{"id":253951,"date":"2019-01-30T12:03:13","date_gmt":"2019-01-30T20:03:13","guid":{"rendered":"https:\/\/nai500.com\/?p=253951"},"modified":"2019-02-27T12:39:58","modified_gmt":"2019-02-27T20:39:58","slug":"%e5%8c%bb%e7%94%a8%e5%a4%a7%e9%ba%bb%e8%82%a1%e6%8a%95%e8%b5%84%e7%a7%98%e7%b1%8d%ef%bc%88%e4%b8%8a%e7%af%87%ef%bc%89","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hans\/blog\/2019\/01\/%e5%8c%bb%e7%94%a8%e5%a4%a7%e9%ba%bb%e8%82%a1%e6%8a%95%e8%b5%84%e7%a7%98%e7%b1%8d%ef%bc%88%e4%b8%8a%e7%af%87%ef%bc%89\/","title":{"rendered":"\u533b\u7528\u5927\u9ebb\u80a1\u6295\u8d44\u79d8\u7c4d\uff08\u4e0a\u7bc7\uff09"},"content":{"rendered":"<p><em>NAI\u5c0f\u8bed: \u672c\u7bc7\u6587\u7ae0\u5206\u4e3a\u4e0a\u4e0b\u4e24\u7bc7\uff0c\u4e0a\u7bc7\u5c06\u4e3a\u60a8\u4ecb\u7ecd\u533b\u7528\u5927\u9ebb\u7684\u57fa\u672c\u77e5\u8bc6\u5e76\u7b80\u8ff0\u533b\u7528\u5927\u9ebb\u5408\u6cd5\u5316\u8fc7\u7a0b\u3002\u4e3a\u4f55\u5927\u9ebb\u80a1\u503c\u5f97\u6210\u4e3a\u60a8\u7684\u6295\u8d44\u65b0\u9009\u62e9?\u6295\u8d44\u8005\u53c8\u8be5\u5982\u4f55\u901a\u8fc7\u6295\u8d44\u4e2a\u80a1\u6216\u4ea4\u6613\u6240\u4ea4\u6613\u57fa\u91d1\uff08ETF\uff09\u6765\u6295\u8d44\u533b\u7528\u5927\u9ebb?<\/em><\/p>\n<p>\u7531\u4e8e\u5927\u9ebb\u5728\u7f8e\u56fd\u8054\u90a6\u7ea7\u6cd5\u5f8b\u4e2d\u4ecd\u662f\u975e\u6cd5\u7684\uff0c\u5982\u679c\u62c5\u5fc3\u5a31\u4e50\u7528\u5927\u9ebb\u53d7\u632b\uff0c\u90a3\u4e48\u533b\u7528\u5927\u9ebb\u80a1\u53ef\u80fd\u662f\u4e00\u4e2a\u66f4\u597d\u7684\u6295\u8d44\u9009\u62e9\u3002\u5927\u591a\u6570\u56fd\u5bb6\u4ecd\u7136\u7981\u6b62\u5a31\u4e50\u7528\u5927\u9ebb\uff0c\u4f46\u8d8a\u6765\u8d8a\u591a\u8f96\u533a\u7684\u6cd5\u5f8b\u5f00\u59cb\u5141\u8bb8\u5438\u98df\u5927\u9ebb\u3002\u4f8b\u5982\uff0c\u533b\u7528\u5927\u9ebb\u5e02\u573a\u5728\u52a0\u62ff\u5927\u548c\u5fb7\u56fd\u84ec\u52c3\u53d1\u5c55\uff0c\u800c\u5728\u7f8e\u56fd\uff0c\u670933\u4e2a\u5dde\u901a\u8fc7\u4e86\u652f\u6301\u533b\u7528\u5927\u9ebb\u7684\u6cd5\u5f8b\u3002<\/p>\n<p>\u533b\u7528\u5927\u9ebb\u53ef\u80fd\u6ca1\u6709\u5a31\u4e50\u7528\u5927\u9ebb\u90a3\u6837\u5927\u7684\u5e02\u573a\uff0c\u4f46\u6bcf\u5e74\u4ecd\u7136\u53ef\u4ee5\u4e3a\u9876\u7ea7\u5927\u9ebb\u80a1\u5e26\u6765\u6570\u767e\u4ebf\u7f8e\u5143\u7684\u4ef7\u503c\u3002\u90a3\u4e48\uff0c\u6295\u8d44\u8005