{"id":381282,"date":"2021-05-06T15:33:00","date_gmt":"2021-05-06T22:33:00","guid":{"rendered":"https:\/\/nai500.com\/?p=381282"},"modified":"2021-05-06T15:39:25","modified_gmt":"2021-05-06T22:39:25","slug":"%e8%b3%a3%e7%a9%ba-%e5%a6%82%e4%bd%95-%e7%8d%b2%e5%88%a9-%e8%b3%a3%e7%a9%ba%e7%9a%84-%e8%a1%a1%e9%87%8f%e6%8c%87%e6%a8%99-%e5%92%8c%e7%90%86%e6%83%b3%e6%a2%9d%e4%bb%b6","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hant\/blog\/2021\/05\/%e8%b3%a3%e7%a9%ba-%e5%a6%82%e4%bd%95-%e7%8d%b2%e5%88%a9-%e8%b3%a3%e7%a9%ba%e7%9a%84-%e8%a1%a1%e9%87%8f%e6%8c%87%e6%a8%99-%e5%92%8c%e7%90%86%e6%83%b3%e6%a2%9d%e4%bb%b6\/","title":{"rendered":"\u8ce3\u7a7a\u5982\u4f55\u7372\u5229\uff1f\u8ce3\u7a7a\u7684\u8861\u91cf\u6307\u6a19\u548c\u7406\u60f3\u689d\u4ef6"},"content":{"rendered":"<h2><strong>\u8ce3\u7a7a\u7684\u8861\u91cf\u6a19\u6e96<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">\u7528\u4f86\u8ffd\u8e2a\u80a1\u7968\u8ce3\u7a7a\u6d3b\u52d5\u7684\u5169\u500b\u6307\u6a19\u662f\uff1a<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.investopedia.com\/terms\/s\/shortinterestratio.asp\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">\u653e\u7a7a\u6bd4\u7387<\/span><\/a><span style=\"font-weight: 400;\">\uff08SIR\uff0c\u4e5f\u88ab\u7a31\u70ba\u7a7a\u982d\u6d6e\u52d5\uff09\u662f\u8861\u91cf\u76ee\u524d\u88ab\u505a\u7a7a\u7684\u80a1\u7968\u8207\u5e02\u5834\u4e0a\u53ef\u7528\u6216\u201d\u6d6e\u52d5\u201d\u7684\u80a1\u7968\u6578\u91cf\u76f8\u6bd4\u7684\u6bd4\u7387\u3002\u4e00\u500b\u975e\u5e38\u9ad8\u7684SIR\u8207\u6b63\u5728\u4e0b\u8dcc\u7684\u80a1\u7968\u6216\u4f3c\u4e4e\u88ab\u9ad8\u4f30\u7684\u80a1\u7968\u6709\u95dc\u3002<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u7a7a\u982d\u5229\u606f\u8207\u4ea4\u6613\u91cf\u6bd4\u7387\uff08\u4e5f\u88ab\u7a31\u70ba<\/span><a href=\"https:\/\/www.investopedia.com\/terms\/d\/daystocover.asp\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">\u7a7a\u982d\u56de\u88dc\u5929\u6578<\/span><\/a><span style=\"font-weight: 400;\">\uff09\u6307\u6301\u7a7a\u7684\u7e3d\u80a1\u4efd\u9664\u4ee5\u80a1\u7968\u7684\u5e73\u5747\u6bcf\u65e5\u6210\u4ea4\u91cf\u3002\u7a7a\u982d\u56de\u88dc\u5929\u6578\u6bd4\u4f8b\u8d8a\u9ad8\uff0c\u4e5f\u662f\u80a1\u7968\u7684\u4e00\u500b\u770b\u8dcc\u8de1\u8c61\u3002<\/span><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">\u9019\u5169\u500b\u8ce3\u7a7a\u6307\u6a19\u90fd\u6709\u52a9\u65bc\u6295\u8cc7\u8005\u4e86\u89e3\u5c0d\u4e00\u96bb\u80a1\u7968\u7684\u6574\u9ad4\u60c5\u7dd2\u662f\u770b\u6f32\u9084\u662f\u770b\u8dcc\u3002<\/span><\/p>\n<p>\u672c\u6587\u5171\u6709\u4e09\u500b\u90e8\u5206\uff0c\u5728\u6b64\u67e5\u770b\u672c\u6587\u7684<strong><a