{"id":7823,"date":"2019-06-08T03:59:24","date_gmt":"2019-06-07T19:59:24","guid":{"rendered":"https:\/\/www.lixiangluntan.com\/7823.html"},"modified":"2019-06-08T03:59:24","modified_gmt":"2019-06-07T19:59:24","slug":"%e8%af%81%e5%8d%b7%e5%b8%82%e5%9c%ba%e5%b8%b8%e8%a7%81%e6%9c%af%e8%af%ad%e6%98%af%e4%bb%80%e4%b9%88%e6%84%8f%e6%80%9d%ef%bc%9f%e4%bb%80%e4%b9%88%e6%98%af%e8%af%81%e5%8d%b7%e5%b8%82%e5%9c%ba%e5%b8%b8","status":"publish","type":"post","link":"https:\/\/www.lixiangluntan.com\/?p=7823","title":{"rendered":"\u8bc1\u5377\u5e02\u573a\u5e38\u89c1\u672f\u8bed\u662f\u4ec0\u4e48\u610f\u601d\uff1f\u4ec0\u4e48\u662f\u8bc1\u5377\u5e02\u573a\u5e38\u89c1\u672f\u8bed\uff1f_\u5927\u667a\u6167\u6caa\u6df110\u6863l2\u6570\u636e"},"content":{"rendered":"
\n

\u4ec0\u4e48\u662f\u9664\u6743\u9664\u606f\u65e5\u662f\u4ec0\u4e48\u610f\u601d\uff1f\u4ec0\u4e48\u662f\u4ec0\u4e48\u662f\u9664\u6743\u9664\u606f\u65e5\uff1f<\/p>\n

\u3000\u3000\u4e0a\u5e02\u516c\u53f8\u4ee5 \u80a1\u5229\u5206\u914d\u7ed9\u80a1\u4e1c\uff0c\u4e5f\u5c31\u662f\u516c\u53f8\u7684\u76c8\u4f59\u8f6c\u4e3a\u589e\u8d44\u65f6\uff0c\u6216\u8fdb\u884c\u914d\u80a1\u65f6\uff0c\u5c31\u8981\u5bf9\u80a1\u4ef7\u8fdb\u884c\u9664\u6743\u3002\u4e0a\u5e02\u516c\u53f8\u5c06\u76c8\u4f59\u4ee5\u73b0\u91d1\u5206\u914d\u7ed9\u80a1\u4e1c\uff0c\u80a1\u4ef7\u5c31\u8981\u9664\u606f\u3002<\/p>\n<\/blockquote>\n

     <\/p>\n

\u3000\u30001\u3001\u4e0a\u5e02 Going Public<\/p>\n

\u3000\u3000\u4e00\u5bb6\u516c\u53f8\u901a\u8fc7\u5411\u793e\u4f1a\u516c\u4f17\u51fa\u552e\u5176\u7b79\u96c6\u8d44\u672c\u7684\u884c\u4e3a\u3002<\/p>\n

\u3000\u30002\u3001\u4e0a\u5e02\u516c\u53f8 Listed company<\/p>\n

\u3000\u3000\u6307\u6240\u53d1\u884c\u80a1\u7968\u5df2\u5728\u8bc1\u5238\u4ea4\u6613\u6240\u6ce8\u518c\u767b\u8bb0\u4e70\u5356\u7684\u516c\u53f8\u3002<\/p>\n

\u3000\u30003\u3001\u521d\u6b21\u516c\u5f00\u53d1\u884c \u2013IPO Initial Public Offering<\/p>\n

\u3000\u3000\u6307\u79c1\u4eba\u516c\u53f8\u9996\u6b21\u5728\u516c\u5f00\u5e02\u573a\u53d1\u884c\u80a1\u7968\u4ece\u800c\u6210\u4e3a\u516c\u4f17\u516c\u53f8\u7684\u884c\u4e3a\u3002 \u9996\u6b21\u516c\u5f00\u53d1\u884c\u76ee\u7684\u662f\u4e3a\u5feb\u901f\u6210\u957f\u7684\u65b0\u516c\u53f8\u7b79\u96c6\u751f\u4ea7\u7ecf\u8425\u6240\u9700\u8d44\u672c\u3002<\/p>\n

\u3000\u3000\u9996\u6b21\u53d1\u884c\u7684\u80a1\u7968\u4e00\u822c\u7531\u4e00\u5bb6\u6216\u6570\u5bb6\u6295\u8d44\u94f6\u884c\u8d2d\u5165\uff0c\u7136\u540e\uff0c\u7531\u5176\u5206\u9500\u7ed9\u5e7f\u5927\u6295\u8d44\u8005\u3002<\/p>\n

\u3000\u30004\u3001\u62db\u80a1\u8bf4\u660e\u4e66 Prospectus<\/p>\n

\u3000\u3000\u516c\u53f8\uff08\u6216\u8005\u57fa\u91d1\uff09\u516c\u5f00\u53d1\u884c\u80a1\u7968\uff08\u6216\u8005\u516c\u5f00\u7b79\u63aa\u8d44\u91d1\uff09\u65f6\u6240\u53d1\u5e03\u7684\u6587\u4ef6\u3002 \u6587\u4ef6\u63d0\u4f9b\u516c\u53f8\uff08\u6216\u8005\u57fa\u91d1\uff09\u80cc\u666f\u4ee5\u53ca\u8d22\u52a1\u548c\u7ba1\u7406\u72b6\u51b5\u7b49\u4fe1\u606f\u3002<\/p>\n

\u3000\u30005\u3001\u6536\u8d2d Acquisition<\/p>\n

\u3000\u3000\u4e00\u5bb6\u516c\u53f8\u901a\u8fc7\u8d2d\u4e70\u76ee\u6807\u516c\u53f8\u591a\u6570\u6216\u8005\u5168\u90e8\u80a1\u4efd\u7684\u65b9\u5f0f\u6765\u63a7\u5236\u53e6\u4e00\u5bb6\u516c\u53f8\u3002\u201c\u4e0d\u53cb\u597d\u201d\u6216\u201c\u654c\u610f\u201d \u6536\u8d2d\u4f01\u56fe\u4e00\u822c\u8868\u73b0\u4e3a\u4ef7\u683c\u8fdc\u9ad8\u4e8e\u76ee\u6807\u516c\u53f8\u80a1\u7968\u7684\u5e02\u573a\u7684\u6536\u8d2d\u8981\u7ea6\uff0c\u4ee5\u8bf1\u4f7f\u73b0\u6709\u80a1\u4e1c\u51fa\u552e\u6240\u6301\u6709\u80a1\u4efd \u3002\u76ee\u6807\u516c\u53f8\u7684\u7ba1\u7406\u5c42\u53ef\u4ee5\u8bf7\u6c42\u53e6\u4e00\u5bb6\u516c\u53f8\u63d0\u51fa\u7ade\u4e89\u6027\u7684\u6536\u8d2d\u8981\u7ea6\uff0c\u4ee5\u5bc4\u5e0c\u671b\u4e8e\u53ef\u4ee5\u7528\u7ade\u4ef7\u6218\u4e89\u6765\u5413\u9000\u6076\u610f\u6536\u8d2d\u8005\u3002<\/p>\n

\u3000\u30006\u3001 \u56de\u8d2d Buyback<\/p>\n

\u3000\u3000\u516c\u53f8\u5c06\u81ea\u5df1\u53d1\u884c\u7684\u80a1\u7968\u6216\u503a\u5238\u8d2d\u56de\u3002\u56de\u8d2d\u7684\u76ee\u7684\u5305\u62ec\u5229\u7528\u95f2\u7f6e\u73b0\u91d1\uff0c\u63d0\u9ad8\u6bcf\u80a1\u76c8\u5229 \uff0c\u63d0\u9ad8\u5bf9\u516c\u53f8\u7684\u5185\u90e8\u63a7\u5236 \uff0c\u83b7\u5f97\u80a1\u7968\u4ee5\u4fbf\u7528\u4e8e\u5458\u5de5\u80a1\u7968\u671f\u6743\u8ba1\u5212\u6216\u9000\u4f11\u91d1\u8ba1\u5212\u3002\u5728\u8fd9\u79cd\u60c5\u51b5\u4e0b\uff0c\u4e5f\u88ab\u79f0\u4e3a\u516c\u53f8\u56de\u8d2d\u3002<\/p>\n

\u3000\u30007\u3001\u91cd\u7ec4 Reconstruction<\/p>\n

\u3000\u3000\u5305\u62ec\u80a1\u4efd\u5206\u62c6\u3001\u5408\u5e76\u3001\u8d44\u672c\u7f29\u51cf\uff08\u90e8\u5206\u507f\u8fd8\uff09\u4ee5\u53ca\u540d\u79f0\u6539\u53d8\u3002<\/p>\n

\u3000\u30008\u3001\u5408\u5e76 Merger<\/p>\n

\u3000\u3000\u6307\u4e24\u5bb6\u6216\u4e24\u5bb6\u4ee5\u4e0a\u516c\u53f8\u6574\u5408\u6210\u4e3a\u4e00\u4e2a\u5355\u72ec\u7684\u7ecf\u6d4e\u4f53\u3002<\/p>\n

\u3000\u30009\u3001\u5206\u62c6 Spin Off<\/p>\n

\u3000\u3000\u6307\u516c\u53f8\u901a\u8fc7\u53d1\u884c\u65b0\u516c\u53f8\u7684\u80a1\u7968\uff0c\u5c06\u516c\u53f8\u5206\u652f\u673a\u6784\u6216\u90e8\u95e8\u4ece\u516c\u53f8\u4e2d\u62c6\u79bb\u51fa\u53bb\u7684\u884c\u4e3a\u3002 \u6bcd\u516c\u53f8\u80a1\u4e1c\u6309\u539f\u6765\u6301\u80a1\u6570\u91cf\u6bd4\u4f8b\u83b7\u5f97\u65b0\u516c\u53f8\u7684\u80a1\u7968\uff0c\u603b\u4ef7\u503c\u57fa\u672c\u4e0d\u53d8\u3002<\/p>\n

\u3000\u300010\u3001\u9000\u5e02 Delisted<\/p>\n

\u3000\u3000\u5bf9\u5728\u8bc1\u5238\u4ea4\u6613\u6240\u62a5\u4ef7\u4ea4\u6613\u7684\u80a1\u7968\u6216\u8bc1\u5238\u4e88\u4ee5\u6458\u724c\u7684\u5904\u7406\u3002<\/p>\n

\u3000\u300011\u3001\u5e74\u5ea6\u80a1\u4e1c\u5927\u4f1aAGM \uff08annual general meeting\uff09<\/p>\n

\u3000\u3000\u5e74\u5ea6\u80a1\u4e1c\u5927\u4f1a\u662f\u6cd5\u5f8b\u8981\u6c42\u53ec\u5f00\u7684\u4f1a\u8bae\uff0c\u516c\u53f8\u8463\u4e8b\u5728\u5927\u4f1a\u4e0a\u5411\u80a1\u4e1c\u901a\u62a5\u516c\u53f8\u7684\u7ecf\u8425\u4e1a\u7ee9\u6216\u672a\u6765\u524d\u666f\u3002 \u80a1\u4e1c\u5c31\u8463\u4e8b\u4f1a\u9009\u4e3e\u548c\u91cd\u5927\u7684\u516c\u53f8\u51b3\u7b56\u8fdb\u884c\u6295\u7968\u3002<\/p>\n

