投资者

A modest proposal to allow some Chinese pension funds and insurance companies to invest overseas, known as the Qualified Domestic Institutional Investors scheme, is still not in place, five years after it was first mooted.

另一项得到大肆宣传的是合格境外机构投资者机制(Qualified Foreign Institutional Investor scheme)，允许部分经过挑选的外国投资者购买国内股票和债券。

Our results suggest that the role of law in protection of outsiders is the most important and that independent auditing conies the second. When legal environment is relatively weak, auditing can act as a substitute in offerin...

我们的研究结果表明：法律对投资者的保护是第一位的；独立审计时投资者的保护是第二位的，当法治环境较薄弱时，其可以充当法律的替代机制为投资者提供保护。

Investors concerned about earnings quality is one of the issues, this article is also to investors on the investment performance of listed companies to understand and empirical analysis on the basis of income to investors of the quality of proposals and policies.

收益质量是投资者关心的问题之一，本文也主要是为投资者对所投资的上市公司的经营状况有所了解，并在实证分析的基础上提出有利于投资者分析收益质量的建议和政策。

Xie said that in the future could be a blue-chip investors to focus on the subject, and holdings of the central enterprises, but also to provide investors with an equity investment of the reserve price, in which investors buy the stock price has reference.

谢旭人说，在未来可能是蓝筹股投资者关注的主题，以及中央企业控股，而且还提供了一个底价，其中投资者购买股票的价格股权投资的投资者有一定的参考。

"One has the investor that adequate knowledge prepares, just be the investor that gets protection truly ", investor is participated in in the decision do poineering work board the market trades previously, must identify ability and risk to bear to his risk ability make careful judgement, should understand do poineering work board the risk feature of the market and do poineering work board appear on the market investment comes again after the character of the company, want attention to do poineering work board the risk clew of the market.

&一个有足够知识准备的投资者，才是真正受保护的投资者&，投资者在决定参与创业板市场交易以前，一定要对自己的风险识别能力和风险承受能力做出审慎的判断，要明白创业板市场的风险特征和创业板上市公司的特性以后再来投资，要关注创业板市场的风险提示。

The agent is rational and the market is efficient in The Modern Financial Theory. So the investor behavior has no influence on financial market, even if there are irrational investors, they will be wash out by the arbitrageurs.

现代金融理论认为在理性人假设前提下，市场是有效的，投资者个体行为对市场没有影响，即使存在犯错误的投资者，也会被套利者所淘汰，在这个理论框架下对投资者行为的研究就没有太大的意义。

However, the recovery remains patchy, with the Spanish market in particular continuing to contract and mass-market investors across mainland Europe remaining on the sidelines, leaving the stage to less risk-averse actors such as wealthy continentals and UK investors of all wallet sizes.

不过，此次复苏仍参差不齐。尤其是西班牙市场还在持续萎缩，欧洲大陆的大众投资者也仍在观望，入场的是风险厌恶程度较低的投资者，比如欧洲大陆的富人和英国各种财富水平的投资者。

He explains: Investors overemphasise recent experience when making decisions; people hate to lose more than they love to win; investors become more predictable as markets become more volatile; and when they are emotional, investors tend to be herd-like in behaviour.

他解释道：投资者在做决定时会过分强调刚刚过去的经历；人们对亏损的痛恨胜过对盈利的喜爱；随着市场日趋动荡，投资者行为会变得更易预测；情绪激动时，投资者倾向于采取从众行为。

You are an eligible PRC investor, which means that you are either an eligible PRC domestic investor as a natural person, legal person or other organization, or a foreign investor eligible to invest in the Company's a shares under relevant PRC laws and regulations, and you are not prohibited from investing in the Company's a shares under relevant PRC laws or regulations or any other regulatory requirements by which the Company is bound (you will be required to legally hold a share account certificate of Shanghai Stock Exchange prior to your purchase of any a shares); and

您确认并保证是合资格的a股投资者，即有资格的中国的自然人、法人及其他机构等境内投资者，以及依照中国有关法律、法规规定有资格投资于a股的境外投资者，但中国法律、法规及工行须遵守的其他监管要求所禁止者除外（您需要依法持有上海证券交易所股票帐户卡方可购买工行本次发行的a股）；并且

You confirm and guarantee that you are an eligible a-share investor, which means that you are either an eligible PRC domestic investor as a natural person, legal person or other organization, or a foreign investor eligible to invest in the Company's a shares under relevant PRC laws and regulations, and you are not prohibited from investing in the Company's a shares under relevant PRC laws or regulations or any other regulatory requirements by which the Company is bound (you will be required to legally hold a share account certificate of Shanghai Stock Exchange prior to your purchase of any a shares); and

您确认并保证是合资格的a股投资者，即有资格的中国的自然人、法人及其他机构等境内投资者，以及依照中国有关法律、法规规定有资格投资于a股的境外投资者，但中国法律、法规及中信银行须遵守的其他监管要求所禁止者除外（您需要依法持有上海证券交易所股票帐户卡方可购买中信银行本次发行的a股）；并且

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。