{"id":796,"date":"2017-01-24T11:11:12","date_gmt":"2017-01-24T03:11:12","guid":{"rendered":"https:\/\/www.houquner.com\/?p=796"},"modified":"2017-01-24T11:52:38","modified_gmt":"2017-01-24T03:52:38","slug":"%e3%80%90%e5%a4%a7%e5%92%96%e6%b4%9e%e8%a7%81%e3%80%91%e6%91%a9%e6%a0%b9%e5%a4%a7%e9%80%9a%e8%91%a3%e4%ba%8b%e9%95%bf%e8%82%ba%e8%85%91%e4%b9%8b%e8%a8%80%ef%bc%9a%e5%af%b9%e6%83%b3%e8%bf%9b%e5%85%a5","status":"publish","type":"post","link":"https:\/\/www.houquner.com\/index.php\/archives\/796","title":{"rendered":"\u3010\u5927\u5496\u6d1e\u89c1\u3011\u6469\u6839\u5927\u901a\u8463\u4e8b\u957f\u80ba\u8151\u4e4b\u8a00\uff1a\u5bf9\u60f3\u8fdb\u5165\u91d1\u878d\u4e1a\u5e74\u8f7b\u4eba\u7684\u4e00\u4e9b\u5efa\u8bae"},"content":{"rendered":"<p>\u6211\u4e4b\u524d\u66fe\u7ecf\u5728\u6469\u6839\u5927\u901a\uff08JP Morgan\uff09\u7ebd\u7ea6\u603b\u90e8\u7684\u9500\u552e\u4e0e\u4ea4\u6613\u90e8\uff08Sale and Trading\uff09\u5b9e\u4e60\u3002\u5f53\u65f6\u6bcf\u5929\u65e9\u4e0a5\u70b9\u8fc7\u8d77\u5e8a\u53bb\u4e0a\u73ed\uff0c\u5728\u51fa\u95e8\u65f6\u603b\u4e0d\u5fd8\u5410\u69fd\u8fd9\u6ca1\u6709\u751f\u6d3b\u7684\u5047\u671f\u3002\u4f46\u662f\uff0c\u6bcf\u5f53\u8d70\u8fdb\u4f4d\u4e8e\u7ebd\u7ea6\u5e02\u4e2d\u5fc3\u6700\u7e41\u534e\u7684\u9ea6\u8fea\u900a\u5927\u9053\u7684\u516c\u53f8\u5927\u697c\uff0c\u770b\u7740\u4e00\u5757\u9192\u76ee\u7684\u5199\u7740JP Morgan\u7684\u724c\u5b50\uff0c\u5fc3\u91cc\u6697\u6697\u4f69\u670d\u8fd9\u5bb6\u59cb\u5efa\u4e8e1799\u5e74\uff0c\u5374\u4f9d\u7136\u5dcd\u5ce8\u8038\u7acb\u7684\u5168\u7403\u91d1\u878d\u5de8\u79bd\u3002<\/p>\n<p>\u66f4\u4ee4\u4eba\u4f69\u670d\u7684\u662f\uff0c\u8fd9\u5bb6\u76ee\u524d\u8d44\u4ea7\u8d85\u8fc7\u4e24\u4e07\u4ebf\uff082 Trillion\uff09\u7f8e\u91d1\uff0c\u5df2\u662f\u7f8e\u56fd\u7b2c\u4e00\u5927\u91d1\u878d\u673a\u6784\u7684\u516c\u53f8\uff0c\u5728\u77ed\u77ed\u5341\u51e0\u5e74\u7684\u65f6\u95f4\u91cc\uff0c\u4ece\u51e0\u4e4e\u6ca1\u6709\u6295\u8d44\u94f6\u884c\u4e1a\u52a1\uff0c\u5230\u8dfb\u8eab\u4e16\u754c\u4e09\u5927\u6295\u8d44\u94f6\u884c\u4e4b\u4e00\u3002<\/p>\n<p>\u800c\u5728\u8fd9\u4e2a\u80cc\u540e\uff0c\u6709\u4e00\u4e2a\u6700\u91cd\u8981\u7684\u5e55\u540e\u4eba\u7269\uff1a\u6469\u6839\u5927\u901a\u9500\u552e\u4e0e\u4ea4\u6613\u90e8(Sales and Trading)\u521b\u59cb\u4eba\u3001\u80a1\u6743\u4e1a\u52a1\uff08Equities Business\uff09\u521b\u59cb\u4eba\uff0c\u66fe\u7edf\u7ba1\u5168\u7403\u6295\u8d44\u94f6\u884c\uff08Global Investment Banking\uff09\u548c\u5168\u7403\u80a1\u6743\uff08Global Equities\uff09\u7684\u96c6\u56e2\u524d\u526f\u8463\u4e8b\u957f<span style=\"color: #ff0000;\">\u5361\u987f\u00b7\u7f57\u65af<\/span>\u3002<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-798\" src=\"https:\/\/www.houquner.com\/wp-content\/uploads\/2017\/01\/20170124111425.jpg\" alt=\"\" width=\"582\" height=\"362\" srcset=\"https:\/\/www.houquner.com\/wp-content\/uploads\/2017\/01\/20170124111425.jpg 582w, https:\/\/www.houquner.com\/wp-content\/uploads\/2017\/01\/20170124111425-300x187.jpg 300w\" sizes=\"(max-width: 582px) 100vw, 582px\" \/><\/p>\n<p>\u4eca\u5929\uff0c\u6211\u5750\u5728\u7f57\u65af\u5148\u751f\u7684\u5bf9\u9762\uff0c\u542c\u4ed6\u5bf9\u6709\u5fd7\u4e8e\u8fdb\u5165\u91d1\u878d\u9886\u57df\u7684\u540c\u5b66\u4eec\u7684\u4e00\u5e2d\u80ba\u8151\u4e4b\u8a00\u3002<\/p>\n<section data-role=\"outer\">\n<section data-tools=\"135\u7f16\u8f91\u5668\" data-id=\"86134\">\n<pre><span style=\"font-size: 24px;\"><strong><span style=\"font-family: arial, helvetica, sans-serif;\">\u4e00\uff1a\u5982\u4f55\u8fdb\u5165\u91d1\u878d\u9886\u57df<\/span><\/strong><\/span><\/pre>\n<\/section>\n<\/section>\n<section data-role=\"outer\">\n<h2 data-tools=\"135\u7f16\u8f91\u5668\" data-id=\"41173\" data-color=\"#FF0000\" data-custom=\"#FF0000\"><span style=\"text-decoration: underline;\"><span class=\"\" title=\"\" data-original-title=\"\">1<\/span>\u91d1\u878d\u4e13\u4e1a\u5206\u90a3\u4e48\u9ad8\uff0c\u4f60\u88ab\u8c03\u5242\u4e86\uff0c\u4f60\u7238\u5988\u77e5\u9053\u5417\uff1f<\/span><\/h2>\n<p>\u7f57\u65af\uff1a\u6211\u8ba4\u4e3a\uff0c\u60f3\u5728\u91d1\u878d\u9886\u57df\u6210\u529f\uff0c\u4f60\u5e76\u4e0d\u9700\u8981\u662f\u7ecf\u6d4e\u5b66\u6216\u8005\u662f\u91d1\u878d\u5b66\u4e13\u4e1a\u7684\u3002\u4f60\u53ef\u4ee5\u662f\u4efb\u4f55\u5b66\u4f4d\u7684\u3002\u7269\u7406\u7684\uff0c\u82f1\u6587\u7684\uff0c\u90fd\u53ef\u4ee5\u3002<\/p>\n<\/section>\n<p>\u5f53\u7136\uff0c\u6709\u4e00\u4e9b\u57fa\u7840\u7684\u6280\u80fd\uff0c\u6bd4\u5982<span style=\"color: #ff0000;\">\u4f1a\u8ba1\uff0c\u662f\u5f88\u5fc5\u8981\u7684<\/span>\u3002\u4f46\u662f\uff0c\u8fd9\u4e9b\u5185\u5bb9\u90fd\u53ef\u4ee5\u5728\u516c\u53f8\u77ed\u671f\u57f9\u8bad\u7684\u65f6\u5019\u6559\u7ed9\u4f60\u3002<\/p>\n<p>\u6211\u8ba4\u4e3a\u6700\u91cd\u8981\u7684\u662f<span style=\"color: #ff0000;\">\u4f60\u8981\u80fd\u601d\u8003\uff0c\u8981\u80fd\u5199\u4f5c\uff0c\u8981\u80fd\u5206\u6790\uff0c\u8fd8\u8981\u80fd\u548c\u4ed6\u4eec\u4e00\u8d77\u5de5\u4f5c\uff0c\u4e0d\u7ba1\u662f\u5c0f\u56e2\u961f\u8fd8\u662f\u5927\u56e2\u961f\u3002\u8fd9\u4e9b\u90fd\u662f\u4f60\u901a\u8fc7\u4efb\u4f55\u4e13\u4e1a\u7684\u5b66\u4e60\u90fd\u53ef\u4ee5\u83b7\u5f97\u7684\u80fd\u529b\u3002<\/span><\/p>\n<p>\u91d1\u878d\u4e13\u4e1a\u5206\u90a3\u4e48\u9ad8\uff0c\u4f60\u5c45\u7136\u8003\u4e0a\u4e86\uff0c\u4f60\u7238\u5988\u80af\u5b9a\u77e5\u9053\u3002<\/p>\n<p><strong>@\u989c\u6653\u5ddd\uff1a<\/strong>\u5c31\u4ece\u4e8b\u91d1\u878d\u884c\u4e1a\u800c\u8a00\uff0c\u5982\u679c\u6211\u5c31\u662f\u91d1\u878d\u4e13\u4e1a\uff0c\u6216\u8005\u5546\u79d1\u7684\uff0c\u6211\u600e\u6837\u624d\u80fd\u8ba9\u81ea\u5df1\u6bd4\u5176\u4ed6\u4e13\u4e1a\uff0c\u4f8b\u5982\u7269\u7406\u4e13\u4e1a\u7684\u6bd5\u4e1a\u751f\u66f4\u6709\u4f18\u52bf\uff1f<\/p>\n<p><strong>@\u7f57\u65af\uff1a<\/strong>\u4f18\u52bf\uff1f\u6211\u7684\u7b54\u6848\u662f\uff1ayes and no\u3002\u6211\u8ba4\u4e3a\u5546\u5b66\u9662\uff08\u6216\u8005\u91d1\u878d\u5b66\uff09\u7684\u6559\u80b2\u4e2d\uff0c\u6709\u4e00\u4e9b\u201c<span style=\"color: #ff0000;\">\u5de5\u5177\u5305<\/span>\u201d\u662f\u6709\u7528\u7684\u3002<\/p>\n<p>\u8fd9\u4e9b\u201c\u5de5\u5177\u5305\u201d\u53ef\u4ee5\u8ba9\u4f60\u5728\u521a\u5165\u884c\u7684\u65f6\u5019\u6709\u4e00\u5b9a\u4f18\u52bf\u3002<span style=\"color: #ff0000;\">\u8fd9\u4e9b\u201c\u5de5\u5177\u5305\u201d\u5305\u62ec\u57fa\u672c\u7684\u300a\u4f1a\u8ba1\u300b\u3001\u300a\u91d1\u878d\u300b\uff0c\u8fd8\u6709\uff0c\u5f88\u591a\u4eba\u6ca1\u6709\u610f\u8bc6\u5230\uff0c\u300a\u8fd0\u8425\u7ba1\u7406\u300b\u662f\u6781\u5176\u91cd\u8981\u7684\u3002<\/span>\u81f3\u5c11\u5728\u6211\u7684\u7ecf\u5386\u5f53\u4e2d\u662f\u3002<\/p>\n<p><strong>@\u989c\u6653\u5ddd\uff1a<\/strong>\u300a\u8fd0\u8425\u7ba1\u7406\u300b\u5bf9\u91d1\u878d\u5f88\u91cd\u8981\uff1f\u90a3\u4e0d\u662f\u641e\u751f\u4ea7\u7684\u5417\uff1f<\/p>\n<p><strong>@\u7f57\u65af\uff1a<\/strong>\u6211\u4eec\u4e4b\u524d\u53bb\u7ed9\u522b\u4eba\u505aIPO\uff0c\u597d\u591a\u516c\u53f8\u5c31\u662f\u5de5\u4e1a\u578b\u516c\u53f8\u3002\u6211\u4eec\u53bb\u505a\u8c03\u67e5\u7684\u65f6\u5019\uff0c\u6211\u5c31\u5230\u4ed6\u4eec\u7684\u8f66\u95f4\u91cc\u53bb\u770b\uff0c\u53bb\u505a\u8bbf\u95ee\u3002\u5c31\u662f\u56e0\u4e3a\u6211\u5b66\u4e86\u300a\u8fd0\u8425\u7ba1\u7406\u300b\uff0c\u4ed6\u4eec\u7684\u6574\u4e2a\u6d41\u7a0b\u6211\u57fa\u672c\u90fd\u80fd\u542c\u61c2\u3002\u53e6\u5916\uff0c<span