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Diversifications to hong kong are not enough because hong kong is highly positively correlated to the mainland china .

分散风险到香港是不够的，因为香港与中国大陆呈现高度的正相关。

Even so , this year 's surge in spin-offs and the rise in the conglomerate discount certainly suggest that new diversifications are likely to be far outweighed by corporate break-ups .

即便如此，今年出现的分立浪潮以及多元化折让率的增长说明新的多元化发展可能没有企业拆分那么有吸引力。

The inevitability of diversified tourism development is determined by the diversifications in tourist market systems , tourist product systems and tourism guarantee systems .

旅游业多元化发展的客观必然性，是由旅游客源市场系统的多元化、旅游产品系统的多元化和旅游保障系统的多元化决定的。

The presentational characteristics of diversified tourism development include those of diversifications in tourist demands and in travel products and environments whereas the intrinsic ones are composed of expansion , inheritance , phasing , area bisection , and interaction .

旅游业多元化发展的表象特征，包括旅游需求多元化特征、旅游产品多元化特征和环境多元特征，本质特征包括扩张性、继承性、阶段性、区域性、互动性。

He rode the bull market in bonds for 20 years , then made a bet on shares and presided over a series of acquisitions and diversifications that have made it a significant force in equities , property , hedge funds and commodities .

他投资债券20年，安然度过了牛市，然后他投资于股票并主持了一系列并购，这令公司成为股票、地产、对冲基金和大宗商品领域的一只强大力量。