票面規模 的英文怎麼說

中文拼音 [piàomiànguī]
票面規模 英文
notional size
  • : 名詞1 (作為憑證的紙片) ticket 2 (選票) ballot 3 (鈔票) bank note; bill 4 (強盜綁架去用做抵...
  • : Ⅰ名詞1 (頭的前部; 臉) face 2 (物體的表面) surface; top 3 (外露的一層或正面) outside; the ri...
  • : Ⅰ名詞1 (畫圓形的工具) instrument for drawing circles 2 (規則; 成例) rule; regulation 3 [機械...
  • : 模名詞1. (模子) mould; pattern; matrix 2. (姓氏) a surname
  • 票面 : face value; nominal value; par value
  • 規模 : scale; scope; dimensions
  1. The result of this paper were : 1 ) the market mircrostructure of chinese stock is ' nt market maker, two - part stock can n ' t circulate and the scale of current stock is small, so, filling right effect make dividend event do n ' t diluate the price, the stock price could n ' t reach optimal price ; 2 ) the meanings of bid - ask speed in chinese has been changed, did n ' t reflect the real trade cost, only reflect the possible trade cost, contained desire of price popple, din n ' t belong absolute liquidity again ; 3 ) turnover rate is a liquidity ' s index, speculation ' s index too, which can explain one side of liquidity, but this index is defective in chinese stock market ; 4 ) martin index was decrescent when dividend event occurred, display the liquidity of stock was improved, so, the martin index is compatible index to measure chinese stock liquidity ; 5 ) stock dividend event affect the liquidity in the stock dividend day, stock dividend event can n ' t dividend event in the bulletin day ; 6 ) the quantity stock dividend and trend of stock market was significant factors that affect the liquidity

    本研究的結論是: 1 )中國股市場的微觀交易結構並不是採取做市商制度,且2 3的股不能流通,流通股很小,存在著股股利事件后的快速「填權」效應,使股價格快速回升,股股利發放事件的稀釋價格作用無法發揮,也就無法達到「最適價格」 ; 2 )中國股市的買賣價差的含義發生了變化,不再是實際交易成本的反映,只是可能交易成本的反映,因而很大程度上代表了股價的波動意願,並不具有完全意義上的流動性含義。 3 )就換手率而言,它既是流動性的衡量指標,也是最常用的衡量投機性的指標。換手率指標只能說明流動性的一個側,在中國衡量流動性是有缺陷的。
  2. 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,文章考慮了股的凈值市價比( b p ) ,市盈率倒數( e p ) ,流通( 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( 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(類似於單指數型中的系數) ,據此,即可衡量出一個包括n只股的組合的風險_ p ~ 2和收益率r _ p 。
  3. On the one hand, the high standard requirement of stock market and high growth requirement of venture capital leave smes no choice but to resort to the banking industry ; on the other, when borrowing from banks, they are confronted with difficulties in collateral, soft information and loan size, for they do not have sufficient assets for collateral nor adequate system of finance and their need for funds is small in size and pressing in time

    一方,股市場的高標準要求、風險基金的高成長要求,使得中小企業融資只能求助於銀行業;另一方,由於缺乏足夠的抵押資產和完善的財務系統以及需求資金小、時間急,中小企業向銀行融資時臨抵押難題、軟信息難題和難題。
  4. At any point, the stock price only depends on the equalization points of supply and demand. this paper have disclosed the inherent law that the stock price takes from the view of micro structure theory of financial market, there is combination of theory between practice and certain effectiveness. it will do good to analyze the current station and problem of domestic and international financial stock market, it will help us take p recautions against financial risks and has realistic meaning with importance

    在任何時點的真實價格僅取決于供給和需求的平衡點,本文採用一般均衡理論及其型,從一個方揭示了金融市場微觀結構理論價格形成的內在律,理論聯系實際,有一定的可操作性,對于分析國內外金融股市場的現狀、問題,以及防範化解金融風險,具有重要的現實意義。
  5. The paper accounts the importance and the necessity of the forecasting research to the stock return volatility of our country, and the use in practice of the forecasting about the stock return volatility, firstly, stock market of our country is divided into large scale stock 、 middle scale stock and small scale stock on the basis of stock size. secondly, according to the basic method of the mathematical statistics , the behavior of the return volatility about single stock is described by using the model of the rolling variance estimates 。 through the relation of daily returns volatility and weekly returns volatility and the forecasting accuracy of the volatility forecasting model to various stock scale , we do practical analysis with the forecasting research to return volatility of single stock market

    在個股收益波動性的可預測性研究方,首先按市值大小將我國股分為大盤股、中盤股和小盤股,然後利用數理統計的基本方法,用滾動樣本方差估計型描述個股市場收益波動性的行為,並對三種股日收益率序列及周收益率序列波動之間的關系以及波動預測型對各種股盤的預測準確性進行了實證分析和結果檢驗。
  6. Almost everybody has genuine forex requirements and it is sensible to hedge our exposure in the market. that s why the global forex market is five times the size of the us stock market

