{"id":613409,"date":"2026-01-07T00:03:31","date_gmt":"2026-01-07T08:03:31","guid":{"rendered":"https:\/\/nai500.com\/?p=613409"},"modified":"2026-01-07T00:03:31","modified_gmt":"2026-01-07T08:03:31","slug":"2026-%e5%b9%b4%e7%be%8e%e5%9c%8b-ipo-%e5%b8%82%e5%a0%b4%e6%9c%89%e6%9c%9b%e8%bf%8e%e4%be%86%e8%a6%8f%e6%a8%a1%e7%88%86%e7%99%bc","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hant\/blog\/2026\/01\/2026-%e5%b9%b4%e7%be%8e%e5%9c%8b-ipo-%e5%b8%82%e5%a0%b4%e6%9c%89%e6%9c%9b%e8%bf%8e%e4%be%86%e8%a6%8f%e6%a8%a1%e7%88%86%e7%99%bc\/","title":{"rendered":"2026\u5e74\u7f8e\u570bIPO\u5e02\u5834\u6709\u671b\u8fce\u4f86\u898f\u6a21\u7206\u767c"},"content":{"rendered":"<p class=\"p1\"><span class=\"s1\">\u7f8e\u570b\u9996\u6b21\u516c\u958b\u52df\u80a1\u5e02\u5834\u6b63\u70ba2026\u5e74\u53ef\u80fd\u5230\u4f86\u7684\u4ea4\u6613\u71b1\u6f6e\u7a4d\u6975\u6e96\u5099\uff0c\u5176\u898f\u6a21\u6709\u671b\u5ab2\u7f8e\u751a\u81f3\u8d85\u8d8a\u75ab\u60c5\u671f\u9593\u7684\u7d00\u9304\u6c34\u5e73\u3002\u4e00\u6ce2\u6db5\u84cb\u524d\u6cbf\u79d1\u6280\u3001\u91d1\u878d\u8207\u52a0\u5bc6\u8ca8\u5e63\u7b49\u9818\u57df\u7684\u77e5\u540d\u79c1\u71df\u516c\u53f8\u6b63\u6392\u968a\u7b49\u5019\uff0c\u6216\u5c07\u4fc3\u6210\u6709\u53f2\u4ee5\u4f86\u898f\u6a21\u6700\u5927\u7684\u4e0a\u5e02\u6d3b\u52d5\u4e4b\u4e00\u3002\u56de\u98672025\u5e74\uff0c\u7f8e\u570bIPO\u5e02\u5834\u5df2\u986f\u9732\u5f37\u52c1\u52e2\u982d\uff0c\u79c1\u52df\u80a1\u6b0a\u652f\u6301\u7684\u4e0a\u5e02\u6848\u4f8b\u9054\u5230\u968e\u6bb5\u6027\u9ad8\u9ede\uff0c\u9019\u70ba\u5f8c\u7e8c\u5927\u91cf\u7a4d\u58d3\u8cc7\u7522\u7684\u8655\u7406\u6253\u958b\u4e86\u901a\u9053\u3002\u7576\u524d\u5e02\u5834\u74b0\u5883\u4ea6\u683c\u5916\u6709\u5229\uff0c\u6a19\u666e500\u6307\u6578\u9810\u671f\u5ef6\u7e8c\u5347\u52e2\uff0c\u8861\u91cf\u5e02\u5834\u6ce2\u52d5\u8207\u6050\u614c\u60c5\u7dd2\u7684VIX\u6307\u6578\u5247\u5f98\u5f8a\u65bc\u591a\u5e74\u4f4e\u4f4d\uff0c\u5171\u540c\u71df\u9020\u4e86\u9069\u5b9c\u7684\u767c\u884c\u7a97\u53e3\u3002<\/span><\/p>\n<h2 class=\"p1\"><span class=\"s1\">\u91cd\u78c5\u5de8\u982d\u5f15\u9818\u98a8\u6f6e<\/span><\/h2>\n<p class=\"p1\"><span