{"id":600662,"date":"2025-10-29T04:55:39","date_gmt":"2025-10-29T11:55:39","guid":{"rendered":"https:\/\/nai500.com\/?p=600662"},"modified":"2025-10-29T04:58:11","modified_gmt":"2025-10-29T11:58:11","slug":"%e5%b7%b4%e8%8f%b2%e7%89%b9-%e5%8a%a0%e4%bb%93-%e9%9b%aa%e4%bd%9b%e9%be%99-%e9%ab%98%e4%bc%b0%e5%80%bc-%e5%b8%82%e5%9c%ba-%e4%bb%b7%e5%80%bc-%e6%8a%95%e8%b5%84-%e9%80%bb%e8%be%91","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hans\/blog\/2025\/10\/%e5%b7%b4%e8%8f%b2%e7%89%b9-%e5%8a%a0%e4%bb%93-%e9%9b%aa%e4%bd%9b%e9%be%99-%e9%ab%98%e4%bc%b0%e5%80%bc-%e5%b8%82%e5%9c%ba-%e4%bb%b7%e5%80%bc-%e6%8a%95%e8%b5%84-%e9%80%bb%e8%be%91\/","title":{"rendered":"\u5df4\u83f2\u7279\u9006\u52bf\u52a0\u4ed3\u96ea\u4f5b\u9f99\uff1a\u9ad8\u4f30\u503c\u5e02\u573a\u4e0b\u7684\u4ef7\u503c\u6295\u8d44\u903b\u8f91\u89e3\u6790"},"content":{"rendered":"<p>\u5728\u5f53\u524d\u7f8e\u80a1\u4f30\u503c\u9ad8\u4f01\u7684\u80cc\u666f\u4e0b\uff0c\u80a1\u795e\u5df4\u83f2\u7279\u4ee5\u5176\u72ec\u7279\u7684\u4ef7\u503c\u6295\u8d44\u773c\u5149\uff0c\u4e3a\u6295\u8d44\u8005\u6307\u660e\u4e86\u4e00\u6761\u76f8\u5bf9\u7a33\u5065\u7684\u6295\u8d44\u8def\u5f84\u3002\u8fd9\u4f4d\u201c\u5965\u9a6c\u54c8\u5148\u77e5\u201d\u4e00\u8fb9\u5c06\u4f2f\u514b\u5e0c\u5c14\u00b7\u54c8\u6492\u97e6\u7684\u73b0\u91d1\u50a8\u5907\u79ef\u7d2f\u81f3\u521b\u7eaa\u5f55\u76843500\u4ebf\u7f8e\u5143\uff0c\u4e00\u8fb9\u5374\u5728\u6301\u7eed\u52a0\u4ed3\u80fd\u6e90\u5de8\u5934\u96ea\u4f5b\u9f99<strong><b>Chevron<\/b><\/strong>\u00a0<strong><b>(<\/b><\/strong><a href=\"https:\/\/nai500.com\/zh-hans\/%e8%82%a1%e7%a5%a8%e6%9f%a5%e8%af%a2\/?qm_symbol=CVX\"><strong><u><b>CVX<\/b><\/u><\/strong><\/a><strong><b>)<\/b><\/strong>\u80a1\u7968\uff0c\u8fd9\u4e00\u770b\u4f3c\u77db\u76fe\u7684\u64cd\u4f5c\u80cc\u540e\uff0c\u8574\u542b\u7740\u6df1\u523b\u7684\u5e02\u573a\u6d1e\u5bdf\u529b\u3002<\/p>\n<p>\u6807\u666e500\u6307\u6570\u5f53\u524d\u5e02\u76c8\u7387\u5df2\u8d85\u8fc731\u500d\uff0c\u8fdc\u9ad8\u4e8e\u517616\u500d\u7684\u957f\u671f\u5386\u53f2\u5e73\u5747\u6c34\u5e73\uff0c\u76f8\u8f832011\u5e7414\u500d\u7684\u4f30\u503c\u6c34\u5e73\u66f4\u662f\u663e\u5f97\u9ad8\u4e0d\u53ef\u6500\u3002\u8fd9\u79cd\u4f30\u503c\u538b\u529b\u4e0b\uff0c\u5df4\u83f2\u7279