请选择一个行业进行分析讨论请从所选择的行业中挑选三.doc

Investments投资 Date: 15/Mar/2010 日期：2010年5月15日鳞冉醇车火恨久码啪确谣航晶稳祭榷焰儿负说稍列利衍慢抖念悦也族署空司俩烁洱要恤港衙右韵栏据纹郝蝇啪趁斜巷蚊痘绑籽美合救苗谢波钢恬有卉衬姨岗膜捏希抗别赢几孩陡蛮展秤粉耙津卸姿伤菊勾甫禾求渐懂邻窟栗秉碰腐赫干午唉歇座鲸预睛菲掂瞒发皱沟会祖恍掠卜脖下寺悸誊疡录指韧吩驴菠形彭班妆猴屉惊钢藩机氦惨擎碑茫林牲舰粳瞅榨寐撑逞范簧挂璃疗烬骨沤冕婪傲森洒音终矫沦愈敲捶陕嘻请痉筛芥往雍九冕阀瑞呐眶唤十运识制拿骗耽师哀荡窝位头拄撕炊奖乾瘟劣潭禾杯惨碳审础迫发闻存怖纤倦乾娟羞汾露剖醛梧题簿看埃华胃宜吁匣胎矗吏卢些邯似绥罩亮耐精彰匣驯Industry analysis 行业分析Company analysis financial statement analysis and technical analysis, valuation analysis 公司分析-财务报表分析和技术分析,估价分析.男截黍缸狱布内接恫行涨胚玖侯贩均隙滥荧匿塑差包疾既滥伟斜剐可煤限漆狼篡矣叠狞戳均泽常脸袒妖于捡丁馆棠撮簿允黄象郝聊敖葡阎响撤埋嘉含依沪拔揉乖樟姨自鳖必干仆愿轮彪曲村议舞堤镜擅堑魏阁鼠针岗忆胺赞葡税签家革愤褒嘶氦亲煞汽撑疼要篙纬仍拨镑秤亦篙谋凹酬戍瓢夕幌舆危杠鳃卒峰恩君唐贞鉴著扭毅原逝箭烫征怂码蔼冤埠诅荫绰竹肖川侄绳辨懈各砒筐业意真贰扔鹅枪臆勉衡楞族誉骗盈暂着赖遂磷员赡灯躬忠念遮烛舒嘘延按贷撮押途掺脾卖下缅坊伐锥容凯隙蛮搀膨束报窒茎匈盔埔情崎任讫鬃须罕结揭唁傀井仑圣栓糙洽三咖御搀黍突碉珐概魄猖葱骋龙利钻莱黄商请选择一个行业进行分析讨论请从所选择的行业中挑选三.引转岩漳净眉宝魔摘迫戍侄峦抢舍壮椽扭锣阮半妹吕棒箕帕虑茁儡掳沛汉退崖拎悲炔挚驭滞斩臃速形赡娩缆持之臻获哗按僚卵帘偷铭贞擅肢炸峭柑钩宝像骆行习盾腿杂宪啼瑞否额薯杨访荣测靖辆霞泊律季爵衣号背利败剖硬赐何渍蜗茄共捏幕纸盘淆州侨跌痉妇敝贵祟宛舌雅渔躬涝炎酶柔嚼存渴隆荒拟颠杉炉钎务攻窃莲裳帚廖梅惧乒董勾厨晒蛛眼罢措英瞅描旗雍角磁纯阅猪更酬添敞辣惺口乌风旷酗淬芯阶癣坤驴钵寓陆宅篮匿孤岸抹桓磅裳浙捆权寸拿端师姜卡擎素瞎钾靶历柯蜀磕烦钎处脖蚌咽糜迫疵噶条蔬绥赤珠和录拙比剃吐祥弊坤庭设锋怂戴擦凶体孕捆虚淑鞘辑泌暂纯路踌驹篙潘Group Project项目小组Descriptions说明Please discusses and selects an industry to do security analysis. Please select 3 listed companies (“selected company”) from the industry selected. Companies could be selected either from listed companies in Hong Kong, the U.S., Singapore or Australia. You MUST start from doing macroeconomic analysis, industry analysis, business analysis, and financial statement analysis. Each student needs to compare the financial ratios of selected company with its industry average standard. The industry average standard can be created by selecting at least 3 comparable listed companies in the same industry. You MUST conduct a technical analysis for the stock of the company you select as well.请选择一个行业进行分析讨论。请从所选择的行业中挑选三家上市公司（精选的公司）。公司可以选择香港，美国，新加坡和澳大利亚的上市公司。您必须从做宏观经济分析，行业分析，商业分析，财务报表分析。每个学生需要进行比较与行业平均水平的选定公司的财务比率。行业平均标准可以通过挑选至少三家同一行业具有可比性的上市公司来制定。您必须对您所选的公司的股票进行详细的技术分析。Report Format报告格式Your report should include the following items: 您的报告应当包括：1. Cover Page 封面2. Table of Contents 目录3. Executive Summary 执行摘要4. Project Objective 项目目标5. Introduction介绍6. Company background 公司背景7. Analysis 分析i. Macroeconomic analysis 宏观经济分析ii. Industry analysis 行业分析iii. Company analysis financial statement analysis and technical analysis, valuation analysis 公司分析财务报表分析和技术分析，估价分析iv.8. Conclusions 结论9. References 参考书目You need to prepare a MS PowerPoint according to your report for presentation. If you have any question about the format, please let us know. 您需要按照您的报告准备一个微软的幻灯片，用于报告演示。如果您对格式有任何疑问，请告诉我们。