{"id":325311,"date":"2020-03-28T00:30:37","date_gmt":"2020-03-28T07:30:37","guid":{"rendered":"https:\/\/nai500.com\/?p=325311"},"modified":"2020-03-28T00:17:29","modified_gmt":"2020-03-28T07:17:29","slug":"%e5%b0%8d%e6%b2%96-%e5%9f%ba%e9%87%91-%e7%be%8e%e5%9c%8b-%e7%96%ab%e6%83%85-%e5%bd%b1%e9%9f%bf-%e5%85%ac%e5%8f%b8-%e8%99%8e%e8%a6%96%e7%9c%88%e7%9c%88","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hant\/blog\/2020\/03\/%e5%b0%8d%e6%b2%96-%e5%9f%ba%e9%87%91-%e7%be%8e%e5%9c%8b-%e7%96%ab%e6%83%85-%e5%bd%b1%e9%9f%bf-%e5%85%ac%e5%8f%b8-%e8%99%8e%e8%a6%96%e7%9c%88%e7%9c%88\/","title":{"rendered":"\u5c0d\u6c96\u57fa\u91d1\u6b63\u5c0d\u7f8e\u570b\u53d7\u75ab\u60c5\u5f71\u97ff\u7684\u516c\u53f8\u864e\u8996\u7708\u7708"},"content":{"rendered":"

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Baupost Group\u5c0d\u6c96\u57fa\u91d1\u7684\u4e00\u540d\u6d88\u606f\u4eba\u58eb\u5728\u63a5\u53d7\u63a1\u8a2a\u6642\u8868\u793a\uff0c\u201c\u53ea\u6709\u5728\u770b\u5230\u5e02\u5834\u6a5f\u6703\u6642\uff0c\u6211\u5011\u624d\u6703\u5438\u7d0d\u65b0\u8cc7\u91d1\u3002\u201d<\/p>\n

\u9019\u662fBaupost\u81ea2011\u5e74\u4ee5\u4f86\u9996\u6b21\u8981\u6c42\u5ba2\u6236\u8ffd\u52a0\u8cc7\u91d1\u4ee5\u9032\u884c\u5927\u8209\u6536\u8cfc\uff0c\u4e26\u5728\u6700\u8fd1\u5411\u8868\u73fe\u4e0d\u4f73\u7684\u8cc7\u7522\u6295\u5165\u4e8615\u5104\u7f8e\u5143\u3002<\/p>\n

\u8a72\u57fa\u91d1\u7684\u4e00\u4f4d\u767c\u8a00\u4eba\u62d2\u7d55\u7f6e\u8a55\u3002<\/p>\n

\u9019\u4e9b\u65e2\u95dc\u6ce8\u4e0a\u5e02\u516c\u53f8\uff0c\u4e5f\u95dc\u6ce8\u8cc7\u91d1\u77ed\u7f3a\u7684\u975e\u4e0a\u5e02\u516c\u53f8\u7684\u5c0d\u6c96\u57fa\u91d1\u8a8d\u70ba\uff0c\u7f8e\u570b\u653f\u5e9c\u5927\u898f\u6a21\u7684\u523a\u6fc0\u8a08\u5283\uff0c\u5305\u62ec\u9031\u4e94\u6279\u51c6\u76842.2\u842c\u5104\u7f8e\u5143\u75ab\u60c5\u7d13\u56f0\u8a08\u5283\uff0c\u5c07\u4f7f\u5e02\u5834\u548c\u6574\u9ad4\u7d93\u6fdf\u5fa9\u8607\u3002<\/p>\n

King Street Capital\u5728\u8072\u660e\u4e2d\u7a31\uff0c\u6b63\u5728\u5c0b\u627e\u201c\u90a3\u4e9b\u50b5\u5238\u6216\u8cb8\u6b3e\u906d\u9047\u62cb\u552e\u7684\u512a\u8cea\u516c\u53f8\u201d\u3002<\/p>\n

\u5104\u842c\u5bcc\u7fc1\u683c\u88e1\u82ac(Kenneth Griffin)\u662f\u7b2c\u4e00\u500b\u5c0d\u51a0\u72c0\u75c5\u6bd2\u7206\u767c\u7684\u5371\u96aa\u767c\u51fa\u8b66\u544a\u7684\u4eba\u4e4b\u4e00\uff0c\u4ed6\u7684\u5c0d\u6c96\u57fa\u91d1Citadel\u751a\u81f3\u70ba\u53d7\u75c5\u6bd2\u5f71\u97ff\u56b4\u91cd\u7684\u8cc7\u7522\u5275\u5efa\u4e86\u4e00\u500b\u7279\u5b9a\u7684\u6295\u8cc7\u5de5\u5177\uff0c\u540d\u70baCitadel\u76f8\u5c0d\u50f9\u503c\u56fa\u5b9a\u6536\u76ca\u57fa\u91d1\u3002\u6839\u64da\u63d0\u4ea4\u7d66\u80a1\u7968\u5e02\u5834\u7684\u6587\u4ef6\uff0c\u8a72\u57fa\u91d1\u5141\u8a31Citadel\u5229\u7528\u7576\u524d\u7684\u5e02\u5834\u6ce2\u52d5\uff0c\u9019\u82072008\u5e74\u91d1\u878d\u5371\u6a5f\u6642\u7684\u60c5\u6cc1\u4e0d\u540c\uff0c\u7576\u6642\u8a72\u57fa\u91d1\u7684\u65d7\u8266\u6295\u8cc7\u51fa\u73fe\u4e8655%\u7684\u8667\u640d\u3002<\/p>\n