\u5982\u4f55\u4ece\u533b\u7528\u5927\u9ebb\u4e2d\u83b7\u5229\u5462\uff1f<\/p>\n<p><strong>\u533b\u7528\u5927\u9ebb\u57fa\u672c\u77e5\u8bc6<\/strong><\/p>\n<p><strong>\u5927\u9ebb\u4f5c\u4e3a\u836f\u7269\u5e76\u4e0d\u65b0\u9c9c\u3002\u5927\u9ebb\u836f\u7269\u53ef\u4ee5\u8ffd\u6eaf\u6570\u5343\u5e74\u524d\uff0c\u90a3\u65f6\u5728\u4e2d\u56fd\u3001\u57c3\u53ca\u7b49\u5730\uff0c\u5927\u9ebb\u836f\u7269\u88ab\u7528\u6765\u6cbb\u7597\u5404\u79cd\u75be\u75c5\uff1a<\/strong><\/p>\n<ul>\n<li>\u5728\u4e2d\u56fd\uff0c\u5927\u9ebb\u662f50\u79cd\u201c\u57fa\u672c\u8349\u836f\u201d\u4e4b\u4e00\uff0c\u65e9\u5728\u516c\u5143\u4e8c\u4e16\u7eaa\u5c31\u6709\u628a\u5927\u9ebb\u5f53\u4f5c\u9ebb\u9189\u5242\u7684\u8bb0\u8f7d\u3002<\/li>\n<li>\u65e9\u5728\u516c\u5143\u524d1700\u5e74\u7684\u57c3\u53ca\uff0c\u53e4\u4ee3\u6587\u732e\u5c31\u63d0\u5230\u7528\u5927\u9ebb\u6765\u7f13\u89e3\u75bc\u75db\u3002<\/li>\n<li>\u5728\u5e0c\u814a\uff0c\u65e9\u5728\u516c\u5143100\u5e74\uff0c\u5927\u9ebb\u5c31\u88ab\u7528\u6765\u6cbb\u7597\u9a6c\u548c\u58eb\u5175\u7684\u4f24\u53e3\u75ae\u75a1\u3002<\/li>\n<li>\u53e4\u4ee3\u5370\u5ea6\u6587\u732e\u4e2d\u63d0\u5230\u4e86\u7528\u5927\u9ebb\u6765\u6cbb\u7597\u5404\u79cd\u75be\u75c5\uff0c\u5305\u62ec\u5931\u7720\u3001\u5934\u75db\u548c\u80c3\u80a0\u9053\u75be\u75c5\u3002<\/li>\n<\/ul>\n<p>\u533b\u7528\u5927\u9ebb\u5728\u897f\u65b9\u56fd\u5bb6\u7684\u4f7f\u7528\u8bb0\u5f55\u7a0d\u665a\u4e00\u4e9b\uff0c\u4f46\u4f5b\u8499\u7279\u5927\u5b66\u5bf9\u5316\u77f3\u82b1\u7c89\u8fdb\u884c\u7684\u4e00\u9879\u7814\u7a76\u8868\u660e\uff0c\u65e9\u5728\u516c\u5143\u524d4400\u5e74\uff0c\u6b27\u6d32\u5c31\u5df2\u7ecf\u79cd\u690d\u4e86\u5927\u9ebb\u3002\u79cd\u690d\u5927\u9ebb\u53ef\u80fd\u662f\u4e3a\u4e86\u5de5\u4e1a\u7528\u9014\uff0c\u4f8b\u5982\u7528\u4e8e\u5236\u4f5c\u7ef3\u7d22\uff0c\u4f46\u79fb\u6c11\u548c\u8d38\u6613\u8def\u7ebf\u4e5f\u53ef\u80fd\u628a\u5927\u9ebb\u7684\u836f\u7528\u6027\u8d28\u4f20\u64ad\u5230\u4e86\u6b27\u6d32\u3002<\/p>\n<p>\u5728\u73b0\u4ee3\uff0c\u533b\u7528\u5927\u9ebb\u5728\u897f\u65b9\u7684\u4f7f\u7528\u4e3b\u8981\u5f52\u529f\u4e8e\u82f1\u56fd\u5bf9\u5370\u5ea6\u7684\u6b96\u6c11\u7edf\u6cbb\u3002\u6b63\u662f\u5728\u5370\u5ea6\uff0cWilliam Brooke