\u3000\u300012\u3001\u5173\u8054\u516c\u53f8Associated company<\/p>\n

\u3000\u3000\u5982\u679c\u5728\u4e24\u5bb6\u516c\u53f8\u4e4b\u95f4\u5b58\u5728\u67d0\u79cd\u7c7b\u578b\u7684\u5b89\u6392\uff0c\u5219\u53ef\u4ee5\u79f0\u8fd9\u5bb6\u516c\u53f8\u4e0e\u53e6\u4e00\u5bb6\u6709\u5173\u8054\u3002 \u5f53\u4e00\u5bb6\u516c\u53f8\u6301\u6709\u53e6\u4e00\u5bb6\u7684\u80a1\u4efd\u65f6\uff0c<\/p>\n

\u3000\u3000\u5b83\u4eec\u4e5f\u53ef\u4ee5\u88ab\u79f0\u4e3a\u5173\u8054\u516c\u53f8\u3002<\/p>\n

\u3000\u300013\u3001\u81ea\u8425\u5546 Dealer<\/p>\n

\u3000\u3000\u8bc1\u5238\u4e1a\u5185\u4ee5\u672c\u91d1\u4e70\u5356\u800c\u975e\u4ee3\u7406\u4e70\u5356\u8bc1\u5238\u7684\u4e2a\u4eba\u6216\u516c\u53f8\u3002\u81ea\u8425\u5546\u7684\u5229\u6da6\u6216\u635f\u5931\u6765\u81ea\u4e8e\u540c\u4e00\u8bc1\u5238\u7684\u4e70\u5356\u4ef7\u5dee \u3002 \u5728\u4e0d\u540c\u65f6\u671f\uff0c\u540c\u4e00\u4e2a\u4eba\u6216\u516c\u53f8\u53ef\u80fd\u4f1a\u5206\u522b\u5145\u5f53\u7ecf\u7eaa\u5546\u6216\u81ea\u8425\u5546\u7684\u89d2\u8272\u3002<\/p>\n

\u3000\u300014\u3001\u505a\u5e02\u5546 Market maker<\/p>\n

\u3000\u3000\u8fdb\u884c\u4e70\u548c\u5356\u53cc\u8fb9\u786e\u5b9a\u62a5\u4ef7\u7684\u8bc1\u5238\u4ea4\u6613\u5546\u3002\u505a\u5e02\u5546\u5728\u4ea4\u6613\u65f6\u95f4\u5185\u968f\u65f6\u6309\u516c\u5f00\u62a5\u4ef7\u8fdb\u884c\u4e70\u5356\u6574\u624b\u7684\u8bc1\u5238\u3002<\/p>\n

\u3000\u300015\u3001\u521b\u4e1a\u677f\u5e02\u573a Growth Enterprise Market<\/p>\n

\u3000\u3000\u4e5f\u79f0\u4e8c\u677f\u5e02\u573a\uff0c\u662f\u4e0a\u5e02\u6807\u51c6\u8f83\u4f4e\u3001\u4e3a\u4e2d\u5c0f\u521b\u65b0\u516c\u53f8\u878d\u8d44\u7684\u3002<\/p>\n

\u3000\u300016\u3001\u67dc\u53f0\u5e02\u573a Over-The-Counter\/OTC<\/p>\n

\u3000\u3000\u6307\u5728\u8bc1\u5238\u4ea4\u6613\u6240\u4ee5\u5916\u8fdb\u884c\u8bc1\u5238\u4ea4\u6613\u7684\u5e7f\u6cdb\u5e02\u573a \u3002\u67dc\u53f0\u5e02\u573a\u8bc1\u5238\u516c\u53f8\u5927\u591a\u901a\u8fc7\u7535\u8bdd\u8054\u7cfb\u800c\u5b8c\u6210\u4ea4\u6613\uff0c\u5728\u4ea4\u6613\u4e2d\u4e00\u822c\u5145\u5f53\u505a\u5e02\u5546\u6216\u7ecf\u7eaa\u4eba\u7684\u89d2\u8272\u3002<\/p>\n

\u3000\u300017\u3001\u8bc1\u5238 Securities<\/p>\n

\u3000\u3000\u5bf9\u80a1\u7968\u3001\u4f01\u4e1a\u503a\u5238\u3001\u5355\u636e\u3001\u7968\u636e\u3001\u653f\u5e9c\u503a\u5238\u7b49\u7684\u603b\u79f0\u3002<\/p>\n

\u3000\u300018\u3001\u7ea2\u7b79\u80a1 Red chips<\/p>\n

\u3000\u3000\u5728\u9999\u6e2f\u6ce8\u518c\u3001\u4e0a\u5e02\u5e76\u7531\u5927\u9646\u63a7\u80a1\u7684\u4e2d\u8d44\u516c\u53f8\u3002<\/p>\n

\u3000\u300019\u3001\u84dd\u7b79\u80a1 Blue chip<\/p>\n

\u3000\u3000\u84dd\u7b79\u80a1\u6307\u7684\u662f\u90a3\u4e9b\u5728\u884c\u4e1a\u666f\u6c14\u548c\u4e0d\u666f\u6c14\u65f6\u90fd\u80fd\u591f\u6709\u80fd\u529b\u8d5a\u53d6\u5229\u6da6\uff0c\u540c\u65f6\u8f83\u5c0f\u7684\u516c\u53f8\u7684\u80a1\u7968\uff0c\u84dd\u7b79\u80a1\u7684\u4ef7\u683c\u901a\u5e38\u8f83\u9ad8\u3002<\/p>\n

\u3000\u300020\u3001H\u80a1 H share<\/p>\n

\u3000\u3000\u5728\u9999\u6e2f\u4ea4\u6613\u6240\u4e0a\u5e02\u7684\u4e2d\u56fd\u5927\u9646\u516c\u53f8\u3002<\/p>\n

\u3000\u300021\u3001N\u80a1 N share<\/p>\n

\u3000\u3000\u5728\u7ebd\u7ea6\u4ea4\u6613\u6240\u4e0a\u5e02\u7684\u4e2d\u56fd\u5927\u9646\u516c\u53f8\u3002<\/p>\n

\u3000\u300022\u3001S\u80a1 S share<\/p>\n

\u3000\u3000\u5728\u65b0\u52a0\u5761\u4ea4\u6613\u6240\u4e0a\u5e02\u7684\u4e2d\u56fd\u5927\u9646\u516c\u53f8\u3002<\/p>\n

\u3000\u300023\u3001\u7f8e\u56fd\u5b58\u6258\u51ed\u8bc1 American Depositary Receipt\/<\/p>\n

\u3000\u3000\u7f8e\u56fd\u5b58\u6258\u51ed\u8bc1\u662f\u7531\u7f8e\u56fd\u5b58\u6258\u94f6\u884c\u53d1\u884c\u7684\uff0c\u4ee3\u8868\u8be5\u94f6\u884c\u6301\u6709\u7684\u67d0\u5916\u56fd\u516c\u53f8\u80a1\u7968\u7684\u5b58\u6258\u51ed\u8bc1\u3002 \u7531\u4e8eADRs\u4ee5\u7f8e\u5143\u8ba1\u4ef7\u5e76\u50cf\u5176\u4ed6\u80a1\u7968\u4e00\u6837\u4ea4\u6613\uff0c\u5b83\u5c31\u4fbf\u5229\u4e86\u6295\u8d44\u8005\u5728\u56fd\u9645\u8303\u56f4\u5185\u5206\u6563\u4ed6\u4eec\u7684\u6295\u8d44\u3002<\/p>\n

\u3000\u300024\u3001\u666e\u901a\u80a1 Common Stock<\/p>\n

\u3000\u3000\u4ee3\u8868\u6301\u6709\u4eba\u5728\u516c\u53f8\u4e2d\u7684\u6240\u6709\u8005\u6743\u76ca\u7684\u8bc1\u5238\u3002\u8be5\u7c7b\u80a1\u4efd\u4e0e\u4f18\u5148\u80a1\u4e00\u6837\uff0c\u90fd\u8868\u793a\u6240\u6709\u6743;<\/p>\n

\u3000\u3000\u4f46\u666e\u901a\u80a1\u80a1\u4e1c\u76f8\u5bf9\u627f\u62c5\u66f4\u5927\u7684\u98ce\u9669\uff0c\u4e5f\u62e5\u6709\u5bf9\u516c\u53f8\u66f4\u5927\u7684\u63a7\u5236\u6743\uff0c\u5176\u6536\u76ca\u8868\u73b0\u4e3a\u548c\u8d44\u672c\u589e\u503c\u3002 \u5728\u516c\u53f8\u672a\u53d1\u884c\u4f18\u5148\u80a1\u7684\u60c5\u51b5\u4e0b\uff0c\u666e\u901a\u80a1\u4e0e\u80a1\u672c\u5e38\u5e38\u53ef\u4ee5\u4e92\u6362\u4f7f\u7528\u3002<\/p>\n

\u3000\u300025\u3001\u4f18\u5148\u80a1 Preferred Stock<\/p>\n

\u3000\u3000\u6b64\u79cd\u80a1\u7968\u7684\u80a1\u4e1c\u8f83\u666e\u901a\u80a1\u80a1\u4e1c\u4eab\u6709\u4f18\u5148\u7684\u6743\u5229\uff0c\u800c\u4e14\u4e00\u822c\u652f\u4ed8\u56fa\u5b9a\u7684\u80a1\u5229\u3002<\/p>\n

\u3000\u3000\u4e3b\u8981\u7279\u5f81\u5728\u4e8e\uff1a\u80a1\u5229\u5206\u914d\u4f18\u5148\u6743\u3001\u5269\u4f59\u8d22\u4ea7\u5206\u914d\u4f18\u5148\u6743\u3001\u65e0\u8868\u51b3\u6743\u3002<\/p>\n

\u3000\u3000\u652f\u4ed8\u56fa\u5b9a\u80a1\u5229\u7684\u4f18\u5148\u80a1\u5728\u5f88\u591a\u65b9\u9762\u5177\u6709\u503a\u5238\u7684\u7279\u5f81\u3002<\/p>\n

\u3000\u300026\u3001\u793e\u4f1a\u516c\u4f17\u80a1 Public shares<\/p>\n

\u3000\u3000\u6307\u6211\u56fd\u5883\u5185\u4e2a\u4eba\u548c\u673a\u6784\uff0c\u4ee5\u5176\u5408\u6cd5\u8d22\u4ea7\u5411\u516c\u53f8\u53ef\u4e0a\u5e02\u6d41\u901a\u80a1\u6743\u90e8\u5206\u6295\u8d44\u6240\u5f62\u6210\u7684\u80a1\u4efd\u3002<\/p>\n

