{"id":590880,"date":"2025-09-02T19:17:17","date_gmt":"2025-09-03T02:17:17","guid":{"rendered":"https:\/\/nai500.com\/blog\/2025\/09\/would-buffett-buy-alibaba-the-stock-is-cheap-but-geopolitical-risks-linger\/"},"modified":"2025-09-02T19:17:45","modified_gmt":"2025-09-03T02:17:45","slug":"%e5%a6%82%e6%9e%9c%e6%98%af%e5%b7%b4%e8%8f%b2%e7%89%b9%ef%bc%8c%e6%9c%83%e8%b2%b7%e5%85%a5%e7%8f%be%e5%9c%a8%e7%9a%84%e9%98%bf%e8%a3%a1%e5%b7%b4%e5%b7%b4%e8%82%a1%e7%a5%a8%e5%97%8e%ef%bc%9f","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hant\/blog\/2025\/09\/%e5%a6%82%e6%9e%9c%e6%98%af%e5%b7%b4%e8%8f%b2%e7%89%b9%ef%bc%8c%e6%9c%83%e8%b2%b7%e5%85%a5%e7%8f%be%e5%9c%a8%e7%9a%84%e9%98%bf%e8%a3%a1%e5%b7%b4%e5%b7%b4%e8%82%a1%e7%a5%a8%e5%97%8e%ef%bc%9f\/","title":{"rendered":"\u5982\u679c\u662f\u5df4\u83f2\u7279\uff0c\u6703\u8cb7\u5165\u73fe\u5728\u7684\u963f\u88e1\u5df4\u5df4\u80a1\u7968\u55ce\uff1f"},"content":{"rendered":"<p>\u4e4d\u770b\u4e4b\u4e0b\uff0c\u90e8\u5206\u6295\u8cc7\u8005\u53ef\u80fd\u6703\u7591\u60d1\u70ba\u4f55\u5df4\u83f2\u7279\u53ca\u5176\u516c\u53f8\u4f2f\u514b\u5e0c\u723e\u00b7\u54c8\u6492\u97cb\u5f9e\u672a\u6301\u6709\u4e2d\u570b\u79d1\u6280\u5de8\u982d<a href=\"https:\/\/nai500.com\/zh-hant\/%e8%82%a1%e7%a5%a8%e6%9f%a5%e8%a9%a2\/?qm_symbol=BABA\">\u963f\u88e1\u5df4\u5df4\uff08NYSE: BABA\uff09<\/a>\u3002\u4f5c\u70ba\u4e2d\u570b\u96fb\u5546\u884c\u696d\u7684\u9818\u5c0e\u8005\uff0c\u963f\u88e1\u8207\u4f2f\u514b\u5e0c\u723e\u91cd\u5009\u7684\u4e9e\u99ac\u905c\u5b58\u5728\u8af8\u591a\u76f8\u4f3c\u4e4b\u8655\uff0c\u7406\u61c9\u6210\u70ba\u6f5b\u5728\u6295\u8cc7\u6a19\u7684\u3002\u963f\u88e1\u5df4\u5df4\u5177\u5099\u8a31\u591a\u201c\u5df4\u83f2\u7279\u80a1\u7968\u201d\u7684\u7279\u5fb5\uff0c\u4f46\u6295\u8cc7\u8005\u4ecd\u9700\u8b39\u614e\u8a55\u4f30\u5176\u6295\u8cc7\u50f9\u503c\u3002<\/p>\n<p>\u5118\u7ba1\u5982\u6b64\uff0c\u901a\u904e\u5206\u6790\u963f\u88e1\u5df4\u5df4\u662f\u5426\u7b26\u5408\u201c\u5df4\u83f2\u7279\u6a19\u6e96\u201d\uff0c\u6216\u53ef\u70ba\u666e\u901a\u6295\u8cc7\u8005\u63d0\u4f9b\u53c3\u8003\u3002<\/p>\n<h1>\u7b26\u5408\u5df4\u83f2\u7279\u9078\u80a1\u908f\u8f2f\u7684\u4e09\u5927\u7279\u8cea<\/h1>\n<p>\u9996\u5148\uff0c\u963f\u88e1\u5df4\u5df4\u4f5c\u70ba\u5168\u7403\u6700\u5927\u96fb\u5546\u5e02\u5834\u4e4b\u4e00\u7684\u9f8d\u982d\uff0c\u884c\u696d\u5730\u4f4d\u7b26\u5408\u5df4\u83f2\u7279\u201c\u8b77\u57ce\u6cb3\u201d\u7684\u6295\u