查询词典 securities trading

On Monday, 3 August 2009 if in the reasonable opinion of the Underwriter: the success of the Rights Issue would be materially and adversely affected by: the introduction of any new law or regulation or any change in existing law or regulation (or the judicial interpretation thereof) or other occurrence of any nature whatsoever which may in the reasonable opinion of the Underwriter materially and adversely affect the business or the financial or trading position or prospects of the Group as a whole; or the occurrence of any local, national or international event or change, whether or not forming part of a series of events or changes occurring or continuing before, and/or after the date hereof, of a political, military, financial, economic or other nature (whether or not ejusdem generis with any of the foregoing), or in the nature of any local, national or international outbreak or escalation of hostilities or armed conflict, or affecting local securities markets which may, in the reasonable opinion of the Underwriter materially and adversely affect the business or the financial or trading position or prospects of the Group as a whole; or any material adverse change in the business or in the financial or trading position of the Group as a whole; or any material adverse change in market conditions (including, without limitation, a change in fiscal or monetary policy or foreign exchange or currency markets, suspension or restriction of trading in securities) occurs which in the reasonable opinion of the Underwriter makes it inexpedient or inadvisable to proceed with the Rights Issue; or the Prospectus or announcements of the Company published since the date of the Underwriting Agreement when published contain information (either as to business prospects or the condition of the Group or as to its compliance with any laws or the GEM Listing Rules or any applicable regulations) which has not prior to the date hereof been publicly announced or published by the Company and which may in the reasonable opinion of the Underwriter is material to the Group as a whole and is likely to affect materially and adversely the success of the Rights Issue or might cause a prudent investor not to accept the Rights Shares provisionally allotted to it, the Underwriter shall be entitled by notice in writing to the Company, served prior to the Latest Time for Termination, to terminate the Underwriting Agreement.

务请注意，倘包销商合理认为，则包销商可于二零零九年八月三日下午四时正前，随时向本公司发出书面通知，终止包销协议所载的安排：供股之成效将因下列事项而受到重大不利影响：引入任何新法律或法规，或现行法律或法规有任何改变，或发生包销商合理认为可能对本集团整体业务或财务或贸易状况或前景构成重大不利影响之任何性质之其他事件；或发生任何本地、全国或国际的政治、军事、财务、经济或其他性质（不论是否与上述任何事件同类）之事件或变化（不论是否于本公布日期之前、当日及╱或之后发生或延续之连串事件或变动之一部分），或任何本地、全国或国际性之敌对行为或武装冲突爆发或升级，或发生会影响本地证券市场的事件或变化，且包销商合理认为该等事件或变化可能对本集团整体业务或财务或贸易状况或前景构成重大不利影响；或本集团整体业务或财务或贸易状况出现任何重大不利变动；或市场状况发生任何不利变动（包括但不限于，财务或货币政策或外汇或货币市场的任何变动、证券买卖暂停或受到限制），而包销商合理认为该等变动很可能使进行供股变得不宜或不智；或本公司于包销协议日期后发出之章程或公布载有于本公布日期前本公司未公开发布或刊发之资料（不论关于本集团业务前景或状况或本集团遵守任何法律或创业板上市规则或任何适用法规的情况），而包销商合理认为该等资料可能对本集团整体而言属重大，并很可能对供股的成效构成重大不利影响或可能导致审慎投资者不接纳获暂定配发的供股股份，则包销商可于最后终止时间前，向本公司发出书面通知终止包销协议。

From the frequent focus of the birth of trading funds dormant regional analysis, it seems that more capital funds are better at reading the policy fundamentals, Hangzhou, China Merchants Securities Sales Department湖墅South, Choi Dong-hui North Wenling Securities Sales Department and Bohai Securities in Shenzhen Fuk Road and other business department veteran capital appeared to promote the focus of cement and construction shares trading heavily quarterage area, and it is regrettable that a large number of troops quarterage seats Fund seems to wait and see more action.

似乎更多的资本金更善于阅读的政策基础，杭州，中国招商证券营业部湖墅南，崔东辉北温岭市证券营业部和渤海在深圳福道及其他业务部门资深资本证券似乎促进水泥和建筑股交易重驻屯领域的重点，这是令人遗憾的是，大批基金似乎观望驻屯席位更多的行动。

SSE trading information display, the day before to buy 5 seats are Biaohan style of death squads, Everbright Securities Ningbo to the liberation of South Total 26,797,200 yuan in the first place, followed by the letter of the country there are nine self-composed Road Shenzhen Securities, CITIC Securities News Road, Shenzhen, CITIC gold-chemical Yiwu Road, Guangzhou Guoxin Securities Dongfeng Road, and sold for the Top 5 are the seats in the body.

上证所交易信息显示，前一天买5个席位，是行刑队Biaohan作风，光大证券宁波南共2679.72万头解放人民币举行，由国家信后有9泰然路深圳证券，中信证券新闻路，中信金深圳，义乌市化工路，国信证券广州东风路，及出售的前5个席位中身体。

Data show that the trading volume on the main hot money did not show a marked decline, and on December 3, 4 significantly enlarge the volume, Shanghai and Jiangsu Guotai Junan the most obvious way to enlarge transactions, 3 amounted to 419,000,000 yuan transactions, 4 more Is 7.5 billion, two-day net buying 204 million, on the 5th of the main transactions are as follows: Chinese iron 110,000,000 yuan to buy, sell 112 million Tebian Electric 031,000,000 yuan to buy, sell 018,000,000 yuan, CITIC Securities 031,000,000 yuan to buy, sell 039,000,000 yuan, the Industrial and Commercial Bank bought 110,000,000 yuan; and as the "suicide squad leader," the Soochow Hangzhou Wenhui Road in the near future on the relatively slow growth in the volume of transactions, mainly trade: CITIC Securities 049,000,000 yuan to buy, sell 125 million, in the Second Railway Board 110,000,000 yuan to buy, sell 027,000,000 yuan, Haitong Securities 036,000,000 yuan to buy, sell 051,000,000 yuan, China Ping An bought 158,000,000 yuan .