style=\"color: #ff0000;\">\u300a\u8fd0\u8425\u7ba1\u7406\u300b\u6559\u4f1a\u4f60\u5982\u4f55\u7ba1\u7406\u590d\u6742\u7684\u4f53\u7cfb\uff0c\u4ece\u524d\u7aef\u5230\u540e\u7aef\u3002<\/span><\/p>\n<section data-role=\"outer\">\n<h2 data-tools=\"135\u7f16\u8f91\u5668\" data-id=\"41173\" data-color=\"#FF0000\" data-custom=\"#FF0000\"><span style=\"text-decoration: underline;\"><span class=\"\" title=\"\" data-original-title=\"\">2<\/span>\u60f3\u8fdb\u6295\u884c\u3001\u57fa\u91d1\uff1f\u5f53\u9762\u8bd5\u5b98\u95ee\u4f60\u8fd9\u4e2a\u95ee\u9898\u65f6\uff0c\u5343\u4e07\u522b\u6002\u4e86\uff01<\/span><\/h2>\n<p>\u5f53\u4f60\u7533\u8bf7\u91d1\u878d\u884c\u4e1a\u7684\u5de5\u4f5c\u65f6\uff0c\u9762\u8bd5\u5b98\u4e00\u5b9a\u4f1a\u95ee\u4f60\u4e00\u4e2a\u8ba9\u5f88\u591a\u4eba\u90fd\u75db\u5fc3\u75be\u9996\u7684\u95ee\u9898\u3002\u8fd9\u4e2a\u95ee\u9898\u8981\u56de\u7b54\u5f97\u6709\u6df1\u5ea6\uff0c\u6709\u5185\u6db5\uff0c\u53ef\u4fe1\uff0c\u7b26\u5408\u4f60\u81ea\u5df1\u7684\u60c5\u51b5\uff0c\u8fd8\u6709\uff0c\u8fd8\u6709\uff0c\u4e0d\u80fd\u548c\u5176\u4ed6\u7533\u8bf7\u4eba\u7684\u7b54\u6848\u4e00\u6837\u2026\u2026\u5982\u679c\u4f60\u9762\u8bd5\u6302\u4e86\uff0c\u591a\u534a\u8ddf\u8fd9\u9053\u95ee\u9898\u6709\u5173\u3002<\/p>\n<\/section>\n<p>\u8fd9\u4e2a\u95ee\u9898\u5c31\u662f\uff1a\u201c\u4f60\u4e3a\u4ec0\u4e48\u8981\u505a\u91d1\u878d\u201d\uff1f<\/p>\n<p>\u4e00\u822c\u7684\u540c\u5b66\u90fd\u4f1a\u8bf4\uff1a\u201c\u6211\u559c\u6b22\u91d1\u878d\/\u6211\u5bf9\u91d1\u878d\u6709\u70ed\u60c5\u201d\u7b49\u7b49\u3002<\/p>\n<p>\u7136\u540e\u9762\u8bd5\u5b98\u518d\u95ee\uff1a\u201c\u4e3a\u4ec0\u4e48\u559c\u6b22\u91d1\u878d\u201d\uff1f<\/p>\n<p>\u7136\u540e\u5927\u5bb6\u5c31\u5f00\u59cb\u7f16\u6545\u4e8b\u3002\u4f46\u662f\u7f16\u5f97\u597d\u7684\u4e0d\u591a\u3002<\/p>\n<p>\u4f46\u662f\uff0c\u4e5f\u6709\u8bf4\u5f97\u597d\u7684\uff0c\u800c\u4e14\u8fd8\u4e0d\u50cf\u662f\u7f16\u7684\u3002\u6bd4\u5982\uff0c\u7f57\u65af\u3002<\/p>\n<p><strong>@\u989c\u6653\u5ddd\uff1a<\/strong>\u4f60\u5f53\u65f6\u4e3a\u4ec0\u4e48\u8981\u505a\u91d1\u878d\uff0c\u4e3a\u4ec0\u4e48\u559c\u6b22\u5b83\uff1f<\/p>\n<p><strong>@\u7f57\u65af\uff1a<\/strong>\u6211\u4e00\u76f4\u559c\u6b22\u91d1\u878d\u3002\u56e0\u4e3a\uff0c\u91d1\u878d\u662f\u667a\u529b\u4ea7\u54c1\/\u601d\u7ef4\u4ea7\u54c1\uff08Intellectual product\uff09\uff0c\u800c\u4e0d\u662f\u5b9e\u4f53\u4ea7\u54c1\uff08Physical product\uff09\u3002\u91d1\u878d\u5c31\u662f\u7528\u91d1\u878d\u8d44\u672c\u548c\u667a\u529b\u8d44\u672c\uff08Financial capital and intellectual capital\uff09\u53bb\u505a\u4ea7\u54c1\u3002\u8fd9\u662f\u5b83\u5438\u5f15\u6211\u7684\u5730\u65b9\u3002<\/p>\n<p>\u7b2c\u4e8c\uff0c\u6211\u771f\u5fc3\u559c\u6b22\u548c\u5ba2\u6237\u4e00\u8d77\u5de5\u4f5c\uff0c\u5e76\u4e14\u5e2e\u52a9\u4ed6\u4eec\u641e\u5b9a\u5404\u79cd\u56f0\u96be\u3002\u91d1\u878d\u662f\u4e00\u4e2a\u4f60\u80fd\u505a\u51fa\u4e00\u4e2a\u601d\u7ef4\u7684\u4ea7\u7269\u51fa\u6765\uff0c\u7136\u540e\u628a\u5b83\u5ac1\u63a5\u7ed9\u4e00\u4e2a\u5ba2\u6237\u7684\u884c\u4e1a\u3002\u54a8\u8be2\u4e5f\u5dee\u4e0d\u591a\u662f\u8fd9\u6837\uff0c\u4f46\u662f\u6211\u66f4\u559c\u6b22\u91d1\u878d\u3002\u56e0\u4e3a\u91d1\u878d\u8fd8\u6709\u4e2a\u91d1\u878d\u5e02\u573a\u3002<\/p>\n<p><strong>@\u989