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This approach will enable the different investors bear the risk, and access to the corresponding rewards. The first two methods did not consider investors attitudes of risk and the expected price of the spot or futures. However, the hedger of the maximize effectiveness calculates the optimal hedge ratio through the establishment of investors utility function and calculus.

前面两类方法都没有考虑投资者的风险态度和对现货或者是期货价格走势的预期,而效用最大化套期保值通过建立投资者的效用函数,再利用微积分求最值的方法来计算最优套期保值比率。

"Dark horse notice leading network" using the Internet to recruit members to join, the site controller赵东荣unauthorized use of web sites and local newspaper advertising, to provide investors with advice and recommended stocks, and from the investors to extract a profit into a 1-2 honorarium, Second OO year so far to Beijing, Shanghai, Jiangsu and other 30 provinces, municipalities, and provide investors with more than 200 illegal investment advice, a total of 7.18 million yuan of illegal income .

"黑马通知领先的网络",利用互联网招募成员加入,该网站控制器赵东荣的网站和地方报纸广告擅自使用,提供咨询和推荐的股票投资者,并从投资者提取到一个1-2酬金,二OO一年,到目前为止,北京,上海,江苏等30个省,直辖市实现盈利,并提供200多个非法投资咨询,为7180000元的非法收入总额的投资者。

Last year, the thriving stock market, share-trading reform is the result of extreme prosperity is not normal, on the one hand, it reflects the investors eliminate the anxiety over the many years after the stock market in the future development of enhanced confidence, on the other hand, Part of institutional investors and rational investors over the next few years for "non-size" the lifting of the ban have the impact of psychological care, seize the moment to make a left.

去年的股市极度繁荣,就是股权分置改革的结果,极度繁荣也不是正常的,一方面,它反映了投资者对祛除笼罩多年的一块心病后对股市未来发展增强了的信心,另一方面,机构投资者和一部分理智的投资者,也对今后几年"大小非"解禁的冲击抱有的谨慎心理,抓紧时间赚一把就走。

Investors even more worrying is the current market rentable floor, with the Japanese business increased financial strength as a result of investors is different from the rent demands and the ability to hold the differences can easily cause investors vicious competition, which eventually led to the overall regional business market prices fell sharply.

投资者更令人担忧的是目前的市场可出租楼面,与日本企业增加了资金实力,由于投资者的不同需求和租金的能力,持有不同的投资者可以很容易造成恶性竞争,最终导致对整个区域商业的市场价格大幅下跌。

In the relatively well-developed capital market situation, if the new growth for the industry and market of great potential, then the rational investors will be willing to take risks, high debt ratio would mean that the high rate of return, if the new to the industry is not ideal, investors will be for future investments of self-judgment, because rational investors and creditors are fully capable of enterprises through the evaluation of future prospects to determine whether the liquidation value of its assets exceed its liabilities face value.

在资本市场相对发达的情况下,如果新进行业的增长性及市场潜力巨大,则理性投资者会甘愿冒险,高负债率即意味着高收益率,如果新进行业并不理想,投资者会对未来投资进行自我判断,因为理性投资者及债权人完全有能力通过对企业未来前景的评价,来判断其资产清算价值是否超过其债务面值。

In the wake of Chinese News' articles, on Sunday Oct. 25, Tang held an investors meeting at the Holiday Inn at Woodbine and Steels Aves. According to the minutes of the meeting obtained by Chinese News, while 35 investors, particularly those who signed consent forms, showed strong faith in and support for Tang, several investors came to the meeting with a confrontational attitude and voiced their strong disagreement.

继《大中报》的文章发表后,唐于10月25日在位于Woodbine/Steel的Holiday Inn召开了客户集会,根据《大中报》获得的会议记录,有35名投资者,尤其是那些已经签署同意书的投资者表达了他们对唐的强烈信任和支持,但也有数名参加会议的投资者持反对意见,表示强烈不认同。

And with European investors battening down the hatches, figures from the European Fund and Asset Management Association suggest that Asian investors accounted for 90 per cent of net sales of Luxembourg and Dublin-based "offshore" Ucits funds in 2007, with demand holding up in the first four months of 2008 even as European investors rushed for the exits.

此外,欧洲基金和资产管理协会(European Fund and Asset Management Association,简称EFAMA)公布的数据显示,由于欧洲投资者纷纷封仓,2007年,总部设在卢森堡和都柏林的&离岸&UCITS基金的净销售额中,90%来自亚洲投资者。因此,2008年头4个月,虽然欧洲投资者匆忙撤离,但这些基金的需求仍保持了升势。

The company identifies, evaluates and executes real estate transactions for CarVal Investors, a global investment company and other large institutional investors (such as Citigroup, Secured Capital Japan and DEGI) and provides asset management services to those investors.

凯龙的公司核心领导团队既具有在美国、西欧及日本市场的广泛国际投资知识和资金运作经验,又具有对中国地产知识的深刻了解。

As the economic growth goes by, the institutional investors play a more important role than ever before. The institutional investing strategy to individual security becomes a significant referral to the general investors. Positive feedback trading is the most popular method which the institutions take their investing. It was introduced by Jegadeesh and Titman (1993) to use the underreaction of the investors to the news in the period of 3 to 12 months and get some profits by longing the past winners and shorting the past losers.

中文摘要随著台湾经济的发展和开放,机构法人在股票市场中扮演了举足轻重的地位,对於一般投资人而言,法人们的投资策略具有相当高的参考价值,正向回馈交易是由Jegadeesh and Titman (1993)藉由买进过去赢家并卖出过去输家所做得投资组合来获得报酬,但只考虑过去的累积报酬会否有较佳的收益呢?

Based on anatomizing these four types, this dissertation probes into establishing a set of investors compensation systems which consist of civil compensation system and non-litigant compensation scheme in order to protect securities investors' interests under our present circumstances and recover their loss incurred by fraud action. Perfecting measures matched with these two systems, they bring out the best in each other and supplement each other so as to effectively realize both aims. One is that providing adequate compensation for the victim investors, protecting their interests and resuming their confidence in market. The other is that availably striking and overawing the securities fraud action.

本文在对证券欺诈的四种主要表现形式深入剖析的基础上,探讨在我国现实条件下为保护证券投资者权益,构建一套以民事赔偿制度为主、非诉赔偿制度为辅的投资者赔偿体系,对欺诈行为给投资者造成的损失给予实际补偿,二者相得益彰,相辅相成,加上与其相配套措施的完善,以更有效地实现对受欺诈投资者提供足够补偿、保护其利益、树立其市场信心以及有力打击、威慑证券欺诈行为的双重目标。

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如果你不幸失恋了,请告诉我,我会帮助你摆脱困境,真的,请联系我啦!

China's plan to cut energy intensity by 20 percent and pollutant discharges by 10 percent between 2006 and 2010 is a case in point.

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