    幾乎所有人都有實質的外匯需求,為個人對的外匯風險作出適當的對沖亦屬明智之舉。這亦說明了環球外匯市場的為何能比美國股市場大五倍。
  7. In the meanwhile, the development of bill market can be focused on the transaction participants, transaction tools, transaction price and transaction method, and therefore, it is suggested that we should draw out the development strategies based on the four aspects, such as expanding the variety of transaction tools, promoting the role of market intermediaries, regulating market transaction and establishing technology - supporting system

    同時,據市場式要重點解決交易主體、交易工具、交易價格和交易方式問題,因此,應該從這四個方來綜合制訂我國據發展策略,如發展據市場工具,擴大交易品種,發揮據市場中介的作用,逐步擴大市場交易主體,據交易秩序,建立據業務信息和技術支持系統等。
  8. While facing the challenge of the 21st century, the group will expand its annual capacity to 6, 000 tons during the 9th five - year - plan, through technical revamp and expansion ; further deepening of reform will lead to the establishment of modern enterprise system ; the enterprise will further expand through merging and acquisition ; it will issue stocks to strengthen its economic might ; promotion of economic efficiency will be the focus of the work to facilitate the basic transition of the economic system and growth mode ; to persist in technical progress to revitalise the enterprise, and set up a scientific management system fo further promote what has been achieved so as to facilitate the management standardization, adapt to market system and internationalization and make the company into a large and powerful enterprisegroup

    對二十一世紀的挑戰, 「九五」期間,公司將通過技術改造和擴建,形成超6000噸年的生產,將進一步深化改革,完成建立現代企業制度的大業,通過兼并擴大企業通過發行股增強企業經濟實力把提高經濟效益作為企業工作的中心,實現經濟體制和經濟增長方式的根本轉變堅持科技興廠,建立科學管理體系,鞏固管理成果,使管理標準化市場化國際化把公司建設成為具有雄厚實力的大型企業集團。
  9. As for as different parties are concerned, the force of a blank bill is not exactly the same

    在立法式上,建議採用全、明晰的正條款在據法中對空白據作出定。
  10. Study suggests the main constraints of management buy - out : it ' s groundless to fix a price, the information published not confirm with regular standard, purchase procedure is not transparent, purchase action is not with market law, and also policy restriction. consequently, the paper put forward solutions to improve management buy - out : 1 ) the policy to evade the inside risk : the main way is to select suitable enterprises to develop management buy - out ; 2 ) to ensure the transparent and the market standard of the purchase procedure : the main point is to guarantee the justification of the purchase price, to strengthen the transparent of the information announcement ; 3 ) to consummate the mechanism of supervise government : which the work should be done in the supervise department of government ; 4 ) to emancipate the mind, decrease the government action in the enterprises purchasing ; 5 ) to care for the latter developing of the mbo, the purpose of mbo is to pursue the biggest profit of the enterprise ; 6 ) to consummate the environment of circulating necessary funds ; 7 ) to solve the funds and taxes problems of mbo, this is a better way to solve the problems of mbo

    一是管理層收購定價方的法律依據不足:二是信息披露不夠范,現階段運作或已完成的mbo案例在進行信息披露時尤其是披露其資金來源時多諱莫如深,令投資者對其資金來源皆產生懷疑;三是收購程序不透明,歸根到底也是法律方的不足,缺乏相關的公正的運作程序和政策保障;四是收購行為非市場化,我國的管理層收購結束之後往往僅僅是相對控股,股繼續交易,所有者與經營者分離的問題並沒有從根本上得到解決,所有權與經營權相統一的目標沒有達到,這就可能造成大股東也就是內部人侵吞中小股東利益將更為便捷;五是融資渠道潰乏,主要是國家政策和法律的障礙限制了mbo的融資渠道;六是服務市場不夠發達,主要是中介市場缺乏高素質的專業人才,無法滿足客戶進行mbo的需要,從而限制了mbo在中國的運行;七是政策限制,主要對合法的收購主體的限制、收購的限制、收購時點的限制以及收購資金來源的限制。
  11. First, we examine whether the momentum strategies and contrarian strategies can create significant profits under different formulation horizons and holding horizons, whether past factors ( market return, characteristic of individual stock ) can provide an important implication about the profits of momentum and contrarian strategies. second, we discuss the reasons for the significant profits of momentum or contrarian strategies, including seasonality, cross - sectional risk factors, time - varying risk premium, industry momentum, and stock underreaction, overreaction, and random walk. third, we discuss the link of time series predictability of stock returns and momentum profits, including stock underreation, overreaction, delayed reaction, and time - varying risk premium

