{"id":35460,"date":"2025-09-04T16:20:04","date_gmt":"2025-09-04T08:20:04","guid":{"rendered":"https:\/\/www.kafeizha.com\/?p=35460"},"modified":"2025-09-04T16:20:04","modified_gmt":"2025-09-04T08:20:04","slug":"%e3%80%90%e6%ad%a3%e9%9d%a2%e3%80%91bloomberg%e4%b9%a0%e8%bf%91%e5%b9%b3%e4%b8%8d%e5%be%97%e4%b8%8d%e7%88%b1%e4%b8%8a%e4%b8%ad%e5%9b%bd%e8%82%a1%e5%b8%82","status":"publish","type":"post","link":"https:\/\/news.tomjun.com\/?p=35460","title":{"rendered":"\u3010\u6b63\u9762\u3011[bloomberg]\u4e60\u8fd1\u5e73\u4e0d\u5f97\u4e0d\u7231\u4e0a\u4e2d\u56fd\u80a1\u5e02"},"content":{"rendered":"<p>\u4e0e\u5510\u7eb3\u5fb7\u00b7\u7279\u6717\u666e\u4e0d\u540c\uff0c\u4e2d\u56fd\u56fd\u5bb6\u4e3b\u5e2d\u4e60\u8fd1\u5e73\u4f3c\u4e4e\u5e76\u4e0d\u4ee5\u5173\u5fc3\u80a1\u5e02\u56de\u62a5\u800c\u95fb\u540d\u3002\u5c31\u57282021\u5e74\uff0c\u653f\u5e9c\u4e0d\u987e\u5168\u7403\u6295\u8d44\u8005\u7684\u5f3a\u70c8\u4e0d\u6ee1\uff0c\u6bc5\u7136\u5bf9\u5927\u578b\u79d1\u6280\u4f01\u4e1a\u548c\u623f\u5730\u4ea7\u5f00\u53d1\u5546\u8fdb\u884c\u4e86\u4e25\u5389\u7684\u76d1\u7ba1\u6253\u51fb\u3002<\/p>\n<p>\u4f46\u6709\u660e\u663e\u7684\u8ff9\u8c61\u8868\u660e\uff0c\u4e60\u8fd1\u5e73\u6b63\u5728\u6539\u53d8\u4e3b\u610f\u3002\u56fd\u6709\u673a\u6784\u6295\u8d44\u8005\u4eca\u5e74\u6295\u5165\u4e86\u6570\u5341\u4ebf\u7f8e\u5143\u30021\u6708\uff0c\u653f\u5e9c\u8868\u793a\uff0c\u5927\u578b\u4fdd\u9669\u516c\u53f8\u5c06\u9700\u8981\u5728\u5728\u5cb8\u80a1\u7968\u4e2d\u8fdb\u884c\u6295\u8d44\u30024\u6708\uff0c\u4e3b\u6743\u57fa\u91d1\u4e2d\u56fd\u6295\u8d44\u516c\u53f8(China Investment Corp.)\u7684\u56fd\u5185\u90e8\u95e8\u4e2d\u592e\u6c47\u91d1\u6295\u8d44\u6709\u9650\u8d23\u4efb\u516c\u53f8(Central Huijin Investment Ltd.)\u4e5f\u5165\u5e02\u589e\u6301\u3002<\/p>\n<p>\u622a\u81f36\u6708\u5e95\uff0c\u6c47\u91d1\u6301\u67091800\u4ebf\u7f8e\u5143\u7684\u6307\u6570\u57fa\u91d1\u3002\u56e0\u6b64\uff0c\u503c\u5f97\u63a2\u7a76\u662f\u4ec0\u4e48\u4fc3\u4f7f\u4e86\u8fd9\u79cd\u6001\u5ea6\u7684\u8f6c\u53d8\u3002\u6295\u8d44\u8005\u9884\u671f\u4f1a\u51fa\u73b0\u201c\u4e60\u5f0f\u770b\u8dcc\u671f\u6743\u201d\u2014\u2014\u5373\u76f8\u4fe1\u5982\u679c\u80a1\u5e02\u5d29\u76d8\uff0c\u56fd\u5bb6\u4f1a\u51fa\u624b\u8d2d\u4e70\u4e2d\u56fd\u80a1\u7968\u3002\u90a3\u4e48\uff0c\u8fd9\u79cd\u673a\u6784\u652f\u6301\u80fd\u591f\u957f\u671f\u5b58