但也许投资者情绪过于悲观了。
本文主要是从二级市场投资者情绪的角度来研究IPO折价问题。
This paper is studying the connection between the investor sentiment and IPO under-pricing rate.
论文主要内容为研究投资者情绪对我国近期过高IPO折价的影响。
Firstly, this paper analyses theoretically the influence of investor sentiment on IPO underpricing.
换句话说，死亡交叉的危险之处，在于它让已经在恶化的投资者情绪雪上加霜。
In other words, the danger of a death cross is that it puts further pressure on already eroding investor sentiment.
基于中国股票市场与封闭式基金的实际情况，投资者情绪理论在中国还是适用的。
Based on the practice situation of China stock market and the closed-end fund, the investor sentiment theory is suitable for domestic market.
这些国家极易受到投资者情绪的左右：如果资本快速外逃导致货币贬值，本国货币债务将会升高。
These economies are highly vulnerable to a change in investor sentiment: if a rapid outflow of capital caused currencies to collapse, debts would soar in local-currency terms.
他觉得，虽然股价不会急剧反弹，而且投资者情绪也萎靡不振，但股市进一步走低的可能性很小。
While not arguing for a sharp rebound, he sees little likelihood of another big step lower, despite the wilting investor sentiment.
行为金融学认为：投资者情绪会影响投资者的行为及其投资决策进而会影响证券市场的资产定价。
Behavioral finance finds that investor sentiment will affect the behavior of investors and their investment decisions, thus affect the stock market asset pricing.
本文因此以行为金融的研究方式，以投资者情绪为基础对我国投资者行为进行了较为全面的分析。
Therefore this article take the behavior finance research way, has carried on a more comprehensive analysis by the investor mood as the foundation to our country investor behavior.
最后结合了投资者情绪的影响，利用脉冲响应函数和方差分解对价量因果关系的动态表现形式作了进一步分析。
Finally, by introducing into the impact on investor sentiment, the paper study the dynamic forms of the causal relation of them using impulse response function and variance decomposition.
最后借鉴国外研究方法，构造了我国股票市场包含了投资者情绪的市场指数，应该能对后续研究起到促进作用。
To be end, this paper formed the market index which reflected investors' emotion by means of reference of the foreign empirical research method.
阿联酋领导人周二试图出面稳定投资者情绪，此前市场对迪拜债务危机的担忧导致海湾地区股市连续两天大幅下跌。
The leadership of the United Arab Emirates tried Tuesday to steady the nerves of investors after concerns over Dubai's debt crisis sent stock markets across the Gulf sharply lower for a second day.
经过分析，认为行为金融理论的投资者情绪理论与标准金融理论的基金业绩预期理论适合解释我国封闭式基金折价现象。
The conclusion is that both investor sentiment theory of behavioral theory and managerial performance theory of standard financial theory adapt to explain the discounts in China.
他说他被今年市场如何反弹难住了，反弹本质上是由于缺乏改善投资者的情绪和大笔资金注入国内股票基金。
He says he is baffled at how the market's rally this year has essentially been devoid of improved investor sentiment and big inflows into domestic equity funds.
然而乐观的盈利消息和有关股市估值的积极想法，似乎都无法冲散投资者紧张而悲观的情绪。
It seems that not even good earnings news or positive thoughts about valuations can burn through the tense and pessimistic mood among investors.
分析师表示，欧洲政策制定者们发表的言论，也加剧了欧元区投资者的紧张情绪。
Analysts said the already nervous mood among eurozone investors had not been helped by comments from various European policymakers.
未来将会有更多的艰难时刻，诸如在2010年夏天的时候，投资者们的乐观情绪很快褪去。
There will be more weak patches like the summer of 2010, when investors’ joy may quickly turn to gloom.
但随着一些商业房地产贷款标准的放宽﹐放贷机构和投资者重又产生了担忧情绪﹐因此这个数字很可能会上升。
But that is likely to rise as loose lending standards on some commercial-real-estate loans come back to haunt lenders and investors.
如果引发恐慌情绪，那么市场将暴跌，银行和投资者将眼看着自己的财富大幅缩水。
If panic ensued, markets would fall sharply. Banks and investors would see their capital and wealth erode.
如果引发恐慌情绪，那么市场将暴跌，银行和投资者将眼看着自己的财富大幅缩水。
If panic ensued, markets would fall sharply. Banks and investors would see their capital and wealth erode.
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