The second one is the behavior of the stock market , which distinguishes the economics meanings between the stock investment and the stock speculation , and analyzes the effect of them to the stock market 第2章股票市場行為,對股票市場行為進行了闡述,科學辨別了股票投資與股票投機兩者的經(jīng)濟涵義,分析了兩者對股市的作用。
As the heng seng index reaches unprecedented heights , people from all walks of life go stock speculation crazy . a security guard and his landlord learn firsthand that money is easy come , easy go as their fast fortune disappears overnight in a macau casino 全家做了大閘蟹之外,又有市民為盡早輪到廉租屋,被老千騙財消防處以防火條例作藉口,胡亂向居民發(fā)告票教育不濟,乞丐理論更勝高官。
The third one is the analysis of the current situation in chinese stock market , which shows that there are excess stock speculations in chinese stock marker and analyzes all kinds of causes ; in the end , this chapter puts forward some criterion views to the stock market 第3章我國股票市場現(xiàn)況分析,對我國股市存在一定的股票過度投機進行了論證,對引起其存在的各種原因進行了分析,并提出了一定的規(guī)范建議。
The fourth one is the research and application of the price - earnings ratio , which find some mistakes in the calculating method and the limitation in its application of the price - earning ratio ; this chapter brings forward the synthesis price - earning ratio , by which we can measure the contribution to the stock market of the stock speculation and the stock investment . the fifth one is the prospect of the stock market in china ; it analyzes several factors including china ' s entrance to wto , which can effect the development of our country ' s stock market and puts forward some opinions to the development trend of our county ' s stock market 第4章股票市盈率研究及其應用,通過對股票市盈率的技術經(jīng)濟分析,發(fā)現(xiàn)股票市盈率計算方法有一定的缺陷性和在應用上具有一定的局限性后,提出了綜合市盈率的概念,然后通過對綜合市盈率在我國股市中的應用,計算出了近年來股票投資和股票投機對我國股市的貢獻度;第5章未來我國股市的展望,分析了對我國股市發(fā)展有影響的幾種因素及加入wto對我國股市的影響,最后對未來我國股票市場的發(fā)展趨勢提出了幾點看法。
Therefore , considering the development history , the current situation , the theoretical results and the practical experience of the developed countries , this paper defines the economics meanings of the stock investment behavior and the stock speculation behavior . based on the technique economics analysis of price - earnings ratio of the stock market , referring to the developing current situation and practical experience of our country ' s stock market over the past years , the paper puts forward the definition of the synthesis price - earning ratio which is more adapted to the common stock market , by which we can measure the contribution to the stock market of the stock speculation and the stock investment of the recent years 鑒于此,本論文以發(fā)達國家股票市場的發(fā)展歷史和現(xiàn)狀,以及其理論成果和實踐經(jīng)驗為研究藍本,對股市中的股票投資和股票投機兩大行為進行了科學的界定;在參考國內股票市場近幾年的發(fā)展現(xiàn)況和實踐經(jīng)驗,并在對股票市盈率進行了技術經(jīng)濟分析的基礎上,結合股票市盈率和社會資本平均報酬率,本文提出了更適合評價一般股票市場的綜合市盈率指標,通過對它的應用,可量化近年來股票投資和股票投機對我國股市的貢獻度。