secondary stock meaning in English
次级股票
二次纤维，废纸浆
废纸浆
Examples
- The open - end fund is designed to issue and redeem shares from investors , directly , rather than through the secondary stock market
其基金管理公司可随时向投资者发售新的基金单位，也需随时满足投资者赎回其持有基金单位的要求。 - And the distribution of stock dividend in a high percentage can devalue the future market achievement of the company . other companies developed their policy of dividend distribution purely for the purpose of meeting the developing tendency of the price of the secondary stock market . this greatly twisted the stock price and does even serious harm to the long - term holders who are keen on the stock dividend
武汉理工大学硕士学位论文这种不分红或过度的以送红股的方式分配，不利于真正实现股东价值的最大化，而且高比例送股不仅会使原有股东的股权稀释，也会给企业未来业绩造成巨大压力;或纯粹为了配合二级市场走势而制定分红政策，使股票价格扭曲，更不利于培养具有股利偏好的长期投资者。 - The third chapter first describes the operating mechanism of private funds , then focuses on practical methods to control the risks involved . comparatively speaking , china ' s private funds do n ' t have as many investment tools as their foreign counterparts and they mainly operate in the secondary stock market . as a result , the risks private funds confront are tremendous : private funds in china have no legal status , which indicates that the fund contract ca n ' t get proper legal protection ; the stock market has been far from perfect so that private funds have inadequate instruments to avoid risks ; the listed companies participating in private funds are vulnerable to risks ; private funds investors also confront the risks of unexpected policy change
我国的私募基金与国外相比，运作方式较为单一，主要在二级市场操作，大部分依靠作大成交量，获取券商返还佣金来获取收益，以跟庄、锁仓、联合坐庄为主要投资策略，以中线持股、波段炒作为主要战术，这就决定了我国私募基金面临着巨大的风险：我国私募基金没有合法地位，基金契约合同不受法律保护；证券市场品种单一，没有避空机制，期权、期货等金融衍生工具甚至根本不存在；上市公司参与私募基金引致巨大风险；由于目前国家对私募基金的立法没有正式出台，投资者还面临着政策调整的风险。