当时我只有十四岁，但我观察了数百只股票价格的浮动情况，通过比较股票当天的浮动情况与其他日子的差异，来测试自己的发现的准确性。
I was only fourteen, but after I had taken hundreds of observations in my mind I found myself testing their accuracy, comparing the behaviour of stocks to-day with other days.
实证研究的结论是，不同交易机制对股票价格行为的影响具有显著差异。
I conclude that different trading mechanisms have significant effect on stock price behavior.
美国石油储量评估和信息披露制度与中国的差异直接影响着中国石油上市公司的信誉和股票价格，分析其差异性，对现阶段中国在海外上市的石油公司具有重要的现实意义。
It is of significance to study to the difference between China and SEC in oil reserve estimation and information disclosure which directly affects the reputation and stock price of SinoPec.
企业股票价格是企业价值的反映，那么，一个企业在不同的股票市场上，有不同的价值，形成这种差异原因是甚么呢？
An enterprise's share price should reflect the true value of the enterprise. However, enterprise value is stated differently in different stock markets. What are the reasons for these differences?
实证结果表明，三种政策工具对股票价格的影响效应存在差异。
According to the result of empirical study, there are differences between the effects of which different instrument influence stock price.
实证结果表明，三种政策工具对股票价格的影响效应存在差异。
According to the result of empirical study, there are differences between the effects of which different instrument influence stock price.
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