{"id":1152,"date":"2026-06-02T22:49:22","date_gmt":"2026-06-02T14:49:22","guid":{"rendered":"https:\/\/khsci.com\/khQuant\/?page_id=1152"},"modified":"2026-06-03T00:07:49","modified_gmt":"2026-06-02T16:07:49","slug":"floatt0","status":"publish","type":"page","link":"https:\/\/khsci.com\/khQuant\/floatt0\/","title":{"rendered":"\u6d6e\u52a8\u7f51\u7edc\u7f51\u683c\u4ea4\u6613\u7814\u7a76"},"content":{"rendered":"

\u4e0a\u4e00\u7bc7\u6587\u7ae0<\/a>\u91cc\uff0c\u6211\u4eec\u628a\u56fa\u5b9a\u7f51\u683c<\/strong>\u62c6\u5f00\u63c9\u788e\u8bb2\u4e86\u4e00\u904d\uff1a\u5b83\u9760”\u8d5a\u6ce2\u52a8\u7387\u3001\u6512\u7f51\u683c\u5bf9”\u76c8\u5229\uff0c\u6700\u5173\u952e\u7684\u4e24\u4e2a\u53c2\u6570\u662f\u7f51\u683c\u95f4\u8ddd<\/strong>\u548c\u5355\u7b14\u4ea4\u6613\u91d1\u989d<\/strong>\uff1b\u5e76\u7528\u4e0a\u6da8\u3001\u4e0b\u8dcc\u3001\u6a2a\u76d8\u4e09\u79cd\u771f\u5b9e\u6837\u672c\u505a\u4e86\u53c2\u6570\u626b\u63cf\uff0c\u770b\u5230\u4e86\u5b83\u7684\u4e24\u5927\u8f6f\u808b\u2014\u2014\u5355\u8fb9\u4e0a\u6da8\u65f6”\u5356\u98de\u8e0f\u7a7a”\u3001\u5355\u8fb9\u4e0b\u8dcc\u65f6”\u6ee1\u4ed3\u63a5\u98de\u5200”\u3002\u90a3\u7bc7\u6700\u540e\u7559\u4e0b\u4e86\u4e00\u4e2a\u6ca1\u6709\u89e3\u51b3\u7684\u96be\u9898\uff1a\u56fa\u5b9a\u7f51\u683c\u7684\u6700\u4f18\u53c2\u6570\u4f1a\u968f\u884c\u60c5\u5f62\u72b6\u6539\u53d8\uff0c\u4f46\u672a\u6765\u7684\u884c\u60c5\u8c01\u4e5f\u65e0\u6cd5\u9884\u77e5<\/strong>\uff1b\u5e76\u63d0\u51fa\u4e86\u4e00\u4e2a\u8fdb\u9636\u65b9\u5411\u2014\u2014\u80fd\u4e0d\u80fd\u8ba9\u7f51\u683c\u7684\u951a\u70b9\u8ddf\u7740\u884c\u60c5\u81ea\u5df1\u6f02\u79fb<\/strong>\uff0c\u800c\u4e0d\u662f\u9489\u6b7b\u4e0d\u52a8\uff1f<\/p>\n

\u8fd9\u4e00\u7bc7\uff0c\u5c31\u6765\u6b63\u9762\u56de\u7b54\u8fd9\u4e2a\u95ee\u9898\u3002\u6240\u8c13”\u8ba9\u951a\u70b9\u4f1a\u52a8”\u7684\u7f51\u683c\uff0c\u5c31\u662f\u6d6e\u52a8\u7f51\u683c<\/strong>\u3002\u6211\u4eec\u628a\u56fa\u5b9a\u7f51\u683c vs \u6d6e\u52a8\u7f51\u683c<\/strong>\u653e\u8fdb\u540c\u4e00\u5957 180 \u7ec4\u56de\u6d4b\u91cc\uff08\u6cbf\u7528\u4e0a\u4e00\u7bc7\u7684 khQuant \u7eaf\u4ee3\u7801\u3001\u96f6\u6ed1\u70b9\u53e3\u5f84\uff09\uff0c\u770b\u770b”\u951a\u70b9\u5230\u5e95\u8be5\u4e0d\u8be5\u52a8”\u2014\u2014\u7b54\u6848\u53ef\u80fd\u548c\u5f88\u591a\u4eba\u7684\u76f4\u89c9\u4e0d\u4e00\u6837\u3002<\/p>\n

\n \u8fd9\u4e5f\u662f\u4e00\u4e2a\u7cfb\u5217\u7684\u5f00\u59cb\u3002\u4e0a\u4e00\u7bc7\u628a\u57fa\u7840\u7f51\u683c<\/strong>\u8bb2\u900f\u3001\u628a\u5b83\u7684\u77ed\u677f<\/strong>\u4e5f\u644a\u5f00\u4e86\uff1b\u540e\u7eed\u6211\u4f1a\u6cbf\u7740\u8fd9\u6761\u7ebf\u7ee7\u7eed\u63a2\u7d22\u5b83\u7684\u5404\u79cd\u6539\u8fdb\u601d\u8def<\/strong>\u2014\u2014\u6d6e\u52a8\u951a\u70b9\u3001\u52a8\u6001\u95f4\u8ddd\u3001\u6ce2\u52a8\u7387\u81ea\u9002\u5e94\u3001\u8d8b\u52bf\u8fc7\u6ee4\u3001\u591a\u54c1\u79cd\u7ec4\u5408\u2026\u2026\u6bcf\u4e00\u79cd\u90fd\u7528\u540c\u6837\u6210\u4f53\u7cfb\u7684\u53c2\u6570\u626b\u63cf + \u591a\u573a\u666f\u56de\u6d4b\u5bf9\u6bd4<\/strong>\u6765\u68c0\u9a8c\uff0c\u8ba9”\u542c\u8d77\u6765\u66f4\u806a\u660e”\u7684\u6539\u8fdb\u5fc5\u987b\u5148\u5728\u6570\u636e\u4e0a\u8bc1\u660e\u81ea\u5df1\u3002\u672c\u7bc7\u7684”\u6d6e\u52a8\u7f51\u683c”\uff0c\u662f\u8fd9\u4e2a\u7cfb\u5217\u7684\u7b2c\u4e00\u7ad9\u3002\n<\/p><\/blockquote>\n

\n

\u4e00\u3001\u7f51\u683c\u4ea4\u6613\uff1a\u4e00\u5206\u949f\u56de\u987e<\/h2>\n

\u7f51\u683c\u4ea4\u6613\u7684\u6838\u5fc3\u601d\u8def\u975e\u5e38\u76f4\u767d\uff1a\u7ed9\u4ef7\u683c\u753b\u4e00\u5f20”\u7f51”\uff0c\u4ef7\u683c\u8dcc\u5230\u67d0\u6761\u7ebf\u5c31\u4e70\u5165\uff0c\u6da8\u5230\u67d0\u6761\u7ebf\u5c31\u5356\u51fa\uff0c\u53cd\u590d\u8d5a\u53d6\u6ce2\u52a8\u5dee\u4ef7\u3002<\/strong><\/p>\n

\u5b83\u5929\u7136\u9002\u5408\u00a0\u9707\u8361\u884c\u60c5<\/strong>\u00a0\u548c\u00a0ETF \u54c1\u79cd<\/strong>\uff08ETF \u514d\u5370\u82b1\u7a0e\u3001\u652f\u6301 T+0\u3001\u6d41\u52a8\u6027\u597d\uff09\uff0c\u56e0\u6b64\u6210\u4e3a\u8bb8\u591a\u91cf\u5316\u5165\u95e8\u8005\u7684\u7b2c\u4e00\u4e2a\u7b56\u7565\u3002<\/p>\n

\u4f46”\u7f51”\u600e\u4e48\u753b\uff0c\u6709\u4e24\u79cd\u4e0d\u540c\u601d\u8def\u2014\u2014\u56fa\u5b9a\u7f51\u683c<\/strong>\u548c\u6d6e\u52a8\u7f51\u683c<\/strong>\u3002\u5b83\u4eec\u7684\u5dee\u5f02\u4e0d\u5728\u4e8e”\u4e70\u5356\u89c4\u5219”\uff0c\u800c\u5728\u4e8e\u4e00\u4e2a\u5173\u952e\u53d8\u91cf\uff1a\u951a\u70b9\uff08anchor\uff09\u600e\u4e48\u5904\u7406<\/strong>\u3002<\/p>\n

\n

\u4e8c\u3001\u6df1\u5165\u62c6\u89e3\uff1a\u56fa\u5b9a\u7f51\u683c vs \u6d6e\u52a8\u7f51\u683c<\/h2>\n

2.1 \u56fa\u5b9a\u7f51\u683c\uff1a\u951a\u70b9\u4e00\u65e6\u786e\u5b9a\uff0c\u6c38\u4e0d\u79fb\u52a8<\/h3>\n

\u57fa\u672c\u539f\u7406<\/strong><\/p>\n

    \n
  1. \u9996\u6b21\u5efa\u4ed3\uff1a\u4ee5\u5f53\u524d\u4ef7\u4e3a\u951a\u70b9<\/strong>\uff0c\u4e70\u5165 50% \u5e95\u4ed3<\/p>\n<\/li>\n
  2. \n

    \u4ee5\u951a\u70b9\u4e3a\u57fa\u51c6\u3001\u6309\u7edd\u5bf9\u7b49\u5bbd<\/strong>\u5212\u5206\u4e00\u6574\u6392\u7f51\u683c\u5c42\u7ea7\uff1a\u5c42\u7ea7\u5bbd = \u951a\u70b9 \u00d7 \u95f4\u8ddd\uff08\u6052\u5b9a\u4e0d\u53d8\uff09\u3002\u4ef7\u683c\u843d\u5728\u54ea\u4e00\u683c\u7528\u00a0\u5c42\u7ea7 = \u230a(\u4ef7\u683c \u2212 \u951a\u70b9) \u00f7 \u5c42\u7ea7\u5bbd\u230b<\/code>\u00a0\u7b97\u51fa<\/p>\n<\/li>\n

  3. \n

    \u53ea\u8bb0\u4e0a\u6b21\u6210\u4ea4\u6240\u5728\u7684\u5c42\u7ea7 base<\/strong>\u3002\u5f53\u4ef7\u683c\u8fdb\u5165\u4e0e base \u4e0d\u540c\u7684\u5c42\u7ea7\u624d\u52a8\u4f5c\u4e00\u6b21\uff1a\u4f4e\u4e00\u5c42 \u2192 \u4e70\uff1b\u9ad8\u4e00\u5c42 \u2192 \u5356\uff1b\u4e00\u6b21\u8de8\u591a\u5c42\u4e5f\u53ea\u7b97\u4e00\u7b14\uff08base \u76f4\u63a5\u8df3\u5230\u65b0\u5c42\u7ea7\uff09<\/p>\n<\/li>\n

