By comparing the trading volume, price, variance of return and beta of the underlying stocks before and after the warrants issue, the research analyzes the microeffect of the warrants issue event.

本文分别从权证发行前后标的股票的价格、成交量、收益率方差塔值的变化情况，分析权证发行的微观效应。

By comparing the trading volume, price, variance of return and beta of the underlying stocks before and after the warrants issue, the research analyzes the microeffect of the warrants issue event.

本文别从权证发行前后标的股票的价格、、收益率方差以及贝塔值的变化情况，析权证发行的微观效应。

By comparing the trading volume, price, variance of return and beta of the underlying stocks before and after the warrants issue, the research analyzes the microeffect of the warrants issue event.

本文分别从权证发行前股票价格、成交量、收益率方差以及贝塔值变化情况，分析权证发行微观效应。

By comparing the trading volume, price, variance of return and beta of the underlying stocks before and after the warrants issue, the research analyzes the microeffect of the warrants issue event.

本文分别从权证发行前后标股票价格、成交量、收益率方差以及贝塔值情况，分析权证发行效应。

By comparing the trading volume, price, variance of return and beta of the underlying stocks before and after the warrants issue, the research analyzes the microeffect of the warrants issue event.

本文分别从权证发行前后标的股票的价格、成交量、方差以及贝塔值的变化情况，分析权证发行的微观效应。

By comparing the trading volume, price, variance of return and beta of the underlying stocks before and after the warrants issue, the research analyzes the microeffect of the warrants issue event.

本文分别从权证发行前后标的股票的价格、成交量、收益率方差以及贝塔值的变化情况，分析权证发行的微观效应。

By comparing the trading volume, price, variance of return and beta of the underlying stocks before and after the warrants issue, the research analyzes the microeffect of the warrants issue event.

本文分别从权证发行前后标的股票的价格、成交量、收益率方差以及贝塔值的变化情况，分析权证发行的微观效应。

By comparing the trading volume, price, variance of return and beta of the underlying stocks before and after the warrants issue, the research analyzes the microeffect of the warrants issue event.

本文分别从权证后标的股票的价格、交量、收益率方差以及贝塔值的变化情况，分析权证的微观效应。

By comparing the trading volume, price, variance of return and beta of the underlying stocks before and after the warrants issue, the research analyzes the microeffect of the warrants issue event.

文分别从权证发行前后标的股票的价格、成交量、收益率方差以及贝塔值的变化情况，分析权证发行的微观效应。