Low stock investment position is that the fund can be used to circumvent the key market risk.
低股票投资的立场是，该基金可用于规避市场风险的关键。
On the condition that the stock market index has dropped for a long time, convertible bonds become the new investment instrument by the institution because of the low risk.
在近几年股票市场长期调整的状况下，可转换债券以其低风险的特性逐步获得了市场机构投资者的认同。
Paper abstract: risk investment has high risk, high yield, high investment, low liquidity, high technical basic characteristics.
论文提要：风险投资具有高风险、高收益、高投入、低流动性、高技术性的基本特征。
However, the core features of ERP project such as vast investment, hard to implement, long-cycle, high-risk, benefit-delaying and so on cause it's implementation success ratio generally low.
然而，ERP项目所具有的投资额大、难度大、周期长、项目风险大、效益滞后等特点使得其实施成功率普遍较低。
However, the core features of ERP project such as vast investment, hard to implement, long-cycle, high-risk, benefit-delaying and so on cause it's implementation success ratio generally low.
然而，ERP项目所具有的投资额大、难度大、周期长、项目风险大、效益滞后等特点使得其实施成功率普遍较低。
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