{"id":731465,"date":"2026-02-26T20:33:35","date_gmt":"2026-02-26T12:33:35","guid":{"rendered":"https:\/\/www.alphaseek.cn\/?p=731465"},"modified":"2026-02-26T20:33:35","modified_gmt":"2026-02-26T12:33:35","slug":"%e6%b8%af%e4%ba%a4%e6%89%80%e6%a5%ad%e7%b8%be%e5%89%b5%e6%96%b0%e9%ab%98%ef%bc%8c%e4%bd%86%e7%be%8e%e4%b8%ad%e4%ba%a6%e6%9c%89%e4%b8%8d%e8%b6%b3%e5%8e%9f%e5%89%b5","status":"publish","type":"post","link":"https:\/\/www.alphaseek.cn\/?p=731465","title":{"rendered":"\u6e2f\u4ea4\u6240\u696d\u7e3e\u5275\u65b0\u9ad8\uff0c\u4f46\u7f8e\u4e2d\u4ea6\u6709\u4e0d\u8db3\u539f\u5275"},"content":{"rendered":"<div>\n<div>\n<div>\n<div>\n<h1><a href=\"https:\/\/www.alphaseek.cn\/?tag=%e6%b8%af%e4%ba%a4%e6%89%80\" title=\"View all posts in \u6e2f\u4ea4\u6240\" target=\"_blank\" class=\"tag_link\">\u6e2f\u4ea4\u6240<\/a>\u696d\u7e3e\u5275\u65b0\u9ad8\uff0c\u4f46\u7f8e\u4e2d\u4ea6\u6709\u4e0d\u8db3<\/p>\n<div>\u539f\u5275<\/div>\n<\/h1>\n<p>                                <a href=\"https:\/\/www.finet.hk\/newscenter\/print_content\/69a0291f5a7712f8f349a3f7\" target=\"_blank\" rel=\"noopener\"><i title=\"\u6253\u5370\"><\/i><\/a>                            <\/div>\n<div>\n<div>\n<div>                                                                                      <span>\u65e5\u671f\uff1a<\/span>                                              <span>2026\u5e742\u670826\u65e5 \u4e0b\u53487:04<\/span>                                                                              <\/div>\n<\/p><\/div>\n<div>                                                                          <a href=\"https:\/\/www.finet.hk\/newscenter\/news_content\/javascript:void(0)\" data-title=\"\u6e2f\u4ea4\u6240\u696d\u7e3e\u5275\u65b0\u9ad8\uff0c\u4f46\u7f8e\u4e2d\u4ea6\u6709\u4e0d\u8db3\" 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data-href=\"https:\/\/www.finet.hk\/newscenter\/news_content\/69a0291f5a7712f8f349a3f7\" onclick=\"return fbf2_click(this)\"><i title=\"\u5206\u4eab\u5230facebook\"><\/i><\/a><a href=\"https:\/\/www.finet.hk\/newscenter\/news_content\/javascript:void(0)\" onclick=\"return wechat_share(this)\" tabindex=\"0\" data-container=\"body\" data-toggle=\"popover\" data-trigger=\"manual\" data-html=\"true\" data-placement=\"bottom\"><i title=\"\u5206\u4eab\u5230\u5fae\u4fe1\"><\/i><\/a><\/p>\n<div><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div><\/div>\n<div>\n<p>2025\u5e74\u5c0d\u65bc<strong>\u9999\u6e2f\u4ea4\u6613\u6240\uff08<a href='https:\/\/www.finet.hk\/search?searchbar=00388.HK'>00388.HK<\/a>\uff09<\/strong>\u800c\u8a00\uff0c\u61c9\u662f\u4e00\u500b\u503c\u5f97\u6eff\u610f\u7684\u8c50\u6536\u5e74\u3002\u6e2f\u80a1\u65b0\u80a1\u52df\u8cc7\u984d\u5f37\u52e2\u767b\u9802\u5168\u7403\u7b2c\u4e00\uff0c\u65e5\u5747\u6210\u4ea4\u984d\u8fd1\u4e4e\u7ffb\u500d\uff0c\u5357\u4e0b\u8cc7\u91d1\u4f54\u6bd4\u7a81\u7834\u56db\u5206\u4e4b\u4e00\u3002\u7136\u800c\uff0c\u5728\u5149\u9bae\u7684\u5168\u5e74\u6210\u7e3e\u55ae\u80cc\u5f8c\uff0c2025\u5e74\u7b2c\u56db\u5b63\u986f\u9732\u51fa\u300c\u7f8e\u4e2d\u4e0d\u8db3\u300d\uff1a\u5404\u9805\u4ea4\u6613\u6307\u6a19\u74b0\u6bd4\u986f\u8457\u56de\u843d\uff0c\u76c8\u5229\u589e\u901f\u653e\u7de9\u3002\u7ad9\u57282026\u5e74\u7684\u9580\u6abb\u4e0a\uff0c\u9762\u5c0d\u7f8e\u806f\u5132\u653f\u7b56\u7684\u4e0d\u78ba\u5b9a\u6027\u3001\u7f8e\u80a1\u5de8\u578b\u7368\u89d2\u7378\u7684\u8679\u5438\u6548\u61c9\u4ee5\u53ca\u6e2f\u80a1\u5167\u90e8<a