近来

This paper examines the relationship between liquidity risk and stock return with the trade data of the A shares in ShangHai Stock Exchange and Shenzhen Stock Exchange.The method used in this paper is two-pass cross-section regression.After decomposing the liquidity risk into systematic liquidity risk and individual liquidity risk,we find that both risks have significant effect on the stock return.

0引言近些年由于长期资本公司的倒闭以及美国国债市场当中刚发行的国债比发行很久的国债(off-the-run)等资产定价异常现象的发现，越来越多的学者认识到流动性是金融资产一个非常重要的特性，流动性资产定价一直是近来金融研究的热点问题，把流动性引入到资产定价模型当中，可以更加全面、准确的对金融资产进行定价。

I recently found out that the fat of raw organic dairy products, especially butter, contains natural anti-inflammatory nutrients.

近来我发现，未加工的有机奶产品中的脂肪，特别是奶油，含有天然的抗炎成分。

I can never forget the date tree in the courtyard of the house on Zongbu Hutong.

近来，我老是想总布胡同院里那棵枣树。

Recently about myself, seem a decadent youth, waste precious time, studies, business, love, family, seem with me have no relation, always live in myself world use a lies, totally want to evade, also don't want to face that original some problem, I don't know until which day, maybe drift along everyday.

总结一下近来的自己，就像是个颓废的青年，浪费着弥足珍贵的时间，学业、事业、爱情、家庭，好像和我沾不上一点关系，始终是活在自己用谎言堆织的世界里，总也想逃避，总也不想面对自己本来应该面对的一些问题，不知道要等到哪一天，是不是在过一天算一天呢。

Our volunteer, Linda, recently takes a baby dog to flea market for adoption every week, hoping to find a home for this tiny cute thing fast.

我们的志工Linda近来每个星期都会带一只小狗到跳蚤市场以供领养。希望藉由活动可以让这可爱的小动物快点找到家。

However, despite recent rains, conditions for drought-stricken areas in the Atlanta and Richmond Districts remained generally poor.

但另一方面，虽然近来出现了降雨，但亚特兰大和里士满旱灾地区的形势依然不佳。

Atheists and agnostics hate the fact, but these days religion is an inescapable part of politics.

无神论者和不可知论者讨厌这种情况。但近来宗教已经成为政治中不可回避的部分。

Atheists and agnostics hate the fact, but these days religion is an inescapable part of politics.

无神论者和不可知论者憎恶现实，但是近来宗教已成为政治生活无可逃遁的一部分。

But the two American bodies concur in deploring a development that appals libertarians: the impending passage by the UN General Assembly of a resolution on the "defamation of religion", which seems to endorse the idea that liberty of expression can be curbed by law because of the "special duties and responsibilities" that pertain to free speech in sensitive areas like religion.

近来，由57个成员国组成的伊斯兰会议组织在联合国大会推动关于&宗教诬蔑&的决议。这一很有可能通过的决议支持如下观点：因言论自由在宗教等敏感领域负有&特殊义务与责任&，故可以通过法律加以**。

But the two American bodies concur in deploring a development that appals libertarians: the impending passage by the UN General Assembly of a resolution on the "defamation of religion", which seems to endorse the idea that liberty of expression can be curbed by law because of the "special duties and responsibilities" that pertain to free speech in sensitive areas like religion.

近来，由57个成员国组成的伊斯兰会议组织在联合国大会推动关于&宗教诬蔑&的决议。这一很有可能通过的决议支持如下观点：因言论自由在宗教等敏感领域负有&特殊义务与责任&，故可以通过法律加以限制。

I will endeavour to find you some assistance.

我尽力帮你找人帮忙。

At first I only know bruck is the idol of American younglings, afterwards I returned back to Taiwan ,even in Beijing last year ,I saw her poster everywhere, I was so surprised at her charm.

起初我只晓得布鲁克雷德丝是美国少男少女崇拜的偶像，后来回台湾，甚至去年在北京，居然也四处看见她的海报，才惊讶她的魅力之大。