{"version":"1.0","provider_name":"Fortune Insight","provider_url":"https:\/\/prime.fortuneinsight.com\/web","author_name":"\u83ef\u723e\u8857\u65e5\u5831\uff08\u514d\u8cbb\u8a66\u95b1\uff09","author_url":"https:\/\/prime.fortuneinsight.com\/web\/posts\/author\/wsj","title":"\u4e2d\u570b\u5730\u65b9\u653f\u5e9c\u901a\u904e\u300c\u81ea\u8ce3\u81ea\u8cb7\u300d\u865b\u589e\u8ca1\u653f\u6536\u5165 - Fortune Insight","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\"><a href=\"https:\/\/prime.fortuneinsight.com\/web\/posts\/754302\">\u4e2d\u570b\u5730\u65b9\u653f\u5e9c\u901a\u904e\u300c\u81ea\u8ce3\u81ea\u8cb7\u300d\u865b\u589e\u8ca1\u653f\u6536\u5165<\/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 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\u4e2d\u570b\u5730\u65b9\u653f\u5e9c\u53bb\u5e74\u7684\u8cc7\u91d1\u554f\u984c\u6bd4\u5927\u591a\u6578\u7d93\u6fdf\u5b78\u5bb6\u60f3\u50cf\u7684\u9084\u8981\u7cdf\u7cd5\uff0c\u7a0b\u5ea6\u81f3\u5c11\u70ba120\u5104\u7f8e\u5143\u3002 \u9019\u662f\u4e2d\u570b\u5be9\u8a08\u7f72\u516c\u5e03\u7684\u4e2d\u570b\u5730\u65b9\u653f\u5e9c\u901a\u904e\u4e00\u7cfb\u5217\u865b\u69cb\u571f\u5730\u4ea4\u6613\u548c\u5176\u4ed6\u570b\u6709\u8cc7\u7522\u4ea4\u6613\u865b\u589e\u7684\u6536\u5165\u898f\u6a21\u3002\u9019\u4e00\u62ab\u9732\u610f\u5473\u8457\uff0c\u5118\u7ba1\u5b98\u65b9\u6578\u64da\u5df2\u7d93\u986f\u793a\u571f\u5730\u51fa\u8b93\u548c\u5730\u65b9\u653f\u5e9c\u6536\u5165\u5927\u5e45\u4e0b\u964d\uff0c\u4f46\u5be6\u969b\u60c5\u6cc1\u8981\u66f4\u52a0\u7cdf\u7cd5\u3002 \u4e2d\u570b\u5be9\u8a08\u7f72\u7a31\uff0c70\u500b\u5730\u5340\u901a\u904e\u300c\u81ea\u8ce3\u81ea\u8cb7\u300d\u570b\u6709\u8cc7\u7522\u3001\u865b\u69cb\u571f\u5730\u4ea4\u6613\u7b49\u65b9\u5f0f\u865b\u589e\u8ca1\u653f\u6536\u5165\u3002\u7531\u65bc\u9019\u4e9b\u4ea4\u6613\u662f\u5728\u5730\u65b9\u653f\u5e9c\u53ca\u5176\u81ea\u6709\u5be6\u9ad4\u4e4b\u9593\u9032\u884c\u7684\uff0c\u5be6\u969b\u4e0a\u4e26\u6c92\u6709\u70ba\u5730\u65b9\u653f\u5e9c\u589e\u52a0\u6536\u5165\uff0c\u53ea\u662f\u9032\u884c\u4e86\u8cc7\u91d1\u8f49\u79fb\u3002\u4e2d\u570b\u5be9\u8a08\u7f72\u8868\u793a\uff0c\u5176\u4e2d\u7d0480\u5104\u7f8e\u5143\u7684\u4ea4\u6613\u767c\u751f\u5728\u7e23\u7d1a\u3002 \u9577\u671f\u4ee5\u4f86\uff0c\u4e2d\u570b\u5730\u65b9\u653f\u5e9c\u4e00\u76f4\u4f9d\u8cf4\u571f\u5730\u51fa\u8b93\u4f5c\u70ba\u4e3b\u8981\u6536\u5165\u4f86\u6e90\u3002\u4f46\u5728\u53bb\u5e74\u4e2d\u570b\u623f\u5730\u7522\u884c\u696d\u7684\u72c0\u6cc1\u60e1\u5316\u5f8c\uff0c\u5c0d\u571f\u5730\u7684\u9700\u6c42\u5df2\u5927\u5e45\u653e\u7de9\u3002 \u4e2d\u570b\u8ca1\u653f\u90e8\u6578\u64da\u986f\u793a\uff0c2022\u5e74\u5730\u65b9\u653f\u5e9c\u7684\u571f\u5730\u4f7f\u7528\u6b0a\u51fa\u8b93\u6536\u5165\u540c\u6bd4\u4e0b\u964d23%\u3002\u9019\u4e3b\u8981\u662f\u56e0\u70ba\u571f\u5730\u5e02\u5834\u51fa\u8b93\u898f\u6a21\u7e2e\u6e1b\u3002\u9019\u4e00\u6578\u503c\u5305\u62ec\u4e0a\u8ff0\u865b\u69cb\u4ea4\u6613\u3002 \u6839\u64da\u91d1\u878d\u6578\u64da\u63d0\u4f9b\u5546\u842c\u5f97(Wind)\u7684\u6578\u64da\uff0c\u4e2d\u570b\u5730\u65b9\u653f\u5e9c\u4eca\u5e74\u524d\u4e94\u500b\u6708\u7684\u571f\u5730\u76f8\u95dc\u6536\u5165\u8f03\u4e0a\u5e74\u540c\u671f\u4e0b\u964d20%\u3002 \u4e2d\u570b\u5730\u65b9\u653f\u5e9c\u4e0d\u80fd\u76f4\u63a5\u501f\u6b3e\uff0c\u4f46\u53ef\u4ee5\u5229\u7528\u878d\u8cc7\u5e73\u53f0\u4f86\u5e6b\u52a9\u4ed6\u5011\u70ba\u9805\u76ee\u8cb7\u55ae\u3002\u9019\u4e9b\u878d\u8cc7\u5e73\u53f0\u662f\u53bb\u5e74\u653f\u5e9c\u571f\u5730\u7684\u8cb7\u5bb6\u4e4b\u4e00\u3002 \u64da\u300a\u83ef\u723e\u8857\u65e5\u5831\u300b(The Wall Street Journal)\u5148\u524d\u5831\u5c0e\uff0c\u5728\u90e8\u5206\u57ce\u5e02\uff0c\u4e00\u4e9b\u5177\u6709\u570b\u8cc7\u80cc\u666f\u7684\u8cb7\u5bb6\u662f\u5728\u5ba3\u5e03\u571f\u5730\u62cd\u8ce3\u6216\u9032\u884c\u4ea4\u6613\u7684\u5e7e\u5929\u6216\u5e7e\u5468\u524d\u525b\u525b\u6210\u7acb\u7684\u3002 Loomis, Sayles\u7684\u9ad8\u7d1a\u7b56\u7565\u5e2bBo Zhuang\u8aaa\uff0c\u539f\u56e0\u5f88\u7c21\u55ae\uff0c\u5730\u65b9\u653f\u5e9c\u5df2\u7d93\u6c92\u9322\u4e86\uff0c\u90a3\u9ebc\u4ed6\u5011\u600e\u9ebc\u624d\u80fd\u7372\u5f97\u66f4\u591a\u8cc7\u91d1\u5462\uff1f\u4ed6\u8a8d\u70ba\u73fe\u5728\u4ecd\u5b58\u5728\u9019\u7a2e\u505a\u6cd5\u3002 \u8a31\u591a\u5927\u578b\u4e2d\u570b\u6c11\u71df\u958b\u767c\u5546\u5df2\u7d93\u5e7e\u4e4e\u5f9e\u571f\u62cd\u5e02\u5834\u4e2d\u6d88\u5931\u4e86\u3002\u9019\u5305\u62ec\u66fe\u7d93\u7684\u5de8\u982d\u4e2d\u570b\u6046\u5927\u96c6\u5718(China Evergrande Group, 3333.HK, \u7c21\u7a31\uff1a\u4e2d\u570b\u6046\u5927)\u548c\u878d\u5275\u4e2d\u570b\u63a7\u80a1\u6709\u9650\u516c\u53f8(Sunac China Holdings, 1918.HK, \u7c21\u7a31\uff1a\u878d\u5275\u4e2d\u570b)\uff0c\u9019\u5169\u5bb6\u516c\u53f8\u5df2\u7d93\u4e00\u5e74\u591a\u6c92\u6709\u5728\u5730\u65b9\u653f\u5e9c\u7684\u62cd\u8ce3\u5e02\u5834\u4e0a\u62ff\u5730\u4e86\u3002 \u4f5c\u70ba\u4e2d\u570b\u6700\u5927\u7684\u623f\u5730\u7522\u958b\u767c\u5546\u4e4b\u4e00\uff0c\u78a7\u6842\u5712\u63a7\u80a1\u6709\u9650\u516c\u53f8(Country Garden Holdings Co., 2007.HK, \u7c21\u7a31\ufe55\u78a7\u6842\u5712)\u662f\u500b\u4f8b\u5916\u30024\u6708\u4efd\uff0c\u8a72\u516c\u53f8\u81ea2021\u5e7412\u6708\u4ee5\u4f86\u9996\u6b21\u5728\u5730\u65b9\u653f\u5e9c\u571f\u5730\u62cd\u8ce3\u4e2d\u8cfc\u8cb7\u4e86\u4f4f\u5b85\u7528\u5730\u3002 \u5118\u7ba1\u4e2d\u570b\u623f\u5730\u7522\u5e02\u5834\u5728\u4eca\u5e74\u65e9\u4e9b\u6642\u5019\u986f\u793a\u51fa\u4f01\u7a69\u7684\u8de1\u8c61\uff0c\u4f46\u8a72\u884c\u696d\u7684\u5fa9\u7526\u5df2\u6210\u6ce1\u5f71\u3002\u6839\u64da\u514b\u800c\u745e(China Real Estate Information Corp.)\u7684\u6578\u64da\uff0c\u4e2d\u570b\u767e\u5f37\u623f\u4f015\u6708\u92b7\u552e\u984d\u540c\u6bd4\u589e\u95776.7%\uff0c\u800c4\u6708\u4efd\u589e\u5e45\u70ba31.6%\u3002 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\u4e2d\u570b\u5be9\u8a08\u7f72\u6982\u8ff0\u4e86\u5be9\u8a08\u4e2d\u767c\u73fe\u7684\u5176\u4ed6\u9055\u898f\u884c\u70ba\uff0c\u5305\u62ec\u4e0d\u5c11\u5730\u65b9\u653f\u5e9c\u901a\u904e\u4e82\u7f70\u6b3e\u865b\u589e\u8ca1\u653f\u6536\u5165\uff0c\u5411\u4f01\u696d\u627f\u8afe\u515c\u5e95\u4f7f\u96b1\u6027\u50b5\u52d9\u589e\u52a0\u4eba\u6c11\u5e63\u6578\u767e\u5104\u5143\uff0c\u4ee5\u53ca\u6feb\u7528\u4e2d\u592e\u653f\u5e9c\u5283\u64a5\u7684\u8cc7\u91d1\u7b49\u3002 &#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;- [&hellip;]"}