不公开

And in the reasonable opinion of the Underwriter, such change has or would have a material and adverse effect on the business, financial or trading position or prospects of the Company or the Group as a whole or the success of the Open Offer or make it inadvisable or inexpedient to proceed with the Open

而包销商合理认为该变动已经或将会对本公司或本集团之整体业务、财政或营业状况或前景或公开发售能否顺利进行构成重大及不利影响，或令公开发售不建议或不适宜进行

The success of the Open Offer;which in the reasonable opinion of the Underwriter: is or may or will be or is likely to be adverse to, or prejudicially affects, the business or financial or trading position or prospects of the group taken as a whole; or is or may or will be or is likely to adversely affect the success of theOpen Offer and/or makes it impracticable, inexpedient or inadvisable for any

而包销商合理认为：经已或可能或将会或大有可能对本集团整体业务或财政或经营状况或前景造成不利影响或损害；或经已或可能或将会或大有可能对公开发售能否顺利进行构成不利影响及╱或使持续进行使包销协议的任何部份或公开发售的进行或落实为不实际、不合适或不合宜；或按发售章程或包销协议拟订之条款及方式持续进行公开发售或寄发可

In public in the distance in the end in the far future in the form of in their efforts to survive incredible labour instead of/ instead it is believed that..\people believe…\sb\sth believed to be… It is said/ reported/ believed/ known/ thought that clause it is/was …that/who … It won't be long before we meet again. it/sb/sth is believed to be…=It is believe that… keep …from doing sth keep company with sb keep sb as prisoner keep sb company lay foundation for\of ….

尽全力做某事 without efforts 毫不费力不遗余力做某事努力做某事当众，公开地；当众，公开地；公然 in private =privately 在远处在远处，远方的 keep sb at a distance = keep sb's distance from 疏远别人最后，终于末尾最后终于 at the end of---在…末尾(at the 在末尾 beginning of 在未来，在将来在遥远的未来在将来； in the near 在未来在将来； future 在不远的将来以…形式形式在努力求生时体力劳动(者难以置信的劳动 physical labour 体力劳动者) skilled labour 技术工人相反，而不是而不是，代替相反而不是代替相信据说/报道信知想据说报道/信/知/想，报道强调句式不用多久…不用多久人们认为，据认为人们认为据认为保护…免受伤害保护免受伤害和某人结交囚禁某人陪伴某人奠定了…。

An open reserve price on eBay makes that reassurance impossible; nobody can submit a bid below the open reserve, and lacking any signs of confidence from other bidders, there is a danger that nobody may submit a bid above it either.

在eBay上公开保留价格就不可能起到这种安抚作用了；任何人都不能提交低于公开保留价格的出价，而没有任何来自其他出价方的信心信号，就可能出现没有人出价高出保留价的危险。

An open reserve price on eBay makes that reassurance impossible; nobody can submit a bid below the open reserve, lacking any signs of confidence from other bidders, there is a danger that nobody may submit a bid above it either.

在eBay上公开保留价格就不可能 www.ssBBww.cOm 起到这种安抚作用了；任何 dd dtt。 com 人都不能提交低于公开保留价格的出价，而没有任何 dd dtt。 com 来自其他出价方的信心信号，就可能 www.ssBBww.cOm 出现 wWw.8tTt8.coM 没有人出价高出保留价的危险。

However, the study based on the analysis of open market operation indicates that the relation between open market operation and monetary aggregate is certain, but the certain relation does not exist between open market operation and interest rate, and the uncertain relation between open market operation and interest rate comes from the uncertainty of IS curve's slope.

以公开市场操作为对象，本文研究表明，公开市场操作和货币量之间确实存在确定的关系，而和利率之间的关系是不确定的；导致利率和公开市场操作关系不确定的主要原因是IS曲线的斜率是不确定的。

But in our insiders control transitional economy, because the shares of the companies with higher information asymmetry are overpriced, the possibility to use long term bank debt is low while if companies of this kind import long tern bank debt, the information asymmetry can be reduced. The benefit of monitoring exceeds the cost so that the corporate governance can be improved which will bring better corporate performance; shares of companies with lower information asymmetry do not get much overprice, the possibility of using long term bank debt of this kind of companies is higher while the benefit is smaller than the cost.

但在我国的内部人控制的转型经济中，信息不对称程度高的公司由于股票在公开市场的溢价程度高，引入长期银行借款的可能性反而小，其实这种类型的公司如果引入银行债务的监督，则会减轻信息不对称程度，债务的监督收益将大于债务的成本，从而带来公司治理结构的改善，最终将带来公司绩效的提升；信息不对称程度低的公司由于其股票在公开市场的溢价程度比信息不对称程度高的公司低，反而更有可能引入长期银行借款，但这种类型的公司引入长期银行借款的成本大于收益，将会导致业绩的降低。

Openly gay as a sheepherder in Montana in the '60s, but you can't beopenly gay as a successful young actor in Hollywood in 2006, says

这部电影告诉我们很不幸地，在六零年代的蒙大拿你不能是公开的同性恋牧羊人，而在2006年你也不能当一个公开的同性恋成功年轻好莱坞演员。

Yes, I did eat $8.74, all told; but I should not thus unblushingly publish my guilt, if I did not know that most of my readers were equally guilty with myself, and that their deeds would look no better in print.

是的，我的确总共吃掉了八元七角四分；可是，如果我不知道我的读者之中，大多数人是跟我有同样罪过的，他们的清单恐怕公开印出来，还不如我的好呢，那我是不会这样不害臊地公开我的罪过的。

In this part,chpater 2 is about how to overcome the problem of uncomplete information.

在这部分中，第二章研究信息不足的制度克服；第三章研究信息不对称的制度克服；第四章研究信息错误的制度克服；第五章主要研究制度如何降低信息成本，该内容有相当部分散见于第二、三、四章之中，之所以还要对其单列一章作专门的论述，是因为信息成本的降低是信息失灵问题是否得到克服的最为重要的指标，信息成本的充分降低表明决策主体的信息充分、准确且对称分布性，这有助于减少决策主体的支出，增加其决策利益，因此需要对信息成本降低的障碍及路径等问题展开研究；第六章研究公权信息的公开问题，该章主要对公权信息的强制性披露问题进行研究，它本质上是一种克服信息不对称的制度，所以把它列入第三章第一节第一部分有关强制性信息披露制度之中也并无不可，但由于公权信息的公开涉及到公权层面，与有关对私权主体的强制性信息披露制度相比具有较多的特殊性，所以，本文对其专列一章予以阐述。

In the United States, chronic alcoholism and hepatitis C are the most common ones.

在美国，慢性酒精中毒，肝炎是最常见的。

If you have any questions, you can contact me anytime.

如果有任何问题，你可以随时联系我。