bear the market 中文意思是什麼
bear the market
解釋
拉跌市價, 跌風籠罩下的市場-
The problem is too babyish who wants to be able to answer that is vivid immortal, boast forces, bear the blame specificly the ground says to do a stock to want to see a trend, what you say " ascendant space " only the day knows, the proposal wants to hear the word of the market, follow a trend to go surefooted
問題太幼稚誰要能回答那是活神仙，吹牛逼，具體的負責任地說做股票要看趨勢，你所說的「上升的空間」只有天知道，建議要聽市場的話，跟著趨勢走準沒錯。 -
Many markets are 20 % or more below their highs, the informal definition of a bear market
許多市場下跌20或更多，這是個非正式定義的熊市。 -
Our administration system is taken shape and developed under planned economy, for a long time, the government has taken on no matter, is in charge of the affairs not good either, becomes an omnipotent one - - " it is all - round for government ". it divides into indistinction between the functions of the government and those of enterprises, government affairs. the phenomena where the societies does not divides is the getting more serious, which not merely influenced the relation between party and the masses, made the state finance ca n ' t bear the heavy load, hampered deepening and economy of the reform ' s progress directly, and influenced the setting - up and perfection of the economic system of socialist market seriously
我們的行政管理體系是在計劃經濟下形成和發展的，長期以來，政府包攬了許多管不了，也管不好的事務，成了無所不管、無所不能的「全能政府」 ，政企不分、政事不分、政社不分的現象十分嚴重，不僅影響了黨和群眾的關系，使國家財政不堪重負，而且直接阻礙改革的深入和經濟的發展，嚴重影響著社會主義市場經濟體系的建立和完善。 -
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。 -
The simple story is in the world of the animation is an absolute main factor, a complicated story details turns and twists confusing link for see an animation of the audience is a tremendous burden, the market need that is in present the top interest has already replaced a traditional story to spread chen, at this interest in command age how expressed a plot to become the most important topic with the simple story, very clearly, advertise from the film of the way can feel what kind of the topic just is the need of the consumer, passed by high cost to create greatly of the advertisement mode has already not been reseen this several years, take but the generation is a film to have many interests much play, this be the typical simple story description complicated plot, give examples to say : the movie “ shrike ” is a very typical example, pure of save a princess of plot, continuously of pound at audience by the plot of " be contrary with traditional thinking " of thinking mode, i still remember at that time see that slice through behind appear details of hear the public discussion interest continuously, but hear half personal say this drama of story have much good, in fact such manuscript was the best animation manuscript, letting the audience acquire they want of plot but don ' t be pack with complicated story, this just is the animation dramatize of the tallest state, because of would like to spend money to enter into theater or spend money to purchase dvd consumer, all is want to open happy heart ' s appreciating film bear, have no burden, also be spend money to buy happy, want to remind specially of " the writing animation manuscript not is write to personal satisfy own creations desire but is face all appreciate of crowd "
在動畫的世界里簡單的故事是絕對的要素，一個復雜的故事情節曲折迷離的環節對于看動畫的觀眾是一項極大的負擔，在現今的市場需求上趣味已經取代了傳統的故事鋪陳，在這個趣味掛帥的年代怎麼樣用簡單的故事來表現劇情變成了最重要的課題，很明確地，從影片廣告的方式可以感受到什麼樣的主題才是消費者的需求，過去高成本大製作的廣告模式這幾年已不復見，取而代之的是影片有多趣味多好玩，這就是典型的簡單故事描述復雜的劇情，舉例來說：電影史瑞克就是一個很典型的例子，單純的救公主的劇情，不斷的以「與傳統思維相反」的劇情沖擊著觀眾的思考模式，我還記得當時看完該片后出場不斷的聽到眾人討論趣味的情節，但是卻沒有聽到半個人說這部戲的故事有多棒，其實這樣的劇本就是最好的動畫劇本，讓觀眾獲得他們想要的劇情卻不以復雜的故事包裝，這才是動畫編劇的最高境界，因為願意花錢進到戲院或是花錢購買dvd的消費者，都是想開開心心的觀賞影片沒有負擔、沒有包袱，也就是花錢買開心，特別要提醒的「寫作動畫劇本並不是寫給個人滿足自己的創作慾望而是面對所有欣賞的人群」 。 -
The act of purchasing an " in the money " put option so that the buyer can capitalize on a bear market by effectively shorting a stock without waiting for an uptick
買入價內看跌期權，買方因此可賣空相關股份，從而可以在熊市裡無需等待股價回升而獲利。 -