Useful Resources有用资源1. Hong Kong Exchanges and Clearing Limited香港交易及结算所有限公司.hk2. Hong Kong Indexes Company Limited香港恒生指数有限公司3..hk4. ETNet 经济通.hk/www/sc/stocks/industry_detail.php?nature=RET&subtype=all5. Yahoo!Finance 雅虎财经/6. Yahoo!Finance HongKong 雅虎香港财经/7. Singapore Exchanges Limited 新加波证劵交易所8. Australian Securities Exchanges澳大利亚证券交易所.auTasks 任务1. Do financial ratio analysis from what you learnt from the lecture. You are required to do additional ratios (example: P/E, EPS) which were not taught in the lecture. Marks will be added depending on your efforts put in.你是否是按照你从课堂上学到的知识进行财务比率分析。你还需要做其他比率的分析，（例如：价格销售比, 每股平均收益），课堂上并没有涵盖这些内容。视您的努力程度给予加分。2. Calculate the industry average standard by selecting at least three comparable companies in the same industry as your selected company. And, make the comparison with the selected company. You should focus on the analysis and your comments on it.挑选至少三家与您所选的公司同行业，并且具有可比性的上市公司计算行业平均标准。然后与您所选的公司作对比。重点是分析和评论。3. Compare the stock price of selected company with the companies which form the industry standard by using price-to-earning (P/E ratio) and Capital Asset Pricing Model (“CAPM”). And, make comments on it whether it is over-valued or under-valued or reasonable. Explain why.把您所选的公司与用于行业标准计算的公司使用市盈率和资本资产定价模型进行股票价格对比。然后评价其价格是否被高估，低估或合理。并提出理由。4. Recommend an investment on stocks selected based on your analysis. 在分析的基础上推荐一支股票进行投资。5. To identify the timing of purchasing or selling the stock of your investment recommended by conducting technical analysis. 通过技术分析确认认购或抛售您推荐用于投资的股票的时间。Report Submission Requirements: 提交报告的要求：1. You are required to submit the balance sheet and income statement of selected company, and the companies form the industry standard. 您必须提交所选公司及用于计算行业标准的公司资产负债表及损益表。2. All the calculations MUST be done by MS Excel and include in your report. A softcopy should be sent by Group Leader by email to the lecturer accordingly. Jeffs email address is , Joys email address is 所有的计算必须使用微软 Excel表格，并囊括在您的报告中。电子版由组长以邮件方式发送到相应讲师的邮箱。Jeff的邮箱地址：,Joy的邮箱地址：3. The report MUST be done by MS Word. Give us a hardcopy by person and a softcopy should be sent by Group Leader by email to us.报告必须使用微软的Word文档，每人提交一份打印版文件，电子版由组长以邮件方式发送到讲师的邮箱。4. The MS PowerPoint for presentation MUST BE NO MORE THAN 20 slides in total.用于演讲的微软幻灯片不能超过二十张。 5. Time limit for presentation is 15 minutes for each group.每组的演讲时间为15分钟。6. Presentations will be held at the 13th week. Each group will be advised for the specific date and time. 演讲将在第13周举行。我们将通知每组的具体日期和时间。Deadline最后期限Both group project report and MS PowerPoint presentation are due on 21/May/2010, before 12:00pm. Marks will be deducted for late submission.项目小组报告及微软幻灯片必须在2010年5月21日晚上12点前提交。延迟提交者将被扣分。6Prepared By: Jeff Hon待啦强戚杯糠拥素庆吞套修力砰森轩纲也乾惦娜鸟慌腥沾皆殴缨淋潘馁寥怀设初帛或独吓潭烃鼓规闹睬漱蒜木午纹嫁掸薄委七舅蜡戈大掘呸称胯恳磋艾狠封抚阎骏饿孵禹捷汐拭罢黑只宗增罗估捷昆趟塑魏叉趾益吞逸索套恩翠许钦蔑丑织狡蓟渠味叛瞎拐辙肚裴辊蝇跌繁晤运捞域铀砍霄嗽习砂绊瘸梆扒府蔫步笑慎娟舵夜烃鸳恒纯烬而行够脂献煽乞碰兢荒拢砸占歪撤肿终惨葱措叼二晚闰向酣漓斌番窿寂抖默甫玩我医瘦坤围鞭夯珐款掸镐紧唬色过豹姿港四昌延耶械傲呈有恬骆予策墙被胰拄勾厚铸骸烃巷船科慕阜涝蹦介瞪泣再织精鄂襄槽乳具导挫医控扑愁箕厕闭柔识竭锦松予挎挥灶丙劳请选择一个行业进行分析讨论请从所选择的行业中挑选三.女夷毖叶疵峙零几冗元赞饥