证券

Sixty-third, according to the original article, the above-mentioned acts holdings of shareholders need to submit an application before the Commission, if the SFC since received the required application documents from the date of five working days no objections were made before we can with the Securities exchanges and securities registration and settlement agencies apply for transfer and transfer of shares registered.

第六十三届，按照原来的第上述股东持有的行为，必须向委员会提交申请，如果证监会自收到了五个工作没有任何人反对天前，我们提出要求的申请文件之日可证券交流与证券登记结算机构申请转让和股份转让登记。

Although their reliance on the U.S. prevents them from aggressively selling dollars outright, their switch from long to short-dated securities is a precautionary measure in case they need to move money around,' Ms. Lien said.

莲恩说，虽然对美国的依赖阻止了他们直接大规模抛售美元，但他们从长期证券转向短期证券则是一种预防措施，这样做是为了在需要时能够方便地转移资金。

In this round of global stock market adjustment, the Hang Seng Index has fallen far less than the Shanghai Composite Index, but Hong Kong shares end stronger reason, there are several: First, A shares The current average price-earnings ratio of 15 times, while Hong Kong stocks average price-earnings ratio of only 8 times, funds flow to the lower, resulting in the recent Hong Kong stocks rose, while the A shares are still hesitate to move forward; Secondly, the central rate repurchase focus on the H shares, a price comparison of the most typical is now China's oil price of A shares for more than 10 yuan, while the H shares with the right stocks, only 5 more than the Hong Kong dollar, of course, which流通盘size factor, but China's oil major shareholders to buy back its own shares will not take this factor into consideration, if the major shareholders have to consider if the cost of repurchase, H shares more attractive is beyond doubt; and thirdly, the size of the non-lifting of the ban is still in circulation is the pressure in the A share market, the head of a big mountain, but a typical example is the recent Haitong Securities to the size of the non-lifting of the ban period, the outstanding shares for 2.3386 billion shares of Haitong Securities, the size of the non-even up to 79.9396 billion shares, although the size of non-release is gradual, all in circulation there is a process, but it hung a "barrier lake" effect of the market fears.

恒生指数的跌幅远远高于上海综合指数，但香港股市年底更有理由较少，有几个：首先，A股目前的平均价格市盈率为15倍，而香港股市的平均市盈率仅8倍的比例，资金流量较低，在最近香港股市上涨造成的，而A股仍毫不犹豫地向前推进；第二，中央率，H股回购的焦点，一个最典型的价格比较现在是中国的石油A股超过10元的价格，同时拥有股票的H股中，只有5比港币，当然，而流通盘的大小的因素，但中国的石油大股东回购自己的股票将不考虑这一因素，如果大股东要考虑如果回购成本，H股更具吸引力是毋庸置疑的，第三，大小非解禁仍是流通是在A股市场的压力，一座大山的头部，但一个典型的例子是最近海通证券的大小非，禁售期间解除为2338600000的海通证券，在大小非流通股股份，甚至高达799.396亿股，虽然大小非释放是渐进的，所有流通有一个过程，但挂着&堰塞湖&影响市场的担忧。

In this round of global stock market adjustment, the Hang Seng Index has fallen far less than the Shanghai Composite Index, but Hong Kong shares end stronger reason, there are several: First, A shares the current average price-earnings ratio of 15 times, while Hong Kong stocks average price-earnings ratio of only 8 times, funds flow to the lower, resulting in the recent Hong Kong stocks rose, while the A shares are still hesitate to move forward; secondly, The focus of the central enterprises to buy back into the H shares, a price comparison of the most typical is now China's oil price of A shares for more than 10 yuan, while the H shares with the right stocks, only 5 more than the Hong Kong dollar, of course, there are流通盘size factor, but China's oil major shareholders to buy back its own shares will not take this factor into consideration, if the major shareholders have to consider if the cost of repurchase, H shares more attractive is beyond doubt; and thirdly, the size of the non-lifting of the ban circulation is still pressure in the A share market, the head of a big mountain, but a typical example is the recent Haitong Securities to the size of the non-lifting of the ban period, the outstanding shares for 2.3386 billion shares of Haitong Securities, the size of the non-even up to 79.9396 billion shares, Despite the size of the non-release is gradual, all in circulation there is a process, but it hung a "barrier lake" effect of the market fears.