\u3000\u300027\u3001\u56fd\u6709\u80a1 State share<\/p>\n

\u3000\u3000\u6307\u6709\u6743\u4ee3\u8868\u56fd\u5bb6\u6295\u8d44\u7684\u90e8\u95e8\u6216\u673a\u6784\u4ee5\u56fd\u6709\u8d44\u4ea7\u5411\u516c\u53f8\u6295\u8d44\u5f62\u6210\u7684\u80a1\u4efd\uff0c \u5305\u62ec\u4ee5\u516c\u53f8\u73b0\u6709\u56fd\u6709\u8d44\u4ea7\u6298\u7b97\u6210\u7684\u80a1\u4efd\u3002\u56fd\u6709\u80a1\u4e0d\u80fd\u5728\u80a1\u5e02\u4ea4\u6613\u3002<\/p>\n

\u3000\u300028\u3001\u6cd5\u4eba\u80a1 Legal person shares<\/p>\n

\u3000\u3000\u6307\u4f01\u4e1a\u6cd5\u4eba\u6216\u5177\u6709\u6cd5\u4eba\u8d44\u683c\u7684\u4e8b\u4e1a\u5355\u4f4d\u548c\u793e\u4f1a\u56e2\u4f53\u4ee5\u5176\u4f9d\u6cd5\u53ef\u7ecf\u8425\u7684\u8d44\u4ea7\u5411\u516c\u53f8\u975e\u6d41\u901a\u80a1\u6743\u90e8\u5206\u6295\u8d44\u6240\u5f62\u6210\u7684\u80a1\u4efd\u3002<\/p>\n

\u3000\u300029\u3001\u5c01\u95ed\u5f0f\u57fa\u91d1 Close-end fund<\/p>\n

\u3000\u3000\u57fa\u91d1\u7684\u4e00\u79cd\uff0c\u53d1\u884c\u7684\u57fa\u91d1\u5355\u4f4d\u6570\u76ee\u662f\u56fa\u5b9a\u7684\uff0c\u901a\u5e38\u5728\u8bc1\u5238\u4ea4\u6613\u6240\u6302\u724c\u4ea4\u6613\u3002\u4e0e\u5f00\u653e\u5f0f\u57fa\u91d1\u4e0d\u540c\u7684\u662f\uff0c\u5c01\u95ed\u5f0f\u57fa\u91d1\u4e0d\u6301\u7eed\u5730\u521b\u9020\u548c\u8d4e\u56de\u57fa\u91d1\u5355\u4f4d\u3002\u4eba\u4eec\u901a\u5e38\u8ba4\u4e3a\u5c01\u95ed\u5f0f\u57fa\u91d1\u7ecf\u7406\u5bf9\u5229\u6da6\u7684\u8ffd\u9010\u52a8\u529b\u4e0d\u5982\u5f00\u653e\u5f0f\u57fa\u91d1\u7ecf\u7406\uff08\u56e0\u4e3a\u5f00\u653e\u5f0f\u57fa\u91d1\u7ecf\u7406\u5fc5\u987b\u5438\u5f15\u548c\u7559\u4f4f\u57fa\u91d1\u6295\u8d44\u8005\uff09 \uff0c\u6240\u4ee5\u5c01\u95ed\u5f0f\u57fa\u91d1\u901a\u5e38\u662f\u6309\u51c0\u8d44\u4ea7\u503c\u7684\u4e00\u4e2a\u6298\u6263\u8fdb\u884c\u4ea4\u6613\u3002<\/p>\n

\u3000\u300030\u3001\u5bf9\u51b2\u57fa\u91d1 Hedge fund<\/p>\n

\u3000\u3000\u6b64\u7c7b\u57fa\u91d1\u6709\u522b\u4e8e\u5171\u540c\u57fa\u91d1\uff0c\u88ab\u5bcc\u6709\u7684\u4e2a\u4eba\u548c\u673a\u6784\u7528\u4e8e\u5b9e\u65bd\u8fdb\u53d6\u578b\u7b56\u7565\uff0c \u5305\u62ec\u5356\u7a7a\u3001\u6760\u6746\u64cd\u4f5c\u3001\u7a0b\u5e8f\u4ea4\u6613\u3001\u4e92\u6362\u4ea4\u6613\u3001\u5957\u5229\u4ea4\u6613\u548c\u884d\u751f\u54c1\u4ea4\u6613\u3002\u6cd5\u5f8b\u89c4\u5b9a\u6bcf\u4e2a\u5bf9\u51b2\u57fa\u91d1\u7684\u6295\u8d44\u8005\u5e94\u5c11\u4e8e100\u4eba\uff0c\u56e0\u6b64\u4e00\u822c\u60c5\u51b5\u4e0b\uff0c\u5bf9\u51b2\u57fa\u91d1\u7684\u6700\u5c0f\u4ea4\u6613\u989d\u9650\u5b9a\u4e3a100\u4e07\u7f8e\u5143\u3002<\/p>\n

\u3000\u300031\u3001\u5171\u540c\u57fa\u91d1 Mutual Fund<\/p>\n

\u3000\u3000\u5171\u540c\u57fa\u91d1\u662f\u4e00\u79cd\u5229\u76ca\u5171\u4eab\u3001\u98ce\u9669\u5171\u62c5\u7684\u96c6\u5408\u6295\u8d44\u65b9\u5f0f\uff0c\u5373\u901a\u8fc7\u53d1\u884c\u57fa\u91d1\u5355\u4f4d\uff0c \u96c6\u4e2d\u6295\u8d44\u8005\u7684\u8d44\u91d1\uff0c\u7531\u57fa\u91d1\u6258\u7ba1\u4eba\u7ba1\u7406\u548c\u8fd0\u7528\u8d44\u91d1\uff0c\u4ece\u4e8b\u80a1\u7968\u3001\u503a\u5238\u3001 \u5916\u6c47\u3001\u8d27\u5e01\u7b49\u91d1\u878d\u5de5\u5177\u6295\u8d44\uff0c\u4ee5\u83b7\u5f97\u6295\u8d44\u6536\u76ca\u548c\u8d44\u672c\u589e\u503c\u3002\u6839\u636e\u57fa\u91d1\u5355\u4f4d\u662f\u5426\u53ef\u589e\u52a0\u6216\u8d4e\u56de\uff0c\u6295\u8d44\u57fa\u91d1\u53ef\u5206\u4e3a\u5f00\u653e\u5f0f\u57fa\u91d1\u548c\u5c01\u95ed\u5f0f\u57fa\u91d1\u3002<\/p>\n

\u3000\u3000\u5f00\u653e\u5f0f\u57fa\u91d1\u662f\u6307\u57fa\u91d1\u8bbe\u7acb\u540e\uff0c \u6295\u8d44\u8005\u53ef\u4ee5\u968f\u65f6\u7533\u8d2d\u6216\u8d4e\u56de\u57fa\u91d1\u5355\u4f4d\uff0c\u57fa\u91d1\u89c4\u6a21\u4e0d\u56fa\u5b9a\u7684\u6295\u8d44\u57fa\u91d1;<\/p>\n

\u3000\u3000\u5c01\u95ed\u5f0f\u57fa\u91d1\u662f\u6307\u57fa\u91d1\u89c4\u6a21\u5728\u53d1\u884c\u524d\u5df2\u786e\u5b9a\uff0c\u5728\u53d1\u884c\u5b8c\u6bd5\u540e\u7684\u89c4\u5b9a\u671f\u9650\u5185\uff0c\u57fa\u91d1\u89c4\u6a21\u56fa\u5b9a\u4e0d\u53d8\u7684\u6295\u8d44\u57fa\u91d1\u3002<\/p>\n

\u3000\u300032\u3001\u4ea4\u6613\u6240\u4ea4\u6613\u57fa\u91d1 Exchange Traded Fund\/ETF<\/p>\n

\u3000\u3000\u5728\u4ea4\u6613\u6240\u4e0a\u5e02\u4ea4\u6613\u7684\u5f00\u653e\u5f0f\u6295\u8d44\u57fa\u91d1\uff0c\u5b83\u517c\u5177\u80a1\u7968\u548c\u7ba1\u7406\u57fa\u91d1\u7684\u67d0\u4e9b\u7279\u5f81\u3002<\/p>\n

\u3000\u300033\u3001\u5f00\u653e\u5f0f\u57fa\u91d1 Open-end\u3000fund<\/p>\n

\u3000\u3000\u57fa\u91d1\u7684\u4e00\u79cd\uff0c\u53ef\u4ee5\u6839\u636e\u9700\u8981\u6301\u7eed\u521b\u9020\u65b0\u7684\u57fa\u91d1\u5355\u4f4d\u3002 \u5f53\u57fa\u91d1\u7ba1\u7406\u5c42\u8ba4\u4e3a\u57fa\u91d1\u89c4\u6a21\u592a\u5927\u65f6\uff0c<\/p>\n

\u3000\u3000\u5f00\u653e\u5f0f\u57fa\u91d1\u4e5f\u53ef\u505c\u6b62\u53d1\u884c\u57fa\u91d1\u5355\u4f4d\u3002 \u5f00\u653e\u5f0f\u57fa\u91d1\u6295\u8d44\u8005\u6309\u57fa\u91d1\u51c0\u503c\u8d2d\u4e70\u57fa\u91d1\u5355\u4f4d\uff0c<\/p>\n

\u3000\u3000\u5e76\u53ef\u968f\u65f6\u6309\u7167\u73b0\u884c\u5e02\u573a\u4ef7\u8fdb\u884c\u8d4e\u56de\uff0c \u5e02\u573a\u4ef7\u53ef\u80fd\u9ad8\u4e8e\u6216\u4f4e\u4e8e\u6295\u8d44\u8005\u5f53\u65f6\u8d2d\u4e70\u57fa\u91d1\u5355\u4f4d\u7684\u4ef7\u683c\u3002<\/p>\n

\u3000\u300034\u3001\u57fa\u91d1 Index fund<\/p>\n

\u3000\u3000\u662f\u8ddf\u8e2a\u67d0\u4e00\u7279\u6b8a\u6307\u6570\uff08\u5982\u6807\u51c6500\u6307\u6570\uff09\u7684\u88ab\u52a8\u7ba1\u7406\u578b\u5171\u540c\u57fa\u91d1\u3002 \u6307\u6570\u57fa\u91d1\u6295\u8d44\u7ec4\u5408\u6309\u5176\u6240\u8ddf\u8e2a\u7684\u6307\u6570\u6784\u6210\u81ea\u52a8\u8c03\u6574\uff0c\u4ea4\u6613\u4e0d\u9891\u7e41\uff0c\u6240\u4ee5\u8d39\u7528\u4f4e\u4e8e\u79ef\u6781\u7ba1\u7406\u578b\u57fa\u91d1\u3002<\/p>\n

\u3000\u300035\u3001\u57fa\u91d1\u8d44\u4ea7\u51c0\u503c Net asset value \uff08NAV\uff09 of fund<\/p>\n

\u3000\u3000\u6295\u8d44\u57fa\u91d1\u8d44\u4ea7\u51c0\u503c\u6307\u7684\u662f\u57fa\u91d1\u6295\u8d44\u7ec4\u5408\u8d44\u4ea7\u7684\u603b\u5e02\u503c\u51cf\u53bb\u57fa\u91d1\u7684\u603b\u8d1f\u503a\u4ee5\u53ca\u5176\u4ed6\u6210\u672c\u8d39\u7528\u540e\u7684\u51c0\u503c\u3002<\/p>\n