c\u6653\u5ddd\uff1a<\/strong>\u4f60\u5f88\u559c\u6b22\u5e2e\u52a9\u5ba2\u6237\uff0c\u5f88\u6709\u6210\u5c31\u611f\u5417\uff1f<\/p>\n<p><strong>@\u7f57\u65af\uff1a<\/strong>\u6211\u559c\u6b22\u641e\u5b9a\u95ee\u9898\uff0c\u89e3\u51b3\u95ee\u9898\u3002\u6211\u628a\u91d1\u878d\u770b\u4f5c\u662f\u89e3\u51b3\u95ee\u9898\u7684\u5de5\u4f5c\u3002\u6709\u7684\u4eba\u8fdb\u5165\u91d1\u878d\u9886\u57df\uff0c\u5c31\u662f\u56e0\u4e3a\u4ed6\u559c\u6b22\u62bd\u8c61\u5730\u628a\u505a\u4e00\u4e9b\u65b0\u4e1c\u897f\u51fa\u6765\u3002\u6211\u4e0d\u8fd9\u4e48\u60f3\uff0c\u6211\u4e00\u76f4\u8ba4\u4e3a\u91d1\u878d\u662f\u7528\u4e00\u7cfb\u5217\u5de5\u5177\u53bb\u89e3\u51b3\u4e00\u4e2a\u5ba2\u6237\u7684\u96be\u9898\u3002\u8fd9\u662f\u6211\u611f\u5174\u8da3\u7684\u3002\u6709\u7684\u4eba\u53ea\u662f\u559c\u6b22\u6c89\u6d78\u5728\u81ea\u5df1\u601d\u7ef4\u7684\u4e16\u754c\u91cc\u53bb\u53d1\u6325\u4ed6\u7684\u60f3\u8c61\uff0c\u5374\u628a\u81ea\u5df1\u548c\u5ba2\u6237\u9694\u5f00\u3002\u5bf9\u4e8e\u6211\u6765\u8bf4\uff0c\u6211\u7684\u52a8\u673a\u662f\u60f3\u5e2e\u516c\u53f8\u3001\u4e2a\u4eba\u89e3\u51b3\u56f0\u96be\uff0c\u5e2e\u4ed6\u4eec\u505a\u6709\u610f\u601d\u7684\u4e8b\u60c5\uff0c\u7136\u540e\u8ba9\u4ed6\u4eec\u7684\u751f\u610f\u8d8a\u505a\u8d8a\u5174\u9686\u3002<\/p>\n<p><strong>@\u989c\u6653\u5ddd\uff1a<\/strong>\u5c31\u50cf\u8fd9\u4e16\u754c\u4e0a\u7684\u5de5\u7a0b\u5e08\u4e00\u6837\uff0c\u6709\u4e24\u79cd\u4eba\u3002<\/p>\n<p><strong>@\u7f57\u65af\uff1a<\/strong>\u53ef\u4ee5\u8fd9\u4e48\u8bf4\u5427\u3002\u91d1\u878d\u91cc\u9762\u6709\u4e00\u90e8\u5206\u5c31\u662f\u91d1\u878d\u5de5\u7a0b\u3002\u8fd9\u548c\u5de5\u7a0b\u5e08\u4e00\u6837\u3002\u540c\u6837\u7684\u5dee\u522b\u662f\uff0c\u6709\u7684\u5de5\u7a0b\u5e08\u53bb\u5efa\u4e00\u5ea7\u6865\uff0c\u662f\u4e3a\u4e86\u8ba9\u4eba\u4eec\u80fd\u4ece\u6cb3\u7684\u4e00\u8fb9\u8d70\u5230\u53e6\u5916\u4e00\u8fb9\u3002\u8fd9\u548c\u6211\u7684\u52a8\u673a\u662f\u4e00\u6837\u7684\uff0c\u6211\u7684\u52a8\u673a\u5c31\u662f\u60f3\u8ba9\u4eba\u4eec\u4eceA\u70b9\u5230B\u70b9\u3002\u4f46\u662f\uff0c\u6709\u4e00\u4e9b\u5de5\u7a0b\u5e08\u4fee\u6865\u7684\u52a8\u673a\u662f\u56e0\u4e3a\u4ed6\u4eec\u5c31\u559c\u6b22\u4fee\u6865\uff0c\u4ed6\u4eec\u5c31\u559c\u6b22\u628a\u96f6\u4ef6\u62fc\u5728\u4e00\u8d77\uff0c\u7136\u540e\u8bf4\uff0c\u770b\uff0c\u6211\u4fee\u4e86\u4e00\u5ea7\u6865\u3002\u4f46\u662f\uff0c\u8fd9\u5ea7\u6865\u7684\u76ee\u7684\u548c\u529f\u80fd\uff0c\u4ed6\u4eec\u5e76\u4e0d\u611f\u5174\u8da3\u3002<\/p>\n<p><strong>@\u989c\u6653\u5ddd\uff1a<\/strong>\u6240\u4ee5\uff0c\u91d1\u878d\u884c\u4e1a\u5f88\u9002\u5408\u4f60\uff0c\u65e2\u80fd\u8ba9\u4f60\u628a\u5de5\u5177\u62fc\u8d77\u6765\uff0c\u5f62\u6210\u4e00\u4e2a\u89e3\u51b3\u95ee\u9898\u7684\u4ea7\u54c1\uff0c\u800c\u4e14\u8fd9\u4e2a\u4ea7\u54c1\u8fd8\u80fd\u6ee1\u8db3\u5ba2\u6237\u7684\u9700\u6c42\uff1f<\/p>\n<p><strong>@\u7f57\u65af\uff1a<\/strong>\u6211\u662f\u8fd9\u4e48\u60f3\u7684\u3002<\/p>\n<p>\u7f57\u65af\u7684\u8fd9\u4e2a\u7b54\u6848\u4e00\u5b9a\u5f88\u597d\uff0c\u5426\u5219\u4ed6\u5f53\u5e74\u5c31\u53ea\u80fd\u53bb\u9ea6\u80af\u9521\u505a\u54a8\u8be2\u4e86\u3002<\/p>\n<section data-role=\"outer\">\n<section class=\"\" data-tools=\"135\u7f16\u8f91\u5668\" data-id=\"86134\">\n<section>\n<section>\n<pre><span style=\"font-family: arial, helvetica, sans-serif; font-size: 24px;\">\u4e8c\uff1a<strong>\u5982\u4f55\u5728\u91d1\u878d\u9886\u57df\u91cc\u505a\u5927\u4e8b<\/strong><\/span><\/pre>\n<\/section>\n<section><\/section>\n<\/section>\n<\/section>\n<\/section>\n<section