Respond of Stock Trading Volume to Earning Report

Earning report is a main accounting report that transmits earning information to users. It is the core of financial reports system. Earning information is significant to users' decision making. This paper studies the respond of stock trading volume to earning report and draws the curve of trading volume before and after earning report. This paper further does a regression analysis of accidental earning and abnormal return rate, and draws the relation curve of them on the earning report date to prove stock trading volume does have remarkable respond to earning report. This research is significant to either lessen small investors blindness investment and help them make reasonable forecast to markets and regulate the disclosure of listed companies.     

Existence of an Arbitrage about Portfolio in an Unequilibrium Market

This article has discussed the problem of an arbitrage about an portfolio in an unequilimarket and got a determinable theorem about existence of an arbitrage about an portfolio. According to this theorem,an arbitrage about portfolio is not existing if there exists a respect martignal measure.A structural result about existence of arbitrage about an portfolio in a market is gotten. All results represent the existence of an arbitrage about an portfolio is related closely to the type of market.     

Physical simulation of fluid field and structure optimization in two-strand tundish

The influence of the structure and location of dam and weir on fluid flow state in a two-strand tundish is studied, and a set of optimal structure, combining with the average residence time calculated from RTD curve, is obtained. The result indicates that the fluid flow state can be changed and the path of the fluid flow can be prolonged as well as the average residence time is improved after using dam and weir. But there are some dead zones after fluid passed through the dam and weir. Combination scheme of No. one dam and weir is better than the others. Its average residence time is 299 s and the volume fraction of dead zone is 31.0%. After the optimization of flowing control parameters in tundish, the best case is that the distance between dam and weir is 290 mm and the distance between weir and the long nozzle is 383 mm. The longest average residence time is 351 s and the minimum volume fraction of dead zone is 19.0% under the above situation. Compared with that of no dam and weir, the average residence time increases by 65 s and the dead zone volume fraction decreases by 15.0%. Based on Newton formula, the calculated results show that the inclusions with diameter larger than 17.5 μm can float up within 351 s under this optimization situation.     

Application of Slicing in Component-based System Regression Testing

In component-based system regression testing, the dependence model of component-based system should be built in order to confirm the part which will be affected by modify. Since high reusability and high complexity, the existing dependence models may not be applicable to component-based systems, a hierarchical dependence model is proposed to describe component-based. Through the forward slicing of modified points in the model, the modified and affected parts can be gotten, then traverse these parts and get affected testing path, thereby regression testing examples can be chosen effectively, the efficiency of regression testing can be improred.     

Model of Financing Strategy

Considering information asymmetry between inside and outside of the firms,this paper discusses the financing strategy of M&A,and builds a model.According to the model,we can see that the firm with relatively expected low-productivity will choose equity financing for M&A,and the firm with relatively expected high-productivity will choose debt financing for M&A,and the firm with expected medium-productivity will not choose financing from outside.In the case of undeveloped capital market and financing tools in China,the conclusion of the model has some extent significance for helping firms to choose financing strategy for M&A rationally.     

Design of Data Acquisition System for Vehicle Based on CAN Bus

To the question that a meter is correspond with a set of lead and a sensor,this paper presents a design of data acquisition system for vehicle based on CAN bus.In this way,the combinatorial instrument is only connected by a bus unit.Author introduces the data acquisition structure chart and the CAN interface,analyzes the software by program flow chart,and shows it's application for vehicle virtual instrument.A method of calculating vehicle speed,engine rotate speed and the course of development mileage are also given.     

Research on Cooperative Design Network Security Based on IP-VPN

As the important method and instrument of agile manufacture,the technology of distributed collaborative design and manufacturing has become the hotspot of manufacturing. The basic concept and key technologies of IP_VPN are introduced in this paper,and a collaborative design network model based on IP_VPN is presented. Distributed collaborative design is a multi_user,multitask involved system, which is consisted of lots of collaborative processs,so the network security is the key of distributed collaborative design. We research on the security of collaborative design network based on IP_VPN, hence get a conclusion:we can construct an economical?practical and secure collaborative design network system by the application of data encryption,user authentication and access control based on the role,etc.     

Opportunities and Challenges in Chinese Housing Industry

This article studies the opportunities and challenges in housing industry in China and proposes its development tendency.