href=\"https:\/\/nai500.com\/zh-hant\/blog\/2021\/05\/%e4%bb%80%e9%ba%bc%e6%98%af-%e8%b3%a3%e7%a9%ba-short-selling-%e8%b3%a3%e7%a9%ba-%e5%a6%82%e4%bd%95-%e9%81%8b%e4%bd%9c\/\" target=\"_blank\" rel=\"noopener\">\u7b2c\u4e00\u90e8\u5206<\/a><\/strong>\u548c<strong><a href=\"https:\/\/nai500.com\/zh-hant\/blog\/2021\/05\/%e8%b3%a3%e7%a9%ba%e7%9a%84-%e5%84%aa%e7%bc%ba%e9%bb%9e-%e4%bb%a5%e5%8f%8a-%e9%a2%a8%e9%9a%aa\/\" target=\"_blank\" rel=\"noopener\">\u7b2c\u4e8c\u90e8\u5206<\/a><\/strong>\u3002<\/p>\n<p><span style=\"font-weight: 400;\">\u4f8b\u5982\uff0c\u57282014\u5e74\u6cb9\u50f9\u4e0b\u8dcc\u5f8c\uff0c\u901a\u7528\u96fb\u6c23\u516c\u53f8\uff08GE\uff09\u7684\u80fd\u6e90\u90e8\u9580\u958b\u59cb\u62d6\u7d2f\u6574\u500b\u516c\u53f8\u7684\u696d\u7e3e\u3002\u7531\u65bc\u8ce3\u7a7a\u8005\u958b\u59cb\u9810\u671f\u8a72\u80a1\u6703\u4e0b\u8dcc\uff0c\u7a7a\u982d\u6bd4\u7387\u5f9e\u4e0d\u52301%\u8e8d\u5347\u81f32015\u5e74\u5e95\u76843.5%\u4ee5\u4e0a\u3002\u52302016\u5e74\u5e74\u4e2d\uff0c\u901a\u7528\u96fb\u6c23\u7684\u80a1\u50f9\u5728\u6bcf\u80a133\u7f8e\u5143\u8655\u898b\u9802\uff0c\u4e26\u958b\u59cb\u4e0b\u8dcc\u3002\u52302019\u5e742\u6708\uff0c\u901a\u7528\u96fb\u6c23\u5df2\u8dcc\u81f3\u6bcf\u80a110\u7f8e\u5143\uff0c\u9019\u5c07\u4f7f\u4efb\u4f55\u6709\u5e78\u57282016\u5e747\u6708\u7684\u9ad8\u9ede\u9644\u8fd1\u505a\u7a7a\u80a1\u7968\u7684\u8ce3\u7a7a\u8005\u7372\u5f97\u6bcf\u80a123\u7f8e\u5143\u7684\u5229\u6f64<\/span><span style=\"font-weight: 400;\"><sup>1<\/sup><\/span><span style=\"font-weight: 400;\">\u3002<\/span><\/p>\n<h2><strong>\u8ce3\u7a7a\u6642\u6a5f\u8207\u7406\u60f3\u689d\u4ef6<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">\u8ac7\u5230\u8ce3\u7a7a\uff0c\u6642\u6a5f\u662f\u81f3\u95dc\u91cd\u8981\u7684\u3002\u80a1\u7968\u4e0b\u8dcc\u7684\u901f\u5ea6\u901a\u5e38\u6bd4\u4e0a\u6f32\u7684\u901f\u5ea6\u8981\u5feb\u5f97\u591a\uff0c\u800c\u4e00\u96bb\u80a1\u7968\u7684\u53ef\u89c0\u6f32\u5e45\u53ef\u80fd\u6703\u5728\u5e7e\u5929\u6216\u5e7e\u9031\u5167\u56e0\u76c8\u5229\u5931\u8aa4\u6216\u5176\u4ed6\u770b\u8dcc\u56e0\u7d20\u800c\u5316\u70ba\u70cf\u6709\u3002\u56e0\u6b64\uff0c\u8ce3\u7a7a\u8005\u5fc5\u9808\u5c07\u505a\u7a7a\u4ea4\u6613\u7684\u6642\u9593\u5b89\u6392\u5f97\u8fd1\u4e4e\u5b8c\u7f8e\u3002\u592a\u665a\u9032\u5165\u4ea4\u6613\u53ef\u80fd\u6703\u5c0e\u81f4\u5de8\u5927\u7684\u6a5f\u6703\u6210\u672c\u548c\u5229\u6f64\u640d\u5931\u3