金融专业英语 sbe7secu

1、Unit 7 Securities InvestmentsValues Today: More important is to read between the lines.lOral Tasks: lI. Performance & Assessment of Previous Oral l Assignments.lII. A Dialog on “Efficient Capital Market ”; P. 94lIII. A Talk on “A Consultation on the Analysis of Security l Analysis Methods P. 218

2、lIV. A Hearing on Analysis of DFHMs Stock Price before Acquisition of 15% of its Equity l Teaching Objective or Professional Skill to Develop:lHow to comment on statistics in tables. graphics etc. lTeaching Stresses or Knowledge Points to Acquire :l1. Ideas and their organization:l2. *Professional T

3、erms & Expressions;l3. *Critical Sentence Patterns;Processes & Key Points for presenting figureslI. Reading the table, graphics or picture to come up with the l general impression of the table/graphics or the picture; l A poor reader : l all hes seen is figures, lines, colors or graphics;l A

4、 good reader: l all hes seen the general picture or phenomenon l presented or suggested by the figures/ colors orl graphics lII. Interpreting or giving your account of reasons or causes l for the phenomenon suggested by figures, colors or l graphics. Take into account both sides of the things; lIII.

5、 Predicting the tendency/trend based on the knowledge l about the table, picture or graphics Case-studies: Writing on the Table about the change in peoples diet. lDirections: In this part, you are required to write on the table in about 150 words about the change in peoples change in diet according

6、to tasks required as follows:l1. the change in peoples diet; (be unbiased )l2. possible causes for the change in the diet; (personal but acceptable )l3. your prediction about the tendency of the peoples diet. (acceptable )l You should quote as few figures as possible.l Year 1986 1987 1988 1989 1990l

7、 food Grain 49% 47% 46.5% 45% 45%l Milk 10% 11% 11% 12% 13%l Meat 17% 20% 22.5% 23% 21% lFruit & Vegetables 24% 22% 20% 20% 21% l Total 100% 100% 100% 100% 100%Sample Writing: a poor one l Diet is the most important things in most peoples life according in Marx. So many people paid big attention

8、 for it. In past five years, there is a huge changes in peoples all diets. Grain in 1986 was 49%, it became 45%,four years later. Milk was 10% in 1986, and 11%, 11%, 12% and 13% in 1987, 1988, 1989, and 1990 respectively; Meat is 17% in the first place and 21% at last in 21%; As for fruits and veget

9、ables, they take up 24%, 22%, 22%,22%,20% and 21% from 1986 to 1990.l Why it have so much changes; it was very simple that peoples life is much better. They have more money to buy good food. Of course, Its related to our governments open-door policies.l The table showed the great change have taked p

10、lace in peoples diets, so we must work hard to make our life better.Sample writing: An ideal one l Past five years have seen evident changes in peoples diet. Their traditionally leading food from plants such as grains vegetables and fruits are losing position to food from animals such as milk and me

11、at in general.l Such interesting changes indicate that there have been improvements in both peoples living standard and their concept about their diet. First, food from animals are not only nourishing but also more expensive than food from plants, This phenomenon suggests a general growth in their i

12、ncome. Second, although food from animals is more nourishing, it is not the more the better, meat contains fat while vitamin-containing fruits and vegetables help peoples digestion after all. This accounts for the decrease in meat and increase in fruits and vegetables in 1990.l Judging from the tabl

13、e, I believe that peoples diet will continue changing, but the tendency will be that their food will be more nourishing and the diet structure will be increasingly reasonable. (153 words)Case-studies:l The Growth in Chinas Auto Salel1). State Chinas sales of autos in the period;l2). Give your possib

14、le reasons for the sales;l3). Predict the prospective auto sales in China for the time to come; l The Growth in Chinas Auto Sales in 2003 Compared with Chinas auto sales in 2002, her auto sales take on a boost in 2003 despite of a few months leveling off. Not only does the sales in the beginning of

15、2003 doubles the sales in the same time of 2002, the growing tendency in the last quarter becomes skyrocketing The radical growth in Chinas auto sales can be attributed to both improvement of overall economic condition and more fierce competition in the nations auto market. It is well-known that in

16、2003, China per capita GDP exceeded $1000., in some cities, it exceeds $3,000. As a result, many families could afford cars. Another dominant in the increase is the intensified competition in Chinas auto market. Currently, all world auto giant companies such as GM, and Toyota have established facili

17、ties in China. Such competition leads toreduction in price and enhancement in quality autos, which facilitates cars going into ordinary Chinese homes. With Chinas steady economic growth and competition intensified in the nations auto industry, the auto sales shall remain increasing vigorously though

18、 may not be so radical on the whole. (163 words)Typical professional expressions l: I. Typical professional expressions for each paragraph of the whole piecel A. Professional expressions for the opening (开头段开头段) paragraph:l 1. The figures/graphics/in the given table/graphics /picture on the l whole

