证券

From the beginning of this year, Ping An of China "hundreds of billions of refinancing," the beginning of almost every true or false or refinancing of listed companies news, the market will lead to a new round of the drop to such an extent that the Securities and Futures Commission to carry out refinancing in the face Norms.

从今年以来，中国平安的"数十亿美元的再融资，"几乎每一个或真或假的消息上市公司再融资，市场将导致对这种下降在一定程度上开始新一轮的证券及期货事务监察委员会进行规范的脸再融资。

Especially of orgnaization of a few big main finance close down, hit investor confidence badly, make security market enters 2 stage new round malign drop, course of study of the state-owend enterprise in bringing about is gone to abroad appear on the market be compared apparent effect.

特别是几大主要金融机构的倒闭，严重打击投资者信心，使得二级证券市场进入新一轮恶性下跌，导致中国企业赴海外上市受到比较明显的影响。

By defining ε-hedging strategy, applying duality principle of linear programming and martingale measure theory, we present a kind of calculation method for the seller's arbitrage price and the buyer's arbitrage price of capital asset in finite security market.

在定义ε-套期保值策略的基础上，采用线性规划对偶原理和鞅测度理论，给出了有限证券市场资本资产的卖方套利价格和买方套利价格的计算方法。

Secondly, we choose the proportion of shares held by institutions as dependent variable, and we use log of the total asset, volatility, beta, Jensen Index, debt-to-asset ratio, dividend yield, turnover ratio, years listed in exchange and HS300 Index dummy as explanatory variables. Then we set up a multiple regression model. Finally, we use the cross-sectional data from the end of 2006 to the end of 2007Q3 to test the relationship between the explanatory variables and the proportion held by institutions.

具体方法如下：首先，在已有研究成果的基础上，对我国机构投资者的审慎性持股偏好提出了两个假设；其次，以机构持股占个股流通盘的比例为因变量，以公司的总资产对数值、波动率、贝塔值、Jensen指标、资产负债率、股息率、年度换手率、上市年限为解释变量，并在引入沪深300虚拟变量后，建立了多元线性回归模型；最后，采用我国证券市场迎来历史性大牛市、机构投资者发展最为迅猛的2006年末-2007年3季末的四个横截面数据，对各解释变量与机构持股比例之间的关系进行了实证检验。

Now that my movement is been monitored for me to travel Abroad, I am seeking for your assistance if I can present you as the beneficiary of the call- deposit to the security company for the release of the deposit to your Account or any of your destination as part of the money being owed to you by Durra oil Refinery Company Iraq.

现在，我已经进行了我移动到国外旅行，我寻找你的帮助，如果我能将受益人的存款的证券公司，为的保证金帐户或任何你的目的地的一部分资金由Durra欠你的石油炼制业公司伊拉克。

In my capacity as the accountant to the Oil Refinery in Durra, I was the only person aware of this financial transaction call-deposit with the security company to be released to whom I will introduce to them as the beneficiary of $25M dollars call-deposit the oil installation company is been owed since I cannot travel to any part of the country as l was declared wanted by the government.

作为会计的石油炼制业中，我是唯一Durra人意识到这一点的金融交易的证券公司call-deposit释放我将介绍给他们为受益人的2500万美元的石油安装公司call-deposit美元，因为我不能被欠旅行到任何部分的国家政府宣布要。

Article 3 Securities companies engaging in the customer asset management business shall comply with the principle of fairness and impartiality, maintain the lawful rights and interests of customers, be honest and creditworthy, diligent and duteous, and avoid the conflict of benefits.

第三条 证券公司从事客户资产管理业务，应当遵循公平、公正的原则，维护客户的合法权益，诚实守信，勤勉尽责，避免利益冲突。

Article 182 The functionary of the securities regulatory authority under the State Council shall be duteous, impartial and clean, and handle matters according to law, and may not take advantage of his post to seek any unjust interests or divulge any commercial secrete of the relevant entity or individual as accessible in his performance.

第一百八十二条国务院证券监督管理机构工作人员必须忠于职守，依法办事，公正廉洁，不得利用职务便利牟取不正当利益，不得泄露所知悉的有关单位和个人的商业秘密。

The paper reviews the literatures on double moral hazard,and in order to overcome the problem that simple contractual instrument can not solve the double moral hazard in venture capital,ponders that combining convertible securities with the dyn...

文章回顾了关于风险投资中双边道德风险的研究，为了克服单纯契约工具都不能完全解决风险投资中双边道德风险的问题，指出将可转换证券和控制权相机安排结合起来，可以为双方提供激励，解决风险投资中的双边道德风险问题。

In China, earnings management has become more and more universal in listed companies with development of securities market.

在我国，盈余管理是伴随着证券市场的发展而产生的，现已广泛存在于我国的上市公司中。

This one mode pays close attention to network credence foundation of the businessman very much.

这一模式非常关注商人的网络信用基础。

Cell morphology of bacterial ghost of Pasteurella multocida was observed by scanning electron microscopy and inactivation ratio was estimated by CFU analysi.

扫描电镜观察多杀性巴氏杆菌细菌幽灵和菌落形成单位评价遗传灭活率。