  4. \n

    \u951a\u70b9\u6c38\u4e0d\u6539\u53d8<\/strong><\/p>\n<\/li>\n<\/ol>\n

    \n

    \u5173\u952e<\/strong>\uff1a\u7b56\u7565\u4e0d\u662f”\u4ef7\u683c\u6bcf\u7a7f\u4e00\u6761\u7ebf\u5c31\u4e0b\u4e00\u5355”\uff0c\u800c\u662f\u6bd4\u8f83”\u73b0\u5728\u5728\u7b2c\u51e0\u683c”\u548c”\u4e0a\u6b21\u6210\u4ea4\u5728\u7b2c\u51e0\u683c”\u3002\u76c8\u5229\u6765\u81ea\u4ef7\u683c\u5728\u76f8\u90bb\u5c42\u7ea7\u95f4\u53cd\u590d\u5f80\u8fd4<\/strong>\u2014\u2014\u4e0b\u53bb\u4e00\u683c\u4e70\u3001\u56de\u5230\u4e0a\u4e00\u683c\u5356\uff0c\u6784\u6210\u4e00\u7ec4\u4e70\u4f4e\u5356\u9ad8\u3002\n<\/p><\/blockquote>\n

    \u4e3e\u4f8b<\/strong>\uff08\u95f4\u8ddd 0.8%\uff0c\u951a\u70b9 = 1.000\uff0c\u5c42\u7ea7\u5bbd = 0.008\uff09\uff1a<\/p>\n

