强制征收“巨灾保险”——发行银行核心资本过度缩水时可转成股本的可换债务——的想法得到了金先生的部分赞同。
Compulsory "catastrophe insurance" -issuing convertible debt that turns into equity if a bank's core capital falls too far-is an idea Mr King views with some favour.
认购申请高于新股发行量的情况，在这种情形下，该证券的开盘价会趋于升水，从而可反映过度需求的状况。
The oversubscribed refers to the situation when the subscriptions for a new issue are more than available. The opening price of this security will be at premium to reflect the over-demand.
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