金融市场

In order to expose more exactly of the market risk faced by financing institutions,and manage risk more deeply and completely,This article expands research in the following aspects:multivariate abnormal distribution family,the measurement of correlati on function in the portfolio selection and Copula function.

为了能更准确地反映金融机构面临的市场风险，入行深层次的、全面的管理金融风险，本文最后从以下几方面展开了风险价值度量方法的研究：多元非正态分布族，投资组合中相关性度量方法及Copula函数。

Centers such as Singapore, Frankfort and Hong Kong, the establishment of international finance centre in

借鉴新加坡、兰克福、港这三个新兴国际金融中心建设的经验，期货市场应该成为上海建设国际金融中心的突破口。

I had the solidelementary knowledge, the system have grasped the negotiablesecurities investment study, the money market study, the economic, theinternational finance, the Central Bank service, the commercial bankand the business management, the management study, financial controland accounting theory knowledge and so on the market marketing study,could skilled operate the Office office software, attained thestandard spoken Chinese two levels of first-class certificates, passedthe English four levels of tests, simultaneously, I also widely readthe massive books in 课余时间, not only enriched own, moreoveralso has raised own various skill, more importantly, The rigorousschool tradition and the straight study manner molded I simple, wassteady, the innovation, the disposition characteristic to thecommunication, has genially borne hardships and stood hard work, theearnest responsible work characteristic.

我具有扎实的基础知识，系统的掌握了证券投资学，金融市场学、经济学、国际金融、中央银行业务、商业银行与业务管理、市场营销学、管理学、财务管理和会计学等理论知识，能熟练操作Office办公软件，获普通话二级甲等证书，通过了英语四级考试，同时，我还在课余时间广泛阅读了大量的书籍，不但充实了自己，而且也培养了自己多方面的技能，更重要的是，严谨的学风和端正的学习态度塑造了我朴实、稳重、创新、的性格特点和善于沟通、吃苦耐劳、认真负责的工作特点。

The Underwriter may terminate its commitment under the Underwriting Agreement at any time prior to the Latest Time for Termination if: there shall develop, occur, exist or come into effect: any new law or regulation or any change in existing laws or regulations or any change in the interpretation or application thereof by any court or other competent authority in Hong Kong or any other place in which any member of the Group conducts or carries on business; or any event or series of events resulting or likely to result in any change in local, national or international financial, political, military, industrial, economic or market conditions; or any change in the conditions of local, national or international securities markets (including but without limitation, the imposition of any moratorium, suspension or restriction on trading in securities generally on the Stock Exchange due to exceptional financial circumstances or otherwise); or any change or development involving a prospective change in Hong Kong taxation or exchange control which will or may affect the Group or a proportion of the existing Shareholders of the Company in their capacity as such, which, in the reasonable opinion of the Underwriter:(1) is or will or is likely to have a material adverse effect on the business or financial condition of the Group as a whole or the Rights Issue; or (2) has or will have or is likely to have a material adverse effect on the success of the Rights Issue or the level of Rights Shares taken up; or (3) makes it inadvisable or inexpedient for the Company to proceed with the Rights Issue; or there comes to the notice of the Underwriter: any matter or event showing any of the representations, warranties and undertakings made by PIL and the Company was, when given, untrue or misleading or as having been breached in any respect; or any breach by any of the other parties to the Underwriting Agreement of any of their respective obligations or undertakings under the Underwriting Agreement or under any of the PIL Letter of Undertaking, Option Undertakings or the Sub-underwriting Letter, then and in any such case the Underwriter may, upon giving notice to the Company and PIL, terminate the Underwriting Agreement with immediate effect.