\u5728\u5417\uff1f<\/p>\n<p>\u6025\u5267\u7684\u4eba\u53e3\u7ed3\u6784\u53d8\u5316\u53ef\u80fd\u6b63\u5728\u8feb\u4f7f\u4e60\u8fd1\u5e73\u91c7\u53d6\u884c\u52a8\u3002\u4e2d\u56fd\u4ec5\u4ec5\u7528\u4e86\u4e94\u5e74\u65f6\u95f4\u5c31\u8fdb\u5165\u4e86\u751f\u80b2\u5371\u673a\u30022024\u5e74\uff0c\u53ea\u6709950\u4e07\u5a74\u513f\u51fa\u751f\uff0c\u4e0e\u75ab\u60c5\u524d\u6bcf\u5e74\u7ea61500\u4e07\u7684\u51fa\u751f\u4eba\u6570\u76f8\u6bd4\uff0c\u8fd9\u662f\u4e00\u4e2a\u4ee4\u4eba\u9707\u60ca\u7684\u4e0b\u964d\u3002\u603b\u548c\u751f\u80b2\u7387\uff0c\u5373\u4f30\u8ba1\u4e00\u4e2a\u5987\u5973\u751f\u80b2\u7684\u5e73\u5747\u5b50\u5973\u6570\uff0c\u4ece2019\u5e74\u76841.8\u9aa4\u964d\u81f32023\u5e74\u76841\u3002<\/p>\n<p>\u56e0\u6b64\uff0c\u793e\u4f1a\u4fdd\u969c\u4f53\u7cfb\u6b63\u53d8\u5f97\u96be\u4ee5\u4e3a\u7ee7\u30021990\u5e74\uff0c\u4e2d\u56fd\u6bcf\u65b0\u589e\u4e00\u540d\u9000\u4f11\u4eba\u5458\uff0c\u5927\u7ea6\u67093.6\u540d\u52b3\u52a8\u8005\u8fdb\u5165\u52b3\u52a8\u529b\u5e02\u573a\u3002\u52302045\u5e74\uff0c\u8fd9\u4e2a\u6570\u5b57\u5c06\u4e0b\u964d\u52300.4\u2014\u2014\u6839\u636e\u9ad8\u76db\u96c6\u56e2(Goldman Sachs Group Inc.)\u7684\u4f30\u8ba1\uff0c\u5c4a\u65f6\u53ea\u6709900\u4e07\u65b0\u589e\u5c31\u4e1a\u8005\u5f00\u59cb\u7f34\u7eb3\u793e\u4fdd\uff0c\u4f46\u67092100\u4e07\u4eba\u5f00\u59cb\u9886\u53d6\u517b\u8001\u91d1\u3002\u60c5\u51b5\u5df2\u7ecf\u5b8c\u5168\u9006\u8f6c\u3002<\/p>\n<p>\u8fd9\u6216\u8bb8\u89e3\u91ca\u4e86\u4e3a\u4ec0\u4e48\u51fa\u73b0\u4e86\u4e00\u7cfb\u5217\u65e8\u5728\u6539\u5584\u8fd9\u4e00\u72b6\u51b5\u7684\u65b0\u653f\u7b56\u3002\u4e2d\u56fd\u5728\u53bb\u5e74\u5e74\u5e95\uff0c\u81ea1978\u5e74\u4ee5\u6765\u9996\u6b21\u63d0\u9ad8\u4e86\u517b\u8001\u91d1\u3002\u6700\u8fd1\u7684\u4e00\u9879\u6cd5\u9662\u88c1\u51b3\u6253\u51fb\u4e86\u5c0f\u4f01\u4e1a\u5229\u7528\u6f0f\u6d1e\u9003\u907f\u5f3a\u5236\u6027\u793e\u4fdd\u7f34\u6b3e\u7684\u884c\u4e3a\u3002\u5e76\u4e14\uff0c\u4e3a\u4e86\u63d0\u9ad8\u751f\u80b2\u7387\uff0c\u653f\u5e9c\u5c06\u4e3a\u6bcf\u4e2a\u4e09\u5c81\u4ee5\u4e0b\u513f\u7ae5\u53d1\u653e\u8865\u8d34\u2014\u2014\u6bcf\u5e743600\u5143\u4eba\u6c11\u5e01\u3002<\/p>\n<p>\u4f46\u4ec5\u51ed\u8fd9\u4e9b\u63aa\u65bd\u4e0d\u8db3\u4ee5\u51cf\u8f7b\u517b\u8001\u91d1\u4f53\u7cfb\u7684\u538b\u529b\u3002\u4e2d\u56fd\u7684\u793e\u4fdd\u5df2\u7ecf\u5b9e\u73b0\u4e