This paper takes Zoomlion (Changsha Zoomlion Heavy Industry Science and Technology Development Co., Ltd) as an example and illustrates the reasons why traditional theories of stock dividends and stock splits cannot ...This paper takes Zoomlion (Changsha Zoomlion Heavy Industry Science and Technology Development Co., Ltd) as an example and illustrates the reasons why traditional theories of stock dividends and stock splits cannot rationally explain the large stock dividend and stock split behavior among Chinese listed companies. The paper offers the following points after analyzing the current situation of China's capital market: As many investors seek after the stocks with large stock dividends and stock splits and form a "herd effect", it greatly pushes up the price of these stocks. Thus, companies' managers can cater these investors' irrational behavior, and help their companies get more funds from secondary equity offerings, or help their large shareholders and institutional investors to obtain more returns after lifting the sell restriction on their shares.展开更多
Virtual routers are gaining increasing attention in the research field of future networks. As the core network device to achieve network virtualization, virtual routers have multiple virtual instances coexisting on a ...Virtual routers are gaining increasing attention in the research field of future networks. As the core network device to achieve network virtualization, virtual routers have multiple virtual instances coexisting on a physical router platform, and each instance retains its own forwarding information base (FIB). Thus, memory scalability suffers from the limited on-chip memory. In this paper, we present a splitting-after-merging approach to compress the FIBs, which not only improves the memory efficiency but also offers an ideal split position to achieve system refactoring. Moreover, we propose an improved strategy to save the time used for system rebuilding to achieve fast refactoring. Experiments with 14 real-world routing data sets show that our approach needs only a unibit trie holding 134 188 nodes, while the original number of nodes is 4 569 133. Moreover, our approach has a good performance in scalability, guaranteeing 90 000 000 prefixes and 65 600 FIBs.展开更多
文摘This paper takes Zoomlion (Changsha Zoomlion Heavy Industry Science and Technology Development Co., Ltd) as an example and illustrates the reasons why traditional theories of stock dividends and stock splits cannot rationally explain the large stock dividend and stock split behavior among Chinese listed companies. The paper offers the following points after analyzing the current situation of China's capital market: As many investors seek after the stocks with large stock dividends and stock splits and form a "herd effect", it greatly pushes up the price of these stocks. Thus, companies' managers can cater these investors' irrational behavior, and help their companies get more funds from secondary equity offerings, or help their large shareholders and institutional investors to obtain more returns after lifting the sell restriction on their shares.
基金Project supported by the National Basic Research Program (973) of China (No. 2012CB315805), the National Natural Science Foundation of China (Nos. 61173167 and 61472130), the Prospective Research Project on Future Networks of Jiangsu Future Networks Innovation Institute, China (No. 2013095-1-05), the Hunan Provincial Innovation Foundation for Postgraduate, China (No. CX2014B150), and the State Scholarship Fund of China (No. 201406130048)
文摘Virtual routers are gaining increasing attention in the research field of future networks. As the core network device to achieve network virtualization, virtual routers have multiple virtual instances coexisting on a physical router platform, and each instance retains its own forwarding information base (FIB). Thus, memory scalability suffers from the limited on-chip memory. In this paper, we present a splitting-after-merging approach to compress the FIBs, which not only improves the memory efficiency but also offers an ideal split position to achieve system refactoring. Moreover, we propose an improved strategy to save the time used for system rebuilding to achieve fast refactoring. Experiments with 14 real-world routing data sets show that our approach needs only a unibit trie holding 134 188 nodes, while the original number of nodes is 4 569 133. Moreover, our approach has a good performance in scalability, guaranteeing 90 000 000 prefixes and 65 600 FIBs.