{"id":26932,"date":"2025-05-28T16:20:28","date_gmt":"2025-05-28T08:20:28","guid":{"rendered":"https:\/\/www.kafeizha.com\/?p=26932"},"modified":"2025-05-28T16:20:28","modified_gmt":"2025-05-28T08:20:28","slug":"%e3%80%90%e8%b4%9f%e9%9d%a2%e3%80%91bloomberg%e4%b8%ad%e5%9b%bd%e8%82%a1%e5%b8%82%ef%bc%9a%e6%8a%95%e8%b5%84%e8%80%85%e8%a7%82%e6%9c%9b%ef%bc%8c%e6%96%b9%e5%90%91%e4%b8%8d%e6%98%8e","status":"publish","type":"post","link":"https:\/\/news.tomjun.com\/?p=26932","title":{"rendered":"\u3010\u8d1f\u9762\u3011[bloomberg]\u4e2d\u56fd\u80a1\u5e02\uff1a\u6295\u8d44\u8005\u89c2\u671b\uff0c\u65b9\u5411\u4e0d\u660e"},"content":{"rendered":"<p>**\u4e2d\u56fd\u80a1\u5e02\u5728\u89c2\u671b\u4e2d\u5f98\u5f8a\uff0c\u6295\u8d44\u8005\u7f3a\u4e4f\u4fe1\u5fc3**<\/p>\n<p>\u8fd1\u671f\u5168\u7403\u5e02\u573a\u6ce2\u52a8\u52a0\u5267\uff0c\u4f46\u4e2d\u56fd\u80a1\u5e02\u5374\u51fa\u4eba\u610f\u6599\u5730\u4fdd\u6301\u5e73\u9759\u3002\u7531\u4e8e\u6295\u8d44\u8005\u5728\u5173\u7a0e\u653f\u7b56\u548c\u56fd\u5185\u523a\u6fc0\u63aa\u65bd\u660e\u6717\u4e4b\u524d\u9009\u62e9\u89c2\u671b\uff0c\u6caa\u6df1300\u6307\u6570\u8fd1\u4e00\u4e2a\u6708\u6765\uff0c\u4e00\u534a\u4ea4\u6613\u65e5\u7684\u6da8\u8dcc\u5e45\u5ea6\u90fd\u5c0f\u4e8e0.5%\u3002\u6210\u4ea4\u989d\u6301\u7eed\u4e0b\u6ed1\uff0c\u4ea4\u6613\u8005\u907f\u514d\u5efa\u7acb\u6760\u6746\u5934\u5bf8\u3002\u5728\u6574\u4f53\u80a1\u5e02\u7f3a\u4e4f\u660e\u786e\u65b9\u5411\u7684\u60c5\u51b5\u4e0b\uff0c\u6295\u8d44\u8005\u7eb7\u7eb7\u6d8c\u5411\u66f4\u4e3a\u5b89\u5168\u7684\u56fa\u5b9a\u6536\u76ca\u4ea7\u54c1\uff0c\u6216\u98ce\u9669\u8f83\u9ad8\u7684\u5c0f\u76d8\u80a1\uff0c\u4ee5\u5bfb\u6c42\u66f4\u9ad8\u7684\u56de\u62a5\u3002<\/p>\n<p>\u5b89\u672c\u6295\u8d44\u7684\u6295\u8d44\u603b\u76d1\u8868\u793a\uff1a\u201c\u7531\u4e8e\u7f3a\u4e4f\u5229\u597d\u6d88\u606f\uff0c\u4e14\u5728\u4e2d\u7f8e\u5173\u7a0e\u4f11\u6218\u540e\u4e5f\u6ca1\u6709\u91cd\u5927\u7684\u8d1f\u9762\u50ac\u5316\u5242\uff0c\u5e02\u573a\u65b9\u5411\u5e76\u4e0d\u660e\u6717\u3002\u76ee\u524d\u5f88\u96be\u628a\u63e1\u5e02\u573a\u7684\u6574\u4f53\u8d70\u5411\uff0c\u4f46\u4ecd\u7136\u5b58\u5728\u4e00\u4e9b\u7cbe\u9009\u4e2a\u80a1\u7684\u673a\u4f1a\u3002\u201d<\/p>\n<p>\u5c3d\u7ba1\u5e02\u573a\u7684\u7a33\u5b9a\u53ef\u80fd\u88ab\u89c6\u4e3a\u5177\u6709\u97e7\u6027\u7684\u8868\u73b0\uff0c\u4f46\u66f4\u53ef\u80fd\u53cd\u6620\u51fa\u968f\u7740\u7ecf\u6d4e\u9006\u98ce\u7684\u589e\u5f3a\uff0c\u6295\u8d44\u8005\u5bf9\u4e2d\u56fd\u80a1\u5e02\u7684\u70ed\u60c5\u6b63\u5728\u51cf\u9000\u3002\u4e00\u65e68\u6708\u4efd\u7684\u8c08\u5224\u7a97\u53e3\u671f\u7ed3\u675f\uff0c\u7f8e\u56fd\u5bf9\u4e2d\u56fd\u5546\u54c1\u7684\u5173\u7a0e\u53ef\u80fd\u4f1a\u518d\u6b21\u4e0a\u8c03\u3002\u4eca\u5e74\u4ee5\u6765\uff0