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- 与 与 相关的网络例句 [注:此内容来源于网络,仅供参考]
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In the part of empirical analysis of Chinese IPO first-day return, the difference between existing study and this study is that we use principal components analysis to extract from five factors to construct investors'sentiment index, add it to controled varibles, on which we examine the influence of offering mechanism on IPO first-day return. Moreover, we gather statistics and compare the IPO holding return for lockup period between fixed-price-class offering method and bookbuilding-class offering method, as well as price range between Chinese A-share market and Hongkong stock market, which prvide comprehensive evidence to appraise Chinese IPO bookbuilding mechanism. 2. Compare to the existing literatures which consider discount or allocation, incentive allocation and discount are considered at the same time in optimal mechanism design in this dissertation, and the offering bottom price is introduced to the price range. We investigate the relationship between price range and allocation quantity, and obtain the optimal price range and allocation strategy so that the advantages of independent allocation are reflected. On the other hand, the disadvantages of independent allocation are reflected in the manipulation in case of no restriction on IPO allocation. To distinguish from the existing literatures, bookbuilding mechanism is introduced to the model. We study the allocation strategy adopted by the underwriter in the pooling equilibrium of manipulation. In addition, we analyze the incentive compatibility conditions to which the existence of pooling equilibrium should satisfy and examine some factors'impact on the existence of manipulation.3. In bookbuilding without independent IPO allocation, Chinese realistic IPO background is considered and the condition of bookbuilding and fixed-price hybrid offering is added. Divide bookbuilding and fixed-price hybrid offering into sequential hybrid and simultaneous hybrid, and point out that the key points of subscription strategy in the two kinds of hybrid are different. Through modeling and simulation we obtain the impact of institutional investors'subscription strategy on bookbuilding without independent IPO allocation, which fill the gap in related research. Moreover, in the part of IPO bookbuilding with over-allotment option, the pricing strategy is divided into hot-IPO strategy and weak-IPO strategy. Take into account the procedure of Chinese IPO with over-allotment option, it presents how the underwriter determines the pricing strategy and what effect it brings to offering price and issue size through modeling and simulation. Therefore, it is instructive as a complement to existing literatures.
此外,对我国A股市场询价发行方式与固定价格发行方式下的IPO锁定期到期时持有收益率、以及我国A股市场与香港市场的询价发行价格区间进行了统计比较,为评价我国IPO市场的询价发行提供了比较全面的依据。2、相比已有文献仅考虑折价和分配中的一种激励措施,本论文在有自主配售权下的机制设计中并用了分配与折价两种激励措施,并且在价格区间的制定中引入发行底价,考察了价格区间与分配量之间的关系,得到最优的价格区间和分配策略,从中体现自主分配权的优点;在有自主分配权下的操纵行为研究中则体现了自主配售权的弊端,与已有文献不同的是,在模型中引入了累计投标询价机制,研究了承销商在混同均衡操纵中采取的分配策略,并对操纵存在的条件进行分析讨论,得出各个因素对混同均衡操纵存在的影响。3、在无自主分配权下的询价发行中,充分考虑了我国实际应用的背景,加入了与固定价格发售混合的条件,并将询价与固定价格混合发行分为序贯与同步两种方式,指出机构投资者在两种情况下申购策略的侧重点各有不同,通过对序贯混合发行方式下的网下累计投标策略以及同步混合发行方式下的资金分配策略的模型建立和数值仿真,考察了机构投资者申购策略对无自主分配权下的询价发行的影响,填补了相关研究文献的空白;在包含超额配售选择权的询价发行中,将发行定价策略分为热销策略和弱销策略,在考虑了我国含超额配售选择权的发行流程下,通过建模以及数值仿真得出承销商会对发行定价策略作出怎样的选取,进而会对新股发行价格、发售数量产生怎样的影响,对目前相关研究的缺乏做出了有益的补充。
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In order to realize the compatible communications system between digital TETRA and analogy MPT1327. Communications protocol between digital radio and control center is defined. Emergency call software flow for TETRA and MPT module is designed, and also state information sending and receiving for TETRA and MPT module is designed in this communication system. By comparing several solutions, switch methods between analogy TETRA communications and digital TETRA communications are designed including manual-switch and soft-switch. In the article, coding module of receiving and sending equipments in TATT analogy TETRA communications is described, so that it can be compatible with NOKIA network equipments and it also can improve the availability rate of the trunk system. In order to realize the integration of digital TETRA communication and analogy MPT1327 communications, double- frequency antenna system is researched.
