The empirical research shows that the value strategies that buys historically low price,high book-to market ratios,or high sale-price of A stocks,can outperform the glamour strategies that buys historically high price,low book-to market ratios,or low sale-price of A stocks after formation-period in China Security Market.

Value Direction Research to Human Resource Policy of Local Government in China;

From three aspects of evaluation theory, method , technology and practice , this paper discusses the problems about the present popular college teacher evaluation model in china , in the mean time, the author points out the way to modify it in the education evaluation value direction , connotation indexes , qualitative analysis, information systems and practice mechanism .