The initial return earned by uninformed investors was affected not only by publicly known pre-IPO market return but also by the turnoverrateofstock transactions in the first day of trading.
无信息投资者获得的初始收益不仅受到发行前就已知的市场收益的影响,而且受到二级市场换手率的影响。
2
Effective stock control, can reduce the operation cost, and then raise the turnoverrateof the goods, could reduce losses caused because of the risk in this way, thus make the profit peak.
There are some shortcomings in current Chinese stock exchange turnover tax: levy scope is too narrow, tax rate is too high, the function of macroscopical adjustment is invalid, and so on.