Financial Market Investment and Financing Analysis

Author: Li Min / Country:
Publisher:
Publish Date: 2006-07-01
Features: This book is suitable as a textbook for the courses of Financial Markets and Securities Investment Analysis in the field of finance. The book is divided into nine chapters, exploring the connection between investment and financing mechanisms and markets. It explains how funds, guided by yield rates, flow among various markets until equilibrium is reached and how efficient resource allocation is achieved. Building on an understanding of traditional asset pricing theories, it demonstrates how to combine fundamental and technical analysis to enrich practical securities investment and financing activities. Based on the laws of market movement trends, it compares the economic growth rates of different countries and the opportunities brought by currency appreciation and depreciation, selecting markets in the global market that can generate excess returns for investment and financing activities. The book introduces the characteristics and advantages of mutual funds and hedge funds active in the financial market, analyzes the investment strategies of individual and institutional investors, broadens the perspective of investors on rational investment or speculation, and selects strategies for securities substitution or portfolio investment using scientific methods. This book is not only suitable for students and teachers of finance, business administration, and related majors but also for investors active in the financial market.