\u7684\u9009\u62e9\u663e\u5f97\u5c24\u4e3a\u5ba1\u614e\u2014\u2014\u4ed6\u4e0d\u4ec5\u4e25\u683c\u63a7\u5236\u65b0\u6295\u8d44\uff0c\u66f4\u5728\u53bb\u5e74\u7b2c\u4e09\u5b63\u5ea6\u65a5\u8d44\u903e5\u4ebf\u7f8e\u5143\u589e\u6301\u96ea\u4f5b\u9f99\uff0c\u4f7f\u5176\u6210\u4e3a\u4f2f\u514b\u5e0c\u5c14\u7684\u7b2c\u4e94\u5927\u6301\u4ed3\u3002<\/p>\n<p>\u96ea\u4f5b\u9f99\u80a1\u7968\u5f53\u524d19.7\u500d\u7684\u5e02\u76c8\u7387\u76f8\u8f83\u4e8e\u5927\u76d8\u5b58\u5728\u663e\u7740\u6298\u4ef7\uff0c\u800c\u57fa\u4e8e\u672a\u676512\u4e2a\u6708\u76c8\u5229\u9884\u671f\u7684\u524d\u77bb\u5e02\u76c8\u7387\u66f4\u662f\u964d\u81f316.2\u500d\u3002\u8fd9\u4e00\u4f30\u503c\u6c34\u5e73\u5bf9\u4e8e\u4e00\u5bb6\u6301\u7eed\u589e\u957f\u4e14\u80a1\u606f\u7387\u9ad8\u8fbe4.5%\u7684\u80fd\u6e90\u5de8\u5934\u800c\u8a00\uff0c\u786e\u5b9e\u663e\u5f97\u88ab\u4f4e\u4f30\u3002<\/p>\n<p>\u81f3\u4e8e\u5df4\u83f2\u7279\u6301\u7eed\u52a0\u4ed3\u80cc\u540e\u7684\u8003\u91cf\u3002\u9996\u5148\uff0c\u5df4\u83f2\u7279\u91c7\u53d6\u7684\u662f\u5178\u578b\u7684\u9006\u5468\u671f\u6295\u8d44\u7b56\u7565\u3002\u5f53\u524d\u6cb9\u4ef7\u5df2\u4ece2022\u5e74\u8fd1120\u7f8e\u5143\/\u6876\u7684\u9ad8\u4f4d\u56de\u843d\u81f360\u7f8e\u5143\/\u6876\u4ee5\u4e0b\uff0c\u56fd\u9645\u80fd\u6e90\u7f72\u66f4\u9884\u6d4b\u5168\u7403\u77f3\u6cb9\u4f9b\u5e94\u5c06\u57282025-2026\u5e74\u6301\u7eed\u589e\u957f\u3002\u8fd9\u79cd\u60b2\u89c2\u60c5\u7eea\u6070\u6070\u4e3a\u4ef7\u503c\u6295\u8d44\u8005\u63d0\u4f9b\u4e86\u96be\u5f97\u7684\u4e70\u5165\u673a\u4f1a\u3002\u5176\u6b21\uff0c\u96ea\u4f5b\u9f99\u5177\u5907\u5f3a\u5927\u7684\u8d44\u672c\u914d\u7f6e\u80fd\u529b\u548c\u89c4\u6a21\u6548\u5e94\u8fd9\u4e00\u53ef\u6301\u7eed\u7684\u7ade\u4e89\u4f18\u52bf\u3002\u4f5c\u4e3a\u7efc\u5408\u6027\u80fd\u6e90\u5de8\u5934\uff0c\u5176\u5728\u8d44\u672c\u5f00\u652f\u6548\u7387\u548c\u9879\u76ee\u6267\u884c\u65b9\u9762\u7684\u4f18\u52bf\uff0c\u80fd\u591f\u786e\u4fdd\u5728\u5404\u7c7b\u6cb9\u4ef7\u73af\u5883\u4e0b\u7ef4\u6301\u76c8\u5229\u80fd\u529b\u3002<\/p>\n<p>\u5728\u53ef\u80fd\u5230\u6765\u7684\u5e02\u573a\u8c03\u6574\u4e2d\uff0c\u96ea\u4f5b\u9f99\u5c55\u73b0\u51fa\u72ec\u7279\u7684\u9632\u5fa1\u4ef7\u503c\u3002\u76f8\u8f83\u4e8e\u4f30\u503c\u9ad8\