查询词典 cash market

Among them the influence factor of the stock is mainly: Fund manager select stocks ability, investment style and ability to deal with the accident, national macroeconomy situation factor, the market value of stock usually have the direct influence to the fund net value; To bond part in the net value of the fund, interest rate and the investment ability of fund manager concerns the value level of this part of assets directly, because the securities regulator of our country has made the regulation to the proportion of the fund investment bond besides this, so, this proportion will restrict fund managers investment on the bond either, thus exercise an influence on some value of bond ; Besides stock and two bond, to another important component in the net value composition --The cash, we will all sum up its factor of exerting an influence for the mobile risk factor, namely the risk as a reasult of the exility of cash.

其中股票方面的影响因素主要是：基金经理的选股能力、投资风格和选时能力以及大盘走势与突发事件、国家宏观经济形势因素，股票市值通常受到这些因素的直接影响；对于基金净值中的债券部分来说，利率和基金经理的投资能力直接关系到这部分资产的价值高低，除此以外由于我国证券监管机构对基金投资债券的比例作了规定，因此，该比例也会制约基金经理在债券上的投资，从而对债券部分价值发生影响；除了股票和债券两部分以外，对于净值构成中的另一重要组成部分——现金，我们将对其产生影响的因素全部归纳为流动性风险因素，即由于现金的稀缺而导致的风险。

From the cash flow situation, the first three quarters in addition to the extractive industry, communication and cultural industries, manufacturing, other business than last year, net cash flow declined to fully explain the whole market economy funding constraints, the financial crisis is beginning to affect the real economy.

前三除采掘业，通讯和文化方面的产业，制造业，比上年其他业务，净现金流减少，充分说明整个市场经济的资金拮据，金融危机开始影响实体经济。

Islay orders will be in accordance with the brand does not seek many blind dealer orders, require dealers to combine the areas where consumer demand in order to ensure that the islay down jacket in the terminal according to the dynamic sales and profitability, with the security market opportunities, distributors even 100% of the cash delivery is also enthusiastic; have a high standard of cash flow, according to islay brand will increase input a new round of product development, branding, and so the cycle makes brands, distributors, consumers win.

伊斯雷订单将与品牌不寻求许多盲人经销商的订单，要求经销商相结合的地区，消费者的需求，以确保在终端下夹克艾莱根据动态的销售和盈利，市场的安全，根据机会，经销商甚至100％的现金交付，也热情，有一个高标准的现金流，根据艾莱品牌将加大投入了新一轮的产品开发，品牌等，使品牌的周期，经销商，消费者双赢。

The group says Alibaba, company of this investment management will be dedicated invest at 2 class market, enhance the Babaji in A's round money endowment administrative actual strength and to macroscopical environment understand thoroughly force to wait, round to the Babaji in A cash is flowed into, pour out of and put a quantity to undertake making overall plans, on the foundation that assures fluidity, those who achieve cash beneficial result is the biggest change.

阿里巴巴集团称，该投资管理公司将专注于二级市场投资，增强阿里巴巴集团的财资管理实力和对宏观环境的洞悉力等，并对阿里巴巴集团的现金流入、流出以及存量进行统筹规划，在保证流动性的基础上，实现现金效益的最大化。

The positive test draws the following conclusions: control rights is significantly negatively related with firm value which indicates that the bigger control rights the actual controller hold, the lower firm value is; cash flow rights is significantly negatively related with firm value which may due to the ravening share bonus deeds by controlling shareholder; the separation ratio of cash flow rights to control rights is negatively related with firm value and not significant which may due to the ravening share bonus deeds,or the deficient market, or inadequate information exposure etc; stock proportion restriction is significantly positive related with firm value which indicates the good effect of stock proportion restriction; actual controller who participate in the management and the ratio of director who have position in controlling shareholder's company don't pass the significant test; the size of the company is significantly negatively related with firm value; the ROE cannot explain the firm value.

通过实证检验发现，我国金字塔结构下民营上市公司的治理效应有以下特征：控制权与公司价值显著负相关，说明实际控制人掌握的控制权越大，公司价值越低；现金流权与公司价值显著负相关，这可能与我国民营上市公司控股股东的"掠夺性分红"行为有关；现金流权与控制权的分离率和公司价值负相关且未通过显著性检验，这可能与控股股东的"掠夺性分红"行为有关，也可能与市场的不完善、信息披露的不充分等有关；股权制衡度与公司价值显著正相关，说明我国民营上市公司的股权制衡机制能够产生一定程度的效果；实际控制人参与管理情况与在控股股东单位任职的董事比例和公司价值的关系均未通过显著性检验；公司规模与公司价值显著负相关；ROE对公司价值没有解释力。

Refering to the pricing of MBO, this thesis takes for that it's inconsequential to make net assets value per share as sole standard of pricing, and the standard of valuing must be traced back to free cash flow, and Free Cash Flow Valuation must be set up for pricing. And this thesis has brought EVA theory into MBO pricing to quantitating former contribution of management. Moreover, this thesis analyses controlling premium and marketability discount, and considers that we must develop the mechanism of market to improve the level of investors protection.

在对定价问题的探讨中，本文认为以每股净资产作为唯一定价标准不合理，衡量价值的标准应追溯到自由现金流量，应建立自由现金流量模型对管理层收购进行科学定价；本文还引入了EVA的理论量化管理层的历史贡献，以修正自由现金流量模型；同时本文认为定价时还要考虑控制权溢价和流动性折价，并且适当引入竞争，发挥市场机制，提高投资者保护水平。

From 1998 since, our country appears on the market company demand annals announces cash flow meter, the analysis that circulates to cash is popular with each passing day.

从1998年以来，我国上市公司要求年报公布现金流量表，对于现金流的分析日渐流行。

Futures market of copper performs about 86.8 per cent of the price discovery function and the cash market 13.2 per cent, which indicates that the futures market of copper dominants in information flow and price discovery.

由铜的期货市场完成的价格发现高达86.8%，而由现货市场完成的仅占13.2%，铜期货市场在价格发现、信息流方面占有绝对优势。

Was a great bull market of China's stock market, the SFC in batches listed way to push the Lettings market, Zhou Jie tunnel stock shares, etc., in the enjoyment of corporate dividends payable annually, and then The 12-yuan cash prices have been very high return on investment.

2000年是中国股市的大牛市，在上市的方式来推动市场配股分批证监会周杰隧道股份等，在公司分红享受，每年支付，然后12元现金的价格一直非常高的投资回报率。

Apply above all but develop learns medium thing yuan the thing that built what classify by classified electrovalency to use market of electric market fractionize and its fractionize theoretically yuan model, the relevant factor that considered to affect target market to choose in the model if increase rate of market share, market, charge of electricity reclaims flexibility of consumption of rate, power, make antipathic function is in these elements well a content yuan the model gets settlement.

首先运用可拓学中的物元理论建立了按分类电价分类的用电市场细分及其细分市场的物元模型，在模型中考虑了影响目标市场选择的相关因素如市场份额、市场增长率、电费回收率、电力消费弹性等，使这些因素不相容性能很好地在一个物元模型得到解决。

Listen,point and check your answers.

听，指出并且检查你的答案。

Warming needle is one of effective treatment methods for knee arthralgia aggravated by cold,and it is simple,safety,so it should be developed in clinical acupuncture and moxibustion extensively.

但以本院科针灸门诊在2005年1月—2006年6月期间共收治膝痛患者100余例，经过临床的诊断后，其中施以温针治疗的48例，疗效显著，报道如下。1临床资料本组病例48