{"id":726368,"date":"2026-02-19T07:38:51","date_gmt":"2026-02-18T23:38:51","guid":{"rendered":"https:\/\/www.alphaseek.cn\/?p=726368"},"modified":"2026-02-19T07:38:51","modified_gmt":"2026-02-18T23:38:51","slug":"%e6%97%a5%e6%9c%ac%e8%bf%8e%e6%9d%a5%e5%a4%a7%e9%80%89%e5%90%8e%e9%a6%96%e6%ac%a1%e8%b6%85%e9%95%bf%e6%9c%9f%e5%9b%bd%e5%80%ba%e6%8b%8d%e5%8d%96%e8%80%83%e9%aa%8c-%e4%ba%a4%e6%98%93%e5%91%98%e4%b8%a5","status":"publish","type":"post","link":"https:\/\/www.alphaseek.cn\/?p=726368","title":{"rendered":"\u65e5\u672c\u8fce\u6765\u5927\u9009\u540e\u9996\u6b21\u8d85\u957f\u671f\u56fd\u503a\u62cd\u5356\u8003\u9a8c \u4ea4\u6613\u5458\u4e25\u9635\u4ee5\u5f85"},"content":{"rendered":"<p>\u5468\u56db\u53d1\u884c20\u5e74\u671f<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e6%97%a5%e6%9c%ac%e5%9b%bd%e5%80%ba\" title=\"View all posts in \u65e5\u672c\u56fd\u503a\" target=\"_blank\" 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class=\"tag_link\">\u592e\u884c<\/a>\u7f29\u51cf\u8d2d\u503a\u89c4\u6a21\u4e4b\u9645\uff0c\u5916\u56fd\u6295\u8d44\u8005\u5728\u8ba4\u8d2d\u4e2d\u7684\u5360\u6bd4\u6b63\u5728\u4e0a\u5347\uff0c\u8fd9\u653e\u5927\u4e86\u65e5\u672c\u503a\u5e02\u7684\u6ce2\u52a8\u3002\u6536\u76ca\u7387\u76ee\u524d\u5df2\u56de\u843d\u81f33%\u4ee5\u4e0b\uff0c\u6b64\u6b21\u62cd\u5356\u5c06\u68c0\u9a8c\u66f4\u4f4e\u7684\u6536\u76ca\u7387\u662f\u5426\u4f1a\u524a\u5f31\u9700\u6c42\u3002<\/p>\n<p>\u201c\u8fd1\u671f\u8d85\u957f\u671f\u6536\u76ca\u7387\u7684\u4e0b\u884c\u4f3c\u4e4e\u4e3b\u8981\u7531\u6d77\u5916\u6295\u8d44\u8005\u4e3b\u5bfc\uff0c\u201d\u5188\u4e09\u8bc1\u5238\u9996\u5e2d\u503a\u5238\u7b56\u7565\u5e08Naoya Hasegawa\u8868\u793a\uff0c\u201c\u56e0\u6b64\uff0c\u6b64\u6b21\u62cd\u5356\u6216\u5c06\u6210\u4e3a\u4e00\u4e2a\u68c0\u9a8c\uff0c\u5373\u5728\u6536\u76ca\u7387\u5927\u5e45\u56de\u843d\u540e\uff0c\u8fd9\u4e00\u8d8b\u52bf\u662f\u5426\u4ecd\u4f1a\u5ef6\u7eed\u3002\u201d<\/p>\n<p><span><a href=\"https:\/\/stock.finance.sina.com.cn\/usstock\/quotes\/PMTG.html\" target=\"_blank\" data-sudaclick=\"content_marketkeywords_p\" rel=\"noopener\">PIMCO<\/a><\/span><span><\/span> \uff08\u54c1\u6d69\uff09\u504f\u597d\u65e5\u672c30\u5e74\u671f\u56fd\u503a\uff0cJupiter Asset Management\u7684Mark Nash\u4e5f\u5728\u8fdb\u884c\u4e00\u9879\u957f\u671f\u6218\u7565\u6027\u62bc\u6ce8\uff0c\u8ba4\u4e3a\u65e5\u672c\u56fd\u503a\u5c06\u4e0a\u6da8\u3002\u6c89\u5bc2\u591a\u5e74\u768420\u5e74\u671f\u56fd\u503a\u671f\u8d27\u5408\u7ea6\u5df2\u6210\u4e3a\u6d77\u5916\u6295\u8d44\u8005\u5728\u589e\u6301\u65e5\u672c\u8d85\u957f\u671f\u503a\u5238\u65f6\u7528\u4e8e\u5bf9\u51b2\u548c\u5e03\u5c40\u7684\u70ed\u95e8\u5de5\u5177\u3002<\/p>\n<p>\u201c\u4f9b\u9700\u5931\u8861\u7684\u6839\u672c\u6027\u95ee\u9898\u5c1a\u672a\u6539\u5584\uff0c\u8d85\u957f\u671f\u503a\u5238\u7684\u9700\u6c42\u7ee7\u7eed\u4f9d\u8d56\u6d77\u5916\u6295\u8d44\u8005\u548c\u517b\u8001\u91d1\u7684\u518d\u5e73\u8861\uff0c\u201d<span><a href=\"https:\/\/stock.finance.sina.com.cn\/usstock\/quotes\/JPM.html\" target=\"_blank\" data-sudaclick=\"content_marketkeywords_p\" rel=\"noopener\">\u6469\u6839\u5927\u901a<\/a><\/span><span><\/span>\u7b56\u7565\u5e08Takafumi Yamawaki\u7b49\u4eba\u5728\u62a5\u544a\u4e2d\u5199\u9053\uff0c\u201c\u9274\u4e8e<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e6%97%a5%e5%85%83\" title=\"View all posts in \u65e5\u5143\" target=\"_blank\" class=\"tag_link\">\u65e5\u5143<\/a>\u503a\u5e02\u4f9d\u7136\u8106\u5f31\uff0c\u6211\u4eec\u5f3a\u8c03\u6709\u5fc5\u8981\u7ee7\u7eed\u91c7\u53d6\u63aa\u65bd\uff0c\u9632\u6b62\u5229\u7387\u4e0a\u5347\u4fb5\u8680\u56fd\u5185\u673a\u6784\u6295\u8d44\u8005\u7684\u8d22\u52a1\u5b9e\u529b\uff0c\u5e76\u8fdb\u4e00\u6b65\u524a\u5f31\u5bf9\u65e5\u672c\u56fd\u503a\u7684\u9700\u6c42\u3002\u201d<\/p>\n<p>\u6295\u8d44\u8005\u4ecd\u5728\u7b49\u5f85\u66f4\u660e\u786e\u7684\u4fe1\u606f\uff0c\u4e86\u89e3\u9ad8\u5e02\u5c06\u5982\u4f55\u5728\u524a\u51cf\u98df\u54c1\u6d88\u8d39\u7a0e\u7684\u540c\u65f6\uff0c\u6269\u5927\u56fd\u9632\u548c\u6218\u7565\u4ea7\u4e1a\u652f\u51fa\u3002<\/p>\n<p>\u201c\u76ee\u524d\u4ecd\u96be\u4ee5\u8bbe\u60f3\u5bf9\u8d22\u653f\u6269\u5f20\u7684\u62c5\u5fe7\u4f1a\u5b8c\u5168\u6d88\u6563\uff0c\u201dHasegawa\u8868\u793a\u3002<\/p>\n<p>\u8d23\u4efb\u7f16\u8f91\uff1a\u674e\u6850 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