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Based on modern option pricing theories,Black-Scholes and Merton option pricing model are used to study the pricing of the structured products,and its design,characteristics and risk are studied respectively.Based on Black-Scholes and Merton option pricing models,I also use the checking method to estimate the parameters of the model following real prices data,And calculate the theoretical price.Then,I compare the real and theoretical prices of the two pricing models.The results show that the effects of the Merton option pricing model are superior to the Black-Scholes option pricing model.Moreover,It shows that Hong Kong stock prices are also affected by the instant messages,and the jump phenomenon may exist in Hong Kong stock market.

本文以香港衍生品市场上三种主要结构性产品结构性票据、牛熊证和衍生权证为例，探讨了结构性产品的设计、特点、风险和定价，以现代期权定价理论为基础，以B-S和Merton两种期权定价为基础，根据市场价格经过校验得出模型隐含的参数，编程计算出两种定价模型下的理论价格，并将其实际价格和理论价格进行了比较，结果显示：Merton定价模型的效果要优于Black-scholes定价模型，说明香港市场的股票价格也可能受即时信息的影响，存在跳跃现象。

This course mainly contents real number muster and function, limit of number sequence, limit of function, continuity, derived number and differential, differential mean value theorem and its application, completeness of real number, integral, series(including positive series and Fourier series), multiple- differential, double integral, integral with parameter, curve integral, camber integral and so on.

理解和掌握《数学分析》的概念、理论和方法，对于学生加深理解数学的基本思想和方法，培养抽象思维能力和逻辑思维能力，提高数学素养具有重要的意义。主要内容包括：实数集和函数，数列极限，函数极限，连续性，导数和微分，微分中值定理及其应用，实数完备性，积分、级数(包括幂级数、Fourier级数)、多元微分学、重积分、含参变量积分、曲线积分、曲面积分等。

To eligible enterprises engaged in real estate development and real estate projects, we must continue to intensify credit support.

对符合条件的房地产开发企业和房地产项目，要继续加大信贷支持力度。

In Germany real estate market, a large number of active real estate intermediary.

在德国房地产市场，有大量的活跃的房地产中介。

Real estate intermediary services is accompanied by the development of China's real estate market resulting from and developed.

房地产中介服务是伴随着我国房地产市场发展而产生、发展起来的。

If this is really the role of financial intermediation will be China's capital market funding the introduction of the real estate industry, we can solve the problem of financing real estate projects, but also can reduce the burden of bank loans and risks.

如果真的是这样的发挥金融中介的作用将是中国资本市场的资金引入房地产行业，我们可以解决这个问题的融资的房地产项目，而且还可以减少负担，银行贷款和风险。

At present, the consumption structure of the people is a real estate development to upgrade the internal driving force, it is also an increase of the consumption of real estate opportunities.

目前，消费结构的人是房地产开发升级的内在动力，也是增加消费的房地产的机会。

After more than a year of deliberation, the World Bank Group International Finance Corporation IFC and Shanghai's largest real estate finance and information services business - Anjia Group recently announced by the Group of 200 Anjia million in equity investment, IFC completed a real estate mortgage industry in China's first strategic investment.

经过一年多的酝酿，世界银行集团国际金融公司国际金融公司和上海最大的房地产金融和信息服务企业-安家集团最近宣布的安家集团的200万美元的股本投资，国际金融公司完成房地产抵押贷款业的中国的第一个战略投资。

With the internationality of social and economy activities, the informationality of these activities, the integration of collaboration process, the organization form has experienced many changes. The real estate industry also has new characteristics. How to adapt to the changing external and internal environments, how to utilize the internal and external resources, improve the competition capability, enhance the competitive edge, become the main consideration of the real estate companies.

随着社会经济活动的国际化、活动方式的信息化、合作过程的集成化发展，企业的组织形态也发生了很大的变化，房地产行业也有了新的特点，如何适应内外环境的变化，整合利用好企业的内部和外部资源，提高企业竞争力，增强企业竞争优势，就成为房地产开发企业关心的核心问题，相应地房地产行业将出现几种新的企业模式。

The interposition of foreign funds will effectively solve the problem of lack of funds in real estate, accelerate the fast development of real estate.

入世"后外资的介入，将有效地解决制约房地产业资金不足的问题，促进房地产业的快速发展。"

And discuss some key point of integrated management system design, include hazard identification and risk assessment and risk control in the occupational health and safety management, the measure of satisfaction target of customer, the flawlessness of law system, the integration of the integrated management system and enterprise standardization system, unify lead institution and work orgnization, integreted internal audit and integrated management review.

同时，论述了一体化管理体系构建中的几个主要问题，包括职业健康安全管理中的危险源辨识、风险评价和风险控制、顾客满意度的科学监测、法律、法规体系的完善、一体化管理体系与企业标准化体系的有机结合、统一的领导机构和工作机构、一体化的内部审核和管理评审。

Deepwater Taranaki is investigated for its petroleum potential, using all available seismic data tied to shallow-water wells.

运用与浅水井相关的现有全部震波探测数据考察了深海区塔拉纳基盆地的油藏前景。