002<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u53e6\u4e00\u65b9\u9762\uff0c\u904e\u65e9\u9032\u5165\u4ea4\u6613\u53ef\u80fd\u6703\u4f7f\u4eba\u96e3\u4ee5\u5805\u6301\u7a7a\u982d\u982d\u5bf8\u3002<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u6709\u4e9b\u6642\u5019\uff0c\u505a\u7a7a\u6210\u529f\u7684\u6a5f\u7387\u6703\u63d0\u9ad8\uff0c\u6bd4\u5982\u8aaa\u4ee5\u4e0b\u60c5\u6cc1\uff1a<\/span><\/p>\n<p><strong>\u718a\u5e02\u671f\u9593<\/strong><\/p>\n<p><span style=\"font-weight: 400;\">\u5728\u718a\u5e02\u4e2d\uff0c\u80a1\u7968\u5e02\u5834\u6216\u884c\u696d\u7684\u4e3b\u5c0e\u8da8\u52e2\u662f\u4e0b\u8dcc\u3002\u56e0\u6b64\uff0c\u76f8\u4fe1\u201d\u8da8\u52e2\u662f\u4f60\u7684\u670b\u53cb\u201d\u7684\u4ea4\u6613\u8005\u5728\u6839\u6df1\u8482\u56fa\u7684\u718a\u5e02\u4e2d\u505a\u7a7a\u4ea4\u6613\u7372\u5229\u7684\u6a5f\u6703\u6bd4\u5728\u5f37\u52c1\u7684\u725b\u5e02\u968e\u6bb5\u8981\u5927\u3002\u8ce3\u7a7a\u8005\u5728\u5e02\u5834\u8fc5\u901f\u3001\u5ee3\u6cdb\u548c\u6df1\u5165\u4e0b\u8dcc\u7684\u74b0\u5883\u4e2d\u6a02\u6b64\u4e0d\u75b2\uff0c\u6bd4\u59822008-09\u5e74\u7684\u5168\u7403\u718a\u5e02\uff0c\u4ed6\u5011\u5728\u9019\u7a2e\u6642\u5019\u53ef\u4ee5\u7372\u5f97\u610f\u5916\u7684\u66b4\u5229\u3002<\/span><\/p>\n<p><strong>\u7576\u80a1\u7968\u6216\u5e02\u5834\u57fa\u672c\u9762\u60e1\u5316\u7684\u6642\u5019<\/strong><\/p>\n<p><span style=\"font-weight: 400;\">\u4e00\u96bb\u80a1\u7968\u7684\u57fa\u672c\u9762\u53ef\u80fd\u56e0\u70ba\u4efb\u4f55\u539f\u56e0\u800c\u60e1\u5316\uff0c\u4f8b\u5982\u6536\u5165\u6216\u5229\u6f64\u589e\u9577\u653e\u7de9\u3001\u696d\u52d9\u9762\u81e8\u8d8a\u4f86\u8d8a\u591a\u7684\u6311\u6230\u3001\u6295\u5165\u6210\u672c\u4e0a\u5347\u7d66\u5229\u6f64\u7387\u5e36\u4f86\u58d3\u529b\u3001\u7b49\u7b49\u3002\u5c0d\u65bc\u5927\u76e4\u4f86\u8aaa\uff0c\u57fa\u672c\u9762\u7684\u60e1\u5316\u53ef\u80fd\u610f\u5473\u8457\u4e00\u7cfb\u5217\u8f03\u5f31\u7684\u6578\u64da\u8868\u660e\u7d93\u6fdf\u53ef\u80fd\u653e\u7de9\uff0c\u6230\u722d\u5a01\u8105\u7b49\u4e0d\u5229\u5730\u7de3\u653f\u6cbb\u767c\u5c55\u3001\u6216\u6210\u4ea4\u91cf\u964d\u4f4e\u5230\u65b0\u9ad8\u7b49\u770b\u8dcc\u7684\u6280\u8853\u4fe1\u865f\u3001\u5e02\u5834\u5ee3\u6cdb\u60e1\u5316\u3002\u6709\u7d93\u9a57\u7684\u8ce3\u7a7a\u8005\u53ef\u80fd\u66f4\u50be\u5411\u65bc\u7b49\u5f85\u718a\u5e02\u8da8\u52e2\u88ab\u78ba\u8a8d\u5f8c\u518d\u9032\u884c\u7a7a\u982d\u4ea4\u6613\uff0c\u800c\u4e0d\u662f\u5728\u9810\u671f\u4e0b\u8dcc\u6642\u9032\u884c\u4ea4\u6613\u3002\u9019\u662f\u56e0\u70ba\u5728\u57fa\u672c\u9