class=\"s1\">\u5728\u6b64\u8f2a\u6f5b\u5728\u4e0a\u5e02\u6f6e\u4e2d\uff0c\u6700\u53d7\u77da\u76ee\u7684\u83ab\u904e\u65bc\u592a\u7a7a\u63a2\u7d22\u6280\u8853\u516c\u53f8SpaceX\u3002\u64da\u900f\u9732\uff0c\u8a72\u516c\u53f8\u5df2\u8655\u65bc\u4e0a\u5e02\u524d\u975c\u9ed8\u671f\uff0c\u6700\u65e9\u53ef\u80fd\u57282026\u5e74\u767b\u9678\u8cc7\u672c\u5e02\u5834\uff0c\u76ee\u6a19\u4f30\u503c\u9ad8\u9054\u7d041.5\u842c\u5104\u7f8e\u5143\uff0c\u5176\u878d\u8cc7\u898f\u6a21\u6709\u671b\u7a81\u7834300\u5104\u7f8e\u5143\uff0c\u6216\u5c07\u6210\u70ba\u53f2\u4e0a\u6700\u5927\u898f\u6a21\u7684IPO\u3002\u79d1\u6280\u8a55\u8ad6\u4eba\u58eb\u6307\u51fa\uff0c\u5118\u7ba1\u5176\u589e\u901f\u672a\u5fc5\u6700\u5feb\uff0c\u4f46SpaceX\u5728\u592a\u7a7a\u9818\u57df\u7684\u4e3b\u5c0e\u5730\u4f4d\u4f7f\u5176\u6210\u70ba\u5e02\u5834\u7126\u9ede\u3002\u8207\u6b64\u540c\u6642\uff0c\u7f8e\u570b\u62b5\u62bc\u8cb8\u6b3e\u5de8\u982d\u623f\u5229\u7f8e\u8207\u623f\u5730\u7f8e\uff08\u5408\u7a31\u201c\u7f8e\u570b\u5169\u623f\u201d\uff09\u7684\u91cd\u65b0\u4e0a\u5e02\u9032\u7a0b\u96d6\u5b58\u4e0d\u78ba\u5b9a\u6027\uff0c\u4f46\u4ea6\u88ab\u63d0\u4e0a\u65e5\u7a0b\u3002\u963f\u514b\u66fc\u65d7\u4e0b\u57fa\u91d1Pershing Square Capital Management\u4ea6\u8a08\u5283\u540c\u6b65\u63a8\u9032\u4e0a\u5e02\u4e8b\u5b9c\uff0c\u9810\u8a08\u52df\u96c6\u7d0450\u5104\u7f8e\u5143\u3002<\/span><\/p>\n<h2 class=\"p1\"><span class=\"s1\">\u591a\u5143\u4e3b\u984c\u5099\u53d7\u95dc\u6ce8<\/span><\/h2>\n<p class=\"p1\"><span class=\"s1\">\u4eba\u5de5\u667a\u80fd\u8207\u52a0\u5bc6\u8ca8\u5e63\u4ecd\u662fIPO\u5e02\u5834\u6700\u53d7\u95dc\u6ce8\u7684\u4e3b\u984c\u9818\u57df\u3002\u5118\u7ba1\u5b58\u5728\u64d4\u6182\u60c5\u7dd2\uff0c\u4f46\u76f8\u95dc\u4f01\u696d\u7684\u4e0a\u5e02\u6b65\u4f10\u4e26\u672a\u505c\u6b62\u3002\u4f8b\u5982\uff0c\u7372\u8c37\u6b4c\u98a8\u6295\u7b49\u6a5f\u69cb\u652f\u6301\u7684AI\u8eca\u968a\u7ba1\u7406\u8edf\u4ef6\u516c\u53f8Motive Technologies Inc.\u5df2\u57282025\u5e74\u672b\u63d0\u4ea4\u7533\u8acb\uff1b\u65c5\u904a\u61c9\u7528\u958b\u767c\u5546Klook\u4e5f\u8a08\u5283\u65bc2026\u5e74\u521d\u63a8\u9032\u4e0a\u5e02\u3002\u5728\u52a0\u5bc6\u8ca8\u5e63\u9818\u57df\uff0c\u4f30\u503c\u7d04200\u5104\u7f8e\u5143\u7684\u4ea4\u6613\u6240Kraken\u5df2\u79d8\u5bc6\u63d0\u4ea4\u7533\u8acb\uff0cGrayscale Investments Inc.\u8207BitGo Holdings Inc.\u7b49\u516c\u53f8\u7684\u52d5\u5411\u4ea6\u88ab\u5e02\u5834\u5bc6\u5207\u7559\u610f\u3002<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">\u6b64\u5916\uff0c\u822a\u5929\u570b\u9632\u3001\u5de5\u696d\u88fd\u9020\u7b49\u884c\u696d\u540c\u6a23\u6d3b\u8e8d\u3002\u91ab\u7642\u5065\u5eb7\u884c\u696d\u9810\u8a08\u5c07\u7387\u5148\u5553\u52d52026\u5e74\u7684IPO\u6d3b\u52d5\uff0c\u4f8b\u5982Aktis Oncology Inc.