数据显示，在主热钱交易量没有出现明显下降，12月3日，4体积显着扩大，上海，江苏国泰君安的最明显的方法扩大交易，三达4.19亿元的交易，4更多的75亿美元，为期两天的净买入2.04亿，在主要交易第五如下：中铁一一〇〇〇〇〇〇〇元购买，出售1.12亿特变电工0.31亿元购买，销售0.18亿元，中信证券0.31亿元的购买，出售0.39亿元，工商银行收购了1.1亿元，并作为"自杀班长"，东吴杭州文晖路在不久的将来，主要是贸易上的交易量增长相对缓慢：中信证券0.49亿人民币购买，出售1.25亿美元，在第二次铁路局1.10亿元购买，销售0.27亿元，海通证券0.36亿元购买，销售0.51亿元，中国平安购买一点五八零亿元。

The results are consistent with the interpretation that positive intangible information tends to trigger institutional herding on the buy side.3. The securities Investment Funds act as momentum traders in bear market while as contrariant traders in bull market. Further analysis reveals that momentum trading by investment funds intensifies stock return momentum but stock price experiences a long-term reversal. It indicates return momentum results from mispricing instead of risk. The securities Investment Funds hamper market efficiency when they act as momentum traders.4 Both momentum trading and herding behavior intensify market anomalies and hamper market efficiency. However, momentum trading or herding behavior is the only one of the many aspects of the institutional investor.

第三，机构投资者的动量交易行为会加重了股票收益惯性，这一结论在分别控制股票规模、账面市值比因素后仍成立，并且机构投资者对股票的动量交易行为越强烈，股票收益的惯性也越明显，说明机构投资者具有影响股票价格的能力；进一步的分析表明，惯性利润在长期均实现反转，但反转的周期和程度受动量交易指标值的影响，股票动量交易程度越高，动量收益反转越强烈，反转周期越短，这表明机构投资者的动量交易行为使股价严重偏离其基础价值，在长期，股票价格不断调整逐渐靠近其基础价值，因此可以说，机构投资者对股票的动量交易行为会加重股票收益惯性和阻碍市场效率。

According to an authoritative source, has been submitted to the Supreme People's Court "Securities Act" proposed draft judicial interpretation "on hearing the Securities infringement dispute case provides a number of", proposed the abolition of the Chief of the Securities infringement litigation Pre-procedure, and insider trading, market manipulation and other violations of securities are included in the scope of the lawsuit can be filed Dec.

据权威人士透露，已经提交给最高人民法院&证券法&提出了关于审理证券侵权纠纷案件的司法解释&，提供了&的号码，建议取消对证券侵权诉讼前行政，程序，内幕交易，操纵市场和其他违反证券是在诉讼的范围包括可申请（12月9日，根据&中国证券报&）。

Authoritative sources yesterday disclosed that have been submitted to the Supreme People's Court "Securities Act" proposed draft judicial interpretation "on hearing the Securities infringement dispute case provides a number of", proposed the abolition of securities infringement litigation front administrative procedures and insider trading , To manipulate the market and other securities violations are brought into the can.

证券取消原先民事诉讼据报道，最高法院的建议权威昨日透露，已经提交给最高人民法院&证券法源&提出的审理证券侵权纠纷案件的司法解释草案&提供了&的号码，提出了证券侵权诉讼前和行政程序取消内幕交易，操纵市场，和侵犯其他证券被带入可以。

In the early period of China's securities market, margin trading and securities lending business already exists, but because of securities companies at the time of self-binding serious shortage of financial supervision and management abilities, margin trading and securities lending business has not carried out to achieve perfect price formation mechanism of the active market The purpose, it led to the stock market bubble, increased the financial system as a whole systemic risks.

在中国证券市场，保证金交易和证券借贷业务已经存在初期，但由于证券公司在时间自我约束力的金融监管和管理能力，保证金交易和证券借贷业务严重不足，没有进行到实现完美的价格形成机制，活跃市场的目的，这导致了股市泡沫，增加整体系统性风险的金融体系。

And we understand that some of the first trial is expected to sprint qualification of the securities, according to its own characteristics have long pair of margin trading and securities lending business and understanding, develop their own pilot programs, they have been Securities and Futures Commission to make the starting line waiting for release.

我们认识到一审一些预计冲刺的证券从业资格的，根据自身特点有保证金交易和证券借贷业务和理解裤，发展自己的试点，他们有被证券及期货事务监察委员会，使起跑线等待释放。

It analyses the theory of securities legal system, securities issuing and trading cross-border, the basic structure of the securities market and its operation, legal actions, prohibiting actions and imputations related to securities, and philosophical thoughts on securities law....

在研究目的上，笔者进行了对不同的证券监管制度的比较、评价，得出了结论性认识，此外，针对我国证券市场国际化的发展态势，还提出了一些前瞻性看法。

With Death guitarist Schuldiner adopting vocal duties, the band made a major impact on the scene.

随着死亡的吉他手Schuldiner接受主唱的职务，乐队在现实中树立了重要的影响。

But he could still end up breakfasting on Swiss-government issue muesli because all six are accused of nicking around 45 million pounds they should have paid to FIFA.

不过他最后仍有可能沦为瑞士政府&议事餐桌&上的一道早餐，因为这所有六个人都被指控把本应支付给国际足联的大约4500万英镑骗了个精光。