c\u4e2d\u56fd\u653f\u5e9c\u91c7\u53d6\u4e86\u96f6\u6572\u788e\u6253\u5f0f\u7684\u523a\u6fc0\u63aa\u65bd\uff0c\u4ee4\u539f\u672c\u671f\u5f85\u66f4\u5f3a\u6709\u529b\u7ecf\u6d4e\u653f\u7b56\u652f\u6301\u7684\u6295\u8d44\u8005\u611f\u5230\u5931\u671b\u3002<\/p>\n<p>\u4ee5\u4e0b\u662f\u4e00\u4e9b\u663e\u793a\u4ea4\u6613\u60c5\u7eea\u964d\u6e29\u7684\u6307\u6807\uff1a\u4ef7\u683c\u6ce2\u52a8\u5df2\u964d\u81f3\u4e2d\u56fd\u4eba\u6c11\u94f6\u884c\u57289\u6708\u4efd\u901a\u8fc7\u523a\u6fc0\u63aa\u65bd\u91cd\u71c3\u5e02\u573a\u4fe1\u5fc3\u4e4b\u524d\u7684\u6c34\u5e73\u3002\u6caa\u6df1300\u6307\u6570\u768430\u5929\u6ce2\u52a8\u7387\u5f98\u5f8a\u57288\u4e2a\u70b9\u5de6\u53f3\uff0c\u4e3a2024\u5e747\u6708\u4ee5\u6765\u7684\u6700\u4f4e\u6c34\u5e73\u3002\u4ea4\u6613\u5458\u8868\u793a\uff0c\u8981\u6253\u7834\u8fd9\u79cd\u5e73\u9759\u5c40\u9762\uff0c\u4e2d\u56fd\u653f\u5e9c\u9700\u8981\u5b9e\u65bd\u66f4\u6df1\u5c42\u6b21\u7684\u7ed3\u6784\u6027\u6539\u9769\uff0c\u5e76\u5728\u8d38\u6613\u8c08\u5224\u4e2d\u53d6\u5f97\u7a81\u7834\u3002<\/p>\n<p> Janus Henderson Investors\u7684\u6295\u8d44\u7ec4\u5408\u7ecf\u7406\u8868\u793a\uff1a\u201c\u6211\u66f4\u5173\u6ce8\u6536\u5165\u589e\u957f\u548c\u5c31\u4e1a\uff0c\u6ca1\u6709\u8fd9\u4e24\u70b9\uff0c\u6d88\u8d39\u6545\u4e8b\u5c31\u65e0\u6cd5\u56de\u5f52\u201d\uff0c\u5e76\u8865\u5145\u8bf4\u523a\u6fc0\u63aa\u65bd\u7684\u5f71\u54cd\u6709\u9650\u3002\u201c\u8d38\u6613\u8c08\u5224\u7684\u89e3\u51b3\u5c06\u63a8\u52a8\u66f4\u79ef\u6781\u7684\u60c5\u7eea\uff0c\u4f46\u8fd9\u5c06\u662f\u77ed\u6682\u7684\uff0c\u5e76\u4e14\u65e0\u6cd5\u89e3\u51b3\u4e2d\u56fd\u9762\u4e34\u7684\u7ed3\u6784\u6027\u6311\u6218\u3002\u201d<\/p>\n<p>\u81ea4\u6708\u4efd\u4ee5\u6765\uff0c\u4e2d\u56fd\u80a1\u5e02\u7684\u6760\u6746\u5934\u5bf8\u4e00\u76f4\u505c\u6ede\u4e0d\u524d\u3002\u6caa\u6df1\u4e24\u5e02\u7684\u672a\u507f\u878d\u8d44\u878d\u5238\u4f59\u989d\u5f98\u5f8a\u57281.8\u4e07\u4ebf\u5143\u4eba\u6c11\u5e01\uff082500\u4ebf\u7f8e\u5143\uff09\u5de6\u53f3\uff0c\u8f833\u6708\u4efd\u7684\u9ad8\u70b9\u4e0b\u964d\u4e86\u8fd18%\u3002\u5c3d\u7ba1\u5728\u4e2d\u56fd\u548c\u7f8e\u56fd\u8fbe\u6210\u6682\u65f6\u5173\u7a0e\u4f11\u6218\u534f\u8bae\u540e\uff0c\u80a1\u7968\u57fa\u51c6\u6307\u6570\u6700\u521d\u51fa\u73b0\u53cd\u5f39\uff0c\u4f46\u968f\u540e\u7684\u4e0b\u8dcc\u5df2\u4f7f\u6caa\u6df1300\u6307\u6570\u672c\u6708\u6da8\u5e45\u964d\u81f32%\u4ee5\u4e0b\u3002<\/p>\n<p>\u4ea4\u6613\u6e05\u6de1\u7684\u90e8\u5206\u539f\u56e0\u662f\u6240\u8c13\u7684\u201c\u56fd\u5bb6\u961f\u201d\u57fa\u91d1\u57284\u6708\u4efd\u521b\u4e0b\u7eaa\u5f55\u540e\u6d3b\u52a8\u51cf\u5c11\u3002\u5f6d\u535a\u6c47\u7f16\u7684\u6570\u636e\u663e\u793a\uff0c\u81ea4\u6708\u5e95\u4ee5\u6765\uff0c\u8be5\u56e2\u961f\u57fa\u672c\u4e0a\u