{"version":"1.0","provider_name":"Fortune Insight","provider_url":"https:\/\/prime.fortuneinsight.com\/web","author_name":"\u9322\u741b","author_url":"https:\/\/prime.fortuneinsight.com\/web\/posts\/author\/chinshun","title":"\u6307\u6578\u518d\u5e73\u8861\u4e4b\u91d1\u878d\u7dad\u7a69 - Fortune Insight","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\"><a href=\"https:\/\/prime.fortuneinsight.com\/web\/posts\/486491\">\u6307\u6578\u518d\u5e73\u8861\u4e4b\u91d1\u878d\u7dad\u7a69<\/a><\/blockquote>\n<script type='text\/javascript'>\n<!--\/\/--><![CDATA[\/\/><!--\n\t\t!function(c,d){\"use strict\";var e=!1,n=!1;if(d.querySelector)if(c.addEventListener)e=!0;if(c.wp=c.wp||{},!c.wp.receiveEmbedMessage)if(c.wp.receiveEmbedMessage=function(e){var t=e.data;if(t)if(t.secret||t.message||t.value)if(!\/[^a-zA-Z0-9]\/.test(t.secret)){for(var r,a,i,s=d.querySelectorAll('iframe[data-secret=\"'+t.secret+'\"]'),n=d.querySelectorAll('blockquote[data-secret=\"'+t.secret+'\"]'),o=0;o<n.length;o++)n[o].style.display=\"none\";for(o=0;o<s.length;o++)if(r=s[o],e.source===r.contentWindow){if(r.removeAttribute(\"style\"),\"height\"===t.message){if(1e3<(i=parseInt(t.value,10)))i=1e3;else if(~~i<200)i=200;r.height=i}if(\"link\"===t.message)if(a=d.createElement(\"a\"),i=d.createElement(\"a\"),a.href=r.getAttribute(\"src\"),i.href=t.value,i.host===a.host)if(d.activeElement===r)c.top.location.href=t.value}}},e)c.addEventListener(\"message\",c.wp.receiveEmbedMessage,!1),d.addEventListener(\"DOMContentLoaded\",t,!1),c.addEventListener(\"load\",t,!1);function t(){if(!n){n=!0;for(var e,t,r=-1!==navigator.appVersion.indexOf(\"MSIE 10\"),a=!!navigator.userAgent.match(\/Trident.*rv:11\\.\/),i=d.querySelectorAll(\"iframe.wp-embedded-content\"),s=0;s<i.length;s++){if(!(e=i[s]).getAttribute(\"data-secret\"))t=Math.random().toString(36).substr(2,10),e.src+=\"#?secret=\"+t,e.setAttribute(\"data-secret\",t);if(r||a)(t=e.cloneNode(!0)).removeAttribute(\"security\"),e.parentNode.replaceChild(t,e)}}}}(window,document);\n\/\/--><!]]