1
2
3
4
5
6
7
8
9
10
11
1
1 2 1 2 3 2
3
1 2 3 4
5
80% 6
7
, 8
2.5 5% 3% 9
1 2 3 1 4 10
10 5 11
12
13
14
?? / 4692 15
500039?? 500015 500001 16
? 90 4698 4693 17
? 4711? 18
? 19
20
1 21
2 3 4 5 5 1 2 22
3 4 T T+1 T+2 T+3 T+4 23
24
25
1 2 3 4 26
27
28
2000 7 3 9904 9905 2000 6 30 1000 000011 29
= = 9 30
31
30 30 32
33
1 34
2 3 1 2 3 4 5 6 35
1 2 3 4 1 2 3 4 36
1 2 3 4 IPO 37
3 3 1 1 1 9850 =10000 1.5=150 =10000150=9850 =9850 / 1 =9850 38
IPO 39
" " 40
1 41
2 3 10% 10% 4 10% 42
T T+2 T+7 1 2 T T2 T2 3 43
T 7 44
45
1 2 3 = = 46
47 = /T 1 2 3 4
48 = T = = 1 2 3
T T1 1 2 3 4 49
5 6 1 2 3 4 3 50
20 10 1 2 10 51
3 1 2 3 52
1 2 53
54 5% 3 3% 4 5
0.25% 55
1 2,, 10% 3, 56
,,, 10%,, 10%,,,,,,,, 57
T T T T 58
1 2 3 4 59
? 60
61
1 10 2 3 62
T7 10 10 63
1500 T T7 64
T T7 0.25% 65
66
T T+2 67
68
69
1 2 3 4 70
1 2 71
1 90% 2 3 4 5 1 72
2 3 3 4 5 6 1 2 73
90 74
10 020 2 120 2000012016667 116667 2 20000200002 120 16333 334 75
1 2 3 76
10 1.10 020 2 10 1.10 2 /10 =10% 1.20 10 1.20 10 1.10 /10 =10% 77
90 78
79
1 80
2 3 1.25~15 025 81
1998 8 6 [1998]55 1 2 2000 3 82
1 0.4 2 1999 1 2 3 20% 4 5 83
\ 1.5% 84
1.5% H=E 1.5% 365 H E 1.25% 20% H=E1.25% H E 20% 85
86
2 0.25 0.5% 87
,,, 88
89
90
91
50% 50% 92
1 2 93
94
95
96
97
1 80% 21 1 10% 3 1 10% 41 20% 98
1 2 3 4 5 6 7 8 9 10 11 12 99
1 100 2 3 4 5
6 7 1 2 3 101
1 2 3 4 1 2 3 4 5 6 102
7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 1 103
2 3 4 5 6 7 8 9 10 11 1 1 2 3 4 5 6 7 104
1999 1 1 1 12 31 12 31 105
1999 12 31 106 1999 4 8 2 Xi=[ - 365 / 12 31 ]/ 1999 1999 5.19 Xi=[ - 365 ]/ 3
4, 107
1 2 3 4 5 6 7 2000 2000 108
1 2 109
,, 110
111
2 5 5 112
113 2 / * / 10% * /
* / 1 2 3 114
1 2 3 115
116
117
www.sse.com.cn www.cninfo.com.cn 1 1 2 3 2 1 2 118
119
1 2 3 4 5 6. 120
1 21 21 2 3 20% 20% 121
122
123
,,, 124
125
80 20 10 126
1 2.? 127
? 3 + = 100% 3 1 2 128
20% 3 4 129
130
1 131
2 3 4 3 75 132
? 133
134
1 2 135
3 4 5 136
1 2 3 137
? 1 2 3 4 5 6 7 138
139
140
141
=100% - / 142
=100% - + + / 4692 4696 4705 500006 500016 4690 4699 4702 500039 4691 4695 143
4701 500007 500005 500015 500025 500035 4703 500001 500011 500021 500003 500009 4709 500013 4708 4718 500008 500018 144
500028 500002 4688 4698 4710 500010 4689 4693 4711 500038 4712 4713 500029 4706 145
146
, 91, 116, 114, 71, 6, 72, 114, 101, 142, 15, 15, 141, 94, 53, 124, 124, 139, 80, 125 147, 5 /, 114 /, 115, 142, 54, 15, 118
, 11, 52, 12, 79, 81, 85, 3, 79, 21, 109, 31, 118, 122, 3, 14, 80, 12, 22, 69, 118, 82, 3, 99, 98, 99, 92 2, 81, 2, 80, 80, 29, 106, 91, 29, 124, 53, 67, 118, 92, 118, 52, 46, 51, 63, 52, 42
, 7, 72, 125, 64, 93 / 100%, 114, 126, 5, 64, 93, 38,, 42 118, 91, 16 3, 61, 61, 12, 29, 61, 54, 46, 47, 61
, 56, 29, 110 /, 115, 113, 142, 76, 28, 16, 38 IPO, 38, 15, 66, 54, 48, 61, 48, 61, 57, 52, 101, 97, 99, 130, 1, 137, 98, 98, 96, 128, 111, 4, 12, 42, 95, 145 4
, 30, 40, 74, 75, 1, 48, 17, 17, 92, 111, 18, 55, 113, 144 5