762\u60e1\u5316\u7684\u60c5\u6cc1\u4e0b\uff0c\u80a1\u7968\u6216\u5e02\u5834\u53ef\u80fd\u6703\u51fa\u73fe\u9023\u7e8c\u6578\u9031\u6216\u6578\u6708\u7684\u8d70\u9ad8\u8da8\u52e2\uff0c\u9019\u5728\u725b\u5e02\u7684\u6700\u5f8c\u968e\u6bb5\u901a\u5e38\u662f\u9019\u6a23\u7684\u3002<\/span><\/p>\n<p><strong>\u6280\u8853\u6307\u6a19\u8b49\u5be6\u770b\u8dcc\u8da8\u52e2<\/strong><\/p>\n<p><span style=\"font-weight: 400;\">\u7576\u770b\u8dcc\u8da8\u52e2\u88ab\u591a\u500b<\/span><a href=\"https:\/\/www.investopedia.com\/terms\/t\/technicalindicator.asp\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">\u6280\u8853\u6307\u6a19<\/span><\/a><span style=\"font-weight: 400;\">\u78ba\u8a8d\u6642\uff0c\u8ce3\u7a7a\u6210\u529f\u6982\u7387\u4e5f\u6703\u63d0\u9ad8\u3002\u9019\u4e9b\u6307\u6a19\u53ef\u80fd\u5305\u62ec\u8dcc\u7834\u95dc\u9375\u7684\u9577\u671f\u652f\u6490\u4f4d\uff0c\u6216\u8005\u50cf\u201d\u6b7b\u4ea1\u4ea4\u53c9\u201d\u90a3\u6a23\u7684\u770b\u8dcc\u79fb\u52d5\u5e73\u5747\u7dda\u4ea4\u53c9\u3002\u7576\u4e00\u96bb\u80a1\u7968\u768450\u5929\u79fb\u52d5\u5e73\u5747\u7dda\u8dcc\u7834200\u5929\u79fb\u52d5\u5e73\u5747\u7dda\u6642\uff0c\u5c31\u6703\u51fa\u73fe\u770b\u8dcc\u79fb\u52d5\u5e73\u5747\u7dda\u4ea4\u53c9\u7684\u4f8b\u5b50\u3002\u4e00\u689d<\/span><a href=\"https:\/\/www.investopedia.com\/terms\/m\/movingaverage.asp\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">\u79fb\u52d5\u5e73\u5747\u7dda<\/span><\/a><span style=\"font-weight: 400;\">\u50c5\u50c5\u662f\u4e00\u96bb\u80a1\u7968\u7684\u50f9\u683c\u5728\u4e00\u6bb5\u8a2d\u5b9a\u6642\u9593\u5167\u7684\u5e73\u5747\u6578\u3002\u5982\u679c\u7576\u524d\u7684\u50f9\u683c\u7a81\u7834\u4e86\u5e73\u5747\u7dda\uff0c\u7121\u8ad6\u662f\u4e0b\u8dcc\u9084\u662f\u4e0a\u6f32\uff0c\u90fd\u53ef\u4ee5\u9810\u793a\u8457\u50f9\u683c\u7684\u65b0\u8da8\u52e2\u3002<\/span><\/p>\n<p><strong>\u5728\u6a02\u89c0\u60c5\u7dd2\u9ad8\u6f32\u7684\u60c5\u6cc1\u4e0b\uff0c\u4f30\u503c\u9054\u5230\u4e86\u8f03\u9ad8\u7684\u6c34\u5e73<\/strong><\/p>\n<p><span style=\"font-weight: 400;\">\u6709\u6642\uff0c\u67d0\u4e9b\u884c\u696d\u6216\u6574\u500b\u5e02\u5834\u7684\u4f30\u503c\u53ef\u80fd\u6703\u5728\u5c0d\u9019\u4e9b\u884c\u696d\u6216\u6574\u9ad4\u7d93\u6fdf\u7684\u9577\u671f\u524d\u666f\u7684\u666e\u904d\u6a02\u89c0\u4e2d\u9054\u5230\u9ad8\u6c34\u5e73\u3002\u7576\u6295\u8cc7\u8005\u7684\u9ad8\u671f\u671b\u503c\u6c92\u6709\u5f97\u5230\u6eff\u8db3\u6642\uff0c\u4ed6\u5011\u5fc5\u7136\u6703\u5728\u67d0\u500b\u6642\u5019\u611f\u5230\u5931\u671b\uff0c\u6240\u4ee5\u5e02\u5834\u5c08\u696d\u4eba\u58eb\u5c07\u6295\u8cc7\u9031\u671f\u7684\u9019\u4e00\u968e\u6bb5\u7a31\u70ba\u201d\u5b8c\u7f8e\u5b9a\u50f9\u201d\u3002\u6709\u7d93\u9a57\u7684\u8ce3\u7a7a\u8005\u4e0d\u6703\u6025\u65bc\u505a\u7a7a\uff0c\u800c\u662f\u7b49\u5f85\u5e02\u5834\u6216\u884c\u696d\u7ffb\u8eab\u4e26\u958b\u59cb\u4e0b\u8dcc\u968e\u6bb5\u3002<\/span><\/p>\n<p><a