Stock issuance and listed companies are closely affected by IPO system. American book building system is increasingly accepted by countries all over the world.

IPO发售机制对一国的股票发行及上市公司具有重要的影响，而世界范围内越来越多的国家已开始采用美式累计订单询价这一IPO发售机制。

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Worldwide, the number of stock offerings is down 15 percent from this time last year, while bond issuance is off 25 percent, according to Capital IQ, a research firm.

根据一家研究公司“资本商情(Capital IQ)”的数据显示，在世界范围内，新股发行量比上年同期下降了15%，而债券发行量则下降了25%。

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It must have been that they somehow knew on the issuance date that the stock price was going to go up, but he said they couldn't possibly know that in these general circumstances.

这一定是,他们在发放期权的当日就知道,股价将要上涨,但是李认为在正常情况下,他们是不可能知道的

耶鲁公开课 - 金融市场课程节选

The solution: Give businesses a deduction for dividends paid (net of money raised through new stock issuance).

FORBES: Magazine Article

Fully participating preferred stock issuance has been on a steady climb since 2008 in Life Sciences .

FORBES: Life Science Venture Financing Terms: Favorable Five Year Trends

Interestingly, Apple has put forward an amendment to its corporate structure that would forbid such a preferred stock issuance.

FORBES: David Einhorn Still Thinks Apple Can Reach $1000 Per Share