影响中国股票市场长期投资回报率因素研究.doc__word文档免费下载_证券 关键词] 股票市场;长期投资回报率;市净率估值模型 [gap=638]Key word ] stock market; Long-term return; model
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They are looking for long-term return.
他们放眼于长期回报。
Eventually investors had to face an inexorable logic; the lower the yield on an asset to begin with, the lower the likely long-term return.
最终投资者必须面对残酷的现实逻辑:资产的收益率越低,也就意味着可能的长期回报越低。
This changed landscape puts the sovereign wealth funds in a plumb position: they have cash; they don't need the credit markets; they are looking for long-term return.
时过境迁,如今主权财富基金唱起了主角:他们有现金;他们不必依靠信贷市场;他们放眼于长期回报。
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