While listed companies are obliged to divulge price-sensitive information to the stock market, there is no obligation on the providers of economic surveys and reports to do the same.
上市公司有义务向股市披露价格敏感信息，但是提供经济调查和报告的机构却没有同样的义务。
Earnings of accounting are important contents of finance information about listed companies. It influences not only companies' listing but also changes of stock price.
会计盈余是上市公司财务信息的重要内容，会计盈余信息不仅影响股份公司能否上市、配股，而且己成为影响股票价格的重要因素。
The second is that it's difficult to confirm reasonable exercise price of stock options in non-listed companies.
二是对非上市公司而言很难确定合理的期权执行价格。
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