new issues 中文意思是什麼
new issues
解釋
（紙幣、證券等的）新發行-
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。 -
It first introduces the construction of the coast in the ming and ting periods, and the new issues of the coastal construction since the founding of new china and especially reform and opening up to the outside world of thirty years ago
論文主要介紹了明、清時期，中國沿海地緣的建設情況，以及新中國成立后，特別是改革開放近30年來中國沿海海防的建設和面臨的新態勢。第二部分:中國沿海地緣的戰略地位分析。 -
This essay includes five chapters. chapter 1 discusses on why to start the reforms and illustrates the importance of the study on reforms of small - sized state enterprises. chapter 2 is the compiled case with a thorough discription of the two rounds of reforms of the company. chapter 3 and 4 give us respective analyses on the reforms described in chapter 2, focusing on researches on property right defmition, employee stock ownership plans. quantification of human capital, withdrawal of state property and employee identity transform, etc. and the last chapter summarizes the successful experiences from the company ' s reforms and put forward new issues about state enterprises which oll for further researches
論文共分五部分，第一部分論述為什麼要進行國有企業改革以及研究小型國有企業改革的意義；第二部分為案例，對廣漢市糧油機械有限公司的兩次改革實踐作全面描述；第三、四兩部分為案例分析，分別對案例描述的兩次改革進行分析，主要研究產權界定，內部職工持股，勞動產權量化，國有資產退出，職工身份的置換等問題；最後一部分從廣漢市糧油機械有限公司的兩次改革實踐中總結成功的經驗，並提出企業改革后需要進一步研究的問題。 -
Some new issues after the active financal policies were implemented were the key fators, the paper point ed. the summary of some famous debt theories on chapter 3 was arranged as the process of the debate of ricardian equivalence theorem, capital performance of national debt policy, risident consume effect of national debt policy and the performance researches of national debt in china
第3章對通貨緊縮時期擴一張性國債政策理論及其演進分析，主要從對李嘉圖等價定理的爭論、國債資產效應、國債居民消費效應、國內對國債經濟效應的研究等幾個方面回顧了國債經濟效應理論的研究歷程。 -
An agreement was about to be reached when the other side raised new issues.
快要達成協議的時候，對方又節外生枝。 -
Holders of the voided postage stamps may exchange them for valid new issues at chunghwa post within six months after the rescission
持有前項廢止之郵票者，自廢止之日起六個月內，得向中華郵政公司換取新票。 -
New issues on electronic commerce in wto
電子商務新議題面臨的問題 -
The introduction of " strategic investors " does not completely sovle this problem, but simply delays the time to sell the new issues
「戰略投資者」的引入也並未從根本上解決這一問題，而僅僅起到了推遲一部分股票拋售時間的作用。 -
The article finds that while new issues of hong kong dollar debt securities declined overall during the year, new corporate debt issuance surged, reflecting strong demand for high - quality corporate paper
雖然新發行的港元債務證券數量減少，但全年來說，新發行的公司債券數量激增，反映市場對優質公司債券需求殷切。 -
The changes of such an institution are confronting a series of new issues : the efficiency of the changes of housing guarantee system, the levels of the institutional arrangements, the externalities during the changes, the contradiction between the individual and the collective rationality and so on
對于這樣一項制度的變遷，面臨一系列的新課題：住房擔保制度變遷的效率，制度安排的層次，變遷過程中的外部性問題，個人理性與集體理性的矛盾問題等等。 -
The evolution and development of the mobile network bring new issues to the network optimization. and it makes network optimization involve more complex techniques and multiple fields. for all of the above reasons, it is necessary to develop a platform to analyse pilot data, geographic information system ( gis ) data and operation & maintenance center ( omc ) data synthetically
移動網路的演進和發展為網路優化不斷帶來新的課題，使網路優化的工作難度更大，涉及到更多的領域，因此實現一種能夠將路測數據、 gis （ geographicinformationsystem地理信息系統）數據和omc （ operationandmaintenancecenter操作維護中心）數據進行綜合分析的平臺，是網路優化技術發展的方向。 -
New issues in rural family planning work and the m easures
農村計劃生育工作新問題及對策 -
No new issues of paper other than exchange fund paper will be accepted at the discount window
貼現窗將不會接受外匯基金債券票據以外的新發行債券。 -
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。 -
New issues of hong kong dollar debt instruments, other than
以外的新發行港元債務工具 -
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。 -
Studies in britain suggest that over time buy - outs add jobs rather than cutting them, and, in america, that buy - outs that rejoin the stockmarket perform better than other new issues
研究表明，在英國，一段時間以來，收購行動增加而非削減了就業崗位；而在美國，重新掛牌上市的收購公司比其它新發行的股票表現更佳。 -
Over half of the new issues of us treasury securities are now taken up by asian economies
現時美國新發行的國庫券中，有超過半數都是由亞洲經濟體系購得。 -
Apart from panels and exhibits on these subjects - and an enormous timeline focusing on hong kong s monetary and banking history - the exhibition area also contains a section on topical subjects : currently, the topics include deposit protection and e - banking, but topics will change every few months to take into account new issues of concern and new initiatives
除了這些課題的展板及實物，以及展覽館墻身所展出的香港貨幣及銀行發展歷史長廊巨幅外，展覽館亦設有專題展出的部分。現時的專題包括存款保障及電子銀行業，專題內容會每隔幾個月更換一次，以介紹公眾當前最關注的課題及金管局新推出的計劃。 -
The work of the hkma has increased in volume and complexity over the past few years, as new responsibilities and new issues have emerged. despite this, our staff establishment has remained stable, and our staff strength actually declined in 2004
隨新職責及新事項的出現，過去幾年金管局工作的數量及復雜程度均告增加。盡管如此， 2004年的人手編制維持穩定，職員人數其實更不增反減。
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