金融专业英语sbe7securities课件

Unit7SecuritiesInvestmentsValuesToday:Moreimportantistoreadbetweenthelines.OralTasks:

I.

Performance&AssessmentofPreviousOralAssignments.II.ADialogon“EfficientCapitalMarket”;P.94III.ATalkon“AConsultationontheAnalysisofSecurityAnalysisMethodsP.218IV.AHearingonAnalysisofDFHM'sStockPricebeforeAcquisitionof15%ofitsEquity

TeachingObjectiveorProfessionalSkillto

Develop:Howtocommentonstatisticsintables.graphicsetc.TeachingStressesorKnowledgePointsto

Acquire:1.Ideasandtheirorganization:2.*****ProfessionalTerms&Expressions;3.*****CriticalSentencePatterns;Unit7SecuritiesInvestmentsVProcesses&KeyPointsforpresentingfiguresI.Readingthetable,graphicsorpicturetocomeupwiththe

generalimpressionofthetable/graphicsorthepicture;Apoorreader:allhe’sseenisfigures,lines,colorsorgraphics;Agoodreader:allhe’sseenthegeneralpictureorphenomenonpresentedorsuggestedbythefigures/colorsorgraphicsII.Interpretingorgivingyouraccountofreasonsorcauses

forthephenomenonsuggestedbyfigures,colorsorgraphics.Takeintoaccountbothsidesofthethings;III.Predictingthetendency/trendbasedontheknowledgeaboutthetable,pictureorgraphicsProcesses&KeyPointsforprCase-studies:WritingontheTableaboutthechangeinpeople’sdiet.

Directions:Inthispart,youarerequiredtowriteonthetableinabout150wordsaboutthechangeinpeople’schangeindietaccordingtotasksrequiredasfollows:1.thechangeinpeople’sdiet;(beunbiased)2.possiblecausesforthechangeinthediet;(personalbutacceptable)3.yourpredictionaboutthetendencyofthepeople’sdiet.(acceptable)Youshouldquoteasfewfiguresaspossible.

Year19861987198819891990foodGrain49%47%46.5%45%45%Milk10%11%11%12%13%Meat17%20%22.5%23%21%Fruit&Vegetables24%22%20%20%21%Total100%100%100%100%100%Case-studies:WritingontheSampleWriting:

apooroneDietisthemostimportantthingsinmostpeople’slifeaccordinginMarx.Somanypeoplepaidbigattentionforit.Inpastfiveyears,thereisahugechangesinpeople’salldiets.Grainin1986was49%,itbecame45%,fouryearslater.Milkwas10%in1986,and11%,11%,12%and13%in1987,1988,1989,and1990respectively;Meatis17%inthefirstplaceand21%atlastin21%;Asforfruitsandvegetables,theytakeup24%,22%,22%,22%,20%and21%from1986to1990.Whyithavesomuchchanges;itwasverysimplethatpeople’slifeismuchbetter.Theyhavemoremoneytobuygoodfood.Ofcourse,It’srelatedtoourgovernment’sopen-doorpolicies.Thetableshowedthegreatchangehavetakedplaceinpeople’sdiets,sowemustworkhardtomakeourlifebetter.SampleWriting:apooroneSamplewriting:Anidealone

Pastfiveyearshaveseenevidentchangesinpeople’sdiet.Theirtraditionallyleadingfoodfromplantssuchasgrainsvegetablesandfruitsarelosingpositiontofoodfromanimalssuchasmilkandmeatingeneral.Suchinterestingchangesindicatethattherehavebeenimprovementsinbothpeople’slivingstandardandtheirconceptabouttheirdiet.First,foodfromanimalsarenotonlynourishingbutalsomoreexpensivethanfoodfromplants,Thisphenomenonsuggestsageneralgrowthintheirincome.Second,althoughfoodfromanimalsismorenourishing,itisnotthemorethebetter,meatcontainsfatwhilevitamin-containingfruitsandvegetableshelppeople’sdigestionafterall.Thisaccountsforthedecreaseinmeatandincreaseinfruitsandvegetablesin1990.Judgingfromthetable,Ibelievethatpeople’sdietwillcontinuechanging,butthetendencywillbethattheirfoodwillbemorenourishingandthedietstructurewillbeincreasinglyreasonable.(153words)Samplewriting:AnidealoCase-studies:TheGrowthinChina’sAutoSale1).StateChina’ssalesofautosintheperiod;2).Giveyourpossiblereasonsforthesales;3).PredicttheprospectiveautosalesinChinaforthetimetocome;