href=\"https:\/\/www.investopedia.com\/terms\/j\/john_maynard_keynes.asp\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">\u7d04\u7ff0-\u6885\u7d0d\u5fb7-\u51f1\u6069\u65af<\/span><\/a><span style=\"font-weight: 400;\">\u662f\u4e00\u4f4d\u6709\u5f71\u97ff\u529b\u7684\u82f1\u570b\u7d93\u6fdf\u5b78\u5bb6\uff0c\u4ed6\u7684\u7d93\u6fdf\u7406\u8ad6\u81f3\u4eca\u4ecd\u5728\u4f7f\u7528\u3002\u7136\u800c\uff0c\u6709\u4eba\u5f15\u7528\u51f1\u6069\u65af\u7684\u8a71\u8aaa\u3002 \u201c\u5e02\u5834\u4fdd\u6301\u975e\u7406\u6027\u7684\u6642\u9593\u6bd4\u4f60\u4fdd\u6301\u4e0d\u7834\u7522\u7684\u6642\u9593\u66f4\u9577\uff0c\u201d\u9019\u53e5\u8a71\u5c0d\u8ce3\u7a7a\u4f86\u8aaa\u7279\u5225\u5408\u9069\u3002\u8ce3\u7a7a\u7684\u6700\u4f73\u6642\u6a5f\u662f\u4e0a\u8ff0\u56e0\u7d20\u532f\u5408\u7684\u6642\u5019\u3002<\/span><\/p>\n<h2><strong>\u8ce3\u7a7a\u7684\u8072\u8b7d<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">\u6709\u6642\u8ce3\u7a7a\u6703\u53d7\u5230\u6279\u8a55\uff0c\u8ce3\u7a7a\u8005\u88ab\u8996\u70ba\u8981\u6467\u6bc0\u516c\u53f8\u7684\u7121\u60c5\u7d93\u71df\u8005\u3002\u7136\u800c\uff0c\u73fe\u5be6\u60c5\u6cc1\u662f\uff0c\u8ce3\u7a7a\u70ba\u5e02\u5834\u63d0\u4f9b\u4e86\u6d41\u52d5\u6027\uff0c\u6709\u8db3\u5920\u7684\u8ce3\u5bb6\u548c\u8cb7\u5bb6\uff0c\u4e26\u80fd\u5e6b\u52a9\u9632\u6b62\u58de\u80a1\u7968\u56e0\u7092\u4f5c\u548c\u904e\u5ea6\u6a02\u89c0\u800c\u4e0a\u6f32\u3002\u9019\u7a2e\u597d\u8655\u7684\u8b49\u64da\u53ef\u4ee5\u5f9e\u64fe\u4e82\u5e02\u5834\u7684\u8cc7\u7522<\/span><a href=\"https:\/\/www.investopedia.com\/terms\/b\/bubble.asp\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">\u6ce1\u6cab<\/span><\/a><span style=\"font-weight: 400;\">\u4e2d\u770b\u5230\u3002\u5c0e\u81f4\u6ce1\u6cab\u7684\u8cc7\u7522\uff08\u59822008\u5e74\u91d1\u878d\u5371\u6a5f\u524d\u7684\u62b5\u62bc\u8cb8\u6b3e\u652f\u6301\u8b49\u5238\u5e02\u5834\uff09\u7d93\u5e38\u96e3\u4ee5\u6216\u5e7e\u4e4e\u7121\u6cd5\u505a\u7a7a\u3002<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u8ce3\u7a7a\u6d3b\u52d5\u662f\u95dc\u65bc\u5e02\u5834\u60c5\u7dd2\u548c\u80a1\u7968\u9700\u6c42\u7684\u4e00\u500b\u5408\u6cd5\u4fe1\u606f\u4f86\u6e90\u3