86\u8fd1\u4e4e\u5168\u6c11\u8986\u76d6\uff0c\u8986\u76d6\u4eba\u6570\u8d85\u8fc710\u4ebf\u3002\u7136\u800c\uff0c\u8fd9\u9879\u6210\u5c31\u4e5f\u4ed8\u51fa\u4e86\u5de8\u5927\u7684\u4ee3\u4ef7\u3002\u81f3\u5c11\u5728\u8fc7\u53bb\u5341\u5e74\u91cc\uff0c\u653f\u5e9c\u4e00\u76f4\u5728\u8865\u8d34\u56fd\u6709\u517b\u8001\u91d1\u30022023\u5e74\uff0c\u8865\u8d34\u603b\u989d\u8fbe\u52301.7\u4e07\u4ebf\u5143\u4eba\u6c11\u5e01\uff0c\u5360\u8d22\u653f\u652f\u51fa\u76846.4%\u3002<\/p>\n<p>\u5373\u4f7f\u6709\u56fd\u5bb6\u8865\u8d34\uff0c\u6570\u767e\u4e07\u5a74\u513f\u6f6e\u65f6\u671f\u51fa\u751f\u7684\u4eba\u4ecd\u7136\u6ca1\u6709\u8db3\u591f\u7684\u94b1\u6765\u5b89\u4eab\u665a\u5e74\u3002\u57ce\u9547\u5de5\u85aa\u9636\u5c42\u88ab\u7eb3\u5165\u804c\u5de5\u4fdd\u9669\uff0c\u8fd9\u662f\u4e00\u79cd\u56fa\u5b9a\u6536\u76ca\u8ba1\u5212\uff0c\u6309\u9000\u4f11\u524d\u6536\u5165\u7684\u767e\u5206\u6bd4\u652f\u4ed8\u30022023\u5e74\uff0c\u8be5\u8ba1\u5212\u5e73\u5747\u6bcf\u4eba\u652f\u4ed84.5\u4e07\u5143\u4eba\u6c11\u5e01\u3002\u4f46\u5305\u62ec\u519c\u6751\u5730\u533a\u6216\u6ca1\u6709\u5168\u804c\u5de5\u4f5c\u7684\u4eba\u5728\u5185\u7684\u8bb8\u591a\u5176\u4ed6\u4eba\uff0c\u53ea\u53c2\u52a0\u4e86\u6240\u8c13\u7684\u5c45\u6c11\u4fdd\u9669\uff0c\u8be5\u4fdd\u9669\u5f53\u5e74\u4ec5\u652f\u4ed8\u4e86\u53ef\u601c\u76842671\u5143\u4eba\u6c11\u5e01\u3002<\/p>\n<p>\u8fd9\u5c31\u662f\u4e3a\u4ec0\u4e48\u968f\u7740\u4e2d\u56fd\u793e\u4f1a\u7684\u8001\u9f84\u5316\uff0c\u80a1\u5e02\u5c06\u53d8\u5f97\u8d8a\u6765\u8d8a\u91cd\u8981\u3002\u7f8e\u56fd\u63d0\u4f9b\u4e86\u4e00\u4e2a\u4ee4\u4eba\u7fa1\u6155\u7684\u4f8b\u5b50\u3002\u90a3\u4e9b\u57281946\u5e74\u81f31964\u5e74\u95f4\u51fa\u751f\u7684\u4eba\uff0c\u662f\u7b2c\u4e00\u4ee3\u5728\u5f00\u59cb\u5de5\u4f5c\u65f6\u83b7\u5f97401(k)\u517b\u8001\u91d1\u8ba1\u5212\u7684\u4eba\uff0c\u4ed6\u4eec\u62e5\u6709\u8212\u9002\u7684\u9000\u4f11\u751f\u6d3b\uff0c\u56e0\u4e3a\u80a1\u7968\u6295\u8d44\u7ec4\u5408\u548c\u623f\u5c4b\u7684\u4ef7\u503c\u98d9\u5347\u3002\u8bb8\u591a\u4eba\u5e76\u4e0d\u4f9d\u8d56\u793e\u4fdd\u652f\u7968\u8fc7\u6d3b\uff0c\u800c\u4e14\u5982\u679c\u5e74\u5ea6\u9000\u4f11\u91d1\u589e\u957f\u5e45\u5ea6\u8f83\u5c0f\uff0c\u4ed6\u4eec\u4e5f\u4e0d\u4f1a\u62b1\u6028\u3002<\/p>\n<p>\u4e2d\u56fd\u5f53\u7136\u6e34\u671b\u590d\u5236\u8fd9\u4e00\u6a21\u5f0f\uff0c\u5c24\u5176\u662