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In the part of empirical analysis of Chinese IPO first-day return, the difference between existing study and this study is that we use principal components analysis to extract from five factors to construct investors'sentiment index, add it to controled varibles, on which we examine the influence of offering mechanism on IPO first-day return. Moreover, we gather statistics and compare the IPO holding return for lockup period between fixed-price-class offering method and bookbuilding-class offering method, as well as price range between Chinese A-share market and Hongkong stock market, which prvide comprehensive evidence to appraise Chinese IPO bookbuilding mechanism. 2. Compare to the existing literatures which consider discount or allocation, incentive allocation and discount are considered at the same time in optimal mechanism design in this dissertation, and the offering bottom price is introduced to the price range. We investigate the relationship between price range and allocation quantity, and obtain the optimal price range and allocation strategy so that the advantages of independent allocation are reflected. On the other hand, the disadvantages of independent allocation are reflected in the manipulation in case of no restriction on IPO allocation. To distinguish from the existing literatures, bookbuilding mechanism is introduced to the model. We study the allocation strategy adopted by the underwriter in the pooling equilibrium of manipulation. In addition, we analyze the incentive compatibility conditions to which the existence of pooling equilibrium should satisfy and examine some factors'impact on the existence of manipulation.3. In bookbuilding without independent IPO allocation, Chinese realistic IPO background is considered and the condition of bookbuilding and fixed-price hybrid offering is added. Divide bookbuilding and fixed-price hybrid offering into sequential hybrid and simultaneous hybrid, and point out that the key points of subscription strategy in the two kinds of hybrid are different. Through modeling and simulation we obtain the impact of institutional investors'subscription strategy on bookbuilding without independent IPO allocation, which fill the gap in related research. Moreover, in the part of IPO bookbuilding with over-allotment option, the pricing strategy is divided into hot-IPO strategy and weak-IPO strategy. Take into account the procedure of Chinese IPO with over-allotment option, it presents how the underwriter determines the pricing strategy and what effect it brings to offering price and issue size through modeling and simulation. Therefore, it is instructive as a complement to existing literatures.

此外,对我国A股市场询价发行方式与固定价格发行方式下的IPO锁定期到期时持有收益率、以及我国A股市场与香港市场的询价发行价格区间进行了统计比较,为评价我国IPO市场的询价发行提供了比较全面的依据。2、相比已有文献仅考虑折价和分配中的一种激励措施,本论文在有自主配售权下的机制设计中并用了分配与折价两种激励措施,并且在价格区间的制定中引入发行底价,考察了价格区间与分配量之间的关系,得到最优的价格区间和分配策略,从中体现自主分配权的优点;在有自主分配权下的操纵行为研究中则体现了自主配售权的弊端,与已有文献不同的是,在模型中引入了累计投标询价机制,研究了承销商在混同均衡操纵中采取的分配策略,并对操纵存在的条件进行分析讨论,得出各个因素对混同均衡操纵存在的影响。3、在无自主分配权下的询价发行中,充分考虑了我国实际应用的背景,加入了与固定价格发售混合的条件,并将询价与固定价格混合发行分为序贯与同步两种方式,指出机构投资者在两种情况下申购策略的侧重点各有不同,通过对序贯混合发行方式下的网下累计投标策略以及同步混合发行方式下的资金分配策略的模型建立和数值仿真,考察了机构投资者申购策略对无自主分配权下的询价发行的影响,填补了相关研究文献的空白;在包含超额配售选择权的询价发行中,将发行定价策略分为热销策略和弱销策略,在考虑了我国含超额配售选择权的发行流程下,通过建模以及数值仿真得出承销商会对发行定价策略作出怎样的选取,进而会对新股发行价格、发售数量产生怎样的影响,对目前相关研究的缺乏做出了有益的补充。

The incorrect thoughts of crime beneficial theory and relativism idea of criminality existing in do mesic criminal law circle have a spreading tendency,while one of the supportive Viewpoint is to consider that criminal has positive function of arousing examine feeling,i.e criminal can arouse the examine aesthetic feeling of public,which will offer a kind of service to the society.

国内刑法学界当前存在着不正确的&犯罪有益论&、&相对主义犯罪观&思潮,并且有日益漫延的趋势,而其支撑性观点之一,是认为犯罪具有&唤起审判感&的正面功能,即犯罪可以唤起公众的审美感,从而也是为社会提供一种&服务&。对于这一学说的批判,应当逐一进行,而关于犯罪具有唤起审美感观点的批判,是反思和批判此类观点的重要内容。

Based on microlevel data collected in Gansu and Inner Mongolia, the method of data envelope analysis was employed to examine the efficiency of agricultural water utilization, the logical relationship between water use efficiency and water right transfer was analyzed to examine the preconditions for agricultural water transfer against transitional background of Chinese economy.

本文利用甘肃、内蒙2省典型灌区432个农户的实地调研数据,基于数据包络分析方法,对农户灌溉用水效率与农业水权转移的内在逻辑关系进行系统分析,以探索中国转型经济条件下农业水权转移的条件。

Based on microlevel data collected in Gansu and Inner Mongolia, the method of data envelope analysis was employed to examine the efficiency of agricultural water utilization, the ogical relationship between water use efficiency and water right transfer was analyzed to examine the preconditions for agricultural water transfer gainst transitional background of Chinese economy.

