new issues market 中文意思是什麼
new issues market
解釋
（英國） 新證券發行市場-
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。 -
China ' s securities market is also a new and developing market, it is now existed the following problems, powerful speculative transaction, inside transaction, false packing, national stock listing circulation and market supervision and management & securities market laws and regulations, so it remains to be perfected, it is an important issues faced for china ' s securities how to specify and develop china ' s securities market, especially, after china joins in wto successfully, the door of china ' s securities market has been opened, accession foreign - funded securities company can be expected soon, stockjobber ' s operation in china will be directly threatened, undoubtedly, this is an enormous challenge for china ' s securities market
我國證券市場還是一個新興市場，存在市場投機性強、內幕交易、虛假包裝、國有股上市流通以及市場監管、證券市場法規有待完善等等問題，如何規范和發展我國證券市場是我國證券業面臨的重大課題。尤其是我國成功加入wto后，中國證券業的大門已經打開，外資證券公司的進入指日可待，我國券商的經營將直接受到威脅，這無疑是對中國證券業的巨大挑戰。 -
China holds that, the new round of negotiations should reflect interests and requirements of the developed countries as well as those of the developing countries ; the developed nations should earnestly implement their obligations committed in the uruguay round agreement and improve the environment of market access for developing countries ; the formulation of new trade rules should have the equal participation of developing countries and their economic development objectives and corresponding market opening model should be taken into careful consideration, the new round of multilateral trade negotiations should concentrate on the issues directly related to trade
中國主張，在新一輪談判中既要反映發達國家的利益和要求，也要反映發展中國家的利益和要求；發達國家應切實履行烏拉圭回合協議中承諾的義務，改進發展中國家的市場準入環境；制定新的貿易規則必須有發展中國家的平等充分參與，認真考慮發展中國家的經濟發展目標及漸進的市場開放模式；新一輪多邊貿易談判應集中討論與貿易直接有關的問題。 -
New product evaluation is a dynamic process and includes concept filtration, choosing the best product design, and evaluating the market sale results. this paper researches the new product evaluation management issues, which include new product evaluation plan, organization and control. it states the difficulties of new product evaluation and the research method which combines quantitative analysis with qualitative analysis
新產品評價研究的主要內容是新產品開發過程中的新產品的構思篩選、性能選優、試銷結果評價，本文研究了新產品評價的計劃、組織和控制等管理問題，指出新產品評價所面臨的困難，提出以定性與定量結合為主的研究方法。 -
Besides new share issues, funds were also raised in the secondary market with a total amount of $ 331 billion
除發行新股的資金外，在第二市場籌集的資金達3 ， 310億元。 -
In this part, ten factors, or concrete problems are explained. they are science and technology, global extension of market economy, transnational corporation, international organization, non - governmental organization, global issues, international intervention and the action of maintaining world peace, the western - oriented cultural hegemony, the wave of nationalism and the new social movements
在這部分中，具體分析了科學技術、市場經濟的全球擴展、跨國公司、國際組織、非政府組織、全球性問題、國際干預和維和行動、西方中心主義的文化霸權、民族主義浪潮以及新社會運動這十種因素或具體問題對國家主權的侵蝕。 -
As a result of the innovation subject, the main work and contribution of this dissertation are concentrated in the following issues : 1. the definition of rcms was suggested. that is, a rcms is one designed at the outset for rapid and cost - effective reconfiguration, being system level - oriented and production resource level - oriented, in order to provide rapidly and exactly production capacity needed in response to new market demands and functionality needed to produce a new part of the same part family
本文提出可重構製造系統的定義，即可重構製造系統（ rcms ）是為了快速而準確地提供響應新的市場需求所需的生產能力和生產同一零件族內的新零件所需的製造功能，從一開始就設計成可面向系統級和生產資源級快速而又以有競爭力的成本重構的製造系統。 -
Owing to the inadequacy of the research on third country nationals expatriate issues & the growing importance of this topic caused by the raising of the new emerging market especially mainl & china, we conducted an extensive comparative case study research
摘要針對第三國外派人員的相關研究在? ?研究上的稀缺以及因應新興市場興起后此議題的相對重要性提升，本研究以比較個案分析方式進?研究。 -
In the more complicated cases of the debt and equity markets, where the investors actually take on the risk of the fund raisers, the roles of the financial intermediaries include the creation of the financial instruments in the primary markets the stock exchange and the underwriters of new share issues and the brokering of transactions in these instruments in the secondary markets the brokers and the market makers
至於在較復雜的債市及股市，投資者直接承受集資者的風險，金融中介人的角色則包括在第一市場創造金融工具即作為證券交易所及新股上市的包銷商，以及在第二市場促成這些工具的交易即作為經紀及市場莊家。 -
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。 -
Six new issues well supported and mainly trading well in secondary market
六隻新發行債券在二級市場受到強而有力支持，多數交投暢旺。 -
