manipulation of the market 中文意思是什麼

manipulation of the market 解釋
操縱市場
  • manipulation : n. 1. （熟練的）操作；操作法；手法。2. （市場等的）操縱，控制。3. （外科）手技，手法。-tive, -tory adj.
  • of : OF ＝Old French 古法語。
  • the : 〈代表用法〉…那樣的東西，…那種東西。1 〈用單數普通名詞代表它的一類時（所謂代表的單數）〉 （a） 〈...
  • market : n 1 （尤指牲畜和食品的）集市；市場；菜市，菜場。2 需要，銷路；推銷地區。3 市價；行情，市面，市況...
  1. From the foreign experiences, one of the effective ways to prevent market manipulation is to punish severely and to apply administrative, criminal and civil sanctions together

    從國外經驗看，制止操縱證券市場行為的一個有效的辦法就是對其實行重罰，行政、刑事和民事制裁手段並用。
  2. Two foreign exchange brokers, charged by the icac, were today ( friday ) jailed for their roles in frustrating an investigation by the securities and futures commission ( sfc ) in relation to market manipulation of the trading in shares of publicly listed shanghai land holdings limited ( shanghai land )

    兩名外匯經紀，因妨礙證券及期貨事務監察委員會（證監會）就上海地產控股有限公司（上海地產）操控股價造市的調查，被廉政公署拘控。兩人今日（星期五）同被判囚。
  3. Grounded on analysis to the supervisory and regulatory practice in the usa, hong kong, common wealth and some other countries or distracts, the article holds the opinion that, to realize supervision to the deeds of stock market manipulation, the special entity shall be granted comparatively abroad and flexible power to stipulate regulatory rules and executory power that can provide regulators system and means to exert its professional supervision beforehand and its regulation in time. based on the above construe, with a view of the status in quo in our country, the article concludes on possible, approaches and ways for our country to consummate our supervision and regulation of stock market manipulation

    股票市場操縱行為的上述特徵使許多特定行為在不同時期、不同市場以不同形態出現，許多操縱行為與合法行為之間的界線不斷變化，基本的證券立法不可能對全部的操縱行為進行詳細規定，必須依賴監管者發揮其專業監管能力，正確處理保護投資者利益和維護市場有效性之間的，他們在2003年7月初步完成了題為（ （ whatw0rksinsecuritieslaws ） ） （ nberw0rkingpaper9882 ， july2003 ）的研究報告
  4. The contents of this article can be divided into four parts as follow : the first part of this article first discusses the relations between market manipulation and other securities fraudulences, then puts an emphasis on such aspects about distinct kinds of market manipulation as the concepts, the ways on how to manipulate securities market and how to distinguish the acts of market manipulation in law. the second part of this article discusses that the intention of manipulation is a necessary requisite for market manipulation

    除「導言」和「結語」外，本文的主要內容分為以下四大部分：本文第一部分「操縱市場的行為樣態分析」從操縱市場行為的概念及其與證券市場上其他主要的欺詐行為的關系入手，首先闡述了操縱市場行為與內幕交易等證券市場上其他欺詐行為的區別，然後重點對操縱市場行為不同行為樣態的概念、手法、構成要件和法律上的認定等方面展開了論述。
  5. The third part of this article mainly discusses the causal relationship in market manipulation, which is a block of the enforcement of the law against market fraudulences. because market manipulation is a kind of special tort, the author agree on the use of the " proof to the contrary " theory to lighten the proof burden of the damaged party in causal relationship. besides, this part also discusses such issues as how to decide the scope of legal plaintiffs, how to assess the losses of the damaged party

    本文第三部分「操縱市場的因果關系研究」從民法一般的因果關系理論入手，並結合操縱市場的侵權行為中因果關系的特殊性，論述了操縱市場的侵權行為中因果關系是否成立的判斷標準，並主張對因果關系在民事訴訟中舉證責任的分配應突破「法律要件分類說」的要求，適用因果關系舉證責任倒置的做法，即由操縱市場案件中的被告負擔證明責任成立因果關系不成立的舉證責任，否則即推定因果關系成立。
  6. They make a lot of money by clever manipulation of the stock market.

