its controlling stake in Korea Exchange Bank,paving the way for a divestment that could value the country's sixth-largest bank at more than $6bn. Second listening:listen for specific information In this part the teacher has great freedom and flexibility to ask students questions,to clarify any difficult language points,to add in supplementary materials as background knowledge or in-depth understanding of the listening materials. Notice the following expressions. the share merger reform,spark a smart rally on,bourse,pilot project,tuck...into, coveted,niche market,insider trading,hit,divestment,pave the way for Ask students to do multiple matching exercise and blanks filling exercise.Compare answers.Explain the keys. Third listening:sentences imitation Ask students to use the following active vocabularies to form sentences as what they have heard from listening(Dictate then remember). 1.the share merger reform--The authorities in China announced yesterday that the share merger reform would be extended to the whole market,sparking a smart rally on the Shanghai and Shenzhen bourses. 2.spark a smart rally on--The authorities in China announced yesterday that the share merger reform would be extended to the whole market,sparking a smart rally on the Shanghai and Shenzhen bourses. 3.bourse--The authorities in China announced yesterday that the share merger reform would be extended to the whole market,sparking a smart rally on the Shanghai and Shenzhen bourses. 4.pilot project--Five State departments announced guidelines pushing the reform process ahead since the pilot projects on share mergers had proved successful and were well received by the markets. 5.tuck...into--For those who fancy tucking a few million dollars into a select hedge fund,classified ads in newspapers will not do. 6.coveted--HedgeBay is a website where serious investors take part in an online auction,finding and selling rare and coveted hedge funds that are closed to new Investors. 7.niche market--It began as a niche market in 1999,but its volume tripled in 2003 and now grows at an annualized rate of 20%. 8.insider trading--Singapore's central bank has imposed a $4.8m civil penalty on the Beijing-controlled parent of China Aviation Oil for insider trading during the city state's worst financial scandal in a decade. 9.hit--It has reported sharply lower net profit in the first half of this year as competition hit sales in its key product lines. 10.divestment-Long Star,the US private equity group,is believed to have appointedits controlling stake in Korea Exchange Bank, paving the way for a divestment that could value the country’s sixth-largest bank at more than $6bn. Second listening: listen for specific information In this part the teacher has great freedom and flexibility to ask students questions, to clarify any difficult language points, to add in supplementary materials as background knowledge or in-depth understanding of the listening materials. ‹ Notice the following expressions. the share merger reform，spark a smart rally on，bourse，pilot project, tuck … into, coveted, niche market, insider trading, hit, divestment, pave the way for Ask students to do multiple matching exercise and blanks filling exercise. Compare answers. Explain the keys. Third listening: sentences imitation Ask students to use the following active vocabularies to form sentences as what they have heard from listening (Dictate then remember). 1. the share merger reform -- The authorities in China announced yesterday that the share merger reform would be extended to the whole market, sparking a smart rally on the Shanghai and Shenzhen bourses. 2. spark a smart rally on -- The authorities in China announced yesterday that the share merger reform would be extended to the whole market, sparking a smart rally on the Shanghai and Shenzhen bourses. 3. bourse-- The authorities in China announced yesterday that the share merger reform would be extended to the whole market, sparking a smart rally on the Shanghai and Shenzhen bourses. 4. pilot project -- Five State departments announced guidelines pushing the reform process ahead since the pilot projects on share mergers had proved successful and were well received by the markets. 5. tuck … into -- For those who fancy tucking a few million dollars into a select hedge fund, classified ads in newspapers will not do. 6. coveted -- HedgeBay is a website where serious investors take part in an online auction, finding and selling rare and coveted hedge funds that are closed to new investors. 7. niche market -- It began as a niche market in 1999, but its volume tripled in 2003 and now grows at an annualized rate of 20%. 8. insider trading -- Singapore’s central bank has imposed a $4.8m civil penalty on the Beijing-controlled parent of China Aviation Oil for insider trading during the city state’s worst financial scandal in a decade. 9. hit -- It has reported sharply lower net profit in the first half of this year as competition hit sales in its key product lines. 10. divestment –Long Star, the US private equity group, is believed to have appointed