href=\"https:\/\/www.alphaseek.cn\/?tag=ipo\" title=\"View all posts in IPO\" target=\"_blank\" class=\"tag_link\">IPO<\/a>\u64f4\u5bb9\u5e36\u4f86\u7684\u4f30\u503c\u58d3\u529b\uff0c\u6e2f\u4ea4\u6240\u5728\u4eab\u53d7\u653f\u7b56\u7d05\u5229\u7684\u540c\u6642\uff0c\u6b63\u8fce\u4f86\u4e00\u5834\u95dc\u65bc\u97cc\u6027\u8207\u767c\u5c55\u8cea\u91cf\u7684\u6df1\u5ea6\u5927\u8003\u3002<\/p>\n<p><strong>\u9ad8\u5149\u6642\u523b\uff1a2025\u5e74\u5168\u7403\u52df\u8cc7\u738b\u8005\u7684\u5d1b\u8d77<\/strong><\/p>\n<p>\u6578\u64da\u662f\u6700\u6709\u529b\u7684\u8b49\u660e\u30022025\u5e74\u5168\u5e74\uff0c\u6e2f\u4ea4\u6240\u5171\u8fce\u4f86119\u53ea\u65b0\u80a1<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e4%b8%8a%e5%b8%82\" title=\"View all posts in \u4e0a\u5e02\" target=\"_blank\" class=\"tag_link\">\u4e0a\u5e02<\/a>\uff0c\u8f032024\u5e74\u768468\u5bb6\u5927\u5e45\u8e8d\u534775%\u3002\u66f4\u4ee4\u4eba\u9707\u64bc\u7684\u662f\u52df\u8cc7\u898f\u6a21\uff1a\u5168\u5e74\u7e3d\u52df\u8cc7\u984d\u9054\u52302,869\u5104\u6e2f\u5143\uff0c\u540c\u6bd4\u98d9\u5347226%\uff0c\u4e00\u8209\u8d85\u8d8a\u7d10\u4ea4\u6240\u548c\u7d0d\u65af\u9054\u514b\uff0c\u596a\u5f97\u5168\u7403\u65b0\u80a1\u52df\u8cc7\u984d\u7b2c\u4e00\u7684\u6842\u51a0\u3002<\/p>\n<p>\u4e0a\u5e02\u7d50\u69cb\u9032\u4e00\u6b65\u512a\u5316\uff1a<\/p>\n<p>\u65b0\u7d93\u6fdf\u4e3b\u5c0e\uff1a\u65b0\u7d93\u6fdf\u884c\u696d\u65b0\u80a1\u52df\u8cc7\u984d\u4f54\u6bd4\u9ad8\u905466%\uff0c\u986f\u793a\u6e2f\u80a1\u4f5c\u70ba\u65b0\u8208\u79d1\u6280\u4f01\u696d\u878d\u8cc7\u9996\u9078\u5730\u7684\u5730\u4f4d\u9032\u4e00\u6b65\u978f\u56fa\u3002<\/p>\n<p>\u7b2c18\u7ae0\u7cfb\u5217\u767c\u529b\uff1a\u5171\u670921\u5bb6\u516c\u53f8\u901a\u904e\u7b2c18\u7ae0\u7cfb\u5217\u898f\u5247\u4e0a\u5e02\uff0c\u5176\u4e2d5\u5bb6\u70ba\u7279\u5c08\u79d1\u6280\u516c\u53f8\uff08\u7b2c18C\u7ae0\uff09\u3002\u9019\u4e00\u5236\u5ea6\u5275\u65b0\u6210\u529f\u5438\u5f15\u4e86\u786c\u79d1\u6280\u4f01\u696d\uff0c\u6253\u7834\u4e86\u50b3\u7d71\u76c8\u5229\u9580\u6abb\u7684\u9650\u5236\u3002<\/p>\n<p>\u5de8\u982d\u56de\u6b78\u8207\u51fa\u6d77\uff1a\u5e74\u5ea6\u91cd\u78c5\u6848\u4f8b\u983b\u51fa\u3002<strong>\u5be7\u5fb7\u6642\u4ee3\uff08<a href='https:\/\/www.finet.hk\/search?searchbar=03750.HK'>03750.HK<\/a>\uff09<\/strong>\u4ee5410\u5104\u6e2f\u5143\u7684\u52df\u8cc7\u984d\u3001<strong>\u7d2b\u91d1\u9ec3\u91d1\u570b\u969b\uff08<a href='https:\/\/www.finet.hk\/search?searchbar=02259.HK'>02259.HK<\/a>\uff09<\/strong>\u4ee5287\u5104\u6e2f\u5143\u7684\u52df\u8cc7\u984d\uff0c\u96d9\u96d9\u8e8b\u8eab\u5168\u7403\u65b0\u80a1\u96c6\u8cc7\u984d\u524d\u4e94\u3002\u9019\u4e0d\u50c5\u63d0\u5347\u4e86\u5e02\u5834\u6d41\u52d5\u6027\uff0c\u66f4\u6975\u5927\u5730\u63d0\u632f\u4e86\u6295\u8cc7\u8005\u4fe1\u5fc3\u3002<\/p>\n<p>\u4f86\u6e90\u5730\u591a\u5143\u5316\uff1a\u6e2f\u80a1\u7684\u300c\u670b\u53cb\u5708\u300d\u9032\u4e00\u6b65\u64f4\u5927\uff0c\u6210\u529f\u5438\u5f15\u4e86\u4f86\u81ea\u54c8\u85a9\u514b\u65af\u5766\u3001\u65b0\u52a0\u5761\u3001\u6cf0\u570b\u548c\u963f\u806f\u914b\u7b49\u300c\u4e00\u5e36\u4e00\u8def\u300d\u6cbf\u7dda\u53ca\u65b0\u8208\u5e02\u5834\u7684\u767c\u884c\u4eba\uff0c\u570b\u969b\u5316\u8272\u5f69\u6108\u767c\u6fc3\u539a\u3002<\/p>\n<p>\u9664\u4e86IPO\uff0c\u5b58\u91cf<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e4%b8%8a%e5%b8%82%e5%85%ac%e5%8f%b8\" title=\"View all posts in \u4e0a\u5e02\u516c\u53f8\" target=\"_blank\" class=\"tag_link\">\u4e0a\u5e02\u516c\u53f8<\/a>\u7684\u518d\u878d\u8cc7\u9700\u6c42\u4e5f\u57282025\u5e74\u5f97\u5230\u5145\u5206\u91cb\u653e\u3002\u5168\u5e74\u518d\u878d\u8cc7\u7c4c\u96c6\u8cc7\u91d15,146\u5104\u6e2f\u5143\uff0c\u5176\u4e2d\u6bd4\u4e9e\u8fea\uff08<a href='https:\/\/www.finet.hk\/search?searchbar=01211.HK'>01211.HK<\/a>\uff09\uff08435\u5104\u6e2f\u5143\uff09\u548c<strong><a href=\"https:\/\/www.alphaseek.cn\/?tag=%e5%b0%8f%e7%b1%b3\" title=\"View all posts in \u5c0f\u7c73\" target=\"_blank\" class=\"tag_link\">\u5c0f\u7c73<\/a>\uff08<a href='https:\/\/www.finet.hk\/search?searchbar=01810.HK'>01810.HK<\/a>\uff09<\/strong>\uff08426\u5104\u6e2f\u5143\uff09\u7684\u5de8\u984d\u878d\u8cc7\u6848\uff0c\u5f70\u986f\u4e86\u9f8d\u982d\u4f01\u696d\u5728\u6e2f\u878d\u8cc7\u7684\u5f37\u5927\u80fd\u529b\u3002<\/p>\n<p>\u4ea4\u6613\u7aef\u66f4\u662f\u5168\u9762\u958b\u82b1\uff1a<\/p>\n<p>\u73fe\u8ca8\u5e02\u5834\uff1a\u806f\u4ea4\u6240\u65e5\u5747\u6210\u4ea4\u984d\u90542,498\u5104\u6e2f\u5143\uff0c\u540c\u6bd4\u589e\u957789.53%\u3002<\/p>\n<p>\u4e92\u806f\u4e92\u901a\uff1a\u5317\u5411\u4ea4\u6613\u65e5\u5747\u6210\u4ea4\u984d\u589e\u957741.51%\u81f32,124\u5104\u5143\u4eba\u6c11\u5e63\uff1b\u6e2f\u80a1\u901a\uff08\u5357\u4e0b\u8cc7\u91d1\uff09\u8868\u73fe\u6700\u70ba\u6436\u773c\uff0c\u65e5\u5747\u6210\u4ea4\u984d\u6fc0\u589e151.24%\u81f31,211\u5104\u6e2f\u5143\u3002<\/p>\n<p>\u5357\u4e0b\u8cc7\u91d1\u7684\u91cd\u8981\u6027\u6216\u9032\u4e00\u6b65\u4e0a\u5347\uff0c\u6e2f\u80a1\u901a\u4f54\u9999\u6e2f\u5e02\u5834\u6210\u4ea4\u984d\u7684\u767e\u5206\u6bd4\u9032\u4e00\u6b65\u63d0\u9ad8\u81f320%\u4ee5\u4e0a\uff0c\u6839\u64da\u6211\u5011\u7684\u4f30\u7b97\uff0c2025\u5e74\u6574\u9ad4\u4f54\u6bd4\u6216\u9054\u523024.24%\uff0c\u76f8\u8f032024\u5e74\u6216\u70ba18.29%\u3002<\/p>\n<p><img loading=\"lazy\" height=\"557\" src=\"https:\/\/images.finet.hk\/photoLib\/content\/202602_1\/d4a151bf-9b74-4199-9318-e116618ce466.png\" width=\"760\" alt=\"\u6e2f\u4ea4\u6240\u696d\u7e3e\u5275\u65b0\u9ad8\uff0c\u4f46\u7f8e\u4e2d\u4ea6\u6709\u4e0d\u8db3\u539f\u5275\" style=\"display:block; margin-left:auto; margin-right:auto; \" \/><\/p>\n<p>2025\u5e74\u6eec\u6df1\u6e2f\u901a2025\u5e74\u5168\u5e74\u6536\u5165\u540c\u6bd4\u589e\u957757.33%\uff0c\u81f343.17\u5104\u6e2f\u5143\uff0c\u4f54\u6e2f\u4ea4\u6240\u7e3d\u6536\u5165\u7684\u6bd4\u91cd\u75312024\u5e74\u768412.26%\u9032\u4e00\u6b65\u4e0a\u5347\u81f314.80%\u3002<\/p>\n<p><img loading=\"lazy\" height=\"553\" src=\"https:\/\/images.finet.hk\/photoLib\/content\/202602_1\/4239ba8c-3e9e-41f0-a47b-cd94d024b783.png\" width=\"828\" alt=\"\u6e2f\u4ea4\u6240\u696d\u7e3e\u5275\u65b0\u9ad8\uff0c\u4f46\u7f8e\u4e2d\u4ea6\u6709\u4e0d\u8db3\u539f\u5275\" style=\"display:block; margin-left:auto; margin-right:auto; \" \/><\/p>\n<p>\u5546\u54c1\u5e02\u5834\uff1aLME\uff08\u502b\u6566\u91d1\u5c6c\u4ea4\u6613\u6240\uff09\u6536\u8cbb\u4ea4\u6613\u91d1\u5c6c\u5408\u7d04\u65e5\u5747\u6210\u4ea4\u91cf\u5168\u5e74\u589e\u95777.98%\uff0c\u5c24\u5176\u5728\u9285\u3001\u93b3\u3001\u92c1\u7b49\u54c1\u7a2e\u4e0a\u4ea4\u6295\u6d3b\u8e8d\u3002<\/p>\n<p>\u5f97\u76ca\u65bc\u4ea4\u6613\u91cf\u7684\u4e95\u5674\uff0c\u6e2f\u4ea4\u62402025\u5e74\u8ca1\u52d9\u8868\u73fe\u5f37\u52c1\u30022025\u5e74\uff0c\u6e2f\u4ea4\u6240\u7684\u4e3b\u8981\u696d\u52d9\u6536\u5165\u540c\u6bd4\u589e\u957731.83%\uff0c\u81f3271.03\u5104\u6e2f\u5143\uff0c\u516c\u53f8\u8cc7\u91d1\u7684\u6295\u8cc7\u6536\u76ca\u540c\u6bd4\u589e\u95776.98%\uff0c\u81f318.70\u5104\u