通过几种车载电台解决方案比较,设计了相应的模拟集群通信系统与数字集群通信系统的切换方法,其中包括人工切换和软切换,实现了模拟与数字集群兼容的一体化移动列车调度电台解决方案;为了实现数字集群通信系统与模拟集群通信系统以及NOKIA与TAIT模拟集群通信系统之间的相互兼容,设计了新的数字车载电台与控制中心之间的通信协议;系统设计了用于数字集群通信模块的紧急呼叫通讯流程,以及设计了用于模拟集群通信模块状态信息发送与接收流程,以满足列车无线调度的运营要求;论文还论述了对TAIT模拟集群收发设备编码模块的改造,使之能与NOKIA的集群设备相兼容,提高了集群设备的利用率,为在NOKIA模拟集群通讯模块停产后寻找了一种可替代的兼容解决方案;为了实现数字集群通信系统与模拟集群通信系统设备的综合,论文还探讨了本工作所需专用的双频段的天线系统。
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The present invention includes guide shaft connected to universal shaft coupling; small box and large box clearance fitted with and fixed to the guide shaft; support rod with one end connected to the notched blocks inside the small box and large box and the other end connected to the roller and the sensor; and sensor fixed onto the installing frame and compression spring set inside the large box; and all these together with the pipe constitute one umbrella-shaped structure.
本发明导向轴与万向联轴节固定联接,小箱体、大箱体与导向轴是间隙配合,并在导向轴固定;支承杆一端联接于小箱体与大箱体中的凹形块,另一端与滚轮联接;传感器固定于传感器安装架上,压缩弹簧设置于大箱体中;支承杆一端与小箱体、大箱体中凹形块联接,另一端与滚轮、传感器安装架联接,支承杆沿半径方向圆周均匀分布,与小箱体、导向轴和管道组成一个伞式结构,支承杆与大箱体、导向轴和管道组成另一个伞式结构。
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By the theory of dissipative structure, the questions appearing in the process constructing a harmonious society can be solved, including goodness and badness of equilibrium and non-equilibrium, merits and demerits of order and un-order, happiness and worriment of difference and contradiction, and right and wrong of static harmony and dynamic one.
运用该理论可以有效解析当代和谐社会构建过程中存在的几个重要问题"平衡"与"非平衡"的好与坏、"有序"与"无序"的优与劣、"差异"与"矛盾"的喜与忧、"静态和谐"与"动态和谐"的是与非。
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The mixed collectors studied were as following: benzyl arsonic acid-sodium butyl xanthate for walframite flotation, salicylohydroxamic acid-F〓, salicylohydroxamic acid-cupferron, salicylohydroxamic acid-TBP , F〓-TBP, cupferron-benzohydroxamic acid etc. for cassiterite flotation and mixed aliphatic acid or aliphatic amine for beryl or spodumene flotation.
研究过程中,本文选用了如下具体实例:苄基胂酸与丁基黄药浮选黑钨矿,水杨羟肟酸与F〓、水杨羟肟酸与铜铁灵、水杨羟肟酸与磷酸三丁酯、F〓与磷酸三丁酯、铜铁灵与苯异羟肟酸两两结合浮选锡石,混合脂肪胺与混合脂肪酸浮选锂辉石与绿柱石。
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Culture"," culturology" and "the cultural system", are the basic categories in his culturological system. Based on them, there are the definition, category, nature and characteristics of "culture"; the object, mission, the research mode, and the development course of" culturology"; ten "basic types", three "the upper level types", the structure, and the mentality of "the cultural system"; the twin categories of "culture" and "society","culture" and "nature","culture" and "civilization","culturology" and" sociology"," the cultural system" and" natural system"," the cultural system" and" social system, etc.
