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In order to cut down the cost and pursue economy of scale, every enterprise chartered big vessels to transport a great deal of iron ore when ordering. However, the massive stock occurred because it far more overpast the demand of steel enterprises throughput. Next, the volumes stock bring on abundant cost of stockpile, since it can not be distributed in time due to limited capacity of transportation. Furthermore, there is a big pressure to railway authority to distribute the iron ore.

钢铁企业订购铁矿石时，为降低成本、追求规模效益，一般采取大船进行海运运输，而一次的运量可能大大超过了企业近期的生产能力，大量的库存便产生了；其次，如此大量的矿石集中到港，无法通过疏运能力的"瓶颈"，在港口堆场堆存又产生了大量的堆存费用；此外，大批量的疏运对铁路部门也产生了压力。

Secondly, transform the original model to a new one: using market value of stock to replace par value of debt or stock, in order to study the company's financing activity through angle of view in market.

变换基本模型：包括选择新指标建立新模型，采用股权的市值作为因变量，从市场的角度审视公司的融资行为；采用债权和股权的加权平均数据作为因变量，寻找最适合中国上市公司的融资比例。

In this paper, we are combining percolation theory of the statistical physics and stock market in mathematical finance to study convergence of the limited condition of the stock price.

本文把统计物理学中的渗流理论与金融数学中的股票市场结合起来研究股票价格的波动过程和收敛的极限状态。

Stock index future is the futures taking share price exponent as basis , is that business both sides is based on one kind of normalizing agreement arranging in advance , agreeing that some specially appointed time trades according to that preconcerted share price of both sides carries out the stock exponent in future.

股指期货是买卖双方根据事先的约定，同意在未来某一个特定的时间按照双方事先约定的股价进行股票指数交易的一种标准化协议。

In order to find what impact stock financing preference produces to the listed companies,this paper ,based on the 66 listed companies which carried out additional shares in 1999,tries to analysis the correlationship between stock financing preference and listed companies'operational performance.

为研究股权融资便好行为对我国上市公司产生的影响，本文以1999年沪市实施了配股或增发新股的66家公司为样本，试图研究股权融资偏好与公司经营业绩之间的相关性。

As a private limited company can go public in England by converting it into a public limited company, a limited liability company in China can also opt to change into joint stock limited company and to seek equity with a listing on a stock exchange.

正如英国的私人有限公司可以转化为公众有限公司一样，中国的有限责任公司也可以选择转变为股份有限公司，并通过在证券交易所上市筹集资金。

Purchase of stock in a company from a shareholder, rather than purchas in g stock directly from the company.

从公司现有的股东手中收购股票，而不是直接从发行股票的公司购买。

Senhe Seed Stock Co. Ltd. was established as a stock company in the light of modernization of corporate governance. But, the formation of Senhe couldn't satisfy the endless demanding of corporate development along with pace of SOE reformation and privatization in China, it is urgent and necessary to initiate SOE shareholding structure to be reformed.

森禾种业股份有限公司成立时就按照现代企业制度的要求，建立了股份有限公司，但是随着我国国有企业改制的不断深化，现有的企业运行框架并不能满足企业发展的不断需要，因此，森禾种业股份有限公司决定进行股权改制。

Independence" is the cornerstone and soul of the system of independent director But the Chinese companies listed on Chinese stock exchanges exist some unreasonable factors such as shareholder rights and so on This kind of independence is imperfect in reality This article analysed the main reasons that affect the independent nature of "independent director in Chinese companies listed on Chinese stock exchanges It puts forward that China should assure independent standards and perfect a mechanism of sele...

"独立性"是独立董事制度的"基石和灵魂"。但我国的上市公司由于股权结构不合理等因素，造成了这种独立性在实际中的缺位。本文以独立董事独立性的基本标准为研究起点，分析影响我国上市公司独立董事独立性的主要原因，提出了从确定独立性的标准为出发点，建立包括完善独立董事选拔机制以及合理的薪酬制度等措施来提高我国上市公司独立董事的独立性。

This paper demonstrates arbitrage strategy spread between time value and space value based on TXO(Taiwan Stock Exchange Capitalization Weighted Stock Index)in order to find maximums profile and lowest risk space in the real index market.

本文针对台指选择权在实务上之时间价值和空间价值的交易策略价差模型加以探讨，以发现最大获利点和最低风险空间。

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