私募發行 的英文怎麼說
中文拼音 [sīmùfāháng]
私募發行
英文
private placement-
The combination of the conventionai 1 duaiistic economy structure and the new dualistic ecpnomy structure under the hi - tech industry forms a muitip1e " eriensive dualistic economy structure ". during the hi - tech industry deveiopment process, there exist the industry main body " dualistic configuration ", market monopoly competition " duality mathet structure and developmeof path " duality path " inside the hi - tech industry because of these iotercrossed each othef, the hi4ech industry development economy system is featured with the int6raction of compound dualistic economy structure. ln this paper it is caiied as super duaiistic economy structure mode, that is to say, the hi4ech industry
以此為基礎，對于高技術產業資本原始形成的途徑、高技術產業融資的「超二元化結構」體制模式及其效率問題分別進行了論述，提出決定高技術產業發展中金融支持體系的「超二元結構」和高技術產業融資的系統理論模式：大銀行、主板證券市場支持以模仿創新技術、規模壟斷為主要特徵的規模壟斷型高技術產業，中小企業的銀行、私募資本市場的天使投資和創業資本投資、創業板證券市場支持以原創性創新技術、技術壟斷和中小企業為主要特徵的技術壟斷型高技術產業。The result is a growing market in which hedge funds, buy - out groups and investment banks, club together to finance private deals for firms that are too small for initial public offerings, or are growing so fast that they would rather wait
結果就是私募市場的發展，在這個市場中，對沖基金，收購集團和投資銀行聯合起來為太小而不能上市或者發展太快不能等待的企業私募資金。First, the author reviewed the related literature of asset securitization, explained the connotation and the economical significance of asset securitization from many angles, analyzed several essential technologies of asset securitization through using the enterprise financing theory, the financial theory, the system economic theory and the law of averages, constructed a flow chart to analyze the structure and the flow of the operation of asset securitization ; then the author analyses the overseas development tendency as well as the overseas concrete procedure of non - performing loans securitization, proposed several enlightenment ; once more, the author analyzed our country ’ s feasibility of npls, then elaborated emphatically the operation thought of npls of our country commercial bank : regarding the establishment of spv, thought that it most suit the our country current national condition current through pouring the capital to adopt company spv the pattern in our country by the national property management company, and elaborated how to construct and manage the property pond, put forward many kinds of ways of credit enhance for non - performing loans, thought it is the best choice that the product of npls is designed for cmo, the senior bond adopts the public issue, the secondary bond adopt private issue
首先，本文回顧了資產證券化研究的相關文獻，從多個角度闡釋了資產證券化的內涵和經濟意義，運用企業融資理論、金融理論、制度經濟學理論和大數定律剖析了資產證券化的幾項關鍵技術，構建了一個資產證券化流程圖來分析資產證券化運作的結構與流程;接著通過分析國外不良貸款證券化發展趨勢以及具體做法，提出了幾點啟示;再次，分析了我國不良貸款證券化的可行性，然後著重論述我國商業銀行不良貸款證券化的運作思路:對于spv的設立，認為在我國由國家資產管理公司注資採取公司型spv的模式最適合我國當前的國情;並論述了資產池的構建與管理;提出了對不良貸款進行信用增級的多種方式;認為將不良貸款證券化產品設計為抵押擔保債券，高級債券採取公開發行，次級債券採取私募發行是最佳選擇。Because that the asset management business is a novelty, there are many questions as following : regulation deficiency, supervision chaos, competition disorder, etc. especially in china, unsymmetric information, credit deficiency still exist. much problem such as illegal private banking, private placement fund, phenomena of fund management irregularity, immense risks in securities companies " asset management business has become much more seriously. therefore strengthening the study of this novelty to reach standardization and development has become an urgent task to the banking industry
也正因為它是一種新生事物，國內資產管理業中存在著缺乏規范、監管混亂、競爭無序等問題，尤其在中國現行的信息不對稱、缺乏誠信的市場環境條件下，則更顯突出， 「違規代客理財」 、 「私募基金」 、 「基金黑幕現象」 、 「券商資產管理風險問題突出」等問題層出不窮，加強對它的理論探討與對策研究，從而促進其規范發展已經成為我國證券界的一個迫切任務。Second, if investment banks are buying or launching hedge funds, the sector itself is expanding into loan - making and private equity, and mutual funds are adopting hedge - fund techniques, is there any sense in talking of a separate hedge - fund industry any more
其次，如果投行正購買或者發行對沖基金，對沖基金本身又將業務拓展到貸款和私募股權投資領域，而共同基金也在採用對沖基金的策略，那再談論一個獨立的對沖基金業還有什麼意義呢？At last, this thesis gives relative strategies for jing - zhi company such as adjusting the strategy and marketing position, setting up risk controlling system and taking anti - risk measures, making standard contract, establishing scientific human resources managing system and taking valid encouraging measures, designing rational portfolio and setting up a system of announcing transparent information
提出景智公司應根據經營環境的變化重新進行市場定位和戰略調整；針對景智公司在運作私募基金中面臨的不同風險，提出設置具有風險控制功能的組織結構和建立風險內控機制；針對景智公司存在的阻礙發展的不同問題，提出規范合同契約、建立科學的用人機制和激勵約束機制、設計合理的投資組合利建立規范的信息披露制度。As to the fast growth in scale and influence from the private investment funds, they have affected the market sometimes more than the legal investment funds. this paper studies and compares the characteristics of the private investment funds and legal investment funds, and points that the appearance of private investment funds is associated with the defecting system of the stock market. the author argued that the appearance of the private funds partially is natural and reasonable, but also out of order and conflict due to their irregular operation in the market
本文針對我國證券投資基金發展過程中，仍不具有法律地位的私募基金發展規模及影響大大超出合法的公募基金的奇特現象，借鑒國外基金研究與實踐的經驗，比較及分析公募與私募基金的優劣，對私募基金在我國資本市場發展的原因進行分析研究，並對我國私募基金的改革規范提出一些初步的建議。The issue model of stock in the primary market can be classified into : public offering and private offering
一級市場上的發行方式也分為兩種，公募和私募。On this basis, according to the present situation of hunan jing - zhi investment limited company, which is a private - offered funds company, this thesis summarizes the superiorities such as the specialist money management, meeting the demands of the investors, protection measures of the investors and profit allotment system
在此基礎上，本文對湖南景智投資有限公司這樣一個募集、運作私募基金的公司的發展現狀進行簡要分析。同時對公司的優勢特點作了詳細分析，如專家理財的優勢、滿足投資者需求方面的優勢、較強的投資者保護機制的優勢、利益分配機制設計的優勢等。分享友人