\u683c\u88e1\u82ac\u4eca\u5e742\u6708\u521d\u66fe\u5728\u7d10\u7d04\u7d93\u6fdf\u4ff1\u6a02\u90e8\u7684\u4e00\u6b21\u6f14\u8b1b\u4e2d\u8ac7\u5230\u65b0\u578b\u51a0\u72c0\u75c5\u6bd2\uff0c\u4ed6\u8868\u793a\uff0c\u201c\u9019\u4e0d\u50c5\u50c5\u662f\u4e2d\u570b\u7684\u5065\u5eb7\u5371\u6a5f\uff1b\u9019\u662f\u4e00\u5834\u5168\u7403\u5065\u5eb7\u5371\u6a5f\u3002\u201d\u4ed6\u9810\u8a00\uff0c\u9019\u7a2e\u75c5\u6bd2\u201c\u53ef\u80fd\u662f\u6211\u5011\u5728\u5168\u7403\u91d1\u878d\u5e02\u5834\u4e0a\u770b\u5230\u7684\u6700\u5177\u9ad4\u7684\u77ed\u671f\u98a8\u96aa\u201d\u3002<\/p>\n

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\u76ee\u524d\uff0c\u5404\u570b\u7d93\u6fdf\u4e2d\u6700\u95dc\u9375\u7684\u4e00\u4e9b\u90e8\u9580\u7121\u4e00\u4e0d\u53d7\u5230\u75ab\u60c5\u6253\u64ca\uff0c\u5305\u62ec\u822a\u7a7a\u3001\u9152\u5e97\u3001\u65c5\u904a\u548c\u9910\u98f2\u3002\u7531\u65bc\u6cb9\u50f9\u66b4\u8dcc\uff0c\u7f8e\u570b\u7684\u8449\u5ca9\u6cb9\u516c\u53f8\u4e5f\u662f\u82e6\u4e0d\u582a\u8a00\u3002<\/p>\n

\u6a19\u6e96\u666e\u723e\u5168\u7403\u8a55\u7d1a\u6a5f\u69cb\u76ee\u524d\u9810\u8a08\uff0c\u672a\u4f8612\u500b\u6708\uff0c\u8ca1\u52d9\u56f0\u96e3\u7684\u7f8e\u570b\u516c\u53f8\u7684\u9055\u7d04\u7387\u5c07\u589e\u52a0\u5169\u500d\u4ee5\u4e0a\uff0c\u5f9e\u53bb\u5e7412\u6708\u76843.1%\u5347\u81f310%\u3002<\/p>\n

\u4e0d\u904e\uff0c\u5728\u5c0d\u6c96\u57fa\u91d1Saba Capital Management\u770b\u4f86\uff0c\u9019\u5834\u5371\u6a5f\u4e2d\u540c\u6a23\u85cf\u8457\u6a5f\u9047\u3002<\/p>\n

\u8a72\u57fa\u91d1\u7684\u5275\u59cb\u4ebaBoaz Weinstein\u5728\u81f4\u5ba2\u6236\u7684\u4fe1\u4e2d\u7a31\uff0c\u4ed6\u62bc\u6ce8\u90a3\u4e9b\u88ab\u8a55\u7d1a\u6a5f\u69cb\u8996\u70ba\u8ca1\u52d9\u8106\u5f31\u7684\u516c\u53f8\u6703\u9055\u7d04\u6216\u7834\u7522\u3002<\/p>\n

\u4e0d\u904e\uff0c\u76ee\u524d\u5c1a\u4e0d\u78ba\u5b9a\u9019\u4e9b\u57fa\u91d1\u7684\u62bc\u6ce8\u662f\u5426\u6703\u6709\u56de\u5831\uff0c\u56e0\u70ba\u76ee\u524d\u5c1a\u4e0d\u6e05\u695a\u6709\u591a\u5c11\u6295\u8cc7\u8005\u6709\u8208\u8da3\u627f\u64d4\u9019\u4e9b\u4e0d\u78ba\u5b9a\u6027\u98a8\u96aa\uff0c\u56e0\u70ba\u8a31\u591a\u6295\u8cc7\u8005\u5df2\u7d93\u5c07\u8cc7\u91d1\u8f49\u79fb\u5230\u4e86\u5b89\u5168\u8cc7\u7522\u3002<\/p>\n

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