证券市场

Securities broker system of our country is still a mode for corporate security broker. Securities broker system law and regulation, management organization and function construction are imperfect; the current operation mode is backward and difficult to meet the development of network economy and securities market; besides, there are many defects in securities brokers incentive mechanism, the management system of securities brokers and risk pre-control.

我国证券经纪人制度仍然是以证券经纪商为主体的法人模式，证券经纪人制度法律、法规和管理机构、职能建设不健全；现行运作模式落后，难以适应网络经济和证券市场的发展；同时，在证券经纪人激励机制、内部管理制度及风险管理方面存在着缺陷和不足。

At the basis of this, the article discusses the theory basis and valuefunction of information disclosure system, and advances following points: the springhead ofinformation disclosure system rests with the inter of the security market and the characteristicof the security information; the basic value function of information disclosure system is tomake the security market open, justice and equity.

在此基础上，文章论述了信息披露制度的理论基础和价值功能，提出了以下观点：一是信息披露制度的根源在于证券市场风险的内生性和证券信息的特性本身；二是信息披露制度的基本价值功能是使证券市场的运作公开、公平和公正。第二章探讨和分析了我国上市公司信息披露的现状和原因。

The investment fund of the securities is acting on the more and more important part, and has become the important power in the stock market of China.

证券投资基金在中国的证券市场上正扮演着越来越重要的角色，已经成为中国证券市场上的重要力量。

This paper probes into the establishment and improvement of the capital gains tax system under the present economy circumstance and the situation of the capital market. The tax system may make the capital market develop healthily and steadily. Designing the feasible scheme of tax system and other relevant measures under the principle of impartiality, universality, particularity and taxability is another object of this paper.

该文针对我国目前经济和资本市场的发展现状，基于证券市场的视角，论证我国资本利得税制度的构建与完善，以保证资本市场健康稳定发展、体现公平性、坚持普遍性与特殊性相结合以及可征管性为基本原则，区分证券一、二级市场，提出实际可行的税制设计方案及配套措施。

With the development of the security market, severe IPO underpricing is always a vexed question in our courtry. At the same time, a series of earnings management and financial packaging cases of public companies have been exposed, it pushes the IPO market to a very dangerous position where there is no credibility at all.

我国证券市场发展以来，IPO高抑价问题一直是困扰我国股票市场的重大难题之一，而国内证券市场中一系列上市公司盈余管理和财务包装案件的曝光，使得中国IPO市场出现了诚信危机。

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。

This article amylases the closed funds' discount and theirs investment style based on the behavioral portfolio theory and also review the investors' de...

本文运用行为组合理论，对我国证券市场封闭式基金的折价状况进行了考察，分析了证券投资基金投资风格选择对基金需求的影响及我国证券市场投资者的需求特点和偏好状况。

A unilateral emphasis on the impact of the Security Investment Fund on the security market is ex parte.

片面强调证券投资基金对证券市场的稳定性或是片面认为其对国内证券市场中不具备稳定性，都是不全面的。

In this 20 years,the development of stock market has changed from policy-orientation to Customer Orientation and from buyers' market to sellers' market.

这二十年里，证券市场的发展正在一步步由政策导向朝市场导向转变，由卖方市场转为买方市场，各证券公司的竞争日趋激烈，券商的绝对垄断地位和暴利时代一去不复返。

By studying other successful stock market experience, the function of stock certificate civil case in court in stock market has been recognized much powerful than that of the administration takes.

从海外证券市场较发达的国家的经验来看，证券民事诉讼堪称证券市场不法分子头上的达摩克利斯之剑，对虚假陈述行为人的威慑甚至超过行政监管。

However, as the name（read－only memory）implies, CD disks cannot be written onorchanged in any way.

然而，正如其名字所指出的那样，CD盘不能写，也不能用任何方式改变其内容。

Galvanizes steel pallet is mainly export which suits standard packing of European Union, the North America. galvanizes steel pallet is suitable to heavy rack. Pallet surface can design plate type, corrugated and the gap form, satisfies the different requirements.

镀锌钢托盘多用于出口，替代木托盘，免薰蒸，符合欧盟、北美各国对出口货物包装材料的法令要求；喷涂钢托盘适用于重载上货架之用，托盘表面根据需要制作成平板状、波纹状及间隔形式，满足不同的使用要求。