data-role=\"outer\">\n<section data-role=\"outer\">\n<h2 data-tools=\"135\u7f16\u8f91\u5668\" data-id=\"41173\" data-color=\"#FF0000\" data-custom=\"#FF0000\"><span style=\"text-decoration: underline;\"><strong><span class=\"\" title=\"\" data-original-title=\"\">1<\/span>\u91d1\u878d\u9886\u57df\u4e5f\u6709\u6625\u5929\uff1f<\/strong><\/span><\/h2>\n<p>\u7f57\u65af\uff1a\u6211\u4eec\u4e00\u822c\u89c9\u5f97\u90a3\u4e9b\u5386\u53f2\u60a0\u4e45\uff0c\u7279\u522b\u5927\u7684\u91d1\u878d\u4f01\u4e1a\u90fd\u662f\u5f88\u53e4\u677f\u7684\u3002\u53ea\u6709\u5728\u7845\u8c37\u8fd9\u6837\u7684\u65b0\u6f6e\u7684\uff0c\u65b0\u516c\u53f8\u5982\u6625\u8349\u4e00\u6837\u5230\u5904\u751f\u957f\u7684\u5730\u65b9\u624d\u6709\u521b\u4e1a\u5bb6\u7cbe\u795e\u3002\u6211\u89c9\u5f97\u8fd9\u4e2a\u6210\u89c1\u662f\u4e0d\u5bf9\u7684\u3002\u5728\u4efb\u4f55\u4e00\u4e2a\u9886\u57df\uff0c\u4e0d\u5149\u662f\u5728\u91d1\u878d\uff0c\u4efb\u4f55\u4e00\u4e2a\u597d\u7684\u516c\u53f8\uff0c\u90fd\u5728\u968f\u65f6\u521b\u9020\u65b0\u7684\u81ea\u5df1\uff0c\u90fd\u662f\u5728\u4e0d\u65ad\u53bb\u5bfb\u627e\u65b0\u7684\u505a\u4e8b\u7684\u65b9\u6cd5\u548c\u8def\u5f84\u3002\u4f60\u80fd\u901a\u8fc7\u5f88\u591a\u7684\u65b9\u5f0f\u6765\u521b\u4e1a\uff0c\u4e0d\u662f\u4e00\u5b9a\u8981\u53bb\u627e\u4e2a\u8f66\u5e93\u7136\u540e\u5728\u91cc\u9762\u5f00\u4e00\u5bb6\u516c\u53f8\uff0c\u5f53\u7136\u8fd9\u6837\u505a\u662f\u6709\u610f\u4e49\u7684\uff0c\u4f46\u662f\u5e76\u4e0d\u9002\u5408\u6240\u6709\u4eba\u3002<\/p>\n<\/section>\n<\/section>\n<p>@<strong>\u989c\u6653\u5ddd\uff1a<\/strong>\u4f60\u5728JP Morgan\u91cc\u9762\u5c31\u521b\u4e1a\u4e86\uff1f<\/p>\n<p><strong>@\u7f57\u65af\uff1a<\/strong>\u6211\u5728JP Morgan\u5446\u4e86\u592a\u4e45\u4e86\uff0c\u505a\u4e86\u592a\u591a\u4e8b\u60c5\u4e86\u3002\u5176\u4e2d\u4e00\u4ef6\u5c31\u662f\u6211\u6709\u5e78\u5728\u4e00\u4e2a\u5de8\u5927\u7684\u96c6\u56e2\u7684\u4f53\u5185\uff0c\u4ece\u5e73\u5730\u800c\u8d77\uff0c\u5efa\u7acb\u4e86\u4e00\u5957\u5168\u65b0\u7684\u4e1a\u52a1\u3002\u90a3\u662f\u4e00\u4e2a\u8ba9\u6211\u80fd\u591f\u975e\u5e38\u6709\u521b\u4e1a\u7cbe\u795e\u7684\u673a\u4f1a\u3002\u90a3\u662f\u57281980\u5e74\u4ee3\u540e\u671f\u548c1990\u5e74\u4ee3\u521d\u671f\uff0c\u653f\u5e9c\u5141\u8bb8\u6211\u4eec\u5f00\u5c55\u5f88\u591a\u4ee5\u524d\u4e0d\u5141\u8bb8\u7684\u6295\u8d44\u94f6\u884c\u4e1a\u52a1\u3002\u6211\u5c31\u62db\u96c6\u4e86\u51e0\u4e2a\u540c\u4e8b\uff0c\u6765\u4ece\u4e00\u5f20\u767d\u7eb8\u5f00\u59cb\uff0c\u5efa\u7acb\u4e00\u6574\u5957\u80a1\u6743\u4e1a\u52a1\uff08Equity Business\uff09\uff0c\u5305\u62ec\u9500\u552e\u3001\u4ea4\u6613\u3001\u7814\u7a76\uff08Research\uff09\u3001\u627f\u9500\uff08Underwriting\uff09\u3001\u91d1\u878d\u884d\u751f\u54c1\uff08Derivatives\uff09\u3002\u6211\u4eec\u4e00\u5171\u7528\u4e86\u5341\u5e74\u6765\u5efa\u5b83\u3002\u5341\u5e74\u4e4b\u540e\uff0c\u5b83\u4ece\u4e00\u5206\u94b1\u6ca1\u6709\uff0c\u5230\u4e8c\u5341\u4ebf\u7f8e\u91d1\u7684\u8425\u4e1a\u989d\uff0c\u5341\u4ebf\u7f8e\u91d1\u7684\u5229\u6da6\u3002\u800c\u4eca\u5929\uff0c\u5b83\u5df2\u7ecf\u662f\u5168\u7403\u7b2c\u4e00\u4e86\u3002\u6240\u4ee5\uff0c\u80fd\u5728\u4e00\u4e2a\u5927\u516c\u53f8\u91cc\u9762\uff0c\u4ece\u96f6\u5f00\u59cb\uff0c\u5efa\u7acb\u4e00\u5ea7\u5927\u53a6\uff0c\u662f\u5f88\u8ba9\u4eba\u60ca\u53f9\u7684\u3002\u6211\u4eec\u5f53\u65f6\u9700\u8981\u628a\u597d\u591a\u597d\u591a\u4e1c\u897f\u51d1\u5230\u4e00\u8d77\u3002\u6211\u4eec\u8981\u627e\u5230\u6b63\u786e\u7684\u4eba\uff0c\u8981\u5efa\u7acb\u4e00\u4e2a\u6b63\u786e\u7684\u6587\u5316\uff0c\u8fd8\u8981\u8ba9\u8fd9\u4e2a\u4e1a\u52a1\u6709\u8d44\u91d1\u652f\u6301\u3002\u8fd9\u4e00\u5207\u592a\u597d\u73a9\u4e86\u3002<\/p>\n<section