    \u5efa\u4ed3\uff1a\u951a\u70b9=1.000\uff0cbase=\u5c42\u7ea70\u4ef7\u683c\u5728\u5c42\u7ea70\u5185\u6765\u56de \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u2192 \u540c\u5c42\u7ea7\uff0c\u4e0d\u4ea4\u6613\u8dcc\u5230 0.995\uff08\u5c42\u7ea7-1\uff09 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0\u2192 \u4e70\uff0cbase=-1\u56de\u5230 1.003\uff08\u5c42\u7ea70\uff09 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u2192 \u5356\uff0cbase=0 \u00a0 \u2190 \u5b8c\u6210\u4e00\u7ec4\u4e70\u4f4e\u5356\u9ad8\u518d\u8dcc\u518d\u6da8\uff0c\u53cd\u590d\u5728 -1\u21940 \u4e4b\u95f4\u5f80\u8fd4 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u2192 \u53cd\u590d\u6210\u4ea4\u4ece 1.003 \u4e00\u53e3\u6c14\u51b2\u5230 1.030\uff08\u2248\u5c42\u7ea7+3\uff09 \u00a0 \u00a0\u2192 \u53ea\u5356\u51fa\"\u4e00\u7b14\"\uff0cbase \u76f4\u63a5\u8df3\u5230 +3\n<\/code><\/pre>\n
    \n
    2.2 \u6d6e\u52a8\u7f51\u683c\uff1a\u6bcf\u6b21\u6210\u4ea4\u540e\uff0c\u951a\u70b9\u8ddf\u7740\u8d70<\/h3>\n
    \u57fa\u672c\u539f\u7406<\/strong><\/p>\n
    \u6d6e\u52a8\u7f51\u683c\u6ca1\u6709\u4e00\u6574\u6392\u56fa\u5b9a\u7f51\u683c\u7ebf<\/strong>\uff0c\u4efb\u610f\u65f6\u523b\u53ea\u8bb0\u4e00\u4e2a\u6570\u2014\u2014\u951a\u70b9<\/strong>\uff0c\u5e76\u7531\u5b83\u5b9e\u65f6\u7b97\u51fa\u4e24\u6761\u7ebf\uff1a<\/p>\n
      \n
    • \u4e70\u5165\u7ebf = \u951a\u70b9 \u00d7\uff081 \u2212 \u95f4\u8ddd\uff09<\/strong><\/p>\n<\/li>\n
    • \n
      \u5356\u51fa\u7ebf = \u951a\u70b9 \u00d7\uff081 + \u95f4\u8ddd\uff09<\/strong><\/p>\n<\/li>\n<\/ul>\n
      \u89c4\u5219\u53ea\u6709\u4e24\u6b65\uff0c\u5faa\u73af\u6267\u884c\uff1a<\/p>\n
        \n
      1. \u9996\u6b21\u5efa\u4ed3<\/strong>\uff1a\u4ee5\u5f53\u524d\u4ef7\u4e3a\u951a\u70b9\uff0c\u4e70\u5165 50% \u5e95\u4ed3<\/p>\n<\/li>\n
      2. \n
        \u4ef7\u683c\u89e6\u7ebf\u5c31\u6210\u4ea4\uff0c\u5e76\u628a\u951a\u70b9\u642c\u5230\u6210\u4ea4\u4ef7<\/strong>\uff1a\u8dcc\u5230\u4e70\u5165\u7ebf \u2192 \u4e70\uff1b\u6da8\u5230\u5356\u51fa\u7ebf \u2192 \u5356\u3002\u6bcf\u6210\u4ea4\u4e00\u6b21\uff0c\u951a\u70b9\u77ac\u95f4\u8df3<\/strong>\u5230\u65b0\u6210\u4ea4\u4ef7\uff0c\u4e24\u6761\u7ebf\u7acb\u523b\u968f\u4e4b\u5e73\u79fb<\/p>\n<\/li>\n<\/ol>\n
        \n
        \u5173\u952e<\/strong>\uff1a\u6d6e\u52a8\u7f51\u683c\u53ea\u8bb0\u5f97\u6700\u8fd1\u4e00\u7b14\u6210\u4ea4<\/strong>\uff0c\u4e0d\u8bb0\u5f97\u4efb\u4f55\u66f4\u65e9\u7684\u4ef7\u4f4d\u3002\u4e24\u6761\u7ebf\u50cf\u62a4\u680f\u88ab\u951a\u70b9\u62fd\u7740\u8d70\uff0c\u4ef7\u683c\u5728\u5e26\u5185\u7684\u5c0f\u6643\u52a8\uff08\u5e45\u5ea6\u4e0d\u5230\u4e00\u4e2a\u95f4\u8ddd\uff09\u4e00\u5f8b\u5ffd\u7565\u3002\n<\/p><\/blockquote>\n
        \u4e3e\u4f8b<\/strong>\uff08\u95f4\u8ddd 0.8%\uff09\uff1a<\/p>\n
        \u5efa\u4ed3\uff1a\u951a\u70b9=1.000 \u00a0\u2192 \u4e70\u7ebf=0.992\uff0c\u5356\u7ebf=1.008\u00a0 \u8dcc\u5230 0.992 \u2192 \u4e70\uff0c\u951a\u70b9\u8df3\u5230 0.992 \u2192 \u4e70\u7ebf=0.984\uff0c\u5356\u7ebf=1.000\u00a0 \u8dcc\u5230 0.984 \u2192 \u4e70\uff0c\u951a\u70b9\u8df3\u5230 0.984 \u2192 \u4e70\u7ebf=0.976\uff0c\u5356\u7ebf=0.992\u00a0 \u53cd\u5f39\u5230 0.992 \u2192 \u5356\uff0c\u951a\u70b9\u8df3\u5230 0.992 \u2192 \u4e70\u7ebf=0.984\uff0c\u5356\u7ebf=1.000\u00a0 \u6da8\u5230 1.000 \u2192 \u5356\uff0c\u951a\u70b9\u8df3\u5230 1.000 \u2192 \u4e70\u7ebf=0.992\uff0c\u5356\u7ebf=1.008\u00a0 \u00a0 \u00a0 \u00a0 \u2026\u2026\u4e24\u6761\u7ebf\u59cb\u7ec8\"\u8d34\u8eab\u8ddf\u968f\"\u6700\u8fd1\u4e00\u6b21\u6210\u4ea4\u4ef7\n<\/code><\/pre>\n
        \n
        2.3 \u6838\u5fc3\u5dee\u5f02\u4e00\u89c8<\/h3>\n\n\n\n\n\n\n\n\n\n\n
        \u7ef4\u5ea6<\/th>\n\u56fa\u5b9a\u7f51\u683c<\/th>\n\u6d6e\u52a8\u7f51\u683c<\/th>\n<\/tr>\n<\/thead>\n
        \u951a\u70b9<\/td>\n\u521d\u59cb\u5316\u540e\u6c38\u4e0d\u53d8<\/strong><\/td>\n\u6bcf\u6b21\u6210\u4ea4\u540e\u6f02\u79fb\u5230\u65b0\u4ef7<\/strong><\/td>\n<\/tr>\n
        \u7f51\u683c\u7ebf<\/td>\n\u4e00\u6574\u6392\u56fa\u5b9a\u5c42\u7ea7\uff0c\u9489\u6b7b\u5728\u56fa\u5b9a\u4ef7\u4f4d<\/strong><\/td>\n\u53ea\u6709”\u951a\u70b9 \u00b1 \u95f4\u8ddd”\u4e24\u6761\u7ebf\uff0c\u8ddf\u7740\u6210\u4ea4\u4ef7\u6f02\u79fb<\/strong><\/td>\n<\/tr>\n
        \u89e6\u53d1\u95f4\u9694<\/td>\n\u7edd\u5bf9\u503c\u56fa\u5b9a<\/strong> \uff08\u951a\u70b9 \u00d7 \u95f4\u8ddd\uff09<\/td>\n\u968f\u4ef7\u683c\u653e\u5927\/\u7f29\u5c0f\uff08\u5f53\u524d\u4ef7 \u00d7 \u95f4\u8ddd\uff09<\/td>\n<\/tr>\n
        \u5355\u6b21\u5229\u6da6<\/td>\n1 \u4e2a\u95f4\u8ddd<\/td>\n\u4e0e\u56fa\u5b9a\u7f51\u683c\u76f8\u540c<\/strong><\/td>\n<\/tr>\n
        \u8fb9\u6da8\u8fb9\u9707\u8361<\/td>\n\u4ef7\u683c\u5728\u76f8\u90bb\u5c42\u7ea7\u95f4\u5f80\u8fd4\u5c31\u53cd\u590d\u6210\u5bf9\u5957\u5229\uff0c\u4ea4\u6613\u591a<\/strong><\/td>\n\u951a\u70b9\u88ab\u4e0d\u65ad\u63a8\u9ad8\uff0c\u5c0f\u56de\u64a4\u591f\u4e0d\u5230\u65b0\u89e6\u53d1\u8ddd\u79bb\u88ab\u8df3\u8fc7\uff0c\u4ea4\u6613\u5c11<\/strong><\/td>\n<\/tr>\n
        \u5355\u8fb9\u5f3a\u8d8b\u52bf<\/td>\n\u5728\u56fa\u5b9a\u7ebf\u4e0a\u65e9\u65e9\u628a\u5e95\u4ed3\u5356\u5149\u3001\u4e4b\u540e\u7a7a\u4ed3\u5e72\u7b49<\/td>\n\u951a\u70b9\u8ddf\u6da8\u3001\u5356\u5f97\u6162\uff0c\u66f4\u80fd”\u9a91\u4f4f”\u8d8b\u52bf<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
        2.4 \u4e00\u4e2a\u4f8b\u5b50\uff0c\u770b\u61c2\u4e24\u8005\u7684\u6839\u672c\u533a\u522b<\/h3>\n
        \u4e3a\u4e86\u628a\u533a\u522b\u4e00\u773c\u770b\u6e05\uff0c\u6211\u4eec\u6784\u9020\u4e00\u6bb5\u4e24\u6bb5\u5f0f<\/strong>\u4ef7\u683c\u8d70\u52bf\uff0c\u95f4\u8ddd\u53d6 1%\u3001\u521d\u59cb\u951a\u70b9 = 100\uff1a<\/p>\n
          \n
        • \u2460 \u6574\u5e45\u9707\u8361<\/strong>\uff08\u65f6\u95f4\u6b65 0~4\uff09\uff1a100 \u2192 99 \u2192 100 \u2192 99 \u2192 100<\/code>\uff0c\u6bcf\u6b21\u90fd\u662f\u6ee1\u4e00\u4e2a\u95f4\u8ddd\u7684\u6765\u56de\u2014\u2014\u7528\u6765\u770b\u6e05\u6d6e\u52a8\u7f51\u683c\u7684\u951a\u70b9\u600e\u4e48\u8ddf\u7740\u4ef7\u683c\u4e0a\u4e0b\u8d70<\/strong><\/p>\n<\/li>\n
        • \n
          \u2461 \u8fb9\u6da8\u8fb9\u6d45\u56de\u8e29<\/strong>\uff08\u65f6\u95f4\u6b65 5~11\uff09\uff1a101 \u2192 100.5 \u2192 101.5 \u2192 101 \u2192 102 \u2192 101.5 \u2192 102.5<\/code>\uff0c\u53f0\u9636\u5f0f\u4e0a\u884c\u3001\u56de\u8e29\u90fd\u4e0d\u5230\u4e00\u4e2a\u95f4\u8ddd\u2014\u2014\u7528\u6765\u770b\u6e05\u4e24\u8005\u5728\u9707\u8361\u504f\u5f3a\u91cc\u7684\u5206\u53c9<\/strong><\/p>\n<\/li>\n<\/ul>\n
          \"\u56fe\u7247\"<\/p>\n
          \u56fa\u5b9a\u7f51\u683c vs \u6d6e\u52a8\u7f51\u683c \u7f51\u683c\u5212\u5206\u65b9\u5f0f\u5bf9\u6bd4<\/p>\n
