{"id":583187,"date":"2025-07-14T20:34:02","date_gmt":"2025-07-15T03:34:02","guid":{"rendered":"https:\/\/nai500.com\/?p=583187"},"modified":"2025-07-14T20:34:02","modified_gmt":"2025-07-15T03:34:02","slug":"%e5%a4%9a%e4%ba%a4%e6%89%80-%e5%85%a9%e5%a4%a7-%e8%97%8d%e7%b1%8c%e8%82%a1-%e8%a1%8c%e6%a5%ad-%e5%9c%b0%e4%bd%8d-%e5%95%86%e6%a5%ad-%e6%a8%a1%e5%bc%8f-%e8%ad%b7%e5%9f%8e%e6%b2%b3","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hant\/blog\/2025\/07\/%e5%a4%9a%e4%ba%a4%e6%89%80-%e5%85%a9%e5%a4%a7-%e8%97%8d%e7%b1%8c%e8%82%a1-%e8%a1%8c%e6%a5%ad-%e5%9c%b0%e4%bd%8d-%e5%95%86%e6%a5%ad-%e6%a8%a1%e5%bc%8f-%e8%ad%b7%e5%9f%8e%e6%b2%b3\/","title":{"rendered":"\u591a\u4ea4\u6240\u5169\u5927\u85cd\u7c4c\u80a1\uff1a\u884c\u696d\u5730\u4f4d\u548c\u5546\u696d\u6a21\u5f0f\u69cb\u5efa\u5ee3\u95ca\u8b77\u57ce\u6cb3"},"content":{"rendered":"

\u5728\u5168\u7403\u7d93\u6fdf\u4e0d\u78ba\u5b9a\u6027\u52a0\u5287\u7684\u80cc\u666f\u4e0b\uff0c\u52a0\u62ff\u5927\u516c\u7528\u4e8b\u696d\u5de8\u982dFortis\uff08TSX:FTS<\/a>\uff09\u548c\u53e6\u985e\u8cc7\u7522\u7ba1\u7406\u9f8d\u982dBrookfield Asset Management\uff08TSX:BAM<\/a>\uff09\u6191\u501f\u7a69\u5b9a\u7684\u73fe\u91d1\u6d41\u548c\u6301\u7e8c\u589e\u9577\u7684\u80a1\u606f\uff0c\u6b63\u6210\u70ba\u5c0b\u6c42\u9577\u671f\u7a69\u5065\u56de\u5831\u6295\u8cc7\u8005\u7684\u6838\u5fc3\u914d\u7f6e\u9078\u64c7\u3002<\/p>\n

Fortis\uff1a\u7a7f\u8d8a\u5468\u671f\u7684<\/b><\/strong>\u201c<\/b><\/strong>\u73fe\u91d1\u725b<\/b><\/strong>\u201d<\/b><\/strong><\/h3>\n

\u4f5c\u70ba\u5317\u7f8e\u6700\u5927\u7684\u516c\u7528\u4e8b\u696d\u516c\u53f8\u4e4b\u4e00\uff0cFortis\u7684\u696d\u52d9\u8986\u84cb\u96fb\u529b\u3001\u5929\u7136\u6c23\u7b49\u6c11\u751f\u5fc5\u9700\u9818\u57df\uff0c\u69cb\u7bc9\u4e86\u5929\u7136\u7684\u9632\u79a6\u5c6c\u6027\u3002\u8a72\u516c\u53f82025\u5e74\u7b2c\u4e00\u5b63\u5ea6\u6bcf\u80a1\u6536\u76ca\u540c\u6bd4\u589e\u95777.5%\u81f31.00\u52a0\u5143\u3002<\/p>\n

