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近年国际市场股票发行总量和总额呈增长态势,1999年全球上市公司的总市值已高达30.18万亿美元,超过了全球的生产总值(即所有商品和服务价值的总和)。在欧美股市近期续创新高的情况下,亚洲股市的表现略显压抑,但从经济基本面与资金流向来分析,亚洲股市长期走势依然看好。石油和化工类股作为主导投资领域的地位正受到高科技等新兴行业的冲击。但作为投资量大、技术密集和回报稳定、风险较小的工业股,世界主要石油和化工上市公司正充分利用其股价较稳定的优势,配以优惠措施,吸引国际投资者。此外,随着投资多元化的进一步深化,投资基金公司也会不断调整投资组合,在进行投机运作获取高额利润的同时,也会通过对基础较好的传统工业的投资活动获取稳定回报,以适应多变的国际资本市场。
In recent years, the total amount of stock issuance in the international market has been increasing. In 1999, the total market capitalization of listed companies in the world reached as high as 30.18 trillion U.S. dollars, surpassing the global gross domestic product (the sum of all goods and services). In the recent European stock market continued to record highs, the performance of the Asian stock market slightly suppressed, but from the economic fundamentals and capital flows to the analysis, the long-term trend of Asian stock markets are still optimistic. The position of oil and chemical stocks as the dominant investment sector is being hit by emerging industries such as high tech. However, as the industrial stocks with large amount of investment, technology intensiveness and steady returns, the risk is relatively small, the major oil and chemical listed companies in the world are making full use of the relatively stable stock price and the preferential measures to attract international investors. In addition, as investment diversification deepens, investment fund companies will continue to adjust their investment portfolios. While conducting speculative operations to obtain high profits, they will also obtain stable returns through investing in better traditional industries. Adapt to changing international capital markets.