{"id":27890,"date":"2025-06-05T16:22:51","date_gmt":"2025-06-05T08:22:51","guid":{"rendered":"https:\/\/www.kafeizha.com\/?p=27890"},"modified":"2025-06-05T16:22:51","modified_gmt":"2025-06-05T08:22:51","slug":"%e3%80%90%e8%b4%9f%e9%9d%a2%e3%80%91bloomberg%e6%96%b0%e4%b8%96%e7%95%8c%e9%99%b7%e5%80%ba%e5%8a%a1%e5%8d%b1%e6%9c%ba","status":"publish","type":"post","link":"https:\/\/news.tomjun.com\/?p=27890","title":{"rendered":"\u3010\u8d1f\u9762\u3011[bloomberg]\u65b0\u4e16\u754c\u9677\u503a\u52a1\u5371\u673a"},"content":{"rendered":"<p>**\u65b0\u4e16\u754c\u503a\u52a1\u5371\u673a\u5f15\u53d1\u9999\u6e2f\u94f6\u884c\u754c\u62c5\u5fe7**<\/p>\n<p>\u9999\u6e2f\u94f6\u884c\u5bb6\u4eec\u6b63\u9ad8\u5ea6\u7d27\u5f20\u5730\u5173\u6ce8\u7740\u9999\u6e2f\u9876\u7ea7\u623f\u5730\u4ea7\u5f00\u53d1\u5546\u4e4b\u4e00\u7684\u65b0\u4e16\u754c\u53d1\u5c55\u6709\u9650\u516c\u53f8\uff0c\u8be5\u516c\u53f8\u6b63\u8bd5\u56fe\u5728\u672c\u6708\u5e95\u524d\u5b8c\u6210\u4e00\u9879\u9ad8\u8fbe875\u4ebf\u6e2f\u5143\uff08\u7ea6\u5408112\u4ebf\u7f8e\u5143\uff09\u7684\u518d\u878d\u8d44\u4ea4\u6613\u3002<\/p>\n<p>\u65b0\u4e16\u754c\u53d1\u5c55\u66fe\u662f\u9999\u6e2f\u8d44\u91d1\u6700\u96c4\u539a\u7684\u623f\u5730\u4ea7\u5de8\u5934\u4e4b\u4e00\uff0c\u4f46\u8fd1\u4e24\u5e74\u6765\u9762\u4e34\u7740\u8d8a\u6765\u8d8a\u5927\u7684\u6d41\u52a8\u6027\u538b\u529b\u3002\u5f6d\u535a\u60c5\u62a5\u7684\u6570\u636e\u663e\u793a\uff0c\u622a\u81f32024\u5e74\u5e95\uff0c\u5176\u51c0\u503a\u52a1\u5df2\u8fbe\u5230\u80a1\u4e1c\u6743\u76ca\u768496%\uff0c\u662f\u9999\u6e2f\u6760\u6746\u7387\u6700\u9ad8\u7684\u5f00\u53d1\u5546\u4e4b\u4e00\u3002<\/p>\n<p>\u8be5\u516c\u53f8\u57282024\u8d22\u5e74\u62a5\u544a\u4e86\u4e8c\u5341\u5e74\u6765\u7684\u9996\u6b21\u4e8f\u635f\u540e\uff0c\u6295\u8d44\u8005\u5bf9\u5176\u7ba1\u7406\u503a\u52a1\u8d1f\u62c5\u7684\u80fd\u529b\u8d8a\u6765\u8d8a\u6000\u7591\u3002\u65b0\u4e16\u754c\u9009\u62e9\u63a8\u8fdf\u90e8\u5206\u6c38\u7eed\u503a\u5238\u7684\u507f\u4ed8\uff0c\u8fdb\u4e00\u6b65\u524a\u5f31\u4e86\u5e02\u573a\u4fe1\u5fc3\u3002\u622a\u81f36\u6708\u521d\uff0c\u8be5\u516c\u53f8\u80a1\u4ef7\u5df2\u4ece2019\u5e74\u7684\u5cf0\u503c\u4e0b\u8dcc\u8d85\u8fc790%\u3002<\/p>\n<p>\u5982\u679c\u65b0\u4e16\u754c\u65e0\u6cd5\u83b7\u5f97