6e2f\u5143\uff1bEBITDA\u540c\u6bd4\u589e\u957740.02%\uff0c\u81f3227.96\u5104\u6e2f\u5143\uff1b\u80a1\u6771\u61c9\u4f54\u6ea2\u5229\u540c\u6bd4\u589e\u957736.05%\uff0c\u81f3177.54\u5104\u6e2f\u5143\u3002<\/p>\n<p><strong>\u96b1\u6182\u6d6e\u73fe\uff1a2025\u5e74\u7b2c4\u5b63\u7684\u300c\u4e0d\u8db3\u300d<\/strong><\/p>\n<p>\u5118\u7ba1\u5168\u5e74\u6578\u64da\u4eae\u773c\uff0c\u4f46\u6df1\u5165\u5256\u67902025\u5e74\u7b2c\u56db\u5b63\u7684\u8ca1\u5831\u7d30\u7bc0\uff0c\u6211\u5011\u7559\u610f\u5230\u5e02\u5834\u71b1\u5ea6\u5728\u5e74\u672b\u51fa\u73fe\u4e86\u660e\u986f\u7684\u9000\u6f6e\u8ff9\u8c61\u3002\u9019\u7a2e\u300c\u524d\u9ad8\u5f8c\u4f4e\u300d\u7684\u8d70\u52e2\uff0c\u70ba2026\u5e74\u7684\u958b\u5c40\u8499\u4e0a\u4e86\u4e00\u5c64\u9670\u5f71\u3002<\/p>\n<p>2025\u5e74\u7b2c4\u5b63\u6578\u64da\u986f\u793a\uff0c\u6e2f\u80a1\u5e02\u5834\u7684\u4ea4\u6295\u60c5\u7dd2\u986f\u8457\u964d\u6eab\uff1a<\/p>\n<p>\u7b2c4\u5b63\u806f\u4ea4\u6240\u65e5\u5747\u6210\u4ea4\u984d\u70ba2,298\u5104\u6e2f\u5143\uff0c\u96d6\u540c\u6bd4\u4ecd\u6709\u589e\u9577\uff0c\u4f46\u6309\u5b63\u5927\u5e45\u4e0b\u6ed119.76%\uff0c\u4e14\u4f4e\u65bc\u5168\u5e74\u5e73\u5747\u6c34\u5e73\u3002<\/p>\n<p>\u4e92\u806f\u4e92\u901a\u4ea4\u6613\u9047\u51b7\uff1a\u5317\u5411\u4ea4\u6613\u65e5\u5747\u6210\u4ea4\u984d\u6309\u5b63\u4e0b\u964d13.99%\uff1b\u66f4\u70ba\u56b4\u5cfb\u7684\u662f\uff0c\u6e2f\u80a1\u901a\u65e5\u5747\u6210\u4ea4\u984d\u6309\u5b63\u66b4\u8dcc30.69%\u3002\u9019\u8868\u660e\u4f5c\u70ba\u53bb\u5e74\u6700\u5927\u589e\u91cf\u8cc7\u91d1\u7684\u5357\u4e0b\u8cc7\u91d1\uff0c\u5728\u5e74\u672b\u9078\u64c7\u4e86\u7372\u5229\u4e86\u7d50\u6216\u89c0\u671b\u3002<\/p>\n<p>\u53d7\u6b64\u5f71\u97ff\uff0c2025\u5e74\u7b2c4\u5b63\uff0c\u6e2f\u4ea4\u6240\u7684\u4e3b\u8981\u696d\u52d9\u6536\u5165\u50c566.65\u5104\u6e2f\u5143\uff0c\u6309\u5b63\u4e0b\u964d10.94%\uff0c\u540c\u6bd4\u589e\u901f\u4e5f\u653e\u7de9\u81f310.77%\uff0c\u9060\u4f4e\u65bc\u5168\u5e74\u589e\u5e4531.83%\u3002<\/p>\n<p>\u503c\u5f97\u6ce8\u610f\u7684\u662f\uff0c\u7b2c4\u5b63\u7684\u80a1\u6771\u61c9\u4f54\u6ea2\u5229\u70ba43.35\u5104\u6e2f\u5143\uff0c\u6309\u5b63\u4e0b\u964d11.53%\uff0c\u96d6\u7136\u6574\u9ad4\u5229\u6f64\u4ecd\u4fdd\u6301\u540c\u6bd4\u589e\u957714.68%\uff0c\u4f46\u9019\u4e00\u589e\u9577\u5728\u5f88\u5927\u7a0b\u5ea6\u4e0a\u4f9d\u8cf4\u65bc\u516c\u53f8\u8cc7\u91d1\u6295\u8cc7\u6536\u76ca\u7684\u7206\u767c&mdash;&mdash;\u8a72\u55ae\u9805\u6536\u76ca\u6309\u5b63\u5927\u589e125.20%\u81f35.72\u5104\u6e2f\u5143\u3002\u82e5\u5254\u9664\u6295\u8cc7\u6536\u76ca\u7684\u64fe\u52d5\uff0c\u6838\u5fc3\u4ea4\u6613\u696d\u52d9\u5728\u7b2c4\u5b63\u7684\u5be6\u969b\u76c8\u5229\u80fd\u529b\u6216\u9762\u81e8\u8f03\u5927\u6311\u6230\u3002<\/p>\n<p>\u5728\u5168\u7dda\u6536\u7e2e\u7684\u80cc\u666f\u4e0b\uff0cLME\u5546\u54c1\u5e02\u5834\u6210\u70ba\u7b2c4\u5b63\u7684\u552f\u4e00\u4eae\u9ede\u3002\u6536\u8cbb\u4ea4\u6613\u91d1\u5c6c\u5408\u7d04\u65e5\u5747\u6210\u4ea4\u91cf\u540c\u6bd4\u5927\u589e17.37%\uff0c\u6216\u4e3b\u8981\u5f97\u76ca\u65bc\u92c1\u3001\u9285\u7b49\u57fa\u672c\u91d1\u5c6c\u5728\u5e74\u672b\u7684\u4ea4\u6295\u8f49\u5f37\u3002\u9019\u5370\u8b49\u4e86\u6e2f\u4ea4\u6240\u591a\u5143\u5316\u6230\u7565\u4e2d\uff0c\u5546\u54c1\u677f\u584a\u4f5c\u70ba\u300c\u7a69\u5b9a\u5668\u300d\u7684\u4f5c\u7528\u6b63\u5728\u986f\u73fe\u3002<\/p>\n<p><strong>\u6230\u7565\u7e31\u6df1\uff1a\u751f\u614b\u69cb\u5efa\u8207\u653f\u7b56\u7d05\u5229<\/strong><\/p>\n<p>\u9762\u5c0