          \n  \u4e0a\u56fe\u4e00\u773c\u770b\u6e05\u533a\u522b\uff1a\u4e24\u8005\u7684\u4e70\u5356\u65b9\u5411\u89c4\u5219\u76f8\u540c\uff0c\u90fd\u662f\u8fdb\u5165\u66f4\u4f4e\u4e00\u683c\u5c31\u4e70\u3001\u8fdb\u5165\u66f4\u9ad8\u4e00\u683c\u5c31\u5356\uff1b\u771f\u6b63\u4e0d\u540c\u7684\u662f”\u683c\u5b50\u600e\u4e48\u5212”\u3002<\/strong>\u00a0\u4e24\u56fe\u5171\u7528 y \u8f74 60~180\uff0c\u65b9\u4fbf\u76f4\u63a5\u5bf9\u6bd4\u7f51\u683c\u7684\u758f\u5bc6\u3002\u5de6\u4fa7\u56fa\u5b9a\u7f51\u683c<\/strong>\u2014\u2014\u7070\u8272\u865a\u7ebf\u662f\u9489\u6b7b\u7684\u56fa\u5b9a\u5c42\u7ea7\uff08\u52a0\u7c97\u5b9e\u7ebf\u662f\u951a\u70b9 = 100\uff09\uff0c\u4ece 70 \u5230 170 \u5171 11 \u6761\u7ebf\u3001\u95f4\u8ddd\u5168\u7a0b\u6052\u5b9a 10\uff0c\u6574\u5f20\u7f51\u6c38\u4e0d\u632a\u52a8<\/strong>\u3002\u53f3\u4fa7\u6d6e\u52a8\u7f51\u683c<\/strong>\u2014\u2014\u7070\u8272\u865a\u7ebf\u6807\u51fa\u4e86\u6bcf\u4e2a\u66fe\u7ecf\u7684\u951a\u70b9\u4f4d\u7f6e\uff0890 \/ 100 \/ 121 \/ 133.5 \/ 147 \/ 162\uff09\uff0c\u95f4\u8ddd\u4f9d\u6b21\u662f 10\u300121\u300112.5\u300113.5\u300115\u2014\u2014\u865a\u7ebf\u8d8a\u5f80\u4e0a\u8d8a\u758f\uff0c\u5bf9\u5e94\u7f51\u683c\u968f\u4ef7\u683c\u8d8a\u6da8\u8d8a\u5bbd<\/strong>\uff1b\u6a59\/\u7eff\u865a\u7ebf\u6bb5\u662f\u5404\u9636\u6bb5\u5f53\u524d\u751f\u6548\u7684\u4e70\u5356\u89e6\u53d1\u7ebf\uff0c\u9ed1\u8272\u9636\u68af\u7ebf\u662f\u6210\u4ea4\u540e\u8df3\u5230\u65b0\u6210\u4ea4\u4ef7\u7684\u951a\u70b9\u3002\u4e0b\u9762\u7528\u4e00\u6bb5\u793a\u4f8b\u4ef7\u683c\u5e8f\u5217\uff08\u95f4\u8ddd 10%\u3001\u521d\u59cb\u951a\u70b9 100\uff09\u9010\u6b65\u8fd8\u539f\u4e24\u79cd\u7f51\u683c\u7684\u89e6\u53d1\u903b\u8f91\u3002\n<\/p><\/blockquote>\n
          \u56fa\u5b9a\u7f51\u683c<\/strong>\uff1a\u951a\u70b9\u5b9a\u6b7b\u5728 100\uff0c\u5c42\u7ea7\u5bbd = 100 \u00d7 1% = 1.0\uff08\u7edd\u5bf9\u7b49\u5bbd\uff0c\u6c38\u4e0d\u53d8\uff09\u3002\u5c42\u7ea7 = \u230a(\u4ef7\u683c\u2212100)\/1.0\u230b\uff0cbase<\/code>\u00a0= \u4e0a\u6b21\u6210\u4ea4\u5c42\u7ea7\uff08\u5efa\u4ed3\u540e = 0\uff09\uff1a<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
          \u65f6\u95f4\u6b65<\/th>\n\u4ef7\u683c<\/th>\n\u6240\u5728\u5c42\u7ea7<\/th>\n\u5bf9\u6bd4 base<\/th>\n\u52a8\u4f5c<\/th>\nbase<\/th>\n<\/tr>\n<\/thead>\n
          0<\/td>\n100<\/td>\n0<\/td>\n\u5efa\u4ed3<\/td>\n\u4e70 50% \u5e95\u4ed3<\/td>\n0<\/td>\n<\/tr>\n
          1<\/td>\n90<\/td>\n-1<\/td>\n<0<\/td>\n\u4e70<\/strong><\/td>\n-1<\/td>\n<\/tr>\n
          2<\/td>\n100<\/td>\n0<\/td>\n>-1<\/td>\n\u5356<\/strong><\/td>\n0<\/td>\n<\/tr>\n
          3<\/td>\n90<\/td>\n-1<\/td>\n<0<\/td>\n\u4e70<\/strong><\/td>\n-1<\/td>\n<\/tr>\n
          4<\/td>\n100<\/td>\n0<\/td>\n>-1<\/td>\n\u5356<\/strong><\/td>\n0<\/td>\n<\/tr>\n
          5<\/td>\n110<\/td>\n1<\/td>\n>0<\/td>\n\u5356<\/strong><\/td>\n1<\/td>\n<\/tr>\n
          6<\/td>\n105<\/td>\n0<\/td>\n<1<\/td>\n\u4e70<\/strong><\/td>\n0<\/td>\n<\/tr>\n
          7<\/td>\n121<\/td>\n2<\/td>\n>0<\/td>\n\u5356<\/strong><\/td>\n2<\/td>\n<\/tr>\n
          8<\/td>\n115<\/td>\n1<\/td>\n<2<\/td>\n\u4e70<\/strong><\/td>\n1<\/td>\n<\/tr>\n
          9<\/td>\n133.5<\/td>\n3<\/td>\n>1<\/td>\n\u5356<\/strong><\/td>\n3<\/td>\n<\/tr>\n
          10<\/td>\n127<\/td>\n2<\/td>\n<3<\/td>\n\u4e70<\/strong><\/td>\n2<\/td>\n<\/tr>\n
          11<\/td>\n147<\/td>\n4<\/td>\n>2<\/td>\n\u5356<\/strong><\/td>\n4<\/td>\n<\/tr>\n
          12<\/td>\n139<\/td>\n3<\/td>\n<4<\/td>\n\u4e70<\/strong><\/td>\n3<\/td>\n<\/tr>\n
          13<\/td>\n162<\/td>\n6<\/td>\n>3<\/td>\n\u5356<\/strong><\/td>\n6<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
          \u2192 \u56fa\u5b9a\u7f51\u683c\u89e6\u53d1\u6210\u4ea4\u00a013 \u7b14<\/strong>\uff088 \u5356 5 \u4e70\uff0c\u4e0d\u542b\u521d\u59cb\u5efa\u4ed3\uff09\u3002\u5c42\u7ea7\u9489\u6b7b\uff0c\u65e0\u8bba \u2460 \u6bb5\u7684\u6ee1\u5e45\u9707\u8361\u8fd8\u662f \u2461 \u6bb5\u7684\u6d45\u56de\u8e29\uff0c\u53ea\u8981\u4ef7\u683c\u843d\u8fdb\u4e0e\u4e0a\u6b21\u6210\u4ea4\u4e0d\u540c\u7684\u683c\uff0c\u5c31\u4e70\/\u5356\u4e00\u6b21\u2014\u2014\u5b83\u628a\u788e\u6ce2\u52a8\u53cd\u590d\u6536\u5272\u4e86\u3002<\/p>\n
          \u6d6e\u52a8\u7f51\u683c<\/strong>\uff1a\u53ea\u6709\u4e24\u6761\u7ebf\u00a0\u951a\u70b9\u00d70.90<\/code>\uff08\u4e70\uff09\/\u00a0\u951a\u70b9\u00d71.10<\/code>\uff08\u5356\uff09\uff0c\u6bcf\u6210\u4ea4\u4e00\u6b21\u951a\u70b9\u7acb\u523b\u642c\u5230\u6210\u4ea4\u4ef7\uff1a<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
          \u65f6\u95f4\u6b65<\/th>\n\u4ef7\u683c<\/th>\n\u4e70\u7ebf<\/th>\n\u5356\u7ebf<\/th>\n\u52a8\u4f5c<\/th>\n\u65b0\u951a\u70b9<\/th>\n<\/tr>\n<\/thead>\n
          0<\/td>\n100<\/td>\n90<\/td>\n110<\/td>\n\u5efa\u4ed3<\/td>\n100<\/td>\n<\/tr>\n
          1<\/td>\n90<\/td>\n90<\/td>\n110<\/td>\n\u2264\u4e70\u7ebf \u2192 \u4e70<\/strong><\/td>\n90<\/td>\n<\/tr>\n
          2<\/td>\n100<\/td>\n81<\/td>\n99<\/td>\n\u2265\u5356\u7ebf \u2192 \u5356<\/strong><\/td>\n100<\/td>\n<\/tr>\n
          3<\/td>\n90<\/td>\n90<\/td>\n110<\/td>\n\u2264\u4e70\u7ebf \u2192 \u4e70<\/strong><\/td>\n90<\/td>\n<\/tr>\n
          4<\/td>\n100<\/td>\n81<\/td>\n99<\/td>\n\u2265\u5356\u7ebf \u2192 \u5356<\/strong><\/td>\n100<\/td>\n<\/tr>\n
          5<\/td>\n110<\/td>\n90<\/td>\n110<\/td>\n\u2265\u5356\u7ebf \u2192 \u5356<\/strong><\/td>\n110<\/td>\n<\/tr>\n
          6<\/td>\n105<\/td>\n99<\/td>\n121<\/td>\n\u5e26\u5185\uff0c\u4e0d\u52a8<\/td>\n110<\/td>\n<\/tr>\n
          7<\/td>\n121<\/td>\n99<\/td>\n121<\/td>\n\u2265\u5356\u7ebf \u2192 \u5356<\/strong><\/td>\n121<\/td>\n<\/tr>\n
          8<\/td>\n115<\/td>\n108.9<\/td>\n133.1<\/td>\n\u5e26\u5185\uff0c\u4e0d\u52a8<\/td>\n121<\/td>\n<\/tr>\n
          9<\/td>\n133.5<\/td>\n108.9<\/td>\n133.1<\/td>\n\u2265\u5356\u7ebf \u2192 \u5356<\/strong><\/td>\n133.5<\/td>\n<\/tr>\n
          10<\/td>\n127<\/td>\n120.15<\/td>\n146.85<\/td>\n\u5e26\u5185\uff0c\u4e0d\u52a8<\/td>\n133.5<\/td>\n<\/tr>\n
          11<\/td>\n147<\/td>\n120.15<\/td>\n146.85<\/td>\n\u2265\u5356\u7ebf \u2192 \u5356<\/strong><\/td>\n147<\/td>\n<\/tr>\n
          12<\/td>\n139<\/td>\n132.3<\/td>\n161.7<\/td>\n\u5e26\u5185\uff0c\u4e0d\u52a8<\/td>\n147<\/td>\n<\/tr>\n
          13<\/td>\n162<\/td>\n132.3<\/td>\n161.7<\/td>\n\u2265\u5356\u7ebf \u2192 \u5356<\/strong><\/td>\n162<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