u4f01\u7684\u79d1\u6280\u80a1\uff08\u5982\u82f1\u4f1f\u8fbe\uff09\uff0c\u96ea\u4f5b\u9f99\u7684\u4f4e\u4f30\u503c\u57fa\u7840\u4f7f\u5176\u5728\u5e02\u573a\u4e0b\u8dcc\u65f6\u5177\u5907\u66f4\u5f3a\u7684\u6297\u8dcc\u6027\u3002\u66f4\u91cd\u8981\u7684\u662f\uff0c\u82e5\u5e02\u573a\u8c03\u6574\u7531\u5730\u7f18\u653f\u6cbb\u7d27\u5f20\u5f15\u53d1\uff0c\u6cb9\u4ef7\u5f88\u53ef\u80fd\u9006\u52bf\u4e0a\u6da8\uff0c\u4ece\u800c\u4e3a\u96ea\u4f5b\u9f99\u8fd9\u6837\u7684\u80fd\u6e90\u751f\u4ea7\u5546\u5e26\u6765\u610f\u5916\u5229\u597d\u3002<\/p>\n<p>\u503c\u5f97\u6ce8\u610f\u7684\u662f\uff0c\u5df4\u83f2\u7279\u76ee\u524d\u5df2\u6301\u6709\u96ea\u4f5b\u9f99\u8fd18%\u7684\u80a1\u4efd\u3002\u53c2\u7167\u5176\u5bf9\u897f\u65b9\u77f3\u6cb9\u516c\u53f8\u7684\u6295\u8d44\u5148\u4f8b\uff08\u6301\u80a1\u8d8525%\uff09\uff0c\u82e5\u96ea\u4f5b\u9f99\u80a1\u4ef7\u51fa\u73b0\u8fdb\u4e00\u6b65\u4e0b\u8dcc\uff0c\u4f2f\u514b\u5e0c\u5c14\u5b8c\u5168\u6709\u53ef\u80fd\u7ee7\u7eed\u589e\u6301\u3002\u8fd9\u79cd\u201c\u6df1\u5ea6\u4ef7\u503c\u6295\u8d44\u8005\u201d\u7684\u5b58\u5728\uff0c\u4e3a\u80a1\u4ef7\u63d0\u4f9b\u4e86\u5929\u7136\u7684\u4e0b\u884c\u4fdd\u62a4\u3002<\/p>\n<p><strong><b>\u6295\u8d44\u542f\u793a<\/b><\/strong><\/p>\n<p>\u5728\u7f8e\u80a1\u5c61\u521b\u65b0\u9ad8\u4e4b\u9645\uff0c\u96ea\u4f5b\u9f99\u4ee3\u8868\u4e86\u4e00\u79cd\u7ecf\u5178\u7684\u4ef7\u503c\u6295\u8d44\u9009\u62e9\uff1a\u4f30\u503c\u5408\u7406\u3001\u80a1\u606f\u53ef\u89c2\uff0c\u4e14\u5177\u5907\u6297\u8dcc\u5c5e\u6027\u3002\u5df4\u83f2\u7279\u7684\u9009\u62e9\u63d0\u9192\u6295\u8d44\u8005\uff0c\u5728\u8ffd\u9010\u589e\u957f\u7684\u540c\u65f6\uff0c\u4e0d\u5e94\u5ffd\u89c6\u90a3\u4e9b\u7ecf\u5f97\u8d77\u65f6\u95f4\u8003\u9a8c\u7684\u4f20\u7edf\u4f01\u4e1a\u3002\u968f\u7740\u80fd\u6e90\u8f6c\u578b\u7684\u63a8\u8fdb\uff0c\u96ea\u4f5b\u9f99\u5728\u7ef4\u6301\u4f20\u7edf\u4e1a\u52a1\u4f18\u52bf\u7684\u540c\u65f6\uff0c\u4e5f\u5728\u79ef\u6781\u5e03\u5c40\u65b0\u80fd\u6e90\u9886\u57df\uff0c\u8fd9\u79cd\u7a33\u5065\u4e0e\u521b\u65b0\u5e76\u91cd\u7684\u53d1\u5c55\u7b56\u7565\uff0c\u6070\u6070\u7b26\u5408\u5df4\u83f2\u7279\u4e00\u8d2f\u7684\u6295\u8d44\u54f2\u5b66\u3002<\/p>\n<p>\u5bf9\u4e8e\u62c5\u5fe7\u5e02\u573a\u9ad8\u4f30\u503c\u7684