multiple when we use it to judge the intrinsic value of securities in our country and countermeasures ^ against those factors

    本文第一章主要就證券價值分析的一般原理、常用方法以及存在的問題進行了探討；第二章主要就價值倍數法的理論基礎、計算公式進行闡述和推導，並最終構建了基於價值倍數概念上的估值模型；第三章主要通過美國資本市場的數據對價值倍數與股票價格之間的關系進行了探討，最後得出二者之間為正相關的結論；第四章主要就我國證券市場上影響價值倍數運用的主要因素以及對策進行探討，並通過實例演示證明價值倍數模型在我國證券市場運用的有效性；第五章對整個研究過程進行了總結，並就其中存在的問題提出了改進的思路以及進一步研究的方向。
  12. Following consultation with the hong kong capital markets association, the hong kong monetary authority hkma has made some adjustments to the maturity spectrum of the exchange fund bills and notes so that more longer - term paper will be issued in place of short - dated paper

    香港金融管理局金管局經諮詢香港資本市場公會后，對外匯基金票據及債券的期限作出了若干修訂。根據這些修訂，金管局日後會發行更多較長期的外匯基金債券，並減少短期票據與債券的發行量。
  13. Study suggests the main constraints of management buy - out : it ' s groundless to fix a price, the information published not confirm with regular standard, purchase procedure is not transparent, purchase action is not with market law, and also policy restriction. consequently, the paper put forward solutions to improve management buy - out : 1 ) the policy to evade the inside risk : the main way is to select suitable enterprises to develop management buy - out ; 2 ) to ensure the transparent and the market standard of the purchase procedure : the main point is to guarantee the justification of the purchase price, to strengthen the transparent of the information announcement ; 3 ) to consummate the mechanism of supervise government : which the work should be done in the supervise department of government ; 4 ) to emancipate the mind, decrease the government action in the enterprises purchasing ; 5 ) to care for the latter developing of the mbo, the purpose of mbo is to pursue the biggest profit of the enterprise ; 6 ) to consummate the environment of circulating necessary funds ; 7 ) to solve the funds and taxes problems of mbo, this is a better way to solve the problems of mbo

    一是管理層收購定價方面的法律依據不足：二是信息披露不夠規范，現階段運作或已完成的mbo案例在進行信息披露時尤其是披露其資金來源時多諱莫如深，令投資者對其資金來源皆產生懷疑；三是收購程序不透明，歸根到底也是法律方面的不足，缺乏相關的公正的運作程序和政策保障；四是收購行為非市場化，我國的管理層收購結束之後往往僅僅是相對控股，股票繼續交易，所有者與經營者分離的問題並沒有從根本上得到解決，所有權與經營權相統一的目標沒有達到，這就可能造成大股東也就是內部人侵吞中小股東利益將更為便捷；五是融資渠道潰乏，主要是國家政策和法律的障礙限制了mbo的融資渠道；六是服務市場不夠發達，主要是中介市場缺乏高素質的專業人才，無法滿足客戶進行mbo的需要，從而限制了mbo在中國的運行；七是政策限制，主要對合法的收購主體的限制、收購規模的限制、收購時點的限制以及收購資金來源的限制。
  14. Then, this paper introduce a new method of measuring the risk ? ? cohesive value at risk ( cvar ), which is more logical than the var on optimizing the portfolio according to the characteristic of the stock bargaining market of our country, it constructs a corresponding index of liquidity risk of the stock assert of the open - end fund, and by constructing a optimized model in cvar, the liquidity risk of stock assert of the open - end fund is efficiently controlled

    接著，本文引入了一種全新測量風險的方法cvar方法，並且根據我國交易市場的特點構造了相應的開放式基金股票組合的流動性風險指標，通過構造cvar調整的投資組合風險優化模型有效的控制了股票資產組合的流動性風險。本文的研究表明: （ 1 ）開放式基金股票組合的流動性風險具有明顯的尾部風險。
  15. It aims to serve the banking and finance sector of hong kong through provision of professional services in the money, foreign exchange, notes and capital markets

    公司將積極參與貨幣外匯票據及長期資本市場，為銀行及金融業提供專業服務。
  16. Equipped with a team of experienced foreign exchange experts, cosmos participates in the money, foreign exchange, notes and capital markets, providing professional services to the banking and finance sector

    元太匯聚經驗豐富的外匯交易專才，為銀行及金融業在貨幣外匯票據及長期資本市場提供專業服務。
  17. In combination with the stock market segmentation theory and the financing decision - making theory, it analyzes the advantages and background of cross - border financing through dual listing as to chinese companies. we use the financial data of chinese dual listing companies which issued a share, h share or a share, b share at the same time during the period from 1999 to 2002, analyze the financial characteristics of chinese cross - border financing companies, with the help of statistical method such as binary logistic regression and the descriptive statistics

    本文結合股票市場分割理論和融資決策理論，對我國企業通過吸納國外資本進行跨境融資的背景和優點加以分析;運用1999到2002年我國同時發行a股、 h股或b股和只發行a股的上市公司的財務報表數據，採用二項邏輯回歸等統計推斷方法，結合描述性統計，對我國上市公司中進行跨境融資企業的財務特徵進行分析研究。
  18. There is, for example, a total of 109. 3 billion of exchange fund paper issued to facilitate liquidity management of the banking system and to help the development of the local debt market

    例如，我們合共發行了1 ， 093億元的外匯基金債券及票據，以促進銀行體系的流動資金管理，以及推動本地債務市場發展。
  19. The hkma also supported initiatives by market bodies, such as hong kong capital markets association, in publicising the efbn fixings prices through the media

    金管局亦支持由市場組織倡導的措施，例如香港資本市場公會安排透過傳媒公布外匯基金票據及債券的定價。
  20. So far, the capital market and the money market except for the note market, such as credit market inter banks, national debit market and foreign exchange market, have got rapid development. but the note market is only a disordered start

    到目前為止，我國的資本市場、貨幣市場中除票據市場之外的其它子市場如銀行間同業拆借市場、國債市場和外匯交易市場等都已經獲得了空前的發展，唯獨票據市場還處于起步階段。
分享友人
分享到 Line

分享到臉書