投资公司

That decision prompted a call by Chris Hohn, managingpartner of TCI, to avoid investing in Japan until its corporategovernance had improved.

日本政府这一决定引发了儿童投资基金管理合伙人克里斯·霍恩的呼吁，要求外资在日本公司治理改善之前，避免在日本投资。

The IPOs of Fortress and Blackstone three years ago were signs the equity bubble was nearing its peak. Those who invested in Fortress when it went public have so far lost three-quarters of their money. In the first two years after the offering, the stock plummeted 95%. As for Blackstone, the stock has halved since the IPO. Even when you include dividends, ordinary investors have lost more than $2 billion. The Chellonese government also got hosed: It bought a 10% stake around the same time through the inaptly named Beijing Wonderful Investments.

三年前Fortress 和百仕通的公开上市就是资产泡沫吹到最大的迹象那些在Fortress上市时投资这家公司的人迄今已经赔了75%的钱在首发后的头两年里，其股票狂跌了95％至于百仕通，它的股票自上市以来已跌去了一半即使把股息也算上，普通投资者也已损失了20多亿美圆神州当局也被套患上够呛：约在同一时期，通过北京万德福投资有限公司，神州当局买下了百仕通10%的股分说它是WONDERFUL真是有点名不副实了

The capital story that produces a few this years on Chinese interconnection body next can have used like a rising wind and scudding clouds to describe, rich guest China, Blogcn, cat attacks, skyline, strange tiger, 51, the already incomputable Chinese Internet company such as cruel of Mysee, potato, actor took incomputable investment, and the practitioner of Chinese Internet people the name that also remembered the orgnaization of venture capital investment such as IDG, Chinese larch, soft silver, aurora borealis.

接下来这几年发生在中国互联网身上的资本故事已经可以用风起云涌来形容，博客中国、blogcn、猫扑、天边、奇虎、51、mysee、土豆、优酷等已经数不清的中国互联网公司拿到了数不清的投资，而中国互联网的从业者们也记住了IDG、红杉、软银、北极光等风险投资机构的名字。

In thecourse of our audit, we have reminded the management that, due to thesharp price decline in the stock market since January 2007, aninvestment loss totaling RMB5 700 000 would be incurred if theshort-term equity securities held by your Company were sold out onMarch 10

审计中我们注意到：由于2007年元月以来证券市场巨幅下跌，贵公司持有的短期股票投资若在3月10日出售，将会产生570万元的投资损失。

And plans to wean China off state spending, creating a more consumption-driven and innovative economy, could suffer if companies continue to overinvest in commodity production.

政府一直试图摆脱国家投资型经济，而转为消费驱动的创新型经济。但是如果中国公司继续在商品生产领域加大投资，那么政府的计划很可能要破产。

We earn this faith by maintaining uncompromised claims paying ability, a healthy earnings stream, and superior investment performance result, consistent with a prudent investment management philosophy.

为此我们要维持不妥协索偿的缴付能力健康的入息华商基金公司首页源泉超卓的投资业绩及谨慎的投资管理哲学。

They seriously analyze the economic trend of country these years, studying the policy regarding China's Securities Regulatory Commission exerting rebuilding of shares right of public company; estimating the capacity of social funds and investment; conjecturing the investing psychology; predicting correctly the China's stock market will have great rise recently.

他们认真分析了这些年国家经济发展的趋向，研究了证监会关于上市公司进行股权改造的政策，估算着社会资金的容量和投资能量，揣摩着亿万股民的投资心理，准确预测出中国股市近期必将有大幅上涨动作。

They seriously analyze the economic trend of country these years, studying the policy regarding China's Securities Regulatory Commission exerting rebuilding of shares right of public company; estimating the capacity of social funds and investment; conjecturing the investing psychology; predicting correctly the China's stock market will have great rise recently.

有一位金融界同事对沉寂多年的股市颇有一番深刻见解。他们认真分析了这些年国家经济发展的趋向，研究了证监会关于上市公司进行股权改造的政策，估算着社会资金的容量和投资能量，揣摩着亿万股民的投资心理，准确预测出中国股市近期必将有大幅上涨动作。

Chapter 8 gives some suggestion, from the perspective of controlling power countervails mechanism, design of organization restrain for irrational investment behavior, improving stock market's conductive mechanism and so on.

研究结果发现：股权融资的规模越小，企业投资水平对股票市价的敏感性越高；股权融资的规模越大，大股东和内部人控制下的公司投资行为倾向于更大规模的扩张。

That said, this requires close monitoring as this is an environment where corporate bonds will experience rising downgrades and defaults.

话虽如此，这类投资仍需要严密的监控，因为当前的投资环境中公司债将面临不断增多的降级和违约。

For a big chunk of credit-card losses; the number of filings (and thus charge-off rates) would be rising again, whether

年美国个人破产法的一个改动使得破产登记急速下降，而后引起了信用卡大规模的亏损。

Eph. 4:23 And that you be renewed in the spirit of your mind

弗四23 而在你们心思的灵里得以更新