\u8fd9\u7b14\u6570\u5341\u4ebf\u7f8e\u5143\u7684\u8d37\u6b3e\uff0c\u5176\u73b0\u91d1\u7d27\u7f29\u7684\u5f71\u54cd\u53ef\u80fd\u4f1a\u6ce2\u53ca\u9999\u6e2f\u672c\u5df2\u75b2\u8f6f\u7684\u623f\u5730\u4ea7\u5e02\u573a\uff0c\u8be5\u5e02\u573a\u5df2\u7ecf\u6301\u7eed\u4f4e\u8ff7\u4e86\u51e0\u5e74\u3002\u65b0\u4e16\u754c\u7531\u90d1\u88d5\u5f64\u4e8e1970\u5e74\u521b\u7acb\uff0c\u90d1\u88d5\u5f64\u662f\u6765\u81ea\u4e2d\u56fd\u5e7f\u4e1c\u7701\u7684\u4e00\u540d\u524d\u91d1\u5e97\u5b66\u5f92\u3002\u65b0\u4e16\u754c\u662f\u9999\u6e2f\u201c\u56db\u5927\u201d\u623f\u5730\u4ea7\u5f00\u53d1\u5546\u4e4b\u4e00\u3002\u8fd9\u5bb6\u5bb6\u65cf\u4f01\u4e1a\u5728\u9999\u6e2f\u5404\u5730\u5efa\u9020\u4e86\u8bb8\u591a\u4f4f\u5b85\u697c\uff0c\u5e76\u62e5\u6709\u6807\u5fd7\u6027\u8d44\u4ea7\uff0c\u5305\u62ec\u6cbf\u7740\u9999\u6e2f\u8457\u540d\u6d77\u6e2f\u7684\u5e9e\u5927\u5546\u4e1a\u7efc\u5408\u4f53\u7ef4\u591a\u5229\u4e9a\u7801\u5934\u3002<\/p>\n<p>\u957f\u8fbe\u6570\u5341\u5e74\u7684\u623f\u5730\u4ea7\u7e41\u8363\u5c06\u90d1\u6c0f\u5bb6\u65cf\u63a8\u5165\u4e86\u9999\u6e2f\u91d1\u878d\u4e2d\u5fc3\u6700\u5bcc\u6709\u7684\u9636\u5c42\u3002\u636e\u300a\u798f\u5e03\u65af\u300b\u62a5\u9053\uff0c\u4ed6\u4eec\u76ee\u524d\u7684\u8d22\u5bcc\u4e3a226\u4ebf\u7f8e\u5143\uff0c\u662f\u4e9a\u6d32\u6700\u5bcc\u6709\u7684\u5bb6\u65cf\u4e4b\u4e00\u3002<\/p>\n<p>\u57282010\u5e74\u4ee3\uff0c\u65b0\u4e16\u754c\u7684\u7ba1\u7406\u6743\u9010\u6e10\u79fb\u4ea4\u7ed9\u4e86\u521b\u59cb\u4eba\u90d1\u88d5\u5f64\u7684\u5b59\u5b50\u90d1\u5fd7\u521a\u3002\u4ed6\u901a\u8fc7\u5c06\u827a\u672f\u5143\u7d20\u878d\u5165\u65b0\u4e16\u754c\u5efa\u9020\u7684\u4f4f\u5b85\u697c\u548c\u529e\u516c\u5ba4\uff0c\u4ee5\u53ca\u7ade\u6807\u57ce\u5e02\u6700\u5927\u7684\u4f53\u80b2\u573a\u2014\u2014\u542f\u5fb7\u4f53\u80b2\u56ed\u7b49\u5927\u578b\u9879\u76ee\uff0c\u7559\u4e0b\u4e86\u81ea\u5df1\u7684\u5370\u8bb0\u3002\u5728\u4ed6\u7684\u9886\u5bfc\u4e0b\uff0c\u8be5\u516c\u53f8\u8f6c\u578b\u4e3a\u4e00\u4e2a\u5438\u5f15\u6210\u719f\u4e2d\u4ea7\u9636\u7ea7\u7684\u54c1\u724c\uff0c\u5e76\u5728\u9999\u6e2f\u79ef\u7d2f\u4e86\u591a\u4e2a\u6807\u5fd7\u6027\u7269\u4e1a\u3002<\/p>\n<p>\u4f46\u5728\u7ecf\u5386\u4e86\u65b0\u4e16\u754c\u76c8\u5229\u66b4\u8dcc\u81f3\u4e8f\u635f\u