By applying the ethics research method to the two frequently encountered issues in hr management - dismissal of employees in breach of contract and constitution of new employee ' s physical checkup standard, this paper points out the ethics problems existed and their modes. citing the moral standards such as integrative social contracts theory, telelogical and deontological, this paper makes an ethics judgement and therefore draws out the two ethics relationships : one is the ethical relationship between the enterprise and the employees ( via establishing enterprise ethics, the ethical level of enterprise conducts and the employees " capability can be greatly enhanced and eventually translated into employees " enthusiasm for work, consequently the employees may bring their all potentialities into full play to achieve overall development of both the individuals and the enterprise. ) ; the other is the ethical relationship between the enterprise and society ( being one of the principal parts of social entities, the enterprise should serve and reward the society while pursueing the proprietor ' s profits, and sustain a relationship which is suitable for market and civilization societies " spirit and rules. )
本文通過對人力資源管理中經常遇到的兩個問題? ?辭退違紀員工、制定新員工入職體檢標準，採用倫理學的研究方法，指出其中的倫理問題及其類型；運用綜合社會契約論、目的論、義務論等道德標準進行了倫理判斷，在此基礎上，引申出企業與雇員的倫理關系（即通過企業的倫理建設提高企業行為的倫理水平，以及全面提升員工素質，內化為員工的工作熱情，從而充分發揮員工潛能，實現個人的全面發展和企業的全面進步）和企業與社會的倫理關系（企業是社會存在主體之一，在追求所有者利益的同時，也應服務社會、回報社會，與社會保持適宜於市場社會、文明社會精神和準則的關系） ；同時，運用倫理決策過程模型分析了產生倫理問題的原因；最後，提出了一個分兩步走的倫理解決方案：第一步以守法為導向的企業倫理建設，這是倫理建設的底線；第二步是在此之上採取多種辦法構建倫理建設體系。 -
Food safety, consumers, market structure and policy issues on food with new traits - a multi - country comparison. wuyang hu
食品安全，消費者，市場結構與新食品政策問題-多國間的比較 -
The content of operation plan : the market relevent issues, expected turnover, fiancial and cost plan, company establishment plan, objective cost, growth prediction, humanresources development plan, r & d plan of new products, quality objective, key internal quality characteristic ability target, customer and employee ' s satisfaction plan, healthy and safe environment issues
經營計劃的內容包括：與市場有關的問題，預期銷售額、財務與成本計劃、公司設施計劃、目標成本、增長預測、人力資源開發計劃、新產品開發計劃、質量目標、關鍵內部質量特性能力指標、顧客和員工滿意計劃、健康安全環境問題等。 -
This is why hongkong post has to handle a daily traffic of over 3. 5 million items, which can only mean that physical delivery still has an important role to play. as some of you may know, hongkong post issues new definitive stamps to meet market needs from time to time. the design and security features improve exponentially with every release as we strive to get all the details right and perfect
不知大家有否留意，香港郵政每隔一段時間都會因應市場的需要推出新的通用郵票；而每一次，我們除了在票面設計方面力求創新之外，更會加強郵票的防偽工作，務求每一個細節都做到盡善盡美，貫徹香港郵政銳意創新，精益求精的部門精神。 -
In the face of such a new market environment, the following items shall be the issues which need urgent solutions for mud logging industry : reforming industry system of mud logging ; adjusting production capacity ; optimizing the organization ; determining managing thought and developing strategies
面對新的市場環境，改革錄井行業體制、調整生產規模、優化機構、確定經營思路和發展戰略，是錄井行業迫切需要解決的問題。 -
This paper analyses the major features, functions and market influence of m - commerce and c2c e - commerce, and brings forward a new model of c2c based on m - commerce platform according to both domestic and overseas development and practical application of m - commerce. it further clarifies the technological structure, technical process and other related issues of mobile e - commerce. as a result, it shows that the development of mobile c2c is not only urgently needed, but also is technically feasible and operative
本文通過對移動商務的主要特點、功能與市場影響進行了分析，並結合國內外移動商務及c2c電子商務的發展與應用現狀，提出了一種基於移動商務平臺的c2c業務模式，同時對這樣一種移動c2c商務模式的業務流程、技術結構以及相關問題做了詳盡的闡述與分析，並通過對市場調研工作所獲得的數據分析，有力地說明了該商務模式的發展必然性、技術可行性、結構合理性以及其具有的巨大商業價值與社會價值。 -
Conversely, an " inflow of funds " into the stock market may lead to an appreciation of the value of the existing stocks, although new issues may also absorb all or part of the inflow
相反，資金流入股市會令股票升值，雖然新發行股份亦會吸納所有或部分這些流入的資金。 -
Mr. yiu is the head of debt capital markets, north asia at standard chartered bank hong kong limited. his team s responsibilities include the origination and execution of fixed income new issues in north asia with a special focus on the hong kong dollar bond market
王憲章先生所率領的中國人壽於2002年領先國內同業、率先進入世界500強， 2003年在港美兩地成功上市，成為國內第一家港美兩地上市的金融企業，創造了h股歷史上最大的融資規模，是2003年世界最大ipo專案。 -
Mr. yiu is the head of debt capital markets, north asia at standard chartered bank ( hong kong ) limited. his team s responsibilities include the origination and execution of fixed income new issues in north asia with a special focus on the hong kong dollar bond market
王憲章先生所率領的中國人壽於2002年領先國內同業、率先進入世界500強， 2003年在港美兩地成功上市，成為國內第一家港美兩地上市的金融企業，創造了h股歷史上最大的融資規模，是2003年世界最大ipo專案。
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