f\u5728\u623f\u5730\u4ea7\u5e02\u573a\u957f\u671f\u4f4e\u8ff7\u7684\u5f53\u4e0b\u3002\u53bb\u5e74\u5e74\u5e95\uff0c\u653f\u5e9c\u5728\u5168\u56fd\u8303\u56f4\u5185\u63a8\u51fa\u4e86\u4e2a\u4eba\u9000\u4f11\u8d26\u6237(IRA)\uff0c\u5141\u8bb8\u4eba\u4eec\u6bcf\u5e74\u514d\u7a0e\u6295\u8d442\u4e07\u5143\u4eba\u6c11\u5e01\u3002\u4f46\u5982\u679c\u80a1\u5e02\u957f\u671f\u5904\u4e8e\u718a\u5e02\uff0c\u4ed6\u4eec\u4f1a\u8d39\u5fc3\u6ce8\u518c\u5417\uff1f\u540c\u6837\uff0c\u5982\u679c\u793e\u4fdd\u57fa\u91d1\u80fd\u591f\u83b7\u5f97\u66f4\u597d\u7684\u8d44\u672c\u6536\u76ca\uff0c\u56fd\u5bb6\u517b\u8001\u91d1\u4f53\u7cfb\u53ef\u80fd\u4f1a\u53d8\u5f97\u66f4\u52a0\u81ea\u7ed9\u81ea\u8db3\u3002<\/p>\n<p>\u4eca\u5e74\uff0c\u6240\u8c13\u7684TACO\u4ea4\u6613\uff08\u62bc\u6ce8\u7279\u6717\u666e\u6700\u7ec8\u4f1a\u653e\u5f03\u5bf9\u5e02\u573a\u4e0d\u5229\u7684\u653f\u7b56\uff09\u975e\u5e38\u6d41\u884c\u3002\u8fd9\u662f\u56e0\u4e3a\u7f8e\u56fd\u603b\u7edf\u957f\u671f\u4ee5\u6765\u4e00\u76f4\u5c06\u6807\u51c6\u666e\u5c14500\u6307\u6570\u7684\u8868\u73b0\u89c6\u4e3a\u5176\u652f\u6301\u7387\u7684\u4ee3\u8868\u3002\u4e60\u8fd1\u5e73\u6b63\u5728\u53f2\u65e0\u524d\u4f8b\u5730\u62c5\u4efb\u7b2c\u4e09\u4e2a\u4efb\u671f\uff0c\u4ed6\u4e0d\u5fc5\u62c5\u5fc3\u8fd9\u4e00\u70b9\u3002\u7136\u800c\uff0c\u4ed6\u7684\u786e\u9700\u8981\u5e73\u8861\u8d22\u653f\u8d26\u7c3f\uff0c\u800c\u4e14\u53ef\u80fd\u9700\u8981\u5728\u672a\u6765\u51e0\u5341\u5e74\u5185\u8fd9\u6837\u505a\u3002\u672a\u6765\uff0c\u5f53\u4e00\u540d\u52b3\u52a8\u8005\u5fc5\u987b\u4f9b\u517b\u4e09\u540d\u9000\u4f11\u4eba\u5458\u65f6\uff0c\u80a1\u7968\u56de\u62a5\u5c06\u53d8\u5f97\u975e\u5e38\u91cd\u8981\u3002\u4e60\u8fd1\u5e73\u522b\u65e0\u9009\u62e9\uff0c\u53ea\u80fd\u7231\u4e0a\u80a1\u5e02\u3002 <\/p>\n<hr>\n<p><b>\u5206\u6790\u5927\u6a21\u578b\uff1a<\/b>gemma2<br \/><b>\u5f97\u5206\uff1a<\/b>20<br \/><b>\u539f\u56e0\uff1a<\/b><\/p>\n<pre style=\"white-space: pre-wrap;font-size: inherit;\">\u6587\u7ae0\u80af\u5b9a\u4e86\u4e2d\u56fd\u653f\u5e9c\u4e3a\u5e94\u5bf9\u4eba\u53e3\u8001\u9f84\u5316\u548c\u517b\u8001\u91d1\u538b\u529b\u800c\u91c7\u53d6\u7684\u63aa\u65bd\uff0c\u5982\u63d0\u9ad8\u517b\u8001\u91d1\u3001\u6253\u51fb\u793e\u4fdd\u6f0f\u6d1e\u3001\u63a8\u51fa\u4e2a\u4eba\u9000\u4f11\u8d26\u6237\u7b49\u3002\u540c\u65f6\uff0c\u6587\u7ae0\u4e5f\u8868\u8fbe\u4e86\