8cc7\u7406\u5ff5\u3002\u7576\u524d\u8a72\u80a1\u5e02\u76c8\u7387\u964d\u81f315.6\u500d\uff0c\u4e0d\u8db3\u6a19\u666e500\u6307\u6578\u5747\u503c\u7684\u4e00\u534a\uff0c\u540c\u6642\u9060\u4f4e\u65bc\u4e9e\u99ac\u905c\u768435\u500d\u548c\u62c9\u7f8e\u96fb\u5546\u5de8\u982dMercadoLibre\u768461\u500d\uff0c\u4f30\u503c\u512a\u52e2\u986f\u8457\u3002<\/p>\n<p>\u8ca1\u52d9\u6578\u64da\u65b9\u9762\uff0c\u5118\u7ba12026\u8ca1\u5e74\u7b2c\u4e00\u5b63\u5ea6\uff08\u622a\u81f36\u670830\u65e5\uff09\u71df\u6536350\u5104\u7f8e\u5143\u50c5\u540c\u6bd4\u589e\u95772%\uff0c\u589e\u901f\u8f032025\u8ca1\u5e74\u76846%\u6709\u6240\u653e\u7de9\uff0c\u4f46\u7576\u5b63\u6de8\u5229\u6f64\u905459\u5104\u7f8e\u5143\uff0c\u540c\u6bd4\u731b\u589e76%\u3002\u5206\u6790\u5e2b\u9810\u8a08\u4eca\u5e74\u71df\u6536\u5c07\u589e6%\uff0c\u6bcf\u80a1\u6536\u76ca\u905462.47\u7f8e\u5143\uff0c\u660e\u5e74\u6709\u671b\u589e\u81f375.19\u7f8e\u5143\u3002\u7d50\u54082025\u8ca1\u5e7477%\u7684\u5229\u6f64\u589e\u901f\uff0c\u7576\u524d\u5e02\u76c8\u7387\u986f\u5f97\u6975\u5177\u5438\u5f15\u529b\u3002<\/p>\n<p>\u6b64\u5916\uff0c\u5df4\u83f2\u7279\u5718\u968a\u5c0d\u4e2d\u570b\u8cc7\u7522\u4e26\u4e0d\u964c\u751f\uff1a\u4ed6\u66fe\u9577\u671f\u6301\u5009\u6bd4\u4e9e\u8fea\uff0c\u5df4\u83f2\u7279\u9577\u671f\u5408\u5925\u4eba\u67e5\u7406\u00b7\u8292\u683c\u4e5f\u66fe\u57282021\u5e74\u5efa\u5009\u963f\u88e1\u3002<\/p>\n<h2>\u96e3\u4ee5\u5ffd\u8996\u7684\u4e09\u5927\u6295\u8cc7\u98a8\u96aa<\/h2>\n<p>\u7136\u800c\u8292\u683c\u5f88\u5feb\u627f\u8a8d\u6295\u8cc7\u963f\u88e1\u662f\u201c\u932f\u8aa4\u6c7a\u7b56\u201d\u3002\u4ed6\u5c07\u8a72\u6295\u8cc7\u5f62\u5bb9\u70ba\u201c\u9ad8\u5ea6\u7af6\u722d\u6027\u201d\uff0c\u4e26\u5728\u89c0\u5bdf\u5230\u5b98\u65b9\u5c0d\u99ac\u96f2\u8a00\u8ad6\u7684\u53cd\u61c9\u5f8c\uff0c\u8a8d\u70ba\u4e2d\u6982\u80a1\u6574\u9ad4\u5b58\u5728\u98a8\u96aa\uff0c\u57fa\u91d1\u96a8\u5f8c\u958b\u59cb\u62cb\u552e\u3002<\/p>\n<p>\u5c0d\u7f8e\u570b\u6295\u8cc7\u8005\u800c\u8a00\uff0c\u4ed6\u5011\u53ea\u80fd\u901a\u904e\u7f8e\u570b\u5b58\u6258\u6191\u8b49\uff08ADR\uff09\u9593\u63a5\u6301\u6709\u963f\u88e1\u80a1\u7968\uff0c\u4f46\u98a8\u96aa\u9060\u4e0d\u6b62\u65bc\u6b64\u30022021\u5e74\u7f8e\u570b\u8b49\u4ea4\u6703\uff08SEC\uff09\u66fe\u4ee5\u8ca1\u52d9\u900f\u660e\u5ea6\u4e0d\u8db3\u70ba\u7531\u5a01\u8105\u6458\u724c\u4e2d\u6982\u80a1\uff0c\u96d6\u6700\u7d42\u9054\u6210\u5354\u8b70\uff0c\u4f46\u8fd1\u