情绪流动性
情绪流动性-
反观香港市场，由于投资者情绪及流动性都颇为强劲，跌幅较大陆股市小得多。香港股市对国际投资者开放，但内地投资者则无法自由进入。
By contrast , the Hong Kong market , which is open to international investors but beyond the reach of mainland Chinese traders , has fallen more modestly as sentiment and liquidity flows have remained robust .
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研究发现噪音交易者情绪也是影响流动性的一个主要因素，噪音交易者越乐观市场流动性越大，反之流动性越差。
Based on their researches , they discovered the sentiment of noise traders is also a primary factor affecting market liquidity .
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本文结合噪声交易者、投资者情绪构建了一个理论模型作为研究的基础，并通过此模型将投资者情绪与市场流动性联系起来。
This thesis constructs a brief theoretical model with the investor sentiment , by which the sentiment is connected with the market liquidity .