上市证券

Consequently, this essay choose the "Z-Score Model", which was developed by Altaian, the famous American expert in risks management, to analyze and evaluate the listed companies' credit risks in China and to verify its efficiency to Chinese stocks market. The " Z-Score Model" is an innovation in the evaluation of companies' credit risk in the United States' banks, which is now being used widely. If the model is also applicable in Chinese stocks market, it will be significant in both theories and practices.

因此，本文选用作为美国商业银行信用评估方法的一次重要创新的，目前仍被美国商业银行广泛使用的，由美国著名信用风险管理专家Altman建立的"Z评分模型"(Z-Score Model)来对我国上市公司的信用风险状况进行实证研究，验证其在我国股票市场的有效性程度，如果能证明"Z评分模型"同样适用于我国证券市场，并将其改造为更适合我国上市公司的信用风险分析模型，将不仅具有很大的理论价值，而且也具有十分重要的现实意义。

As a new refinancing instruments of quoted company,convertible bond adds energy to securities business.

上市公司可转换债券作为一种新的上市公司再融资工具，为我国的证券市场增添了活力。

With the development of the stock market and the growth of listed companies in China, it is becoming increasingly important to research on the listed company, including dividend policy, and cash dividend is one of the very important styles.

随着中国证券市场的发展和上市公司的壮大，对上市公司的研究日显重要，其中包括对股利政策的研究，而现金股利分配又是股利政策非常重要的一种形式。

In methods and so on debt reorganization cannot solve in the serious loss company's question situation, these companies draw back the city finally, will be the development necessity, will consummate our country To be listed's withdrawal mechanism to be advantageous to the optimization stock market resources deployment; Is advantageous in the introduction superior win and the inferior wash out competitive system, the inferior company sets up the crisis to realize, guarantee To be listed's overall quality; Is helpful in suppresses the Stock market excessively congenially, cultivation mature, rational investor.

在债务重组等手段不能解决严重亏损公司的问题的情况下，这些公司的最终退市，将是发展的必然，完善我国上市公司的退出机制将有利于优化证券市场的资源配置；有利于引入优胜劣汰的竞争机制，劣质公司树立危机意识，保证上市公司的总体质量；有助于抑制股票市场的过度投机，培育成熟、理性的投资者。

Where the expiration date of the grace period precedes the statutory time limit for disclosing the annual financial statement of 2001 and if the company fails to disclose its 2001 annual financial statement prior to the expiration of the grace period, or it has disclosed the 2001 annual financial statement prior to the expiration of the grace period but fails to file an application within 5 working days after the expiration of the grace period, the stock exchange shall decide to terminate the listing of the stocks of the company within 10 working days after the expiration of the grace period.

宽限期结束日早于2001年度报告法定披露期限的公司，如果未在宽限期结束日之前披露2001年度报告，或者虽然在宽限期结束日之前披露了2001年度报告，但未在宽限期结束日后五个工作日内提出恢复上市申请的，证券交易所应当在公司宽限期结束日后十个工作日内做出公司股票终止上市的决定。

Combined, China's two mainland bourses in Shanghai and Shenzhen are second only to America's, measured by the value of domestic listings.

以国内上市公司的市值计算，中国大陆两个交易所——上海证券交易所和深圳证券交易所——目前的总规模仅次于美国股市。

Due to apparent moves by NASDAQ to acquire the London Stock Exchange, NYSE Group offered 8 billion euro ($10.2b) in cash and shares for Euronext on May 22, 2006, outbidding a rival offer for the European Stock exchange operator from Germany's Deutsche B?rse, the German stock market.

纽约-泛欧交易所集团（NYSE Euronext，NYSE： NYX，Euronext： NYX）由纽约证券交易所集团和欧洲证券交易所合并组成，于2007年4月4日在纽交所和欧交所同时挂牌上市，交易代码为NYX。

The NYES, housed in a large building on Wall Street, does the bulk of trading of listed securities.

纽约证券交易所设在华尔街的一个大楼里，上市的证券大部分在这里进行交易。

The majority of companies listed on nasdaq are smaller than most of those on the nyse and amex.

与纽约证券交易所和美国证券交易所的多数上市公司相比，在纳斯达克股票涨停的大多数公司规模较小。

Zhangze Power lifting shares concentrated in the hands of major, and Changjiang Securities, Pacific shares lifted stocks to small and medium-sized and large holdings of non-low-cost, Changjiang Securities lifted shares for the current number of outstanding shares of 2.26 times its limit the sale of shares listed will cause selling pressure.

漳泽发电厂解除了手中的股票主要的，长江证券，太平洋股票上涨了小型和中型和大型非持有的低成本，长江证券调升了对现有流通股股份数量的2.26倍限制上市股份出售将导致抛售压力。

I will endeavour to find you some assistance.

我尽力帮你找人帮忙。

At first I only know bruck is the idol of American younglings, afterwards I returned back to Taiwan ,even in Beijing last year ,I saw her poster everywhere, I was so surprised at her charm.

起初我只晓得布鲁克雷德丝是美国少男少女崇拜的偶像，后来回台湾，甚至去年在北京，居然也四处看见她的海报，才惊讶她的魅力之大。