指明證券 的英文怎麼說
中文拼音 [zhǐmíngzhèngquàn]
指明證券
英文
specified securities-
For the purpose of these conditions, securities shall include but not be limited to the following investments shares in companies incorporated in any jurisdiction ; debenture stock, loan stock, bonds, notes, certificates of deposit, commercial paper or other debt instruments, including government, public agency, municipal and corporate issues ; warrants to subscribe for the above investments ; depositary receipts or other types of instruments relating to the above investments ; unit trusts, mutual funds and similar schemes established in any jurisdiction, options, whether on any investment herein described, on currencies, precious metals or other assets, or an option on an option ; contracts for the purchase or sale at a pre - agreed price and at a future date of any investment herein described or any currency, precious metal or similar asset ; viii contracts for differences or contracts on indices ; investments which are similar or related to any of the foregoing ; and unless otherwise expressly agreed, documents of title or documents evidencing title to investments previously deposited by the customer with the bank in connection with the provision by the bank of custody of investments and provision of securities services
此等條件所指的證券包括但不限於以下投資項目i在任何司法管轄權區注冊成立之公司之股份ii包括由政府公共機構市政府及企業所發行的債權股證貸款股額債券票據存款證商業票據或其他債務票據iii以上投資項目之認購權證iv有關上述投資項目之存款收據或其他種類之票據v在任何司法管轄權區成立之單位信託互惠基金及類似計劃vi上述之任何投資項目貨幣貴金屬或其他資產之期權或期權之期權vii按預先協定價格及在將來日期買賣任何此等投資項目或任何貨幣貴金屬或類似資產之合約viii差價合約或指數合約ix類似或有關上述任何一項之投資項目及x除非已另有明確的協定，客戶先前存放在本行之投資項目之所有權文件或可證明該等項目的所有權的其他文件。So we consider five financial indexes includes stock b / p, e / p, current stock size, current stock stru and financial levge by the international tradition, then descriptive statistical test method and cross section statistical test method proved that b / p and current stock size have marked effect on the securities yield besides coefficient b. in the third chapter, the article fut forward a risk factor model, estimates yield sequences of every risk factor by weight regression, and then estimates each risk factor coefficient of different stock by time sequence regression, at last we can reckon the portfolio risk o2p and yield rp which consists n stocks
結合國際慣例，文章考慮了股票的凈值市價比（ b p ） ，市盈率倒數（ e p ） ，流通規模（ size ） ，流通比例（ stru ）和財務杠桿（ levge ）等五個財務指標，應用描述性統計檢驗和橫截面統計檢驗等多種方法，結果表明，除系數以外，凈值市價比（ b p ）和流通規模（ size ）對證券收益率部有重要的影響。在論文的第三章，提出了一個基於多因素的風險因子模型，並用加權回歸和時間序列回歸等方法估計出了不同證券的各風險因子系數（類似於單指數模型中的系數） ，據此，即可衡量出一個包括n只股票的組合的風險_ p ~ 2和收益率r _ p 。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。“ delivery ” with respect to instruments, documents of title, chattel paper or certificated secunties means voluntary transfer of possession
「移交」涉及文據、產權文件、動產證書或證券證明，指自願轉移對上述文件的佔有。In this article, firstly the background of the textile trade conflicts within sino - us or sino - euro are introduced, thus learn that how to discern and dodge the foreign trade risks, how to choose the appropriate investment projects have already become one of the most important questions for exporting companies on foreign trade affairs well - known as high investment and high risk. so the main text makes a risk analysis qualitatively and quantitatively on a textile - exporting trading company from three angles of statistic 、 game theory and portfolio theory, which is the main content that we studied. firstly, the statistic article adopts data of the transaction closing price of the textile clothing index in shenzhen stock exchange at the end of each quarter as well as several other kinds of data reflecting the macro - economic changes, performs an empirical analysis of these data according to the theory of co - integration test 、 granger cause test and impulse response function of time series in economitric, and learn that the impact to ti is more obvious by the economic index reflecting local commodity price level and economic prosperity degree home and abroad, as well as the impact degree and the time lag degree, and knows the macro - economic risks faced by textile business enterprises ; after that by the game theory angle we analyze exactly the managing risks faced by one textile export corporation named beauty. from the game expansion chart the system arrangement between censor ways by exportation goal countries and exporting strategies by the exporting enterprises has been analyzed. involving the benefit assignment between them both the limited rounds and infinite rounds negotiations of cooperation games have been studied, and then country responsibility and the enterprise managing risks on foreign trade affairs and so on have been analyzed exactly ; in order to realize the investment multiplication in the certain degree to disperse the risk, the
