He pointed out: "some integration will appear, including acquisitions, as part of a marginal industry will not be able to find investors to support their business plan."

他指出：“一些整合情况将会出现，当中包括收购行动，因为部分较边缘的同业将找不到投资者支持他们的营商计划。”

youdao

This combination of activity and the search for volatility means that, in certain situations, hedge funds have become the marginal, price-determining investors.

对冲基金将交易活动与对波动性的追求结合起来，这意味着，在某些场合下，对冲基金已成为决定价格的极少数投资方。

youdao

"When the marginal investors have to start selling at a loss, that's when we'll see others jump in, " he says.

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