经济学

• desterilization of non-tradable shares

  Since the first non-tradable shares became tradable on June 19,2006,the desterilization of non-tradable shares came to our sight gradually.

  从2006年6月19日第一笔股改限售股解禁事件开始,股改限售股解禁已渐渐成为全社会关注的焦点。

• restricted stock circulation

  Firstly, basing on the time-varying of the circulated amount, this article researched the volatility of Shanghai Stock Index, and judged that if index changes were caused by restricted stock circulation. The result is volatility always be impacted by news.

  本文首先从限售股解禁量时间变化的角度,研究了在解禁量较为集中的时间段里沪指波动的情况,并逐一分析判断各时间段中的波动是否与限售股解禁直接相关,结果显示股指的波动大多是受短期消息面因素影响。