O&#8217;Shaughnessy\u533b\u751f\u7814\u7a76\u4e86\u5927\u9ebb\u6cbb\u7597\u808c\u8089\u75c9\u631b\u3001\u80c3\u75c9\u631b\u548c\u5168\u8eab\u75bc\u75db\u7684\u7597\u6548\u3002O&#8217;Shaughnessy\u572819\u4e16\u7eaa40\u5e74\u4ee3\u5173\u4e8e\u5927\u9ebb\u533b\u7597\u7528\u9014\u7684\u8457\u4f5c\u5e2e\u52a9\u786e\u7acb\u4e86\u533b\u7528\u5927\u9ebb\u7684\u5730\u4f4d\uff0c\u4f7f\u5f97\u6b27\u6d32\u548c\u7f8e\u56fd\u91c7\u7528\u4e86\u533b\u7528\u5927\u9ebb\u3002\u5728\u7f8e\u56fd\uff0c\u523019\u4e16\u7eaa\u672b\uff0c\u5927\u9ebb\u5728\u836f\u5e97\u4e2d\u968f\u5904\u53ef\u89c1\u3002<\/p>\n<p>\u5927\u9ebb\u7684\u836f\u7528\u7279\u6027\u6e90\u4e8e\u5927\u9ebb\u4e2d\u7684\u5927\u9ebb\u7d20\u3002\u5728\u5927\u9ebb\u4e2d\u53d1\u73b0\u7684100\u591a\u79cd\u5927\u9ebb\u7d20\u4e2d\uff0c\u6700\u5e38\u89c1\u7684\u4e24\u79cd\u662f\u56db\u6c22\u5927\u9ebb\u915a\uff08THC\uff09\u548c\u5927\u9ebb\u4e8c\u915a\uff08CBD\uff09\u3002<\/p>\n<h4>\u533b\u7528\u5927\u9ebb\u5408\u6cd5\u5316<\/h4>\n<p>\u81ea1937\u5e74\u300a\u5927\u9ebb\u7a0e\u6cd5\u300b\u9881\u5e03\u4ee5\u6765\uff0c\u7f8e\u56fd\u4e00\u76f4\u7981\u6b62\u5927\u9ebb\uff0c\u81ea1970\u5e74\u300a\u53d7\u7ba1\u5236\u7269\u8d28\u6cd5\u300b\u901a\u8fc7\u4ee5\u6765\uff0c\u5927\u9ebb\u5728\u7f8e\u56fd\u4e00\u76f4\u662f\u300a\u53d7\u7ba1\u5236\u7269\u8d28\u6cd5\u300b\u9644\u88681\u4e2d\u89c4\u5b9a\u7684\u53d7\u7ba1\u5236\u7269\u8d28\u3002\u867d\u7136\u6709\u8054\u90a6\u7981\u4ee4\uff0c\u4f46\u5927\u9ebb\u533b\u7597\u798f\u5229\u7684\u8bc1\u636e\u4fc3\u4f7f\u52a0\u5229\u798f\u5c3c\u4e9a\u5dde\u7684\u9009\u6c11\u57281996\u5e74\u6279\u51c6\u4e86\u8be5\u56fd\u7684\u7b2c\u4e00\u9879\u533b\u7528\u5927\u9ebb\u6cd5\u5f8b\uff0c\u5141\u8bb8\u4eba\u4eec\u53ef\u5728\u533b\u751f\u7684\u5efa\u8bae\u4e0b\u7528\u5927\u9ebb\u6765\u6cbb\u7597\u764c\u75c7\u3001\u75bc\u75db\u3001\u538c\u98df\u75c7\u3001\u827e\u6ecb\u75c5\u3001\u6162\u6027\u75bc\u75db\u3001\u5173\u8282\u708e\u3001\u9752\u5149\u773c\u548c\u5176\u4ed6\u75be\u75c5\u3002<\/p>\n<p>\u7136\u800c\uff0c2003\u5e74\u53c2\u8bae\u9662420\u53f7\u6cd5\u6848\u901a\u8fc7\u540e\uff0c\u52a0\u5229\u798f\u5c3c\u4e9a\u5dde\u7684\u533b\u7528\u5927\u9ebb\u5e02\u573a\u771f\u6b63\u8d77\u98de\u3002\u8be5\u6cd5\u6848\u4e3a\u60a3\u8005\u521b\u5efa\u4e86\u8eab\u4efd\u8bc1\u7cfb\u7edf\uff0c\u5e76\u5141\u8bb8\u975e\u8425\u5229\u6027\u56e2\u4f53\u4f5c\u4e3a\u5927\u9ebb\u836f\u623f\