查询词典 share option

Option to purchase ordinary share or bond of a particular company, usually purchased by bondholder wanting to participate in profit growth of that company.

一种购买某公司的普通股或公司债券的选择权，通常是由想分享该公司利润增长的债券持有人所购买。

If the trustee shall exercise such option to purchas e, they shall hold the beneficial interest thereof for the benefit of all the remaining trust certificate holders who shall, upon days' notice given by the trustee before exercising such option, contribute their respective proportionate share of the purchase money to be paid by the trustee.

如果董事行使了购买权，他们应当为了所有剩余的信托证书持有者享有其中有使用权的利益，信托证书持有者应当基于董事提前几天发布的通知，在行使选择权之前，将购买他们个人持有的成比例的股票的资金交给董事。

CAPITAL STRUCTURE During the Year, the Company issued 6,449,000 new shares (2007: 9,021,000 shares) for cash under the Company's employee share option scheme.

资本结构本年度根据本公司雇员认股权计划，本公司以现金为代价发行6，449，000股新股（二零零七年：9，021，000股）。

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。

As at 28 February 2009, the number of shares issuable under options granted pursuant to the 2003 Share Option Scheme was

截至2009年2月28日，根据2003年购股权计划授出之购股权可予发行之股份数目为3，587，500股，占本公司当时已发行股本约1.72%。

Security" means any note, stock, treasury stock, security future, bond, debenture, evidence of indebtedness, certificate of interest or participation in any profit-sharing agreement, collateral-trust certificate, preorganization certificate or subscription, transferable share, investment contract, voting-trust certificate, certificate of deposit for a security, fractional undivided interest in oil, gas, or other mineral rights, any put, call, straddle, option, or privilege on any security (including a certificate of deposit) or on any group or index of securities (including any interest therein or based on the value thereof), or any put, call, straddle, option, or privilege entered into on a national securities exchange relating to foreign currency, or, in general, any interest or instrument commonly known as a "security, or any certificate of interest or participation in, temporary or interim certificate for, receipt for, guarantee of, or warrant or right to subscribe to or purchase, any of the foregoing.

参见笔者文章，《美国&公司&的主要经营组织形式及法律特征分析》，&corporation&与&Company&在我国虽然都被翻译为&公司&，但它们在英文中却是两个完全不同的概念。

Different from western countries, Chinese companies have to meet the great innovation of expensing stock option at the birth of employee stock option pla This thesis will illustrate the accountancy handles of stock option plan under CAS No.11 Share-based Payment.

与国外经理人股票期权制度的发展不同，我国的股票期权制度在建立初期就必须面对新准则中对于期权费用化处理的巨大变革。

FINAL DIVIDEND FOR THE YEAR ENDED 30 JUNE 2009 OF HK$0.21 PER SHARE, AND AS TO HK$0.01 PER SHARE WILL BE PAID IN CASH,AND AS TO HK$0.20 PER SHARE IN THE FORM OF SCRIP DIVIDEND WITH CASH OPTION.

截至2009 年6月30日止年度之末期股息每股 0.21港元，其中每股 0.01 港元将以现金支付，其余每股 0.20 港元，会采取以股代息，惟股东可选择收取现金

FINAL DIVIDEND FOR THE YEAR ENDED 30 JUNE 2006 OF HK$0.20 PER SHARE, AND AS TO HK$0.01 PER SHARE WILL BE PAID IN CASH,AND AS TO HK$0.19 PER SHARE IN THE FORM OF SCRIP DIVIDEND WITH CASH OPTION.

截至二零零六年六月三十日止年度之末期股息每股港币二角，其中每股港币一仙将以现金支付，其余每股港币十九仙，会采取以股代息，惟股东可选择收取现金

If the Final Stock Price on the Final Fixing Date is below the Reference Stock Price, where the Share Purchase Option is not exercised, a cash amount equal to the Final Stock Price multiplied by the Number of shares per ELI, less Cash Settlement Expenses. or, where the Share Purchase Option is exercised or is deemed to have been exercised, physical delivery of the Number of Shares per ELI (subject to payment of the Physical Settlement Expenses). If there is any Odd Lot Shares, instead of physical delivery of such Underlying Stock, ELI holders will be entitled to receive a cash amount calculated in accordance with the Condition 6.

倘最终股价於最终定价日低於参考股价，倘购股选择权并无被行使，指相等於最终股价乘以每份股票挂钩投资的股票数目的现金金额，再减现金结算费用。；或倘购股选择权被行使或被当作已被行使，指实物交付每份股票挂钩投资的股票数目如有任何不足一手股票，则股票挂钩投资持有人将有权就该等不足一手股票收取一个根据细则第6条计算的现金金额，而不会以实物交付该挂钩股票。

The labia have now been sutured together almost completely.The drains and the Foley catheter come out at the top.

此刻阴唇已经几乎完全的缝在一起了，排除多余淤血体液的管子和Foley导管从顶端冒出来。

To get the business done, I suggest we split the difference in price.

为了做成这笔生意，我建议我们在价格上大家各让一半。