002\u5982\u679c\u6c92\u6709\u9019\u4e9b\u4fe1\u606f\uff0c\u6295\u8cc7\u8005\u53ef\u80fd\u6703\u88ab\u8ca0\u9762\u7684\u57fa\u672c\u9762\u8da8\u52e2\u6216\u4ee4\u4eba\u9a5a\u8a1d\u7684\u6d88\u606f\u6253\u8349\u9a5a\u86c7\u3002<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u4e0d\u5e78\u7684\u662f\uff0c\u7531\u65bc\u4e0d\u9053\u5fb7\u7684\u6295\u6a5f\u8005\u63a1\u7528\u7684\u505a\u6cd5\uff0c\u8ce3\u7a7a\u5f97\u5230\u4e86\u4e00\u500b\u58de\u540d\u8072\u3002\u9019\u4e9b\u4e0d\u64c7\u624b\u6bb5\u7684\u4eba\u5229\u7528\u8ce3\u7a7a\u7b56\u7565\u548c\u884d\u751f\u54c1\u4eba\u70ba\u5730\u58d3\u4f4e\u50f9\u683c\uff0c\u5c0d\u8106\u5f31\u7684\u80a1\u7968\u9032\u884c\u201d<\/span><a href=\"https:\/\/www.investopedia.com\/terms\/b\/bearraid.asp\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">\u5927\u91cf\u6cbd\u7a7a<\/span><\/a><span style=\"font-weight: 400;\">\u201c\u3002\u5927\u591a\u6578\u5f62\u5f0f\u7684<\/span><a href=\"https:\/\/www.investopedia.com\/terms\/m\/manipulation.asp\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">\u5e02\u5834\u64cd\u7e31<\/span><\/a><span style=\"font-weight: 400;\">\u5728\u7f8e\u570b\u662f\u975e\u6cd5\u7684\uff0c\u4f46\u5b83\u4ecd\u7136\u5b9a\u671f\u767c\u751f\u3002<\/span><\/p>\n<p><a href=\"https:\/\/www.investopedia.com\/articles\/trading\/092613\/difference-between-short-selling-and-put-options.asp\" target=\"_blank\" rel=\"noopener\"><i><span style=\"font-weight: 400;\">\u770b\u8dcc\u671f\u6b0a\u70ba\u8ce3\u7a7a\u63d0\u4f9b\u4e86\u4e00\u500b\u5f88\u597d\u7684\u9078\u64c7<\/span><\/i><\/a><i><span style=\"font-weight: 400;\">\uff0c\u4f7f\u4f60\u80fd\u5920\u5f9e\u80a1\u7968\u50f9\u683c\u7684\u4e0b\u8dcc\u4e2d\u7372\u5229\uff0c\u800c\u4e0d\u9700\u8981\u4fdd\u8b49\u91d1\u6216\u69d3\u687f\u3002<\/span><\/i><\/p>\n<h2><strong>\u8ce3\u7a7a\u7684\u771f\u5be6\u6848\u4f8b<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">\u51fa\u4e4e\u610f\u6599\u7684\u65b0\u805e\u4e8b\u4ef6\u6703\u5f15\u767c\u8ecb\u7a7a\uff0c\u9019\u53ef\u80fd\u6703\u8feb\u4f7f\u8ce3\u7a7a\u8005\u4ee5\u4efb\u4f55\u50f9\u683c\u8cb7\u5165\u4ee5\u6eff\u8db3\u5176\u4fdd\u8b49\u91d1\u8981\u6c42\u3002\u4f8b\u5982\uff0c\u57282008\u5e7410\u6708\uff0c<\/span><a href=\"https:\/\/www.cnbc.com\/id\/27414247\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">\u5927\u773e\u6c7d\u8eca\u516c\u53f8\u5728\u4e00\u6b21\u53f2\u8a69\u822c\u7684\u8ecb\u7a7a\u4e2d\u77ed\u66ab\u5730\u6210\u70ba\u4e16\u754c\u4e0a\u6700\u5177\u50f9\u503c\u7684\u4e0a\u5e02\u516c\u53f8<\/span><span style=\"font-weight: 