\u3000\u300036\u3001\u503a\u5238 Bond<\/p>\n

\u3000\u3000\u53ef\u8f6c\u8ba9\u7684\u503a\u52a1\u8bc1\u5238\uff0c\u901a\u5e38\u662f\u7531\u653f\u5e9c\u6216\u8005\u51c6\u653f\u5e9c\u673a\u6784\u4e3a\u7b79\u8d44\u800c\u53d1\u884c \u3002\u503a\u5238\u7684\u6301\u6709\u4eba\u5c06\u8d44\u91d1\u501f\u8d37\u51fa\u53bb\u4e00\u4e2a\u7279\u5b9a\u65f6\u671f\u4ee5\u83b7\u5f97\u56fa\u5b9a\u7684\u5229\u7387 \u3002\u503a\u5238\u7684\u672c\u606f\u5728\u4e8b\u5148\u7ea6\u5b9a\u7684\u5230\u671f\u65e5\u5f97\u5230\u507f\u8fd8\u3002\u503a\u5238\u53ef\u4ee5\u5728\u80a1\u7968\u5e02\u573a\u4e0a\u4ea4\u6613\u8f6c\u8ba9\u3002<\/p>\n

\u3000\u300037\u3001\u53ef\u8f6c\u6362\u503a\u5238 Convertible bond<\/p>\n

\u3000\u3000\u53ef\u4ee5\u6309\u7167\u9884\u5148\u8bbe\u5b9a\u7684\u4ef7\u683c\u8f6c\u5316\u4e3a\u4e00\u5b9a\u6570\u91cf\u666e\u901a\u80a1\u7684\u516c\u53f8\u503a\u5238\u3002\u53ef\u8f6c\u6362\u503a\u5238\u4e3a\u6295\u8d44\u8005\u63d0\u4f9b\u4e86\u9ad8\u4e8e\u666e\u901a\u80a1\u7684\u6536\u5165\u540c\u65f6\u53c8\u6bd4\u666e\u901a\u503a\u5238\u6709\u66f4\u9ad8\u5347\u503c\u6f5c\u529b\u7684\u6295\u8d44\u5de5\u5177\u3002<\/p>\n

\u3000\u300038\u3001\u91d1\u8fb9\u503a\u5238 Gilt-Edged Bond<\/p>\n

\u3000\u3000\u7531\u84dd\u7b79\u80a1\u516c\u53f8\u53d1\u884c\u7684\u9ad8\u7b49\u7ea7\u503a\u5238\uff0c\u56e0\u6295\u8d44\u8005\u5bf9\u5176\u5229\u606f\u652f\u4ed8\u6709\u5145\u5206\u7684\u4fe1\u5fc3\u800c\u5f97\u540d\u3002<\/p>\n

\u3000\u300039\u3001\u96f6\u606f\u503a\u5238 Zero Coupon Bond<\/p>\n

\u3000\u3000\u4e00\u79cd\u5728\u5230\u671f\u524d\u4e0d\u652f\u4ed8\u5229\u606f\u7684\u503a\u5238\uff0c\u8be5\u503a\u5238\u7684\u53d1\u884c\u4ef7\u683c\u4e3a\u5176\u8d4e\u56de\u4ef7\u683c\u7684\u4e00\u4e2a\u6298\u6263\u503c\u3002<\/p>\n

\u3000\u300040\u3001\u5230\u671f\u6536\u76ca\u7387 Yield to Maturity<\/p>\n

\u3000\u3000\u8003\u8651\u57fa\u4e8e\u9762\u503c\u7684\u4ef7\u683c\u6298\u6263\u6216\u8005\u4ef7\u683c\u5347\u6ea2\u65f6\uff0c\u503a\u5238\u7684\u5230\u671f\u6536\u76ca\u7387\u3002 \u5982\u679c\u503a\u5238\u4ee5\u6298\u6263\u4ef7\u683c\u51fa\u552e\uff0c<\/p>\n

\u3000\u3000\u8be5\u6536\u76ca\u7387\u5927\u4e8e\u5f53\u524d\u6536\u76ca\u7387;\u5982\u679c\u503a\u5238\u4ee5\u5347\u6ea2\u4ef7\u683c\u51fa\u552e\uff0c\u8be5\u6536\u76ca\u7387\u5c0f\u4e8e\u5f53\u524d\u6536\u76ca\u7387\u3002<\/p>\n

\u3000\u300041\u3001\u96c6\u5408\u7ade\u4ef7 Call auction<\/p>\n

\u3000\u3000\u6307\u901a\u8fc7\u6536\u96c6\u8ba2\u5355\uff0c\u7136\u540e\u5728\u7279\u5b9a\u65f6\u95f4\u6309\u5355\u4e00\u4ef7\u683c\u6267\u884c\u8ba2\u5355\u7684\u4ea4\u6613\u5f62\u5f0f\u3002<\/p>\n

\u3000\u300042\u3001\u8fde\u7eed\u7ade\u4ef7 Continuous auction<\/p>\n

\u3000\u3000\u6307\u901a\u8fc7\u76f4\u63a5\u8fde\u7eed\u64ae\u5408\u4e70\u5356\u8ba2\u5355\u6765\u5f62\u6210\u4ea4\u6613\u4ef7\u683c\u7684\u4ea4\u6613\u5f62\u5f0f\u3002<\/p>\n

\u3000\u300043\u3001\u9650\u4ef7 Limit order<\/p>\n

\u3000\u3000\u6307\u5ba2\u6237\u5bf9\u4e8e\u8bc1\u5238\u7ecf\u7eaa\u4eba\u7684\u4e70\u5356\u59d4\u6258\u4e2d\u8bbe\u6709\u4f4e\u4e8e\u89c4\u5b9a\u4ef7\u683c\u6216\u9ad8\u4e8e\u89c4\u5b9a\u4ef7\u683c\u7684\u6307\u4ee4\u3002<\/p>\n

\u3000\u3000\u8be5\u89c4\u5b9a\u4ef7\u683c\u53eb\u9650\u5b9a\u4ef7\u683c\u3002<\/p>\n

\u3000\u300044\u3001\u96f6\u80a1\u4ea4\u6613 Odd Lots<\/p>\n

\u3000\u3000\u5728\u8bc1\u5238\u4ea4\u6613\u4e2d\uff0c\u4ea4\u6613\u6570\u91cf\u4f4e\u4e8e\u4ea4\u6613\u5355\u4f4d\u8005\uff08\u5982100\u80a1\uff09\u3002<\/p>\n

\u3000\u300045\u3001\u6da8\u8dcc\u5e45\u9650\u5236 Limit up\uff0c Limit Down<\/p>\n

\u3000\u3000\u5f53\u65e5\u5e02\u573a\u4ea4\u6613\u6700\u5927\u7684\u4ef7\u683c\u6ce2\u52a8\u9650\u5236\u3002<\/p>\n

\u3000\u300046\u3001\u4ea4\u6536 Settlement<\/p>\n

\u3000\u3000\u8bc1\u5238\u4ea4\u6613\u53cc\u65b9\u5b9e\u65bd\u4ea4\u6613\u7684\u6700\u7ec8\u7ed3\u679c\uff0c\u51fa\u552e\u65b9\u8f6c\u79fb\u5176\u62e5\u6709\u7684\u8bc1\u5238\uff0c\u540c\u65f6\u8d2d\u4e70\u65b9\u652f\u4ed8\u5176\u8d2d\u4e70\u7684\u8bc1\u5238\u7684\u8d39\u7528\u3002<\/p>\n

\u3000\u300047\u3001T+1\u548cT+3 T+1 and T+3<\/p>\n

\u3000\u3000\u6307\u8bc1\u5238\u4ea4\u6613\u7684\u7ed3\u7b97\u65e5\u3002T+1\u6307\u8bc1\u5238\u5728\u4ea4\u6613\u540e1\u5929\u7ed3\u7b97\uff0cT+3\u6307\u8bc1\u5238\u5728\u4ea4\u6613\u540e3\u5929\u7ed3\u7b97\u3002<\/p>\n

\u3000\u300048\u3001\u73b0\u91d1\u7ed3\u7b97 Cash settlement<\/p>\n

\u3000\u3000\u73b0\u91d1\u7ed3\u7b97\u662f\u6307\u6570\u671f\u8d27\u548c\u6307\u6570\u671f\u6743\u7ed3\u7b97\u7684\u65b9\u5f0f\u3002 \u56e0\u4e3a\u6295\u8d44\u8005\u4e0d\u80fd\u76f4\u63a5\u8d2d\u4e70\u6216\u51fa\u552e\u6307\u6570\uff0c<\/p>\n

\u3000\u3000\u6307\u6570\u671f\u8d27\u548c\u671f\u6743\u5408\u7ea6\u5c31\u91c7\u53d6\u7ed9\u6bcf\u4e2a\u6307\u6570\u70b9\u89c4\u5b9a\u4e00\u5b9a\u7684\u8d27\u5e01\u4ef7\u503c\u7684\u65b9\u5f0f\u8fdb\u884c\u73b0\u91d1\u7ed3\u7b97\u3002<\/p>\n

\u3000\u300049\u3001\u6307\u6570 Index<\/p>\n

\u3000\u3000\u7528\u4ee5\u8861\u91cf\u80a1\u7968\u5e02\u573a\u4ea4\u6613\u6574\u4f53\u6ce2\u52a8\u5e45\u5ea6\u548c\u666f\u6c14\u72b6\u51b5\u7684\u7efc\u5408\uff0c\u662f\u6295\u8d44\u4eba\u4f5c\u51fa\u6295\u8d44\u51b3\u7b56\u7684\u91cd\u8981\u4f9d\u636e\u3002<\/p>\n

\u3000\u300050\u3001\u4e0a\u8bc1\u7efc\u5408\u6307\u6570 Shanghai Composite Index<\/p>\n

\u3000\u3000\u4e0a\u8bc1\u7efc\u5408\u6307\u6570\u662f\u6839\u636e\u4e0a\u6d77\u8bc1\u5238\u5e02\u573a\u6240\u6709\u4e0a\u5e02\u516c\u53f8\u7684\u80a1\u4ef7\u52a0\u6743\u8ba1\u7b97\u800c\u5f97 \u3002\u8be5\u6307\u6570\u4ee51990\u5e7412\u670819\u65e5\u4e3a\u57fa\u65e5\uff0c\u4ee5\u8be5\u65e5\u6240\u6709\u80a1\u7968\u7684\u5e02\u4ef7\u603b\u503c\u4e3a\u57fa\u671f\uff0c \u57fa\u671f\u6307\u6570\u5b9a\u4e3a100\u70b9\uff0c\u662f\u8861\u91cf\u4e0a\u6d77\u8bc1\u5238\u80a1\u7968\u5e02\u573a\u7684\u91cd\u8981\u6307\u6570\u3002\u516c\u53f8\u7684\u6743\u91cd\u4ee5\u5176\u603b\u5e02\u503c\u4e3a\u57fa\u51c6\u3002<\/p>\n