Case-studies:TheGrowthinChTheGrowthinChina’sAutoSalesin2003ComparedwithChina’sautosalesin2002,herautosalestakeonaboostin2003despiteofafewmonths’levelingoff.Notonlydoesthesalesinthebeginningof2003doublesthesalesinthesametimeof2002,thegrowingtendencyinthelastquarterbecomesskyrocketingTheradicalgrowthinChina’sautosalescanbeattributedtoboth

improvementofoveralleconomicconditionandmorefiercecompetitioninthenation’sautomarket.Itiswell-knownthatin2003,ChinapercapitaGDPexceeded$1000.,insomecities,itexceeds$3,000.Asaresult,manyfamiliescouldaffordcars.AnotherdominantintheincreaseistheintensifiedcompetitioninChina’sautomarket.Currently,allworldautogiantcompaniessuchasGM,andToyotahaveestablishedfacilitiesinChina.Suchcompetitionleadstoreductioninpriceandenhancementinqualityautos,whichfacilitatescars’goingintoordinaryChinesehomes.WithChina’ssteadyeconomicgrowthandcompetitionintensifiedinthenation’sautoindustry,theautosalesshallremainincreasingvigorouslythoughmaynotbesoradicalonthewhole.(163words)TheGrowthinChina’sAutoSalTypicalprofessionalexpressions:I.TypicalprofessionalexpressionsforeachparagraphofthewholepieceA.Professionalexpressionsfortheopening(开头段)paragraph:1.Thefigures/graphics/inthegiventable/graphics/pictureonthewholeassume/takeonatendency/trendof..;B.Professionalexpressionsforthesecondparagraph:1.Suchaphenomenon/boost/boom/growth/slump/collapse/decline

canbeattributedtocausesasfollows:2.Tome,thefollowingfactorsmayaccountfor/beresponsibleforsuchaboost/boom/growth/slump/collapse/decline;C.Professionalexpressionsfortheendingparagraph:

1.Althoughtherecouldbecertainchange,suchachange/growth/declinewillremainbutitwillbeamatterofdegree.2.Aslongas….Thetendencywillremain.TypicalprofessionalexpressioIIProfessionalexpressionsdescribingvariousphenomenon1.略微增长/下降：amodest/slightgrowth/rise/increase;/decrease/decline;therehasbeenamodest/slightgrowth/increase/decrease/decline/2..急剧增长、暴涨、飙升：boost/boom/besky-rocketing/besoaring/goingupradically;3.急剧下降、暴跌、下挫，狂跌“slump/collapse/drop/decline/godownrapidly/godownradically;godowndesperately4.复苏:recover5.反弹：bounceback6.

