上市证券

Early in 2000, the central bank and the SFC will allow qualified securities companies to self-shares and securities investment fund certificates as collateral for loans to commercial banks.

早在2000年，中央银行和证监会将允许符合条件的证券公司以自股票和证券投资基金券作抵押贷款的商业银行上市。

Self Descriotion: Specialize on the legal services in corporate and securities, and financial investments; legal services in capital market, property rights regime and reform, definition and trading of property rights, industry convergence and reform of state management system, etc; legal services on capital operations projects, like joint-stock system reform, issuing and listing of securities (including A shares, B shares, H shares, rationed shares, newly issued shares, convertible loan shares, debenture and fund), and finance; specialized legal services in law-based administration of government departments, foreign investments, corporate acquisitions and reorganizations and insolvency liquidation, etc; legal services in overall planning of large projects and design of significant procedure, and negotiations on projects of overseas financing and investments, etc.

或评价：本人擅长公司与证券、金融投资领域的法律服务项目；资本市场、产权制度与产权改革、产权界定与交易、产业整合、国有资产管理体制改革等领域的法律服务项目；企业股份制改造、证券发行上市（A股、B股、H股、配股、增发新股、可转债、公司债、基金）、金融等资本运作项目；政府机关依法行政、外商投资、企业并购重组、破产清算等领域的专项法律业务；大型项目的整体方案策划与重大流程设计、对外投融资项目谈判等法律服务。

Yintai investors who have acquired real estate development and management, financial and securities industry, investment and management, large-scale commercial operation of the three core department store business, its stake in listed companies such as Yintai, securities companies have Tianyi Securities, There are built in various parts of the Yintai chain department stores, as well as Yintai Sanya Resort Intime hotel and Zhejiang, Ningbo Yintai, Shenyang Yintai, Yintai home, such雍和家园to real estate-oriented integrated enterprise.

银泰投资谁获得了房地产开发和管理，金融和证券业，投资和管理，大规模的商业运作的三个核心百货店业务，其股份的上市公司，如银泰，天一证券公司证券公司，有建于各个部分银泰连锁百货公司，以及三亚银泰度假酒店和浙江银泰，宁波银泰，沉阳银泰，银泰主页，如雍和家园以房地产为导向的综合性企业。

On Monday, 3 August 2009 if in the reasonable opinion of the Underwriter: the success of the Rights Issue would be materially and adversely affected by: the introduction of any new law or regulation or any change in existing law or regulation (or the judicial interpretation thereof) or other occurrence of any nature whatsoever which may in the reasonable opinion of the Underwriter materially and adversely affect the business or the financial or trading position or prospects of the Group as a whole; or the occurrence of any local, national or international event or change, whether or not forming part of a series of events or changes occurring or continuing before, and/or after the date hereof, of a political, military, financial, economic or other nature (whether or not ejusdem generis with any of the foregoing), or in the nature of any local, national or international outbreak or escalation of hostilities or armed conflict, or affecting local securities markets which may, in the reasonable opinion of the Underwriter materially and adversely affect the business or the financial or trading position or prospects of the Group as a whole; or any material adverse change in the business or in the financial or trading position of the Group as a whole; or any material adverse change in market conditions (including, without limitation, a change in fiscal or monetary policy or foreign exchange or currency markets, suspension or restriction of trading in securities) occurs which in the reasonable opinion of the Underwriter makes it inexpedient or inadvisable to proceed with the Rights Issue; or the Prospectus or announcements of the Company published since the date of the Underwriting Agreement when published contain information (either as to business prospects or the condition of the Group or as to its compliance with any laws or the GEM Listing Rules or any applicable regulations) which has not prior to the date hereof been publicly announced or published by the Company and which may in the reasonable opinion of the Underwriter is material to the Group as a whole and is likely to affect materially and adversely the success of the Rights Issue or might cause a prudent investor not to accept the Rights Shares provisionally allotted to it, the Underwriter shall be entitled by notice in writing to the Company, served prior to the Latest Time for Termination, to terminate the Underwriting Agreement.