\u3000\u300051\u3001\u884d\u751f\u54c1 Derivative<\/p>\n

\u3000\u3000\u884d\u751f\u54c1\u662f\u4e00\u79cd\u5176\u4ef7\u503c\u6765\u6e90\u4e8e\u57fa\u7840\u91d1\u878d\u5de5\u5177\u7684\u91d1\u878d\u4ea7\u54c1\u3002 \u57fa\u7840\u91d1\u878d\u5de5\u5177\u5305\u62ec\u80a1\u7968\u3001\u80a1\u7968\u4ef7\u683c\u6307\u6570\u3001\u56fa\u5b9a\u5229\u7387\u503a\u5238\u3001\u5546\u54c1\u3001\u8d27\u5e01\u7b49\u3002\u6743\u8bc1\u548c\u4ea4\u6613\u6240\u4ea4\u6613\u7684\u671f\u6743\u662f\u5178\u578b\u7684\u884d\u751f\u54c1\u3002<\/p>\n

\u3000\u300052\u3001\u8ba4\u8d2d\u6743\u8bc1 Warrant<\/p>\n

\u3000\u3000\u901a\u5e38\u4e0e\u503a\u5238\u548c\u4f18\u5148\u80a1\u540c\u65f6\u53d1\u884c\u3002 \u8d2d\u4e70\u8005\u6709\u6743\u5728\u89c4\u5b9a\u7684\u4ef7\u683c\u5728\u9650\u5b9a\u7684\u65f6\u95f4\u5185\u8d2d\u4e70\u80a1\u7968\u3002<\/p>\n

\u3000\u3000\u89c4\u5b9a\u7684\u4ef7\u683c\u901a\u5e38\u9ad8\u4e8e\u8ba4\u8d2d\u6743\u8bc1\u53d1\u884c\u65f6\u80a1\u7968\u7684\u4ef7\u683c\u3002<\/p>\n

\u3000\u300053\u3001\u884c\u6743\u4ef7\u683c Exercise price<\/p>\n

\u3000\u3000\u671f\u6743\u5408\u7ea6\u7684\u83b7\u5f97\u8005\u4e70\/\u5356\u5408\u7ea6\u89c4\u5b9a\u7684\u57fa\u7840\u8bc1\u5238\u4e4b\u6743\u5229\u7684\u4ef7\u683c\uff0c\u4e5f\u79f0\u4e3a\u7ed3\u7b97\u4ef7\u683c\u3002<\/p>\n

\u3000\u300054\u3001\u91d1\u878d\u671f\u8d27 Financial Futures<\/p>\n

\u3000\u3000\u4ee5\u91d1\u878d\u5de5\u5177\u4e3a\u57fa\u7840\u7684\u671f\u8d27\u5408\u7ea6\u3002 \u5728\u7f8e\u56fd\uff0c\u57fa\u7840\u91d1\u878d\u5de5\u5177\u5305\u62ec\u7f8e\u56fd\u653f\u5e9c\u503a\u5238\u3001<\/p>\n

\u3000\u3000\u5927\u989d\u53ef\u8f6c\u8ba9\u5b9a\u671f\u5b58\u5355\u548c\u5176\u4ed6\u4e0e\u5229\u606f\u6709\u5173\u7684\u8bc1\u5238\u53d1\u884c\u3001\u8d27\u5e01\u548c\u80a1\u7968\u5e02\u573a\u6307\u6570\u3002<\/p>\n

\u3000\u300055\u3001\u671f\u8d27\u5408\u7ea6 Futures contract<\/p>\n

\u3000\u3000\u5728\u672a\u6765\u7684\u89c4\u5b9a\u65e5\u671f\uff0c\u4ee5\u56fa\u5b9a\u4ef7\u683c\u8d2d\u4e70\u6216\u51fa\u552e\u67d0\u79cd\u8bc1\u5238\u3001\u5546\u54c1\u6216\u91d1\u878d\u5de5\u5177\u7684\u6709\u6cd5\u5f8b\u7ea6\u675f\u529b\u7684\u4ea4\u6613\u5408\u7ea6\u3002<\/p>\n

\u3000\u300056\u3001\u6307\u6570\u671f\u8d27 Index futures<\/p>\n

\u3000\u3000\u6307\u4ee5\u6307\u6570\u4f5c\u4e3a\u57fa\u7840\u8d44\u4ea7\u7684\u671f\u8d27\u5408\u7ea6\uff0c\u5982\u80a1\u6307\u671f\u8d27\u3002<\/p>\n

\u3000\u300057\u3001\u671f\u6743 Option<\/p>\n

\u3000\u3000\u671f\u6743\u662f\u6307\u8fd9\u6837\u4e00\u79cd\u5408\u7ea6\uff0c\u5176\u6301\u6709\u4eba\u6709\u6743\u5229\uff08\u800c\u975e\u4e49\u52a1\uff09\u5728\u5408\u7ea6\u5230\u671f\u65e5\u6216\u5230\u671f\u65e5\u4ee5\u524d\uff0c\u6309\u7279\u5b9a\u7684\u4ef7\u683c\u4e70\u5356\u67d0\u79cd\u8d44\u4ea7\u3002<\/p>\n

\u3000\u300058\u3001\u4e70\u5165\u671f\u6743 Call option<\/p>\n

\u3000\u3000\u4e70\u5165\u671f\u6743\u662f\u4e00\u79cd\u671f\u6743\u5408\u7ea6\uff0c\u5408\u7ea6\u6301\u6709\u4eba\u6709\u6743\u4e8e\u67d0\u56fa\u5b9a\u7684\u5230\u671f\u65e5\u524d\u6309\u7167\u7ea6\u5b9a\u7684\u6267\u884c\u4ef7\u683c\u4e70\u5165\u7ea6\u5b9a\u6570\u91cf\u7684\u80a1\u7968\u3002<\/p>\n

\u3000\u300059\u3001\u770b\u8dcc\u671f\u6743 Put option<\/p>\n

\u3000\u3000\u4e00\u4efd\u4e70\u5356\u5408\u7ea6\uff0c\u5408\u7ea6\u6301\u6709\u8005\u6709\u6743\u5728\u5230\u671f\u524d\u6309\u89c4\u5b9a\u7684\u4ef7\u683c\u5356\u51fa\u89c4\u5b9a\u6570\u91cf\u7684\u80a1\u4efd\u3002<\/p>\n

\u3000\u300060\u3001\u6307\u6570\u671f\u6743 Index options<\/p>\n

\u3000\u3000\u6307\u4ee5\u80a1\u7968\u4ef7\u683c\u6307\u6570\u4e3a\u57fa\u7840\u8d44\u4ea7\u7684\u671f\u6743\uff0c\u5230\u671f\u65f6\uff0c\u7528\u73b0\u91d1\u7ed3\u7b97\u80a1\u7968\u6307\u6570\u5dee\u4ef7\u3002<\/p>\n

\u3000\u300061\u3001\u4e92\u6362\u4ea4\u6613 Swap<\/p>\n

\u3000\u3000\u6839\u636e\u4e00\u5b9a\u6761\u6b3e\uff0c\u5728\u4e00\u5b9a\u65f6\u95f4\uff0c\u53c2\u4e0e\u8005\u5728\u652f\u4ed8\u65b9\u5f0f\u65b9\u9762\u7684\u4ea4\u6362\u3002 \u6700\u666e\u901a\u7684\u4ea4\u6362\u65b9\u5f0f\u662f\u5229\u7387\u4e92\u6362\uff0c<\/p>\n

\u3000\u3000\u53c2\u4e0e\u8005\u4e00\u65b9\u540c\u610f\u652f\u4ed8\u4e00\u4e2a\u56fa\u5b9a\u7684\u5229\u7387\u4ee5\u6362\u53d6\u5bf9\u65b9\u4e00\u79cd\u53ef\u8c03\u6574\u7684\u5229\u7387\u652f\u4ed8\u65b9\u5f0f\u3002<\/p>\n

\u3000\u300062\u3001\u5230\u671f\u65e5 Expiry\uff0c expiry date\uff0c expiration<\/p>\n

\u3000\u3000\u6240\u6709\u672a\u884c\u6743\u671f\u6743\u6216\u6743\u8bc1\u7684\u671f\u6ee1\u65e5\u3002<\/p>\n

\u3000\u300063\u3001\u6b27\u5f0f\u884c\u6743 European exercise\/European style<\/p>\n

\u3000\u3000\u4e00\u79cd\u53ea\u5141\u8bb8\u6301\u6709\u8005\u5728\u5230\u671f\u65e5\u884c\u6743\u7684\u671f\u6743\u6216\u6743\u8bc1\u3002<\/p>\n

\u3000\u300064\u3001\u5356\u7a7a Short Sale<\/p>\n

\u3000\u3000\u6295\u8d44\u8005\u7531\u4e8e\u8ba4\u4e3a\u67d0\u8bc1\u5238\u4f1a\u8dcc\u4ef7\u800c\u51fa\u552e\u5176\u5e76\u4e0d\u62e5\u6709\u7684\u8bc1\u5238\uff0c\u8fd9\u79cd\u4ea4\u6613\u79f0\u4e3a\u5356\u7a7a \u3002\u4f8b\u5982\uff1a\u4f60\u59d4\u6258\u7ecf\u7eaa\u4eba\u5356\u6389100\u80a1XYZ\u80a1\u7968\uff0c\u4e8e\u662f\u4f60\u7684\u7ecf\u7eaa\u4eba\u501f\u5165100\u80a1\u8be5\u80a1\u7968\u4ea4\u7ed9\u4e70\u65b9\u3002<\/p>\n

\u3000\u3000\u8be5100\u80a1\u80a1\u7968\u7684\u8d27\u5e01\u4ef7\u503c\u4ee5\u7ecf\u7eaa\u4eba\u7684\u540d\u4e49\u62b5\u62bc\u5728\u51fa\u501f\u65b9\u5904\u3002 \u4f60\u5fc5\u987b\u5728\u4e00\u5b9a\u65f6\u95f4\u5185\u8d2d\u4e70\u7b49\u91cf\u7684\u80a1\u7968\u6570\u989d\u6765\u507f\u8fd8\u7ed9\u80a1\u7968\u51fa\u501f\u8005\u3002<\/p>\n

\u3000\u3000\u5982\u679c\u53ef\u4ee5\u4ee5\u4f4e\u4e8e\u5356\u51fa\u4ef7\u683c\u7684\u4ef7\u683c\u8d2d\u5165XYZ\u80a1\u7968\uff0c \u5373\u53ef\u4ece\u4e24\u4e2a\u4ef7\u683c\u4e4b\u95f4\u7684\u5dee\u989d\u83b7\u5f97\u5229\u6da6\uff08\u4e0d\u8003\u8651\u4f63\u91d1\u548c\u7a0e\u8d39\u7684\u652f\u51fa\uff09\u3002\u4f46\u662f\u5982\u679c\u4f60\u5fc5\u987b\u652f\u4ed8\u591a\u4e8e\u4f60\u6240\u83b7\u5f97\u7684\u4ef7\u503c\uff0c\u5c31\u53d1\u751f\u4e86\u635f\u5931\u3002\u80a1\u7968\u4ea4\u6613\u6240\u548c\u8054\u90a6\u76d1\u7ba1\u65b9\u5bf9\u5356\u7a7a\u884c\u4e3a\u65bd\u4ee5\u9650\u5236\u6761\u4ef6\u3002\u6709\u65f6\u6295\u8d44\u8005\u4e3a\u4e86\u4fdd\u4f4f\u5e10\u9762\u5229\u6da6\u4e5f\u5356\u7a7a\u5176\u5df2\u7ecf\u62e5\u6709\u7684\u80a1\u7968\u3002<\/p>\n