          \u2192 \u6d6e\u52a8\u7f51\u683c\u89e6\u53d1\u6210\u4ea4\u00a08 \u7b14<\/strong>\uff086 \u5356 2 \u4e70\uff0c\u4e0d\u542b\u521d\u59cb\u5efa\u4ed3\uff09\u3002\u2460 \u6bb5<\/strong>\uff1a\u6bcf\u6210\u4ea4\u4e00\u6b21\u951a\u70b9\u5c31\u642c\u5bb6\uff0c\u4e70\u7ebf\/\u5356\u7ebf\u8ddf\u7740\u5e73\u79fb\uff0c\u6240\u4ee5\u5b83\u80fd\u8ddf\u7740 100\u219490 \u7684\u6ee1\u5e45\u9707\u8361\u4e00\u4e70\u4e00\u5356\u2014\u2014\u8fd9\u5c31\u662f”\u951a\u70b9\u8ddf\u968f”\u7684\u771f\u5b9e\u6837\u5b50<\/strong>\u3002\u2461 \u6bb5<\/strong>\uff1a\u7531\u4e8e\u951a\u70b9\u4e0d\u65ad\u63a8\u9ad8\uff0c\u4e70\u5356\u7ebf\u7684\u7edd\u5bf9\u5bbd\u5ea6\u4e5f\u5728\u653e\u5927\uff08\u534a\u5bbd\u4ece 10 \u653e\u5927\u5230 16.2\uff09\uff0c105 \/ 115 \/ 127 \/ 139 \u8fd9\u4e9b\u56de\u8e29\u90fd\u6ca1\u8dcc\u7834\u8d8a\u6765\u8d8a\u5bbd\u7684\u4e70\u7ebf\uff0c\u4e8e\u662f\u5168\u88ab\u8df3\u8fc7<\/strong>\uff0c\u76f4\u5230\u4ef7\u683c\u591f\u5230\u5356\u7ebf\u624d\u518d\u6210\u4ea4\u3002<\/p>\n
          \u540c\u4e00\u6bb5\u884c\u60c5\uff0c\u56fa\u5b9a\u7f51\u683c\u89e6\u53d1 13 \u7b14\u3001\u6d6e\u52a8\u7f51\u683c\u53ea\u89e6\u53d1 8 \u7b14\uff08\u5747\u4e0d\u542b\u521d\u59cb\u5efa\u4ed3\uff09\u2014\u2014\u8fd9\u5c31\u662f\u4e24\u8005\u6700\u6839\u672c\u7684\u533a\u522b<\/strong>\uff1a<\/p>\n
            \n
          • \u56fa\u5b9a\u7f51\u683c<\/strong>\u7684\u5c42\u7ea7\u9489\u6b7b\u5728\u7edd\u5bf9\u4ef7\u4f4d\u4e0a\uff0c\u53ea\u8981\u4ef7\u683c\u5728\u76f8\u90bb\u5c42\u7ea7\u95f4\u4e00\u4e0a\u4e00\u4e0b\uff0c\u5b83\u5c31\u4e00\u904d\u904d\u4e70\u4f4e\u5356\u9ad8 \u2192\u00a0\u5403\u900f”\u8fb9\u6da8\u8fb9\u56de\u8e29”\u7684\u9707\u8361<\/strong>\uff08\u8fd9\u6b63\u662f\u6807\u7684 B \u4e0a\u56fa\u5b9a\u7f51\u683c\u6210\u4ea4 5941 \u7b14\u3001\u6536\u76ca +14.13% \u53cd\u8d85\u7684\u539f\u56e0\uff09\u3002<\/p>\n<\/li>\n
          • \n
            \u6d6e\u52a8\u7f51\u683c<\/strong>\u6bcf\u6210\u4ea4\u4e00\u6b21\u5c31\u628a\u951a\u70b9\u642c\u5230\u73b0\u4ef7\u3001\u6574\u6761\u5e26\u5b50\u8ddf\u7740\u8d70\uff1a\u6ee1\u5e45\u6ce2\u52a8\u5b83\u7167\u6837\u8ddf\u3001\u80fd\u4e00\u4e70\u4e00\u5356\uff0c\u4f46\u4e0d\u5230\u4e00\u4e2a\u95f4\u8ddd\u7684\u6d45\u56de\u64a4\u4f1a\u88ab\u5e26\u5b50”\u7f69\u4f4f”\u800c\u8df3\u8fc7 \u2192\u00a0\u5c11\u505a\u65e0\u8c13\u5f80\u8fd4\u3001\u987a\u7740\u8d8b\u52bf\u8d70<\/strong>\uff08\u8fd9\u6b63\u662f\u5b83\u5728\u5355\u8fb9\u5f3a\u8d8b\u52bf\u6807\u7684 C \u4e0a\u66f4\u80fd\u9a91\u4f4f\u884c\u60c5\u3001+16.02% \u5360\u4f18\u7684\u539f\u56e0\uff09\u3002<\/p>\n<\/li>\n
          • \n
            \u5355\u8fb9\u4e0b\u8dcc\uff08\u6807\u7684 A\uff09\u91cc\u4e24\u8005\u90fd\u5728\u63a5\u5200\u3001\u90fd\u4e8f\uff0c\u6d6e\u52a8\u7f51\u683c\u56e0\u951a\u70b9\u8ddf\u8dcc\u3001\u8282\u594f\u7a0d\u7f13\u800c\u4e8f\u5f97\u7565\u5c11\u3002<\/p>\n<\/li>\n<\/ul>\n
            \u8fd9\u5c31\u662f\u5168\u90e8\u79d8\u5bc6<\/strong>\uff1a\u4e0d\u662f\u54ea\u79cd\u7f51\u683c”\u66f4\u806a\u660e”\uff0c\u800c\u662f\u9489\u6b7b\u7b49\u5bbd\u7684\u5c42\u7ea7\u7f51 vs \u8ddf\u968f\u6f02\u79fb\u7684\u4e24\u7ebf\u7f51<\/strong>\u8fd9\u4e24\u79cd\u5f62\u6001\uff0c\u5206\u522b\u5339\u914d\u4e0d\u540c\u5f62\u72b6\u7684\u884c\u60c5\u3002<\/p>\n
            \n
            \u4e09\u3001\u7406\u8bba\u597d\u770b\uff0c\u6570\u636e\u8bf4\u8bdd\uff1a180 \u7ec4\u56de\u6d4b\u5b9e\u9a8c<\/h2>\n
            3.1 \u5b9e\u9a8c\u8bbe\u8ba1<\/h3>\n
            \u6211\u4eec\u8bbe\u8ba1\u4e86\u4e00\u7ec4\u5927\u89c4\u6a21\u53c2\u6570\u626b\u63cf\u5b9e\u9a8c\uff1a<\/p>\n\n\n\n\n\n\n\n\n\n\n\n
            \u7ef4\u5ea6<\/th>\n\u53d6\u503c<\/th>\n<\/tr>\n<\/thead>\n
            \u6d4b\u8bd5\u6807\u7684<\/strong><\/td>\n3 \u53ea\u884c\u60c5\u7279\u5f81\u5404\u5f02\u7684 ETF<\/td>\n<\/tr>\n
            \u7f51\u683c\u95f4\u8ddd<\/strong><\/td>\n0.3%\u30010.5%\u30010.8%\u30011.2%\u30011.8%\u30012.5%\uff086 \u6863\uff09<\/td>\n<\/tr>\n
            \u5355\u7b14\u91d1\u989d<\/strong><\/td>\n0.5\u4e07\u30011.5\u4e07\u30013\u4e07\u30015\u4e07\u30018\u4e07\uff085 \u6863\uff09<\/td>\n<\/tr>\n
            \u56de\u6d4b\u533a\u95f4<\/strong><\/td>\n\u7ea6 14 \u4e2a\u6708\uff08274 \u4e2a\u4ea4\u6613\u65e5\uff09<\/td>\n<\/tr>\n
            \u6570\u636e\u9891\u7387<\/strong><\/td>\n1 \u5206\u949f K \u7ebf<\/td>\n<\/tr>\n
            \u521d\u59cb\u8d44\u91d1<\/strong><\/td>\n100 \u4e07\uff0c\u521d\u59cb\u5efa\u4ed3 50%<\/td>\n<\/tr>\n
            \u4ea4\u6613\u6210\u672c<\/strong><\/td>\n\u4f63\u91d1\u4e070.5\uff08\u6700\u4f4e 0.5 \u5143\uff09\u3001\u65e0\u5370\u82b1\u7a0e\uff08ETF\u514d\u7a0e\uff09\u3001\u6ed1\u70b9\u8bbe\u4e3a 0<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
            \u4e24\u79cd\u7b56\u7565 \u00d7 3 \u53ea ETF \u00d7 30 \u4e2a\u53c2\u6570\u7ec4\u5408 =\u00a0180 \u7ec4\u56de\u6d4b<\/strong>\uff0c\u6bcf\u7ec4\u5728\u72ec\u7acb\u8fdb\u7a0b\u4e2d\u8fd0\u884c\uff0c\u786e\u4fdd\u7ed3\u679c\u4e92\u4e0d\u5e72\u6270\uff0c\u5168\u90e8 180 \u7ec4\u5747\u6210\u529f<\/strong>\u3002<\/p>\n
            \n  \u8bf4\u660e\uff1a\u672c\u8f6e\u56de\u6d4b\u6ed1\u70b9\u8bbe\u4e3a 0<\/strong>\uff0c\u53ea\u4fdd\u7559\u6781\u4f4e\u7684\u4f63\u91d1\u3002\u76ee\u7684\u5f88\u7b80\u5355\u2014\u2014\u628a\u4ea4\u6613\u6210\u672c\u8fd9\u4e2a\u53d8\u91cf\u4ece\u7ed3\u679c\u91cc\u62ff\u6389\uff0c\u8ba9\u4e24\u79cd\u7f51\u683c\u7684\u5dee\u5f02\u7eaf\u7cb9\u7531\u673a\u5236\u672c\u8eab\u51b3\u5b9a<\/strong>\uff0c\u4fbf\u4e8e\u770b\u6e05”\u7f51\u683c\u5f62\u6001”\u4e0e”\u884c\u60c5\u5f62\u72b6”\u7684\u5339\u914d\u5173\u7cfb\u3002\n<\/p><\/blockquote>\n
            3.2 \u6807\u7684\u9009\u62e9\uff1a\u8986\u76d6\u4e09\u79cd\u5178\u578b\u884c\u60c5<\/h3>\n
            \"\u56fe\u7247\"<\/p>\n
            \u4e09\u53ea\u6d4b\u8bd5\u6807\u7684\u8d70\u52bf\u5bf9\u6bd4<\/p>\n
              \n
            • \u6807\u7684 A<\/strong>\uff1a\u533a\u95f4\u4e0b\u8dcc\u7ea6 11%\uff0c\u4ee3\u8868”\u9006\u98ce\u73af\u5883”\u2014\u2014\u7f51\u683c\u7b56\u7565\u6700\u4e0d\u5229\u7684\u573a\u666f<\/p>\n<\/li>\n
            • \n
              \u6807\u7684 B<\/strong>\uff1a\u533a\u95f4\u4e0a\u6da8\u7ea6 25%\uff0c\u6ce2\u52a8\u5927\uff0c\u4ee3\u8868”\u987a\u98ce + \u9707\u8361\u73af\u5883”<\/p>\n<\/li>\n
            • \n
              \u6807\u7684 C<\/strong>\uff1a\u533a\u95f4\u4e0a\u6da8\u7ea6 83%\uff0c\u5355\u8fb9\u5f3a\u52bf\u4e0a\u884c\uff0c\u4ee3\u8868”\u5f3a\u8d8b\u52bf\u73af\u5883”\u2014\u2014\u7f51\u683c\u7b56\u7565\u6700\u5bb9\u6613\u8e0f\u7a7a\u3001\u8dd1\u8f93\u4e70\u5165\u6301\u6709\u7684\u573a\u666f\uff08\u4e0e\u6807\u7684 A\u3001B \u5747\u51e0\u4e4e\u4e0d\u76f8\u5173\uff0c\u63d0\u4f9b\u5b8c\u5168\u72ec\u7acb\u7684\u7b2c\u4e09\u7c7b\u884c\u60c5\uff09<\/p>\n<\/li>\n<\/ul>\n
              \n
              \u56db\u3001\u5b9e\u9a8c\u7ed3\u679c\uff1a\u9010\u573a\u666f\u5206\u6790<\/h2>\n