止涨、止跌:leveloff7.达到顶点/峰值:toreachthesummit8呈现出一种强势增长的势头takeon/assumearobustmomentumofgrowth.IIProfessionalexpressionsdeProfessionalTerms&Expressions*****monetaryandfiscalpoliciesn.货币与财政政策Demographicsn.人口学Aggregatea.总的******--------economyn.1.经济体transitionaleconomies/mature/coastaleconomies2.经济性fueleconomy3.效益economiesofscale*****-------taxcreditn.投资税负的减免Unemploymentinsurancen.失业保险******---------businessenvironmentn.商业/经营环境******multipliereffectn.乘数效应******earthworkn.土方工程v.sstonework石方工程******-------restrictivemonetarypolicyn.限制性的货币政策=tight-moneypolicyv.sliberalmoneypolicyn.宽松的货币政策*****----------workingcapitaln.营运资本，流动资金*****-----------tofinancehomemortgagen.对房屋按揭提供融资ProfessionalTerms&ExpressioProfessionalTerms&Expressions*****-------consumerdurablesn.消费者耐用品*****----------（electrichousehold）appliancesn.家用电器*****-exchangeraten.汇率*****--------macroscopica.宏观的v.smicroscopic微观的*****------------portfolion.=mix组合investment/asset/productportfolio投资/资产/产品组合Beover-weightedinsth.在sth中予以了过多的权重Beunder-weightedinsth在sth中予以了过低的权重*****----benchmarkn.标杆*****------------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。Oncethisrecord-breakingperformanceservesasthebenchmarkagainstwhichpeers’performanceshallbemeasured,turnoverisboundtooccur.*****-----allocationn.v.sdistribution*****recessionn.萧条*****------scenarion.设想的一种情况（Theworst-casescenariowouldbeforthebusinesstobesoldoff）最坏的一种情况可能就是企业被卖掉。ProfessionalTerms&ExpressioProfessionalTerms&Expressions*****--------P/E(Priceearning)ration.市盈率*****-------income-generatingsecuritiesn.创收的证券*****------interest-bearingperiodn.付息期*****T-Bill(TreasuryBill)n.美国联邦短期债券*****--------outperformvt.比…表现更突出Factsprovethatthosetownshipbusinesseshavefaroutperformedmajoritystate-ownedbusinessesinChina’scoastaleconomies.*****----leveragen.vt.杠杆作用*****lifecyclen.生命周期*****----quotasn.指标、配额*****-----capitalgoodsn资本品（实际是固定资产中的装备和设备）Prospectn前景*****---------explosivegrowth.N.爆炸式、井喷式增长很快，全球油价的飙升很快地终结了中国汽车业井喷式的增长。*****-----overpricevt.定价过高*****------------------spreadn.价差、息差ProfessionalTerms&ExpressioPrioritySentencePatterns

1*****----------bein/outofproportiontosth.与sth成/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Manyshare-holdersfoundthattheirdividendswerenotinproportiontothecontributionoftheirinvestment.Bench-markn.2.*****--------------Given(在句首接句子)考虑到，…..

Giventheyhavesucceededindevelopingsubstitutefortheexpensivematerial,theywillhaveupperhandoverthecompetitioninprice.3.*****-----bepessimisticaboutsth.对sth持悲观态度4.*****-------beoptimisticaboutsth.对sth持乐观态度5.*****--------beanalternativetosth.是sth的替代6.*****---------asanalternativetosth.作为现金奖金的替代，这些员工可以得到公司的股份。7.*****-----involvedoingsth.意味着做…(引进该技术和创建合资企业意味着要将销售净利润的5%作为技术使用费交给合资企业的外方。)PrioritySentencePatternsAssignments:I.GroupDiscussion:GiveyourcommentonthedevelopmentandperformanceofChina’ssecuritiesandreasonsforthem.Groupworkshallbesubmittedforpartofthefinalofgroupmembers;II.QuestionforindividualsWhatdoyoudowithyoursurplusofmoneyfromyourincome?(Whatareyouinclinedtodowithyoursurplusmoney?Depositwithabank?orinvestinsecuritiesmarket?Orrunabusinessentityofyourown?Why?)Assignments:I.GroupDiscussiUnit7SecuritiesInvestmentsValuesToday:Moreimportantistoreadbetweenthelines.OralTasks:

I.

Performance&AssessmentofPreviousOralAssignments.II.ADialogon“EfficientCapitalMarket”;P.94III.ATalkon“AConsultationontheAnalysisofSecurityAnalysisMethodsP.218IV.AHearingonAnalysisofDFHM'sStockPricebeforeAcquisitionof15%ofitsEquity

TeachingObjectiveorProfessionalSkillto

Develop:Howtocommentonstatisticsintables.graphicsetc.TeachingStressesorKnowledgePointsto

