capital market 中文意思是什麼
capital market
解釋
壟斷市場-
Demand of social security and annuity on capital market
企業年金的資本市場需求分析 -
But compared with the bloomy commodity market, the capital market of china has big trouble in managing social resource efficiently, especially the securities market. it results in the risk concentration on the bank system which was on the key points of reform and impacts the social construction
嚴重限制了其社會直接融資和配置資源功能的發揮，造成社會大量資源形成儲蓄和游資，一方面將風險積聚于正處于改革攻堅階段的銀行系統，另一方面對社會建設和產業發展形成較大沖擊。 -
To achieve this purpose, we must focus on four aspects : to deal with the relationship between denotative development and connotative development in insurance properly ; to attach more importance to develop capital market so as to actualize diversified insurance investment ; to tail after the bank - insurance tide of world insurance ; to train a lot of all - round professionals in time
實現我國保險市場金融工具的有效創新與配置，必須從4個方面努力：處理好外延式發展與內涵式發展的關系；重視發展資本市場，實現保險投資的多元化；跟蹤世界保險業銀保業務融通的趨勢，適時出擊；加緊培養一批綜合性的專業人才。 -
In this paper, we design a kind of multi - discursion model based on episodic memory, construct the trading agent living in the flow of trade data stream in high - dimension capital market to research the market activeness inside
摘要設計一種基於場景記憶的多層推理模型，構造生活在高維資本市場內部交易數據流中的感知交易主體，從市場的內部研究市場的交易行為。 -
Takeover offer for listed companies is the universal way to take over listed companies in modern company ' s system. in the process of taking over the listing company, minor shareholders are always in the inferior status. protection of minor shareholders " rights is an important value objective of system of takeover. how to standardize takeover offer for listed companies for protecting of minor shareholders benefit is the problem that legislation will solve and that should also be paid attention to on judicial practice. relatively typical type of takeover by offer appeared in capital market, the protection of minor shareholders ’ interests in the target company has become the purpose of legislation and added some protected measure of minor shareholders ’ interests, but the expected goal has not been achieved completely. so it is necessary to establish a perfect system to protest minor shareholders ’ interests in the target company. so we should learn more from precedent experience of legislation and perfect the relative laws and regulations on tender offer, strengthen the protection to minor shareholders, equipoise the rights and obligation of all interested parties in tender offer
中小股東合法利益的保護是要約收購制度的重要價值目標。如何規范上市公司要約收購，保護目標公司全體股東特別是中小股東的利益，既是立法要解決的問題也是司法實務中應當關注的問題。我國的資本市場上出現了較典型的要約收購方式，立法也以目標公司中小股東利益的保護為主要價值取向，創設了一些中小股東利益的保護措施，但從其運作效果來看，在要約收購中目標公司中小股東的利益仍未得到有效的保護。 -
With china entering wto, domestic capital market will be exoteric and joint with international capital market
隨著我國加入wto ，國內資本市場必將加大對外開放力度，逐步與國際資本市場接軌。 -
In recent years, a series of accounting falsifications continuously occurred in capital market
近年來，資本市場接連出現一系列會計造假事件。 -
As a new financing instrument, since convertible bond came to the capital market of china, becase of its speclation and investment, it was accepted by government and companies and investors convertible bond may play an important role in broadening enterprises ' financing channels, enrich the variety of investing instruments and make our security market prosperous. csrc has issued the interrelated rules for public firms issue the convertible bonds. until the end of 2001, it has 55 firms plan to issue the the convertible bonds. but by end of 2002 only 5 firms issued the convertible bonds because of investor ' worry. but in 2003, the management strengthens the security market such as some public firms just to " fold money ", the convertible bonds become the most invest tools for the public firms refinance. only if the behavior of issuing convertible bonds is normalized our security market can tend towards a mature way, social capital can be optimized, and the public firms can also develop in an ample area. this paper base on the character of the convertible bonds
