{"id":744509,"date":"2026-03-13T09:41:37","date_gmt":"2026-03-13T01:41:37","guid":{"rendered":"https:\/\/www.alphaseek.cn\/?p=744509"},"modified":"2026-03-13T09:41:37","modified_gmt":"2026-03-13T01:41:37","slug":"%e4%b8%ad%e6%b3%b0%e5%9c%8b%e9%9a%9b%e6%af%8f%e6%97%a5%e6%99%a8%e8%a8%8a%ef%bc%882026%e5%b9%b43%e6%9c%8813%e6%97%a5%ef%bc%89","status":"publish","type":"post","link":"https:\/\/www.alphaseek.cn\/?p=744509","title":{"rendered":"\u4e2d\u6cf0\u570b\u969b\u6bcf\u65e5\u6668\u8a0a\uff082026\u5e743\u670813\u65e5\uff09"},"content":{"rendered":"<div>\n<div>\n<div>\n<div>\n<h1>\u4e2d\u6cf0\u570b\u969b\u6bcf\u65e5\u6668\u8a0a\uff082026\u5e743\u670813\u65e5\uff09<\/h1>\n<p>                                <a href=\"https:\/\/www.finet.hk\/newscenter\/print_content\/69b35a00800d45f2308f7199\" target=\"_blank\" rel=\"noopener\"><i title=\"\u6253\u5370\"><\/i><\/a>                            <\/div>\n<div>\n<div>\n<div>                                                                                      <span>\u65e5\u671f\uff1a<\/span>                                              <span>2026\u5e743\u670813\u65e5 \u4e0a\u53488:24<\/span>                                                                              <\/div>\n<\/p><\/div>\n<div>                                                                          <a href=\"https:\/\/www.finet.hk\/newscenter\/news_content\/javascript:void(0)\" data-title=\"\u4e2d\u6cf0\u570b\u969b\u6bcf\u65e5\u6668\u8a0a\uff082026\u5e743\u670813\u65e5\uff09\" data-description=\"\u6e2f\u80a1\u6628\u65e5\u89c0\u671b\u60c5\u7dd2\u6fc3\u539a\uff0c\u6700\u7d42\u6052\u6307\u8207\u570b\u4f01\u80a1\u6307\u6578\u5206\u5225\u4e0b\u8dcc0.7%\u82070.1%\uff0c\u6052\u751f\u79d1\u6280\u80a1\u6307\u6578\u8dcc0.5%\u3002\u9f8d\u982d\u79d1\u7db2\u80a1\u9a30\u8a0a\uff08700 HK\uff09\u3001\u767e\u5ea6\uff089888 HK\uff09\u3001\u963f\u88e1\u5df4\u5df4\uff089988 HK\uff09\u3001\u5feb\u624b\uff081024 HK\uff09\u4e0b\u8dcc\u3002\u8457\u540d\u6d88\u8cbb\u80a1\u88d5\u5143\u96c6\u5718(551 HK)\u53bb\u5e74\u76c8\u5229\u4e0b\u8dcc2.9%\uff0c\u80a1\u50f9\u8dcc8.7%\u3002\u4e2d\u6771\u5c40\u52e2\u4e0d\u660e\u570b\u969b\u6cb9\u50f9\u683c\u9ad8\u4f01\uff0c\u4e2d\u77f3\u6cb9\uff08857 HK\uff09\u8207\u4e2d\u6d77\u6cb9\uff08883 HK\uff09\u4e0a\u6f32\u3002\u6b64\u5916\uff0c\u6628\u65e5\u516c\u4f48\u8207\u79ae\u4f86\u5408\u4f5c\u7684CXO\u677f\u584a\u9f8d\u982d\u5eb7\u9f8d\u5316\u6210\uff083759 