本文首先介紹了中美、中歐紡織品貿易爭端的來龍去脈，由此可知在涉外貿易這種以高投入、高風險著稱的行業里，如何甄別和規避外貿風險、如何選擇合適的投資項目已經成為外貿企業的首要問題。因此，正文分別從統計學、博弈論和投資組合三種角度對涉外紡織品貿易公司風險進行了定性和定量的分析，這也是本文的主要研究內容。首先，統計學篇選取了深圳證券交易所行業分類指數?紡織服裝指數（ ti ）每一季度末的交易收盤價和若干種反映宏觀經濟變化的指標，利用計量經濟學中時間序列的協整檢驗、 granger因果檢驗和脈沖反應函數等理論做實證分析，從而得知反映國內物價水平和國內外經濟景氣程度的經濟指標對紡織板塊上市值的沖擊比較明顯，且可知沖擊程度和時滯度，進而分析出涉外紡織企業所面臨的宏觀經濟風險;接著，從博弈論的角度具體分析一家紡織品出口公司（ beauty ）的外貿活動所面臨的各種經營風險，該篇從博弈擴展圖入手，分析了出口目的國審查方式與本企業出口策略之間的制度安排;並圍繞雙方的利益分配，研究了有限回合和無限回合合作談判博弈，然後具體論述了國家責任和企業涉外經營風險等問題;在一定程度上為了實現投資多元化來分散風險的目的，投資組合篇從經典的markowitz模型著手，在一些特定條件的限制下，給出了一個相應的投資組合模型。Former ssb analyst jack b. grubman, in settlement of the charges against him, 1 which he neither admits nor denies, has agreed to pay 7. 5 million as disgorgement and an additional 7. 5 million in penalties which he may not treat as tax deductible or seek to recover from an insurance carrier or other third party
而其中三家銀行的一些明星分析師和銀行家則被指控本身簽發了欺詐性的研究報告。因此，美林前明星網際網路分析師grubman和henry blodget則雙雙個人被罰，前者罰款1500萬美元，後者罰款4萬美元，並終生禁止從事證券業務。The currently proposed scope of the qualifying transactions includes the typical transactions carried out by offshore funds in hong kong, namely transactions in securities, in futures contracts, in foreign exchange contracts, in the making of a deposit other than by way of a money - lending business, in foreign currencies and in exchange - traded commodities
現時建議的指明交易的范圍涵蓋離岸基金通常在香港進行的交易，即證券期貨合約外匯交易合約外幣在交易所買賣商品及並非以放債業務形式作出存款的交易。The author of thesis probes into the securities fraud and provides a set of measures to regulate the fraudulent act. the thesis is divided five parts with a total of 30000 words. part one : introduction some questions are provided from all kinds of securities fraudulent incidents
認為證券欺詐有廣義與狹義之分，廣義的證券欺詐是指用明知是錯誤的、虛假的、或是粗心大意製作的、或是隱瞞重大事實的各種陳述、許諾和預測，引誘他人同意收購或買賣證券的行為；狹義的證券欺詐僅指欺詐客戶。These measures include : make the system of securities laws to perfect, consummate the institutions of the legal person in the listed companies, base securities regulatory authority to regulate the securities market according to law, maintain order of the securities market and ensure the lawful operation of the same, reinforce continuing disclosure of information and the system of financial and accounting reports, make the listed companies shall immediately submit an ad hoc report on the details of such major event to the securities regulatory authority and to the stock exchanging and the same known to the general public, promote investors consciousness of protecting themselves and consummate the civil litigation mechanism to gain compensation and damages, make use of the press to supervise the stock market and reinforce punishment to the persons who act securities fraud
在這些原則的指導下，本文提出了一套規制證券欺詐的具體法律措施.包括健全證券法律體系，做到證券欺詐的規制有法可依;完善上市公司的法人治理結構，建立完善的證券監管體系，尤其對證券業協會的性質、功能和職責從法律上給予明確界定以確保充分發揮證券行業的自律作用，最大限強化信息披露責任，嚴格會計制度，力求信度地避免證券欺詐行為發生;強化信息披露貢任，產格會計刷度，刀水侶息準確，披露及時;增強廣大中小投資者的自我保護意識，完善賠償訴訟機制;依法賦予新聞媒體輿論監督權，充分發揮新聞媒體監督作用;深入研究證券欺詐者心理規律，加強法律懲治力度The basic way of thinking is as follows : analyzing the foreign capital into a share stock - market theoretically, its results will be used to study the problem ; reviewing the experiences of the foreign capital into a share stock - market in some developing countries or areas and the regulations of qfii in china, their identities and differences will be laid out ; analyzing their coming effects in order to show their great significance ; then studying the problems faced up by us after the foreign capital entry into a share stock - market and the reasons in order to reveal the present situation in the domestic securities market and foreign exchanging management. at last, putting forward the relative counter - measures
本論文是關于境外金融資本入市的研究，研究的基本思路是：對境外金融資本入市進行理論分析，以理論分析的結果作為研究境外金融資本入市的基礎；考察了一些發展中國家或地區允許境外金融資本入市的經驗與我國的qfii制度，並分析其異同之處：分析境外金融資本入市的影響，以說明為什麼要境外金融資本入市；指出境外金融資本入市所面臨的問題及原因，以展示國內證券市場、外匯管理等方面的現狀；最後提出了相應的對策。The empirical research shows that : intraday liquidity increases with the time ; depth index is more valuable than width index ; liquidity is positively correlated with the value of stock price
