unit 4（课件）- 《新商务英语听说教程4》同步教学（清华大学）

A: Lead-in 2 Learning Objectives 1 D: After-class Activities 5 B: Listening Focus 3 4 C: Work Step by Step 1 Learning Objectives to take notes effectively in listening practice;  to be familiar with the most often used words and phrases in a stock market; to get some information about the principles of buying and selling stocks; to know how to express your opinion on stock exchanging. In this unit, you will learn A: Lead-in 2 Icebreaker Reading Aloud Icebreaker What is a board of directors? What do you know about shareholders’ meeting? Look at the pictures below and answer the questions. Icebreaker What do you know about the stock market? What functions does a stock exchange have? Reading Aloud What is a stock market? How many types of market participants are there in the stock market? And what are they? According to the transactional form, there are two types of stock exchange. Can you list their different functions? Reading Aloud Questions: A stock market or equity market is the aggregation of buyers and sellers of stocks (shares). The stocks are listed and traded on stock exchanges. The largest stock market in the United States is the New York Stock Exchange. Major European examples of stock exchanges include the Amsterdam Stock Exchange, London Stock Exchange and the Frankfurt Stock Exchange. Asian examples include the Singapore Exchange, the Hong Kong Stock Exchange and the Shanghai Stock Exchange. Market participants include individual retail investors, institutional investors such as mutual funds, banks, insurance companies and hedge funds, and also publicly traded corporations trading in their own shares. Some studies have suggested that institutional investors and corporations trading in their own shares generally receive higher risk-adjusted returns than retail investors. Some exchanges are physical locations where transactions are carried out on a trading floor, by a method known as open outcry. This type of auction i