u8fd0\u4f5c\u3002\u4ece\u90a3\u65f6\u8d77\uff0c\u5229\u798f\u5c3c\u4e9a\u5dde\u5df2\u53d1\u653e\u8d85\u8fc7100,000\u5f20\u8eab\u4efd\u8bc1\uff0c\u6570\u767e\u4e2a\u533b\u7528\u5927\u9ebb\u836f\u623f\u5f00\u59cb\u8425\u4e1a\u3002\u56e0\u6b64\uff0c\u4e1a\u5185\u89c2\u5bdf\u4eba\u58eb\u4f30\u8ba1\uff0c\u52a0\u5dde\u7684\u533b\u7528\u5927\u9ebb\u9500\u552e\u989d\u6bcf\u5e74\u8d85\u8fc710\u4ebf\u7f8e\u5143\u3002<\/p>\n<p><img decoding=\"async\" class=\"wp-image-253952 alignleft lazyload\" data-src=\"https:\/\/nai500.com\/wp-content\/uploads\/2019\/01\/marijuana-269851_960_720-300x188.jpg\" alt=\"\" width=\"400\" height=\"250\" data-srcset=\"https:\/\/nai500.com\/wp-content\/uploads\/2019\/01\/marijuana-269851_960_720-300x188.jpg 300w, https:\/\/nai500.com\/wp-content\/uploads\/2019\/01\/marijuana-269851_960_720-302x189.jpg 302w, https:\/\/nai500.com\/wp-content\/uploads\/2019\/01\/marijuana-269851_960_720.jpg 600w, https:\/\/nai500.com\/wp-content\/uploads\/2019\/01\/marijuana-269851_960_720-390x244.jpg 390w, https:\/\/nai500.com\/wp-content\/uploads\/2019\/01\/marijuana-269851_960_720-370x230.jpg 370w\" data-sizes=\"(max-width: 400px) 100vw, 400px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 400px; --smush-placeholder-aspect-ratio: 400\/250;\" \/><\/p>\n<p>\u81ea20\u4e16\u7eaa90\u5e74\u4ee3\u672b\u52a0\u5229\u798f\u5c3c\u4e9a\u5dde\u4f5c\u51fa\u8fd9\u4e00\u5f00\u521b\u6027\u51b3\u5b9a\u4ee5\u6765\uff0c\u8d85\u8fc7\u4e00\u534a\u7684\u7f8e\u56fd\u5dde\u90fd\u8ffd\u968f\u52a0\u5229\u798f\u5c3c\u4e9a\u5dde\u7684\u4f5c\u6cd5\u3002\u76ee\u524d\u7f8e\u56fd\u5df2\u670933\u4e2a\u5dde\u901a\u8fc7\u4e86\u533b\u7528\u5927\u9ebb\u6cd5\u5f8b\uff0c\u53e6\u670913\u4e2a\u5dde\u901a\u8fc7\u4e86\u5141\u8bb8\u4f7f\u7528CBD\u4ea7\u54c1\u7684\u6cd5\u5f8b\u3002\u76ee\u524d\u7f8e\u56fd\u53ea\u6709\u56db\u4e2a\u5dde\u6ca1\u6709\u5236\u5b9a\u4efb\u4f55\u5f62\u5f0f\u7684\u533b\u7528\u5927\u9ebb\u6cd5\u89c4\u3002<\/p>\n<p>\u4e0d\u4ec5\u5728\u7f8e\u56fd\uff0c\u5305\u62ec\u52a0\u62ff\u5927\u548c\u5fb7\u56fd\u5728\u5185\u7684\u4e00\u4e9b\u56fd\u5bb6\u5df2\u901a\u8fc7\u5f00\u653e\u533b\u7528\u5927\u9ebb\u5e02\u573a\u7684\u6cd5\u5f8b\u3002\u52a0\u62ff\u5927\u7684\u533b\u7528\u5927\u9ebb\u5e02\u573a\u81ea2014\u5e74\u6765\u7ecf\u5386\u4e86\u5927\u5e45\u589e\u957f\uff0c\u73