data-role=\"outer\">\n<h2 data-tools=\"135\u7f16\u8f91\u5668\" data-id=\"41173\" data-color=\"#FF0000\" data-custom=\"#FF0000\"><span style=\"text-decoration: underline;\"><span class=\"\" title=\"\" data-original-title=\"\">2<\/span>\u5982\u4f55\u9009\u961f\u53cb\uff1a\u610f\u8bc6\u5f62\u6001\u6bd4\u5b9e\u529b\u66f4\u91cd\u8981<\/span><\/h2>\n<\/section>\n<p>@<strong>\u989c\u6653\u5ddd\uff1a<\/strong>\u80fd\u505a\u5230\u8fd9\u4e48\u5389\u5bb3\uff0c\u6700\u91cd\u8981\u7684\u662f\u4ec0\u4e48\uff1f<\/p>\n<p><strong>@\u7f57\u65af\uff1a<\/strong>\u4f60\u4e00\u5b9a\u8981\u5bf9\u4f60\u9009\u7684\u961f\u53cb\u683c\u5916\u5c0f\u5fc3\u3002\u5bf9\u6211\u6765\u8bf4\uff0c\u8fd9\u662f\u7edd\u5bf9\u7684\u7b2c\u4e00\u91cd\u8981\u3002\u806a\u660e\u7684\u4eba\u5f88\u591a\u3002\u4f46\u662f\uff0c\u667a\u5546\u548c\u80fd\u529b\uff0c\u8fbe\u5230\u4e00\u5b9a\u7684\u7a0b\u5ea6\u5c31\u884c\u4e86\u3002\u800c\u771f\u6b63\u51b3\u5b9a\u6210\u8d25\u7684\u662f\u4ed6\u4eec\u662f\u5426\u548c\u4f60\u7684\u770b\u6cd5\u4e00\u81f4\uff08share a common vision\uff09\u3002\u4ed6\u4eec\u8981\u8ba4\u540c\u4f60\u7684\u76ee\u7684\u548c\u8fbe\u5230\u76ee\u7684\u7684\u624b\u6bb5\u3002\u4ed6\u4eec\u6210\u4e3a\u4f60\u7684\u961f\u53cb\uff0c\u662f\u56e0\u4e3a\u4ed6\u4eec\u60f3\u62ff\u90a3\u4efd\u5de5\u8d44\u5417\uff1f\u8fd8\u662f\u4ed6\u4eec\u548c\u4f60\u4e00\u6837\u60f3\u5efa\u8fd9\u680b\u5927\u697c\uff1f\u4f60\u4e00\u5b9a\u8981\u77e5\u9053\uff0c\u4f60\u7684\u961f\u53cb\u662f\u5426\u771f\u7684\u548c\u4f60\u662f\u4e00\u961f\u7684\u3002\u8fd9\u662f\u6700\u91cd\u8981\u7684\uff0c\u5b83\u7684\u529b\u91cf\u65e0\u6bd4\u5f3a\u5927\u3002<\/p>\n<section data-role=\"outer\">\n<h2 data-tools=\"135\u7f16\u8f91\u5668\" data-id=\"41173\" data-color=\"#FF0000\" data-custom=\"#FF0000\"><span class=\"\" title=\"\" data-original-title=\"\">3<\/span>\u6700\u73cd\u8d35\u7684\u961f\u53cb\uff1a\u5ba2\u6237<\/h2>\n<p><strong>@\u7f57\u65af\uff1a<\/strong>\u4f60\u8981\u4e0d\u65ad\u5730\u5411\u4f60\u7684\u5ba2\u6237\u5c55\u793a\u548c\u4ea4\u6d41\u4f60\u7684\u4e1a\u52a1\u7684\u4ef7\u503c\uff0c\u8fd9\u6837\u4f60\u7684\u5ba2\u6237\u5c31\u6709\u53ef\u80fd\u6210\u4e3a\u4f60\u7684\u961f\u53cb\u3002\u4ed6\u4eec\u80fd\u591f\u770b\u5230\u8ddf\u4f60\u5408\u4f5c\u7684\u4ef7\u503c\uff0c\u800c\u4e0d\u662f\u548c\u9ad8\u76db\u3001\u6469\u6839\u65af\u5766\u5229\u5408\u4f5c\uff0c\u867d\u7136\u8fd9\u4e24\u4e2a\u516c\u53f8\u4e5f\u8fd8\u884c\u3002\u8981\u8ba9\u5ba2\u6237\u8ddf\u4f60\u5408\u4f5c\uff0c\u800c\u4e0d\u662f\u8ddf\u4ed6\u4eec\u5408\u4f5c\uff0c\u4f60\u5c31\u9700\u8981\u8ba9\u5ba2\u6237\u52a8\u5fc3\u7684\u7406\u7531\u3002\u8981\u628a\u90a3\u4e2a\u7406\u7531\u4f20\u8fbe\u51fa\u53bb\u4e0d\u662f\u4e00\u4ef6\u7b80\u5355\u7684\u4e8b\u60c5\u3002\u5f88\u591a\u65f6\u5019\uff0c\u662f\u56e0\u4e3a\u4f60\u66f4\u52e4\u594b\uff0c\u66f4\u6ce8\u91cd\u5ba2\u6237\u7684\u9700\u6c42\u800c\u4e0d\u662f\u4f60\u81ea\u5df1\u7684\u9700\u6c42\uff0c\u6216\u8005\u4f60\u66f4\u6709\u8010\u5fc3\u3002\u8fd9\u4e2d\u95f4\u8981\u505a\u5f88\u591a\u7684\u503e\u542c\uff0c\u6765\u56de\u5954\u6ce2\u3002\u8d70\u5230\u6700\u540e\uff0c\u4f60\u80fd\u4e0d\u80fd\u628a\u4e8b\u60c5\u505a\u6210\uff0c\u90fd\u662f\u8981\u770b\u522b\u4eba\u7684\u51b3\u5b9a\u3002\u8fd9\u662f\u4e00\u4e2aPeople business.