\u3000\u300065\u3001\u5957\u5229 Arbitrage<\/p>\n

\u3000\u3000\u8bd5\u56fe\u5229\u7528\u4e0d\u540c\u5e02\u573a\u6216\u4e0d\u540c\u5f62\u5f0f\u7684\u540c\u7c7b\u6216\u76f8\u4f3c\u91d1\u878d\u4ea7\u54c1\u7684\u4ef7\u683c\u5dee\u5f02\u725f\u5229\u3002 \u6700\u7406\u60f3\u7684\u72b6\u6001\u662f\u65e0\u98ce\u9669\u5957\u5229\u3002<\/p>\n

\u3000\u3000\u4ee5\u524d\u5957\u5229\u662f\u4e00\u4e9b\u673a\u8b66\u4ea4\u6613\u5458\u91c7\u7528\u7684\u4ea4\u6613\u6280\u5de7\uff0c \u73b0\u5728\u5df2\u7ecf\u53d1\u5c55\u6210\u4e3a\u5728\u590d\u6742\u8ba1\u7b97\u673a\u7a0b\u5e8f\u7684\u5e2e\u52a9\u4e0b\u4ece\u4e0d\u540c\u5e02\u573a\u4e0a\u540c\u4e00\u8bc1\u5238\u7684\u5fae\u5c0f\u4ef7\u5dee\u4e2d\u83b7\u5229\u7684\u6280\u672f \u3002\u4f8b\u5982\uff0c\u5982\u679c\u8ba1\u7b97\u673a\u76d1\u63a7\u4e0b\u7684\u5e02\u573a\u53d1\u73b0ABC\u80a1\u7968\u53ef\u4ee5\u5728\u7ebd\u7ea6\u8bc1\u5238\u4ea4\u6613\u6240\u4ee510\u7f8e\u5143\u7684\u4ef7\u683c\u4e70\u5230\u800c\u5728\u4f26\u6566\u8bc1\u5238\u4ea4\u6613\u6240\u4ee510.12\u7f8e\u5143\u7684\u4ef7\u683c\u5356\u51fa \uff0c\u5957\u5229\u8005\u6216\u8005\u4e13\u95e8 \u7684\u7a0b\u5e8f\u5c31\u4f1a\u540c\u65f6\u5728\u7ebd\u7ea6\u4e70\u5165\u800c\u5728\u4f26\u6566\u5356\u51fa\u540c\u7b49\u6570\u91cf\u7684ABC\u80a1\u7968 \uff0c\u4ece\u800c\u83b7\u5f97\u4e24\u5e02\u573a\u7684\u4ef7\u683c\u5dee\u3002<\/p>\n

\u3000\u300066\u3001\u6307\u6570\u5957\u5229 Index arbitrage<\/p>\n

\u3000\u3000\u6570\u7684\u6307\u4ece\u6307\u6570\u671f\u8d27\u5408\u7ea6\u4e0e\u57fa\u7840\u6307\u6570\u7684\u4ef7\u683c\u5931\u8861\u4e2d\u4ea4\u6613\u800c\u83b7\u5229\u7684\u4ea4\u6613\u7b56\u7565\u3002 \u4ea4\u6613\u5546\u4e70\u5356\u6784\u6210\u6307\u80a1\u7968\uff0c\u540c\u65f6\u5728\u671f\u8d27\u5e02\u573a\u8fdb\u884c\u53cd\u5411\u7684\u64cd\u4f5c\u3002<\/p>\n

\u3000\u300067\u3001\u5957\u671f\u4fdd\u503c Hedging<\/p>\n

\u3000\u3000\u6307\u4e70\u5165\u6216\u5356\u51fa\u4e00\u79cd\u884d\u751f\u8bc1\u5238\uff08\u5982\u671f\u6743\u6216\u671f\u8d27\uff09\u4ee5\u5bf9\u51b2\u90e8\u5206\u6216\u5168\u90e8\u6240\u6301\u5176\u5b83\u8bc1\u5238\u98ce\u9669\u7684\u884c\u4e3a\u3002<\/p>\n

\u3000\u300068\u3001\u6295\u8d44\u7ec4\u5408 Portfolio<\/p>\n

\u3000\u3000\u7531\u6295\u8d44\u4eba\u6216\u91d1\u878d\u673a\u6784\u6240\u6301\u6709\u7684\u80a1\u7968\u3001\u503a\u5238\u3001\u884d\u751f\u91d1\u878d\u4ea7\u54c1\u7b49\u7ec4\u6210\u7684\u96c6\u5408\u3002\u6295\u8d44\u7ec4\u5408\u7684\u76ee\u7684\u5728\u4e8e\u5206\u6563\u98ce\u9669\u3002<\/p>\n

\u3000\u300069\u3001\u9664\u6743 Ex-rights \u9664\u606f Ex-dividend<\/p>\n

\u3000\u3000\u9664\u6743\u3001\u9664\u606f\u662f\u5f53\u4e0a\u5e02\u516c\u53f8\u8fdb\u884c\u4e86\u5206\u7ea2\u9001\u914d\u65f6\uff0c\u9700\u8981\u6839\u636e\u5206\u7ea2\u6d3e\u606f\u6bd4\u4f8b\u5bf9\u80a1\u7968\u8fdb\u884c\u8c03\u6574\u62a5\u4ef7\u3002 \u9664\u6743\u3001\u9664\u606f\u65e5\u524d\u4e70\u5165\u80a1\u7968\u7684\u4eab\u6709\u5206\u7ea2\u9001\u914d\u6743 \uff0c \u9664\u6743\u3001\u9664\u606f\u5f53\u65e5\u53ca\u4ee5\u540e\u4e70\u5165\u7684\u4e0d\u518d\u4eab\u6709\u5206\u7ea2\u9001\u914d\u6743\u3002\u9664\u6743\u7684\u80a1\u7968\u62a5\u4ef7\u65f6\u5728\u8bc1\u5238\u7b80\u79f0\u524d\u6807\u8bb0XD\uff0c \u8868\u793a\u8be5\u80a1\u5df2\u7ecf\u8fdb\u884c\u4e86\u9001\u914d\u80a1\uff0c\u9664\u606f\u7684\u80a1\u7968\u62a5\u4ef7\u65f6\u5728\u8bc1\u5238\u7b80\u79f0\u524d\u6807\u8bb0XR\uff0c\u8868\u793a\u8be5\u80a1\u5df2\u7ecf\u8fdb\u884c\u4e86\u5206\u6d3e\u7ea2\u5229\uff0c\u5373\u6709\u9664\u6743\u53c8\u6709\u9664\u606f\u7684\u80a1\u7968\u62a5\u4ef7\u65f6\u5728\u8bc1\u5238\u7b80\u79f0\u524d\u6807\u8bb0DR\u3002<\/p>\n

\u3000\u300070\u3001\u7ea2\u80a1 Bonus shares\/bonus issue<\/p>\n

\u3000\u3000\u516c\u53f8\u5411\u73b0\u6709\u80a1\u4e1c\u53d1\u884c\u7684\u514d\u8d39\u7684\u989d\u5916\u80a1\u7968\uff0c\u901a\u5e38\u6309\u7167\u4e8b\u5148\u5236\u5b9a\u7684\u6bd4\u4f8b\u6309\u80a1\u4e1c\u6301\u6709\u80a1\u4efd\u6570\u53d1\u884c\u3002<\/p>\n

\u3000\u300071\u3001\u7ea2\u5229 Dividend<\/p>\n

\u3000\u3000\u80a1\u4e1c\u6240\u83b7\u5f97\u7684\u516c\u53f8\u90e8\u5206\u51c0\u5229\u6da6\u5206\u914d\u3002\u901a\u5e38\uff0c\u7ea2\u5229\u8868\u793a\u4e3a\u6bcf\u80a1\u4e00\u5b9a\u91d1\u989d\u6570<\/p>\n

\u3000\u300072\u3001\u57fa\u672c\u9762\u5206\u6790 Fundamental analysis<\/p>\n

\u3000\u3000\u80a1\u7968\u4ef7\u503c\u7684\u57fa\u672c\u9762\u5206\u6790\u8981\u7d20\u6d89\u53ca\u6240\u5206\u6790\u4f01\u4e1a\u7684\u9500\u552e\u3001\u6536\u76ca\u548c\u8d44\u4ea7\u3002 \u884c\u4e1a\u548c\u516c\u53f8\u7684\u57fa\u672c\u9762\u5206\u6790\u8981\u7d20\u5305\u62ec\u9500\u552e\u3001\u8d44\u4ea7\u3001\u6536\u76ca\u3001\u4ea7\u54c1\u6216\u670d\u52a1\u3001\u5e02\u573a\u548c\u7ba1\u7406\u3002 \u5bf9\u4e8e\u5b8f\u89c2\u7ecf\u6d4e\u7684\u57fa\u672c\u9762\u7814\u7a76\uff0c\u5219\u5305\u62ec\u56fd\u6c11\u751f\u4ea7\u603b\u503c\u3001\u5229\u7387\u3001\u5931\u4e1a\u3001\u5b58\u8d27\u3001\u50a8\u84c4\u7b49\u5185\u5bb9\u3002<\/p>\n

\u3000\u300073\u3001\u6280\u672f\u5206\u6790 Technical analysis<\/p>\n

\u3000\u3000\u6280\u672f\u5206\u6790\uff08\u6216\u56fe\u8868\u5206\u6790\uff09\u6307\u9488\u5bf9\u5e02\u573a\u4ef7\u683c\u884c\u4e3a\u7684\u884c\u60c5\u9884\u6d4b\u5206\u6790\u3002 \u6280\u672f\u5206\u6790\u4e3b\u8981\u7814\u7a76\u5e02\u573a\uff08\u6216\u80a1\u7968\uff09\u7684\u4f9b\u6c42\u5173\u7cfb\u3002<\/p>\n

\u3000\u3000\u6280\u672f\u5206\u6790\u5e08\u901a\u8fc7\u5bf9\u4ef7\u683c\u7684\u8fd0\u52a8\u89c4\u5f8b\u3001\u3001\u53d8\u5316\u6a21\u5f0f\u7b49\u7684\u7814\u7a76\uff0c \u5e76\u4ee5\u56fe\u7ebf\u7684\u5f62\u5f0f\u53cd\u6620\u8fd9\u4e9b\u6307\u6807\u7684\u8fd0\u52a8\u7279\u5f81 \uff0c\u6765\u8bd5\u56fe\u4f30\u8ba1\u5f53\u524d\u5e02\u573a\u884c\u4e3a\u7684\u53ef\u80fd\u6548\u679c\u6216\u8005\u67d0\u8bc1\u5238\u7684\u672a\u6765\u4f9b\u6c42\u72b6\u51b5\u3002<\/p>\n

\u3000\u300074\u3001\u516c\u53f8\u6cbb\u7406 Corporate governance<\/p>\n

\u3000\u3000\u63cf\u8ff0\u6743\u5229\u4e0e\u8d23\u4efb\u5728\u516c\u53f8\u5404\u53c2\u4e0e\u65b9\u4e4b\u95f4\uff0c\u7279\u522b\u662f\u7ba1\u7406\u5c42\u548c\u80a1\u4e1c\u4e4b\u95f4\u5206\u914d\u65b9\u5f0f\u7684\u672f\u8bed\u3002<\/p>\n

