查询词典 stock option

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。

Since the first open-end fund issue, there are 5th redemption, which also reveals more profound form of market phenomena causing open-end fund liquidity risk. In 2002, the open-end fund market was just established, in order to expand the size, many funds only attract institutional investors, and do not distinguish between investor by their liquidity preference. Under such single structure, institutional investors large size redemption will cause fund scale reduced significantly, which suffered huge losses. In 2003, as the Funds growth, more and more retail investors join in fund market and occupy a dominant position. Due to the lack of awareness of the fund market, they all use the concept of stock investment.

自开放式基金成立以来，中国历史上的5次赎回也更深刻的揭示了构成开放式基金流动性风险的市场现象。2002年为开放式基金成立初期，很多基金为了吸纳资本，扩大规模，只面向机构投资者融资，并且不区分投资者的流动性偏好，在这种单一的结构下，机构投资者的大额赎回就导致基金规模的锐减，从而遭受巨大损失。2003年，随着基金的发展，越来越多的散户介入其中并占据主导地位，由于缺乏对基金市场的认识，按照原有投资股票的理念投资基金，所以在低迷的股市稍有起色，基金稍有赢利时，就开始赎回，造成了多只基金净值的损失。2005年，保险行业可以直接入市，再加之逐渐回升的行情和基金公司高额的手续费，很多保险公司开始赎回持有的基金转而直接入市。

Through analysis and arrangement, the main points are listed as the following: First, the rule of power allocation of corporate organs related to compulsive rules should be directly manipulated under law, and those related to "autonomy of will" should be dealt with constitution mandated by the conference of shareholders, which should be stated clearly by law; Second, referring to the content of power allocation of corporate organs, the due difference allocation should be made for limited liability companies and joint stock limited liability companies respectively; Third, the law should confirm the theoretical and practical significance of the expansion of powers of the board of directors, which means division and re-arrangement of the company's powers; Forth, legislation should limit the dominant shareholders' rights in order to secure the automatic ability of company and improve the environment of corporate governance.

本文通过分析整理，得出主要观点如下：（1）公司机关权力配置规则，涉及属于公司"强行性"的规则应由法律直接规制，而属于"任意型"或"赋权型"的规则，可由股东大会授权以章程的形式解决，法律应明确确立该形式的合法地位；（2）针对公司机关权力配置的内容，法律应分别在有限责任公司和股份有限公司之间合理配置和差别配置；（3）董事会权力的扩大是公司权力的分化和权力内容的重新组合，法律应肯定其积极的实践意义和理论意义；（4）立法应限制控股股东的权力，充分保证公司的自治能力，从而改善公司治理结构环境。

Three-year development strategy in the group -"the gold industry for the first" goals and "three years to double production of" development tasks, the group mines the formation of three major plates platform: in order to focus on gold production plate joint-stock companies to improve internal ability to grow; to the construction of new projects, focusing on the production of gold plate, and constantly improve our production capacity of gold; to geological prospecting, mineral prospecting focus on the development of natural resources board, the expansion of resources.

在集团三年发展战略―"争黄金行业全国第一"的目标和"三年产量翻一番"的发展任务下，集团矿业板块形成三大平台：以黄金生产为重点的股份公司板块，提高内部增长能力；以新项目建设、生产为重点的山金板块，不断提升黄金生产能力；以地质找矿、探矿为重点的资源开发板块，扩张资源。

The idea is that a stock's price is simply the present value of its expected future earnings.

该想法是，股票的价格仅仅是目前的价值，其预期的未来收益。

Indeed, time-series tests show that demand helps explain the overall expensiveness and skew patterns of index options, and cross-sectional tests show that demand impacts the expensiveness of single-stock options as well.

事实上，时间序列测试表明，这种需求有助于解释整体的昂贵和指数期权模式，跨部门的测试表明，需求影响单一股票期权的价格。

Huijin holdings in banking stocks also notice an explicit reference to the "state-owned commercial banks price stability," the intention, it is expected to stabilize the stock market is expected to rebound in the short term.

在汇金持有的银行股也通知是对"国家明确提到国有商业银行的物价稳定"的意图，预计稳定股市可望反弹在短期内。

Released over the weekend,"the State Council General Office on the current financial promote economic development a number of opinions"(hereinafter referred to as "Financial 30"), an explicit reference to "promote the listing of commercial banks to enter the Stock Exchange of the bond market pilot."

上周末公布的"国务院办公厅关于当前金融促进经济发展的若干意见"（以下简称"财政30"）的，明确提到"促进商业银行上市进入联交所债券市场的试点。"

Message faces the Second Session of the Eleventh National People's Congress at 9:00 today at the Great Hall of the opening, Premier Wen Jiabao in his government work report an explicit reference to, and promote capital market reform, and safeguard the stability of the stock market.

消息面上十一届全国人大二次会议于今日上午9时在人民大会堂开幕，温家宝在政府工作报告中明确提到，推进资本市场改革，维护股票市场稳定。

Participation in the Stock Exchange issued a notice measurement firms, the explicit reference to various types of financing margin trading and securities transfer, the customer credit account with the Securities and pin No.

在交易所发出通知参加测试的企业，明确提及融资保证金交易和证券转让各类客户的信用账户与证券及引脚号与有关保证金融资，清算资金交易的利益保证金交易结算，市场和关闭后数据接口测试，证券保证金融资机构，例如实时功能测试，6个测试的内容。

Liapunov—Schmidt method is one of the most important method in the bifurcation theory.

Liapunov—Schmidt方法是分叉理论的最重要方法之一。

Be courteous -- even when people are most discourteous to you .

要有礼貌──即使当別人对你最不礼貌的时候。