540e\uff0c\u90d1\u5fd7\u521a\u4e8e9\u6708\u8f9e\u53bb\u9996\u5e2d\u6267\u884c\u5b98\u4e00\u804c\u2014\u2014\u8fd9\u5728\u9999\u6e2f\u623f\u5730\u4ea7\u884c\u4e1a\u4e2d\u5b9e\u5c5e\u7f55\u89c1\u7684\u7a81\u7136\u79bb\u804c\uff0c\u56e0\u4e3a\u6700\u5927\u7684\u53c2\u4e0e\u8005\u90fd\u7531\u7cbe\u5fc3\u8ba1\u5212\u7ee7\u4efb\u7684\u5bb6\u65cf\u63a7\u5236\u3002\u66f4\u4ee4\u4eba\u4e0d\u5b89\u7684\u662f\uff0c\u4ed6\u7684\u7ee7\u4efb\u8005\u9a6c\u7ecd\u7965\u4ec5\u77ed\u6682\u4efb\u804c\u540e\u4fbf\u79bb\u804c\uff0c\u968f\u540e\u4e8e11\u6708\u63d0\u62d4\u6797\u7ecd\u6ce2\u62c5\u4efb\u6700\u9ad8\u804c\u4f4d\u3002\u5f53\u9999\u6e2f\u548c\u4e2d\u56fd\u5927\u9646\u7684\u623f\u5730\u4ea7\u5e02\u573a\u90fd\u5728\u84ec\u52c3\u53d1\u5c55\u65f6\uff0c\u8be5\u516c\u53f8\u4ee5\u503a\u52a1\u9a71\u52a8\u6269\u5f20\u7684\u6218\u7565\u5e76\u6ca1\u6709\u4ec0\u4e48\u95ee\u9898\u3002<\/p>\n<p>\u7136\u800c\uff0c\u9999\u6e2f\u623f\u5730\u4ea7\u5e02\u573a\u57282021\u5e74\u8fdb\u5165\u4e86\u524d\u6240\u672a\u6709\u7684\u4f4e\u8ff7\u65f6\u671f\u3002\u51e0\u5e74\u524d\u7684\u53cd\u653f\u5e9c\u6297\u8bae\u6d3b\u52a8\uff0c\u4ee5\u53ca\u968f\u4e4b\u800c\u6765\u7684\u6709\u4e89\u8bae\u7684\u56fd\u5bb6\u5b89\u5168\u6cd5\u548c\u4e25\u683c\u7684Covid-19\u9650\u5236\uff0c\u4fc3\u4f7f\u5f53\u5730\u5c45\u6c11\u5916\u6d41\uff0c\u5e76\u4f7f\u56fd\u9645\u793e\u4f1a\u5bf9\u9999\u6e2f\u7684\u5546\u4e1a\u73af\u5883\u4e09\u601d\u800c\u884c\u3002\u8fd9\u7ed9\u4f4f\u5b85\u548c\u5546\u4e1a\u5730\u4ea7\u7684\u9700\u6c42\u5e26\u6765\u4e86\u538b\u529b\u3002<\/p>\n<p>\u66f4\u7cdf\u7cd5\u7684\u662f\uff0c\u9999\u6e2f\u7684\u5229\u7387\u4e0e\u7f8e\u8054\u50a8\u540c\u6b65\u3002\u968f\u7740\u7f8e\u8054\u50a8\u57282022\u5e74\u548c2023\u5e74\u63d0\u9ad8\u5229\u7387\u4ee5\u5bf9\u6297\u98d9\u5347\u7684\u901a\u8d27\u81a8\u80c0\uff0c\u501f\u8d37\u6210\u672c\u7684\u4e0a\u5347\u589e\u52a0\u4e86\u65b0\u4e16\u754c\u7684\u8d22\u52a1\u8d1f\u62c5\uff0c\u5e76\u964d\u4f4e\u4e86\u666e\u901a\u8d2d\u623f\u8005\u548c\u6295\u8d44\u8005\u5bf9\u623f\u5730\u4ea7\u6295\u8d44\u7684\u5438\u5f15\u529b\u3002<\/p>\n<p>\u623f\u5c4b\u9500\u552e\u4ee5\u53ca\u529e\u516c\u5ba4\u548c\u8d2d\u7269\u4e2d\u5fc3\u7684\u79df\u91d1\u6536\u5165\u662f\u50cf\u65b0\u4e16\u754c\u8fd9\u6837\u7684\u5f00