b0\u5728\u8be5\u56fd\u533b\u7528\u5927\u9ebb\u7684\u9500\u552e\u603b\u989d\u8fbe\u6570\u4ebf\u7f8e\u5143\u3002<\/p>\n<p>\u5fb7\u56fd\u4ece2017\u5e74\u6b63\u5f0f\u5f00\u653e\u533b\u7528\u5927\u9ebb\u5e02\u573a\uff0c\u6839\u636e\u5fb7\u56fd\u5168\u56fd\u6cd5\u5b9a\u5065\u5eb7\u4fdd\u9669\u57fa\u91d1\u534f\u4f1a\u7684\u6570\u636e\uff0c\u4fdd\u9669\u516c\u53f8\u4ec5\u57282018\u5e74\u7684\u524d\u516d\u4e2a\u6708\u5c31\u62a5\u9500\u4e8680,000\u5f20\u5904\u65b9\u836f\u3002\u5fb7\u56fd\u76ee\u524d\u4ece\u52a0\u62ff\u5927\u548c\u8377\u5170\u8fdb\u53e3\u533b\u7528\u5927\u9ebb\uff0c\u4f46\u8ba1\u5212\u57282019\u5e74\u8bb8\u53ef\u4f01\u4e1a\u5728\u5fb7\u56fd\u56fd\u5185\u79cd\u690d\u5927\u9ebb\u3002<\/p>\n<h4>\u5982\u4f55\u6295\u8d44\u533b\u7528\u5927\u9ebb\u80a1<\/h4>\n<p>\u6295\u8d44\u8005\u53ef\u4ee5\u901a\u8fc7\u6295\u8d44\u4e2a\u80a1\u6216\u4ea4\u6613\u6240\u4ea4\u6613\u57fa\u91d1\uff08ETF\uff09\u6765\u6295\u8d44\u533b\u7528\u5927\u9ebb\u3002ETF\u4ece\u6295\u8d44\u8005\u5904\u52df\u96c6\u8d44\u91d1\uff0c\u5c06\u8d44\u91d1\u6295\u8d44\u4e8e\u591a\u652f\u5927\u9ebb\u80a1\u7968\uff0c\u53ef\u4ee5\u5728\u4ea4\u6613\u65e5\u7684\u4efb\u4f55\u65f6\u95f4\u70b9\u4e70\u5165\u6216\u5356\u51fa\u3002\u7531\u4e8eETF\u9700\u8981\u8d44\u91d1\u52df\u96c6\u548c\u6295\u8d44\u56e2\u961f\u652f\u6491\uff0c\u6240\u4ee5\u50cf\u516c\u52df\u57fa\u91d1\u4e00\u6837\u6536\u53d6\u5e74\u8d39\uff0c\u8fd9\u4e9b\u5e74\u8d39\u4f1a\u5bfc\u81f4\u6295\u8d44\u8005\u6536\u76ca\u51cf\u5c11\u3002<\/p>\n<p>\u60f3\u8981\u6295\u8d44\u5728\u7f8e\u56fd\u7ecf\u8425\u7684\u5927\u9ebb\u80a1\u7684\u6295\u8d44\u8005\u4f1a\u53d1\u73b0\uff0c\u53ef\u4f9b\u9009\u62e9\u7684\u80a1\u7968\u6709\u9650\u3002\u8fd9\u662f\u7531\u4e8e\u5927\u9ebb\u5728\u7f8e\u56fd\u8054\u90a6\u7ea7\u6cd5\u5f8b\u4e0a\u662f\u975e\u6cd5\u7684\uff0c\u533b\u7528\u5927\u9ebb\u516c\u53f8\u901a\u5e38\u662f\u79c1\u8425\u516c\u53f8\uff0c\u800c\u975e\u516c\u5f00\u4e0a\u5e02\u516c\u53f8\u3002\u5e76\u4e14\u5df2\u7ecf\u516c\u5f00\u4e0a\u5e02\u7684\u5927\u9ebb\u4f01\u4e1a\u901a\u5e38\u5728\u573a\u5916\u4ea4\u6613\u5e02\u573a\u4e0a\u4ea4\u6613\uff0c\u800c\u4e0d\u662f\u5728\u7ebd\u7ea6\u8bc1\u5238\u4ea4\u6613\u6240\u8fd9\u6837\u7684\u4e3b\u8981\u5e02\u573a\u4e0a\u4ea4\u6613\u3002<\/p>\n<p>\u573a\u5916\u4ea4\u6613\u5e02\u573a\u4e0a\u4ea4\u6613\u7684