Nonetheless, this uptick will still be a rally in a bear market, and so the downtrend will probably resume from there, looking for a break of 110. 00 and for support to gel at 108. 50 - 108. 00 area further out
不過，這上升仍然是在熊市方面的回升，下降趨勢或許將恢復從在那裡，尋找一和適合對的支持凝膠在108 . 50 - 108 . 00地區更進一步在外的110 . 00的休息。 -
Bear stearns is one of the biggest u. s. investment firms, and one of the hardest - hit from this year ' s mortgage market deterioration
貝爾史登是美國最大的投資公司之一，也是受今年房屋貸款市場惡化沖擊最大的公司之一。 -
Mr. leland sun was previously a senior managing director of bear stearns asia ltd and an executive director of goldman sachs asia ltd. his experience encompasses mortgage securitization and the fixed income market
孫立勛先生獲委任前，為美國貝爾斯第恩斯公司bear stearns asia ltd的高級董事總經理亦曾在高盛亞洲有限公司goldman sachs asia ltd擔任執行董事一職。 -
Fifthly, it discusses that in the dual issues whether the market timing is more important than the target capital structure or not, which can make supplement for the relationship between capital structure and market timing. sixthly, it emphasizes on the aftereffects of china corporate season equity issues, compares the announcement effects and long - term market performances of sei in bull market and bear market, and surveys the reasons and the mechanism of china corporate sei
在融資決策研究之後，本文針對中國上市公司的權益再融資行為進行事後效果評價，在不同的市場態勢（牛市和熊市）下，對比分析配股和增發兩種權益再融資行為的短期公告效應和中長期市場表現，並刨析再融資行為的事後長期績效的決定因素和作用力。 -
This methods is based on that when there is herding in stock market csad is going to become smaller. the results is when the markets dropping there is herding among investors, when the markets rising, there is no evidence of herding. the results prove my reasoning in section 3. why there is difference between bull and bear markets is due to investors " different attitudes towards loss and gains
通過對個股收益率分散程度指標橫截面絕對偏離度（ cross - sectionalabsolutedeviation ， csad ）和市場收益率之間的關系模型的回歸統計分析，本文發現：在市場行情上升的時候，市場中的羊群行為並不明顯；在市場行情下跌的時候，市場中存在明顯的羊群行為。 -
Mardjon ' s breakfast on sunday was 10 kilograms 22 pounds of camel meat, the cheapest lion food on the market. " i have enough for two days. after that i will have to find more, " said omar. enclosed near mardjon is a collared bear with a bloody snout
今天是星期日， mardjion的早餐是10公斤的駱駝肉，這是市場上最便宜的獅糧了，即使如此，管理員omar說： "我們的食物只夠mardjion再吃兩天了，兩天後我們必須去尋找其它的食物。 -
During lunch hour today, i passed by a wet market in tai po and saw an abandoned bear plush near the rubbish bin, and the bear look cute and poor, so i took pictures for it by my mobile phone
今日下午午飯時，我和同事們向大埔墟方向步行，途中經過大埔墟街市，發現一隻類似小狗的物體瑟縮在垃圾筒旁邊，近看原來是一隻被遺棄的啡熊公仔，給我的感覺是很令人憐憫而造型也很可愛，所以我用手機拍下幾張照片留念。 -
The aim of chinese legality improvement and supervision enhancement is to heighten the illegal private cost, narrow the gap between the private cost and social cost, that is to force the lawbreakers to bear the damages brought by the illegal behaviors and reduce the social net lose. there are two kinds of punishment on the illegal behaviors in chinese security market, the punishment by the sec and the punishment according to law
我國證券市場完善法制建設，加大監管力度的目的就是要通過處罰機制提高違法私人成本，將證券違法的外部成本內在化，縮小違法私人成本與社會成本之間的差距，即將由證券違法行為帶來的損失盡量由違法者個人承擔，減小社會的凈損失。 -
In a relative lower position of the market index or the last period of a " bear ", larger - size ipos can get better return than market portfolio, while in a relative higher position of the market index or the initial period of a " bear ", smaller - size ipos can get better return than market portfolio. small - firm effect is obviously existed for new issues. 4 ) as for the ipos return of every month in a year, the returns of march, april, june are generally get the highest three ranks among all 12 months
實證表明：新股二級市場中長期收益表現顯著好於市場組合，上市后第二和第四年超常收益增加顯著；新股二級市場的中長期收益基本呈現右偏的尖頂峰分佈形態；新股上市后存在短期內反應過度的特點，新股中長期的高超常收益主要由中小型市值的股票貢獻，故我國股市基本屬于資金推動型的市場，並存在中小盤股票的嚴重高估和投機性炒作問題。 -
The market is truth as it reflects all forces that bear upon it
願意的場市市場是真理，它反映出它所承擔的。 -