HK\uff09\u4e0a\u6f328.4%\u3002\" data-image=\"https:\/\/www.finet.hk\/images\/news_default.jpg\" data-returnurl=\"https:\/\/www.finet.hk\/newscenter\/news_content\/69b35a00800d45f2308f7199\" data-href=\"https:\/\/www.finet.hk\/newscenter\/news_content\/69b35a00800d45f2308f7199\" onclick=\"return fbf2_click(this)\"><\/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\"><\/a><\/p>\n<div><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div><\/div>\n<div>                              \u6e2f\u80a1\u6628\u65e5\u89c0\u671b\u60c5\u7dd2\u6fc3\u539a\uff0c\u6700\u7d42\u6052\u6307\u8207\u570b\u4f01\u80a1\u6307\u6578\u5206\u5225\u4e0b\u8dcc0.7%\u82070.1%\uff0c\u6052\u751f\u79d1\u6280\u80a1\u6307\u6578\u8dcc0.5%\u3002\u9f8d\u982d\u79d1\u7db2\u80a1\u9a30\u8a0a\uff08<a href='https:\/\/www.finet.hk\/search?searchbar=700 HK'>700 HK<\/a>\uff09\u3001<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e7%99%be%e5%ba%a6\" title=\"View all posts in \u767e\u5ea6\" target=\"_blank\" class=\"tag_link\">\u767e\u5ea6<\/a>\uff08<a href='https:\/\/www.finet.hk\/search?searchbar=9888 HK'>9888 HK<\/a>\uff09\u3001\u963f\u88e1\u5df4\u5df4\uff08<a href='https:\/\/www.finet.hk\/search?searchbar=9988 HK'>9988 HK<\/a>\uff09\u3001\u5feb\u624b\uff08<a href='https:\/\/www.finet.hk\/search?searchbar=1024 HK'>1024 HK<\/a>\uff09\u4e0b\u8dcc\u3002\u8457\u540d\u6d88\u8cbb\u80a1\u88d5\u5143\u96c6\u5718(<a href='https:\/\/www.finet.hk\/search?searchbar=551 HK'>551 HK<\/a>)\u53bb\u5e74\u76c8\u5229\u4e0b\u8dcc2.9%\uff0c\u80a1\u50f9\u8dcc8.7%\u3002\u4e2d\u6771\u5c40\u52e2\u4e0d\u660e\u570b\u969b\u6cb9\u50f9\u683c\u9ad8\u4f01\uff0c\u4e2d<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e7%9f%b3%e6%b2%b9\" title=\"View all posts in \u77f3\u6cb9\" target=\"_blank\" class=\"tag_link\">\u77f3\u6cb9<\/a>\uff08<a href='https:\/\/www.finet.hk\/search?searchbar=857 HK'>857 HK<\/a>\uff09\u8207\u4e2d\u6d77\u6cb9\uff08<a href='https:\/\/www.finet.hk\/search?searchbar=883 HK'>883 HK<\/a>\uff09\u4e0a\u6f32\u3002\u6b64\u5916\uff0c\u6628\u65e5\u516c\u4f48\u8207\u79ae\u4f86\u5408\u4f5c\u7684CXO\u677f\u584a\u9f8d\u982d\u5eb7\u9f8d\u5316\u6210\uff08<a href='https:\/\/www.finet.hk\/search?searchbar=3759 HK'>3759 HK<\/a>\uff09\u4e0a\u6f328.4%\u3002<\/p>\n<p>\u7f8e\u570b\u80a1\u5e02\u6628\u665a\u6536\u8dcc\uff0c\u76e1\u7ba1\u4e0a\u5468\u9996\u6b21\u7533\u9818\u5931\u696d\u6551\u6fdf\u7684\u4eba\u6578\u7565\u5c11\u65bc\u9810\u671f\uff0c\u4f46\u6230\u722d\u5c40\u52e2\u4ecd\u7126\u707c\uff0c\u4e09\u5927\u6307\u6578\u5206\u5225\u4e0b\u8dcc1.5%-1.8%\u3002\u6709\u6cb9\u8f2a\u5728\u6ce2\u65af\u7063\u88ab\u4f0a\u6717\u7121\u4eba\u8247\u8972\u64ca\u5f8c\uff0c\u82f1\u570b\u570b\u9632\u5927\u81e3John