u5bf9\u4e2d\u56fd\u80a1\u5e02\u5728\u5e94\u5bf9\u793e\u4f1a\u8001\u9f84\u5316\u95ee\u9898\u4e0a\u53d1\u6325\u66f4\u5927\u4f5c\u7528\u7684\u671f\u671b\uff0c\u5e76\u4ee5\u7f8e\u56fd\u4e3a\u4f8b\uff0c\u8ba4\u4e3a\u80a1\u5e02\u7684\u7e41\u8363\u53ef\u4ee5\u51cf\u8f7b\u793e\u4f1a\u4fdd\u969c\u4f53\u7cfb\u7684\u538b\u529b\uff0c\u63d0\u9ad8\u8001\u5e74\u4eba\u7684\u751f\u6d3b\u6c34\u5e73\u3002<\/pre>\n<hr>\n<p><b>\u539f\u6587\u5730\u5740\uff1a<\/b><a href=\"https:\/\/www.bloomberg.com\/opinion\/articles\/2025-09-03\/xi-has-no-choice-but-to-love-chinese-stocks\" target=\"_blank\">Xi Has No Choice But to Love Chinese Stocks<\/a><br \/> <b>\u65b0\u95fb\u65e5\u671f\uff1a<\/b>2025-09-03<\/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=35460\"><\/div><div><a download=\"\u3010\u6b63\u9762\u3011[bloomberg]\u4e60\u8fd1\u5e73\u4e0d\u5f97\u4e0d\u7231\u4e0a\u4e2d\u56fd\u80a1\u5e02.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>\u4e0e\u5510\u7eb3\u5fb7\u00b7\u7279\u6717\u666e\u4e0d\u540c\uff0c\u4e2d\u56fd\u56fd\u5bb6\u4e3b\u5e2d\u4e60\u8fd1\u5e73\u4f3c\u4e4e\u5e76\u4e0d\u4ee5\u5173\u5fc3\u80a1\u5e02\u56de\u62a5\u800c\u95fb\u540d\u3002\u5c31\u57282021\u5e74\uff0c\u653f\u5e9c\u4e0d\u987e\u5168\u7403\u6295\u8d44\u8005\u7684\u5f3a\u70c8 [&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":[2495,70,15100,1628,11459],"class_list":["post-35460","post","type-post","status-publish","format-standard","hentry","category-79","tag-2495","tag-70","tag-15100","tag-1628","tag-11459"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/news.tomjun.com\/index.php?rest_route=\/wp\/v2\/posts\/35460","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=35460"}],"version-history":[{"count":1,"href":"https:\/\/news.tomjun.com\/index.php?rest_route=\/wp\/v2\/posts\/35460\/revisions"}],"predecessor-version":[{"id":35461,"href":"https:\/\/news.tomjun.com\/index.php?rest_route=\/wp\/v2\/posts\/35460\/revisions\/35461"}],"wp:attachment":[{"href":"https:\/\/news.tomjun.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=35460"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.tomjun.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=35460"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.tomjun.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=35460"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}