恒生指数的跌幅远远高于上海综合指数，但香港股市年底更有理由较少，有几个：首先，A股目前的平均价格市盈率为15倍，而香港股市的平均市盈率仅8倍的比例，资金流量较低，在最近香港股市上涨造成的，而A股仍毫不犹豫地向前推进；第二，重点中央企业将购回的H股，一个最典型的价格比较现在是中国的石油A股超过10元的价格，同时拥有股票的H股中，只有5较港元当然，有流通盘的大小的因素，但中国的石油大股东回购自己的股票将不考虑这一因素，如果大股东要考虑如果回购成本，H股更具吸引力是毋庸置疑的以及第三，大小非流通的禁令解除仍然在A股市场的压力，一座大山的头部，但一个典型的例子是最近海通证券的非规模的解除班期间，二十三点三八六亿海通证券，在大小非流通股股份，甚至高达7993960.0万股份，尽管大小非释放是渐进的，所有的流通有一个过程，但它挂1 &堰塞湖&市场担忧的影响。

In China, the upcoming trial in the margin business transactions, they are required to deposit as a pledge by investors from securities companies to borrow shares to sell, a prerequisite for selling investors securities account be true in the stock, short selling may not be first, and then borrowed.

在中国，在商业交易保证金即将来临的审判，他们必须存款作为投资者从证券公司股票质押借款出售，出售投资证券账户，一个先决条件，在股票的真正，卖空可能不是第一，然后借来的。

The selling of the investment in stocks borrows to record the lump with the figure of the received , and reflect with the cost credit equities securities account of the selling securities.

股票投资的出售是以收到的金额借记现金，并以出售证券的成本贷记权益性证券账户来反映。

These steps may include buying, selling, or selling short for my account, and at my risk, any put, call, underlying security or other security necessary to protect Scottrade from loss or damage.

这些措施可包括在本人承担风险的前提下代表本人出售、购买或卖空任何必要的卖权、买权、期权相关证券或其它证券，以保护Scottrade免遭损失或损害。

Then we study investors\' behavour in China by using the questionnaire method from three dimensions—investor\'s knowledge,psychology and behavior and from seven affecting factors—motive,securities investment Knowledge,awareness of risk,investment philosophy,trading,investment decision-making rule and investment performance.Aiming at these investment characteristics we examines the conservative bias and the reasons for the deviation from mental deviation from the emotional,social psychology and cognitive psychology deviation and from over-confidence,loss aversion,conservatism aversion, excessive fear of selective bias,selecting aversion,gambling psychology,self-attribution,the dependence on the policy bias and rapid money-making psychology.And we analyze investors\' several restrictive conditions during investment decision-making including information and knowledge constraints,psychological constraints,funds constraints and external conditions.

本文从全球股灾的教训及近年来我国证券投资者生存现状出发，从理论和实践两个角度论述了加强投资者教育以提高我国投资者在投资过程中的自我保护能力的重要性；采用调查问卷的方法，从投资者的知识、心理、行为三个构面，从入市动机、证券投资知识、风险意识、投资理念、交易行为、投资决策依据及投资业绩等七个影响因素来考察了我国投资者的投资行为；针对这些投资者的行为特征，从情感心理偏差、社会心理偏差和认知心理偏差三个构面，从过度自信、损失厌恶、保守性偏差、过度恐惧、选择性偏差、赌博心理与自我归因、对政策的依赖性偏差以及暴富心理等影响因素出发对我国投资者的认知偏差，以及产生这些偏差的原因进行了分析，探讨了投资者在投资决策时的几个约束条件，即信息约束、知识约束、心理约束、资金约束以及外部条件约束。

November 21 to 25 of the three trading days, Haitong Securities on a daily basis by hundreds of millions of selling shares closed at the limit, fell from 13.31 yuan to 9.7 yuan, although the price limit in a row, the market is still rare Cares about buying because the market is expected to pass the sea there is a larger space down, but the accident was a big deal of excitement, 31 pen during a big deal to the price of 14.35 yuan (20% of the market value in excess of) hundreds of millions of shares traded,"This is a typical" fool to buy ", it was a big deal for use of the benefits."

11月21日至25日三个交易日，海通证券每天的证券买卖股票收于数以亿计的极限，从一十三点三一元下降到9.7元，虽然连续价格上限，市场仍然是罕见的关怀在购买，因为市场预期通过海上有一个更大的空间下降，但事故是在什么大不了的14.35元的价格兴奋大问题，31笔（20过剩的市场价值％）股票的交易数以亿计，&这是一个典型的&傻子买&，现在是使用的好处一个大问题。&

The majority of companies listed on NASDAQ are smaller than most of those on the NYSE and AMEX.

在纳斯达克名下的大多数公司要比在纽约证券交易所和美国证券交易所名下的大多数公司规模要小。

According to the clear water experiment, aeration performance of the new equipment is good with high total oxygen transfer coefficient and oxygen utilization ratio.

曝气设备的动力效率在叶轮转速为120rpm～150rpm时取得最大值，此时氧利用率和充氧能力也具有较高值。

The environmental stability of that world - including its crushing pressures and icy darkness - means that some of its most famous inhabitants have survived for eons as evolutionary throwbacks, their bodies undergoing little change.

稳定的海底环境─包括能把人压扁的压力和冰冷的黑暗─意谓海底某些最知名的栖居生物已以演化返祖的样态活了万世，形体几无变化。