>\n<\/script><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https:\/\/prime.fortuneinsight.com\/web\/posts\/486491\/embed\" width=\"600\" height=\"338\" title=\"&#8220;\u6307\u6578\u518d\u5e73\u8861\u4e4b\u91d1\u878d\u7dad\u7a69&#8221; &#8212; Fortune Insight\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"><\/iframe>","thumbnail_url":"https:\/\/prime.fortuneinsight.com\/web\/wp-content\/uploads\/2020\/07\/cn_mkt.jpg","thumbnail_width":1001,"thumbnail_height":642,"description":"\u6709\u5957event driven\u7b56\u7565\u4e00\u76f4\u597d\u60f3\u8b1b\uff0c\u4e0d\u904e\u4ee5\u524d\u98a8\u5e73\u6d6a\u975c\uff0c\u627e\u4e0d\u5230\u6a5f\u6703\u3002\u6700\u8fd1\u65b0\u6cd5\u8972\u6e2f\uff0c\u9700\u8981\u5927\u91cf\u91d1\u878d\u7dad\u7a69\uff0c\u7b97\u662f\u4ecb\u7d39\u6b64\u7b56\u7565\u7684\u597d\u6642\u6a5f\u3002 \u5148\u8b1b\u7b56\u7565\u539f\u7406\uff0c\u518d\u8b1b\u653f\u6cbb\u555f\u793a\u3002 \u6307\u6578\u518d\u5e73\u8861\uff08index rebalancing\uff09\u7b56\u7565\u7232\u4e00\u7a2eevent driven\u7b56\u7565\uff0c\u76ee\u7684\u662f\u4f30\u8a08\u5728\u6307\u6578\u8abf\u6574\u6210\u4efd\u80a1\u5f8c\u6709\u54ea\u4e9b\u80a1\u7968\u6703\u88ab\u7d0d\u5165\u6307\u6578\uff08\u7c21\u7a31\u9810\u671f\u65b0\u6307\u6578\u80a1\uff09\uff0c\u4e26\u5c0d\u5176\u9032\u884c\u5404\u7a2e\u4ea4\u6613\u3002\u4e00\u822c\u800c\u8a00\uff0c\u7c21\u55ae\u7684trade\u53ef\u4ee5\u662flong\u9810\u671f\u65b0\u6307\u6578\u80a1\uff0c\u8907\u96dc\u4e00\u9ede\u5247\u53ef\u505asector hedge\u3001beta hedge\uff0c\u505arelative value trade\u3002 \u70ba\u4f55\u9810\u671f\u65b0\u6307\u6578\u80a1\u6709\u4e0a\u5347\u52d5\u529b\uff1f\u9019\u5c31\u8207\u5927\u6236\u80cc\u5f8c\u64cd\u4f5c\u6709\u95dc\u3002\u5047\u5982\u4eac\u6771\uff089618\uff09\u88ab\u8e22\u5165HSI\uff0c\u4e00\u773e\u8ffd\u8e64\u6046\u6307\u8868\u73fe\u7684ETF\u3001long only\u4e92\u60e0\u57fa\u91d1\u3001\u4fdd\u96aa\u516c\u53f8\u3001\u5f37\u7a4d\u91d1\u7b49\u7b49\u7684fund manager\u5c31\u88ab\u903c\u8981long\u5927\u91cf\u4eac\u6771\uff0c\u6258\u8d77\u80a1\u50f9\u3002\u540c\u6a23\u9053\u7406\uff0c\u88ab\u8e22\u51fa\u6307\u6578\u7684\u80a1\u7968\u4ea6\u6703\u6709\u5927\u91cf\u6cbd\u58d3\u3002\u9019\u5c31\u662f\u6307\u6578\u518d\u5e73\u8861\u7b56\u7565\u7684\u57fa\u672c\u9762\u89e3\u91cb\u3002 \u518d\u4f86\u5c31\u8981\u9810\u6e2c\u54ea\u4e9b\u80a1\u7968\u6703\u6210\u70ba\u65b0\u6307\u6578\u80a1\u3002\u6307\u6578\u7de8\u5236\u65b9\u6cd5\u8d8a\u5177\u9ad4\u3001\u689d\u4ef6\u8d8a\u6613\u88ab\u91cf\u5316\uff0c\u5c31\u8d8a\u5bb9\u6613\u4f5c\u9810\u6e2c\u3002\u4ee5\u9999\u6e2f\u7232\u4f8b\uff0cHSCEI\u5c31\u6bd4HSI\u66f4\u6613\u505a\u9810\u6e2c\uff0c\u4e0d\u4fe1\u53ef\u4ee5\u81ea\u884c\u67e5\u95b1\u5b98\u65b9\u6587\u4ef6\u3002 \u81f3\u65bc\u57f7\u884c\u65b9\u6cd5\uff0c\u6709\u807d\u904e\u884c\u5bb6\u5982\u4e0d\u505ahedge\uff0crebalancing\u524d\u6703\u5747\u6ce8long 5\u96bb\u9810\u671f\u65b0\u6307\u6578\u80a1\u5de6\u53f3\uff0c\u640f\u500b\u5347\u5e45\u3002\u7576\u7136\u6ce8\u78bc\u53ca\u5be6\u969b\u57f7\u884c\u7b56\u7565\u8996\u4e4e\u56de\u6e2c\u53ca\u6578\u64da\u5206\u6790\u3002\u5927\u5bb6\u6c92\u6709\u770b\u932f\uff0cindex rebalancing\u662f\u53ef\u4ee5\u56de\u6e2c\u7684\uff0c\u4e0d\u904e\u9019\u88e1\u5148\u8ce3\u95dc\u5b50\uff0c\u7562\u7adf\u64cd\u4f5c\u6bd4\u8f03\u8907\u96dc\u3002 \u8a0e\u8ad6\u5b8c\u7b56\u7565\uff0c\u5c31\u8981\u8aaa\u653f\u6cbb\u4e86\u3002 \u6709\u6c92\u6709\u60f3\u904e\uff0c\u70ba\u4f55HSI\u7684\u7de8\u5236\u65b9\u6cd5\u76f8\u5c0d\u4e0d\u900f\u660e\uff0c\u800c\u6046\u751f\u6307\u6578\u516c\u53f8\u53c8\u4e0d\u5c07\u5176\u516c\u958b\uff1f \u7de8\u5236\u65b9\u6cd5\u7d55\u4e0d\u900f\u660e\u3001\u8d8a\u96e3\u91cf\u5316\uff0c\u6046\u6307\u505arebalancing\u7684\u81ea\u7531\u5ea6\u5247\u8d8a\u9ad8\u3002\u4e0a\u9762\u5df2\u7d93\u89e3\u91cb\u4e86\u4e00\u96bb\u80a1\u7968\u8b8a\u6210\u6307\u6578\u6210\u4efd\u80a1\u5f8c\uff0c\u80a1\u50f9\u591a\u6578\u6703\u8b8a\u5f37\u3002\u5728\u570b\u5bb6\/\u5730\u65b9\u9700\u8981\u5176\u80a1\u7968\u8b8a\u5f37\uff0c\u505a\u91d1\u878d\u7dad\u7a69\u6642\uff0cindex rebalancing\u5c31\u80fd\u6210\u70ba\u5f37\u5927\u6b66\u5668\u3002\u8981\u8aaa\u6046\u6307\u516c\u53f8\u5f9e\u672a\u53d7\u904e\u58d3\uff0c\u5be6\u5728\u96e3\u4ee5\u76f8\u4fe1\u3002 \u963f\u91cc\u5df4\u5df4\uff089988\uff09\u3001\u4eac\u6771\u5047\u5982\u5728\u672a\u4f86\u7684\u6307\u6578\u6aa2\u8a0e\u5f8c\u6210\u529f\u9032\u5165HSI\uff0c\u5176\u80a1\u50f9\u6709\u6a5f\u6703\u4e0a\u5347\u3001\u6709\u7d93\u6fdf\u7dad\u7a69\u6548\u679c\u4e4b\u9918\uff0c\u8ffd\u8e64\u6052\u751f\u6307\u6578\u7684\u5f37\u7a4d\u91d1\u8840\u6c57\u9322\u66f4\u6703\u88ab\u7528\u4f86\u63a5\u8ca8\uff0c\u9999\u6e2f\u4eba\u7684\u9322\u64fa\u660e\u6703\u76ca\u4e86\u5927\u9678\u3002 \u4f60\u7559\u610f\u5230\u9019\u4e9b\u63a8\u8ad6\u80cc\u5f8c\u7684\u91cd\u9ede\u662f\u751a\u9ebd\u4e86\u55ce\uff1fHSI\u7684\u7de8\u5236\u65b9\u6cd5\uff0c\u518d\u5230\u6307\u6578\u518d\u5e73\u8861\u7684\u81ea\u7531\u5ea6\uff0c\u53ef\u80fd\u5c31\u662f\u5927\u5bb6\u4e00\u76f4\u4ee5\u4f86\u5ffd\u7565\u4e86\u7684\u771f\u76f8\u3002"}