倘发生下列事件，包销商可于最后终止时间前任何时间终止其根据包销协议之责任：以下情况将会出现、发生、存在或生效：香港或本集团任何成员公司经营或从事业务所在任何其他地方之法院或其他主管机关颁布任何新法律或法规，或更改现行法律或法规，或有关法律或法规之诠释或应用有变；或发生任何事件或连串事件导致或可能导致本地、国家或国际金融、政治、军事、工业、经济或市况有变；或本地、国家或国际证券市场之状况有变（包括但不限于因特殊金融状况或其他原因而暂时禁止、暂停或限制港交所之整体证券交易）；或香港税务或外汇管制有变或出现可能导致变动之事态发展，而将会或可能对本集团或本公司部份现有股东产生影响，而包销商合理认为上述情况：(1)会或将会或可能会对本集团整体之业务或财务状况或供股有重大不利影响；或(2)经已或将会或可能会对供股之成功或供股股份之认购数量有重大不利影响；或(3)令本公司进行供股变得不智或不宜时；或包销商得悉：任何事情或事件显示太平船务及本公司所作出之任何陈述、保证及承诺于作出时在任何方面属失实或构成误导或遭违反；或包销协议之任何其他订约方违反彼等各自根据包销协议或任何太平船务承诺函、购股权承诺或分包销函件之任何责任或承诺，而在此情况下，包销商可向本公司及太平船务发出通知即时终止包销协议。

Modern and efficient domestic market structures make important contributions to financial intermediation, financial stability and sustained economic growth.

现代化和高效率的国内市场结构对金融中介结构、金融体系的稳定和经济的持续增长，做出了重要贡献。

But four state-owned commercial banks as the dominant force of China"s banking are facing difficulties of low capital adequacy ratio, weak internal and external supervision system and lacking market discipline mechanism, which are far from the requirements of the New Capital Accord and bring about many financial risks and threat the safety of China"s finance.

但以四大国有银行为主体的中国银行业面临着资本充足率低下、内外监管体系脆弱、市场约束机制缺乏等困难，这不仅与新资本协议的要求相差太远，还引致许多金融风险，威胁着中国金融的安全和国际竞争力。

In yesterday's just-concluded summit of the G20, though not beyond the reach of market expectations, but, as the largest emerging economies of China, will continue to stand with a responsible attitude to deal with the active participation of international cooperation in financial crisis, China is willing to The active participation of the World Bank, International Finance Corporation plans to trade financing.

在昨天刚刚结束的20国集团首脑会议，虽然没有超出市场预期范围，但是，作为最大新兴经济体的中国，将继续以负责任的态度立场，处理金融危机的国际合作，积极参与，中国愿意在世界银行，国际金融公司的积极参与贸易融资的计划。

Currently, there are mainly two types of financial systems, which are Bank-Oriented System and Market-Oriented System, They collocate resource and promote economy-growth through each relatively-advantage function, and Interweavement and Inter-assimilating Phenomena take place in the developing course of the above two types of financial systems.

当前，主要存在着银行主导型和市场主导型两种金融体系，它们发挥着各自的比较优势功能来进行资源配置和促进经济增长，并且两种金融体系发展中呈现出相互交织与吸收的景象。

Tianhui Investment Advisory Co., Ltd. is a customer to provide professional investment management, financial advisory services to introduce the company, has a rich investment advisory and asset management experience in high-quality staff to an independent professional investment advisors and financial institutions and large-scale agent the financial investment products, and providing Hunan regional capital market investment and asset allocation research and consultancy services.

天惠投资咨询有限公司是一家为客户提供专业投资、理财服务的咨询引介公司，拥有一支具有丰富投资咨询和资产管理经验的高素质员工队伍，以独立专业投资顾问与大型金融机构合作并代理各项金融投资商品，提供湖南地区资本市场及资产分布等投资研究与顾问咨询服务。

Financial globalization is an inevitable and irreversible historical process. Opening up the financial services market is an inevitable choice for developing countries including China.

摘要金融全球化是一个必然发生的、不可逆转的历史进程，全方位开放金融服务市场是包括中国在内的发展中国家成员的必然选择。

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。