查询词典 no-par stock

In the end, there is a brief conclusion . The conclusion of this passage mainly includes: The listed companies have obvious preference for stock right financing, and the financing order is stock right financing, the short-term debt, endogenous financing, the long-term debt, which differs from that of western countries; Financing structure is characterized by comparatively lower asset-liability rate, higher floating debt and lower long-term debt; The governance structure is irrational, and the shareholders" meeting perform practically no function. In the meanwhile, board of director structure is unreasonable, which is highly coincident with the manager layer. Board of supervisors" independent character is poor, while manager layer is lacking in restraints and supervision; The interdynamic

本文的结论：上市公司有明显的股权融资偏好，融资顺序为股权融资、短期负债、内源融资、长期负债，这与西方国家上市公司的融资顺序不同；融资结构具有资产负债率相对较低，流动负债偏高、长期负债偏低的特征；治理结构不合理，股东大会形同虚设、董事会结构不合理、董事会与经理层高度重合、监事会独立性不强、经理层缺乏约束与监督；治理结构与融资策略选择的互动关系不强；独立董事比例与资产负债率正相关，工业、公用事业与资产负债率负相关，商业与流动负债率正相关，第一大股东持股比例与流动负债率负相关，第一大股东持股比例与长期负债率正相关，执行董事比例、工业、商业与长期负债率负相关。

Taking the fishery stocks status of no-overfishing in the coast of Guangdong in 1964～1965 as stock structure in good condition, according to the result of background survey of 16 artificial reefs area of Guangdong during 2002～2004, the historical change of stock structure of the coast of Guangdong had been studied, combined with some relative data, the species of enhancement for the artificial reefs area of Guangdong were put forward to choose: 38 species of fish, 13 species of shrimp, 4 species of lobster, 5 species of crab, 18 species of shellfish, 8 species of holothurian, 27 species of seaweed.

以1964～1965年广东沿海没有捕捞过度的渔业资源状况作为处于良好状态的资源结构，根据2002～2004年广东16个人工鱼礁区的渔业资源本底调查结果研究了广东沿海渔业资源结构的历史变动，结合有关资料，提出了广东人工鱼礁区可供选择的增殖放流种类为：鱼38种、虾13种、龙虾4种、蟹5种、贝18种、海参8种和海藻27种。

Analyst Jason Helfstein Sohu stock grade from " strong at grail " reduce to " keep balance with grail ", after thinking this stock rises a few times the closest greatly already by overmeasure,"Have overt investment value no longer."

分析师Jason Helfstein将搜狐股票评级从"强于大盘"下调至"与大盘持平"，认为该股票最近的几次大涨之后已被高估，"不再具有明显的投资价值。"

Tai Fook Securities head of China business Pantie Shan that a platform for Hong Kong stock market is more international, international capital access is very easy, can be short, and even to borrow short selling goods, China has no Securities Lending, stock index futures have not yet.

大福证券中国业务部主管潘铁珊认为，香港股市的平台更加国际化，国际性的资金进出很容易，可以抛空，甚至还可以借货抛空，中国没有融券，股指期货也还没有。

The corporation to develop from the action scilicet that establish, production and promotion new material and in lieu of iron, supersede the lumber product the material for oneself to allow, resolve the evolution that the Chinese material resource in push supersedes, supersedes the iron, lumber vocation, the amalgamation sets out from the current problem " City trap " in settle, cooperates with the science and engineering university south of R.O.C., Hubei the science and engineering university development section grinds, the year of on stream produces 50,000 high and strong and colorful manhole cover of compound material, water grate, the year produces 150,000 even meters the high and strong and colorful tree of pattern of landscape of round the trench the blind flange, low cost substitution iron no burn brick 、building block produce with the stock, the new uses the stock with the cargo, diseases of compound material road cage、 protective cage of pattern of landscape, the low cost site the photocopy to model the culture bricks, the productive capacity of the set grasses bricks, curb stone, compound calcium silicate culture stone, careful choose to anticipate, set the new formula, amalgamation can seconded client the necessity designs the build, color, pattern sign, green environmental protection, and hue saturation, the texture is delicate, the employment put together economic effects, social performance is very addicted.

公司自成立之初即以研发、生产及推广新型材料及替代铁、替代木材产品材料为己任，立志于推动中国材料资源替代、替代铁、木材行业的发展，并从解决当前"城市陷阱"这一问题出发，与华南理工大学、湖北理工大学开展科研合作，投产年产5万套景观型高强彩色复合材料检查井盖、雨箅，年产15万平米景观型高强彩色树围沟盖板，低成本代铁免烧、砖砌块生产用托盘，新型商用货用托盘，景观型复合材料道路隔离栏、护栏，低成本现场压印成型文化路面砖，植草砖、路沿石、复合硅酸钙文化石的生产能力，严谨选料，创新配方，并可根据客户需要设计造型、颜色、图案标志，绿色环保，而且色彩饱和，质感细腻，使用综合经济效益、社会效益很好。