本文利用甘肃、内蒙2省典型灌区432个农户的实地调研数据,基于数据包络分析方法,对农户灌溉用水效率与农业水权转移的内在逻辑关系进行系统分析,以探索中国转型经济条件下农业水权转移的条件。

Be clipped by the machine sense of vision of this thesis that to examine the system's design for the battery, and combine then this compare with the traditional craft, and is nowed machine sense of vision strong and big and superior that examine, also now conjecture instrument is in the great development foreground in future market.

由本论文的对于电池夹的机器视觉检测系统的设计,并以此与传统工艺相比较,体现了机器视觉检测的强大优越性,同时也体现了虚拟仪器在未来市场远大的发展前景。

In the whole civil action system, the examine grade system is a most important status, we can say that once the examine grade system radicate,the structure system of whole civil action procedure also make sure.

在整个民事诉讼体制中,审级制度居于十分重要的地位,可以说审级制度一旦确定,整个民事诉讼程序的框架结构体系也就被确定了。

And if the person with whom I am arguing says: Yes, but I do care; I do not depart or let him go at once; I interrogate and examine and cross-examine him, and if I think that he has no virtue, but only says that he has, I reproach him with undervaluing the greater, and overvaluing the less.

如果与我辩论的这个人回答说:是的,但是我毫不在意;我决不会就此离开他或让他离开,我会进一步询问他,检查他,反复检查他,如果我发现他身上没有美德,却说他自己有,我会责备他低估崇高的东西,高估藐小的东西。

Furthermore, preliminary work also performed to examine whether PI3K/AKT signal transduction pathway was activated in the process of refractory leukemia development. Materials and methods An immortalized human bone marrow stromal cell line, HS-5, was introduced to establish a bi-phase culture system for the cultivation of B-lineage precursor leukemia cells. ELISA and RT-PCR were used to investigate the expression of VEGF and its receptors in the leukemia cell lines and primary childhood leukemia cells in different treated groups. Flow cytometory method and immunofluorescent staining were employed to examine the apoptosis signals both in the VP16 treated and untreated leukemia cells. Western blot was utilized to explore the PI3K/AKT activated status in the drug induced or uninduced leukemia cells and lymphocytes from healthy donors.

材料和方法使用来源于人类骨髓基质细胞的细胞株HS-5作为滋养层细胞进行急性淋巴细胞性白血病细胞的体外培养,通过细胞生物学和免疫学方法评估培养体系并鉴定出难治性白血病细胞克隆;以ELISA和RT-PCR方法检测急性白血病细胞株和患儿白血病细胞VEGF及其受体的表达,了解不同治疗阶段VEGF及其受体的表达状况,并结合临床指标进行分析,明确VEGF及其受体在白血病发生过程中的作用;流式细胞仪和免疫荧光染色法对正常健康儿童、初发白血病患儿、复发白血病患儿及缓解后患儿进行凋亡因子检测和分析,初步阐明难治性白血病抗凋亡形成的原因;蛋白印记分析检测PI3K/AKT信号传导通路在健康儿童、初发白血病和复发白血病患儿的表达,初步了解难治性白血病形成的分子生物学机制。

Cases with renal transplantation were performed with dynamic state CDFIin Ultrasound Dept. of Nan fang Hospital from April, 2005 to October, 2006. Theexamine time is respectively after operation in three days, seven days, one month andthree months. Before operation examine the condition of uropoiesis function such as apair of kidney, ureter, bladder and cardiac function. After operation reexamine thecondition of cardiac function once again, and examine TK detailed and completely:First, using two-dimensional imaging to observe the shape and the volume of the TK.Secondly, using Color Doppler to observe the renal artery and each artery inside theTK. Finally, using pulsed Doppler to measure the peak systolic velocity, enddiastolic velocity and resistance index.

对南方医科大学南方医院超声诊断科自2005年4月~2006年10月对152例同种异体肾移植患者进行动态CDFI监测,超声检查时间分别为术前与术后3d、术后7d、1个月及术后3个月,术前超声检查双肾、输尿管、膀胱等泌尿系功能情况及心脏功能情况,肾移植术后再次对心脏功能情况进行跟踪复查,并对移植肾进行详尽检查:先用二维超声观察移植肾的形态、大小,随后应用CDFI观察移植肾动脉及肾内各级动脉的血流充盈情况,最后用脉冲式多普勒测量收缩期峰值流速、舒张末期流速、阻力指数。

Before I begin with my story, I want you to detach yourselves from your individualities, so that you will be able to examine yourselves as I am going to examine Krishnamurti.

在开始我的故事之前,我希望你们把自己从你们的个人特征中分离出来,这样你将能够仔细观察你自己,正如我将仔细观察克一样。

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Gangs fill the daily lives of many of our poorest and most vulnerable citizens with a terror that the court does not give sufficient consideration, often relegating them to the status of prisoners in their own homes.

法院没有充分的考虑到黑社会的猖獗所带来的恐怖,这使得我们最穷、最可怜的市民每天生活在他们的阴影当中,成为在家的囚犯。