國務院證券委員會在1997年3月25日頒發了《可轉換公司債券暫行管理辦法》 ，又於2001年4月26日頒發了《上市公司發行可轉換公司債券實施辦法》關于可轉換債券的規定和條例，對上市公司發行可轉換公司債券的要求條件比配股、增發更為寬松，截止到2001年4月，有200多家上市公司夠發行可轉換債券資格，到2001年底有55家公司計劃發行可轉換債券，但受到一些上市公司通過配股、增發等「圈錢」的影響，投資者對上市公司通過發行可轉換債券再融資是不得不持審慎態度， 2002年全年僅5家公司實施了可轉換債券，共籌集資金41 . 5億元人民幣，從總體發行情況看，發行規模越來越小，利率越來越高，投資者認可程度越來越低，發行和交易狀況每況愈下。 -
Recently ( on june 2, 2005 ) the negotiable securities surveillance management committee presidents still the forint proposed the negotiable securities surveillance management committee must adopt five measures impetuses capital market reform which includes further consummated of the withdraw law system of listed company in the world stock market forum speech
最近（ 2005年6月2日）證監會主席尚福林在世界證券交易所論壇的講話中提出證監會要採取五項措施推動資本市場改革，其中就包括了進一步完善上市公司退市機制。 -
The second part, have carried on the analysis of real example to the international competitiveness of the steel branch of industry of our country : of our country steel and iron industry basic competitiveness analyse mainly from " key element supply with " whether strength launch, including three respects of manpower, financial resources, material resources, are shown as high - level talent ' s shortage on the quantity of the manpower resources, it is unreasonable that the structure is shown as, personnel ' s whole quality is not high ; the resource respect of financial resources, shown as the capital market hypoplasia, industry ' s financing channel is relatively narrow, studies and uses incompletely about the modem investment and financing management method, the system defect of financing and deterioration of the environment for financing cause profit ability to be low
第二部分，對我國鋼鐵行業的國際競爭力進行了實證分析：我國鋼鐵工業基礎競爭力分析主要從「要素供給」實力方面展開，包括人力、財力、物力資源三個方面，在人力資源的數量上表現為高層次人才短缺，結構上表現為不合理，人員整體素質不高；財力資源方面，表現為資本市場發育不全，產業融資渠道較窄，對現代投融資管理辦法研究和使用不夠，融資體制缺陷和融資環境惡化導致盈利能力低下。物力資源主要表現為礦產資源相對不足，水資源短缺，對交通運輸構成壓力等。 -
In order to overcome the incertitude and reduce the transaction costs, the enterprise ' s rational selection should be to solve the financial problem by the establishment of internal capital market ( icm )
為了克服不確定性和降低交易成本，通過建立內部資本市場來解決資金籌集問題成為企業的理性選擇。 -
Government ' s monopoly of capital market also leaded to the " shell " value of listed company which is irrelative to the company ' s invest value, which made the higher general price in the market. in addition to, the structure of investors which is consisting of many individual investors and few institution investors lets it easy to manipulate the stock market for the institution investors. according to the origins of the systematic risk, it is necessary to improve the market mechanism and market efficiency to eliminate the system root of the risk to decrease the risks
突出地表現在：資本市場服務于國企轉制，造成上市公司股權結構存在缺陷，致使公司治理失效，上市公司缺乏持續發展的能力，公司經營風險轉化為市場的系統性風險；政府對資本市場準入的行政性壟斷，形成上市公司「殼」價值，虛高股票市場價格，引發系統性風險；金融市場分割，特別是貨幣市場資金缺乏進入資本市場的正常渠道，利率市場化水平低，影響金融資產定價，導致違規融資盛行，加大了市場風險；而由於市場監管不到位，以散戶為主的投資主體結構，則易導致機構大戶利用內幕信息操縱股價，機構投資者的發展不僅沒有成為穩定市場的力量，反而成為操縱市場的主力，加劇了市場波動。 -
Venture capital is a new way of investment and finance, whose development and maturity can not lack the support of capital market. the capital market in china plays a critical role in the start of domestic venture capital. different from nasdaq in usa, the capital market in china will assume the dual mission as the source and exit of venture capital at the same time. public company in the key board market can apply stock capital to venture capital by director or indirect means ; the second board market in construction will invest flow capital and lower the admission threshold of high - tech enterprise, thus supporting the development of venture capital
