Resources
Special Terms |
| Neuer Markt | 法兰克福证交所的新股市 The Neuer Markt（The New Market） was launched as a trading segment for technology companies at Frankfurt Stock Exchange in Germany on March 10, 1997. It was introduced as a subsidiary of the Deutsche Borse AG, with the objectives to attract small-to-medium-sized, young technology firms. The number of companies that have gone public in Germany or rather on the New Markt, increased dramatically during the IPO boom period. However, as a consequence of the downturn of shares listed at the Neuer Markt since March 2000, the going public of companies became much more difficult. Deutsche Borse Group, based in Frankfurt, is Neuer Markt’s parent company. The Group provides access to capital markets for companies and investors and is currently the leading provider of infrastructure services for the securities industry, with some 2,000 customers and a focus on Europe, the Americas and Asia. |
| techMARK | Since its launch in 1999 at London Stock Exchange, techMARK has established itself as a global market for shares of businesses enjoying a cutting edge in technological innovation. techMARK succeeds in meeting the requirements of both innovative technology businesses and a wide variety of investors. Companies on techMARK are active across all sectors of commercial and industrial activities, range from established multinationals to small start-up businesses and share a commitment to innovation, and a desire for global visibility and a London listing. Innovative companies are attracted to list in London by its deep pool of capital, unrivalled equity culture, high liquidity, advanced trading system and sophisticated international investment community. Membership of techMARK is open to all innovative technology companies regardless of their size, country of origin or currency of the share trading. |
| managing director | 常务董事 |
| financial instrument | 金融票据,金融手段 |
| start-up | 新成立的企业 |
| spin-off | （母公司收回股本后）脱离母公司的公司 |
| portfolio company | 证券投资公司 |
| industry consolidation | 产业联合 |
| management buyout | 买断产权或管理权 |
| balance sheet | 资产负债表 |
| re-capitalization | 资本调整,重注资本 |
| stock market | 股票市场 |
| return on investment (investment return) |
投资回报 |
| cash flow | 现金流动 |
| labor-intensive | 劳动力密集型 |
| venture capital | An investment in a start-up business that is perceived to have excellent growth prospects but does not have access to capital markets. Type of financing sought by early-stage companies seeking to grow rapidly. 风险资本 |
| Silicon Valley | Silicon Valley is an area that is located on the San Francisco, California peninsula, radiates outward from Stanford University. It is contained by the San Francisco Bay on the east, the Santa Cruz Mountains on the west, and the Coast Range to the southeast. At the turn of the century, when fruit orchards predominated, the area was known as the Valley of Heart’s Delight. Silicon Valley now is the hub of American high-tech industry. 硅谷 |