\u53d1\u5546\u7684\u4e3b\u8981\u6536\u5165\u6765\u6e90\u3002\u4f46\u9999\u6e2f\u7684\u623f\u4ef7\u5f98\u5f8a\u5728\u4e5d\u5e74\u6765\u7684\u6700\u4f4e\u70b9\uff0c\u800c\u5199\u5b57\u697c\u79df\u91d1\u81ea2019\u5e74\u8fbe\u5230\u5cf0\u503c\u4ee5\u6765\u5df2\u7ecf\u66b4\u8dcc40%\u3002\u8d2d\u7269\u4e2d\u5fc3\u4e5f\u9762\u4e34\u7740\u66f4\u9ad8\u7684\u7a7a\u7f6e\u7387\u548c\u66f4\u4f4e\u7684\u79df\u91d1\uff0c\u7279\u522b\u662f\u7531\u4e8e\u4e2d\u56fd\u5927\u9646\u7ecf\u6d4e\u653e\u7f13\u610f\u5473\u7740\u613f\u610f\u6325\u970d\u7684\u6e38\u5ba2\u51cf\u5c11\u4e86\u3002<\/p>\n<p>\u5728\u5e02\u573a\u9ad8\u5cf0\u671f rush \u5efa\u66f4\u591a\u7684\u516c\u5bd3\u697c\u548c\u6469\u5929\u5927\u697c\u5bfc\u81f4\u4e86\u5927\u91cf\u7684\u623f\u4ea7\u8fc7\u5269\uff0c\u968f\u7740\u9700\u6c42\u653e\u7f13\uff0c\u8fd9\u8fdb\u4e00\u6b65\u538b\u4f4e\u4e86\u4ef7\u683c\u3002\u65b0\u4e16\u754c\u7684\u5927\u578b\u9879\u76ee\u2014\u2014\u4ece\u7ef4\u591a\u5229\u4e9a\u7801\u5934\u523011 Skies\u2014\u2014\u73b0\u5728\u9762\u4e34\u7740\u4e0e\u89c4\u5212\u65f6\u622a\u7136\u4e0d\u540c\u7684\u73b0\u5b9e\u3002<\/p>\n<p>\u8be5\u516c\u53f8\u8fd8\u53d7\u5230\u5176\u5728\u4e2d\u56fd\u5927\u9646\u623f\u5730\u4ea7\u5e02\u573a\u76f8\u5bf9\u8f83\u9ad8\u7684\u98ce\u9669\u7684\u5f71\u54cd\uff0c\u8fc7\u53bb\u51e0\u5e74\u4e2d\u56fd\u5927\u9646\u7684\u623f\u4ef7\u5927\u5e45\u4e0b\u8dcc\u3002\u622a\u81f32024\u5e746\u6708\u768412\u4e2a\u6708\uff0c\u4e2d\u56fd\u5927\u9646\u5360\u65b0\u4e16\u754c\u7b7e\u7ea6\u9500\u552e\u989d\u7684\u4e00\u534a\u4ee5\u4e0a\u3002\u5bf9\u4e8e\u9999\u6e2f\u53e6\u4e00\u5bb6\u9876\u7ea7\u516c\u53f8\u6052\u9686\u96c6\u56e2\u6765\u8bf4\uff0c\u540c\u671f\u53ea\u670930%\u7684\u623f\u5730\u4ea7\u9500\u552e\u989d\u6765\u81ea\u540c\u4e00\u5730\u533a\u3002<\/p>\n<p>\u622a\u81f3\u53bb\u5e74\u5e74\u5e95\uff0c\u65b0\u4e16\u754c\u80cc\u8d1f\u7740\u7ea62109\u4ebf\u6e2f\u5143\u7684\u8d1f\u503a\uff0c\u81ea1\u6708\u4efd\u4ee5\u6765\u4e00\u76f4\u5728\u4e0e\u94f6\u884c\u8c08\u5224\uff0c\u4ee5\u518d\u878d\u8d44875\u4ebf\u6e2f\u5143\u7684\u8d37\u6b3e\u2014\u2014\u8fd9\u662f\u9999\u6e2f\u516c\u53f8\u6709\u53f2\u4ee5\u6765\u89c4\u6a21\u6700\u5927\u7684\u518d\u878d\u8d44\u52aa\u529b\u4e4b\u4e00\u3002\u622a\u81f35\u670830\u65e5\uff0c\u65b0\u4