\u5728\u9023\u7e8c50\u5e74\u4e0a\u8abf\u80a1\u606f\u5f8c\uff0cFortis\u8fd1\u5e74\u5c07\u80a1\u606f\u589e\u9577\u7387\u7dad\u6301\u57286%\uff0c\u7576\u524d\u80a1\u606f\u7387\u9054\u52303.8%\u3002\u8a72\u516c\u53f8\u9084\u6bcf\u5e74\u6295\u516545\u5104\u52a0\u5143\u7528\u65bc\u96fb\u7db2\u5347\u7d1a\uff0c\u652f\u6490\u672a\u4f8610%\u7684\u5e74\u5747\u6536\u76ca\u589e\u9577\u3002\u5728\u5229\u7387\u4e0b\u884c\u5468\u671f\u4e2d\uff0c\u516c\u7528\u4e8b\u696d\u677f\u584a\u7684\u7a69\u5b9a\u6536\u76ca\u7279\u6027\u5099\u53d7\u6295\u8cc7\u8005\u9752\u775e\u3002<\/p>\n

\u8499\u7279\u5229\u723e\u9280\u884c\u5206\u6790\u5e2bSarah Hughes\u6307\u51fa\uff0c\u201cFortis\u7684\u76e3\u7ba1\u8cc7\u7522\u56de\u5831\u7387\uff08ROE\uff09\u9396\u5b9a\u57288.5-9.5%\uff0c\u70ba\u80a1\u606f\u589e\u9577\u63d0\u4f9b\u4fdd\u969c\u3002\u201d<\/p>\n

Brookfield\uff1a\u5168\u7403\u53e6\u985e\u8cc7\u7522\u7684\u7ba1\u7406\u5de8\u982d<\/b><\/strong><\/h3>\n

\u7ba1\u7406\u898f\u6a21\u8d859000\u5104\u7f8e\u5143\u7684Brookfield\uff0c\u5176\u696d\u52d9\u6a21\u5f0f\u5c55\u73fe\u51fa\u7368\u7279\u7684\u6297\u98a8\u96aa\u80fd\u529b\u3002\u8a72\u516c\u53f8\u5728\u57fa\u790e\u8a2d\u65bd\u7b49\u9818\u57df\u591a\u5143\u5316\u5e03\u5c40\uff0c\u57fa\u790e\u8a2d\u65bd\u3001\u53ef\u518d\u751f\u80fd\u6e90\u3001\u623f\u5730\u7522\u7b49\u6297\u5468\u671f\u8cc7\u7522\u5360\u6bd4\u905478%\u30022025\u5e74\u7b2c\u4e00\u5b63\u5ea6\uff0cBrookfield\u7684\u7ba1\u7406\u8cbb\u7387\u6536\u5165\u589e\u957712%\uff0c\u5229\u6f64\u7387\u63d0\u5347\u81f357%\u3002<\/p>\n

\u7ba1\u7406\u5c64\u80a1\u7968\u56de\u8cfc\u52a0\u4e0a3.2%\u80a1\u606f\u6536\u76ca\u7387\uff0cBrookfield\u904e\u53bb\u4e94\u5e74\u5e74\u5316\u56de\u5831\u7387\u905414%\u3002<\/p>\n

\u503c\u5f97\u6ce8\u610f\u7684\u662f\uff0c\u5176\u65b0\u6210\u7acb\u7684Brookfield Infrastructure Partners IV\u57fa\u91d1\u5df2\u52df\u8cc7300\u5104\u7f8e\u5143\uff0c\u91cd\u9ede\u62bc\u6ce8\u6578\u64da\u4e2d\u5fc3\u548c\u80fd\u6e90\u8f49\u578b\u9805\u76ee\u3002\u9053\u660e\u8b49\u5238\u5206\u6790\u5e2b\u6307\u51fa\uff0c\u5728\u53e6\u985e\u8cc7\u7522\u9700\u6c42\u7206\u767c\u7684\u80cc\u666f\u4e0b\uff0cBAM\u7684\u696d\u7e3e\u8cbb\u6536\u5165\u6709\u671b\u4e09\u5e74\u7ffb\u756a\u3002<\/p>\n