              4.1 \u6807\u7684 A \u2014\u2014 \u5355\u8fb9\u4e0b\u8dcc\uff0c\u751f\u5b58\u8003\u9a8c<\/h3>\n
              \"\u56fe\u7247\"<\/p>\n
              \u6807\u7684A \u533a\u95f4\u8d70\u52bf<\/p>\n
              \u6807\u7684 A \u5728\u6d4b\u8bd5\u533a\u95f4\u5185\u6301\u7eed\u8d70\u5f31\uff0c\u7d2f\u8ba1\u4e0b\u8dcc\u7ea6 11%\u3002\u5bf9\u7f51\u683c\u7b56\u7565\u6765\u8bf4\uff0c\u8fd9\u662f\u6700\u4e0d\u5229\u7684\u73af\u5883\u2014\u2014\u4e0d\u65ad\u89e6\u53d1\u4e70\u5165\uff0c\u5374\u5f88\u5c11\u6709\u673a\u4f1a\u5356\u51fa\u83b7\u5229\u3002<\/p>\n\n\n\n\n\n\n\n\n\n
              \u6307\u6807<\/th>\n\u56fa\u5b9a\u7f51\u683c<\/th>\n\u6d6e\u52a8\u7f51\u683c<\/th>\n<\/tr>\n<\/thead>\n
              \u5e73\u5747\u6536\u76ca\u7387<\/td>\n-6.98%<\/td>\n-5.63%<\/strong><\/td>\n<\/tr>\n
              \u5e73\u5747\u6700\u5927\u56de\u64a4<\/td>\n15.75%<\/td>\n15.71%<\/strong><\/td>\n<\/tr>\n
              \u5e73\u5747\u6210\u4ea4\u7b14\u6570<\/td>\n1565<\/td>\n979<\/strong><\/td>\n<\/tr>\n
              \u6700\u4f18\u53c2\u6570\u4e0b\u6536\u76ca<\/td>\n+3.78%<\/strong><\/td>\n+2.95%<\/td>\n<\/tr>\n
              \u6700\u5dee\u53c2\u6570\u4e0b\u6536\u76ca<\/td>\n-17.65%<\/strong><\/td>\n-18.38%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
              \u4e24\u79cd\u7b56\u7565\u5728\u4e0b\u8dcc\u5e02\u90fd\u4e8f\u635f\uff0c\u5dee\u8ddd\u5f88\u5c0f\uff1a\u6d6e\u52a8\u7f51\u683c\u5e73\u5747\u5c11\u4e8f\u7ea6 1.4 \u4e2a\u767e\u5206\u70b9\uff08-5.63% \u5bf9 -6.98%\uff09\uff0c\u56fa\u5b9a\u7f51\u683c\u7684\u6700\u4f18\u53c2\u6570\u53cd\u800c\u7565\u9ad8\uff08+3.78% \u5bf9 +2.95%\uff09\uff0c\u4e24\u8005\u53c2\u6570\u8de8\u5ea6\u4e5f\u57fa\u672c\u76f8\u5f53\uff08\u7ea6 21 \u4e2a\u767e\u5206\u70b9\uff09\u3002<\/p>\n
              \u673a\u5236\u4e0a\uff0c\u8fd9\u6b63\u7b26\u5408\u9884\u671f\uff1a\u5355\u8fb9\u4e0b\u8dcc\u4e2d\uff0c\u56fa\u5b9a\u7f51\u683c\u6cbf\u7740\u9489\u6b7b\u7684\u7f51\u683c\u7ebf\u4e00\u8def\u63a5\u5200<\/strong>\uff0c\u8d8a\u8dcc\u4e70\u5f97\u8d8a\u591a\uff1b\u6d6e\u52a8\u7f51\u683c\u7684\u951a\u70b9\u8ddf\u7740\u4ef7\u683c\u5f80\u4e0b\u6f02<\/strong>\uff0c\u8282\u594f\u7a0d\u7f13\uff0c\u6240\u4ee5\u5e73\u5747\u4e8f\u5f97\u7565\u5c11\u3002\u4f46\u8fd9\u53ea\u662f”\u4e94\u5341\u6b65\u4e0e\u767e\u6b65”\u2014\u2014\u4e0b\u8dcc\u5e02\u662f\u7f51\u683c\u7684\u5929\u7136\u9006\u98ce\uff0c\u5b83\u5047\u8bbe\u4ef7\u683c\u4f1a\u56de\u5f52\uff0c\u5355\u8fb9\u8d8b\u52bf\u4e2d\u8fd9\u4e2a\u5047\u8bbe\u5931\u6548\uff0c\u65e0\u8bba\u54ea\u79cd\u7f51\u683c\uff0c\u65b9\u5411\u4e0a\u90fd\u96be\u4ee5\u626d\u4e8f<\/strong>\u3002<\/p>\n
              \"\u56fe\u7247\"<\/p>\n
              \u56fa\u5b9a\u7f51\u683c \u6807\u7684A \u6536\u76ca\u66f2\u9762<\/p>\n
              \"\u56fe\u7247\"<\/p>\n
              \u6d6e\u52a8\u7f51\u683c \u6807\u7684A \u6536\u76ca\u66f2\u9762<\/p>\n
              \n
              4.2 \u6807\u7684 B \u2014\u2014 \u9707\u8361\u504f\u5f3a\uff0c\u56fa\u5b9a\u7f51\u683c\u53cd\u8d85<\/h3>\n
              \"\u56fe\u7247\"<\/p>\n
              \u6807\u7684B \u533a\u95f4\u8d70\u52bf<\/p>\n
              \u6807\u7684 B \u5728\u6d4b\u8bd5\u671f\u5185\u6ce2\u52a8\u5267\u70c8\u4f46\u6574\u4f53\u4e0a\u6da8\u7ea6 25%\u3002<\/p>\n\n\n\n\n\n\n\n\n\n
              \u6307\u6807<\/th>\n\u56fa\u5b9a\u7f51\u683c<\/th>\n\u6d6e\u52a8\u7f51\u683c<\/th>\n<\/tr>\n<\/thead>\n
              \u5e73\u5747\u6536\u76ca\u7387<\/td>\n+14.13%<\/strong><\/td>\n+11.22%<\/td>\n<\/tr>\n
              \u5e73\u5747\u6700\u5927\u56de\u64a4<\/td>\n16.86%<\/td>\n14.37%<\/strong><\/td>\n<\/tr>\n
              \u5e73\u5747\u6210\u4ea4\u7b14\u6570<\/td>\n5941<\/td>\n1204<\/strong><\/td>\n<\/tr>\n
              \u6700\u4f18\u53c2\u6570\u4e0b\u6536\u76ca<\/td>\n+33.46%<\/strong><\/td>\n+20.41%<\/td>\n<\/tr>\n
              \u6700\u5dee\u53c2\u6570\u4e0b\u6536\u76ca<\/td>\n+6.84%<\/strong><\/td>\n-9.75%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
              \u8fd9\u662f\u56fa\u5b9a\u7f51\u683c\u8868\u73b0\u6700\u597d\u7684\u573a\u666f\uff0c\u4e5f\u6700\u80fd\u8bf4\u660e\u4e24\u8005\u7684\u673a\u5236\u5dee\u5f02\u3002<\/strong>\u00a0\u56fa\u5b9a\u7f51\u683c\u5e73\u5747 **+14.13%**\uff0c\u53cd\u8d85\u6d6e\u52a8\u7f51\u683c\u7684 +11.22%\uff0c\u6700\u4f18\u53c2\u6570\u9ad8\u8fbe +33.46%\uff0c\u8fde\u6700\u5dee\u53c2\u6570\u90fd\u662f\u6b63\u6536\u76ca +6.84%\uff08\u6d6e\u52a8\u6700\u5dee -9.75%\uff09\u3002<\/p>\n
              \u9053\u7406\u5c31\u85cf\u5728 2.4 \u8282\u90a3\u4e2a\u4f8b\u5b50\u91cc\uff1a\u6807\u7684 B \u662f\u5178\u578b\u7684”\u8fb9\u6da8\u8fb9\u53cd\u590d\u56de\u8e29<\/strong>“\u2014\u2014\u4ef7\u683c\u6da8\u4e0a\u53bb\u53c8\u8dcc\u56de\u6765\u3001\u518d\u6da8\u4e0a\u53bb\u3002\u56fa\u5b9a\u7f51\u683c\u7684\u5c42\u7ea7\u4f53\u7cfb\u9489\u6b7b\u3001\u7edd\u5bf9\u7b49\u5bbd<\/strong>\uff0c\u4ef7\u683c\u6bcf\u5b8c\u6210\u4e00\u6b21”\u8dcc\u5165\u4f4e\u4e00\u5c42\u3001\u518d\u56de\u5230\u9ad8\u4e00\u5c42”\u7684\u5f80\u8fd4\uff0c\u5c31\u518d\u5f62\u6210\u4e00\u7ec4\u4e70\u4f4e\u5356\u9ad8\uff0c\u628a\u8fd9\u79cd\u53cd\u590d\u6ce2\u52a8\u53cd\u590d\u6536\u5272\uff08\u6210\u4ea4 5941 \u7b14\uff09\u3002\u800c\u6d6e\u52a8\u7f51\u683c\u6210\u4ea4\u540e\u951a\u70b9\u88ab\u4e00\u6b21\u6b21\u63a8\u9ad8<\/strong>\uff0c\u4ef7\u683c\u56de\u8e29\u65f6\u5f80\u5f80\u8fd8\u6ca1\u591f\u5230”\u4ece\u65b0\u951a\u70b9\u518d\u8d70\u6ee1\u4e00\u4e2a\u95f4\u8ddd”\u7684\u89e6\u53d1\u6761\u4ef6\uff0c\u4e8e\u662f\u8df3\u8fc7\u4e86\u5927\u91cf\u6ce2\u6bb5<\/strong>\uff08\u6210\u4ea4\u4ec5 1204 \u7b14\uff09\uff0c\u5403\u5230\u7684\u6ce2\u52a8\u81ea\u7136\u66f4\u5c11\u3002<\/p>\n
              \u6362\u53e5\u8bdd\u8bf4\uff1a\u5728”\u9707\u8361 + \u504f\u5f3a”\u7684\u884c\u60c5\u91cc\uff0c\u9489\u6b7b\u7b49\u5bbd\u7684\u5c42\u7ea7\u7f51\u6070\u597d\u54ac\u5408\u4e86\u4ef7\u683c\u5728\u56fa\u5b9a\u5c42\u7ea7\u95f4\u53cd\u590d\u5f80\u8fd4\u7684\u5f62\u6001<\/strong>\uff0c\u8fd9\u662f\u56fa\u5b9a\u7f51\u683c\u7684\u4e3b\u573a\u3002\u6d6e\u52a8\u7f51\u683c\u5728\u6b64\u552f\u4e00\u4fdd\u7559\u7684\u4f18\u52bf\u662f\u56de\u64a4\u7565\u4f4e\uff0814.37% \u5bf9 16.86%\uff09\u2014\u2014\u5b83\u52a8\u5f97\u5c11\uff0c\u5355\u6b21\u66b4\u9732\u4e5f\u5c0f\u3002<\/p>\n
              \"\u56fe\u7247\"<\/p>\n
              \u56fa\u5b9a\u7f51\u683c \u6807\u7684B \u6536\u76ca\u66f2\u9762<\/p>\n
              \"\u56fe\u7247\"<\/p>\n
              \u6d6e\u52a8\u7f51\u683c \u6807\u7684B \u6536\u76ca\u66f2\u9762<\/p>\n
              \n
              4.3 \u6807\u7684 C \u2014\u2014 \u5355\u8fb9\u5f3a\u8d8b\u52bf\uff0c\u7f51\u683c\u7684\u8e0f\u7a7a\u8003\u9a8c<\/h3>\n
