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Pakistani Law in Hong Kong and China Securities research head of Owen said that although the global economy and the Mainland economy continued to slow down, it is believed that the bear market in the financial markets, the most difficult period is about to end, expected in the next 12 months will be volatile Reduced, but will continue to bear market in the state.

巴基斯坦法律在香港和中国证券研究部主管欧文表示,虽然全球经济和内地经济持续放缓,但相信在金融市场的熊市,最困难的时期即将结束在未来12个月,预计将波动减少,但将继续承担在该州的市场。

Cinda Securities pointed out that the "policy in 2008 the stock market overall bearish side," management believes that in 4300 when the stock market on concerns about risk.

信达证券指出,在2008年"政策股市总体利空的一面,"管理层认为,在4300时,就对股市风险的担忧。

Bill broker s system is the important content of security system, and is one of the important sign of the ripe degree of securities market too.

证券经纪人制度是证券经纪制度的重要内容,也是证券市场成熟程度的重要标志之一。

Bill broker system plays a extremely key role in the developed country and contribution, Believe in in the future China s securities market, broker system mode become major strength of market competition.

证券经纪人制度在发达国家起到了极为关键的作用与贡献,相信在未来的中国证券市场,经纪人制度模式将会成为市场竞争中的主流力量。

Bill broker system plays a extremely key role in the developed country and contribution, Believe in in the future Chinas securities market, broker system mode become major strength of market competition.

证券经纪人制度在发达国家起到了极为关键的作用与贡献,相信在未来的中国证券市场,经纪人制度模式将会成为市场竞争中的主流力量。

Bill broker"s system of our country has a lot of questions, mainly: Bill broker system law, regulation, management organization and functionare imperfect in construction; The current operation mode is backward, is difficult to meet the development of network economy and securities market; Besides, bill broker" s incentive mechanism, management system of inside and risk management are serious defect and insufficient.

我国证券经纪人制度建设目前存在许多问题,主要有:证券经纪人制度法律、法规和管理机构、职能建设不健全:现行运作模式落后,难以适应网络经济和证券市场的发展;同时,在证券经纪人激励机制、内部管理制度及风险管理方面均存在严重的缺陷和不足。

So, the main tasks of bill broker" s system construction in our country are: sound and perfect relevant law, regulation, management organization and function about bill broker system, make the concept of the bill broker clear, confirm its status legally is especially important at present, and pay attention to integrating with the world; Strengthen entering system management and independent management of the security broker, perfect the structure and function of self-organized system by oneself; To the future transform trend of our broker mode of securities market mode from traditional type to "network manager","bill broker manager" and "fund manager", We should pay attention to setting up perfect management mechanism of risk and inside management system of bill broker"s system even more, enforce the financial rule, expand the scope of business, setting up systematic, perfect risk preventive and controlling system; To be strict in registration system of bill broker representative and qualification, guarantee professional quality and good quality of our bill broker representative team, pay attention to studying and using the rational incentive mechanism, strengthen the cultivation and development of bill broker representative team.

因此,我国证券经纪人制度建设的主要任务是:健全并完善有关证券经纪人制度的法律、法规、管理机构及其职能,明确我国证券经纪人的概念,确定其在西安理工大学硕士学位论文法律上的地位,并注重和国际接轨;加强证券经纪商的准入制度管理和行业自律制度建设,完善自律组织的结构和功能:针对未来我国证券市场经纪模式由传统型向"网络经纪"、"证券经纪人经纪"和"基金经纪"转化的趋势,我们更应该注重建立完善、科学的证券经纪人制度的风险管理机制和内部管理制度,严格财务制度,扩大业务范围,建立系统、完善的风险预防和控制体系;严格证券经纪代表的注册制度和资格审查,保证我国证券经纪代表队伍的专业素质和良好品质,重视研究和应用合理的激励机制,加强证券经纪代表队伍的培育和发展。

Then Hualin Securities Research Institute, deputy director of the Liu's survey article," In 2003 the state's tax department to carry out tax reform, the banking business tax rate From 5% to 3%, it has never fully implemented because the bank is a local business tax the bulk of the tax on local revenue a greater impact on bank profits at the same time it also has great influence, such as sales tax in 2004, accounting for listed banks set aside Bizen an average of 20% of the profits, net profit of more than 30%, the domestic banks to lower the tax burden has been higher voice."

然后华林证券研究所,刘的调查文章,在2003年"副主任国家税收部门进行税制改革,银行业务由5%税率3%,但从来没有充分执行,因为银行是本地的营业税对地方收入税的大部分银行的利润就更大,同时它也有很大的影响,如2004年的销售税,对上市会计的影响备前银行预留了20%的利润,平均超过30%的净利润,在国内银行降低税负却远的声音。"

If people in the industry believe that the introduction of margin trading and securities lending business, the Shanghai and Shenzhen 300 constituent stocks of some blue chips are expected to benefit.

如果业内人士认为,保证金交易和证券贷款业务,在上海和深圳300的一些蓝筹股的成份股的引进将受益。

Because of the Federal Accounting Standards Board's mark-to-market 157 rule, Wall Street had to write off the lower value of these securities and raise more capital, diluting shareholders.

由于联邦会计标准委员会有关"市场决定价格"原则的157条规定,华尔街不得不减记这些较低价格的有价证券并增加更多的资本金,稀释股东。

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