    研究目的有四:其一,探討中國股市執行慣性策略或反向策略的顯著獲利式及與各狀態因子(市場及個股狀態)的關系;其二,全分析中國股市慣性與反向效應之潛在成因,包括截風險因素、季節因素、時變的風險溢價、行業慣性效應以及行為金融型與conradandkaul ( 1998 )的隨機遊走觀點之爭論;其三,構建非效率市場之股價格運動方程,並基於此,范地演進慣性效應之時序生成途徑,包括反應不足、過度反應、滯后反應以及風險溢價的時變性;其四,探討中國股市中投資者的特殊信息反應式,並以此來解讀中國股市的中短期過度反應與反應不足的現象,以及個股間的超前一滯后關系的表現式及形成機理。
  12. The study analyze the reason for brain drain in high - tech enterprise, and draw the conclusion that lacking the long - term incentive in wage system is the main cause for loss of human resource, so i raise the viewpoint of bringing in the stock options from foreign high - tech corp. after making a comparative analysis between china and america, and drawing on the experience of foreign counties in this regard. i make a suggestion in stock source, the option striking price in china, which are not contradictory with the existing laws and regulations in our country

    本文在對高新技術企業人力資源的流失原因進行分析的基礎上,得出目前國內薪酬設計中長期激勵不足是產生高科技企業人員流動的主要原因,從而確定了引入股期權激勵機制的前提條件,其後,在對我國股權運作式及股期權激勵機制制約因素的分析基礎上,借鑒國外幾十年來實施股期權的相對較為成熟的經驗,提出了對我國相關法律法的一些政策性建議,同時,針對我國法律及公司治理等方對股運作的障礙,提出了與現行法律不相違背的股來源、股行權價等方的設計,並建設性地針對高科技企業提出了團隊股期權激勵計劃及針對高科技企業的股期權運作方法,從而為相關部門制訂有關政策及法律法提供了借鑒,也為高科技企業實施股期權提供了一套基本的原則和方法。
  13. Especially its market scale and quantity of listed companies had approaching the level of some developed countries

    尤其是在市場和上市公司數量方,已接近某些股市場較發達國家的水平。
  14. Convening of major public and professional media at the press conference in recent years, through long - term accumulation of organizing exhibitions of their clients network domestic and international publicity for 3, printing 500, 000 tickets, invitations 300, 000. at the wholesale adoption of the organizing committee for businessmen from the 4, through television, radio, newspapers, professional journals, terms of strong advocacy for the promotion of a comprehensive 5. more options at home and abroad with the scale and impact of similar professional conduct promotion and organization of visitors 6, through foreign agencies in china including embassies, chambers, trade organizations promotion

    1召集主要的公共及專業媒體舉行新聞發布會2通過長期辦展積累的廣大客戶網路,進行國內外宣傳推廣3印刷門50萬張請柬30萬張,通過組委會分批發往海內外客商4通過電視電臺報紙專業雜志網站進行全宣傳強力推廣5選擇國內外較具有和影響力的同類專業展覽會進行宣傳推廣和觀眾組織6通過外國駐華機構包括使館商會協會各種貿易組織進行宣傳推廣。
  15. We rank stocks and make portfolios according to various kinds of risk factors from 1997 to 2002, and test in method of cross - sectional regression. we find that # and stock and portfolio returns lack significant relation, on the contrary, two easily measured variable, market equity and book - to - market equity, combine to capture the cross - sectional variation in stock returns. this conclusion proves that the size effect and value effect exist in shanghai stock market during the research period of this thesis

    通過將1997年到2002年股收益率數據按各種風險因素進行排序、分組的討論,以及橫截回歸的檢驗,本文發現與股組合收益之間缺乏顯著的相關性,相反流通市值和賬市值比這兩個易於測度的變量一起捕捉了股收益橫截的變化,這一結論說明上海股市在本文的研究期間內存在效應和價值效應。
  16. Starting with the analyses of capital requirement of urt project, this article carried out the theoretic research on the primary ways of financing, the cost and structure of financing, the mode of investment and financing, the method of returning. based on the analyses of the ongoing railway project in wuhan and its capital requirements, this thesis comes out with a set of the financing and investing mode and method of returning, which is suit for wuhan. the majority of the research is shown following : 1, the main expense framework of investment estimation of urt project ; 2, the capital requirement of each city ' s urt projects, as well as the planning of urt network and states of the under - constructing and constructed projects in some important cities ; 3, a systematic analyses on the theory and reality of the " ticket income + nearby land development " return mode ; 4, personal opinion on the capital requirement, the financing and investing mode and the returning mode of urt project in wuhan

    本文在分析了我國城市發展軌道交通的必要性的基礎上,著重參考並借鑒了我國北京、上海、廣州、香港等大城市已建軌道交通線路的建設運營式,並從軌道交通項目的資金需求分析入手,對項目的資金籌措方式、主要融資方式、融資成本和結構、投融資式、投資回報方式等方進行了理論的探索,並結合武漢市現有的軌道交通建設情況進行了實證分析,在對武漢市軌道交通建設資金進行了需求分析的前提下,總結出一套適用於武漢市軌道交通建設的投融資式以及投資回報方法,其中主要研究內容有: 1 、城市軌道交通項目投資估算的基本費用框架; 2 、全國各城市軌道交通建設的資金需求情況以及部分重點城市的軌道交通網路劃、已建和在建線路情況; 3 、對「務收入+沿線土地開發」的軌道交通的投資回報式進行系統的理論與實例分析; 4 、對武漢市的城市軌道交通建設的資金需求、投融資式、投資回報方法提出了自己的觀點。
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