查询词典 point at issue

This issue of nontarget effects is just a black hole, and EPA has very little good data at this point to conclude whether the monarch butterfly problem is real, particularly in the long term.

他补充说，环保署会继续搜集数据，但是目前还没有证据显示这类农作物会对野外的昆虫造成"意想不到的恶果"。

There's not much evidence to weigh," notes Jane Rissler of the Union of Concerned Scientists."This issue of nontarget effects is just a black hole, and EPA has very little good data at this point to conclude whether the monarch butterfly problem is real, particularly in the long term.

证据根本就不够，"环保科学家协会的瑞斯乐指出，"基改作物对非目标生物的影响这个问题根本就是个黑洞，环保署目前握有的数据太少，根本无法判断大桦斑蝶的问题是否严重，更遑论长期的评估。

With the issue from a balcony rocket signal,"tomato war" came to an end. At this point,??

随着从一个阳台上发出的火箭信号，"番茄大战"宣告结束。

At this point, the index fund issue in the re-appearance after a year of stagnation.

在这一点上，在重新指数基金问题的停滞后，今年出现。

Because of asymmetric information, principal-agent issue is at the bottom of sepration of ownership and domination in modern stock corporation. From point of view of contract economics, modern stock corporation is a incompleteness contract between stock holder and handlers.

由于信息不对称，现代股份公司的"所有权和控制权分离"带来了委托代理问题，从契约经济学的角度看，现代股份制上市公司是一个股东与经理人之间的不完全契约。

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。

But the trend has gone too far, suggested David Morrison, an astronomer at the NBSB Bmes Research Denter in Moffett Field, Dalif., who made the YouTube video and is one of the agency's point people on the issue of Mayan prophecies of doom.

但戴维·莫里森认为，这种趋势太过火了，莫里森是英国国家航空航天局位于加利福尼亚莫非特基地埃姆斯研究中心的一位天文学家，他是航天局里有关玛雅人世界末日预言问题的出头人之一。就是他代表航天局在YouTube上发布相关视频的。

But the trend has gone too far, suggested David Morrison, an astronomer at the NBSB Bmes Research Denter in Moffett Field, Dalif., who made the YouTube video and is one of the agency's point people on the issue of Mayan prophecies of doom.

但戴维 only女装中文官网·莫里森认为，这种趋势太过火了，莫里森是英国国家航空航天局位于加利福尼亚莫非特基地埃姆斯研究中心的一位天文学家，他是航天局里有关玛雅人间界末日预言问题的出头人之一。就是他代表航天局在YouTube上发布相关视频的。

I read all that some can not believe her, though my family conditions may also be, but still can not come to that point where she just started to accept I can be over time, and I felt very uncomfortable, and Wolia one out, then the disparity would betray oneself, of course, that is definitely poor me, I do not know his own vanity at work, or it's jealousy, in this moment I had, had now to live with very good I also started feeling can not be complacent, and this issue in the end is out on me or her people?

我看了都有些不敢相信她，虽然我的家庭条件也可以，但仍不能到这一点，她才开始接受我可以随着时间的推移，我感觉很不舒服，Wolia一出，然后贫富悬殊会背叛自己，当然，这肯定是我差，我不知道他的工作，自己的虚荣心，或者是嫉妒，在这个时刻我，现在已经住在一起非常好，我也开始感到不能自满，这最后的问题是出在我和她的人民？

There is practically no issue of social significance in the American past that did not at some point end up in the nation's courtrooms, yet much of the workings of the constitution remain obscure.

事实上，在美国历史中大部分的社会焦点问题在不同程度上都是在法庭中结束的，然而宪法的不少部分至今模糊不清。

But we don't care about Battlegrounds.

但我们并不在乎沙场中的显露。

Ah! don't mention it, the butcher's shop is a horror.

啊！不用提了。提到肉，真是糟透了。