\u6295\u8cc7\u50f9\u503c\u5c0d\u6bd4<\/b><\/strong><\/h3>\n\n\n\n\n\n\n\n
\u6307\u6a19<\/b><\/strong><\/td>\nFortis (FTS)<\/b><\/strong><\/td>\nBrookfield (BAM)<\/b><\/strong><\/td>\n<\/tr>\n
\u5e02\u503c\uff08\u5341\u5104\u52a0\u5143\uff09<\/b><\/strong><\/td>\n32.4<\/td>\n125.9<\/td>\n<\/tr>\n
\u80a1\u606f\u7387<\/b><\/strong><\/td>\n3.8%<\/td>\n3.2%<\/td>\n<\/tr>\n
\u8fd1\u4e94\u5e74\u5e74\u5316\u56de\u5831<\/b><\/strong><\/td>\n9.3%<\/td>\n14.0%<\/td>\n<\/tr>\n
Beta\u7cfb\u6578<\/b><\/strong><\/td>\n0.32<\/td>\n0.85<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\u914d\u7f6e\u5efa\u8b70<\/b><\/strong>\uff1a<\/p>\n

\u4fdd\u5b88\u578b\u6295\u8cc7\u8005<\/b><\/strong>\uff1a\u53ef\u8d85\u914dFortis\uff08\u7d44\u5408\u5360\u6bd45-8%\uff09\uff0c\u4eab\u53d7\u4f4e\u6ce2\u52d5\u80a1\u606f\u589e\u9577<\/p>\n

\u6210\u9577\u578b\u6295\u8cc7\u8005<\/b><\/strong>\uff1a\u5074\u91cdBrookfield\uff08\u5360\u6bd43-5%\uff09\uff0c\u5206\u4eab\u53e6\u985e\u8cc7\u7522\u7ba1\u7406\u884c\u696d\u7d05\u5229<\/p>\n

\u5e73\u8861\u7b56\u7565<\/b><\/strong>\uff1a\u63096:4\u6bd4\u4f8b\u69cb\u5efa\u7d44\u5408\uff0c\u5c0d\u6c96\u5229\u7387\u8207\u7d93\u6fdf\u5468\u671f\u98a8\u96aa<\/p>\n

\u98a8\u96aa\u63d0\u793a<\/b><\/strong>\uff1a\u76e3\u7ba1\u653f\u7b56\u8b8a\u5316\u3001\u5229\u7387\u8d85\u9810\u671f\u4e0a\u884c\u53ca\u7d93\u6fdf\u6df1\u5ea6\u8870\u9000\u53ef\u80fd\u5f71\u97ff\u696d\u7e3e\u514c\u73fe\u3002\u4f46\u5c31\u9577\u671f\u6301\u6709\u800c\u8a00\uff0c\u9019\u5169\u5bb6\u4f01\u696d\u7684\u884c\u696d\u5730\u4f4d\u8207\u5546\u696d\u6a21\u5f0f\u5df2\u70ba\u5176\u69cb\u7bc9\u4e86\u8db3\u5920\u7684\u5b89\u5168\u908a\u969b\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"

\u5728\u5168\u7403\u7d93\u6fdf\u4e0d\u78ba\u5b9a\u6027\u52a0\u5287\u7684\u80cc\u666f\u4e0b\uff0c\u52a0\u62ff\u5927\u516c\u7528\u4e8b\u696d\u5de8\u982dFortis\uff08TSX:FTS\uff09\u548c\u53e6\u985e\u8cc7\u7522\u7ba1\u7406\u9f8d\u982dBrookf […]<\/p>\n","protected":false},"author":31,"featured_media":449145,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[1522],"tags":[2171,572,1122,1860],"class_list":["post-583187","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-1522","tag-2171","tag-572","tag-1122","tag--zh-hant","sectors-oil-gas-zh-hant","sectors-financial-products-zh-hant","locations-canada-zh-hant","exchange-tsx-zh-hant"],"acf":[],"_links":{"self":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/583187","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\/31"}],"replies":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/comments?post=583187"}],"version-history":[{"count":4,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/583187\/revisions"}],"predecessor-version":[{"id":583192,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/583187\/revisions\/583192"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/media\/449145"}],"wp:attachment":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/media?parent=583187"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/categories?post=583187"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/tags?post=583187"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}