在这些事件中受害最深的当属广大的中小股民。
In these happenings, the medium and small share holders suffer the most.
不过，中小股民虽然也扼腕称惜，但其悲切程度远不如对股市暴跌的反应强烈。
However, in spite of their sympathy, small and medium-sized stock owner reacted more strongly with regard to stock slump.
同时还阐述了保护中小股民利益的重要性并针对该如何保护中小股民的利益提出建议。
It also explain the importance of protect small stockholder wealth, and give some Suggestions on how to protect it.
[underpricing 字典没有，我估计的意思]因为管理者没能有力执行严谨的规则，随着谨慎的大投资者被一群小股民所取代，这种情况促进了流动资金的预期。
With regulators failing to enforce disclosure rules, and with cautious big investors overtaken by the herd of small punters, volatility was to be expected.
[underpricing 字典没有，我估计的意思]因为管理者没能有力执行严谨的规则，随着谨慎的大投资者被一群小股民所取代，这种情况促进了流动资金的预期。
With regulators failing to enforce disclosure rules, and with cautious big investors overtaken by the herd of small punters, volatility was to be expected.
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