查询词典 stock investment

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。

Jiang Fan Chongqing in mainland stock index futures through investment companies and research and design center in China's securities markets China stock index futures research center founded in 1995, including investment of Chinese enterprises and a big business in the domestic financial investment.

在大陆通过重庆江帆股指期货投资公司与中国证券市场研究设计中心中国股指期货研究中心于1995年创立，投资对象包括中国企业及在国内拥有庞大业务的金融投资。

Content abstract: The article from the job category, the investment originated, the operational mechanism three aspects to differentiate and to limit the public welfare and the commercial character two kind of heterogeneity geological work; Has analyzed the geology surveying work reform background, has been clear about the reform guiding principle; Has analyzed under the traditional system the geology surveying work existence malpractice, reviewed the former reform measure; Based on this, the major issue three aspects which from the organization, the operational mechanism and must solve establishes the land resources big investigation the new system, the new mechanism; Finally, the author believed that what the deepened commercial character geology work reform is most essential cultivates the geological minerals Investment company, namely, on the one hand expanded geology investigation investment origin, on the other hand the cultivation geology investigation's subject of investment, and must strive for stock going on the market positively, widely uses the social fund, the reform commercial character geology work operational mechanism.

内容摘要：文章从工作性质、投资来源、运行机制三个方面区分和界定了公益性和商业性两类不同性质的地质工作；分析了地质勘查工作改革的背景，明确了改革的指导思想；分析了传统体制下地质勘查工作存在的弊端，回顾了以往的改革措施；在此基础上，从机构、运行机制和必须解决的重大问题三个方面建立国土资源大调查的新体制、新机制；最后，作者认为，深化商业性地质工作改革最关键的是培育地质矿产投资公司，即，一方面扩大地质勘查的投资来源，另一方面培育地质勘查的投资主体，并要积极争取股份上市，广泛利用社会资金，改革商业性地质工作的运行机制。

Since our focus is on the relationship between corporate investment and earnings quality, this paper reviews related literature in this research field about measurement of earnings quality, corporate investment and investment efficiency, which concise analysis and discussion are also undertaken for corresponding literature, and chapter 3 tries to find theoretical evidence that accounting information can improve the investment decision-making and investment efficiency.

首先回顾了盈余质量、企业投资和投资效率的衡量方法，在此基础上，对国内外近期盈余质量与企业投资规模和企业投资效率的文献进行了回顾和简要的述评。

Fictitious capital experienced four periods during its formation and development,investing loans, initial security investment, security capital investment and derivative,investment and developed step by step. The formation of the fictitious capital anddevelopment is not only the development of the fictionalization of the investment, butalso the multiple expansion of the investment. In this course, fictitious capitalsachieve its social value and became a social capital.

虚拟投资伴随着虚拟资本的形成和发展经历了投资性贷款——原生证券投资——证券化资产投资——金融衍生品投资四个阶段而逐渐发展起来，它的形成和发展过程是投资虚拟化不断发展和深化的过程，是虚拟资本倍乘式地扩张的过程，也是虚拟资本走向社会价值和社会资本的过程。

Results show that there are four characteristics, three advantages and four disadvantages in Yunnan investment environment. And we may divide investment environment of Yunnan province into four classes, three areas and three types. Therefore, optimizes on its investment environment should be well considered and planed as a whole. Therefore, people should put emphases on optimizes of human geography investment environment system, and treat differently on regional investment environment, and improve the occasion.

研究结果显示，云南省投资环境具有四个特点、三大优势和四项弱势，可以分为四个等级、三个区域和三种类型，对其投资环境的优化应该在全面考虑、统筹安排的基础上，以人文投资环境系统的优化为重点，对地区投资环境优化则应区别对待、因势利导。

Returns from these investments, bank savings, the lowest investment income, only 2%-3%, but its risk minimization, and the best liquidity; bond investment income of about 3%— 5 percent, its risk, realized a long time; the real estate rental investment income of about 5%-8%, with less risk, but poor liquidity; investing in stocks or buy new real estate investment, their investment income about 10% or more, but they risk the most, there are too many uncertainties.

