查询词典 discount

In the part of empirical analysis of Chinese IPO first-day return, the difference between existing study and this study is that we use principal components analysis to extract from five factors to construct investors'sentiment index, add it to controled varibles, on which we examine the influence of offering mechanism on IPO first-day return. Moreover, we gather statistics and compare the IPO holding return for lockup period between fixed-price-class offering method and bookbuilding-class offering method, as well as price range between Chinese A-share market and Hongkong stock market, which prvide comprehensive evidence to appraise Chinese IPO bookbuilding mechanism. 2. Compare to the existing literatures which consider discount or allocation, incentive allocation and discount are considered at the same time in optimal mechanism design in this dissertation, and the offering bottom price is introduced to the price range. We investigate the relationship between price range and allocation quantity, and obtain the optimal price range and allocation strategy so that the advantages of independent allocation are reflected. On the other hand, the disadvantages of independent allocation are reflected in the manipulation in case of no restriction on IPO allocation. To distinguish from the existing literatures, bookbuilding mechanism is introduced to the model. We study the allocation strategy adopted by the underwriter in the pooling equilibrium of manipulation. In addition, we analyze the incentive compatibility conditions to which the existence of pooling equilibrium should satisfy and examine some factors'impact on the existence of manipulation.3. In bookbuilding without independent IPO allocation, Chinese realistic IPO background is considered and the condition of bookbuilding and fixed-price hybrid offering is added. Divide bookbuilding and fixed-price hybrid offering into sequential hybrid and simultaneous hybrid, and point out that the key points of subscription strategy in the two kinds of hybrid are different. Through modeling and simulation we obtain the impact of institutional investors'subscription strategy on bookbuilding without independent IPO allocation, which fill the gap in related research. Moreover, in the part of IPO bookbuilding with over-allotment option, the pricing strategy is divided into hot-IPO strategy and weak-IPO strategy. Take into account the procedure of Chinese IPO with over-allotment option, it presents how the underwriter determines the pricing strategy and what effect it brings to offering price and issue size through modeling and simulation. Therefore, it is instructive as a complement to existing literatures.

此外，对我国A股市场询价发行方式与固定价格发行方式下的IPO锁定期到期时持有收益率、以及我国A股市场与香港市场的询价发行价格区间进行了统计比较，为评价我国IPO市场的询价发行提供了比较全面的依据。2、相比已有文献仅考虑折价和分配中的一种激励措施，本论文在有自主配售权下的机制设计中并用了分配与折价两种激励措施，并且在价格区间的制定中引入发行底价，考察了价格区间与分配量之间的关系，得到最优的价格区间和分配策略，从中体现自主分配权的优点；在有自主分配权下的操纵行为研究中则体现了自主配售权的弊端，与已有文献不同的是，在模型中引入了累计投标询价机制，研究了承销商在混同均衡操纵中采取的分配策略，并对操纵存在的条件进行分析讨论，得出各个因素对混同均衡操纵存在的影响。3、在无自主分配权下的询价发行中，充分考虑了我国实际应用的背景，加入了与固定价格发售混合的条件，并将询价与固定价格混合发行分为序贯与同步两种方式，指出机构投资者在两种情况下申购策略的侧重点各有不同，通过对序贯混合发行方式下的网下累计投标策略以及同步混合发行方式下的资金分配策略的模型建立和数值仿真，考察了机构投资者申购策略对无自主分配权下的询价发行的影响，填补了相关研究文献的空白；在包含超额配售选择权的询价发行中，将发行定价策略分为热销策略和弱销策略，在考虑了我国含超额配售选择权的发行流程下，通过建模以及数值仿真得出承销商会对发行定价策略作出怎样的选取，进而会对新股发行价格、发售数量产生怎样的影响，对目前相关研究的缺乏做出了有益的补充。

We usually deal on a 20% trade discount basis with anadditional quantity discount for orders over 1000 units.

我们通常给予20%的商业折扣，外加订货1000件以上的数量折扣。

We usually deal on a 20% trade discount basis with an additional quantity discount for orders over 1000 units.

我们通常给予20%的商业折扣，外加订货1000件以上的数量折扣。英语学习网

We usually deal on a 20% trade discount basis with an additional quantity discount for

我们通常给予20%的商业折扣，外加订货1000件以上的数量折扣。

We usually deal on a 20% trade discount basis with an additional quantity discount for order

我们通常给予20%的商业折扣，外加订货1000件以上的数量折扣。

We usually deal on a 20% trade discount basis with an additional quantity discount for orders units.

over 1000 units 我们通常给予20%的商业折扣，外加订货1000件以上的数量折扣。

Ally deal on a 20% trade discount basis with an additional quantity discount for orders over 1000 units.

我们通常给予20%的商业折扣，外加订货1000件以上的数量折扣。

We usually deal on www.topsage.com a 20% trade discount basis with an additional quantity discount for orders over 1000 units.

我们通常给予 20%的商业折扣，外加订货 1000 件以上的数量折扣。

I 728 We usually deal on a 20% trade discount basis with an additional quantity discount for orders over 1000 units.

我们通常给予20%的商业折扣，外加订货1000件以上的数量折扣。1 6 R#

Though payment is to be made at maturity of the bill by the issuing bank ,if at the request of the lc beneficiary, the issuing bank may discount the bill and pay the beneficiary the face amount of the bill ,in the lc currency,after deduction of all relative discount interests and charges,including reimburing charges and payment/cable charges, once the documents have been received and found as clean, in case of disorepant documents ,the bill may be discounted by the issuing bank after discrepency has /have been accepted by the appliant.

尽管付款应在到期的法案由发卡银行，如有的要求，立法会的受益者，发卡银行可优惠的法案，并支付受益人面对数额的法案，在立法会的货币，在扣除所有相对优惠的利益和费用，包括reimburing费和支付/电报费，一旦文件已经收到，并发现清洁，如disorepant的文件，该法案可能要打折扣的发卡银行后discrepency已/已被接受的appliant 。

For a big chunk of credit-card losses; the number of filings (and thus charge-off rates) would be rising again, whether

年美国个人破产法的一个改动使得破产登记急速下降，而后引起了信用卡大规模的亏损。

Eph. 4:23 And that you be renewed in the spirit of your mind

弗四23 而在你们心思的灵里得以更新