\u80a1\u7968\u4e0d\u5fc5\u6ee1\u8db3\u4e25\u683c\u7684\u4e0a\u5e02\u8981\u6c42\uff0c\u6240\u4ee5\u5728\u8fd9\u4e2a\u5e02\u573a\u4e0a\u4ea4\u6613\u7684\u80a1\u7968\u53ef\u80fd\u4f1a\u4f7f\u6295\u8d44\u8005\u9762\u4e34\u66f4\u9ad8\u7684\u6b3a\u8bc8\u98ce\u9669\u3002\u6b64\u5916\uff0c\u573a\u5916\u4ea4\u6613\u80a1\u7968\u7684\u80a1\u7968\u62a5\u4ef7\u53ef\u80fd\u4f1a\u6709\u5f88\u5927\u5dee\u5f02\uff0c\u8fd9\u4f7f\u5f97\u4ee5\u4f18\u60e0\u7684\u4ef7\u683c\u4e70\u5356\u80a1\u7968\u66f4\u96be\u3002<\/p>\n<p>\u52a0\u62ff\u5927\u7684\u60c5\u51b5\u6709\u6240\u4e0d\u540c\u3002\u7531\u4e8e\u5927\u9ebb\u5728\u52a0\u62ff\u5927\u5168\u56fd\u8303\u56f4\u5185\u5408\u6cd5\uff0c\u533b\u7528\u5927\u9ebb\u516c\u53f8\u53ef\u4ee5\u5728\u591a\u4f26\u591a\u8bc1\u5238\u4ea4\u6613\u6240\u7b49\u52a0\u62ff\u5927\u4e3b\u8981\u4ea4\u6613\u6240\u4e0a\u5e02\u3002\u4f46\u662f\uff0c\u5916\u56fd\u80a1\u7968\u6709\u5176\u81ea\u8eab\u7684\u7f3a\u70b9\uff0c\u901a\u5e38\u4f1a\u6709\u66f4\u9ad8\u7684\u4ea4\u6613\u4f63\u91d1\u548c\u8d39\u7528\uff0c\u6295\u8d44\u8005\u5fc5\u987b\u627f\u62c5\u5c06\u7f8e\u5143\u5151\u6362\u6210\u5916\u5e01\u7684\u76f8\u5173\u98ce\u9669\u3002\u6839\u636e\u80a1\u7968\u7684\u4e0d\u540c\uff0c\u5916\u56fd\u80a1\u7968\u4e5f\u9762\u4e34\u6d41\u901a\u6027\u7684\u95ee\u9898\u3002<\/p>\n<p>\u5e78\u8fd0\u7684\u662f\uff0c\u52a0\u62ff\u5927\u6700\u5927\u7684\u4e94\u5bb6\u5927\u9ebb\u516c\u53f8\u4e8e2018\u5e74\u5728\u7ebd\u7ea6\u8bc1\u5238\u4ea4\u6613\u6240\u6216\u7eb3\u65af\u8fbe\u514b\u4ea4\u6613\u6240\u4e0a\u5e02\u3002\u8fd9\u4e9b\u516c\u53f8\u901a\u8fc7\u52a0\u62ff\u5927\u4e1a\u52a1\u63a5\u89e6\u533b\u7528\u5927\u9ebb\uff0c\u4f46\u4f9d\u636e\u52a0\u62ff\u5927\u89c4\u5b9a\uff0c\u9664\u4e86\u533b\u5b66\u7814\u7a76\u7528\u9014\u7684\u5927\u9ebb\u51fa\u8d27\u5916\uff0c\u8fd9\u4e9b\u516c\u53f8\u76ee\u524d\u4e0d\u5f97\u5728\u7f8e\u56fd\u5883\u5185\u8fd0\u8425\u3002<\/p>\n<p>\u5728\u8ba8\u8bba\u4ec0\u4e48\u533b\u7528\u5927\u9ebb\u80a1\u503c\u5f97\u5165\u624b\u524d\uff0c\u4f60\u9700\u8981\u4e86\u89e3\u5404\u79cd\u4e0d\u540c\u7c7b\u578b\u7684\u533b\u7528\u5927\u9ebb\u80a1\u3002<\/p>\n<h4>\u79cd\u690d\u5546<\/h4>\n<p>\u8fd9\u4e9b\u4f01\u4e1a\u5728\u7530\u5730\u3001\u6e29\u5ba4\u6216\u5ba4\u5185\u8bbe\u65bd\u4e2d\u79cd\u690d\u5927\u9ebb\u3002\u7530\u5730\u751f\u4ea7\u5