5904\u4e8e\u4f11\u7720\u72b6\u6001\uff0c\u6d41\u5165\u4e00\u7ec4\u53d7\u5176\u9752\u7750\u7684\u4ea4\u6613\u6240\u4ea4\u6613\u57fa\u91d1\uff08ETF\uff09\u7684\u8d44\u91d1\u5df2\u653e\u7f13\u81f3\u6d93\u6d93\u7ec6\u6d41\uff0c\u751a\u81f3\u8f6c\u4e3a\u6d41\u51fa\u3002\u4e0e\u6b64\u540c\u65f6\uff0c\u6d41\u5165\u4e2d\u56fd\u6240\u6709\u80a1\u7968\u578bETF\u7684\u603b\u8d44\u91d1\u5df2\u8fde\u7eed\u4e94\u5468\u4e3a\u8d1f\u3002<\/p>\n<p>\u5c3d\u7ba1\u5bf9\u80a1\u7968\u7684\u70ed\u60c5\u6709\u6240\u964d\u6e29\uff0c\u4f46\u56fa\u5b9a\u6536\u76caETF\u5df2\u53d8\u5f97\u8d8a\u6765\u8d8a\u53d7\u6b22\u8fce\u3002\u672c\u6708\uff0c30\u53ea\u6b64\u7c7b\u4ea7\u54c1\u7684\u603b\u6210\u4ea4\u989d\u521b\u4e0b900\u4ebf\u5143\u4eba\u6c11\u5e01\u7684\u7eaa\u5f55\uff0c\u5360\u4e0a\u6d77\u548c\u6df1\u5733\u6240\u6709\u4ea4\u6613\u989d\u76848.2%\uff0c\u521b\u5386\u53f2\u65b0\u9ad8\u3002\u4e0a\u4e00\u6b21\u8be5\u6bd4\u4f8b\u8fbe\u52308%\u662f\u57282024\u5e748\u6708\uff0c\u5f53\u65f6\u80a1\u5e02\u4ecd\u5904\u4e8e\u4f4e\u8ff7\u72b6\u6001\u3002\u5f6d\u535a\u6c47\u7f16\u7684\u6570\u636e\u663e\u793a\uff0c\u5728\u8fc7\u53bb\u4e24\u5468\uff0c\u8fd9\u4e9b\u98ce\u9669\u89c4\u907f\u578b\u4ea7\u54c1\u4e00\u76f4\u662f\u4e0a\u6d77\u548c\u6df1\u5733\u4ea4\u6613\u6700\u6d3b\u8dc3\u7684\u8bc1\u5238\u3002<\/p>\n<p>\u7f3a\u4e4f\u660e\u786e\u7684\u65b9\u5411\u5df2\u5c06\u4e00\u4e9b\u6295\u8d44\u8005\u63a8\u5411\u5e02\u573a\u4e2d\u98ce\u9669\u66f4\u9ad8\u7684\u89d2\u843d\u3002\u5468\u4e8c\uff0c\u5c0f\u76d8\u80a1\u4e2d\u8bc12000\u6307\u6570\u7684\u4ea4\u6613\u989d\u5360\u4e2d\u56fd\u5927\u9646\u603b\u6210\u4ea4\u989d\u7684\u4e09\u5206\u4e4b\u4e00\u4ee5\u4e0a\u3002\u622a\u81f3\u5468\u4e8c\uff0c\u4e2d\u8bc12000\u6307\u6570\u4eca\u5e74\u5df2\u4e0a\u6da8\u8fd19%\uff0c\u800c\u6caa\u6df1300\u6307\u6570\u5219\u4e0b\u8dcc\u4e862.4%\u3002\u5bf9\u6ce2\u52a8\u6027\u8f83\u9ad8\u7684\u5c0f\u76d8\u80a1\u5174\u8da3\u6fc0\u589e\uff0c\u8868\u660e\u80a1\u5e02\u7f3a\u4e4f\u53ef\u6301\u7eed\u8ffd\u9010\u7684\u4e3b\u9898\u3002 <\/p>\n<hr>\n<p><b>\u5206\u6790\u5927\u6a21\u578b\uff1a<\/b>gemma2<br \/><b>\u5f97\u5206\uff1a<\/b>-40<br \/><b>\u539f\u56e0\uff1a<\/b><\/p>\n<pre style=\"white-space: pre-wrap;font-size: inherit;\">\u6587\u7ae0\u867d\u7136\u5728\u63cf\u8ff0\u5e02\u573a\u73b0\u72b6\uff0c\u4f46\u6574\u4f53\u57fa\u8c03\u504f\u8d1f\u9762\uff0c\u5f3a\u8c03\u4e86\u6295\u8d44\u8005\u4fe1\u5fc3\u4e0d\u8db3\u3001\u7ecf\u6d4e\u523a\u6fc0\u6548\u679c\u4e0d\u4f73\u3001\u4ee5\u53ca\u5bf9\u8d38\u6613\u8c08\u5224\u524d\u666f\u7684\u62c5\u5fe7\u3002\u867d\u7136\u6ca1\u6709\u76f4\u63a5\u6279\u8bc4\uff0c\u4f46\u5b57\u91cc\u884c\u95f4\u900f\u9732\u51fa\u5bf9\u4e2d\u56fd\u7ecf\u6d4e\u524d\u666f\u7684\u9690\u5fe7\u3002<\/pre>\n<hr>\n<p><b>\u539f\u6587\u5730\u5740\uff1a<\/b><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-05-28\/chinese-stock-market-in-limbo-as-investors-lack-conviction\" target=\"_blank\">Chinese