\u7684\u5b9a\u50f9\u88ab\u8996\u70ba\u5148\u884c\u4fe1\u865f\uff0c\u5f8c\u7e8c\u7cd6\u5c3f\u75c5\u7ba1\u7406\u516c\u53f8MiniMed Group Inc.\u7b49\u4f01\u696d\u6709\u671b\u8ddf\u9032\u3002\u6d88\u8cbb\u8207\u96f6\u552e\u9818\u57df\u4e5f\u986f\u73fe\u7a4d\u6975\u8de1\u8c61\u3002\u5e02\u5834\u5206\u6790\u8a8d\u70ba\uff0c\u5f37\u52c1\u7684\u7d93\u6fdf\u8207\u6d88\u8cbb\u9700\u6c42\u5c07\u70ba2026\u5e74\u6d88\u8cbb\u54c1\u53ca\u5de5\u696d\u4f01\u696d\u7684\u4e0a\u5e02\u71df\u9020\u66f4\u512a\u65bc2025\u5e74\u7684\u7d93\u71df\u8207\u5e02\u5834\u74b0\u5883\u3002<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u7f8e\u570b\u9996\u6b21\u516c\u958b\u52df\u80a1\u5e02\u5834\u6b63\u70ba2026\u5e74\u53ef\u80fd\u5230\u4f86\u7684\u4ea4\u6613\u71b1\u6f6e\u7a4d\u6975\u6e96\u5099\uff0c\u5176\u898f\u6a21\u6709\u671b\u5ab2\u7f8e\u751a\u81f3\u8d85\u8d8a\u75ab\u60c5\u671f\u9593\u7684\u7d00\u9304\u6c34\u5e73\u3002\u4e00\u6ce2\u6db5 [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":605847,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[426],"tags":[2500,2144,2416,1788,574],"class_list":["post-613409","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-news-zh-hant","tag-financing-2-zh-hant","tag-ipo-zh-hant","tag-u-s-stocks-zh-hant","tag-1788","tag-574","sectors-financial-products-zh-hant","locations-us-zh-hant","exchange-nasdaq-zh-hant","exchange-nyse-zh-hant"],"acf":[],"_links":{"self":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/613409","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\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/comments?post=613409"}],"version-history":[{"count":3,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/613409\/revisions"}],"predecessor-version":[{"id":613412,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/613409\/revisions\/613412"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/media\/605847"}],"wp:attachment":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/media?parent=613409"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/categories?post=613409"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/tags?post=613409"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}