d\u5e02\u5834\u6ce2\u52d5\uff0c\u6e2f\u4ea4\u6240\u57282025\u5e74\u4f75\u672a\u6b62\u6b65\u65bc\u4ea4\u6613\u6578\u64da\u7684\u8ffd\u9010\uff0c\u800c\u662f\u5728\u751f\u614b\u5efa\u8a2d\u4e0a\u6df1\u8015\u7d30\u4f5c\uff0c\u70ba\u9577\u9060\u767c\u5c55\u7bc9\u7262\u8b77\u57ce\u6cb3\u3002<\/p>\n<p>\u7d50\u7b97\u8207\u56fa\u6536\u751f\u614b\u5708\uff1a\u6230\u7565\u6295\u8cc7\u8fc5\u6e05\u7d50\u7b97\uff08\u8cfc\u516520%\u80a1\u6b0a\uff09\uff0c\u4f75\u8207\u91d1\u7ba1\u5c40\u6df1\u5316\u5408\u4f5c\uff0c\u65e8\u5728\u6253\u901a\u56fa\u6536\u53ca\u8ca8\u5e63\u7522\u54c1\u7684\u5835\u9ede\uff0c\u63d0\u5347\u9999\u6e2f\u4f5c\u70ba\u96e2\u5cb8\u4eba\u6c11\u5e63\u6a1e\u7d10\u7684\u529f\u80fd\u3002<\/p>\n<p>\u5546\u54c1\u7248\u5716\u64f4\u5f35\uff1aLME\u5009\u5132\u7db2\u7d61\u65b0\u589e\u8a8d\u53ef\u4ea4\u5272\u5730\u9ede\uff0c\u9032\u4e00\u6b65\u6df1\u5316\u4e2d\u6771\u696d\u52d9\u806f\u7cfb\uff0c\u8a66\u5716\u5728\u5168\u7403\u4f9b\u61c9\u93c8\u91cd\u69cb\u4e2d\u4f54\u64da\u66f4\u6709\u5229\u7684\u7bc0\u9ede\u3002<\/p>\n<p>\u653f\u7b56\u9806\u98a8\u8eca\uff1a2026\u5e74\u6700\u65b0\u7684\u9999\u6e2f\u8ca1\u653f\u9810\u7b97\u6848\u91cb\u653e\u4e86\u5f37\u70c8\u5229\u597d\u4fe1\u865f\uff0c\u5305\u62ec\u512a\u5316\u4e0a\u5e02\u5236\u5ea6\u3001\u64f4\u5927\u4e92\u806f\u4e92\u901a\u3001\u5efa\u7acb\u570b\u969b\u9ec3\u91d1\u4ea4\u6613\u5e02\u5834\uff08\u6709\u671b\u8b93\u6e2f\u4ea4\u6240\u5207\u5165\u8cb4\u91d1\u5c6c\u8cfd\u9053\uff09\uff0c\u4ee5\u53ca\u5728\u6578\u5b57\u8cc7\u7522\u3001\u5bb6\u65cf\u8fa6\u516c\u5ba4\u548c\u8ca1\u5bcc\u7ba1\u7406\u9818\u57df\u7684\u4f48\u5c40\u3002\u9019\u4e9b\u8209\u63aa\u5c07\u70ba\u6e2f\u4ea4\u6240\u6253\u958b\u65b0\u7684\u589e\u9577\u66f2\u7dda\u3002<\/p>\n<p>\u76ee\u524d\uff0c\u6e2f\u4ea4\u6240\u624b\u4e2d\u63e1\u6709\u8d85\u904e400\u5b97\u6b63\u5728\u8655\u7406\u4e2d\u7684\u4e0a\u5e02\u7533\u8acb\uff0c\u5132\u5099\u9805\u76ee\u5145\u88d5\uff0c\u70ba2026\u5e74\u7684IPO\u5e02\u5834\u63d0\u4f9b\u4e86\u5805\u5be6\u7684\u652f\u6301\u3002<\/p>\n<p><strong>2026\u5e74\u5c55\u671b\uff1a\u98a8\u66b4\u773c\u4e2d\u7684\u6311\u6230\u8207\u6289\u64c7<\/strong><\/p>\n<p>\u9032\u51652026\u5e74\uff0c\u6e2f\u4ea4\u6240\u96d6\u624b\u63e1\u597d\u724c\uff0c\u4f46\u5176\u6240\u9762\u81e8\u7684\u5916\u90e8\u74b0\u5883\u537b\u6108\u767c\u5fa9\u96dc\u3002<\/p>\n<p><strong>1\uff09\u5b8f\u89c0\u9006\u98a8\uff1a\u5168\u7403\u6d41\u52d5\u6027\u7684\u300c\u7dca\u7b8d\u5492\u300d<\/strong><\/p>\n<p>\u82e5\u7f8e\u806f\u5132\u7dad\u6301\u9ad8\u5229\u7387\u6216\u6536\u7dca\u6d41\u52d5\u6027\uff0c\u5c07\u76f4\u63a5\u63a8\u9ad8\u5168\u7403\u8cc7\u91d1\u6210\u672c\uff0c\u5c0e\u81f4\u65b0\u8208\u5e02\u5834\u8cc7\u91d1\u56de\u6d41\u7f8e\u570b\u3002\u6e2f\u80a1\u4f5c\u70ba\u9ad8\u5ea6\u958b\u653e\u7684\u5e02\u5834\uff0c\u5c0d\u7f8e\u5143\u6d41\u52d5\u6027\u6975\u70ba\u654f\u611f\u3002<\/p>\n<p>\u5728\u65b0\u4efb\u653f\u5e9c\u8207<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e6%97%a5%e6%9c%ac\" title=\"View all posts in \u65e5\u672c\" target=\"_blank\" class=\"tag_link\">\u65e5\u672c<\/a><a href=\"https:\/\/www.alphaseek.cn\/?tag=%e5%a4%ae%e8%a1%8c\" title=\"View all posts in \u592e\u884c\" target=\"_blank\" class=\"tag_link\">\u592e\u884c<\/a>\u7684\u62c9\u92f8\u4e0b\uff0c<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>\u5e63\u503c\u7684\u5287\u70c8\u6ce2\u52d5\u53ef\u80fd\u5f15\u767c\u5927\u898f\u6a21\u7684\u5957\u5229\u4ea4\u6613\u5e73\u5009\u6f6e\uff0c\u9032\u800c\u885d\u64ca\u5305\u62ec\u6e2f\u80a1\u5728\u5167\u7684\u65b0\u8208\u5e02\u5834\u80a1\u5e02\uff0c\u9020\u6210\u77ed\u671f\u5167\u7684\u6d41\u52d5\u6027\u67af\u7aed\u548c\u8cc7\u7522\u50f9\u683c\u5287\u70c8\u9707\u76ea\u3002<\/p>\n<p><strong>2\uff09\u7368\u89d2\u7378\u8679\u5438\u6548\u61c9\uff1a\u7f8e\u80a1\u7684\u5f37\u529b\u7af6\u722d<\/strong><\/p>\n<p>2026\u5e74\u53ef\u80fd\u662f\u5168\u7403\u79d1\u6280\u5de8\u982d\u7684\u4e0a\u5e02\u5927\u5e74\u3002SpaceX\u3001Anthropic\u6975\u5927\u6982\u7387\u767b\u9678\u7f8e\u80a1\uff0c<a href=\"https:\/\/www.alphaseek.cn\/?tag=openai\" title=\"View all posts in OpenAI\" target=\"_blank\" class=\"tag_link\">OpenAI<\/a>\u4e5f\u6709\u4e0a\u5e02\u8a08\u5283\u3002\u9019\u4e9b\u842c\u5104\u7d1a\u4f30\u503c\u7684\u8d85\u7d1a\u7368\u89d2\u7378\uff0c\u5c07\u5c0d\u5168\u7403\u8cc7\u672c\u7522\u751f\u5de8\u5927\u7684\u8679\u5438\u6548\u61c9\u3002<\/p>\n<p>\u5168\u7403\u6709\u9650\u7684\u98a8\u96aa\u504f\u597d\u8cc7\u91d1\u53ef\u80fd\u512a\u5148\u6d41\u5411\u9019\u4e9b\u7f8e\u80a1\u6a19\u7684\uff0c\u5c0e\u81f4\u65b0\u8208\u5e02\u5834\uff08\u5305\u62ec\u6e2f\u80a1\uff09\u9762\u81e8\u300c\u5931\u8840\u300d\u98a8\u96aa\u3002<\/p>\n<p>\u82e5\u7f8e\u80a1\u79d1\u6280\u80a1\u56e0\u5de8\u982d\u4e0a\u5e02\u800c\u4f30\u503c\u91cd\u5851\uff0c\u6e2f\u80a1\u540c\u985e\u79d1\u6280\u80a1\u7684\u4f30\u503c\u9ad4\u7cfb\u4e5f\u5c07\u53d7\u5230\u58d3\u5236\uff0c\u589e\u52a0\u65b0\u80a1\u767c\u884c\u7684\u96e3\u5ea6\u3002<\/p>\n<p><strong>3\uff09\u5167\u90e8\u96b1\u6182\uff1a\u4f9b\u7d66\u904e\u5269\u8207\u4f30\u503c\u7a00\u91cb<\/strong><\/p>\n<p>2025\u5e74\u6e2f\u4ea4\u6240IPO\u7684\u7206\u767c\u5f0f\u589e\u9577\u662f\u4e00\u628a\u96d9\u5203\u528d\u3002<\/p>\n<p>2026\u5e74\u82e5\u7e7c\u7e8c\u7dad\u6301\u9ad8\u5f37\u5ea6\u7684IPO\u767c\u884c\uff08\u5c24\u5176\u662f\u90a3400\u591a\u5b97\u5132\u5099\u9805\u76ee\u96c6\u4e2d\u91cb\u653e\uff09\uff0c\u800c\u4e8c\u7d1a\u5e02\u5834\u627f\u63a5\u529b\u56e0\u5b8f\u89c0\u74b0\u5883\u6e1b\u5f31\uff0c\u53ef\u80fd\u5c0e\u81f4\u4f9b\u9700\u5931\u8861\u3002<\/p>\n<p>\u5feb\u901f\u64f4\u5bb9\u4e0b\uff0c\u4e0a\u5e02\u516c\u53f8\u8cea\u91cf\u96e3\u514d\u53c3\u5dee\u4e0d\u9f4a\u3002\u82e5\u65b0\u80a1\u6301\u7e8c\u7834\u767c\u6216\u696d\u7e3e\u8b8a\u81c9\uff0c\u5c07\u6253\u64ca\u6295\u8cc7\u8005\u4fe1\u5fc3\uff0c\u5c0e\u81f4\u5e02\u5834\u6574\u9ad4\u4f30\u503c\u4e2d\u6a1e\u4e0b\u79fb\u3002<\/p>\n<p><strong>\u7d50\u8a9e\uff1a\u5728\u6ce2\u52d5\u4e2d\u5c0b\u627e\u78ba\u5b9a\u6027<\/strong><\/p>\n<p>2025\u5e74\u662f\u6e2f\u4ea4\u6240\u7684\u9ad8\u5149\u4e4b\u5e74\uff0c\u5b83\u7528\u5168\u7403\u7b2c\u4e00\u7684\u52df\u8cc7\u984d\u8b49\u660e\u4e86\u5176\u4f5c\u70ba\u4e2d\u570b\u8cc7\u7522\u8207\u4e16\u754c\u8cc7\u672c\u9023\u63a5\u5668\u7684\u6838\u5fc3\u50f9\u503c\u3002\u7136\u800c\uff0c\u7b2c4\u5b63\u7684\u56de\u8abf\u4f75\u975e\u5076\u7136\uff0c\u5b83\u662f\u5e02\u5834\u5c0d\u904e\u5ea6\u6a02\u89c0\u60c5\u7dd2\u7684\u4fee\u6b63\uff0c\u4e5f\u662f\u5c0d\u5373\u5c07\u5230\u4f86\u76842026\u5e74\u6311\u6230\u7684\u9810\u6f14\u30022026\u5e74\u4ee5\u4f86\uff0c\u6052\u751f\u6307\u6578\u7d2f\u8a08\u4e0a\u6f322.93%\uff0c\u8207\u7f8e\u80a1\u7684\u6574\u9ad4\u8868\u73fe\u76f8\u82e5\uff0c\u9053\u6307\u4eca\u5e74\u4ee5\u4f86\u7d2f\u6f322.95%\uff0c\u6a19\u666e500\u6307\u6578\u7d2f\u6f321.47%\uff1b\u4f46\u6052\u751f\u79d1\u6280\u6307\u6578\u5247\u7d2f\u8dcc7.37%\uff0c\u8dd1\u8f38\u7f8e\u80a1\u8868\u73fe\uff0c\u7d0d\u65af\u9054\u514b\u6307\u6578\u50c5\u7d2f\u8dcc0.39%\u3002<\/p>\n<p>