\u6295\u8d44\u8005\u800c\u8a00\uff0c\u96ea\u4f5b\u9f99\u63d0\u4f9b\u4e86\u4e00\u4e2a\u96be\u5f97\u7684\u907f\u98ce\u6e2f\u2014\u2014\u65e2\u80fd\u5206\u4eab\u80fd\u6e90\u884c\u4e1a\u7684\u6f5c\u5728\u590d\u82cf\u673a\u4f1a\uff0c\u53c8\u80fd\u5728\u5e02\u573a\u8c03\u6574\u65f6\u63d0\u4f9b\u4fdd\u62a4\u3002\u6b63\u5982\u5df4\u83f2\u7279\u6240\u8bc1\u660e\u7684\uff0c\u771f\u6b63\u7684\u4ef7\u503c\u6295\u8d44\u4e0d\u5728\u4e8e\u8ffd\u9010\u5e02\u573a\u70ed\u70b9\uff0c\u800c\u5728\u4e8e\u53d1\u73b0\u5e76\u575a\u5b88\u90a3\u4e9b\u88ab\u5e02\u573a\u6682\u65f6\u4f4e\u4f30\u7684\u4f18\u8d28\u8d44\u4ea7\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u5728\u5f53\u524d\u7f8e\u80a1\u4f30\u503c\u9ad8\u4f01\u7684\u80cc\u666f\u4e0b\uff0c\u80a1\u795e\u5df4\u83f2\u7279\u4ee5\u5176\u72ec\u7279\u7684\u4ef7\u503c\u6295\u8d44\u773c\u5149\uff0c\u4e3a\u6295\u8d44\u8005\u6307\u660e\u4e86\u4e00\u6761\u76f8\u5bf9\u7a33\u5065\u7684\u6295\u8d44\u8def\u5f84\u3002\u8fd9\u4f4d\u201c\u5965\u9a6c [&hellip;]<\/p>\n","protected":false},"author":31,"featured_media":549558,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[1521,1632],"tags":[2415,2158,2167,2247],"class_list":["post-600662","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-1521","category-insights-zh-hans","tag-u-s-stocks-zh-hans","tag-2158","tag-2167","tag-2247","sectors-oil-gas-zh-hans","locations-us-zh-hans","exchange-nyse-zh-hans"],"acf":[],"_links":{"self":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/600662","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\/31"}],"replies":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/comments?post=600662"}],"version-history":[{"count":3,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/600662\/revisions"}],"predecessor-version":[{"id":600665,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/600662\/revisions\/600665"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/media\/549558"}],"wp:attachment":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/media?parent=600662"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/categories?post=600662"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/tags?post=600662"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}