circulating market meaning in Chinese
流通市场
Examples
- This article based on the content and came up with a practicable scenario ? to organize state - owned stock circulating market , which ensures the sufficient liquidity of the state - owned stock
文章即是在此基础上提出了从根本上解决国有股权流通的方案? ?建立s股市场,实现国有股权的充分流动。 - The empirical results show : it is weak to explain the portfolios " return for 6 risk - metric indices , however , the two factor variables , the natural logarithm of average circulated market equity and the average of short - term ( one year ) historical return , are able to expla
实证研究结果发现: 6种风险度量指标对股票组合收益率的解释能力十分微弱,而平均流通市值的自然对数和平均短期( 1年)历史收益率2个因素变量对股票组合收益率的解释能力达到76 . 2 % 。 - Chapter two , introduce the problems lies in the distribute of equity resource in the issuing market : problems of distribution inside the trade and among the trades , reorganization of listed companies , affection of issuing price to the distribution of equity resource , problems lies in the distribute of equity resource in the circulating market , use of the equity resource of listed company , analysis of distribute of equity resource in the stock market of china , state - owned economics administration system and regulation of stock market
第二章,介绍股票?级市场股本资源配置中的问题:行业内配置的问题、行业间配置的问题、上市公司的重组方式问题、发行定价对股本资源配置的影响;股票二级市场股本资源配置中的问题:配股资源配置的问题、上市公司股本资源使用的问题;中国股票市场股本资源配置的总体效应和原因分析:国有经济管理体制因素、股票市场管理规则因素。 - By using serial correlation test and cross - section test through the data of the share companies that were listed in shanghai stock exchange before 16th oct 1998 , the size effects in china stock market was tested in the period from 16th oct 1998 to 26th oct 2001 . all the share companies which in total 373 were grouped into 11 according to four different criterions . these four different criterions were total circulating captal stocks , total circulating market value , total capital stocks , total value of a share company . through the correlation test between the abnormal return rate and the size of the group , no size effect was found through the size criterion of the total value and the total circulating value except only one period
运用序列相关性我国股票市场的小公司效应进行实证检验,所采用的样本是在1998年10月16日以前挂牌上市的373家上市公司从1998年10月16日到2001年10月26日,共150周的交易数据。对公司进行以规模大小分组时,分别采用了流通市值、流通股本、总市值和总股本四种不同的标准进行投资超额收益率规模相关性分析,发现以总市值和流通市值为规模标准的实证结果除个别时期内存在着小公司效应外,其它时期并不存在小公司效应,而以总股本和流通股本为标准的小公司效应最为明显;另外,小公司效应在统计区间内表现出时段性。