研究結果表明，中國證券市場日內流動性逐時增加；市場深度指標較之市場寬度指標更有價值；流動性與股價絕對值成正比關系。This part gives discussion and makes statement about the principle of certainty, guarantee right, distinguishment and independence, which are all related to the construction of civil liability in security transaction. the principle of certainty mainly refers that civil liability in security transaction must hare clear definite
確定原則主要是指證券交易民事責任要具有確定性，在民事責任的設定中必須明確規定違法行為、責任主體、歸責原則、損失計算方法、責任形式等。Because return of chinese security market is non - normal distribution, so we use garch - t model which can describe the time - variation of volatility and the high - peaked and heavy - tailed characteristics of return to calculate var value of market index. from empirical results we know that this model is efficient
考慮到中國證券市場收益率序列分佈的非正態性，本文使用了既能描述方差時變性又能反映收益率分佈的尖峰、厚尾特徵的garch - t模型計算市場指數的var值，實證結果表明該模型是有效的。To uphold one of the primary objectives of the sfo of maintaining a level playing field for all securities intermediaries, the guideline sets out clearly that the hkma will remain the front - line supervisor of registered ais, which are required to comply with standards equivalent to those applied by the sfc to licensed securities brokers in relation to their regulated activities
為配合證券及期貨條例其中一個主要目的，即維持讓所有證券業中介人公平競爭的市場環境，指引清楚說明金管局仍然是獲注冊的認可機構的前線監管者，而這些機構必須遵守證監會就持牌證券經紀的受規管活動所實施的同等標準。Specified securities for the purposes of section 15e of the inland revenue ordinance
關于稅務條例第15e條內所述的指明證券571 in hong kong carried out by specified persons such as corporations and authorized financial institutions licensed or registered under the sfo to carry out such transactions
有關的交易須由指明人士包括根據證券及期貨條例獲發牌或獲注冊進行該等交易的法團或認可財務機構進行。In chapter six and chapter seven we study information disclosure about " insider " trade, and concludes that the " insider " trade information disclosure benefits some investors, but harms other investors. in chapter six, we analyze the market manipulation problem which probably happens in " insider " trade, and give the condition that " insider " trade results in market manipulation, and point out that the rule of forbidding " insider " undertaking short - term trade can effectively reduce market manipulation
第六章和第七章是針對「內部人」交易信息披露的研究，表明「內部人」交易信息披露對證券市場有利也有弊。第六章分析了「內部人」交易可能產生的弊端? ?市場操縱問題，給出了「內部人」交易導致市場操縱的條件，指出禁止「內部人」從事短線交易的規則可有效地降低市場操縱。The equation shows that 9 finance index have important relationship with default ratio, they are roe, debt ratio, asset turnover ratio, gross profit ratio, scale of assets, currency ratio ( [ currency + marketable securities ] / current liability ), debt structure ( current liability / total debts ), currency / daily revenues and quality of assets ( accounts receivable / total assets )
回歸方程表明，違約率與以下9個財務指標的組合密切相關：凈資產收益率、資產負債率、總資產周轉率、毛利率、資產規模（資產總額對數） 、現金比率（現金類資產流動負債） 、債務結構（短債總額債務總額） 、日銷現比（現金與有價證券日銷售額） 、資產質量（應收賬款資產總額） 。The designated director must not deal in any securities of the company without first notifying the chairman and receiving a dated written acknowledgement
前述所指定的董事在未通知主席及接獲註明日期的確認書之前，也不得買賣公司的任何證券。As a kind of illegal phenomenon, the insider trading endangers the long - term, healthy, steady development of security market. at present, the countries and regions all over the world have been forbidding the inside trade and taking all sorts of measui ~. with the setting - up and perfection of the security market ofour country, the inside trade violation and criminal offence have already be ~ me a phenomenon that can ’ t be ignored, question about the inside trading activity discussion of carrying on the legal structure becomes the law circles ’ focus progressively. at present, our country issue a senes of laws and regulations successively already, legislate, administration judicial authority take the corresponding mcasul " c to the inside trading activity separately. however, there are lacks of regulations about the civil liabilities of insider trading. obviously, the civil liability for tort is valid methods to protect the interests of vast interests. under this kind of background, thc strengthening of legal research about the inside trade ’ structure of security market of our country has been great, realistic meanings. this thesis is composed offour parts, in which the third and fourth parts arc the core
然而，這並不意味著我們已經找到有效規制證券市場上內幕交易的方法，我國證券市場上內幕交易民事救濟制度的缺位已是理論界和實踐界公認的事實。借鑒其他國家和地區的立法經驗，本文在論證內幕交易法律監管的正當性基礎上，指出證券市場內幕交易的民事責任制度具有不可或缺的性質。通過對證券市場內幕交易結構進行分析，嘗試明確我國內幕交易民事責任的性質及構成要件，並且著重針對內幕交易的民事責任救濟機制的訴訟主體資格、訴訟模式及損害賠償數額研究等三個方面加以論述，以期對我國內幕交易民事責任制度研究、建立和完善有所裨益。分享友人