不能上市 meaning in English
unmarketable
Examples
- However , since its establishment , china ' s stockmarket has great defects . the most obvious one is that the equity ownership structure has been divided , and the state - owned stock ca n ' t circulate
我国股票市场自建立以来就面临多方残缺，其中最为突出的是股权结构不合理，股权结构人为分割，国有股权占绝对比重且不能上市流通。 - The result is a growing market in which hedge funds , buy - out groups and investment banks , club together to finance private deals for firms that are too small for initial public offerings , or are growing so fast that they would rather wait
结果就是私募市场的发展，在这个市场中，对冲基金，收购集团和投资银行联合起来为太小而不能上市或者发展太快不能等待的企业私募资金。 - The non - circulating characteristics of the state - owned shares , the state - owned institutional shares and the corporate shares , accounting for about two thirds of the total shares , artificially cause the contradiction between supply and demand of the shares and lead to the deficiencies of the stock market ’ s function . as a result , the liquidity , which is an important feature of the effective market , loses its function of resource allocation
在我国股票市场中,占股份总数大约三分之二的国家股和国有法人股不能上市流通,人为地造成股票市场的供求矛盾,这种股份的流动性分裂现象,即股权分置现象,导致了我国股票市场功能的缺失,使得作为有效市场重要特征的流动性失去了其资源配置手段的作用。