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Currently, in most developed markets, the power of institutional investors has exceeded more than half of the market; therefore, on institutional investors trading in the market characteristics, including acts such as herding behavior, study the stability of the market is of important significance.

对机构投资者羊群行为的检验，观察其对于市场稳定性的影响，可以作为市场及其机构投资者成熟程度的测度之一。基于以上认识和理解，本文在总结以往羊群行为研究的基础上，运用LSV和CCK模型，实证研究我国证券投资基金是否存在显著的羊群行为。

The reason is that the irrational optimism in bull market and the pessimism in bear market have formed the 'castle in the air' in the stock market.

分析其原因大概在于牛市中的不理性的乐观情绪和熊市中同样不理性的悲观情绪形成了股票市场中的&空中楼阁&。

And our future generations, Chinese people will be future generations to read in history textbooks in China's stock market bull market and bear market in history, this is a roll of a sense of magnificent days in the history of moving!

我们的后代，中华儿女的千秋万代将在历史教科书上阅读中国股市的大牛市和大熊市的历史，这是一卷波澜壮阔的感天动地的历史！

Grey market; gray market: Market in bonds that have not been given a firm price.

灰市：指未发实盘的债券市场。

He said that in 1996,1997 in Shanghai real estate market downturn phase of the Shanghai Municipal Government in order to enliven the stock room, permit the public to get second-hand housing owner-occupied housing market transactions, and create a national The first third-tier market, real estate transactions.

他说，在1996，1997在上海房地产市场的低迷阶段，上海市委政府为了搞活存量房，允许公众获得二手房业主自用住房市场交易，并创建一个全国第一个三级市场，房地产交易。

The article is mixed from peculiar resource breed the peculiar merchandise assortment that contacts to it, the market demand of open sex, market demand of differential sex and competitive market demand, the respect such as the level of content of science and technology of the level of development production technology of peculiar breed and commodity undertook limitting to characteristic economy.

本文从特有资源品种和与之相联系的特有商品品种，开放性的市场需求、差别性的市场需求和有竞争力的市场需求，特有品种的开发生产技术水平及商品的科技含量水平等方面对特色经济进行了界定。

"These real estate speculators who have been in the market is the long-term veteran of the people, long-term market has been tempered so that they will be very keen market sense of smell and good sense."

&这些房地产投机谁已经在市场上是长期经验的人，长期市场一直锻炼，使他们将是非常激烈的市场嗅觉和良好的感觉。&

With the unique strengths in banking automation market, Nantian jointly developed PR series specialized passbook printer with Olivetti - one of the world top players in this market segment. PR products have become the leader in specialized passbook printer Chinese market with the high quality level, reliability, rich emulation, and strong Chinese Character functions, have achieved an installation of 350,000 units up till now.

南天准确地进行了市场预测及定位，与国外著名金融设备厂商联合开发、生产的PR专业存折打印机以高品质及丰富的仿真方式和强大汉字功能独占鳌头，连续五年居国内同类产品市场占有率之首，累计装机量已超过350000台。

However an undergraduate of 20 years old faces up to this one market rule hard however, vent one's anger on sb who's not to blame discriminates against phenomenal " to the " of foreign cartoon at domestic culture market, be in actually public place false bomb to be worn in order to coerce homebred animation film falls, give a foreign country cartoon market space resign sovereign authority.

然而一名20岁的大学生却难以正视这一市场规律，迁怒于国内文化市场对外国动画片的&歧视现象&，竟然在公共场所放置假炸弹以逼迫国产动画影片下架，将市场空间让位给外国动画片。

In the real estate industry, Zhejiang property market is a typical second-tier property market, its study of the meaning of market indicators.

在房地产行业，浙江房地产市场是一个典型的二线地产市场，其研究的意义市场指标。

However, as the name（read－only memory）implies, CD disks cannot be written onorchanged in any way.

然而，正如其名字所指出的那样，CD盘不能写，也不能用任何方式改变其内容。

Galvanizes steel pallet is mainly export which suits standard packing of European Union, the North America. galvanizes steel pallet is suitable to heavy rack. Pallet surface can design plate type, corrugated and the gap form, satisfies the different requirements.

镀锌钢托盘多用于出口，替代木托盘，免薰蒸，符合欧盟、北美各国对出口货物包装材料的法令要求；喷涂钢托盘适用于重载上货架之用，托盘表面根据需要制作成平板状、波纹状及间隔形式，满足不同的使用要求。