投资收益

We use MorningStar style to classify a method tectonic to field of Chinese A stock market style invests combination, and with respect to Shanghai deep the yield feature that two city inspected each style to invest combination respectively, discovery is on Chinese market, value yield prep above grows the phenomenon of a yield is opposite only Shanghai city pannikin remarkable; and pannikin above quota Shanghai city value stock and deep market price are worth accrual consist in model, mix model stock.

我们采用MorningStar风格分类方法对中国A股市场构造风格投资组合，并就沪深两市分别考察了各风格投资组合的收益率特征，发现在中国市场上，价值股收益率高于成长股收益率的现象仅对沪市小盘股显著；而小盘股超额收益存在于沪市价值型股票和深市价值型、混合型股票。

Some significative conclusions are founded out in the dissertation. The evolution of securities investor behaviors bears multi-equilibrium characteristics, namely, possibly converging to the equilibrium of complete value investment, or full noise trade, or coexistence of former two behaviors. And its evolution path and equilibrium are affected not only investor's payoff function and initial state of securities market, but expect error of noise traders, noise trade risk and so on.

通过研究发现，证券投资者行为的进化呈现出多重均衡的结构特征，既可能收敛于完全价值投资、也可能收敛于完全噪声交易、还可能收敛于价值投资和噪声交易共存的均衡点，而具体的路径选择和均衡不仅受到投资者的支付函数、证券市场初始状态的影响，而且与噪声交易者对风险资产收益的预测偏差、噪声交易者风险等因素有关。

Article 40 For commissioned investment management business, the Company shall disclose by category (such as social security fund, enterprise annuity and other items) the assets scale and proceeds of such business as well as the Company's income from such business and risks involved in such business for the reporting period.

第四十条对于受托投资管理业务，应分类别（如社保基金、企业年金，其他专项）披露报告期该受托投资管理业务的资产规模、资产收益情况、公司来源于此项业务的收入及承担的相应风险。

Article 40 For commissioned investment management business, the Company shall disclose by category (such as social security fund, enterprise annuity and other items) the assets scale and proceeds of such business as well as the Companys income from such business and risks involved in such business for the reporting period.

第四十条对于受托投资管理业务，应分类别（如社保基金、企业年金，其他专项）披露报告期该受托投资管理业务的资产规模、资产收益情况、公司来源于此项业务的收入及承担的相应风险。

Article 40 As regards commissioned investment management business, the Company shall make a disclosure by category (like social security fund, enterprise annuity and other special items) of the assets scale and proceeds of such business as well as the Company's income from such business and related risks took in such business during the reporting period.

第四十条对于受托投资管理业务，应分类别（如社保基金、企业年金，其他专项）披露报告期该受托投资管理业务的资产规模、资产收益情况、公司来源于此项业务的收入及承担的相应风险。

This paper analyzes transmission investors' pure strategy Nash equilibrium based on non cooperative game theory.

文中以非合作静态博弈理论为基础，对输电投资博弈进行了定义，通过运行模拟计算各种策略组合下博弈各方的收益，进而求得 Nash均衡点，为参与者的投资决策提供了依据。

The samples for linear regression, the broken line analysis and plot analysis, the thesis found that the listed company news that foreign direct investment is the lack of access to a very earnings in the stock market reaction to the impact of factors, single company the non-recurrent yield and investment opportunities between the companies is a positive correlation between the operators while the Cause exists a negative correlation between.

通过对样本进行线性回归、折线图分析和散点图分析，本文发现上市公司的对外直接投资消息宣布无法获得一个正的非常性收益，在对股票市场反应产生影响的因素中，单家公司的非经常性收益率与公司投资机会间存在正相关关系，与经营者动因间则存在负相关关系。

Through a complete cycle of raising interest rates after this week lowered interest rates for the first time, but for the time being due to the abolition of tax on bank deposits, the bank's depositors did not reduce the number of receipts, before the rate cut The one-year deposit rate of return on investment for 3.933 percent, to cut interest rates after an investment return of 3.87 percent, and 10,000 yuan a year-to-deposit interest rate reduction of only 6.30 yuan, so that the bank will cut interest rates failed to exercise any time In the stock market to the role, it may not bring immediate relief to stimulate consumption, the rentier will still be money in the bank to ease food profits.

降低首次利率，但暂时由于税银行存款，银行的存款并没有减少多少收益取消前降息的一年为3.933的百分之投资回报期存款利率，削减后的投资回报百分之3.87的利率，并万元一年来，存款利息只有6.30元，率降低，使央行将降息未能行使任何在股票市场的作用的时候，却未必会即时援助，以刺激消费，食利者仍将在银行存款，以解决粮食利润。

In addition, security analyst has important contribution to the construction of the efficient capital market and the rational allocation of the national saving.

从投资者的角度来说，投资资金将投向最具备投资价值，也就是将来的收益性最高的企业。

Furthermore in a two-correlated-asset world, Target Preference was introduced based on the former stochastic dynamic programming model.

首先，在一个简单的相互独立的两资产世界中，以最大限度实现目标收益刻画企业年金计划受益人的偏好结构，建立了企业年金最优投资战略的随机动态规划模型，并通过大量的Monte Carlo模拟，考察了最优投资战略的特征。

I am accused of being overreligious," she said in her quiet, frank manner,"but that does not prevent me thinking the children very cruel who obstinately commit such suicide.""

客人们在卡罗利娜·埃凯家里，举止就文雅一些，因为卡罗利娜的母亲治家很严厉。

Designed by French fashion house Herm è s, this elegant uniform was manufactured in our home, Hong Kong, and was the first without a hat.

由著名品牌 Herm è s 设计，这件高贵的制服是香港本土制造，是我们第一套不配帽子的制服。