Healey\u6307\u51fa\uff0c\u4f0a\u6717\u5f88\u53ef\u80fd\u6b63\u5728\u970d\u723e\u6728\u8332\u6d77\u5cfd\u4f48\u8a2d\u6c34\u96f7\u3002\u4f0a\u6717\u6700\u9ad8\u9818\u8896\u7a46\u5091\u5854\u5df4\uff08\u54c8\u6885\u5185\u4f0a\u5152\u5b50\uff09\u9996\u6b21\u767c\u8868\u8072\u660e\u8868\u793a\u5fa9\u4ec7\uff0c\u7814\u65b0\u6230\u7dab\uff0c\u95dc\u9589\u970d\u723e\u6728\u8332\u6d77\u5cfd\uff0c\u5411\u6575\u4eba\u65bd\u58d3\uff0c\u4e26\u8b66\u544a\u4e2d\u6771\u5730\u5340\u7684\u6240\u6709\u7f8e\u8ecd\u57fa\u5730\u61c9\u7acb\u5373\u95dc\u9589\uff0c\u5426\u5247\u9019\u4e9b\u57fa\u5730\u5c07\u6703\u906d\u5230\u653b\u64ca\u3002\u6052\u6307\u5e02\u671f\u6307\u6536\u583125,467\u9ede\uff0c\u4f4e\u6c34250\u9ede\uff0c\u6211\u5011\u9810\u8a08\u6e2f\u80a1\u77ed\u671f\u4ecd\u53d7\u6230\u722d\u9032\u5c55\u7684\u5f71\u97ff\u3002<\/p>\n<p>\u5b8f\u89c0\u52d5\u614b\uff1a<\/p>\n<p>\u9999\u6e2f\u653f\u5e9c\u7d71\u8a08\u8655\u767c\u8868\u7684\u696d\u52d9\u6536\u76ca\u6307\u6578\u7684\u81e8\u6642\u6578\u5b57\u986f\u793a\uff0c\u53bb\u5e74\u7b2c\u56db\u5b63\u6309\u5e74\u6bd4\u8f03\uff0c\u5dee\u4e0d\u591a\u6240\u6709\u4e3b\u8981\u670d\u52d9\u884c\u696d\u4ee5\u50f9\u503c\u8a08\u7b97\u7684\u696d\u52d9\u6536\u76ca\uff0c\u5747\u6709\u4e0d\u540c\u7a0b\u5ea6\u7684\u5347\u5e45\u3002\u91d1\u878d\u696d(\u9280\u884c\u9664\u5916)\u7684\u5347\u5e45\u70ba34.7%\u3001\u4fdd\u96aa\u696d\u534731.9%\u3001\u9032\u51fa\u53e3\u8cbf\u6613\u696d\u534720.1%\u53ca\u9280\u884c\u696d\u534716%\u3002<\/p>\n<p>\u7f8e\u570b\u4e0a\u5468\u9996\u6b21\u7533\u5831\u5931\u696d\u4eba\u6578\u70ba21.3\u842c\uff0c\u7565\u5c11\u65bc<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e5%bd%ad%e5%8d%9a\" title=\"View all posts in \u5f6d\u535a\" target=\"_blank\" class=\"tag_link\">\u5f6d\u535a<\/a>\u9810\u6e2c\u548c\u524d\u503c\u768421.4\u842c\u3002<\/p>\n<p>\u884c\u696d\u52d5\u614b\uff1a<\/p>\n<p>\u91ab\u85e5\uff1a\u6628\u65e5\u6052\u751f\u91ab\u7642\u4fdd\u5065\u6307\u6578\u4e0b\u8dcc1.9%\uff0c\u9664\u5eb7\u9f8d\u5316\u6210\uff08<a href='https:\/\/www.finet.hk\/search?searchbar=3759 HK'>3759 HK<\/a>\uff09\u516c\u4f48\u8207\u79ae\u4f86\uff08LLY US\uff09\u5408\u4f5c\u4e0a\u6f32\u5916\uff0c\u4e3b\u8981\u4f01\u696d\u591a\u6578\u4e0b\u8dcc\u3002\u91ab\u85e5\u884c\u696d\u8fd1\u671f\u6d88\u606f\u6de1\u975c\uff0c\u4f46\u6211\u5011\u4ecd\u770b\u597d\u5275\u65b0\u85e5\u8207CXO\u677f\u584a\u9f8d\u982d\u3002\u7f8e\u570b\u79ae\u4f86\uff08LLY