Stock Market in Limbo as Investors Lack Conviction<\/a><br \/> <b>\u65b0\u95fb\u65e5\u671f\uff1a<\/b>2025-05-28<\/p>\n<div style=\"margin: 20px 0;\"><div class=\"qrcswholewtapper\" style=\"text-align:left;\"><div class=\"qrcprowrapper\"  id=\"qrcwraa2leds\"><div class=\"qrc_canvass\" id=\"qrc_cuttenpages_2\" style=\"display:inline-block\" data-text=\"https:\/\/news.tomjun.com\/?p=26932\"><\/div><div><a download=\"\u3010\u8d1f\u9762\u3011[bloomberg]\u4e2d\u56fd\u80a1\u5e02\uff1a\u6295\u8d44\u8005\u89c2\u671b\uff0c\u65b9\u5411\u4e0d\u660e.png\" class=\"qrcdownloads\" id=\"worign\">\r\n           <button type=\"button\" style=\"min-width:200px;background:#44d813;color:#000;font-weight: 600;border: 1px solid #44d813;border-radius:20px;font-size:12px;padding: 6px 0;\" class=\"uqr_code_btn\">\u6587\u7ae0\u4e8c\u7ef4\u7801<\/button>\r\n           <\/a><\/div><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>**\u4e2d\u56fd\u80a1\u5e02\u5728\u89c2\u671b\u4e2d\u5f98\u5f8a\uff0c\u6295\u8d44\u8005\u7f3a\u4e4f\u4fe1\u5fc3** \u8fd1\u671f\u5168\u7403\u5e02\u573a\u6ce2\u52a8\u52a0\u5267\uff0c\u4f46\u4e2d\u56fd\u80a1\u5e02\u5374\u51fa\u4eba\u610f\u6599\u5730\u4fdd\u6301\u5e73\u9759\u3002\u7531\u4e8e\u6295\u8d44\u8005 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[79],"tags":[2495,17611,2650,2531,812],"class_list":["post-26932","post","type-post","status-publish","format-standard","hentry","category-79","tag-2495","tag-etf","tag-2650","tag-2531","tag-812"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/news.tomjun.com\/index.php?rest_route=\/wp\/v2\/posts\/26932","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news.tomjun.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.tomjun.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.tomjun.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news.tomjun.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=26932"}],"version-history":[{"count":1,"href":"https:\/\/news.tomjun.com\/index.php?rest_route=\/wp\/v2\/posts\/26932\/revisions"}],"predecessor-version":[{"id":26933,"href":"https:\/\/news.tomjun.com\/index.php?rest_route=\/wp\/v2\/posts\/26932\/revisions\/26933"}],"wp:attachment":[{"href":"https:\/\/news.tomjun.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26932"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.tomjun.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26932"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.tomjun.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26932"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}