Orient Securities(SH:600958) Jin Rong Jie·2025-12-30 08:05Core Insights - The event marked the 41st Teacher's Day in China, where Huang Yanming, the director of Dongfang Securities Research Institute, delivered a lecture on "Why Stock Prices Rise and Fall" to over 110 students from various universities [1][3] - The course is part of a collaboration between Dongfang Securities and Shanghai University of Finance and Economics, aimed at promoting financial education and wealth management talent development [1][8] Summary by Sections - Course Importance: The course is a key component of the wealth management curriculum in universities, coinciding with the launch of the 2025 "Financial Education Promotion Week," aimed at enhancing financial literacy among students [3] - Investment Philosophy: Huang emphasized that the essence of stock price fluctuations lies in changes in market expectations, advocating for a forward-looking approach to investment rather than merely analyzing historical data [3][5] - Core Thinking Framework: The lecture introduced core frameworks of securities research, including expectation thinking, trading thinking, and marginal thinking, highlighting the direct relationship between stock price changes and expectation shifts [5] - Practical Application: The course not only enriched students' professional knowledge but also systematically developed their financial thinking and risk assessment skills, laying a solid foundation for future careers in wealth management [5][8] - Industry Collaboration: Dongfang Securities actively integrates rational investment concepts into university curricula, promoting a new model of financial education through deep collaboration between academia and industry [8]