    他們巧妙地操縱股票市場而大賺其錢。
  7. Fairness, impartiality and openness is the spirit of the securities law. however, in the current chinese security market, the illegal behaviors like insider trading, false presentment, manipulation of market and cheating client etc are in vogue, which is a big gap to the spirit of securities law

    公正、公平、公開為證券法之精神，而在我國目前的證券市場中，內幕交易、操縱市場、虛假陳述、中介組織造假等違法行為橫行，與證券法之立法精神相差甚遠。
  8. Market manipulation generally refers to such practices as wash sale, matched orders or rigged prices. these practices are all ultimately intended to produce a market for the securities, which has little or no bearing on the true value of the securities based on the real business of the issuer and its true prospects. that is to say, market manipulation violates the integrity of the market because it alters the independent trading and pricing mechanisms of the market

    從私法的角度言之，操縱市場行為嚴重地侵害了證券市場上廣大投資者的合法權益，因而，不同國家和地區的證券立法在禁止操縱市場行為的同時，大都注重發揮操縱市場的民事責任制度的功能，對操縱市場行為的受害人的合法民事權益給予私法上的救濟，並加大違法行為人的違法成本，以有效地遏制或制裁操縱市場的違法行為。
  9. This dissertation follows three chapters. in chapter l, it points out that the manipulation of securities market is intrinsically a sort of fraudulent torts, by analyzing the legal nature of the manipulation in light of such basic theories as jurisprudence, civil law and commercial law

    本文共三章。第一章利用法理學、民商法學等基本理論分析了操縱市場行為在商法上的性質，指出操縱市場行為實質是一種欺詐性的侵權行為。
  10. The results show that : ( l ) adoption of the intermittent mean price instead of the point price at the end of the option will help to reduce the chances of profit - making manipulated by managers and to curb the manager ' s motive to control the stock price ; ( 2 ) generally speaking, stock price of mean price option is more incentive to the managers than that of the black - scholes ; ( 3 ) when the stock market slumps at the end of the option, mean price option will ensure a moderate insurance for the managers ; ( 4 ) when stock price slumps alone with the overall situation of the stock market in the intermittent option, mean price option. however, will be inefficient as an incentive. chapter four addresses the questions concerning the manager ' s manipulation of the stock price, and the increase of the option risks because of long - term slump of the stock market

    第三部分包括第三至五章，第三章針對時點價格容易被控制和時點價格的波動性太大，增加了經理期權的風險等問題，研究採用期權期內的平均價格替代期權期末的時點價格計算經理股票期權收益，構建了幾何型平均價格期權定價公式，並與black ? scholes期權定價公式進行了定量對比分析，結果表明： （ 1 ）採用期權期內平均價格替代期權期末時點價格有利於降低經理通過操縱股價的牟利機會，遏制經理操縱股價的動機； （ 2 ）一般條件下，平均價格期權股票價格對經理的激勵作用優于標準期權； （ 3 ）當臨近期權期末股價下跌時，平均價格期權能為經理提供適度保險； （ 4 ）當期權期內，股票受大市持續走弱影響而下跌時，平均價格期權失去了激勵作用。
  11. When the iliquidity risk was not included in the test, the size effects was proved to exist in china ' s stock market. from the reality of china ' s stock, it is believed that the abnormal return can be accounted for by the illiquidity risk caused by manipulation. to verify the hypothesis, the turn - over rate, fluctuation of turn - over rate, the rate were introduced into the study. this study provided a joint test of the factors above

    這表明在我國的股票市場，小公司效應與投資環境有關，在時間上與管理層對股票市場的政策變化有較高的相關性。在不包含流動性風險的時候，對股票的超額收益與其規模因子進行分析，發現股票表現出小公司效應。筆者從中國股票市場的實際情況出發，認為小公司效應的存在是由於超額收益沒有考慮到市場操縱而產生的流動性風險。
  12. The manipulation of securities market and its civil liabilities