务请注意，倘包销商合理认为，则包销商可于二零零九年八月三日下午四时正前，随时向本公司发出书面通知，终止包销协议所载的安排：供股之成效将因下列事项而受到重大不利影响：引入任何新法律或法规，或现行法律或法规有任何改变，或发生包销商合理认为可能对本集团整体业务或财务或贸易状况或前景构成重大不利影响之任何性质之其他事件；或发生任何本地、全国或国际的政治、军事、财务、经济或其他性质（不论是否与上述任何事件同类）之事件或变化（不论是否于本公布日期之前、当日及╱或之后发生或延续之连串事件或变动之一部分），或任何本地、全国或国际性之敌对行为或武装冲突爆发或升级，或发生会影响本地证券市场的事件或变化，且包销商合理认为该等事件或变化可能对本集团整体业务或财务或贸易状况或前景构成重大不利影响；或本集团整体业务或财务或贸易状况出现任何重大不利变动；或市场状况发生任何不利变动（包括但不限于，财务或货币政策或外汇或货币市场的任何变动、证券买卖暂停或受到限制），而包销商合理认为该等变动很可能使进行供股变得不宜或不智；或本公司于包销协议日期后发出之章程或公布载有于本公布日期前本公司未公开发布或刊发之资料（不论关于本集团业务前景或状况或本集团遵守任何法律或创业板上市规则或任何适用法规的情况），而包销商合理认为该等资料可能对本集团整体而言属重大，并很可能对供股的成效构成重大不利影响或可能导致审慎投资者不接纳获暂定配发的供股股份，则包销商可于最后终止时间前，向本公司发出书面通知终止包销协议。

In addition, the sponsors are Everbright Securities and Orient Securities, is listed on the road to face the test results.

此外，赞助商是光大证券和东方证券，上市的道路上面临的测试结果。

Oppenheim, Nasdaq Stock Market, WR Hambrecht and Skillnet invite you to a presentation where we will discuss the opportunities for your potential Listing on the Deutsche Boerse / Nasdaq Stock Market.

Oppenheim投资银行、美国WR Hambrecht投资银行以及Skillnet管理投资咨询共同邀请您出席本次论坛，会议将讨论受邀企业在法兰克福证券交易市场和美国纳斯达克证券交易所上市的潜在机会。

As the important participator of securities market, enterprises are the information resource of securities market.

目前，上市公司会计信息披露中存在的重要问题是信息失真，这个问题已经严重影响到我国证券市场的稳定发展，对证券市场的规范运作提出了挑战。

Listed companies should be able to direct or indirect access to insider information submitted to the Stock Exchange insider list for the record; insider insider information to buy back shares in the program before the public, not to disclose the information should not purchase or sell securities of the company The proposed sale or other securities of the company.

上市公司应能直接或间接获得的内幕提交联交所备案内幕信息列表；内幕信息，回购股票的计划在公众面前，不得披露的信息应不得买卖该公司证券的拟议的出售或公司的其他证券。

This paper is based on previous studies of value premium. The sample is from Shanghai and Shenzhen Stock Market, all the A stocks issued before 1999 are included. The paper tries to answer three questions:(1) whether there is value premium in Chinas stock market;(2) whether the value premium is caused by risk premium;(3) whether the value premium is caused by investor sentiment.

在这种背景下，本文在借鉴前人已有研究成果的基础上，选取上海证券交易所和深圳证券交易所1999年1月1日以前上市的全部A股为研究对象，试图研究三个问题：第一，中国股票市场是否存在价值溢价现象；第二，价值溢价是否是由风险补偿引起的；第三，价值溢价是否是由投资者情绪引起的。

Infineon is listed on the Frankfurt Stock Exchange and on the New York Stock Exchange (ticker symbol: IFX).

现在，公司已经在德国法兰克福证券交易所及纽约证券交易所挂牌上市。

I'm strongly against the death penalty — it's an eye for an eye.

我不赞成死刑——这是以牙还牙的报复行为。

And to get you the support you need, we're enlisting all elements of our national power: our diplomacy and development, our economic might and our moral suasion, so that you and the rest of our military do not bear the burden of our security alone.

并给你们所须的支援，我们正徵召国家所有各种的力量：我们的外交及发展，我们的经济力量与道德劝说，所以你们与其他军人不须要孤独地负起国家安全的责任。