<\/p>\n<\/section>\n<section data-role=\"outer\">\n<section class=\"\" data-tools=\"135\u7f16\u8f91\u5668\" data-id=\"86134\">\n<section>\n<section>\n<pre><span style=\"font-family: arial, helvetica, sans-serif; font-size: 24px;\">\u4e09\uff1a<strong>\u00a0<\/strong><strong>\u7ed9\u540c\u5b66\u4eec\u7684\u5efa\u8bae<\/strong><\/span><\/pre>\n<\/section>\n<\/section>\n<\/section>\n<\/section>\n<section data-role=\"outer\">\n<h2 data-tools=\"135\u7f16\u8f91\u5668\" data-id=\"41173\" data-color=\"#FF0000\" data-custom=\"#FF0000\"><span style=\"text-decoration: underline;\"><span class=\"\" title=\"\" data-original-title=\"\">1<\/span>\u5b66\u5546\u79d1\/\u91d1\u878d\uff0c\u4f60\u7684\u52a8\u673a\u7eaf\u4e0d\u7eaf\uff1f<\/span><\/h2>\n<p><strong>@\u7f57\u65af\uff1a<\/strong>\u4f60\u53bb\u8bfb\u5546\u5b66\u9662\uff0c\u53bb\u8bfb\u91d1\u878d\u4e13\u4e1a\uff0c\u4f60\u4f1a\u5b66\u5230\u90a3\u4e9b\u5728\u4f60\u521a\u5165\u95e8\u7684\u65f6\u5019\u6709\u7528\u7684\u201c\u5de5\u5177\u5305\u201d\u3002\u4f46\u662f\uff0c\u6211\u4e0d\u8ba4\u4e3a\u8fd9\u662f\u53bb\u8bfb\u5546\u5b66\u9662\u6700\u597d\u7684\u52a8\u673a\u3002\u6211\u8ba4\u4e3a\u6b63\u786e\u7684\u52a8\u673a\u662f\uff0c\u4f60\u60f3\u6d17\u5fc3\u9769\u9762\uff0c\u8ba9\u81ea\u5df1\u957f\u8fdc\u7684\u4e2a\u4eba\u548c\u804c\u4e1a\u89c4\u5212\u53d7\u5230\u6df1\u5ea6\u7684\u6539\u53d8\u3002<\/p>\n<\/section>\n<p>\u6700\u529f\u5229\u7684\u52a8\u673a\u662f\u627e\u5de5\u4f5c\u3002\u8fd9\u4e2a\u529f\u5229\u7684\u76ee\u7684\u662f\u53ef\u4ee5\u8fbe\u5230\u7684\u3002\u4f60\u6709\u5546\u5b66\u9662\u7684\u5b66\u4f4d\u540e\uff0c\u627e\u5de5\u4f5c\u8981\u5bb9\u6613\u8bb8\u591a\u3002\u8fd9\u662f\u4e1a\u754c\u7684\u4e00\u4e2a\u5f62\u5f0f\uff0c\u4f60\u662f\u9700\u8981\u53bb\u8d70\u7684\u3002\u4f46\u662f\uff0c\u6211\u89c9\u5f97\u5546\u5b66\u9662\u6700\u91cd\u8981\u7684\u4e1c\u897f\uff0c\u4e0d\u662f\u8ba9\u4f60\u5f88\u7acb\u7aff\u89c1\u5f71\u5730\u6bd5\u4e1a\u540e\u627e\u5230\u5de5\u4f5c\uff0c\u6216\u8005\u5728\u521a\u5165\u884c\u7684\u65f6\u5019\u7684\u4e00\u4e9b\u4fbf\u5229\u3002\u800c\u662f\u66f4\u957f\u8fdc\u5730\u5f71\u54cd\u4f60\u4eba\u751f\u548c\u804c\u4e1a\u53d1\u5c55\u7684\u540e\u52b2\u3002<\/p>\n<section data-role=\"outer\">\n<h2 data-tools=\"135\u7f16\u8f91\u5668\" data-id=\"41173\" data-color=\"#FF0000\" data-custom=\"#FF0000\"><span style=\"text-decoration: underline;\"><span class=\"\" title=\"\" data-original-title=\"\">2<\/span>\u5546\u79d1\u6559\u80b2\u7684\u7ec8\u6781\u610f\u4e49\uff1f<\/span><\/h2>\n<p><strong>@\u989c\u6653\u5ddd\uff1a<\/strong>\u53bb\u8bfb\u5546\u5b66\u9662\uff0c\u5b66\u751f\u5e94\u8be5\u6293\u4e9b\u4ec0\u4e48\uff1f<\/p>\n<\/section>\n<p><strong>@\u7f57\u65af\uff1a<\/strong>\u5c31\u8fdeSloan\u548cHBS\u8fd9\u6837\u7684\u5546\u5b66\u9662\u4e5f\u5728\u4e24\u4e2a\u4e1c\u897f\u4e2d\u95f4\u627e\u5e73\u8861\u3002\u4e00\u4e2a\u662f\u63d0\u4f9b\u4e00\u4e9b\u5b9e\u7528\u7684\uff0c\u7acb\u7aff\u89c1\u5f71\u7684\u201c\u5de5\u5177\u5305\u201d\u3002\u4f46\u662f\uff0c\u66f4\u91cd\u8981\u7684\u662f\uff0c\u5b83\u7ed9\u4f60\u4e00\u79cd\u5ba1\u89c6\u8fd9\u4e2a\u4e16\u754c\u7684\u601d\u8def\u3002\u5b83\u8ba9\u4f60\u770b\u5230\u4f5c\u4e3a\u4e00\u4e2a\u7ba1\u7406\u8005\u6216\u8005\u9886\u5bfc\u8005\u6240\u9762\u4e34\u7684\u6311\u6218\uff0c\u8fd9\u8ba9\u4f60\u4e0d\u65ad\u6210\u957f\u3002\u8fd9\u662f\u7275\u626f\u5230\u957f\u671f\u804c\u4e1a\u53d1\u5c55\u7684\uff0c\u800c\u4e0d\u662f\u4f60\u521a\u5165\u884c\u7684\u90a3\u51e0\u5e74\u7684\u53d1\u5c55\u3002\u5546\u5b66\u9662\u53ef\u4ee5\u6559\u7ed9\u5b66\u751f\u5f88\u591a\u4e1c\u897f\uff0c\u8fd9\u4e9b\u4e1c\u897f\u4e0d\u4e00\u5b9a\u5728\u5f00\u59cb\u7684\u51e0\u5e74\u91cc\u6709\u7528\uff0c\u4f46\u662f\u5341\u