Acquire:1.Ideasandtheirorganization:2.*****ProfessionalTerms&Expressions;3.*****CriticalSentencePatterns;Unit7SecuritiesInvestmentsVProcesses&KeyPointsforpresentingfiguresI.Readingthetable,graphicsorpicturetocomeupwiththe

generalimpressionofthetable/graphicsorthepicture;Apoorreader:allhe’sseenisfigures,lines,colorsorgraphics;Agoodreader:allhe’sseenthegeneralpictureorphenomenonpresentedorsuggestedbythefigures/colorsorgraphicsII.Interpretingorgivingyouraccountofreasonsorcauses

forthephenomenonsuggestedbyfigures,colorsorgraphics.Takeintoaccountbothsidesofthethings;III.Predictingthetendency/trendbasedontheknowledgeaboutthetable,pictureorgraphicsProcesses&KeyPointsforprCase-studies:WritingontheTableaboutthechangeinpeople’sdiet.

Directions:Inthispart,youarerequiredtowriteonthetableinabout150wordsaboutthechangeinpeople’schangeindietaccordingtotasksrequiredasfollows:1.thechangeinpeople’sdiet;(beunbiased)2.possiblecausesforthechangeinthediet;(personalbutacceptable)3.yourpredictionaboutthetendencyofthepeople’sdiet.(acceptable)Youshouldquoteasfewfiguresaspossible.

Year19861987198819891990foodGrain49%47%46.5%45%45%Milk10%11%11%12%13%Meat17%20%22.5%23%21%Fruit&Vegetables24%22%20%20%21%Total100%100%100%100%100%Case-studies:WritingontheSampleWriting:

apooroneDietisthemostimportantthingsinmostpeople’slifeaccordinginMarx.Somanypeoplepaidbigattentionforit.Inpastfiveyears,thereisahugechangesinpeople’salldiets.Grainin1986was49%,itbecame45%,fouryearslater.Milkwas10%in1986,and11%,11%,12%and13%in1987,1988,1989,and1990respectively;Meatis17%inthefirstplaceand21%atlastin21%;Asforfruitsandvegetables,theytakeup24%,22%,22%,22%,20%and21%from1986to1990.Whyithavesomuchchanges;itwasverysimplethatpeople’slifeismuchbetter.Theyhavemoremoneytobuygoodfood.Ofcourse,It’srelatedtoourgovernment’sopen-doorpolicies.Thetableshowedthegreatchangehavetakedplaceinpeople’sdiets,sowemustworkhardtomakeourlifebetter.SampleWriting:apooroneSamplewriting:Anidealone

Pastfiveyearshaveseenevidentchangesinpeople’sdiet.Theirtraditionallyleadingfoodfromplantssuchasgrainsvegetablesandfruitsarelosingpositiontofoodfromanimalssuchasmilkandmeatingeneral.Suchinterestingchangesindicatethattherehavebeenimprovementsinbothpeople’slivingstandardandtheirconceptabouttheirdiet.First,foodfromanimalsarenotonlynourishingbutalsomoreexpensivethanfoodfromplants,Thisphenomenonsuggestsageneralgrowthintheirincome.Second,althoughfoodfromanimalsismorenourishing,itisnotthemorethebetter,meatcontainsfatwhilevitamin-containingfruitsandvegetableshelppeople’sdigestionafterall.Thisaccountsforthedecreaseinmeatandincreaseinfruitsandvegetablesin1990.Judgingfromthetable,Ibelievethatpeople’sdietwillcontinuechanging,butthetendencywillbethattheirfoodwillbemorenourishingandthedietstructurewillbeincreasinglyreasonable.(153words)Samplewriting:AnidealoCase-studies:TheGrowthinChina’sAutoSale1).StateChina’ssalesofautosintheperiod;2).Giveyourpossiblereasonsforthesales;3).PredicttheprospectiveautosalesinChinaforthetimetocome;