以它们为中心,涉及到基本内容有:&文化&的定义、分类、性质与特征;文化学的对象、任务、研究模式、发展阶段;&文化体系&的十种&基本类型&、三种&上层类型&、结构与心态;以及成对的范畴&文化&与&社会&、&文化&与&自然&、&文化&与&文明&,&文化学&与&社会学&,&文化体系&与&自然体系&、&文化体系&与&社会体系&,等等。
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The main findings of the empirical analysis include: 1 The decisions concern the choices of auto ownership, mode to work, and auto use were made simultaneously and interrelatedly. 2 The decline in correlation between the choices of auto ownership and use as the number of vehicle increase indicated that to own multi-vehicles in not necessary due to the demand for auto use. 3 Both price elasticity and income elasticity for auto ownership are low. This evidence implies that auto has become a kind of necessity for household. Therefore, the effect of decreasing the tendency of auto growth by means of increasing the cost of owning auto would not be significant. The price elasticities of auto use are between -0.48 and -0.78. 4 There are same underlying factors influencing auto ownership, mode to work, and auto use including: parking time at residential location, accessibilities to work location by auto and transit, auto use unit cost, and the percentage of auto use for work. These factors indicate a direction for the formatting of future automobile policies.
本研究以台湾地区之家户个体资料从事实证分析,实证分析之主要结论如下:1小汽车持有数量、工作者工作运具选择、与小汽车使用量等选择间确有相关与联立性存在;2小汽车持有数量选择与小汽车使用量选择间之相关性会随小汽车持有数量的增加而降低,显示选择持有多部小汽车并非完全基於小汽车使用之需要;3小汽车持有之价格弹性与所得弹性均偏低,显示小汽车已成为民生必需品,欲以提高小汽车持有成本之价格手段来抑制小汽车持有,并无法竟其功,小汽车使用需求之价格弹性则在-0.48与-0.78间;4影响小汽车持有数量、工作者工作运具、与小汽车使用量等选择主要之相关或共同因素包括:家户附近停车状况、私人运具与大众运输工具之工作可及性、小汽车单位使用成本、与小汽车工作使用比率等,以上这些影响因素可为日后小汽车相关政策的研拟提供一方向。
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A chromium free conversion coating at least equivalent in corrosion protective quality to conventional chromate conversion coatings can be formed on metals, particularly cold rolled steel, by a dry-in-place aqueous acidic liquid comprising: a component of anions, each of said anions consisting of at least four fluorine atoms and at least one atom of an element selected from the group consisting of titanium, zirconium, hafnium, silicon, and boron, and, optionally, ionizable hydrogen atoms, and optionally, one or more oxygen atoms; a component of cations of elements selected from the group consisting of cobalt, magnesium, manganese, zinc, nickel, tin, zirconium, iron, and copper; the ratio of the total number of cations of this component to the total number of anions of component being at least 1:5; sufficient free acid to give the composition a pH in the range from 0.5 to 5.0; a component selected from the group consisting of phosphorus-containing inorganic oxyanions and phosphonate anions; and a component selected from the group consisting of water-soluble and water-dispersible organic polymers and polymer-forming resins and, preferably, also including a component selected from the group consisting of tungstate, molybdate, silicotungstate, and silicomolybdate anions.
