It is therefore believed that investors are misled by the surplus management to overvalue the stocks, leading to sliding efficiency of capital allocation. 本文認為，上市公司配股過(guò)程中的盈余管理誤導了投資者的決策，造成了股票價(jià)值的高估和資本配置效率的下降。
Sovereign wealth funds would benefit international markets by increasing liquidity and by making global resource allocation more efficient, Mr Wei said. 魏本華表示，通過(guò)提高流動(dòng)性和全球資源配置效率，主權財富基金將有助于全球市場(chǎng)。