e16\u754c\u5df2\u6536\u5230\u94f6\u884c\u5bf9\u8be5\u91d1\u989d\u7684\u4e66\u9762\u627f\u8bfa\uff0c\u5e76\u5e0c\u671b\u83b7\u5f97\u5168\u90e8\u91d1\u989d\uff0c\u77e5\u60c5\u4eba\u58eb\u544a\u8bc9\u5f6d\u535a\u65b0\u95fb\u793e\u3002\u5b8c\u6210\u4ea4\u6613\u7684\u7d27\u8feb\u6027\u662f\u56e0\u4e3a\u8be5\u516c\u53f8\u73b0\u6709\u8d37\u6b3e\u7684\u5951\u7ea6\u8c41\u514d\u5c06\u4e8e6\u670830\u65e5\u5230\u671f\u3002\u5982\u679c\u6ca1\u6709\u518d\u878d\u8d44\u5230\u4f4d\uff0c\u4e00\u4e9b\u94f6\u884c\u7406\u8bba\u4e0a\u53ef\u80fd\u4f1a\u8981\u6c42\u507f\u8fd8\u8d37\u6b3e\u3002\u65b0\u4e16\u754c\u5df2\u627f\u8bfa\u5c06\u7ea640\u5904\u623f\u4ea7\u4f5c\u4e3a\u62b5\u62bc\u54c1\uff0c\u5305\u62ec\u5176<\/p>\n<p>\u4e00\u9879\u6210\u529f\u7684\u4ea4\u6613\u5c06\u6709\u52a9\u4e8e\u7f13\u89e3\u957f\u671f\u56f0\u6270\u8be5\u516c\u53f8\u7684\u6d41\u52a8\u6027\u95ee\u9898\u3002\u4f46\u5982\u679c\u518d\u878d\u8d44\u672a\u80fd\u5b9e\u73b0\uff0c\u65b0\u4e16\u754c\u53ef\u80fd\u4f1a\u9762\u4e34\u8fdd\u7ea6\u98ce\u9669\uff0c\u5982\u679c\u5176\u4efb\u4f55\u503a\u6743\u4eba\u8981\u6c42\u7acb\u5373\u8fd8\u6b3e\u3002\u81f3\u5c11\uff0c\u5982\u679c\u80fd\u591f\u6536\u56de\u4efb\u4f55\u4e00\u90e8\u5206\uff0c\u8d37\u6b3e\u4eba\u53ef\u80fd\u4e0d\u5f97\u4e0d\u627f\u62c5\u8d37\u6b3e\u635f\u5931\u3002\u8be5\u5f00\u53d1\u5546\u5728\u8d44\u672c\u5e02\u573a\u7684\u4fe1\u8a89\u5c06\u53d7\u5230\u4e25\u91cd\u635f\u5bb3\uff0c\u5728\u6700\u574f\u7684\u60c5\u51b5\u4e0b\uff0c\u65b0\u4e16\u754c\u53ef\u80fd\u9700\u8981\u50cf\u4e2d\u56fd\u5927\u9646\u9677\u5165\u56f0\u5883\u7684\u540c\u884c\u4e00\u6837\u8fdb\u884c\u91cd\u7ec4\u3002<\/p>\n<p>\u65b0\u4e16\u754c\u8d44\u4ea7\u7684\u6f5c\u5728\u706b\u707e\u5f0f\u629b\u552e\u53ef\u80fd\u4f1a\u5f15\u53d1\u9999\u6e2f\u623f\u5730\u4ea7\u884c\u4e1a\u7684\u591a\u7c73\u8bfa\u9aa8\u724c\u6548\u5e94\uff0c\u7ed9\u672c\u5df2\u8106\u5f31\u7684\u5e02\u573a\u5e26\u6765\u8fdb\u4e00\u6b65\u7684\u538b\u529b\u3002<\/p>\n<p>\u6807\u51c6\u666e\u5c14\u5168\u7403\u8bc4\u7ea7\u4f30\u8ba1\uff0c\u5982\u679c\u9999\u6e2f\u4e00\u5bb6\u5927\u578b\u623f\u5730\u4ea7\u5f00\u53d1\u5546\u51fa\u73b0\u9ad8\u8c03\u8fdd\u7ea6\u6216\u91cd\u7ec4\uff0c\u8d2d\u623f\u8005\u7684\u4fe1\u5fc3\u5c06\u53d7\u5230\u5f71\u54cd\uff0c\u5bfc\u81f42025\u5