这些投资的回报，银行存款，投资收入最低，只有2％-3 ％，但其风险最小化，最好的流动资金；债券投资收益的约3％- 5点，风险，实现很长一段时间；房地产投资租金收入约5％-8 ％，且风险较小，但穷人的流动资金投资于股票或购买新的房地产投资，其投资收益约10 ％或更多，但他们最危险，有太多的不确定因素。

The paper consider actual conditions of Hebei , and carefully analyzied the questions in highway investment and financing. Considering of country investment and financing heavy policy environment, it proposes that Hebei should not stay the highway investment and financings " wait for, by, take ", relying on governmental investment simply, but should fully give play to the role of capital market and financial market. In insist of the policy on " interconnected system loan interconnected system return ", attract social fund extensively, form the macroclimate that the society runs the traffic;Consider the highway assets of the whole province as a whole, make the financing scheme , vitalize the assets. Through capital market, take bid way, project jointlies operate, corporatization, shareholding system, try such ways as franchise operation ,etc. boldly in newly-built project. At the same time, devote more efforts to standing in the government"s policy to highway, set up the capital construction of highway development. Turn to capital market management focal point , investment and financing of management from project management, change direction " melt" from " throw ", open up with innovative idea dissolving enter road construction practice really, try some new financing methods boldly , only in this way , could arouse every side"s enthusiasm further , really open up the unexhausted source for the benign development of road construction of Hebei.

本研究报告充分考虑了河北省的实际情况，对河北省公路投融资工作中存在的问题进行了深入、细致的分析，针对目前国家在公路投融资大的政策环境，提出了河北省公路投融资不能停留在"等、靠、要"，单纯依靠政府投资上，而是应该充分发挥资本市场和金融市场的作用；在坚持省交通厅"统贷统还"的政策下，广泛吸引社会资金，形成社会办交通的大气候；将全省的公路资产统筹考虑，制定融资方案，将资产盘活：通过资本市场，采取招投标方式，将有条件的公路项目进行合资合作、公司化、股份制改造，新建项目大胆尝试特许经营等方式：同时加大政府对公路的政策支持力度，建立公路发展基建；将投融资管理的重点，从项目管理转向资本市场管理，从"投"转向"融"，把开拓与创新理念真正溶入公路建设实践，大胆尝试一些新的融资方法，只有这样，才能进一步调动各方积极性，真正为河北省公路建设的良性发展开辟不竭之源。

Gross economy increases times at highway investment construction by the function of investment multiplicator, but on calculating the investment multiplicator we often use the method of Keynes , this method is not adapt to calculate the investment multiplicator of highway investment.

公路投资建设过程中通过投资的乘数作用引起国民经济成倍的增长，但是目前计算投资乘数时普遍采用凯恩斯提出的算法，这种算法在计算公路建设投资产生的投资乘数时是不适合的。

WUVE's has specialized in news to plan, the agent issued the international media institutions - the United States and Europe Agency, regular hot spot for all the major investment of foreign investment in urban areas of shooting film, made into DVD and VCD, to overseas promotion, introduction of foreign investment projects the city, and the investment environment and tourism resources, attracting foreign investment in China.

WUVE 旗下有专业从事新闻策划、代理发布的国际传媒机构——美欧社，定期为各主要投资热点投资地区拍摄城市对外宣传片，制作成 DVD 和 VCD ，向海外宣传推广，介绍城市对外招商项目、投资环境和旅游资源，吸引外商来华投资。

Although translator has turned from being a crystal ball by which the original culture can unrestrainedly penetrate to another crystal ball by which the target culture can freely traverse, the translator's personal embodiment, in the process of cognitive act, are still absent in translation studies. Translators are still subjects without body or simply disembodied subjects.

译者虽然由原语文化可以自由穿透的玻璃球变成了译语文化可以自由穿越的玻璃球，但译者认知过程中的个体体验在翻译研究中依然缺席，译者依然仅仅是一个没有躯体体验的主体。

Chillingly, he claimed our technology is 'not nearly as sophisticated' as theirs and "had they been hostile", he warned 'we would be been gone by now'.

令人毛骨悚然的，他声称我们的技术是'并不那么复杂，像他们一样，和"如果他们敌意"，他警告说，'我们将现在已经过去了。