400;\"><sup>2<\/sup><\/span><span style=\"font-weight: 400;\">\u3002<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">2008<\/span><span style=\"font-weight: 400;\">\u5e74\uff0c\u6295\u8cc7\u8005\u77e5\u9053\u4fdd\u6642\u6377\u6b63\u8a66\u5716\u5efa\u7acb\u5728\u5927\u773e\u6c7d\u8eca\u4e2d\u5efa\u5009\u4e26\u7372\u5f97\u591a\u6578\u63a7\u5236\u6b0a\u3002\u8ce3\u7a7a\u8005\u9810\u8a08\uff0c\u4e00\u65e6\u4fdd\u6642\u6377\u5be6\u73fe\u4e86\u5c0d\u5927\u773e\u6c7d\u8eca\u7684\u63a7\u5236\uff0c\u80a1\u7968\u7684\u50f9\u503c\u53ef\u80fd\u6703\u4e0b\u964d\uff0c\u6240\u4ee5\u4ed6\u5011\u5927\u91cf\u505a\u7a7a\u80a1\u7968\u3002\u7136\u800c\uff0c\u5728\u4e00\u500b\u4ee4\u4eba\u9a5a\u8a1d\u7684\u516c\u544a\u4e2d\uff0c\u4fdd\u6642\u6377\u900f\u9732\u4ed6\u5011\u5229\u7528\u884d\u751f\u54c1\u79d8\u5bc6\u6536\u8cfc\u4e86\u8a72\u516c\u53f870%\u4ee5\u4e0a\u7684\u80a1\u4efd\uff0c\u9019\u5f15\u767c\u4e86\u8ce3\u7a7a\u8005\u8cfc\u8cb7\u80a1\u7968\u4ee5\u5e73\u5009\u7684\u5927\u898f\u6a21\u53cd\u994b\u5faa\u74b0<\/span><span style=\"font-weight: 400;\"><sup>3<\/sup><\/span><span style=\"font-weight: 400;\">\u3002<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u505a\u7a7a\u8005\u8655\u65bc\u4e0d\u5229\u5730\u4f4d\uff0c\u539f\u56e0\u662f\uff0c\u5927\u773e\u6c7d\u8eca20%\u7684\u80a1\u4efd\u7531\u4e00\u500b\u4e0d\u9858\u610f\u51fa\u552e\u7684\u653f\u5e9c\u5be6\u9ad4\u64c1\u6709\uff0c\u800c\u4fdd\u6642\u6377\u63a7\u5236\u8457\u53e6\u591670%\u7684\u80a1\u4efd\uff0c\u6240\u4ee5\u5e02\u5834\u4e0a\u53ef\u7528\u65bc\u56de\u8cfc\u7684\u80a1\u4efd\u975e\u5e38\u5c11\u3002\u57fa\u672c\u4e0a\uff0c\u7a7a\u982d\u5229\u606f\u548c\u7a7a\u982d\u56de\u88dc\u5929\u6578\u90fd\u5728\u4e00\u591c\u4e4b\u9593\u7206\u589e\uff0c\u9019\u5c0e\u81f4\u80a1\u7968\u5f9e<\/span><a href=\"https:\/\/www.nytimes.com\/2008\/10\/30\/business\/worldbusiness\/30iht-norris31.1.17372644.html\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">200\u591a\u6b50\u5143\u8df3\u6f32\u81f31000\u591a\u6b50\u5143<\/span><\/a><span style=\"font-weight: 400;\">\u3002<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u8ecb\u7a7a\u7684\u4e00\u500b\u7279\u9ede\u662f\uff1a\u5f80\u5f80\u6703\u8fc5\u901f\u6d88\u9000\u3002\u5728\u5e7e\u500b\u6708\u5167\uff0c\u5927\u773e\u6c7d\u8eca\u7684\u80a1\u7968\u5df2\u7d93\u8dcc\u56de\u6b63\u5e38\u7bc4\u570d\u5167\u3002<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u4f86\u6e90\uff1a<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">General Electric. \u201c<\/span><a href=\"https:\/\/www.ge.com\/investor-relations\/stocks\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">GE Stock<\/span><\/a><span style=\"font-weight: 400;\">.