Case-studies:TheGrowthinChTheGrowthinChina’sAutoSalesin2003ComparedwithChina’sautosalesin2002,herautosalestakeonaboostin2003despiteofafewmonths’levelingoff.Notonlydoesthesalesinthebeginningof2003doublesthesalesinthesametimeof2002,thegrowingtendencyinthelastquarterbecomesskyrocketingTheradicalgrowthinChina’sautosalescanbeattributedtoboth

improvementofoveralleconomicconditionandmorefiercecompetitioninthenation’sautomarket.Itiswell-knownthatin2003,ChinapercapitaGDPexceeded$1000.,insomecities,itexceeds$3,000.Asaresult,manyfamiliescouldaffordcars.AnotherdominantintheincreaseistheintensifiedcompetitioninChina’sautomarket.Currently,allworldautogiantcompaniessuchasGM,andToyotahaveestablishedfacilitiesinChina.Suchcompetitionleadstoreductioninpriceandenhancementinqualityautos,whichfacilitatescars’goingintoordinaryChinesehomes.WithChina’ssteadyeconomicgrowthandcompetitionintensifiedinthenation’sautoindustry,theautosalesshallremainincreasingvigorouslythoughmaynotbesoradicalonthewhole.(163words)TheGrowthinChina’sAutoSalTypicalprofessionalexpressions:I.TypicalprofessionalexpressionsforeachparagraphofthewholepieceA.Professionalexpressionsfortheopening(开头段)paragraph:1.Thefigures/graphics/inthegiventable/graphics/pictureonthewholeassume/takeonatendency/trendof..;B.Professionalexpressionsforthesecondparagraph:1.Suchaphenomenon/boost/boom/growth/slump/collapse/decline

canbeattributedtocausesasfollows:2.Tome,thefollowingfactorsmayaccountfor/beresponsibleforsuchaboost/boom/growth/slump/collapse/decline;C.Professionalexpressionsfortheendingparagraph:

1.Althoughtherecouldbecertainchange,suchachange/growth/declinewillremainbutitwillbeamatterofdegree.2.Aslongas….Thetendencywillremain.TypicalprofessionalexpressioIIProfessionalexpressionsdescribingvariousphenomenon1.略微增长/下降：amodest/slightgrowth/rise/increase;/decrease/decline;therehasbeenamodest/slightgrowth/increase/decrease/decline/2..急剧增长、暴涨、飙升：boost/boom/besky-rocketing/besoaring/goingupradically;3.急剧下降、暴跌、下挫，狂跌“slump/collapse/drop/decline/godownrapidly/godownradically;godowndesperately4.复苏:recover5.反弹：bounceback6.

止涨、止跌:leveloff7.达到顶点/峰值:toreachthesummit8呈现出一种强势增长的势头takeon/assumearobustmomentumofgrowth.IIProfessionalexpressionsdeProfessionalTerms&Expressions*****monetaryandfiscalpoliciesn.货币与财政政策Demographicsn.人口学Aggregatea.总的******--------economyn.1.经济体transitionaleconomies/mature/coastaleconomies2.经济性fueleconomy3.效益economiesofscale*****-------taxcreditn.投资税负的减免Unemploymentinsurancen.失业保险******---------businessenvironmentn.商业/经营环境******multipliereffectn.乘数效应******earthworkn.土方工程v.sstonework石方工程******-------restrictivemonetarypolicyn.限制性的货币政策=tight-moneypolicyv.sliberalmoneypolicyn.宽松的货币政策*****----------workingcapitaln.营运资本，流动资金*****-----------tofinancehomemortgagen.对房屋按揭提供融资ProfessionalTerms&ExpressioProfessionalTerms&Expressions*****-------consumerdurablesn.消费者耐用品*****----------（electrichousehold）appliancesn.家用电器*****-exchangeraten.汇率*****--------macroscopica.宏观的v.smicroscopic微观的*****------------portfolion.=mix组合investment/asset/productportfolio投资/资产/产品组合Beover-weightedinsth.在sth中予以了过多的权重Beunder-weightedinsth在sth中予以了过低的权重*****----benchmarkn.标杆*****------------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。Oncethisrecord-breakingperformanceservesasthebenchmarkagainstwhichpeers’performanceshallbemeasured,turnoverisboundtooccur.*****-----allocationn.v.sdistribution*****recessionn.萧条*****------scenarion.设