{"id":813202,"date":"2026-07-17T13:45:56","date_gmt":"2026-07-17T05:45:56","guid":{"rendered":"https:\/\/www.alphaseek.cn\/?p=813202"},"modified":"2026-07-17T13:45:56","modified_gmt":"2026-07-17T05:45:56","slug":"%e4%ba%9a%e6%b4%b2%e8%8a%af%e7%89%87%e8%82%a1%e6%8a%9b%e5%94%ae%e5%8a%a0%e5%89%a7-%e5%8f%b0%e7%a7%af%e7%94%b5%e4%b8%9a%e7%bb%a9%e6%9c%aa%e6%bb%a1%e8%b6%b3%e8%bf%87%e9%ab%98%e9%a2%84%e6%9c%9f","status":"publish","type":"post","link":"https:\/\/www.alphaseek.cn\/?p=813202","title":{"rendered":"\u4e9a\u6d32\u82af\u7247\u80a1\u629b\u552e\u52a0\u5267 \u53f0\u79ef\u7535\u4e1a\u7ee9\u672a\u6ee1\u8db3\u8fc7\u9ad8\u9884\u671f"},"content":{"rendered":"<p>\u4e9a\u6d32<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e8%8a%af%e7%89%87\" title=\"View all posts in \u82af\u7247\" target=\"_blank\" class=\"tag_link\">\u82af\u7247<\/a>\u80a1\u8dcc\u52bf\u52a0\u5267\u3002<span><a href=\"https:\/\/stock.finance.sina.com.cn\/usstock\/quotes\/TSM.html\" target=\"_blank\" data-sudaclick=\"content_marketkeywords_p\" rel=\"noopener\">\u53f0\u79ef\u7535<\/a><\/span><span><\/span>\u516c\u5e03\u7684<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e4%b8%9a%e7%bb%a9\" title=\"View all posts in \u4e1a\u7ee9\" target=\"_blank\" class=\"tag_link\">\u4e1a\u7ee9<\/a>\u867d\u7136\u5f3a\u52b2\uff0c\u4f46\u672a\u80fd\u8fbe\u5230<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e6%8a%95%e8%b5%84\" title=\"View all posts in \u6295\u8d44\" target=\"_blank\" class=\"tag_link\">\u6295\u8d44<\/a>\u8005\u7684\u8fc7\u9ad8\u9884\u671f\uff0c\u5f15\u53d1\u5e02\u573a\u5bf9\u8d44\u672c\u5f00\u652f\u589e\u52a0\u548c\u76c8\u5229\u524d\u666f\u75b2\u8f6f\u7684\u62c5\u5fe7\u3002<\/p>\n<p>\u53f0\u79ef\u7535\u80a1\u4ef7\u5728\u53f0\u5317\u4e00\u5ea6\u4e0b\u8dcc6.5%\uff0c\u6b64\u524d\u8be5\u516c\u53f8\u4e0a\u8c03\u4e86\u4eca\u5e74\u7684\u8d44\u672c\u652f\u51fa\u548c\u8425\u6536\u9884\u6d4b\u3002\u5c3d\u7ba1\u603b\u4f53\u6bd4\u8f83\u79ef\u6781\uff0c\u4f46\u6709\u5206\u6790\u5e08\u548c\u6295\u8d44\u8005\u5f3a\u8c03\uff0c\u9664\u4e86\u5bf9\u6301\u7eed\u591a\u5e74\u7684<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e4%ba%ba%e5%b7%a5%e6%99%ba%e8%83%bd\" title=\"View all posts in \u4eba\u5de5\u667a\u80fd\" target=\"_blank\" class=\"tag_link\">\u4eba\u5de5\u667a\u80fd<\/a>\u70ed\u6f6e\u611f\u5230\u75b2\u5026\u4e4b\u5916\uff0c\u6210\u672c\u4e0a\u5347\u4e5f\u662f\u4ee4\u4eba\u62c5\u5fe7\u7684\u95ee\u9898\u3002<\/p>\n<p><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>\u4e9a\u6d32\u82af\u7247\u80a1\u6307\u6570\u8dcc\u8d856%\u3002<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>\u95ea\u5b58\u5236\u9020\u5546\u94e0\u4fa0\u63a7\u80a1\u8dcc\u5e45\u8f83\u5927\uff0c\u4e00\u5ea6\u4e0b\u8dcc16%\u3002\u8be5\u516c\u53f8\u8fd1\u51e0\u5468\u6765\u5e02\u503c\u8f836\u6708\u9ad8\u70b9\u7f29\u6c34\u4e00\u534a\uff0c\u4f46\u4eca\u5e74\u4ee5\u6765\u4ecd\u4e0a\u6da8\u7ea6400%\u3002<\/p>\n<p>Gavekal Capital Ltd\uff0e\u6295\u8d44\u7ec4\u5408\u7ecf\u7406Leonid Mironov\u8868\u793a\uff0c\u5229\u597d\u4e1a\u7ee9\u516c\u5e03\u540e\u80a1\u4ef7\u53cd\u800c\u4e0b\u8dcc\uff0c\u8bf4\u660e\u5e02\u573a\u81f3\u5c11\u6682\u65f6\u6b63\u8003\u8651\u4ece\u82af\u7247\u80a1\u8f6c\u5411\u5176\u4ed6\u8d44\u4ea7\u914d\u7f6e\u3002\u4ed6\u8865\u5145\u9053\uff0c\u201c\u6b64\u5916\uff0c\u4f30\u503c\u500d\u6570\u5df2\u7ecf\u8fc7\u9ad8\uff0c\u6240\u4ee5\u5373\u4f7f\u94e0\u4fa0\u80a1\u4ef7\u4e0b\u8dcc50%\uff0c\u4e5f\u4ecd\u7136\u4e0d\u7b97\u4fbf\u5b9c\u3002\u201d<\/p>\n<p>\u53f0\u79ef\u7535\u662f\u82f1\u4f1f\u8fbe\u82af\u7247\u7684\u4e3b\u8981\u5236\u9020\u5546\uff0c\u8be5\u516c\u53f8\u76ee\u524d\u9884\u8ba12026\u5e74\u7684\u8d44\u672c\u652f\u51fa\u5c06\u8fbe\u5230600\u4ebf\u81f3640\u4ebf\u7f8e\u5143\uff0c\u6bd4\u6b64\u524d\u9884\u6d4b\u81f3\u5c11\u9ad8\u51fa40\u4ebf\u7f8e\u5143\u3002\u901a\u5e38\u60c5\u51b5\u4e0b\uff0c\u8d44\u672c\u652f\u51fa\u589e\u52a0\u4f1a\u88ab\u89c6\u4e3a\u5229\u597d\u6d88\u606f\uff0c\u5c24\u5176\u5bf9\u652f\u51fa\u53d7\u76ca\u65b9\u800c\u8a00\u3002\u4f46\u5728\u53f0\u79ef\u7535\u516c\u5e03\u4e1a\u7ee9\u540e\uff0c\u5305\u62ec\u65e5\u672c\u7684Lasertec\u548c\u53f0\u6e7e\u73af\u7403\u6676\u5706\u5728\u5185\u7684\u5927\u578b\u4f9b\u5e94\u5546\u80a1\u4ef7\u5747\u51fa\u73b0\u4e0b\u8dcc\u3002<\/p>\n<p><span><a href=\"https:\/\/stock.finance.sina.com.cn\/usstock\/quotes\/MS.html\" target=\"_blank\" data-sudaclick=\"content_marketkeywords_p\" rel=\"noopener\">\u6469\u6839\u58eb\u4e39\u5229<\/a><\/span><span><\/span>\u8ba4\u4e3a\uff0c\u65b0\u589e\u652f\u51fa\u90e8\u5206\u6e90\u4e8e\u8bbe\u5907\u4ef7\u683c\u4e0a\u6da8\u5e26\u6765\u7684\u6210\u672c<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e9%80%9a%e8%83%80\" title=\"View all posts in \u901a\u80c0\" target=\"_blank\" class=\"tag_link\">\u901a\u80c0<\/a>\uff0c\u540c\u65f6\u5e02\u573a\u5bf9\u4e8e\u8d44\u672c\u652f\u51fa\u589e\u52a0\u5c06\u5bf9\u53f0\u79ef\u7535\u5229\u6da6\u7387\u9020\u6210\u8d1f\u9762\u5f71\u54cd\u611f\u5230\u5931\u671b\u3002<\/p>\n<p>\u53e6\u4e00\u4e9b\u4eba\u5219\u8ba4\u4e3a\u662f\u7531\u4e8e\u5e02\u573a\u8fc7\u70ed\u548c\u4f30\u503c\u8fc7\u9ad8\u9020\u6210\u3002\u53f0\u79ef\u7535\u80a1\u4ef7\u4eca\u5e74\u8fc4\u4eca\u5df2\u4e0a\u6da8\u8d85\u8fc750%\u3002\u8be5\u80a1\u76ee\u524d\u7684\u9884\u671f\u5e02\u76c8\u7387\u7ea6\u4e3a20\u500d\uff0c\u800c\u4e94\u5e74\u5e73\u5747\u5e02\u76c8\u7387\u4e3a18\u500d\u3002<\/p>\n<p>Tiger Brokers\u5e02\u573a<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e7%ad%96%e7%95%a5\" title=\"View all posts in \u7b56\u7565\" target=\"_blank\" class=\"tag_link\">\u7b56\u7565<\/a>\u5e08James Ooi\u8868\u793a\uff1a\u201c\u6b64\u6b21\u629b\u552e\u53ef\u80fd\u8868\u660e\uff0c\u5bf9\u4e8e\u4eca\u5e74\u4ee5\u6765\u5927\u5e45\u4e0a\u6da8\u7684\u82af\u7247\u80a1\uff0c\u5e02\u573a\u60c5\u7eea\u6b63\u5728\u53d1\u751f\u53d8\u5316\u3002\u5373\u4fbf\u4f01\u4e1a\u4ea4\u51fa\u4e86\u7a33\u5065\u4e1a\u7ee9\uff0c\u4e00\u4e9b\u6295\u8d44\u8005\u4ecd\u5f00\u59cb\u8d28\u7591\u76ee\u524d\u7684\u4f30\u503c\u662f\u5426\u8fd8\u6709\u8db3\u591f\u7684\u4e0a\u6da8\u7a7a\u95f4\u3002\u201d<\/p>\n<p>\u8d23\u4efb\u7f16\u8f91\uff1a\u738b\u6c38\u751f <\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u4e9a\u6d32\u82af\u7247\u80a1\u8dcc\u52bf\u52a0\u5267\u3002\u53f0\u79ef\u7535\u516c\u5e03\u7684\u4e1a\u7ee9\u867d\u7136\u5f3a\u52b2\uff0c\u4f46\u672a\u80fd\u8fbe\u5230\u6295\u8d44\u8005\u7684\u8fc7\u9ad8\u9884\u671f\uff0c\u5f15\u53d1\u5e02\u573a\u5bf9\u8d44\u672c\u5f00\u652f\u589e\u52a0\u548c\u76c8\u5229\u524d\u666f\u75b2\u8f6f [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":[],"categories":[4],"tags":[266,148,131,241,161,179,88,339,42],"views":1,"_links":{"self":[{"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=\/wp\/v2\/posts\/813202"}],"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=813202"}],"version-history":[{"count":0,"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=\/wp\/v2\/posts\/813202\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=813202"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=813202"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=813202"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}