\u3000\u300075\u3001\u80a1\u606f\u7387 Dividend yield<\/p>\n

\u3000\u3000\u4ee5\u5360\u80a1\u7968\u6700\u540e\u9500\u552e\u4ef7\u683c\u7684\u767e\u5206\u6570\u8868\u793a\u7684\u5e74\u5ea6\u80a1\u606f\uff0c\u8be5\u6307\u6807\u662f\u6295\u8d44\u6536\u76ca\u7387\u7684\u7b80\u5316\u5f62\u5f0f\u3002<\/p>\n

\u3000\u300076\u3001\u6d41\u52a8\u6027 Liquidity<\/p>\n

\u3000\u3000\u6307\u8d44\u4ea7\u5728\u65e0\u592a\u5927\u635f\u5931\u4e0b\u80fd\u8fc5\u901f\u8f6c\u53d8\u4e3a\u73b0\u91d1\u7684\u96be\u6613\u7a0b\u5ea6\uff0c\u4e5f\u6307\u5e02\u573a\u53c2\u4e0e\u8005\u5e7f\u6cdb \uff0c\u540c\u65f6\u4e70\u5356\u53cc\u65b9\u62a5\u4ef7\u5dee\u8ddd\u4e5f\u5f88\u5c0f\uff0c\u4ea4\u6613\u4fbf\u5229\u7684\u5e02\u573a\u72b6\u6001\u3002\u5e02\u573a\u6d41\u52a8\u6027\u662f\u8861\u91cf\u5e02\u573a\u72b6\u6001\u662f\u5426\u826f\u597d\u7684\u91cd\u8981\u6307\u6807\u3002<\/p>\n

\u3000\u300077\u3001\u8d44\u4ea7\u8d1f\u503a\u8868 Balance sheet<\/p>\n

\u3000\u3000\u7279\u5b9a\u65e5\u671f\u7684\u8d44\u4ea7\u3001\u8d1f\u503a\u548c\u4e1a\u4e3b\u6743\u76ca\u7684\u62a5\u544a\u3002\u4e5f\u88ab\u79f0\u4e3a\u8d22\u52a1\u72b6\u51b5\u8868\u6216\u8005\u8d44\u4ea7\u4e0e\u8d1f\u503a\u8868\u3002<\/p>\n

\u3000\u300078\u3001\u6d41\u52a8\u8d44\u4ea7 Current assets<\/p>\n

\u3000\u3000\u73b0\u91d1\uff0c\u6216\u5728\u516c\u53f8\u4e0a\u4e2a\u8d22\u52a1\u5e74\u5ea6\u7ed3\u675f\u540e\u768412\u4e2a\u6708\u5185 \uff0c\u516c\u53f8\u5b9e\u4f53\u5728\u4e00\u822c\u7684\u7ecf\u8425\u8fc7\u7a0b\u4e2d\u6d88\u8017\u6216\u8f6c\u5316\u4e3a\u73b0\u91d1\u7684\u5176\u4ed6\u8d44\u4ea7\u3002 \u516c\u53f8\u7684\u6d41\u52a8\u8d44\u4ea7\u5e94\u53ef\u5728\u4e00\u5e74\u5185\u8f6c\u5316\u4e3a\u73b0\u91d1\u3001\u88ab\u51fa\u552e\u3001\u6216\u88ab\u6d88\u8017\u3002<\/p>\n

\u3000\u3000\u5728\u7f8e\u56fd\uff0c\u6b64\u7c7b\u8d44\u4ea7\u5305\u62ec\u73b0\u91d1\u3001\u7f8e\u56fd\u653f\u5e9c\u503a\u5238\u3001\u4e00\u5e74\u671f\u7684\u5e94\u6536\u5e10\u6b3e\u548c\u6b20\u4ed8\u8d27\u5e01\uff0c\u53ca\u5b58\u8d27\u3002<\/p>\n

\u3000\u300079\u3001\u6d41\u52a8\u8d1f\u503a Current liabilities<\/p>\n

\u3000\u3000\u6309\u8981\u6c42\u6216\u4e00\u5e74\u5185\u5e94\u6e05\u507f\u7684\u503a\u52a1\u3002\u5728\u516c\u53f8\u7684\u5e74\u5ea6\u62a5\u544a\u4e2d\uff0c\u8fd9\u4e00\u6307\u6807\u8868\u660e\u516c\u53f8\u572812\u4e2a\u6708\u5185\u5e94\u507f\u4ed8\u7684\u503a\u52a1\u6570\u989d \u3002<\/p>\n

\u3000\u3000\u5bf9\u516c\u53f8\u800c\u8a00\uff0c\u901a\u5e38\u662f\u6307\u4e00\u5e74\u671f\u7684\u6b20\u6b3e\u548c\u5e94\u4ed8\u5e10\u6b3e\u3002<\/p>\n

\u3000\u300080\u3001\u6d41\u52a8\u6bd4\u7387 Current ratio<\/p>\n

\u3000\u3000\u4e00\u79cd\u8861\u91cf\u6d41\u52a8\u6027\u7684\u65b9\u6cd5\u3002\u8be5\u6307\u6807\u663e\u793a\u7684\u662f\u516c\u53f8\u507f\u8fd8\u77ed\u671f\u503a\u52a1\u7684\u80fd\u529b\u3002<\/p>\n

\u3000\u3000\u6d41\u52a8\u6bd4\u7387=\uff08\u6d41\u52a8\u8d44\u4ea7\/\u6d41\u52a8\u8d1f\u503a\uff09=\u507f\u8fd8\u6b21\u6570<\/p>\n

\u3000\u300081\u3001\u6bcf\u80a1\u51c0\u8d44\u4ea7 Net asset value per share<\/p>\n

\u3000\u3000\u8861\u91cf\u4f01\u4e1a\u76c8\u5229\u80fd\u529b\u7684\u91cd\u8981\u6307\u6807\u3002\u6bcf\u80a1\u51c0\u8d44\u4ea7=\u516c\u53f8\u7684\u51c0\u8d44\u4ea7\/\u516c\u53f8\u603b\u80a1\u4efd\u3002<\/p>\n

\u3000\u3000\u4f8b\u5982\uff0cXYZ\u516c\u53f8\u62e5\u6709100\uff0c000\u7f8e\u5143\u7684\u51c0\u8d44\u4ea7\u548c10\uff0c000\u80a1\u7684\u603b\u80a1\u672c\uff0c\u5219\u6bcf\u80a1\u51c0\u8d44\u4ea7\u4e3a10\u7f8e\u5143\u3002<\/p>\n

\u3000\u300082\u3001\u6bcf\u80a1\u6536\u76ca Earnings per share\/EPS<\/p>\n

\u3000\u3000\u5bf9\u516c\u53f8\u6536\u76ca\u7684\u4e00\u79cd\u8861\u91cf\u65b9\u5f0f\uff0c\u5373\u4ee512\u4e2a\u6708\u4e3a\uff0c\u5206\u5e03\u4e8e\u6bcf\u4e00\u76f8\u7b49\u666e\u901a\u80a1\u80a1\u4efd\u4e4b\u4e0a\u7684\u6536\u76ca\u3002<\/p>\n

\u3000\u300083\u3001\u5e02\u76c8\u7387 Price-earnings ratio<\/p>\n

\u3000\u3000\u5e02\u76c8\u7387\u6307\u5728\u4e00\u4e2a\u8003\u5bdf\u671f\uff08\u901a\u5e38\u4e3a12\u4e2a\u6708\u7684\u65f6\u95f4\uff09\u5185\uff0c\u80a1\u7968\u7684\u4ef7\u683c\u548c\u6bcf\u80a1\u6536\u76ca\u7684\u6bd4\u4f8b\u3002 \u6295\u8d44\u8005\u901a\u5e38\u5229\u7528\u8be5\u6bd4\u4f8b\u503c\u4f30\u91cf\u67d0\u80a1\u7968\u7684\u6295\u8d44\u4ef7\u503c\uff0c\u6216\u8005\u7528\u8be5\u6307\u6807\u5728\u4e0d\u540c\u516c\u53f8\u7684\u80a1\u7968\u4e4b\u95f4\u8fdb\u884c\u6bd4\u8f83\u3002<\/p>\n

\u3000\u3000\u5e02\u76c8\u7387\u901a\u5e38\u7528\u6765\u4f5c\u4e3a\u6bd4\u8f83\u4e0d\u540c\u4ef7\u683c\u7684\u80a1\u7968\u662f\u5426\u88ab\u9ad8\u4f30\u6216\u8005\u4f4e\u4f30\u7684\u6307\u6807\u3002<\/p>\n

\u3000\u3000\u7136\u800c\uff0c\u7528\u5e02\u76c8\u7387\u8861\u91cf\u4e00\u5bb6\u516c\u53f8\u80a1\u7968\u7684\u8d28\u5730\u65f6\uff0c\u5e76\u975e\u603b\u662f\u51c6\u786e\u7684 \u3002\u4e00\u822c\u8ba4\u4e3a\uff0c\u5982\u679c\u4e00\u5bb6\u516c\u53f8\u80a1\u7968\u7684\u5e02\u76c8\u7387\u8fc7\u9ad8\uff0c\u90a3\u4e48\u8be5\u80a1\u7968\u7684\u4ef7\u683c\u5177\u6709\u6ce1\u6cab\uff0c\u4ef7\u503c\u88ab\u9ad8\u4f30\u3002<\/p>\n

\u3000\u3000\u7136\u800c\uff0c\u5f53\u4e00\u5bb6\u516c\u53f8\u589e\u957f\u8fc5\u901f\u4ee5\u53ca\u672a\u6765\u7684\u4e1a\u7ee9\u589e\u957f\u975e\u5e38\u770b\u597d\u65f6\uff0c \u80a1\u7968\u76ee\u524d\u7684\u9ad8\u5e02\u76c8\u7387\u53ef\u80fd\u6070\u597d\u51c6\u786e\u5730\u4f30\u91cf\u4e86\u8be5\u516c\u53f8\u7684\u4ef7\u503c\u3002<\/p>\n

\u3000\u3000\u9700\u8981\u6ce8\u610f\u7684\u662f\uff0c\u5229\u7528\u5e02\u76c8\u7387\u6bd4\u8f83\u4e0d\u540c\u80a1\u7968\u7684\u6295\u8d44\u4ef7\u503c\u65f6\uff0c\u8fd9\u4e9b\u80a1\u7968\u5fc5\u987b\u5c5e\u4e8e\u540c\u4e00\u4e2a\u884c\u4e1a\uff0c \u56e0\u4e3a\u6b64\u65f6\u516c\u53f8\u7684\u6bcf\u80a1\u6536\u76ca\u6bd4\u8f83\u63a5\u8fd1\uff0c\u76f8\u4e92\u6bd4\u8f83\u624d\u6709\u6548\u3002<\/p>\n