671f\u8a72\u98a8\u96aa\u518d\u6b21\u6d6e\u73fe\u3002<\/p>\n<p>\u66f4\u70ba\u95dc\u9375\u7684\u662f\u5730\u7de3\u653f\u6cbb\u56e0\u7d20\u2014\u20142022\u5e74\u4f2f\u514b\u5e0c\u723e\u7ba1\u7406\u5c64\u5efa\u5009\u53f0\u7a4d\u96fb\u5f8c\uff0c\u5df4\u83f2\u7279\u56e0\u201c\u64d4\u6182\u8207\u4e2d\u570b\u76f8\u95dc\u7684\u5730\u7de3\u653f\u6cbb\u98a8\u96aa\u201d\u8fc5\u901f\u6e05\u5009\u3002\u5118\u7ba1\u4f2f\u514b\u5e0c\u723e\u81ea\u8eab\u6301\u6709\u6bd4\u4e9e\u8fea\uff0c\u4e14\u6700\u5927\u91cd\u5009\u80a1\u860b\u679c\u7684\u6838\u5fc3\u7522\u696d\u93c8\u4ecd\u4f9d\u8cf4\u4e2d\u570b\uff0c\u4f46\u9019\u985e\u98a8\u96aa\u6216\u53ef\u89e3\u91cb\u70ba\u4f55\u963f\u88e1\u5728\u7f8e\u4e0a\u5e0211\u5e74\u4f86\u6f32\u5e45\u50c540%\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u4e4d\u770b\u4e4b\u4e0b\uff0c\u90e8\u5206\u6295\u8cc7\u8005\u53ef\u80fd\u6703\u7591\u60d1\u70ba\u4f55\u5df4\u83f2\u7279\u53ca\u5176\u516c\u53f8\u4f2f\u514b\u5e0c\u723e\u00b7\u54c8\u6492\u97cb\u5f9e\u672a\u6301\u6709\u4e2d\u570b\u79d1\u6280\u5de8\u982d\u963f\u88e1\u5df4\u5df4\uff08NYSE: BA [&hellip;]<\/p>\n","protected":false},"author":27,"featured_media":401044,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[1522,431],"tags":[801,2153,2159,2168],"class_list":{"0":"post-590880","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","6":"hentry","7":"category-1522","8":"category-trends-strategies-zh-hant","9":"tag-801","10":"tag--zh-hant","11":"tag-2159","13":"sectors-technology-zh-hant","14":"locations-china-zh-hant","15":"locations-us-zh-hant","16":"exchange-nyse-zh-hant"},"acf":[],"_links":{"self":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/590880","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\/27"}],"replies":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/comments?post=590880"}],"version-history":[{"count":3,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/590880\/revisions"}],"predecessor-version":[{"id":590883,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/590880\/revisions\/590883"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/media\/401044"}],"wp:attachment":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/media?parent=590880"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/categories?post=590880"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/tags?post=590880"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}