证券市场

A dissentient shareholder of a Cayman constituent company is entitled to payment of the fair value of his shares upon dissenting to a merger or consolidation unless an open market on a recognised stock exchange or interdealer quotation system exists for the shares at the end of the dissent period, and the merger or consolidation consideration consists of shares of the surviving or consolidated company or depository receipts in respect thereof, shares or depository receipts of any other company which are listed on a national securities exchange or designated as a national market system security on a recognised interdealer quotation system or held of record by more than 2000 holders on the effective date of the merger or consolidation, cash in lieu of fractional shares or depository receipts.

一家开曼成员公司中的持异议股东，其在对一项合并或整合作出反对后，可有权获得支付其股份的公平价值，除非（1）在异议期的期末，存在有关该等股份的认可证券交易所公开市场或是交易商同业报价系统，及（2）该等合并或整合的对价乃包含该留存公司或整合公司的股份或其预托证券；于一个全国性证券交易所上市或是在一个认可交易商同报价系统中被指明为乃全国市场系统证券，或是于合并或整合的生效日期由超过2000名有记录可查的持有人持有的任何其他公司股份或预托证券；代替零星股份的现金或预托证券。

Three is to continue to actively and steadily push forward reform and innovation, vigorously develop the corporate bond market, and actively promote the development of the bond market to solve the bottleneck problem of large listed companies through the bond market financing, the issuance of securities to actively promote the reform of the system, perfect IPO pricing system, regulate the issuance of securities listing sponsors business, explore the establishment of investment demand to adapt to market a variety of different distribution patterns, and actively adapt to changes in the situation and the development of the market demand for greater innovation and scientific decision-making and enhance the reform coordination of development measures, through the deepening of reform innovation, market development to explore new ideas, new methods.

三是要继续积极稳妥地推进改革创新，大力发展公司债券市场，积极推动债券市场的发展来解决，通过债券市场融资的大型上市公司的瓶颈问题，证券发行，积极推进制度改革，完善IPO定价制度，规范证券发行上市保荐业务，探索建立投资需求，以适应市场的各种不同的分布格局，积极适应变化形势和更大的创新和科学决策的市场需求发展的决策，增强改革措施的协调发展，通过深化改革，创新，市场的发展探索新思路，新方法。

The purpose of my research is to present a framework of stock broking business, it is based on the actual situation of China's stock market, and refers to the basic marketing theories, use a large maunder of marketing data. I hope this study has value at promoting the operation and managing level of securities organization, especial for those who want upgrade its marketing ability.

本人选取证券经纪业务的营销作为研究对象，目的就是根据中国证券经营机构的实际情况，采用实证的研究方法，引用大量数据，并结合市场营销中的基本理论体系和框架，提出了证券经营机构开展营销活动的整体构想，希望能对证券经营机构在经纪业务中经营和管理水平，尤其是对证券经营机构营销能力的提高有一定的指导作用。

According to the Securities Act, other regulations and some successful experience of overseas dealers in financing field, the paper has designed the pattern of "triplicity of financing channel", which includes the securities financing company, the money market and the capital market.

第三章针对券商融资筹措效率问题，根据新《证券法》和《国九条》在制度层面对券商筹资的要求，并借鉴国外券商的成功经验，为我国券商设计了包括证券金融公司、货币市场、资本市场在内的"三位互补"的筹资方式，并在证券金融公司的资金来源上提出了在"合意"基础上有条件使用客户保证金的构想。

The mechanism has many advantages, such as speciality, efficiency, agility, secrecy. The second chapter discusses about the arbitrability of securities disputes. Depend on classing securities disputes and researching arbitrable affairs, we put forward some suggestion about the arbitrability legislation of securities disputes. What can arbitrate is the securities disputes among stoke exchanges, public companies, stockjobbers, fund manager, and so on. It is beyond arbitrate ability. That the invading disputes happens because of false statement, controlling market, inside trade by public company, stockjobbers, and so on.

第二章论述了证券争议可仲裁事项问题，在对证券争议归类划分与可仲裁事项理论研究的基础上，提出了证券争议可仲裁事项的立法建议，即发生在证券交易所、上市公司、证券公司之间有关证券的争议，基金发起人、基金管理公司、基金托管机构之间有关基金的争议，以及上述主体与会计事务所、律师事务所、资信评估机构等中介机构之间发生的有关证券的争议，均可提交仲裁，但因上市公司、证券公司等主体的虚假陈述、操纵市场、内幕交易引起的证券侵权纠纷，不适用仲裁。

Chapter 2 described the origin and scope of misstatement in issue market, it also addressed the legal definition of misstatement in issue market (false records, misguiding statements, material omissions and inadequate disclosures).

第二章简介了虚假陈述的概念渊源及定义，界定了证券发行市场虚假陈述的范围，并在此基础上论述了证券发行市场虚假陈述行为的法律界定——虚假记载、误导性陈述、重大遗漏以及不正当披露。

A foreign company can trade on the New York stock exchange (1)by placing some of its shares in the bank. An American depositary receipt is given in place of the stock, and can be traded on their exchange.

一家外国公司要想在纽约证券交易市场上买卖股票，只需要将一部分股票交给银行保管，然后用美国信托证券用来代替这些外国公司的股票，因而能在美国市场上交易。

According to an authoritative source, has been submitted to the Supreme People's Court "Securities Act" proposed draft judicial interpretation "on hearing the Securities infringement dispute case provides a number of", proposed the abolition of the Chief of the Securities infringement litigation Pre-procedure, and insider trading, market manipulation and other violations of securities are included in the scope of the lawsuit can be filed Dec.

据权威人士透露，已经提交给最高人民法院&证券法&提出了关于审理证券侵权纠纷案件的司法解释&，提供了&的号码，建议取消对证券侵权诉讼前行政，程序，内幕交易，操纵市场和其他违反证券是在诉讼的范围包括可申请（12月9日，根据&中国证券报&）。

Authoritative sources yesterday disclosed that have been submitted to the Supreme People's Court "Securities Act" proposed draft judicial interpretation "on hearing the Securities infringement dispute case provides a number of", proposed the abolition of securities infringement litigation front administrative procedures and insider trading , To manipulate the market and other securities violations are brought into the can.

证券取消原先民事诉讼据报道，最高法院的建议权威昨日透露，已经提交给最高人民法院&证券法源&提出的审理证券侵权纠纷案件的司法解释草案&提供了&的号码，提出了证券侵权诉讼前和行政程序取消内幕交易，操纵市场，和侵犯其他证券被带入可以。

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。&

And Pharaoh spoke to Joseph, saying, Your father and your brothers have come to you.

47：5 法老对约瑟说，你父亲和你弟兄们到你这里来了。

Additionally, the approximate flattening of surface strip using lines linking midpoints on perpendicular lines between geodesic curves and the unconditional extreme value method are discussed.

提出了用测地线方程、曲面上两点间短程线来计算膜结构曲面测地线的方法，同时，采用测地线间垂线的中点连线和用无约束极值法进行空间条状曲面近似展开的分析。