Certainly have not suffered loss, Li is a former British Hong Kong government is one of Li Ka-shing is indeed business Wizards, in the case of real estate are constantly rising had considered restructuring and the transfer of assets, has bought some foreign quality assets, telecommunications companies such as Germany orange shares, the New Jersey ports, the Panama Canal shares, and Hong Kong Cyberport aggressively into the building, will tentacles stretching the transformation and upgrading of telecommunications, Li Ka-shing is the only person in his fox, and many people are of the view that is Li and the former British Hong Kong government to give them weaving a better future, a beautiful dream, and Tung took office play his body more healthy, more destructive power of the strong characteristics of this beautiful dream hit a smash, this is one is caught, the onlookers-to the real estate collapse of the responsibility of all to Mr Tung who is totally unjustified, Although Mr Tung to the mainland, Beijing has followed some acts are in the eyes of some people, but to objectively evaluate, Dong is a honest kind of person, he is inadvertently let Tianzao point that the arrival and the day is certainly coming, the night time, the more devastating losses, Originally, the intention is that Mr Tung real estate prices trend eased, and then the case now almost Shanghai, prices every quarter on a 20% increase, almost all Hong Kong people have been crazy, and just opened a new development, the stage has long been ranked team to effectively alleviate this situation, the new SAR government changed in the past starvation effect of land supply policy, a substantial increase in the level of land supply in order to stabilize high land prices, while the Yuen Long, New Territories into the new City of mass construction, the expansion of public housing, housing construction plan (equivalent to our low-cost housing, economic applicable housing), if no major accident These measures should ensure that real estate to landing, but nobody thought that 98 years of financial turmoil, Hong Kong dollar devaluation Suoluosiming gambling, but the call foul silent do real estate, stock market doing transactions, the use diversionary tactics tactical let him return home with a full load, although the SAR government have been successfully defend the Hong Kong dollar does not depreciate, but the housing market and stock market watch.

当然也有没受损失的，李嘉诚算一个，前港英政府也算一个，李嘉诚不愧是商界奇才，在房地产不断攀高的情况下就已经考虑资产的转型和转移了，先后购买了一些外国的优质资产，如德国橙电信公司的股份、新泽西的港口、巴拿马运河的股份，并大张旗鼓地投入香港数码港的建设，将触角伸进香港电信的升级改造，李嘉诚做人方面堪称是只老狐狸，很多香港人都认为，是李嘉诚和前港英政府给他们编织一个美好的前程、一个美丽的梦，而小董上台后发挥他那身体越健壮、破坏力越强的特点，将这一美丽的梦击个粉碎，这正可谓是当局者迷、旁观者清，将香港房地产崩溃的责任全部归咎于董建华身上，是完全没有道理的，虽然董建华在靠近大陆、追随北京方面有些行为在港人眼里是过了一些，但客观地评价，董是一个老实厚道的人，他只不过是无意中让那一天早一点到来，而那一天是肯定会到来的，时间越晚，损失越惨重，本来董建华的初衷是希望房地产上涨的趋势有所缓解，当时香港的情形与现在的上海差不多，房价每隔一个季度就上涨20%以上，几乎所有的港人都为之疯狂，新楼盘刚开张，台前早已排起长长的队伍，为有效地缓解这一局面，新上任的特区政府一改以往饥渴效应的土地供应政策，大幅度地增加一级土地的供应，以平抑高昂的地价，同时宣布元朗、新界等新城区进入大规模建设，扩大政府公屋、居屋营建计划（相当于我们的廉租房、经济适用住房），如果没有大的意外，这些措施应该能保证房地产的缓着陆，但谁也没想到，98年的金融风暴，索罗斯明赌港币贬值、暗里却大做不动产、股市空头交易，这一声东击西的战术让他满载而归，虽然特区政府成功地实现了捍卫港币不贬值的目标，但香港的房市、股市从那一刻起，一败涂地。

Subindex as the proxies of the stock price.The results show that(1) there is no long equilibrium relation between the stock price and the performances of the listed companies,that means the movements of ...

研究发现：①股票价格与上市公司业绩变化之间不存在长期均衡关系，说明股票价格不反应上市公司业绩；②沪市指数和深市指数之间存在长期均衡关系，并且沪市指数是深市指数的G ranger成因；③沪市上市公司净资产收益率和深市上市公司净资产收益率之间存在长期均衡关系，不论是从长期还是短期来看两者都呈同向变化关系。

More people no longer take into account the "stock market risk, investment need to be cautious," resolutely opted for the stock market for gold.

更多的人不再顾及"股市有风险，投资需谨慎"，毅然选择了股市淘金。

The closing of any purchase occurring under this Agreement shall occur no later than thirty (30) days after expiration of the time period specified in subparagraph above for a party to obtain financing to purchase the Stock, or in the case of a purchase by the Offeror pursuant to the second unnumbered paragraph of above, within thirty (30) days after expiration of the time period for the Offeree's election whether to purchase the Offeror's Stock.

截止发生任何购买本协议项下应在不迟于期满后30天的时间内指定项以上的一方获得资金购买股票，如果是购买要约根据第二个未编号的段落以上，后30天内到期的时限要约的选举是否购买要约的股票。

According to the emprical results,we draw this conclusion that there is a bi-directional casuality between A and B shares volatility in Shanghai stock market,while there is no evident and reliable Granger-casuality between A and B shares volatility in Shenzhen stock market.

本文利用时间序列分析中的格兰杰因果关系检验法对中国证券市场A、B股的波动性进行分析，发现上海市场A、B股的波动间存在双向因果关系，而深圳市场A、B股的波动间则不存在显著可信的因果关系。

And Pharaoh spoke to Joseph, saying, Your father and your brothers have come to you.

47：5 法老对约瑟说，你父亲和你弟兄们到你这里来了。

Additionally, the approximate flattening of surface strip using lines linking midpoints on perpendicular lines between geodesic curves and the unconditional extreme value method are discussed.

提出了用测地线方程、曲面上两点间短程线来计算膜结构曲面测地线的方法，同时，采用测地线间垂线的中点连线和用无约束极值法进行空间条状曲面近似展开的分析。