e74\u65b0\u5efa\u4f4f\u5b85\u7684\u9500\u91cf\u51cf\u534a\uff0c\u4ef7\u683c\u4e0b\u8dcc\u9ad8\u8fbe7%\u3002<\/p>\n<p>\u4ef7\u683c\u4e0b\u8dcc\u5c06\u6253\u51fb\u5176\u4ed6\u5f00\u53d1\u5546\u7684\u5229\u6da6\u7387\uff0c\u5e76\u53ef\u80fd\u5bfc\u81f4\u4ed6\u4eec\u7684\u503a\u52a1\u4e0eEBITDA\u4e4b\u6bd4\uff08\u4e00\u79cd\u6760\u6746\u8861\u91cf\u6807\u51c6\uff09\u4e0a\u5347\u3002\u6b64\u5916\uff0c\u5982\u679c\u4eca\u5e74\u9999\u6e2f\u623f\u4ef7\u7ee7\u7eed\u4e0b\u8dcc\uff0c\u6807\u51c6\u666e\u5c14\u9884\u8ba1\u878d\u8d44\u6761\u4ef6\u5c06\u6536\u7d27\uff0c\u5f15\u53d1\u4fe1\u8d37\u7d27\u7f29\u3002\u94f6\u884c\u662f\u623f\u5730\u4ea7\u5f00\u53d1\u5546\u6700\u5927\u7684\u878d\u8d44\u6765\u6e90\u4e4b\u4e00\uff0c\u6b64\u7c7b\u8d37\u6b3e\u4e0e\u623f\u5c4b\u4ef7\u503c\u9ad8\u5ea6\u76f8\u5173\u3002<\/p>\n<p>\u5404\u94f6\u884c\u5bf9\u65b0\u4e16\u754c\u7684\u98ce\u9669\u655e\u53e3\u6c34\u5e73\u5c1a\u4e0d\u6e05\u695a\uff0c\u4f46\u9274\u4e8e\u65b0\u4e16\u754c\u662f\u9999\u6e2f\u6700\u5927\u7684\u4f01\u4e1a\u4e4b\u4e00\uff0c\u5b83\u4eec\u5f88\u53ef\u80fd\u76f8\u4e92\u5173\u8054\u3002\u5982\u679c\u5f00\u53d1\u5546\u672a\u80fd\u5c65\u884c\u5176\u503a\u52a1\u4e49\u52a1\uff0c\u5927\u591a\u6570\u94f6\u884c\u53ef\u80fd\u4f1a\u770b\u5230\u5176\u4e0d\u826f\u8d37\u6b3e\uff08\u88ab\u8ba4\u4e3a\u4e0d\u592a\u53ef\u80fd\u507f\u8fd8\u7684\u503a\u52a1\uff09\u7684\u89c4\u6a21\u6025\u5267\u589e\u52a0\uff0c\u5e76\u5bf9\u5176\u8d44\u4ea7\u8d1f\u503a\u8868\u9020\u6210\u66f4\u5927\u7684\u538b\u529b\u3002<\/p>\n<p>\u65b0\u4e16\u754c\u7684\u503a\u6743\u4eba\u4e4b\u4e00\u4e1c\u4e9a\u94f6\u884c\u7684\u4e0d\u826f\u8d37\u6b3e\u7387\u57282024\u5e74\u7ffb\u4e86\u4e00\u756a\uff0c\uff0c\u800c\u8fd9\u5bb6\u623f\u5730\u4ea7\u5de8\u5934\u7684\u5012\u95ed\u53ef\u80fd\u4f1a\u8fdb\u4e00\u6b65\u63a8\u9ad8\u8fd9\u4e00\u6570\u5b57\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\u4e3b\u8981\u5173\u6ce8\u65b0\u4e16\u754c\u53d1\u5c55\u7684\u503a\u52a1\u95ee\u9898\u4ee5\u53ca\u53ef\u80fd\u5bf9\u9999\u6e2f\u623f\u5730\u4ea7\u5e02\u573a\u9020\u6210\u7684\u8d1f\u9762\u5f71\u54cd\u3002\u867d\u7136\u6587\u7ae0\u6ca1\u6709\u76f4\u63a5\u6279\u8bc4\u4e2d\u56fd\uff0c\u4f46\u63d0\u5230\u4e86\u4e2d\u56fd\u5927\u9646\u623f\u5730\u4ea7\u5e02\u573a\u4e0b\u6ed