Standing on the new viewpoint of fractional integration, KPSS test and LW test can find long memory of return and its volatility in Chinese stock market.
从分整特性的新视角，利用KPSS检验和LW检验对我国股市收益及其波动的记忆性特征进行了深入研究。
2
No fractional shares of Party b's capital stock will be issued upon conversion of the Loan.
在转化贷款期间乙方的任何零星股份都不得发行。
3
Empirical analysis shows Brownian-fractional Brownian model can fit the long-term dependence and the momentum effects of stock returns well.