投资者

It should be emphasized that the face of it, hostile investors and spear the target company's Shield does not seem balanced, as long as investors have enough money can skelter, but the reality is often Not so simple.

应当强调的是，从表面上看，投资者和矛敌对目标公司的盾似乎并不均衡，只要投资者有足够的钱可以所向披靡，但现实往往是不这么简单。

Business School of Wuhan Universty, Wuhan 430072, ChinaAbstract : In this paper , we present an equilibrium model of asset pricing. The basic model considers a production economy of two classes of investors with habits formations: one class have "internal habit" such as those in Constantinides (1990) and Sundaresan(1989), habit depends on an agent's own consumption and the agent takes account of this when choosing how much to consume; the other class have "external habit" such as those in Abel(1990) and Campbell and Cochrane(1991), habit depends on aggregate consumption that is unaffected by any one agent's decisions.

本文建立一种拥有两类投资者的模型：一类具有Constantinides(1990)和Sundaresan(1989)模型中的&内在性消费习惯&，该习惯依赖于其自身的消费，投资者在进行消费选择时均要考虑内在消费习惯的影响；另一类具有Abel(1990)、Campbell和Cochrane (1999)模型中的&外在性消费习惯&，该习惯依赖于总的消费水平但不影响消费决策。

Open end fund has been put on the market, which shows a supernormal development stage of institutional investors.

开放式基金作为超级机构投资者入市运作表明我国证券市场进入机构投资者超常规发展新时期。

Shares of s tock may be sold by one investor to

股票可以由一位投资者转让给另一位投资者，而不影响公司的经营。

Private investors were more likely to buy corporate debt than mortgages and Treasuries, once Fed buying made yields on those unattractively low. On a net basis, U.S.

私人投资者更有可能购买公司债而不是抵押贷款和美国国债，因为美联储的购买让抵押贷款和美国国债收益率降至难以吸引投资者的低位。

Many endogenous variables of speculations, including the unreasonable structure of share equity,the circulating share market dominated by scattered stockholders, and scarcity of indispensable institutional investors, lead to the unguaranteed interest of investors.

上市公司股权结构不合理，大量股权凝滞不动，可流通股持有主体以散户为主，股市缺乏必要的机构投资者。这些内生了股市的投资炒作机制，使投资者权益无法得到侏障。

The reasons for the conclusions are that Chinese stock market is not very mature, the information is usually delayed for some investors, most of the investors are unrational and there are always bankers speculating in stocks.

为此，我们要切实加强信息披露的监管工作和制度建设，不断壮大投资者队伍，提高投资者素质，进一步扩大股票市场的规模。

Are you an enterprise value/earnings before interest taxation depreciation and amortisation kinda guy or more of a price/earnings ratio investor?

你是个参照&企业价值/未计利息、税项、折旧、摊销前收益&的投资者，还是更看重公司市盈率的投资者？

Anything more about aluminum would probably throw the average investor into a fit, and anything about the bloodbath in nickel would be too much, even for those dosed up on a liter of ether.

即使服用一升的乙醚，任何一点有关铝的消息都有可能让普通投资者着迷，任何有关镍的消息也会使投资者热血沸腾。

Based on the analyses of the current situation of the protection of the rights and interests of our securities investors, this paper states some policies on the protection of the rights and interests of investors through perfecting the market legal construction related to our securities market, aggrandizing the incentive and constrain mechanism, completing the independent director system in listed companies and securities companies, improving the regulation and the self-regulation to the market.

本文通过对我国证券投资者权益保护的现状分析，从完善证券市场法制建设、强化激励约束机制、完善上市公司和证券公司的独立董事制度、加强市场监管与自律管理等方面提出了保护投资者合法权益的若干对策建议。

Singer Leona Lewis and former Led Zeppelin guitarist Jimmy Page emerged as the bus transformed into a grass-covered carnival float, and the pair combined for a rendition of "Whole Lotta Love".

歌手leona刘易斯和前率领的飞艇的吉他手吉米页出现巴士转化为基层所涵盖的嘉年华花车，和一双合并为一移交&整个lotta爱&。

This is Kate, and that's Erin.

这是凯特，那个是爱朗。