US\uff09\u5ba3\u4f48\u672a\u4f8610\u5e7430\u5104\u7f8e\u5143\u4e2d\u570b\u6295\u8cc7\u8a08\u5283\uff0c\u4e5f\u8868\u660e\u4e0d\u7ba1\u5730\u7de3\u653f\u6cbb\u5982\u4f55\u8b8a\u5316\uff0c\u91ab\u7642\u884c\u696d\u9f8d\u982d\u4ecd\u770b\u597d\u4e2d\u570b\u5e02\u5834\uff0c\u4e26\u9858\u610f\u8207\u512a\u8cea\u4e2d\u570b\u9f8d\u982d\u5408\u4f5c\u3002<\/p>\n<p><a href=\"https:\/\/www.alphaseek.cn\/?tag=%e6%96%b0%e8%83%bd%e6%ba%90\" title=\"View all posts in \u65b0\u80fd\u6e90\" target=\"_blank\" class=\"tag_link\">\u65b0\u80fd\u6e90<\/a>\u53ca\u516c\u7528\u4e8b\u696d\uff1a\u6628\u65e5\u65b0<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e8%83%bd%e6%ba%90\" title=\"View all posts in \u80fd\u6e90\" target=\"_blank\" class=\"tag_link\">\u80fd\u6e90<\/a>\u53ca\u516c\u7528\u4e8b\u696d\u677f\u584a\u8868\u73fe\u5206\u5316\u3002\u8fd1\u671f\u53d7\u5230\u7f8e\u4ee5\u4f0a\u6230\u722d\u6301\u7e8c\u5f71\u97ff\uff0c\u50b3\u7d71\u80fd\u6e90(\u77f3\u6cb9\u3001\u5929\u7136\u6c23\u3001\u7164\u70ad)\u50f9\u683c\u4e0a\u5347\uff0c\u4f46\u662f\u76f8\u95dc\u4e0d\u540c\u677f\u584a\u7684\u80a1\u50f9\u8868\u73fe\u5247\u7565\u70ba\u6df7\u4e82\uff0c\u6216\u53cd\u6620\u6295\u8cc7\u8005\u5c0d\u524d\u666f\u770b\u6cd5\u7684\u5dee\u7570\u3002\u98a8\u96fb\u8868\u73fe\u826f\u597d\uff0c\u6216\u53ef\u6309\u90e8\u5206\u4ee3\u66ff\u50b3\u7d71\u80fd\u6e90\u70ba\u7406\u7531\u89e3\u91cb\u3002\u9f8d\u6e90\u96fb\u529b(<a href='https:\/\/www.finet.hk\/search?searchbar=916 HK'>916 HK<\/a>)\u3001\u5927\u5510\u65b0\u80fd\u6e90(<a href='https:\/\/www.finet.hk\/search?searchbar=1798 HK'>1798 HK<\/a>)\u3001\u91d1\u98a8\u79d1\u6280(<a href='https:\/\/www.finet.hk\/search?searchbar=2208 HK'>2208 HK<\/a>)\u4e0a\u6f322.9%-8.2%\u3002\u53ef\u662f\u5206\u5225\u8f03\u53d7\u5929\u7136\u6c23\u53ca\u7164\u70ad\u50f9\u683c\u5f71\u97ff\u7684\u5929\u7136\u6c23\u904b\u71df\u5546\u53ca\u706b\u96fb\u6e2f\u80a1\u537b\u4f9d\u7136\u4e0a\u5347\uff0c\u5247\u8207\u50b3\u7d71\u77ed\u671f\u6295\u8cc7\u908f\u8f2f\u4e0d\u7b26\u3002<\/p>\n<p>\u6c7d\u8eca\u677f\u584a\uff1a\u5468\u56db\u6e2f\u80a1\u6574\u8eca\u7d30\u5206\u677f\u584a\u8dd1\u8d0f\u5176\u4ed6\u5b50\u884c\u696d\u3002\u7406\u60f3\u6c7d\u8eca\uff082015 HK\uff09\u5728\u6536\u76e4\u5f8c\u767c\u4f48\u516c\u544a\uff0c2025\u5e74\u7b2c\u56db\u5b63\u5ea6\u7e3d\u6536\u5165\u540c\u6bd4-35.0%\uff0c\u671f\u5185\u8eca\u8f1b\u6bdb\u5229\u738716.8%\uff0c\u540c\u6bd4-3.1\u767e\u5206\u9ede\uff0c\u74b0\u6bd4+1.3\u767e\u5206\u9ede\u3002\u56db\u5b63\u5ea6Non-GAAP \u6de8\u5229\u6f642.7\u5104\uff0c\u540c\u6bd4-93.2%\uff0c\u74b0\u6bd4-23.7%\u30022025\u5168\u5e74Non-Gaap \u6de8\u5229\u6f64\u540c\u6bd4-77.5%\u3002\u516c\u53f8\u9084\u9810\u544a\u4eca\u5e74\u4e00\u5b63\u5ea6\u6536\u5165\u540c\u6bd4-21.3%\u81f3-16.7%\uff0c\u4e3b\u8981\u7531\u65bc\u92b7\u91cf\u540c\u6bd4\u6e1b\u5c11\u3002\u5e02\u5834\u5c0d\u516c\u53f8\u7684\u696d\u7e3e\u5df2\u7d93\u6709\u5145\u5206\u7684\u9810\u671f\uff0c\u80a1\u50f9\u8fd1\u534a\u5e74\u5185\u5df2\u7d93\u4e0b\u8dcc\u8fd130%\uff1b\u5468\u56db\u5fae\u6f320.4%\u3002\u5176\u4ed6\u65b0\u52e2\u529b\u54c1\u724c\u8dd1\u8d0f\u7406\u60f3\u6c7d\u8eca\uff0c\u5468\u56db\u5206\u5225\u4e0a\u6f320.9%-4.4%\u3002<\/p><\/div>\n<\/p><\/div>\n<\/p><\/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\/69b27ad441dfef7018566463\">\u5ee3\u5408\u79d1\u6280(01989.HK)IPO\u7533\u8cfc\u6307\u5357\uff1a\u5efa\u8b70\u7533\u8cfc<\/a>                    <\/div>\n<div>                                              <\/div>\n<\/p><\/div>\n<div>\n<h3>\u76f8\u95dc\u6587\u7ae0<\/h3>\n<dl>\n<dt>16\u5c0f\u6642\u524d<br \/><span><\/span><\/dt>\n<dd><a href=\"https:\/\/www.finet.hk\/newscenter\/news_content\/69b27ad441dfef7018566463\">\u5ee3\u5408\u79d1\u6280(01989.HK)IPO\u7533\u8cfc\u6307\u5357\uff1a\u5efa\u8b70\u7533\u8cfc<\/a><\/dd>\n<dt>23\u5c0f\u6642\u524d<br \/><span><\/span><\/dt>\n<dd><a href=\"https:\/\/www.finet.hk\/newscenter\/news_content\/69b217ba800d45f2308f7054\">\u4e2d\u6cf0\u570b\u969b\u6bcf\u65e5\u6668\u8a0a\uff082026\u5e743\u670812\u65e5\uff09<\/a><\/dd>\n<dt>23\u5c0f\u6642\u524d<br \/><span><\/span><\/dt>\n<dd><a href=\"https:\/\/www.finet.hk\/newscenter\/news_content\/69b2187e41dfef7018566462\">\u52a0\u79d1\u601d-B(01167.HK)\u5373\u6642\u9ede\u8a55\uff1a\u805a\u7126KRAS\u53caiADC\uff0c\u5275\u65b0\u85e5\u7814\u767c\u52a0\u901f\u63a8\u9032<\/a><\/dd>\n<dt>23\u5c0f\u6642\u524d<br \/><span><\/span><\/dt>\n<dd><a href=\"https:\/\/www.finet.hk\/newscenter\/news_content\/69b2187e41dfef7018566461\">\u6bcf\u65e5\u6668\u5831-20260312<\/a><\/dd>\n<dt>\u6628\u5929<br \/><span><\/span><\/dt>\n<dd><a href=\"https:\/\/www.finet.hk\/newscenter\/news_content\/69b12c3423082975033c92c9\">\u3010\u5927\u884c\u5831\u544a\u3011\u8001\u864e\u8b49\u5238\u4e4b\u6e2f\u80a1\u65b0\u80a1\u89c0\u5bdf\uff1a\u300c\u6a5f\u88fdB\u300d\u65b0\u80a1\u9996\u65e5\u5e73\u5747\u7206\u5347\u903e53%<\/a><\/dd>\n<dt>\u6628\u5929<br \/><span><\/span><\/dt>\n<dd><a href=\"https:\/\/www.finet.hk\/newscenter\/news_content\/69b0bff041dfef4462819a89\">\u6bcf\u65e5\u6668\u5831-20260311<\/a><\/dd>\n<dt>\u524d\u5929<br 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