\u3000\u300084\u3001\u8d44\u672c\u7ed3\u6784 Capital structure<\/p>\n

\u3000\u3000\u4e00\u5bb6\u516c\u53f8\u7684\u6c38\u4e45\u6027\u957f\u671f\u878d\u8d44\u7ed3\u6784\uff0c\u5305\u62ec\u957f\u671f\u503a\u52a1\u3001\u666e\u901a\u80a1\u548c\u4f18\u5148\u80a1\uff0c\u4ee5\u53ca\u7559\u5b58\u6536\u76ca \u3002\u5b83\u4e0e\u8d22\u52a1\u7ed3\u6784\u4e0d\u540c\uff0c\u8d22\u52a1\u7ed3\u6784\u5305\u62ec\u77ed\u671f\u503a\u52a1\u548c\u5e94\u4ed8\u5e10\u6b3e\u3002<\/p>\n

\u3000\u300085\u3001\u635f\u76ca\u8868 Income Statement<\/p>\n

\u3000\u3000\u4e00\u4e2a\u516c\u53f8\u5728\u4e00\u6bb5\u65f6\u671f\u5185\u7684\u8d22\u52a1\u4e1a\u7ee9\u7684\u8bb0\u5f55\uff0c\u5b83\u53cd\u6620\uff1a\u4f01\u4e1a\u5728\u4e00\u5b9a\u65f6\u671f\u5185\u521b\u9020\u7684\u6536\u5165; \u4f01\u4e1a\u5728\u4e00\u5b9a\u65f6\u671f\u4e0e\u6536\u5165\u76f8\u5173\u7684\u8d39\u7528\u548c\u6210\u672c;\u4f01\u4e1a\u4e00\u5b9a\u65f6\u671f\u7684\u5229\u6da6\uff08\u6216\u4e8f\u635f\uff09\u3002<\/p>\n

\u3000\u3000\u4ece\u635f\u76ca\u8868\u53ef\u4ee5\u770b\u51fa\u4e00\u5bb6\u516c\u53f8\u6709\u591a\u5c11\u94b1\u80fd\u7528\u6765\u8fdb\u884c\u518d\u6295\u8d44\u3002<\/p>\n

\u3000\u300086\u3001\u503a\u52a1\u80a1\u672c\u91d1\u6bd4\u7387 Debt\/equity ratio<\/p>\n

\u3000\u3000\u8be5\u6307\u6807\u53cd\u6620\u501f\u8d37\u8d44\u91d1\u4e0e\u80a1\u4e1c\u80a1\u672c\u91d1\u4e4b\u95f4\u7684\u5173\u7cfb\uff0c \u8bf4\u660e\u516c\u53f8\u7684\u8d44\u91d1\u5728\u591a\u5927\u7a0b\u5ea6\u4e0a\u662f\u901a\u8fc7\u503a\u52a1\u878d\u901a\u89e3\u51b3\u7684\uff08\u8be5\u6307\u6807\u56e0\u6b64\u4e5f\u88ab\u79f0\u4e3a\u4f20\u52a8\u6bd4\u7387\u6216\u6760\u6746\u6bd4\u7387\uff09\u3002<\/p>\n

\u3000\u3000\u503a\u52a1\/\u80a1\u672c\u91d1\u6bd4\u7387=\uff08\u5168\u90e8\u503a\u52a1\/\u80a1\u4e1c\u80a1\u672c\u91d1\uff09x100<\/p>\n

\u3000\u300087\u3001\u73b0\u91d1\u6d41 Cash flow<\/p>\n

\u3000\u3000\u7279\u5b9a\u65f6\u671f\u5185\u6765\u81ea\u67d0\u4e00\u8d44\u4ea7\u6216\u67d0\u7ec4\u8d44\u4ea7\u7684\u5168\u90e8\u73b0\u91d1\u6536\u5165\uff08\u6d41\u5165\uff09\u6216\u73b0\u91d1\u652f\u51fa\uff08\u6d41\u51fa\uff09\u3002\u51c0\u73b0\u91d1\u6d41\u662f\u73b0\u91d1\u6d41\u5165\u51cf\u53bb\u73b0\u91d1\u6d41\u51fa\u3002<\/p>\n

\u3000\u300088\u3001\u9762\u503c Face Value<\/p>\n

\u3000\u3000\u6807\u8bb0\u4e8e\u503a\u5238\u8868\u9762\u7684\u503a\u5238\u4ef7\u503c\uff0c\u53d1\u884c\u516c\u53f8\u5bf9\u503a\u5238\u4ef7\u503c\u53e6\u6709\u89c4\u5b9a\u7684\u9664\u5916\u3002 \u901a\u5e38\uff0c\u9762\u503c\u5c31\u662f\u53d1\u884c\u516c\u53f8\u627f\u8bfa\u5728\u5230\u671f\u65e5\u507f\u4ed8\u7684\u91d1\u989d\uff0c\u4e0e\u5e02\u573a\u4ef7\u503c\u65e0\u5173\u3002<\/p>\n

\u3000\u300089\u3001\u6ea2\u4ef7\/\u6743\u5229\u91d1 Premium<\/p>\n

\u3000\u3000\u5bf9\u4e8e\u503a\u5238\u548c\u4f18\u5148\u80a1\u6765\u8bf4\uff0c\u6307\u7684\u662f\u652f\u4ed8\u8bc1\u5238\u7684\u4ef7\u683c\u8d85\u8fc7\u9762\u503c\u7684\u90e8\u5206\u3002 \u6743\u5229\u91d1\uff08Premium\uff09\u5bf9\u4e8e\u671f\u6743\u6765\u8bf4\uff0c\u6307\u7684\u662f\u671f\u6743\u5408\u7ea6\u7684\u4ef7\u683c\uff0c\u5373\u8d2d\u4e70\u8005\u8d2d\u5165\u671f\u6743\u65f6\uff0c\u6240\u9700\u652f\u4ed8\u7ed9\u671f\u6743\u51fa\u552e\u8005\u7684\u91d1\u989d\u3002<\/p>\n

\u3000\u300090\u3001\u6362\u624b\u7387 Turnover Rate<\/p>\n

\u3000\u3000\u4ee5\u767e\u5206\u6bd4\u8861\u91cf\u7684\u4e00\u5e74\u5185\u80a1\u7968\u7684\u6210\u4ea4\u91cf\u5360\u80a1\u7968\u603b\u6570\u7684\u6bd4\u4f8b\u3002 \u4ee5\u6837\u672c\u603b\u4f53\u7684\u6027\u8d28\u4e0d\u540c\u6709\u4e0d\u540c\u7684\u6307\u6807\u7c7b\u578b\uff0c<\/p>\n

\u3000\u3000\u5982\u4ea4\u6613\u6240\u6240\u6709\u4e0a\u5e02\u80a1\u7968\u7684\u603b\u6362\u624b\u7387\u3001\u57fa\u4e8e\u67d0\u5355\u4e2a\u80a1\u7968\u53d1\u884c\u6570\u91cf\u7684\u6362\u624b\u7387\u3001\u57fa\u4e8e\u67d0\u673a\u6784\u6301\u6709\u7ec4\u5408\u7684\u6362\u624b\u7387\u3002<\/p>\n

\u3000\u300091\u3001\u8d1d\u5854 Beta<\/p>\n

\u3000\u3000\u8d1d\u5854\u4e00\u9879\u7528\u4ee5\u8861\u91cf\u4e00\u79cd\u80a1\u7968\u4ef7\u683c\u7684\u53d8\u52a8\u4e0e\u6574\u4e2a\u80a1\u7968\u5e02\u573a\u6574\u4f53\u53d8\u52a8\u7684\u76f8\u5173\u6027\u7684\u6307\u6807\u3002<\/p>\n

\u3000\u300092\u3001\u6ce2\u52a8\u6027\/\u6613\u53d8\u6027 Volatility<\/p>\n

\u3000\u3000\u5bf9\u57fa\u7840\u8bc1\u5238\u4ef7\u683c\u6ce2\u52a8\u7a0b\u5ea6\u7684\u6d4b\u91cf\uff0c\u5229\u7528\u6bcf\u65e5\u4ef7\u683c\u53d8\u5316\u7684\u6807\u51c6\u504f\u5dee\u6765\u8ba1\u7b97\u3002<\/p>\n

\u3000\u300093\u3001\u57fa\u51c6\u98ce\u9669\/\u57fa\u672c\u98ce\u9669 Basis risk<\/p>\n

\u3000\u3000\u5728\u671f\u8d27\u4ea4\u6613\u4e2d\uff0c \u57fa\u51c6\u98ce\u9669\u6307\u7684\u662f\u56e0\u4e3a\u671f\u8d27\u5408\u7ea6\u7684\u4ef7\u683c\u53d8\u52a8\u4e0e\u5408\u7ea6\u7684\u57fa\u7840\u91d1\u878d\u5de5\u5177\u6216\u5546\u54c1\u7684\u4ef7\u683c\u53d8\u52a8\u4e0d\u80fd\u4fdd\u6301\u5b8c\u5168\u4e00\u81f4\u800c\u5e26\u6765\u7684\u98ce\u9669\u3002<\/p>\n

\uff08\u80a1\u7968\u8d44\u6e90\u9986lixiangluntan.com\uff09\u7092\u80a1\u6559\u7a0b<\/a><\/p>\n

\n

\u4ec0\u4e48\u662f\u57fa\u91d1\u91cd\u4ed3\u80a1\u662f\u4ec0\u4e48\u610f\u601d\uff1f\u4ec0\u4e48\u662f\u4ec0\u4e48\u662f\u57fa\u91d1\u91cd\u4ed3\u80a1\uff1f<\/p>\n

\u3000\u3000\u4e00\u822c\u8bf4\u6765\u57fa\u91d1\u91cd\u4ed3\u80a1\u5728\u6708\u672b\u90fd\u4f1a\u88ab\u62c9\u62ac\uff0c\u57fa\u91d1\u5386\u6765\u6709\u9022\u6708\u672b\u62c9\u62ac\u81ea\u5df1\u7684\u91cd\u4ed3\u80a1\u7684\u4e60\u60ef\uff0c\u4ee5\u6c42\u5f97\u5728\u4e1a\u5185\u66f4\u597d\u7684\u6392\u540d\uff0c\u51cf\u8f7b\u57fa\u6c11\u8d4e\u56de\u7684\u538b\u529b\u3002\u800c\u4e14\u57fa\u91d1\u7ecf\u7406\u7684\u5956\u91d1\u548c\u6536\u5165\u4e5f\u76f4\u63a5\u6392\u540d\u6302\u94a9\u3002<\/p>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"

\u3000\u3000\u4e00\u5bb6\u516c\u53f8\u901a\u8fc7\u5411\u793e\u4f1a\u516c\u4f17\u51fa\u552e\u5176 \u7b79\u96c6\u8d44\u672c\u7684\u884c\u4e3a\u3002<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[101],"class_list":["post-7823","post","type-post","status-publish","format-standard","hentry","category-gpsy","tag-101"],"_links":{"self":[{"href":"https:\/\/www.lixiangluntan.com\/index.php?rest_route=\/wp\/v2\/posts\/7823","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.lixiangluntan.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lixiangluntan.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lixiangluntan.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lixiangluntan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7823"}],"version-history":[{"count":0,"href":"https:\/\/www.lixiangluntan.com\/index.php?rest_route=\/wp\/v2\/posts\/7823\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.lixiangluntan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lixiangluntan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lixiangluntan.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}