\u201d Accessed Aug. 12, 2020.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Reuters. \u201c<\/span><a href=\"https:\/\/www.reuters.com\/article\/us-volkswagen\/short-sellers-make-vw-the-worlds-priciest-firm-idUSTRE49R3I920081028\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Short sellers make VW the world\u2019s priciest firm<\/span><\/a><span style=\"font-weight: 400;\">.\u201d Accessed Sept. 1, 2020.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Porsche SE. \u201c<\/span><a href=\"https:\/\/www.porsche-se.com\/en\/news\/press-releases\/details\/news\/detail\/News\/porsche-heads-for-domination-agreement-1\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Porsche Heads for Domination Agreement<\/span><\/a><span style=\"font-weight: 400;\">.\u201d Accessed Aug. 12, 2020.<\/span><\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>\u8ac7\u5230\u8ce3\u7a7a\uff0c\u6642\u6a5f\u662f\u81f3\u95dc\u91cd\u8981\u7684\u3002\u80a1\u7968\u4e0b\u8dcc\u7684\u901f\u5ea6\u901a\u5e38\u6bd4\u4e0a\u6f32\u7684\u901f\u5ea6\u8981\u5feb\u5f97\u591a\uff0c\u800c\u4e00\u96bb\u80a1\u7968\u7684\u53ef\u89c0\u6f32\u5e45\u53ef\u80fd\u6703\u5728\u5e7e\u5929\u6216\u5e7e\u9031\u5167\u56e0\u76c8\u5229\u5931\u8aa4\u6216\u5176\u4ed6\u770b\u8dcc\u56e0\u7d20\u800c\u5316\u70ba\u70cf\u6709\u3002<\/p>\n","protected":false},"author":32,"featured_media":381260,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[431],"tags":[1878],"class_list":["post-381282","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trends-strategies-zh-hant","tag-1878","sectors-financial-products-zh-hant","locations-canada-zh-hant","locations-us-zh-hant","exchange-tsx-zh-hant","exchange-tsx-v-zh-hant"],"acf":[],"_links":{"self":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/381282","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/users\/32"}],"replies":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/comments?post=381282"}],"version-history":[{"count":0,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/381282\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/media\/381260"}],"wp:attachment":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/media?parent=381282"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/categories?post=381282"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/tags?post=381282"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}