金融專業(yè)英語sbe7securities課件

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(開頭段)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.略微增長(zhǎng)/下降：amodest/slightgrowth/rise/increase;/decrease/decline;therehasbeenamodest/slightgrowth/increase/decrease/decline/2..急劇增長(zhǎng)、暴漲、飆升：boost/boom/besky-rocketing/besoaring/goingupradically;3.急劇下降、暴跌、下挫，狂跌“slump/collapse/drop/decline/godownrapidly/godownradically;godowndesperately4.復(fù)蘇:recover5.反彈：bounceback6.

止?jié)q、止跌:leveloff7.達(dá)到頂點(diǎn)/峰值:toreachthesummit8呈現(xiàn)出一種強(qiáng)勢(shì)增長(zhǎng)的勢(shì)頭takeon/assumearobustmomentumofgrowth.IIProfessionalexpressionsdeProfessionalTerms&Expressions*****monetaryandfiscalpoliciesn.貨幣與財(cái)政政策Demographicsn.人口學(xué)Aggregatea.總的******--------economyn.1.經(jīng)濟(jì)體transitionaleconomies/mature/coastaleconomies2.經(jīng)濟(jì)性fueleconomy3.效益economiesofscale*****-------taxcreditn.投資稅負(fù)的減免Unemploymentinsurancen.失業(yè)保險(xiǎn)******---------businessenvironmentn.商業(yè)/經(jīng)營(yíng)環(huán)境******multipliereffectn.乘數(shù)效應(yīng)******earthworkn.土方工程v.sstonework石方工程******-------restrictivemonetarypolicyn.限制性的貨幣政策=tight-moneypolicyv.sliberalmoneypolicyn.寬松的貨幣政策*****----------workingcapitaln.營(yíng)運(yùn)資本，流動(dòng)資金*****-----------tofinancehomemortgagen.對(duì)房屋按揭提供融資ProfessionalTerms&ExpressioProfessionalTerms&Expressions*****-------consumerdurablesn.消費(fèi)者耐用品*****----------（electrichousehold）appliancesn.家用電器*****-exchangeraten.匯率*****--------macroscopica.宏觀的v.smicroscopic微觀的*****------------portfolion.=mix組合investment/asset/productportfolio投資/資產(chǎn)/產(chǎn)品組合Beover-weightedinsth.在sth中予以了過多的權(quán)重Beunder-weightedinsth在sth中予以了過低的權(quán)重*****----benchmarkn.標(biāo)桿*****------------一旦這一破紀(jì)錄的成績(jī)作為衡量同事業(yè)績(jī)的標(biāo)桿，它必然導(dǎo)致人們跳槽離開公司。Oncethisrecord-breakingperformanceservesasthebenchmarkagainstwhichpeers’performanceshallbemeasured,turnoverisboundtooccur.*****-----allocationn.v.sdistribution*****recessionn.蕭條*****------scenarion.設(shè)想的一種情況（Theworst-casescenariowouldbeforthebusinesstobesoldoff）最壞的一種情況可能就是企業(yè)被賣掉。ProfessionalTerms&ExpressioProfessionalTerms&Expressions*****--------P/E(Priceearning)ration.市盈率*****-------income-generatingsecuritiesn.創(chuàng)收的證券*****------interest-bearingperiodn.付息期*****T-Bill(TreasuryBill)n.美國(guó)聯(lián)邦短期債券*****--------outperformvt.比…表現(xiàn)更突出Factsprovethatthosetownshipbusinesseshavefaroutperformedmajoritystate-ownedbusinessesinChina’scoastaleconomies.*****----leveragen.vt.杠桿作用*****lifecyclen.生命周期*****----quotasn.指標(biāo)、配額*****-----capitalgoodsn資本品（實(shí)際是固定資產(chǎn)中的裝備和設(shè)備）Prospectn前景*****---------explosivegrowth.N.爆炸式、井噴式增長(zhǎng)很快，全球油價(jià)的飆升很快地終結(jié)了中國(guó)汽車業(yè)井噴式的增長(zhǎng)。*****-----overpricevt.定價(jià)過高*****------------------spreadn.價(jià)差、息差ProfessionalTerms&ExpressioPrioritySentencePatterns

1*****----------bein/outofproportiontosth.與sth成/不成比例很多的股民發(fā)現(xiàn)，他們的紅利與他們出自部車不成比例Manyshare-holdersfoundthattheirdividendswerenotinproportiontothecontributionoftheirinvestment.Bench-markn.2.*****--------------Given(在句首接句子)考慮到，…..