Through the analysis, the paper reaches the following basic conclusions : the quantity of chaoyang district ' s transient population will increase continuously, residential period will prolong gradually and renting house will still be the major residential way of transient population ; transient population play a positive role in the district ' s socioeconomic development, but on the other side they make city infrastructures more difficult to bear the existent heavy burden, difficulty in city management is increased ; transient labor force mainly undertake the supplementary role of the district labor force, but along with the open of the labor force market step by step and the further improving of the quality of transient labor force, the competition between transient labor force and local labor force tends to be intense ; the current management policy of transient population in beijing exists some problems, which stresses management and makes light of service, stresses duties and makes light of rights and interests, stresses planning and makes light of market, stresses outside and makes light of inside, but the policy is tending to the developing direction that is helpful for transient population to flow
最後總結了本研究的基本結論，並從外來人口管理體制及制度創新、管理措施的改進和維護外來人口權益，健全社會保險體系三方面提出了改革建議。文章通過分析得出以下基本結論：朝陽區外來人口的數量還會繼續增長，居住時間逐漸延長，租住房屋仍然是外來人口最主要的居住方式；外來人口在為本區社會經濟發展起到積極作用的同時，也使城市基礎設施不堪重負，城市管理難度加大；外來勞動力主要承擔著本區勞動力的補充角色，但隨著勞動力市場的逐步開放和外來人口素質的進一步提高，外來勞動力與本地勞動力的競爭趨于激烈；北京市現行的外來人口管理政策存在著重管理而輕服務、重義務而輕權益、重計劃而輕市場、重外部而輕內部的問題，但正趨于有利於外來人口流動的方向發展。 -
In chinese stock market there are a variety of falsification and breach of faith which result in belief crisis. now is the situation that the regulator, the public companies, the financial intermediaries and the investors will have no faith in each other. on june 6th, 2005 the shanghai composite index fell below 1000. during four years bear market investors have losed almost $ 1, 000 billion, and the heavy loss gives us a lesson that the stock market must build on the foundation of credit. the non - tradable shares is a big barrier. now we are sweeping off the barrier and cherish a open, fair and justicial stock market. to make a sound foundation for the stock market the key is to rebuild the credit of the market, including the credit of the regulator, the redit of the public companies, the credit of the financial intermediaries and the cultivation of the credit culture. this paper profoundly analyses the credit environment of the chinese stock market by the use of credit theory, pointing out that the reason accounting for the lack of credit of the chinese stock market is the unclearly established ownership of the property rights. another reason is that the regulator makes his credit destroyed when he is sustaining the public companies. how to improve the credit environment of the chinese stock market
但真正要重建中國證券市場，關鍵還在於重建市場信用，包括政府信用、上市公司信用、中介機構信用、以及由全體投資者參與的信用文化培育。本文在研究信用理論基礎上，深入研究中國證券市場信用現狀，指出中國證券市場信用缺失的根本原因是上市公司產權不明晰、政府為了維護國有控股上市公司的利益使自身信用一再遭到破壞，同時沒有有效的失信懲罰機制。對于如何改善中國證券市場的信用狀況，研究表明:重建證券市場信用，必須首先改革國有資產管理體制，使政府擺脫與上市公司的利益糾葛，從而政府成為中立的裁判者。 -
For the present i shall only remark that so long as the quantity of a natural agent is practically unlimited, it cannot, unless susceptible of artificial monopoly, bear any value in the market, since no one will give anything for what can be obtained gratis
這里我僅僅指出，只要某種自然要素的數量實際上是無限的，則除非能被人壟斷，否則它在市場上就不會有任何價值，因為沒有人會用東西換取可以無償得到的東西。 -
And that ’ s to say, enterprises who commit pollution should be required to bear the costs of restoring environmental resources, which will increase their costs, internalize their external costs and in the end drive them to practice environmental protection. however, there is no market price for natural resources, and the quantification of damage is extremely difficult
所以，必須貫徹污染者負擔原則，要求破壞環境資源的企業承擔治理、恢復環境資源的費用，從而增加其生產的成本，使得企業的外部費用內部化，使企業自身具有預防自然環境資源損害的動力。盡管我們認識到這一點，但是，對于沒有市場價格的自然環境資源來說，計算其損害數額的是個難題。
分享友人