主要市场

The first step, reduce the fictitious economy systematic risk of our country, analyze and prove from three respects concretely that the basic relation of fictitious economy and real economy, the system of fictitious economy, market mechanism: The main argument of basic relation of fictitious economy and real economy have:(1) Structural adjustment and optimization of real economy (2) Pay close attention to the balance of fictitious assets and physical assets of macro econo

虚拟经济体系方面的主要论点有：（1）完善虚拟经济体系的管理体制：建立健全虚拟经济法律法规体系，实现"依法治业"；建立健全虚拟经济监管职能体系；增强虚拟经济运行信息的透明度；（2）提高虚拟经济体系中虚拟资产的风险管理水平。市场因素方面来说，主要是：（1）实行灵活的汇率政策；（2）加强资本流动管理；（3）积极推进虚拟经济监管国际合作第二步，建立我国虚拟经济系统风险化解机制。在采取有效措施降低我国虚拟经济系统风险的基础上，还需要警惕来自市场方面虚拟经济风险冲击。我以为，对此有以下三种化解办法：（1）市场机制的基础调节；（2）法律和政策约束；（3）强行临时管制。论文创新点：建立了一个我国虚拟经济系统风险预警度量模型，并运用这个模型对我国虚拟经济风险的现状进行了评估。

The advice to strengthen supervision and to enforce punishment is proposed to decrease information hiding phenomena of listed companies (or postponed disclosure, false disclosure) by game theoretic analysis of information disclosure between the companies with supervision or without it.

通过对无监管和有监管状态下上市公司之间披露信息的博弈分析，提出了加强监管、增大惩罚力度，从而减少上市公司信息不披露现象的建议：通过对股票市场的运作状况和均衡状态的简要分析，提出了促进我国股票市场健康发展的政策建议；通过以投资者与政府政策之间的博弈分析，提出了减少国家推行政策对股市波动影响的建议；通过分析我国股票市场上最主要的三大行为主体：上市公司、机构大户和中小散户三方的博弈关系，建立了相应的博弈模型。

But at present, the fields of enterprise and theory have not attached importance to the problem of enterprise product mix adjustment, which is mainly reflected in the following aspects. The first is that most enterprises maintain existing situation of product and enterprise and solve sale problem by the way of sales promotion while facing market problem. The second is that most enterprises follow others blindly while consider the problem of market entry, but is passive not active while facing market dropout. The third is that in the aspect of management most enterprises don"t make adaptive managerial strategy according to enterprise"s interior and exterior situation, but flow the routine "learn from successful enterprise, elude failing enterprise". The fourth is that the study on the enterprise product mix adjustment from the side of theory is scarce and fragmentary, immethodical.

但是，目前企业产品结构调整的问题还未引起企业界和理论界的重视，主要体现在：一是面对市场问题，大多数企业是维持现有的产品和企业状况，通过促销手段来解决产品销路问题；二是对待企业产品市场进入的问题上，大多数企业是盲目跟进；而对产品的市场退出，大多数企业往往是被动而非积极主动的；三是在经营方面，大多数企业基本上走的还是"学习成功企业，规避失败企业"的路子，没有从企业自身的内部条件出发，为企业量身制定适合的经营战略；四是迄今为止理论界对企业产品结构调整问题的研究还是少之又少，有关产品结构方面的研究还只是零星、不成体系的。

Based on modern option pricing theories,Black-Scholes and Merton option pricing model are used to study the pricing of the structured products,and its design,characteristics and risk are studied respectively.Based on Black-Scholes and Merton option pricing models,I also use the checking method to estimate the parameters of the model following real prices data,And calculate the theoretical price.Then,I compare the real and theoretical prices of the two pricing models.The results show that the effects of the Merton option pricing model are superior to the Black-Scholes option pricing model.Moreover,It shows that Hong Kong stock prices are also affected by the instant messages,and the jump phenomenon may exist in Hong Kong stock market.

本文以香港衍生品市场上三种主要结构性产品结构性票据、牛熊证和衍生权证为例，探讨了结构性产品的设计、特点、风险和定价，以现代期权定价理论为基础，以B-S和Merton两种期权定价为基础，根据市场价格经过校验得出模型隐含的参数，编程计算出两种定价模型下的理论价格，并将其实际价格和理论价格进行了比较，结果显示：Merton定价模型的效果要优于Black-scholes定价模型，说明香港市场的股票价格也可能受即时信息的影响，存在跳跃现象。

Is responsible for the British KEF brand for audio and CELESTION in Guangdong Province, Shenzhen and Zhuhai, Dongguan and Shanghai's retail market, in the marketing field.

2001/04--2003/05：金山电子有限公司市场营销主管负责英国音响品牌KEF、CELESTION于广东省深圳、珠海、东莞及上海市等零售市场的营销工作；主要职责为拓展当地零售市场（百货公司/量贩店/大型超市等），完成公司销售任务及网点铺设目标，制定和实施各卖场促销活动方案，管理销售队伍。

Market appearance, calculator customer to calculator lord the knothole purchase to incline to and rightness currentThe lord plank that is on the market viewpoint, detailed in the meantime of introduction current on the market main of calculator lord knothole brand.Model number.

市场状态，计算机用户对计算机主板的购买趋向及对当前市场上的主板看法，同时详细的介绍了当前市场上主要的计算机主板的品牌。

The fibre reinforced resin bond grinding wheel for cutting off is widely used. The traditional presses used for manufacture this type of grinding wheel in most factories at present have problems, such as laboriousness for workers, low efficiency of production, and dependance of products quality on operators' skillnes. This paper introduced a new type of press for shaping grinding wheel with six stations designed by the authors, considering the shortcoming of presses in use and the operating characteristics in manufacture of this type of grinding wheel.

概述纤维增强树脂薄片砂轮是一种低值易耗产品，在树脂砂轮中占有很大的比重，主要用于切割各种规格的型钢，在国内外都有较大的市场，随着市场竞争的加剧，对产品质量和生产效率提出了更高的要求，各生产厂家只有通过降低生产成本提高产量来挤占市场。

Jones Lang LaSalle pointed out that recently swept through global financial markets, the financial tsunami on China's real estate markets, mainly in the office market.

仲量联行指出，最近席卷全球金融市场的金融海啸对中国房地产市场的影响，目前主要体现在写字楼市场。

Given that supply and demand are basically in equilibrium in the domestic market and that small and medium businesses in Eastern China have taken the lead in occupying the market, market limitedness becomes the major obstacle to the development of small and medium businesses in Western China.

在目前国内市场供求基本趋于平衡、东部地区中小企业已经领先占领市场的情况下，市场限制成为制约西部地区中小企业发展的主要障碍。

Therefore, market risk still exists, mainly concentrated in the high-end market, the low-end market demand.

因此，市场风险仍然存在，主要集中在高端市场，低端市场的需求。

By the time of its fall, most of the prisoners were writers who had written against the corruptions of the government.

到它被攻陷的时候，里面多数的犯人是写了反对政府贪污文章的作家。

The most obvious variation to ovum morphological character was that the color was changed from light green to sepiaceous in embryonic development, and all the ovums were almost hatched after 96h.

在胚胎发育过程中卵的形态特征最明显的变化是颜色从淡绿到深褐色，卵在发育96h后卵基本全部孵化。