Giventheyhavesucceededindevelopingsubstitutefortheexpensivematerial,theywillhaveupperhandoverthecompetitioninprice.3.*****-----bepessimisticaboutsth.對(duì)sth持悲觀態(tài)度4.*****-------beoptimisticaboutsth.對(duì)sth持樂觀態(tài)度5.*****--------beanalternativetosth.是sth的替代6.*****---------asanalternativetosth.作為現(xiàn)金獎(jiǎng)金的替代，這些員工可以得到公司的股份。7.*****-----involvedoingsth.意味著做…(引進(jìn)該技術(shù)和創(chuàng)建合資企業(yè)意味著要將銷售凈利潤(rùn)的5%作為技術(shù)使用費(fèi)交給合資企業(yè)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(開頭段)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.略微增長(zhǎng)/下降：amodest/slightgrowth/rise/increase;/decrease/decline;therehasbeenamodest/slightgrowth/increase/decrease/decline/2..急劇增長(zhǎng)、暴漲、飆升：boost/boom/besky-rocketing/besoaring/goingupradically;3.急劇下降、暴跌、下挫，狂跌“slump/collapse/drop/decline/godownrapidly/godownradically;godowndesperately4.復(fù)蘇:recover5.反彈：bounceback6.

止?jié)q、止跌:leveloff7.達(dá)到頂點(diǎn)/峰值:toreachthesummit8呈現(xiàn)出一種強(qiáng)勢(shì)增長(zhǎng)的勢(shì)頭takeon/assumearobustmomentumofgrowth.IIProfessionalexpressionsdeProfessionalTerms&Expressions*****monetaryandfiscalpoliciesn.貨幣與財(cái)政政策Demographicsn.人口學(xué)Aggregatea.總的******--------economyn.1.經(jīng)濟(jì)體transitionaleconomies/mature/coastaleconomies2.經(jīng)濟(jì)性fueleconomy3.效益economiesofscale*****-------taxcreditn.投資稅負(fù)的減免Unemploymentinsurancen.失業(yè)保險(xiǎn)******---------businessenvironmentn.商業(yè)/經(jīng)營(yíng)環(huán)境******multipliereffectn.乘數(shù)效應(yīng)******earthworkn.土方工程v.sstonework石方工程******-------restrictivemonetarypolicyn.限制性的貨幣政策=tight-moneypolicyv.sliberalmoneypolicyn.寬松的貨幣政策*****----------workingcapitaln.營(yíng)運(yùn)資本，流動(dòng)資金*****-----------tofinancehomemortgagen.對(duì)房屋按揭提供融資ProfessionalTerms&ExpressioProfessionalTerms&Expressions*****-------consumerdurablesn.消費(fèi)者耐用品*****----------（electrichousehold）appliancesn.家用電器*****-exchangeraten.匯率*****--------macroscopica.宏觀的v.smicroscopic微觀的*****------------portfolion.=mix組合investment/asset/productportfolio投資/資產(chǎn)/產(chǎn)品組合Beover-weightedinsth.在sth中予以了過多的權(quán)重Beunder-weightedinsth在sth中予以了過低的權(quán)重*****----benchmarkn.標(biāo)桿*****------------一旦這一破紀(jì)錄的成績(jī)作為衡量同事業(yè)績(jī)的標(biāo)桿，它必然導(dǎo)致人們跳槽離開公司。Oncethisrecord-breakingperformanceservesasthebenchmarkagainstwhichpeers’performanceshallbemeasured,turnoverisboundtooccur.*****-----allocationn.v.sdistribution*****recessionn.蕭條*****------scenarion.設(shè)