927\u9ebb\u7684\u6210\u672c\u4f4e\uff0c\u4f46\u6e29\u5ba4\u548c\u5ba4\u5185\u8bbe\u65bd\u4e3a\u79cd\u690d\u5546\u63d0\u4f9b\u4e86\u66f4\u591a\u7684\u53ef\u63a7\u73af\u5883\u56e0\u7d20\uff0c\u5982\u5929\u6c14\u3001\u5bb3\u866b\u548c\u517b\u5206\uff0c\u51cf\u5c11\u6d6a\u8d39\u548c\u63d0\u9ad8\u4e00\u81f4\u6027\u2014\u2014\u8fd9\u662f\u57f9\u80b2\u533b\u7528\u5927\u9ebb\u7684\u91cd\u8981\u56e0\u7d20\u3002<\/p>\n<h4>\u63d0\u53d6\u4f01\u4e1a<\/h4>\n<p>\u4e00\u65e6\u6536\u83b7\u5927\u9ebb\uff0c\u901a\u5e38\u4f7f\u7528\u6eb6\u5242\u6765\u63d0\u53d6\u5316\u5b66\u5927\u9ebb\u7d20\uff0c\u4ee5\u4fbf\u5236\u5907\u7528\u4e8e\u5176\u4ed6\u4ea7\u54c1\uff08\u5305\u62ec\u996e\u6599\uff09\u7684\u6cb9\u548c\u6d53\u7f29\u7269\u3002\u5927\u591a\u6570\u533b\u7528\u5927\u9ebb\u79cd\u690d\u5546\u4e5f\u7ecf\u8425\u63d0\u53d6\u8bbe\u65bd\uff0c\u539f\u56e0\u662f\u8fd9\u4e9b\u52a0\u5de5\u54c1\u7684\u552e\u4ef7\u548c\u5229\u6da6\u7387\u66f4\u9ad8\u3002<\/p>\n<h4>\u533b\u7528\u5927\u9ebb\u5f00\u53d1\u5546<\/h4>\n<p>\u5927\u9ebb\u5177\u6709\u60a0\u4e45\u7684\u533b\u7597\u7528\u9014\uff0c\u8d8a\u6765\u8d8a\u591a\u7684\u4f01\u4e1a\u6b63\u5728\u6295\u5165\u8d44\u91d1\u7814\u7a76\u5927\u9ebb\u7684\u6709\u6548\u6027\u548c\u5b89\u5168\u6027\uff0c\u76ee\u7684\u662f\u786e\u4fdd\u533b\u7528\u5927\u9ebb\u83b7\u5f97\u76d1\u7ba1\u90e8\u95e8\u6279\u51c6\uff0c\u907f\u5f00\u8054\u90a6\u653f\u5e9c\u7684\u7981\u4ee4\u3002<\/p>\n<h4>\u5206\u9500\u5546\u548c\u836f\u623f<\/h4>\n<p>\u5927\u9ebb\u4ea7\u54c1\u5305\u88c5\u540e\uff0c\u9700\u8981\u901a\u8fc7\u4f9b\u5e94\u94fe\u548c\u96f6\u552e\u8fd0\u8425\u5546\u9500\u552e\u7ed9\u6d88\u8d39\u8005\u3002\u533b\u7528\u5927\u9ebb\u79cd\u690d\u5546\u53ef\u4ee5\u5782\u76f4\u64cd\u4f5c\u548c\u63a7\u5236\u5927\u9ebb\u79cd\u690d\u5230\u96f6\u552e\u7684\u5404\u4e2a\u65b9\u9762\uff0c\u6216\u8005\u533b\u7528\u5927\u9ebb\u79cd\u690d\u5546\u53ef\u4ee5\u4e0e\u5206\u9500\u516c\u53f8\u7b7e\u8ba2\u5408\u540c\uff0c\u628a\u4ea7\u54c1\u9500\u552e\u7ed9\u533b\u7528\u5927\u9ebb\u836f\u623f\u3002<\/p>\n<h4>\u884c\u4e1a\u4f9b\u5e94\u5546<\/h4>\n<p>\u4ece\u6c34\u57f9\u5230\u9632\u7be1\u6539\u5305\u88c5\uff0c\u518d\u5230\u5e93\u5b58\u548c\u96f6\u552e\u8f6f\u4ef6\uff0c\u5927\u9ebb\u79cd\u690d\u5546\u4f9d\u9760\u4e13\u95e8\u5927\u9ebb\u4e13\u4e1a\u4f9b\u5e94\u5546\u6765\u5229