Security Investment Science

Author: Zhang Mou
Publisher:
Publish Date: 2006-09-01
Features: The theory and practice of securities investment have made remarkable progress in recent years. This textbook elaborates on the principles, methods, and practice of securities investment from six aspects: investment tools, securities valuation, modern investment theory, securities investment analysis, securities portfolio management, and performance evaluation of securities investment funds. In addition to striving to reflect the latest knowledge in the organizational structure, this book adopts the writing style of internationally popular textbooks, summarizing the basic content of the discipline through learning objectives and key concept indexes. It includes many rich columns introducing the background of securities and specific operational methods, making it more vivid and practical. This book is suitable for practical undergraduate, vocational and technical college, and adult education textbooks in finance and securities investment majors, as well as an appropriate basic securities textbook for securities investment practitioners. A companion book with up to 1,500 exercises is (about to be launched) to help master and consolidate knowledge in this discipline.
The theory and practice of securities investment have made remarkable progress in recent years. This textbook elaborates on the principles, methods, and practice of securities investment from six aspects. The first part is an introduction, describing the discipline of securities investment. The second part discusses specific investment tools, in addition to stocks, bonds, and securities investment funds that have flourished in China's securities market in recent years, as well as financial derivatives being developed, such as warrants. It also introduces financial futures, options, and index futures that the Shanghai and Shenzhen Stock Exchanges are preparing to launch. The third part covers securities valuation, introducing several popular valuation methods and models to help investors establish the concepts of dynamic valuation and rational investment. This content is also a part of the innovative structure of the book. The fourth part discusses modern investment theory, mainly including securities investment portfolio theory and the capital asset pricing model, thereby establishing a method to effectively apply modern investment theory to guide practice based on the evaluation of returns and risks. The fifth part is securities investment analysis, involving fundamental and technical analysis. Although these analytical methods belong to traditional securities investment analysis techniques, they still hold positive significance for investors to grasp investment opportunities from a macro perspective, industry-specific aspects, or even individual investment products. The sixth part covers securities portfolio management and the performance evaluation of securities investment funds.
In addition to striving to reflect the latest knowledge in the organizational structure, this book adopts the writing style of internationally popular textbooks, summarizing the basic content of the discipline through learning objectives and key concept indexes. It includes many rich columns introducing the background of securities and specific operational methods, making it more vivid and practical. This book is suitable for practical undergraduate, vocational and technical college, and adult education textbooks in finance and securities investment majors, as well as an appropriate basic securities textbook for securities investment practitioners. A companion book with up to 1,500 exercises is (about to be launched) to help master and consolidate knowledge in this discipline.