Even non-tradable share reform failed to thoroughly change the situation.
即使是股改也未能彻底改变这一局面。
A critical problem in Chinese securities market is the existence of non-tradable shares.
中国证券市场的关键问题之一是非流通股的存在。
Non-tradable shares have caused various market deficiencies and corporate governance problems.
非流通股引起了各种市场缺陷和公司治理问题。
The same happened in non-tradable services, which by definition need to be done where consumers are based.
同样在以消费者为基础的非贸易行业也在增长，但是做的还不够，依然需要做下去。
Share-split is a situation that tradable and non-tradable stocks coexist in the listed companies of China.
股权分置是指我国上市公司中存在的非流通股和流通股并存的情况。
Share buybacks may remove some immediate concern about a potential flood of previously non-tradable shares onto the market.
股份回购可能会消除投资者眼前对“大小非”可能涌入市场的担忧。
In addition, the study also finds that the non-tradable share reform has been impacting the investor's valuation standards.
此外，本文研究还显示，股权分置对于投资者行为及其估值标准有基本而重要的影响。
Then, with dynamics game model I analyze the interest games of the new round of institutional change of non-tradable shares.
本文进一步以动态博弈模型分析新一轮股权制度变迁过程中的利益博弈。
The non-tradable shares, which take 2/3 in the total shares, are highly concentrated in the hands of the state and the legal persons.
占据股权份额2/3的非流通股主要掌握在国家和法人手中，显现出高度的集中性；
There are other signs of overheating: inflation for non-tradable products in Chile is 6.4% and Brazilian wages are increasing at double-digit rates.
此外还有其他经济过热的迹象：在智利非流通产品的通货膨胀为6.4%。巴西的工资也以两位数的速度增长。
It is precisely because of these two reasons, after the reform of non-tradable shares, listed companies have a strong market value management motives.
正是基于上述两方面原因，“股改”后的上市公司有强烈的股票市值管理动机。
After regression analyzing the transfer price, we can give some reference to the transfer price of the non-tradable shares using the regression method.
通过对绩优公司、业绩一般公司和壳公司的转让价格进行回归分析，运用回归法对非流通股权转让定价提供参考。
Huawei is owned totally by its employees - with around 60% of its staff holding non-tradable shares that are allocated according to position and performance.
华为的股份全部在员工手中公司中约60%的员工拥有非流通股份，份额根据在公司的职务和表现配给。
Since Labour is mobile, this in turn leads to higher wages in the non-tradable sector, where productivity growth is slower, so prices rise faster than in rich countries.
而劳动力是可流动的，于是生产率增长较慢的非贸易部门的工资也随之升高了，从而物价就会以比发达国家更快的速度增长。
Based on the sample of the non-tradable shares transfer and restricted shares transfer, the paper analyzes the tunneling before and after the non-tradable share reform.
基于非流通股协议转让交易的样本和限售股协议转让交易的样本，实证检验了股改前后上市公司的利益输送行为。
There are huge changes in Securities Market in 2006. With the solution of non-tradable share problem, Securities Market will step into "Post-Non-Tradable Share Period".
2006年是中国证券市场制度变革年，伴随股权分置问题的解决，证券市场进入了后股权分置时代。
Board of Directors is to urge the non-tradable shareholders on the company to restart the reform process with concrete proposals to reach a consensus as soon as possible.
公司董事会正在督促各非流通股股东就公司重新启动股改程序的时间与具体方案尽快达成共识。
There will be huge changes in securities market in 2006. With the solution of non-tradable share problem, securities market will begin to "post-non-tradable share period".
2006年是中国证券市场制度变革年，伴随股权分置问题的解决，证券市场进入了后股权分置时代。
Such valuations are based on the improbable projections that all of the company's non-tradable shares still held by the state parent are equal in value to the traded shares.
此等估值基于一个不太可能的假设，即中石油国有母公司持有的全部非流通股，均与流通股等值。
According to a study by three IMF economists, a doubling of the oil price results eventually in a 50% rise in the price of non-tradable goods (such as housing), relative to tradables.
据IMF的三位经济学家研究，油价翻翻，最终导致非交易性物品(比如住房)的价格比可交易物品上涨50%。
How to evaluate the premium of transfer price, what is the key factors to determine the transfer price and how to price the non-tradable shares reasonably are the main topics in this paper.
本文试图研究如何衡量转让溢价，转让价格与哪些因素有关等相关问题以便为非流通股权转让定价提供参考。非流通股权定价主要有净资产法和利益权衡法。
On the changing chain, corporate asset is non-trading asset, but financial assets like stocks and their derivatives belong to financial asset which is a tradable asset .
在资产链中，公司资产是非交易性资产，而股票等形式的资本资产及其衍生资产都属于金融资产，是一种可交易性的资产。
On the changing chain, corporate asset is non-trading asset, but financial assets like stocks and their derivatives belong to financial asset which is a tradable asset .
在资产链中，公司资产是非交易性资产，而股票等形式的资本资产及其衍生资产都属于金融资产，是一种可交易性的资产。
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