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Zhao Dan Yang says in the letter, stock market bubble is basic already and abluent, stock market future walks along situation general to depend on of pair of future economy anticipate.

赵丹阳在信中说，股市泡沫已基本洗净，股市未来走势将取决于对未来经济的预期。

This paper is expanded into three main parts to study and analyze the stock time series.1 Through the normality tests, All the sample stock-data curves show different phenomenon of Aiguille and Fat-tail, as well as Left-Deviation, which proves that none of the sample series belong to normal distribution, in other words, the linear method can't be applied into the analysis process, so we adopted the R/S method instead.2 The application of R/S method has verified the long-term memory characteristics of the sample series, and Support Vector Regression is combined to enhance the precision of Average circle period.

文中对股票时间序列从以下三个方面进行了研究和分析：1通过正态性检验，发现各样本股票数据均表现出不同程度的尖峰和胖尾以及左偏现象，证明了所有的样本序列全都不属于正态分布，也就是说明它们不能够适用线性方法进行分析，必须采用重标极差分析方法的非线性方法。2应用R/S分析方法验证他们具有长期记忆的特性，并且结合支持向量回归机提高了测定平均循环周期时的精确性。

The result states that corporate stock acquisition is more marketing than national stock acquisition. In the acquisitions, the different view between consignee and alienator makes the difference on valuation base. Commodity price theory tells us that alienators sell commodity for the value, while consignee buy commodity for the using value.

从国有股和法人股的分组情况来看，国有股收购价格同每股净资产的相关性更为明显，而法人股同收益指标的相关性较为明显，证明法人股收购的市场化程度高于国有股收购。

In the meantime, american stock exchange trades hall business also trades move to new York stock exchange the hall is finished.

同时，美国证券交易所交易大厅业务也将转移到纽约证券交易所交易大厅完成。

The number of companies li st ed on NASDAQ is more than that on any of the other st ock exchanges in the United States, including the New York Stock Exchange and the American Stock Exchange.

纳斯达克名下的上市公司在数量上超过了包括纽约证券交易所和美国证券交易所在内的任何一家美国证券交易所。

In addition, if the three sites to provide the New York Stock Exchange and American Stock Exchange's shares, also the highest monthly to pay an additional 50,000 U.S. dollars.

此外，三家网站如果要提供纽交所和美国证券交易所的股价信息，还需每月再额外支付最高5万美元。

This course is an attempt to give the students the basic idea and method of forest management in order to prepare the management plan; Place of forest management in forestry; Content of forest management; Guide principles of forest management; Sustained working; Silvicultural system; Forest yield; Increment; Volume increment; Quality increment; Price increment; Total price increment; Forest maturity; Indicating percent; Productive stage; Physical rotation; Technical rotation; Rotation of maximum volume yield; Highest forest rent rotation; Financial rotation; Cutting cycle of selection system; Normal forest; Normal distribution of age classes; Normal arrangement of stands; Normal increment; Normal growing stock; Normal yield; Improvement of actual forest; Reserve forest; Reserve fund; Planning and plan of forest management; Forest regulation; Area allotment; Volume allotting method; Volume frame work; Area-volume combined frame work; Growing stock; Utilization percent method; Difference method; Pure age-class; Growth method; Control method; Forest subdivision; Forest surveying; Forest survey; Certainty of future policy of forest; Selection of species; Decision of silvicultural system; Decision of rotation; Regulation of future yield; Preparation of management plan; Working the plan; Control and revision of management

本课程之目的为使学生了解森林经营之基本观念及方法，以期编订经营计划，课程包括森林经营学在林学上之地位、森林经营学之内容、森林经营之指导原则、保续作业、森林作业法、森林收获、生长、材积生长、形质生长、腾贵生长、总价格生长、林木成熟期、指率、生产期、自然轮伐期、工艺轮伐期、材积收获最多轮伐期、森林纯益最大之轮伐期、财政轮伐期、择伐林之回归期、法正林、法正龄级分配、法正林分排列、法正生长、法正蓄积、法正伐采额、现时林之改良、预备林、预备金、森林经营上之规划及计划、收获预定、面积配分法、材积配分法、材积平分法、折衷平分法、蓄积法、利用率法、较差法、纯粹龄级法、生长量法、稽核法、森林区划、森林测量、森林调查、将来森林经营方针之确定、树种之选定、作业法之决定、轮伐期之判定、将来收获之预定、经营管理计划之编订、计划之执行、经营管理计划之稽核与检订。

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。

In addition through analysing the relation between the structure of stock right and the leader of board of directors in addition that we have gotten the following conclusion: State-owned stock unify and have linear dependences with duties by proportion, and President hold a part-time job and present linear dependence big shareholder proportion of holding shares.

另外通过董事会领导与股权结构的实证分析我们得到了如下结论：国有股比例与二职合一具有线性相关性，第一大股东持股比例与董事长兼职呈线性相关性。

Stock supply will slightly reduce the pressure, first in the slowdown in the pace of IPO; Second, the size of non-market conditions as a result of the mutation may temporarily slow down the reduction of the original plan, but the long term, to limit the sale of shares of further standardize and improve the stock supply is still bound by the pressure of the most important impact on the market is still very critical; Third, some state-owned listed companies to buy back shares to reduce the absolute number of shares.

股票供应量将略有减少压力，在首次公开招股的速度下滑影响，第一，第二，大小非作为市场条件突变的结果可能会暂时放慢了原计划减少，但是从长远来看，限制了进一步规范和改善供应出售股份的股票仍是由市场上最重要的冲击压力的约束仍然是非常关键的；第三，一些国有控股上市公司回购股票减少股票的绝对数量。

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