    論操縱市場行為及其民事賠償責任
  13. The author discussed the characteristic and constituents of the market manipulation

    本章主要探討這些操縱行為的表現形式和構成要件。
  14. Part six mainly discusses the foreign legislation on civil liability relating to manipulative activities and the domestic history about such matter. as the conclusion of this article, the author puts emphasis on the importance of prevention measures and the construction of civil liability system on the manipulation of the securities market

    第六部分：首先介紹關于操縱行為民事責任的海外立法情況以及我國立法沿革；其次，在反駁錯誤觀念的基礎上詳論民事責任之制度功效以闡明我國建立操縱行為民事責任制度的必要性；最後，本文提出了構建該制度的設想。
  15. The main tort activities in the securities market can be classified as follows : 1 ) falsified or misleading information on important omissions that result in losses for investors during securities transaction ; 2 ) manipulation of securities market ; 3 ) securities exchange personnel with inside information ; and 4 ) issuance of securities to the public without prior approval by authorized body according to law

    《證券法》中的證券侵權行為包括虛假陳述，誤導、重大遺漏，操縱市場，內幕交易，發行人擅自發行證券等。產生民事侵權責任的構成要件是：首先，有侵權行為存在，即存在虛假陳述，誤導、重大遺漏行為，操縱市場行為，內幕交易行為和發行人擅自發行證券行為。
  16. The conception for the institution of a civil liability system against the manipulation of the securities market is : acts of manipulating the securities market belongs in the category of infringement of rights ; the principle for the liability system is the presumption of fault ; the third party suffering losses as a result of the manipulation can raise claims of compensation ; the cause - effect relationship between manipulation of the market and losses are to be established through two links ; and there must be a reasonable method for calculating the compensation for losses

    摘要我國證券市場操縱行為民事責任制度建構設想是：市場操縱行為民事責任屬于侵權責任；其歸責原則是過錯責任原則，實行過錯推定；在人為操縱市場時，因買入或賣出該種有價證券而受損的善意第三人可提起賠償之訴；市場操縱與損害之間的因果關系是通過兩個關系鏈建立的；損失賠償額須有合理計算方法。
  17. Part one defines the manipulation of securities market as such a serial of acts as affecting trading prices of securities by artificial means, inducing others to transact securities, etc. manipulative activities shall be seen as a kind of fraud. in the end, this part compares the said activities with speculation and the other similar term

    第一部分：首先指出操縱行為是指利用各種人為手段影響證券交易價格，誘使他人買賣證券的一系列行為，並明確地將操縱行為定性為欺詐行為，然後對操縱與投機、做市商的做市行為進行比較。
  18. Securities fraud include four models : insider trading, untrue statement, manipulation of the securities trading market and cheating clients

    證券欺詐的行為樣式主要有四種，即內幕交易、虛假陳述、操縱市場和欺詐客戶。
  19. Article 5 securities shall be issued and traded in accordance with laws and administrative regulations. fraudulent and insider trading and manipulation of the securities trading market are prohibited

    第五條證券發行交易活動，必須遵守法律行政法規禁止欺詐內幕交易和操縱證券交易市場的行為。
  20. People may have witnessed the pages and pages of elaboration on this issue in various publications. however, it may be safe to say that the civil liabilities arising from the manipulation of securities market remain a forbidden domain on which no academic has made a full and profound research. the author feels obliged to shoulder this commitment and thus set the theoretical exploration of civil liabilities of manipulators as the gist of the thesis

    本文試圖從操縱行為最原初的意義出發，探究操縱證券市場行為的定義、操縱行為主體、行為者物質條件、損害客體等問題，並在此基礎上展開其民事責任方方面面問題的研究，力圖構建以侵權行為法為框架的操縱證券市場行為的民事責任理論體系。
分享友人
分享到 Line

分享到臉書