\u4e0d\u904e\uff0c\u6211\u5011\u4e5f\u7559\u610f\u5230\uff0c\u4eca\u5e74\u4ee5\u4f86\u6e2f\u80a1\u5e02\u5834\u7684\u65e5\u5747\u6210\u4ea4\u984d\u4ecd\u8f03\u70ba\u5f37\u52c1\u3002\u6839\u64daWind\u7684\u6578\u64da\u4f30\u7b97\uff0c\u622a\u81f32026\u5e742\u670826\u65e5\uff0c\u6e2f\u80a1\u5e02\u5834\u7684\u65e5\u5747\u6210\u4ea4\u984d\u6216\u70ba1,996.51\u5104\u6e2f\u5143\uff0c\u8f03\u4e0a\u5e74\u540c\u671f\u9ad8\u51fa21.99%\uff0c\u4e5f\u8f03\u524d\u5169\u500b\u6708\uff08\u53732025\u5e7411\u6708\u548c12\u6708\uff09\u9ad8\u51fa25.35%\u3002<\/p>\n<p>\u5c0d\u65bc\u6e2f\u4ea4\u6240\u800c\u8a00\uff0c2026\u5e74\u7684\u95dc\u9375\u8a5e\u5c07\u662f&quot;\u97cc\u6027&quot;\u3002\u4e00\u65b9\u9762\uff0c\u9700\u5145\u5206\u5229\u7528\u8ca1\u653f\u9810\u7b97\u6848\u7684\u653f\u7b56\u7d05\u5229\uff0c\u52a0\u901f\u9ec3\u91d1\u4ea4\u6613\u3001\u6578\u5b57\u8cc7\u7522\u7b49\u65b0\u8cfd\u9053\u7684\u843d\u5730\uff0c\u6e1b\u5c11\u5c0d\u50b3\u7d71\u80a1\u7968\u4ea4\u6613\u7684\u55ae\u4e00\u4f9d\u8cf4\uff1b\u53e6\u4e00\u65b9\u9762\uff0c\u9700\u5728IPO\u7bc0\u594f\u628a\u63a7\u4e0a\u66f4\u52a0\u7cbe\u7d30\u5316\uff0c\u5e73\u8861\u878d\u8cc7\u9700\u6c42\u8207\u5e02\u5834\u627f\u8f09\u529b\uff0c\u907f\u514d\u300c\u5927\u6c34\u6f2b\u704c\u300d\u5f8c\u7684\u4f30\u503c\u574d\u584c\u3002<\/p>\n<p>\u5728\u5168\u7403\u8cc7\u672c\u535a\u5f08\u52a0\u5287\u3001\u7f8e\u80a1\u5de8\u982d\u864e\u8996\u7708\u7708\u7684\u80cc\u666f\u4e0b\uff0c\u6e2f\u80a1\u5e02\u5834\u6216\u8a31\u96e3\u4ee5\u91cd\u73fe2025\u5e74\u524d\u4e09\u5b63\u7684\u72c2\u71b1\uff0c\u4f46\u53ea\u8981\u5805\u5b88\u5236\u5ea6\u5275\u65b0\u3001\u6df1\u5316\u4e92\u806f\u4e92\u901a\u3001\u670d\u52d9\u597d\u5be6\u9ad4\u7d93\u6fdf\uff0c\u6e2f\u4ea4\u6240\u4f9d\u7136\u80fd\u5728\u98a8\u66b4\u773c\u4e2d\u627e\u5230\u78ba\u5b9a\u7684\u822a\u5411\u3002<\/p>\n<p>(\u6765\u6e90:\u8d22\u534e\u793e)                          <\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div><a href=\"https:\/\/www.finet.hk\/search?searchbar=%E6%B8%AF%E4%BA%A4%E6%89%80\">\u6e2f\u4ea4\u6240<\/a> <a href=\"https:\/\/www.finet.hk\/search?searchbar=IPO\">IPO<\/a> <a href=\"https:\/\/www.finet.hk\/search?searchbar=%E4%BA%92%E8%81%AF%E4%BA%92%E9%80%9A\">\u4e92\u806f\u4e92\u901a<\/a> <\/div>\n<div>\n<div>  <script async type='text\/javascript'>  if(\"B\" == 'S' && $(window).width() < 1024){  }  else{  <a href=\"https:\/\/www.alphaseek.cn\/?tag=google\" title=\"View all posts in google\" target=\"_blank\" class=\"tag_link\">google<\/a>tag.cmd.push(function() { googletag.display(''); });  }  <\/script>  <\/div>\n<\/div>\n<div><\/div>\n<div>\n<div>\n<h3>\u4e0a\u4e00\u7bc7\u65b0\u805e<\/h3>\n<p><a href=\"https:\/\/www.finet.hk\/newscenter\/news_content\/69a0086c230829d985fc4d61\">\u3010\u6e2f\u80a1\u6536\u8a55\u3011\u4e09\u5927\u6307\u6578\u96c6\u9ad4\u4e0b\u884c\uff01\u91ab\u85e5\u80a1\u666e\u8dcc\uff0c\u96fb\u529b\u80a1\u9006\u5e02\u4e0a\u63da<\/a>                    <\/div>\n<div>                                              <\/div>\n<\/p><\/div>\n<div>\n<h3>\u76f8\u95dc\u6587\u7ae0<\/h3>\n<dl>\n<dt>2\u5c0f\u6642\u524d<br \/><span><\/span><\/dt>\n<dd><a href=\"https:\/\/www.finet.hk\/newscenter\/news_content\/69a0086c230829d985fc4d61\">\u3010\u6e2f\u80a1\u6536\u8a55\u3011\u4e09\u5927\u6307\u6578\u96c6\u9ad4\u4e0b\u884c\uff01\u91ab\u85e5\u80a1\u666e\u8dcc\uff0c\u96fb\u529b\u80a1\u9006\u5e02\u4e0a\u63da<\/a><\/dd>\n<dt>4\u5c0f\u6642\u524d<br \/><span><\/span><\/dt>\n<dd><a