1\u5bf9\u65b0\u4e16\u754c\u7684\u5f71\u54cd\uff0c\u4ee5\u53ca\u4e25\u683c\u7684\u75ab\u60c5\u7ba1\u63a7\u5bf9\u9999\u6e2f\u7ecf\u6d4e\u7684\u51b2\u51fb\uff0c\u6697\u793a\u4e86\u4e0e\u4e2d\u56fd\u76f8\u5173\u7684\u4e00\u4e9b\u8d1f\u9762\u56e0\u7d20\u3002<\/pre>\n<hr>\n<p><b>\u539f\u6587\u5730\u5740\uff1a<\/b><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-06-05\/real-estate-developer-new-world-s-debt-troubles-have-hong-kong-bankers-on-edge\" target=\"_blank\">Real Estate Developer New World\u2019s Debt Troubles Have Hong Kong Bankers on Edge<\/a><br \/> <b>\u65b0\u95fb\u65e5\u671f\uff1a<\/b>2025-06-05<\/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=27890\"><\/div><div><a download=\"\u3010\u8d1f\u9762\u3011[bloomberg]\u65b0\u4e16\u754c\u9677\u503a\u52a1\u5371\u673a.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>**\u65b0\u4e16\u754c\u503a\u52a1\u5371\u673a\u5f15\u53d1\u9999\u6e2f\u94f6\u884c\u754c\u62c5\u5fe7** \u9999\u6e2f\u94f6\u884c\u5bb6\u4eec\u6b63\u9ad8\u5ea6\u7d27\u5f20\u5730\u5173\u6ce8\u7740\u9999\u6e2f\u9876\u7ea7\u623f\u5730\u4ea7\u5f00\u53d1\u5546\u4e4b\u4e00\u7684\u65b0\u4e16\u754c\u53d1\u5c55\u6709 [&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":[2373,13173,432,18003,4743],"class_list":["post-27890","post","type-post","status-publish","format-standard","hentry","category-79","tag-2373","tag-13173","tag-432","tag-18003","tag-4743"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/news.tomjun.com\/index.php?rest_route=\/wp\/v2\/posts\/27890","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=27890"}],"version-history":[{"count":1,"href":"https:\/\/news.tomjun.com\/index.php?rest_route=\/wp\/v2\/posts\/27890\/revisions"}],"predecessor-version":[{"id":27891,"href":"https:\/\/news.tomjun.com\/index.php?rest_route=\/wp\/v2\/posts\/27890\/revisions\/27891"}],"wp:attachment":[{"href":"https:\/\/news.tomjun.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=27890"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.tomjun.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=27890"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.tomjun.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=27890"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}