\u7528\u81ea\u52a8\u5316\u964d\u4f4e\u751f\u4ea7\u6210\u672c\u3001\u63d0\u9ad8\u4ea7\u91cf\u5e76\u7b26\u5408\u76d1\u7ba1\u6807\u51c6\u3002<\/p>\n<p><em>\u672a\u5b8c\u5f85\u7eed\u2026<\/em><\/p>\n<p><em>\u672c\u6587\u7684\u4e0b\u534a\u90e8\u5206\u5c06\u8ba8\u8bba\u5404\u4e2a\u7ec6\u5206\u9886\u57df\u7684\u9f99\u5934\u4f01\u4e1a\uff0c\u5305\u62ec\u533b\u7528\u5927\u9ebb\u79cd\u690d\u5546\u3001\u533b\u7528\u5927\u9ebb\u5f00\u53d1\u5546\u3001\u5927\u9ebb\u836f\u623f\u548c\u884c\u4e1a\u4f9b\u5e94\u5546<\/em><em>\u3002\u6b32\u67e5\u770b\u4e0b\u7bc7\uff0c\u8bf7\u70b9\u51fb<a href=\"https:\/\/nai500.com\/zh-hans\/blog\/2019\/01\/%E5%8C%BB%E7%94%A8%E5%A4%A7%E9%BA%BB%E8%82%A1%E6%8A%95%E8%B5%84%E7%A7%98%E7%B1%8D%EF%BC%88%E4%B8%8B%E7%AF%87%EF%BC%89\/\">\u6b64\u5904<\/a>\u3002<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>NAI\u5c0f\u8bed: \u672c\u7bc7\u6587\u7ae0\u5206\u4e3a\u4e0a\u4e0b\u4e24\u7bc7\uff0c\u4e0a\u7bc7\u5c06\u4e3a\u60a8\u4ecb\u7ecd\u533b\u7528\u5927\u9ebb\u7684\u57fa\u672c\u77e5\u8bc6\u5e76\u7b80\u8ff0\u533b\u7528\u5927\u9ebb\u5408\u6cd5\u5316\u8fc7\u7a0b\u3002\u4e3a\u4f55\u5927\u9ebb\u80a1\u503c\u5f97\u6210 [&hellip;]<\/p>\n","protected":false},"author":32,"featured_media":253956,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[866,430],"tags":[1061,925],"class_list":["post-253951","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured-zh-hans","category-trends-strategies-zh-hans","tag-1061","tag-925","sectors-1204","locations-canada-zh-hans","locations-us-zh-hans","exchange-nasdaq-zh-hans","exchange-nyse-zh-hans","exchange-tsx-zh-hans"],"acf":[],"_links":{"self":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/253951","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/users\/32"}],"replies":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/comments?post=253951"}],"version-history":[{"count":0,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/253951\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/media\/253956"}],"wp:attachment":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/media?parent=253951"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/categories?post=253951"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/tags?post=253951"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}