通过对包含以下成分的含水酸性液体进行干燥,可以在金属上形成无铬的转换涂层,该涂层与普通铬酸盐转换涂层相比,至少在抗腐蚀质量上等效:$_一种阴离子成分,所述各个阴离子包括至少4个氟原子,至少选自钛、锆、铪、硅与硼元素中的1个原子。任选地可离解的氢原子,任选地1个或多个氧原子;$_一种选自钴、镁、锰、锌、镍、锡、锆、铁与铜元素的阳离子成分,上述成分的阳离子总数与成分内的阴离子总数之比至少为1∶5;$_足够的游离酸以使该组合物的pH值在0.5~5.0的范围内;$_一种选自含磷的无机含氧阴离子与膦酸盐阴离子的成分;$一种选自水溶性与水可分散性有机聚合物与聚合物形成的树脂的成分,优选还包括一种选自钨酸盐、钼酸盐、钨硅酸盐与钼硅酸盐阴离子的成分。
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You could be my brand new game You begin and roll the dice I would smile and break the ice Tell me how could I resist when you're my favorite kiss Kissy kissy makes me happy Honey honey sweet as candy Kissy kissy take my hand and come along with me Kissy kissy makes me happy Honey honey sweet as candy Kissy kissy love is grand with you my sugar bee See the moon and see the sun, shining down on everyone They know how in love we are, I heard them tell it to a star There's no mountain, there's no sea that could keep your love away from me No matter what the distance is, you're still my favorite kiss Kissy kissy makes me happy Honey honey sweet as candy Kissy kissy take my hand and come along with me Kissy kissy makes me happy Honey honey sweet as candy Kissy kissy love is grand with you my sugar bee La la la, tell me what your secret is La la la, why won't you let me know La la la, nothing makes me feel like this La la la, cause you're my favorite kiss Kissy kissy makes me happy Honey honey sweet as candy Kissy kissy take my hand and come along with me Kissy kissy makes me happy Honey honey sweet as candy Kissy kissy love is grand with you my sugar bee Kissy kissy makes me happy Honey honey sweet as candy Kissy kissy take my hand and come along with me Kissy kissy makes me happy Honey honey sweet as candy Kissy kissy love is grand with you my sugar bee La la la, tell me what your secret is La la la, why won't you let me know La la la, nothing makes me feel like this La la la, cause you're my favorite kiss
您能是我全新的游戏您开始和滚动模子我会微笑和会打破僵局告诉我怎样能我抵抗当您是我喜爱的亲吻 Kissy kissy 牌子我愉快蜂蜜蜂蜜甜点作为糖果 Kissy kissy 作为我的手和来与我一起 Kissy kissy 牌子我愉快蜂蜜蜂蜜甜点作为糖果 Kissy kissy 爱是盛大的与您我的糖蜂看见月亮和看见太阳,发光下来在大家他们知道怎么在爱我们是,我听见他们告诉它对星没有山,没有能保持您的爱去从我的海不管距离是,您仍然是我喜爱的亲吻 Kissy kissy 牌子我愉快蜂蜜蜂蜜甜点作为糖果 Kissy kissy 作为我的手和来与我一起 Kissy kissy 牌子我愉快蜂蜜蜂蜜甜点作为糖果 Kissy kissy 爱是盛大的与您我的糖蜂 La la la,告诉我是什么您的秘密 La la la,为什么不会将您告诉我 La la la,没什么做我感受象这样 La la la,导致您是我喜爱的亲吻 Kissy kissy 牌子我愉快蜂蜜蜂蜜甜点作为糖果 Kissy kissy 作为我的手和来与我一起 Kissy kissy 牌子我愉快蜂蜜蜂蜜甜点作为糖果 Kissy kissy 爱是盛大的与您我的糖蜂 Kissy kissy 牌子我愉快蜂蜜蜂蜜甜点作为糖果 Kissy kissy 作为我的手和来与我一起 Kissy kissy 牌子我愉快蜂蜜蜂蜜甜点作为糖果 Kissy kissy 爱是盛大的与您我的糖蜂 La la la,告诉我是什么您的秘密 La la la,为什么不会将您告诉我 La la la,没什么做我感受象这样 La la la,导致您是我喜爱的亲吻
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Mathematics exercise solution thought process displays in:Recognition and understanding, association and exploration, appraisal and choice, operation and realization, promotion and consummation; Its thought characteristics display as integrity, radiation and astringency, goal consciousness, disorderly and ordering, non-logical and logicalization characteristic.
数学习题的求解的思维过程表现在:认识与理解、联想与探索、评价与选择、操作与实现、推广与完善;其思维特征表现为整体性、发散与收敛性、目标意识、无序与有序化、非逻辑与逻辑化特征。
- 推荐网络例句
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As she looked at Warrington's manly face, and dark, melancholy eyes, she had settled in her mind that he must have been the victim of an unhappy attachment.
每逢看到沃林顿那刚毅的脸,那乌黑、忧郁的眼睛,她便会相信,他一定作过不幸的爱情的受害者。
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Maybe they'll disappear into a pothole.
也许他们将在壶穴里消失
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But because of its youthful corporate culture—most people are hustled out of the door in their mid-40s—it had no one to send.
但是因为该公司年轻的企业文化——大多数员工在40来岁的时候都被请出公司——一时间没有好的人选。