Chinese translation for "中签率"
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- dtor
lot winning rate
Related Translations:
中签: be the lucky number (in drawing lots, etc.) 股票的中签: win the lot for ipo
- Example Sentences:
| 1. | The internal and external elements are chosen according to announced information such as the booklets of directions to reuse capital by floating shares . by the delicate mathematic means , an analysis of the main constructure of new - stock - issue prices and the eighteen factors , new - stock - initial - return and the twenty - five factors , an analysis of the single factor and the testing of the verhemence , an analysis of various factors by frequent regression are performed in order to donate notable testing models and reveal the relations of new - stock - issue - price and company scope , profit power , the rate of new - stock - initial - return , that of on - market - change - hand rate and that of winning 借助严密的数学方法,通过对新股发行价与18个因素、新股初始收益率与25个因素的主成分分析、单因素分析、相关性检验和采用逐步回归法进行的多因素分析,拟合出显著的检验模型,揭示了新股发行价与公司规模、盈利能力等诸多因素以及新股初始收益率与上市首日换手率、中签率等诸多因素之间的关系。 | | 2. | With the rapid development of the security stock market especially the stock market in chian , issuing stock and circulating on market became the first choice of financing for more and more enterprise at the same time , more and more investors are attracted by the relately high initial return of stock however , the problem of ipos underpricing always exists in the stock market according to the data of more than one thousand chinese stocks , most new issues had great raise in the first trade day , and investors could acquire higher initial return than the average return of the stock market or the same industry we find that initial returns on a - share ipos average reached 132 . 24 percent the main body of this paper is made up of six sections : in the first part , we introduced the method of the estimate of pricing decision ; in the second part , we analyzed the method of the pricing decision and issuing system in china , discussed the advantage and weakness of the various issuing methods , and compared the economic efficiency between the examine and approve system and authorization system ; in the third part , we analyzed the reason of ipo ' s underpricing in detail from information economics and other factors and combined with the environment of the chinese stock markets , we analyzed the special characteristics in china and how they effect the ipo ' s underpricing in the fourth part , we analyzed the data of chinese stock market with spss , made a analysis of the administrative pricing decision and market pricing decision , studied the underpricing phenomena of chinese stock market , and analyzed it ' s causes ; in the fifth part , we made a analysis of the examine approve system and authorization system ; and in the last part , we drew some conclusions and put forth some policy advices the follow are the conclusions and policy advices in this dissertation : ( 1 ) from the results of this empirical study , we found that the issuing price - earning ratio and the market situation before ipos are strongly and positively associated with the underpricing of shares , the issuing scale of ipo and the hit rate are strongly and negatively associated with the underpricing ; ( 2 ) we found that after the abolishing of ipo ' s p / e ratio and the using of authorization system , there is no significant difference among the underpricing of shares , but considered with the market entironment , we think that the ipo ' s underpricing has been correspondingly reduced ( 3 ) to reduce difference between the primary market and the second market , we suggested that we shall bring the " over - allotment option ( oao ) " to bear and resume the state - owned share and corporate - owned share to circulate on market as soon possible 本文的主体由六个部分组成:第一部分介绍新股发行定价的估值方法;第二部分对我国的发行定价方式和发行制度进行分析,探讨不同发行定价方式的优缺点,以及审批制和核准制经济效率分析;第三部分从信息经济学角度和其他因素的角度详细分析造成新股发行抑价的原因,并结合我国股票市场实际情况,分析了我国市场的特有因素是否及如何影响一级市场的发行抑价程度的;第四部分利用统计分析软件spss对我国新股行政化和市场化定价进行实证分析,主要包括新股发行行政化和市场化定价方式的实施情况和效果分析、新股发行行政化定价方式的实证分析,以及新股发行行政化和市场化定价方式的比较实证分析;第五部分利用统计分析软件spss对我国新股发行审批制和核准制进行实证分析;第六部分是本论文的主要结论。本文的主要结论和建议有: ( 1 )从实证分析结果看,我国新股发行抑价与市场环境、发行市盈率呈显著正向关系,与发行规模、申购中签率等呈显著反向关系。 ( 2 )取消发行市盈率限制和实施核准制等市场化改革措施并没有降低发行抑价的绝对水平,只是由于市场环境的因素,发行抑价的相对水平才有所降低。 |
- Similar Words:
- "中铅黄铜" Chinese translation, "中铅铜合金" Chinese translation, "中千世界" Chinese translation, "中签" Chinese translation, "中签号" Chinese translation, "中签债券" Chinese translation, "中前" Chinese translation, "中前侧片" Chinese translation, "中前纯江" Chinese translation, "中前锋" Chinese translation
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