              \"\u56fe\u7247\"<\/p>\n
              \u6807\u7684C \u533a\u95f4\u8d70\u52bf<\/p>\n
              \u6807\u7684 C \u662f\u4e00\u6761\u5355\u8fb9\u5f3a\u52bf\u4e0a\u884c\u66f2\u7ebf\uff0c\u533a\u95f4\u7d2f\u8ba1\u4e0a\u6da8\u7ea6 83%\u3002\u5b83\u7531\u9ec4\u91d1\u4ef7\u683c\u9a71\u52a8\uff0c\u4e0e\u6807\u7684 A\uff08\u7f8e\u80a1\u6d88\u8d39\uff09\u3001\u6807\u7684 B\uff08\u6e2f\u80a1\u79d1\u6280\uff09\u7684\u65e5\u6536\u76ca\u76f8\u5173\u7cfb\u6570\u5747\u63a5\u8fd1 0\uff0c\u6784\u6210\u4e00\u7c7b\u5b8c\u5168\u72ec\u7acb\u7684\u7b2c\u4e09\u7c7b\u884c\u60c5\u3002\u5bf9\u7f51\u683c\u7b56\u7565\u800c\u8a00\uff0c\u5f3a\u8d8b\u52bf\u662f\u53e6\u4e00\u79cd\u5178\u578b\u7684\u4e0d\u5229\u573a\u666f\uff1a\u4ef7\u683c\u4e00\u8def\u4e0a\u884c\u5f88\u5c11\u56de\u8e29\uff0c\u7f51\u683c\u4e0d\u65ad\u5356\u51fa\u540e\u65e0\u6cd5\u5728\u66f4\u4f4e\u4f4d\u63a5\u56de\uff0c\u8d8a\u6da8\u8d8a\u7a7a\u4ed3\uff0c\u6781\u6613\u8dd1\u8f93”\u4e70\u5165\u5e76\u6301\u6709”\u3002<\/p>\n\n\n\n\n\n\n\n\n\n
              \u6307\u6807<\/th>\n\u56fa\u5b9a\u7f51\u683c<\/th>\n\u6d6e\u52a8\u7f51\u683c<\/th>\n<\/tr>\n<\/thead>\n
              \u5e73\u5747\u6536\u76ca\u7387<\/td>\n+13.08%<\/td>\n+16.02%<\/strong><\/td>\n<\/tr>\n
              \u5e73\u5747\u6700\u5927\u56de\u64a4<\/td>\n2.61%<\/strong><\/td>\n3.19%<\/td>\n<\/tr>\n
              \u5e73\u5747\u6210\u4ea4\u7b14\u6570<\/td>\n1110<\/td>\n161<\/strong><\/td>\n<\/tr>\n
              \u6700\u4f18\u53c2\u6570\u4e0b\u6536\u76ca<\/td>\n+37.05%<\/td>\n+38.92%<\/strong><\/td>\n<\/tr>\n
              \u6700\u5dee\u53c2\u6570\u4e0b\u6536\u76ca<\/td>\n+0.82%<\/td>\n+0.92%<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
              \u8fd9\u662f\u7f51\u683c”\u8f6f\u808b”\u7684\u573a\u666f\uff0c\u4f46\u4e5f\u6e05\u695a\u5730\u5c55\u793a\u4e86\u6d6e\u52a8\u7f51\u683c\u7684\u957f\u5904\u3002\u6807\u7684 C \u5355\u8fb9\u4e0a\u6da8\u7ea6 83%\uff0c\u4ef7\u683c\u4e00\u8def\u5411\u4e0a\u5f88\u5c11\u56de\u8e29\uff0c\u4e24\u79cd\u7f51\u683c\u90fd\u65e9\u65e9\u5356\u51fa\u3001\u63a5\u4e0d\u56de\u6765\uff0c**\u4e25\u91cd\u8dd1\u8f93”\u4e70\u5165\u5e76\u6301\u6709”\u7684 +83%**\uff08\u90fd\u53ea\u8d5a +13% ~ +16%\uff09\u3002<\/p>\n
              \u4f46\u6d6e\u52a8\u7f51\u683c\u5c0f\u5e45\u9886\u5148\uff08+16.02% \u5bf9 +13.08%\uff09<\/strong>\uff0c\u539f\u56e0\u6b63\u662f 2.4 \u8282\u8bb2\u7684\u673a\u5236\uff1a\u56fa\u5b9a\u7f51\u683c\u7684\u5356\u51fa\u7ebf\u9489\u6b7b\u5728\u4f4e\u4f4d\uff0c\u4ef7\u683c\u521a\u8d77\u6b65\u5c31\u628a\u5e95\u4ed3\u6cbf\u56fa\u5b9a\u7ebf\u4e00\u6279\u6279\u5356\u5149\uff0c\u4e4b\u540e\u5f7b\u5e95\u7a7a\u4ed3\u5e72\u7b49\uff1b\u6d6e\u52a8\u7f51\u683c\u7684\u951a\u70b9\u8ddf\u7740\u4ef7\u683c\u5f80\u4e0a\u6f02<\/strong>\uff0c\u5356\u5f97\u66f4\u6162\u3001\u66f4\u5206\u6563\uff0c\u7b49\u4e8e”\u9a91”\u4f4f\u4e86\u4e00\u622a\u8d8b\u52bf\uff0c\u6240\u4ee5\u591a\u5403\u5230\u4e00\u4e9b\u6da8\u5e45\u3002\u4e24\u8005\u6210\u4ea4\u90fd\u6781\u5c11\uff08\u56fa\u5b9a 1110 \u7b14\u3001\u6d6e\u52a8\u4ec5 161 \u7b14\uff09\uff0c\u56de\u64a4\u4e5f\u6781\u5c0f\uff082~3%\uff09\u3001\u6700\u5dee\u53c2\u6570\u4ecd\u662f\u6b63\u6536\u76ca\uff08+0.82% \/ +0.92%\uff09\u2014\u2014\u7f51\u683c\u5728\u5f3a\u8d8b\u52bf\u4e2d\u4e0d\u4f1a\u4e8f\u94b1\uff0c\u4f46\u4f1a\u5927\u5e45\u8e0f\u7a7a<\/strong>\uff0c\u8fd9\u662f\u5b83\u4e0e\u5355\u8fb9\u4e0b\u8dcc\uff08\u6807\u7684 A\uff09\u76f8\u5bf9\u5e94\u7684\u53e6\u4e00\u7c7b\u5178\u578b\u4e0d\u5229\u573a\u666f\uff1b\u800c\u5728”\u8e0f\u7a7a”\u8fd9\u4ef6\u4e8b\u4e0a\uff0c\u8ddf\u968f\u5f0f\u7684\u6d6e\u52a8\u7f51\u683c\u8e0f\u5f97\u7a0d\u5fae\u5c11\u4e00\u70b9\u3002<\/p>\n
              \"\u56fe\u7247\"<\/p>\n
              \u56fa\u5b9a\u7f51\u683c \u6807\u7684C \u6536\u76ca\u66f2\u9762<\/p>\n
              \"\u56fe\u7247\"<\/p>\n
              \u6d6e\u52a8\u7f51\u683c \u6807\u7684C \u6536\u76ca\u66f2\u9762<\/p>\n
              \n
              \u4e94\u3001180 \u7ec4\u7684\u5168\u5c40\u7ed3\u679c\u4e0e\u5f52\u56e0<\/h2>\n
              \u5168\u5c40\u5927\u5e73\u5747<\/strong><\/p>\n\n\n\n\n\n\n
              \u7b56\u7565<\/th>\n\u5e73\u5747\u6536\u76ca\u7387<\/th>\n\u5e73\u5747\u6700\u5927\u56de\u64a4<\/th>\n\u5e73\u5747\u6210\u4ea4\u7b14\u6570<\/th>\n\u6837\u672c<\/th>\n<\/tr>\n<\/thead>\n
              \u56fa\u5b9a\u7f51\u683c<\/strong><\/td>\n+6.74%<\/strong><\/td>\n11.74%<\/td>\n2872<\/strong><\/td>\n90 \u7ec4<\/td>\n<\/tr>\n
              \u6d6e\u52a8\u7f51\u683c<\/strong><\/td>\n+7.21%<\/strong><\/td>\n11.09%<\/td>\n781<\/strong><\/td>\n90 \u7ec4<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
              \"\u56fe\u7247\"<\/p>\n
              \u56fa\u5b9a\u7f51\u683c vs \u6d6e\u52a8\u7f51\u683c \u5bf9\u6bd4\u67f1\u72b6\u56fe<\/p>\n
              \u6392\u9664\u4ea4\u6613\u6210\u672c\u540e\u6574\u4f53\u51e0\u4e4e\u6253\u5e73<\/strong>\uff08\u6d6e\u52a8\u4ec5\u9886\u5148 0.47 \u4e2a\u767e\u5206\u70b9\uff09\u3002\u4f46\u5206\u573a\u666f\u770b\u5dee\u8ddd\u90fd\u4e0d\u5c0f<\/strong>\uff1a\u56fa\u5b9a\u7f51\u683c\u5728\u9707\u8361\u504f\u5f3a\uff08B\uff09\u5927\u5e45\u9886\u5148\uff08+14.13% vs +11.22%\uff09\uff0c\u6d6e\u52a8\u7f51\u683c\u5728\u5355\u8fb9\u5f3a\u8d8b\u52bf\uff08C\uff09\u4e0e\u4e0b\u8dcc\u5e02\uff08A\uff09\u5c0f\u5e45\u5360\u4f18\u2014\u2014\u4e24\u7c7b\u4f18\u52bf\u5728\u4e09\u53ea\u6807\u7684\u4e0a\u6070\u597d\u76f8\u4e92\u62b5\u6d88<\/strong>\u3002\u6240\u4ee5\u771f\u6b63\u8be5\u95ee\u7684\u4e0d\u662f”\u54ea\u79cd\u7f51\u683c\u66f4\u597d”\uff0c\u800c\u662f”\u9762\u5bf9\u7684\u884c\u60c5\u662f\u54ea\u79cd\u5f62\u72b6<\/strong>“\u3002<\/p>\n
              \u6309\u7f51\u683c\u95f4\u8ddd\u5207\u7247<\/strong><\/p>\n\n\n\n\n\n\n\n\n\n\n
              \u7f51\u683c\u95f4\u8ddd<\/th>\n\u56fa\u5b9a\u7f51\u683c \u6210\u4ea4 \/ \u6536\u76ca<\/th>\n\u6d6e\u52a8\u7f51\u683c \u6210\u4ea4 \/ \u6536\u76ca<\/th>\n<\/tr>\n<\/thead>\n
              0.3%\uff08\u6700\u5bc6\uff09<\/td>\n4425 \u7b14 \/ +3.9%<\/td>\n2351 \u7b14 \/ +1.0%<\/td>\n<\/tr>\n
              0.5%<\/td>\n3761 \u7b14 \/ +4.4%<\/td>\n1221 \u7b14 \/ +2.5%<\/td>\n<\/tr>\n
              0.8%<\/td>\n3126 \u7b14 \/ +6.4%<\/td>\n550 \u7b14 \/ +6.7%<\/td>\n<\/tr>\n
              1.2%<\/td>\n2515 \u7b14 \/ +7.4%<\/td>\n313 \u7b14 \/ +9.0%<\/td>\n<\/tr>\n
              1.8%<\/td>\n1910 \u7b14 \/ +7.3%<\/td>\n154 \u7b14 \/ +10.9%<\/td>\n<\/tr>\n
              2.5%\uff08\u6700\u758f\uff09<\/td>\n1497 \u7b14 \/ +11.1%<\/td>\n98 \u7b14 \/ +13.1%<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
