查询词典 speculate on the stock market

There is liquidity premium in the stock market that is to say, for compensate liquidity risk of illiquidity stock, the stock would sell at lower price and it would have higher return than higher liquidity stock.

理论上认为，在股票市场中，为了补偿持有流动性差的股票所面临的流动性风险，其预期收益率也比流动性好的股票高，即存在"流动性溢价"。

As with a large stock dividend, the purpose of a stock split is to reduce substantially the market price of the common stock, with the intent of making the stock more affordable to investors.

像大比例股票股利一样，股票分割的目的是大量降低普通股的市价，以使投资者购买更多的股票。

China"s stock markets had made a great progress after 14 years" development, their functions of financing, resource disposal, liquidity providing and company management bettering had got well exerted. This means the function efficiency had been improved.2.As for the market structure, operating method and regulations conditions, the participants" structure and quality had been increased fast, the transaction cost had been greatly reduced, and issuing and liquating method had become more fair and effective, the relative laws and regulations had been better and better, the operation efficiency had been improved.3.Compared with other stock markets, China"s stock markets" indexes had performed a good random walk property, which means that the pricing efficiency had been improved.4.Compared with other advanced markets in the world, by and large, on the basis of China"s rapid improvement on economy recently, China"s stock markets" efficiency was relatively low.

根据分析研究，本文的主要结论和观点如下： 1、中国股市14年来的发展取得了重大进步，其融资、资源配置、提供流动性以及改善公司治理等功能都得到了良好的发挥，功能效率程度得到提高； 2、从股市结构、运作机制和体制环境来看，股市主体的结构和质量有了快速提高，交易成本大大降低，发行和流通方式更加公平、有效，各项法律法规也不断得到完善，其运作效率程度得到提高； 3、与世界主要股票市场相比，中国股市指数的随机游走特性逐渐良好，说明14年来，中国股市定价效率得到了快速提高； 4、中国股市与世界先进市场相比，综合来看，考虑到中国股市的发展背景和近几年国民经济的快速发展，其效率还是较低的。

The paper consists of five parts. Firstly I carry on a review to the domestic and foreign scholars" research on the stock price manipulation, in the second part, the paper takes an objective analysis of the way in which china"s stock market is manipulated and the cause of the manipulation. In the third chapter, firstly I find that auto-correlation of time series of stock return and persistency of the GARCH model could be an index for speculative price by comparing the characters between the speculative price and non-speculative price presented by GARCH modeling, and then stick out that low β coefficient is an important symbol of stock price manipulation through empirical study.

本文的研究分五个部分，首先对国内外学者对股价操纵方面的理论和研究成果进行了回顾，在第二部分中结合中国股市的实际情况对中国股票市场的操纵手法及形成的原因进行了客观的分析，第三章首先通过比较非操纵价格与被操纵价格的时间序列GARCH模型的特点，证明被操纵价格存在序列相关，时变条件方差不稳定的特点，然后通过实证研究表明低贝塔系数是市场操纵过程中股价异动的重要标志。

Based on the information measurement of stock price published in authoritative economic journals and considering Tobin Q, cash flow, fundamentals, I choose the price-non-synchronicity in stock price as index of price informativeness in stock price and conduct the empirical analysis of the impact of stock market information content on corporate investment in china.

接下来，本文又针对这一模型，提出了可供检验的命题，借鉴国外权威经济学杂志对股票价格信息含量的度量方法，从股票市场信息含量的角度，对我国股票市场对上市公司投资的影响进行了实证分析。

Raw material respect: Of cooking benzene market rise benefit at price of upriver crude benzole go tall and of market of oil pure benzene pull move, at present manufacturer of most cooking benzene has not resume production, market supply of goods slants close, although partial manufacturer has certain stock, but the high priced stocks that before be a section more, lays in, cherish goods state of mind is greater, near future of oil pure benzene went tall to also provide a space for the attune on cooking benzene market, if later period of oil benzene market continues,take tall word, cooking benzene market still has the possibility that rise.

原料方面：焦化苯市场的上涨得利于上游粗苯价格的走高以及石油纯苯市场的拉动，目前多数焦化苯厂家尚未恢复生产，市场货源偏紧，虽然部分厂家有一定库存，但多为节前储备的高价货，惜货心态较浓，石油纯苯近期走高也为焦化苯市场上调提供了空间，若石油苯市场后期继续走高的话，焦化苯市场仍有上涨的可能。

Second, and constantly improve the capital market structure, and actively and steadily promoting the construction of multi-level capital market, improve the structure of listed companies, optimize the incremental adjustment of the stock, and further enhance the returns of investors of listed companies, improve the structure of investors, has continued to grow multi - team of investors actively promoting various types of funds into the market, and promote the coordinated development of various types of investors, such as fixed-income products, the company gradually expand the size of them in the market to satisfy market demand for a wide range of financing to promote stable operation of the futures market, further play to the functions of futures markets.

二，不断完善资本市场结构，积极稳妥地推进建设多层次资本市场，提高上市公司的结构，优化增量的股票调整，进一步提高上市公司的投资者的回报，改善投资者结构，继续拓展多-投资者团队积极推动进入市场的各种资金，促进各类投资者，例如固定收益产品，协调发展，公司逐步扩大规模他们在市场上满足了广泛的融资市场的需求，促进期货市场的稳定运作，进一步发挥期货市场的功能。

Moreover, Global Finance Market System is made up by the Exchange Market, Monetary Market, International Stock Market, International Gold market and Domestic Finance Market.

这些国际金融市场与国内金融市场联结在一起，构成世界金融体系。本论文将就国际金融市场及研究方法做一个比较详尽的综合论述。

Although the stabilization fund is not directly address the question of the size of the non-symptomatic, but if used for the benefit not only the direct intervention because of the size of speculative capital and non-malicious guest at the stock market caused by the abnormal fluctuations, but also through increasing Index heavyweight buy or hold the key to the size of some of the non-speculative selling and to stabilize the stock price, or let the market back to life after all the good opportunities and will be returned to properly resolve the issue of the size of the market in order to restore the function of orbit and re - Plastic confidence in the market start.

但如果用于受益，不仅是由于投机资本的规模和非直接干预，恶意住客股市造成的异常波动，而且也通过加强权重股购买或持有的部分非大小，投机性抛盘以及稳定股票价格，或者让市场恢复在所有的生活和良好的机遇的关键将返回到妥善解决了该市场的规模问题，以恢复轨道和重新功能-塑料在市场开始的信心。

Mature markets, the bond market and the stock market is often a seesaw, the stock market disaster must achievements bond hot, and now into the rate cut cycle, the relative rise in bond yields, and therefore more and more hedge funds seek to enter the bond market.

成熟的市场，债券市场和股市往往是跷跷板，股市灾害必须取得债券热，进入降息周期，债券收益率相对增加，因此越来越多的对冲基金现在试图进入债券市场。

He paid $5,000 for this cupcake.

他我这个纸杯蛋糕花了5000美元。

I mean, if you want to, that is

我的意思是，如果你们想吃的话。