href=\"https:\/\/www.finet.hk\/newscenter\/news_content\/699fe815230829d985fc4d5f\">\u651c\u7a0b2025\u5e74\u8ca1\u5831\u51fa\u7210\uff0cQ4\u696d\u7e3e\u627f\u58d3\uff01\u80a1\u50f9\u8dcc\u903e3.5%<\/a><\/dd>\n<dt>5\u5c0f\u6642\u524d<br \/><span><\/span><\/dt>\n<dd><a href=\"https:\/\/www.finet.hk\/newscenter\/news_content\/699fdf54230829d985fc4d5e\">\u5148\u8072\u85e5\u696d\u767c\u5e03\u76c8\u559c\u516c\u544a\uff0c\u80a1\u50f9\u7adf\u8dcc\u8d855%<\/a><\/dd>\n<dt>23\u5c0f\u6642\u524d<br \/><span><\/span><\/dt>\n<dd><a href=\"https:\/\/www.finet.hk\/newscenter\/news_content\/699ed9cb5a7712d426db27be\">\u4e0a\u6d77\u767c\u4f48\u91cd\u78c5\u6a13\u5e02\u65b0\u653f\uff01\u5730\u7522\u80a1\u5927\u6f32\uff0c\u5e02\u5834\u4fe1\u5fc3\u56de\u4f86\uff1f<\/a><\/dd>\n<dt>\u6628\u5929<br \/><span><\/span><\/dt>\n<dd><a href=\"https:\/\/www.finet.hk\/newscenter\/news_content\/699d94535a7712aa9ece89e4\">\u4e2d\u570b\u4e2d\u514dA\u3001H\u80a1\u96d9\u96d9\u5927\u8dcc\uff01\u539f\u56e0\u4f55\u5728\uff1f<\/a><\/dd>\n<dt>\u524d\u5929<br \/><span><\/span><\/dt>\n<dd><a href=\"https:\/\/www.finet.hk\/newscenter\/news_content\/699d863d5a7712aa9ece89e2\">\u57c3\u65af\u9813\u8d74\u6e2f\u4e0a\u5e02\uff1a\u9f8d\u982d\u7684\u5168\u7403\u5316\u91ce\u5fc3\u8207\u8ca1\u52d9\u96b1\u6182<\/a><\/dd>\n<dt>\u524d\u5929<br \/><span><\/span><\/dt>\n<dd><a href=\"https:\/\/www.finet.hk\/newscenter\/news_content\/699d64eb2308294b7a51104f\">\u3010\u6e2f\u80a1\u6536\u8a55\u3011\u4e09\u5927\u6307\u6578\u96c6\u9ad4\u8abf\u6574\uff01\u6a5f\u5668\u4eba\u3001\u5f71\u8996\u3001\u91ab\u85e5\u80a1\u666e\u8dcc<\/a><\/dd>\n<dt>\u524d\u5929<br \/><span><\/span><\/dt>\n<dd><a href=\"https:\/\/www.finet.hk\/newscenter\/news_content\/699d52992308294b7a51104d\">\u4e00\u5ea6\u66b4\u6f3253.2%\uff01\u6613\u4e3b\u5f8c\u706b\u901f\u6dd8\u91d1\u7926\uff0c\u611b\u5fb7\u65b0\u80fd\u6e90\u7684\u72c2\u6b61\u8207\u96b1\u6182<\/a><\/dd>\n<dt>\u524d\u5929<br \/><span><\/span><\/dt>\n<dd><a href=\"https:\/\/www.finet.hk\/newscenter\/news_content\/699c44cb5a77128f6707a850\">\u3010\u8de8\u5e02\u806f\u52d5\u3011\u6625\u7bc0\u6e2f\u80a1\u68b3\u7406\uff0c\u7bc0\u5f8c\u5e02\u5834\u5c55\u671b\uff0cA\u80a1\u660e\u65e5\u958b\u9580\u7d05\u53ef\u671f\uff1f<\/a><\/dd>\n<dt>\u524d\u5929<br \/><span><\/span><\/dt>\n<dd><a href=\"https:\/\/www.finet.hk\/newscenter\/news_content\/699c40e55a77128f6707a84f\">\u5149\u901a\u4fe1\u677f\u584a\u7206\u767c\uff01\u6625\u7bc0\u300c\u4e0d\u6253\u70ca\u300d\uff0cAI\u5149\u6a21\u584a\u8a02\u55ae\u5927\u589e<\/a><\/dd>\n<\/dl><\/div>\n","protected":false},"excerpt":{"rendered":"<p>\u6e2f\u4ea4\u6240\u696d\u7e3e\u5275\u65b0\u9ad8\uff0c\u4f46\u7f8e\u4e2d\u4ea6\u6709\u4e0d\u8db3 \u539f\u5275 \u65e5\u671f\uff1a 2026\u5e742\u670826\u65e5 \u4e0b\u53487:04 2025\u5e74\u5c0d\u65bc\u9999\u6e2f\u4ea4\u6613\u6240\uff08 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[7],"tags":[258,271,57,378,195,264,308,43,58,95,290,350,179,33,29],"views":29,"_links":{"self":[{"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=\/wp\/v2\/posts\/731465"}],"collection":[{"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=731465"}],"version-history":[{"count":0,"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=\/wp\/v2\/posts\/731465\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=731465"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=731465"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=731465"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}