              \u540c\u4e00\u95f4\u8ddd\u6863\uff0c\u56fa\u5b9a\u7f51\u683c\u7684\u6210\u4ea4\u6c38\u8fdc\u662f\u6d6e\u52a8\u7684 2~5 \u500d<\/strong>\u2014\u2014\u4e0d\u662f\u8c01\u66f4\u52e4\u5feb\uff0c\u800c\u662f\u4e24\u79cd\u7f51\u683c\u5f62\u6001\u7684\u5fc5\u7136\u7ed3\u679c\uff1a<\/p>\n
                \n
              • \u56fa\u5b9a\u7f51\u683c = \u9759\u6b62\u7684\u5bc6\u7f51<\/strong>\uff1a\u5c42\u7ea7\u9489\u6b7b\u3001\u7edd\u5bf9\u7b49\u5bbd\uff0c\u4ef7\u683c\u5728\u76f8\u90bb\u5c42\u7ea7\u95f4\u5f80\u8fd4\u5c31\u53cd\u590d\u6210\u5bf9\u5957\u5229\uff0c\u9002\u5408”\u8fb9\u6da8\u8fb9\u56de\u8e29”\u7684\u9707\u8361\u504f\u5f3a\u884c\u60c5\uff08B +14.13% \u53cd\u8d85\uff09\uff1b\u4f46\u5355\u8fb9\u8d8b\u52bf\u4e2d\u8981\u4e48\u65e9\u65e9\u5356\u7a7a\uff08C \u8e0f\u7a7a\uff09\u3001\u8981\u4e48\u4e00\u8def\u63a5\u5200\uff08A \u8d8a\u8dcc\u4e70\u8d8a\u591a\uff09\u3002<\/p>\n<\/li>\n
              • \n
                \u6d6e\u52a8\u7f51\u683c = \u8ddf\u968f\u7684\u758f\u7f51<\/strong>\uff1a\u951a\u70b9\u6f02\u79fb\u3001\u7f51\u6492\u5230\u65b0\u4ef7\u4f4d\uff0c\u5c0f\u5e45\u56de\u64a4\u88ab\u8df3\u8fc7\uff0c\u5c11\u52a8\u987a\u52bf\u3002\u4ee3\u4ef7\u662f\u6f0f\u6389\u9707\u8361\u4e2d\u7684\u5c0f\u6ce2\u6bb5\uff08B +11.22% \u4e0d\u53ca\u56fa\u5b9a\uff09\uff0c\u56de\u62a5\u662f\u8d8b\u52bf\u5e02\u8ddf\u5f97\u4f4f\uff08C +16.02% \u5360\u4f18\u3001A \u8ddf\u8dcc\u8282\u594f\u7a0d\u7f13\uff09\u3002<\/p>\n<\/li>\n
              • \n
                “\u95f4\u8ddd\u8d8a\u5927\u8d8a\u597d”\u662f\u6837\u672c\u5f62\u72b6\u51b3\u5b9a\u7684\uff0c\u4e0d\u662f\u5b9a\u5f8b<\/strong>\uff1a\u672c\u6279 3 \u53ea\u91cc\u6709 2 \u53ea\u6574\u4f53\u4e0a\u6da8\uff0c\u758f\u7f51\u624d\u5360\u4e0a\u98ce\uff1b\u82e5\u6837\u672c\u591a\u51e0\u53ea\u5bbd\u5e45\u6a2a\u76d8\uff0c\u5bc6\u7f51\uff08\u5c0f\u95f4\u8ddd\u3001\u56fa\u5b9a\u7f51\u683c\uff09\u53cd\u800c\u4f1a\u5360\u4f18\u3002<\/p>\n<\/li>\n<\/ul>\n
                \n
                \u516d\u3001\u8f6f\u808b\u3001\u5b9e\u64cd\u4e0e\u603b\u7ed3<\/h2>\n
                \u5171\u540c\u8f6f\u808b\uff1a\u5355\u8fb9\u8d8b\u52bf\u5fc5\u5403\u4e8f<\/strong><\/p>\n
                \u7f51\u683c\u7b56\u7565\u5047\u8bbe\u4ef7\u683c\u4f1a\u6765\u56de\u6ce2\u52a8\u5e76\u56de\u5f52<\/strong>\u2014\u2014\u4e00\u65e6\u884c\u60c5\u5355\u8fb9\u8fd0\u884c\uff0c\u8fd9\u4e2a\u5047\u8bbe\u5c31\u5931\u6548\u3002A \u5355\u8fb9\u4e0b\u8dcc\uff0c\u4e24\u79cd\u7f51\u683c\u90fd\u4e8f\uff08-6.98% \/ -5.63%\uff09\uff1bC \u5355\u8fb9\u5f3a\u6da8\uff0c\u4e24\u79cd\u7f51\u683c\u90fd\u53ea\u8d5a +13%~+16%\u3001\u5927\u5e45\u8dd1\u8f93 +83% \u7684\u4e70\u5165\u6301\u6709<\/strong>\u3002\u5f62\u6001\u5339\u914d\u80fd\u51b3\u5b9a”\u8c01\u4e8f\u5c11\u4e00\u70b9 \/ \u8c01\u8e0f\u7a7a\u5c11\u4e00\u70b9”\uff0c\u4f46\u6539\u53d8\u4e0d\u4e86”\u8d8b\u52bf\u5e02\u7f51\u683c\u5fc5\u5403\u4e8f”\u7684\u65b9\u5411\u6027\u7ed3\u8bba\u3002\u53e6\u5916\uff0c\u4e0b\u8dcc\u5e02\u91cc\u7f51\u683c\u95f4\u8ddd\u4e0d\u80fd\u592a\u5bc6<\/strong>\uff1aA \u4e0a\u6700\u5dee\u6863\u90fd\u51fa\u73b0\u5728\u6700\u5c0f\u95f4\u8ddd 0.3%\u2014\u2014\u7f51\u8d8a\u5bc6\uff0c\u9634\u8dcc\u9014\u4e2d\u63a5\u5200\u8d8a\u9891\u7e41\u3002<\/p>\n
                \u5b9e\u64cd\u5efa\u8bae\uff1a\u5148\u5224\u65ad\u884c\u60c5\u5f62\u72b6\uff0c\u518d\u9009\u7f51\u683c\u5f62\u6001<\/strong><\/p>\n\n\n\n\n\n\n\n\n
                \u4f60\u9884\u5224\u7684\u884c\u60c5<\/th>\n\u63a8\u8350\u7b56\u7565<\/th>\n\u7406\u7531<\/th>\n<\/tr>\n<\/thead>\n
                \u9707\u8361\u504f\u5f3a \/ \u5bbd\u5e45\u6765\u56de\u56de\u8e29<\/td>\n\u56fa\u5b9a\u7f51\u683c<\/strong><\/td>\n\u5728\u56fa\u5b9a\u5c42\u7ea7\u95f4\u53cd\u590d\u6210\u5bf9\u5957\u5229\uff08B +14.13% \u53cd\u8d85\uff09<\/td>\n<\/tr>\n
                \u504f\u5f3a\u4f46\u8d8b\u52bf\u6027\u5f3a\u3001\u56de\u8e29\u5c11<\/td>\n\u6d6e\u52a8\u7f51\u683c<\/strong><\/td>\n\u951a\u70b9\u8ddf\u6da8\u3001\u5356\u5f97\u6162\u3001\u66f4\u80fd\u9a91\u4f4f\u8d8b\u52bf\uff08C +16.02% \u5360\u4f18\uff09<\/td>\n<\/tr>\n
                \u5355\u8fb9\u4e0b\u8dcc<\/td>\n\u90fd\u4e0d\u63a8\u8350\uff08\u786c\u9009\u5219\u6d6e\u52a8\uff09<\/td>\n\u7f51\u683c\u9006\u52bf\u5fc5\u4e8f\uff0c\u6d6e\u52a8\u8ddf\u8dcc\u8282\u594f\u7a0d\u7f13<\/td>\n<\/tr>\n
                \u65b9\u5411\u4e0d\u660e<\/td>\n\u6d6e\u52a8\u7f51\u683c<\/strong><\/td>\n\u56de\u64a4\u66f4\u4f4e\u3001\u5bf9\u5355\u8fb9\u884c\u60c5\u66f4\u5bbd\u5bb9<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
                  \n
                • \u7f51\u683c\u95f4\u8ddd<\/strong>\uff1a\u8d8a\u5c0f\u8d8a\u5403\u9707\u8361\u3001\u8d8a\u6015\u5355\u8fb9\uff1b\u8d8a\u5927\u8d8a\u80fd\u7559\u4f4f\u8d8b\u52bf\u3002\u672c\u6279\u6837\u672c\u504f\u4e0a\u6da8\u6545”\u5927\u95f4\u8ddd”\u5360\u4f18\u2014\u2014\u8fd9\u662f\u6837\u672c\u5f62\u72b6\u51b3\u5b9a\uff0c\u4e0d\u662f\u5b9a\u5f8b<\/p>\n<\/li>\n
                • \n
                  \u5355\u7b14\u91d1\u989d<\/strong>\uff1a\u5360\u521d\u59cb\u8d44\u91d1\u7684 **1% ~ 5%**\uff0c\u4e0b\u8dcc\u5e02\u504f\u5c0f\u53ef\u63a7\u63a5\u5200\u98ce\u9669<\/p>\n<\/li>\n
                • \n
                  \u5355\u8fb9\u8d8b\u52bf\u7684\u6807\u7684\u4e0d\u8981\u7528\u7f51\u683c<\/strong>\uff1b\u53ef\u80fd\u4e0b\u8dcc\u7684\u6807\u7684\u4e0a\u95f4\u8ddd\u4e0d\u8981\u8fc7\u5c0f\uff0c\u642d\u914d\u4ed3\u4f4d\u4e0a\u9650\u6216\u6b62\u635f<\/p>\n<\/li>\n<\/ul>\n
                  \u4e00\u53e5\u8bdd\u6536\u675f<\/strong><\/p>\n
                  \n  \u6ca1\u6709\u54ea\u79cd\u7f51\u683c\u6c38\u8fdc\u66f4\u597d\u3002\u56fa\u5b9a\u7f51\u683c\u662f\u9759\u6b62\u7684\u5bc6\u7f51\uff0c\u6700\u5403”\u8fb9\u6da8\u8fb9\u56de\u8e29”\uff1b\u6d6e\u52a8\u7f51\u683c\u662f\u8ddf\u968f\u7684\u758f\u7f51\uff0c\u6700\u5403”\u5355\u8fb9\u987a\u52bf”\u3002\u80dc\u8d1f\u624b\u662f”\u7f51\u683c\u5f62\u6001”\u4e0e”\u884c\u60c5\u5f62\u72b6”\u7684\u5339\u914d\uff0c\u4e0d\u662f\u54ea\u79cd\u951a\u70b9\u66f4\u806a\u660e\u2014\u2014\u800c\u5355\u8fb9\u8d8b\u52bf\u4e2d\u4e24\u8005\u90fd\u8dd1\u4e0d\u8d62\u65b9\u5411\uff0c\u5f62\u6001\u5339\u914d\u53ea\u80fd\u51b3\u5b9a”\u8c01\u5403\u4e8f\u5c11\u4e00\u70b9”\u3002<\/strong>\n<\/p><\/blockquote>\n
                  \u672c\u6587”\u591a\u53c2\u6570\u626b\u63cf + \u4e09\u7ef4\u66f2\u9762 + \u5206\u884c\u60c5\u5f62\u72b6\u5f52\u56e0”\u7684\u65b9\u6cd5\uff0c\u672c\u8eab\u4e5f\u662f\u4e00\u5957\u901a\u7528\u8303\u5f0f\uff1a\u4e0e\u5176\u95ee”\u54ea\u4e2a\u7b56\u7565\u66f4\u597d”\uff0c\u4e0d\u5982\u628a\u5b83\u62c6\u6210”\u8fd9\u4e2a\u7b56\u7565\u7684\u673a\u5236\uff0c\u5339\u914d\u7684\u662f\u54ea\u79cd\u884c\u60c5\u5f62\u72b6”\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"
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