風險投資是一種新的投融資方式，它的發展與成熟離不開資本市場的支撐中國的資本市場在啟動國內風險業中發揮著先導作用，與美國的nasdaq市場不同，中國的資本市場將同時承擔起充分風險投資源頭和出口的雙重使命：主板市場中的上市公司可以通過直接或間接的方式將存量資本運用於風險投資，二板市場正在抓緊制訂之中，將通過投入增量資本，降低高科技企業的上市門檻支持風險投資的發展。 -
Financial structure selection according to financial distress : on the base of trade - off theory, the article studies the relation between financial distress and financial structure - - - - discussing how to make a reasonable financial structure to prevent a financial distress. finally on the base of gregoradrade. s latent period criterion, demonstrate the article. s result jointly the real data in the chinese capital market
在財務危機與融資結構選擇的研究中：在權衡理論的基礎上研究了財務危機與企業融資結構之間的關系? ?分析了企業如何確定合理的融資結構，以預防財務危機的發生，最後以gregoradrade的潛伏期判據為基礎，並結合中國資本市場的實際數據對上述研究結果進行了實證分析。 -
But in the capital market, lbo, mbo, and go public through buying a shell have already become the main method of china ' s corporation merger, property right reform, and strengthening corporation ' s core competitiveness strength
而在國內資本市場上，杠桿收購（ lbo ） 、管理者收購（ mbo ）以及買殼上市等，已成為中國企業進行產權改革、增強核心競爭力的重要手段。 -
Capital market consists of stock market, corporate bond market and long and middle term credit market
資本市場包括股票市場、企業債券市場和銀行中長期信貸市場。 -
The capital market in china has offered much to the foundation of mordent enterprise system and corporate governance. but it restricts the company ' s administration
中國資本市場對建立現代企業制度，建立法人治理結構作出了貢獻，但資本市場對公司治理的作用是有限的。 -
The fractal and chaos theory are effective tools to study nonlinear system, quantifying the indeterminate nonlinear system, using aboard in the nature study, last years, many scholars study the capital market by that method, conquer the emh and the capital market theory ' s localization, inaugurate the new phase of the capi tal market study
分形和混沌理論作為研究非線性系統的有效工具，可以把不確定的非線性系統數量化，在自然界的研究中已經得到了廣泛的應用，近年來，許多理論工作者用該方法用研究資本市場，克服了原來研究線性系統的emh和資本市場理論的局限性，開創了資本市場研究的新局面。 -
( 2 ) the disadvantages of shareholder structure problem. from facts, we could see shareholder structure problems have bad influence on china ’ s securities market in eight aspects, which have seriously damaged matching mechanism between risks and profits in china ’ s capital market, causing inequality between negotiable shareholders and nonnegotiable shareholders. ( 3 ) the history of solving shareholder structure problem in china ’ s securities market
從現實來看，股權分置為中國資本市場帶來了八大危害，從而嚴重損害了中國資本市場風險與收益之間的匹配機制，客觀上使流通股股東與非流通股股東處在不平等的狀態; （ 3 ）中國證券市場解決股權分置問題的歷程。 -
Using the net assets per capital, the investment return rate, the t - m model, the h - m model, the single factor evaluating model which consists of the treynor index, the jensen index, the sharpe index and the square m index, we evaluate the performance of the twelve mutual funds. and we come to the following conclusions : ( 1 ) after the modification of the risk factor, our mutual funds in the recent one year outguess the market ; ( 2 ) better performance comes from the aid of the government, the improvement of the investment environment and the hard, smart work of the managers especially in the way of selecting some securities in the capital market. ( 3 ) though we make progress, there are still many problems which prevent the further development of our mutual funds such as the devise of the management fee and the characteristics of different funds, all of them divided into the subjective ones and the objective ones
通過使用投資基金單位凈資產和投資收益率指標、單因素整體績效評估模型，包括treynor指數、 jensen指數、 sharpe指數和業績的m ~ 2測度以及t - m 、 h - m模型對12隻樣本基金進行實證研究，實證研究表明： （ 1 ）經過風險調整后，在最近的一年中，我國證券投資基金的業績總體上優於市場基準組合； （ 2 ）基金業績的提高得益於管理層的重視、投資環境的改善和基金經理的經營，而基金經理的良好業績是通過一定的證券選擇來獲得的； （ 3 ）已成為證券市場上舉足輕重力量的基金在發展過程中雖然取得了一定的成績但其進一步發展還面臨著許多問題，有主觀存在的諸如管理費率的設定、基金風格方面的問題等等，也有客觀存在的諸如證券市場現階段的不完善等等，所以，我們應該抓住《證券投資基金法》問世帶給基金業發展的契機，大力促進證券投資基金規范發展，採取各種措施做大、做優和做強基金業。
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