19、assume/take on a tendency/trend of .; l B. Professional expressions for the second paragraph:l 1. Such a phenomenon/boost/boom/growth/slump/collapse/decline l can be attributed to causes as follows:l 2. To me, the following factors may account for / be responsible for l such a boost/boom/growth/slum

20、p/collapse/decline;l C. Professional expressions for the ending paragraph:l 1. Although there could be certain change, such a change/growth/l decline will remain but it will be a matter of degree.l 2. As long as. The tendency will remain. II Professional expressions describing various phenomenon1. 略

21、微增长略微增长/下降：下降： a modest/ slight growth/ rise/ increase;/decrease/decline; there has been a modest/slight growth/increase/decrease/decline/ 2. 急剧增长、暴涨、飙升：急剧增长、暴涨、飙升： boost / boom / be sky-rocketing/ be soaring /going up radically;3. 急剧下降、暴跌、下挫，狂跌急剧下降、暴跌、下挫，狂跌“ slump / collapse/ drop/ decline/go down

22、rapidly/ go down radically; go down desperately 4. 复苏复苏: recover 5. 反弹反弹 ： bounce back 6. 止涨、止跌止涨、止跌: level off 7. 达到顶点达到顶点/峰值峰值: to reach the summit 8 呈现出一种强势增长的势头呈现出一种强势增长的势头 take on/assume a robust momentum of growth.Professional Terms & Expressionsl* monetary and fiscal policies n. 货币与财政政策货币

23、与财政政策lDemographics n. 人口学人口学lAggregate a. 总的总的l*-economy n. 1.经济体经济体 transitional economies/ mature /coastal economies 2. 经济性经济性 fuel economy 3. 效益效益 economies of scalel*- tax credit n. 投资税负的减免投资税负的减免lUnemployment insurance n. 失业保险失业保险l *- business environment n. 商业商业/经营环境经营环境l* multiplier effect n.

24、 乘数效应乘数效应l* earth work n. 土方工程土方工程 v.s stone work 石方工程石方工程l*-restrictive monetary policy n. 限制性的货币政策限制性的货币政策l= tight-money policylv.s liberal money policy n. 宽松的货币政策宽松的货币政策l*- working capital n. 营运资本，营运资本， 流动资金流动资金l*- to finance home mortgage n. 对房屋按揭提供融资对房屋按揭提供融资Professional Terms & Expressions

25、l*- consumer durables n. 消费者耐用品消费者耐用品l*-（electric household ）appliances n. 家用电器家用电器l*- exchange rate n. 汇率汇率l*- macroscopic a. 宏观的宏观的 v.s microscopic 微观的微观的l*- portfolio n. = mix 组合组合 investment/ asset/ product portfolio 投资投资/资产资产/产品产品组合组合lBe over-weighted in sth. 在在 sth中予以了过多的权重中予以了过多的权重lBe under-w

26、eighted in sth 在在sth 中予以了过低的权重中予以了过低的权重l*-benchmark n. 标杆标杆l*-一旦这一破纪录的成绩作为衡量同事业绩的标杆，它必然导致人们跳一旦这一破纪录的成绩作为衡量同事业绩的标杆，它必然导致人们跳槽离开公司。槽离开公司。lOnce this record-breaking performance serves as the benchmark against which peers performance shall be measured, turnover is bound to occur.l*-allocation n. v.s dist

27、ribution l* recession n. 萧条萧条l*-scenario n. 设想的一种情况设想的一种情况 l（The worst-case scenario would be for the business to be sold off）l最坏的一种情况可能就是企业被卖掉。最坏的一种情况可能就是企业被卖掉。Professional Terms & Expressionsl*- P/E (Price earning ) ratio n. 市盈率市盈率l*- income-generating securities n. 创收的证券创收的证券l*- interest-bear

28、ing period n. 付息期付息期 l* T-Bill (Treasury Bill) n. 美国联邦短期债券美国联邦短期债券l*- outperform vt. 比比 表现更突出表现更突出lFacts prove that those township businesses have far outperformed majority state-owned businesses in Chinas coastal economies.l*- leverage n. vt. 杠杆作用杠杆作用l* life cycle n. 生命周期生命周期l*- quotas n. 指标、配额指标、配

29、额 l*-capital goods n 资本品资本品 （实际是固定资产中的装备和设备）（实际是固定资产中的装备和设备）lProspect n 前景前景l*- explosive growth. N. 爆炸式、井喷式增长爆炸式、井喷式增长l很快，全球油价的飙升很快地终结了中国汽车业井喷式的增长。很快，全球油价的飙升很快地终结了中国汽车业井喷式的增长。l *-overprice vt. 定价过高定价过高l*- spread n. 价差、息差价差、息差Priority Sentence Patterns l1*- be in/out of proportion to sth. 与与sth 成成/不成比例不成比例l很多的股民发现，他们的红利与他们出自部车不成比例很多的股民发现，他们的红利与他们出自部车不成比例lMany share-holders found that their dividends were not in proportion to the contribution of their investmen