51e0\u5e74\u540e\uff0c\u8fd9\u4e9b\u4e1c\u897f\u80fd\u591f\u663e\u73b0\u51fa\u975e\u5e38\u5f3a\u5927\u7684\u529b\u91cf\u6765\u3002<\/p>\n<p><strong>@\u989c\u6653\u5ddd\uff1a<\/strong>\u5f53\u4f60\u8bf4\u201c\u957f\u671f\u7684\u201d\u4e1c\u897f\uff0c\u90fd\u662f\u4e9b\u4ec0\u4e48\uff1f<\/p>\n<p><strong>@\u7f57\u65af\uff1a<\/strong>\u6211\u6307\u7684\u662f\u5982\u4f55\u5f53\u4e00\u4e2a\u9886\u5bfc\u8005\u3002\u5f53\u4e00\u4e2a\u9886\u5bfc\u8005\u610f\u5473\u7740\u4ec0\u4e48\uff1f\u8bbe\u8ba1\u4e00\u4e2aVision\u662f\u4ec0\u4e48\u610f\u601d\uff1f\u600e\u6837\u5728\u53d8\u5316\u7684\u73af\u5883\u4e2d\u5904\u7406\u95ee\u9898\uff1f\u600e\u6837\u5192\u9669\uff1f\u600e\u6837\u8bf4\u670d\u522b\u4eba\u5e2e\u4f60\u505a\u4f60\u60f3\u505a\u7684\u4e8b\u60c5\uff1f\u5f53\u4e00\u4e2a\u7ba1\u7406\u8005\u610f\u5473\u7740\u4ec0\u4e48\uff1f\u7ba1\u7406\u548c\u5904\u7406\u590d\u6742\u6027\u662f\u4ec0\u4e48\u610f\u601d\uff1f\u4f5c\u4e3a\u4e00\u4e2a\u7ba1\u7406\u8005\uff0c\u6bcf\u5929\u8981\u628a\u516c\u53f8\u4e0d\u540c\u7684\u4e1a\u52a1\uff0c\u6a21\u5757\u878d\u5408\u3001\u4ea4\u6c47\u5904\u7406\u3002\u6240\u4ee5\uff0c\u5546\u5b66\u9662\u7684\u6559\u80b2\u5bf9\u4f60\u804c\u4e1a\u53d1\u5c55\u7684\u4f5c\u7528\uff0c\u5f88\u53ef\u80fd\u662f\u523015\u5e74\uff0c20\u5e74\u540e\u624d\u4f1a\u4f53\u73b0\u51fa\u6765\u3002<\/p>\n<section data-role=\"outer\">\n<h2 data-tools=\"135\u7f16\u8f91\u5668\" data-id=\"41173\" data-color=\"#FF0000\" data-custom=\"#FF0000\"><span style=\"text-decoration: underline;\"><span class=\"\" title=\"\" data-original-title=\"\">3<\/span>\u9ad8\u85aa\uff01\u9ad8\u85aa\uff1f\u91d1\u878d\u5230\u5e95\u597d\u4e0d\u597d\uff1f<\/span><\/h2>\n<p>\u4f20\u8bf4\u4e2d\u7684\u201c\u5c4c\u4e1d\u7684\u51fa\u8def\u201d\uff0c\u201c\u5bd2\u95e8\u5b66\u5b50\u7684\u7b2c\u4e00\u6876\u91d1\u201d\u3002\u6536\u5165\u9ad8\u4e8e\u5176\u4ed6\u884c\u4e1a5\u500d\u523010\u500d\u7684\u6295\u8d44\u94f6\u884c\u4e1a\u6210\u4e3a\u4e86\u540d\u6821\u5b66\u5b50\u4e89\u5148\u6050\u540e\u6324\u5411\u7684\u72ec\u6728\u6865\u3002\u9ad8\u76db\u3001\u6469\u6839\u65af\u5766\u5229\u3001\u6469\u6839\u5927\u901a\u3001\u7f8e\u6797\u8bc1\u5238\u3001\u5df4\u514b\u83b1\u3001\u745e\u94f6\u3001\u5fb7\u610f\u5fd7\u94f6\u884c\uff0c\u8fd9\u4e9b\u540d\u5b57\u5728\u5317\u5927\u3001\u6e05\u534e\u3001\u590d\u65e6\u3001\u4ea4\u5927\u7b49\u6821\u56ed\u91cc\u5982\u96f7\u8d2f\u8033\uff0c\u5f80\u5f80\u80fd\u591f\u5f15\u51fa\u6d89\u4e16\u672a\u6df1\u7684\u5b66\u5b50\u4eec\u65e0\u8f9c\u800c\u5411\u5f80\u7684\u773c\u795e\u3002\u4ed6\u4eec\u4e2d\u5f88\u591a\u4eba\uff0c\u4e0d\u7ba1\u662f\u4ec0\u4e48\u4e13\u4e1a\uff0c\u4ec0\u4e48\u6765\u5386\uff0c\u4ec0\u4e48\u65b9\u8a00\uff0c\u90fd\u60f3\u201c\u6b8a\u9014\u540c\u5f52\u201d\uff0c\u8fdb\u5165\u91d1\u878d\u4e16\u754c\u3002<\/p>\n<\/section>\n<p><strong>@\u989c\u6653\u5ddd\uff1a<\/strong>\u4f60\u600e\u4e48\u770b\u73b0\u5728\u540d\u6821\u5b66\u751f\u7684\u91d1\u878d\u70ed\uff1f<\/p>\n<p><strong>@\u7f57\u65af\uff1a<\/strong>\u9996\u5148\uff0c\u8fd9\u4e2a\u70ed\u5ea6\u5df2\u7ecf\u5728\u4e0b\u964d\u4e86\u3002\u4f46\u662f\uff0c\u91d1\u878d\u9886\u57df\u8fd8\u662f\u975e\u5e38\u6709\u5438\u5f15\u529b\u7684\u4e00\u4e2a\u677f\u5757\u3002\u6211\u8ba4\u4e3a\u8fd9\u4e2a\u70ed\u5ea6\u7684\u964d\u6e29\u662f\u5065\u5eb7\u7684\uff0c\u56e0\u4e3a\u73b0\u5728\u5f88\u591a\u4eba\u8fdb\u5165\u91d1\u878d\u9886\u57df\uff0c\u5e76\u4e0d\u662f\u56e0\u4e3a\u4ed6\u4eec\u60f3\u505a\u91d1\u878d\uff0c\u800c\u662f\u56e0\u4e3a\u4ed6\u4eec\u60f3\u8d5a\u94b1\u3002\u800c\u6211\u8ba4\u4e3a\uff0c\u4f60\u5e94\u8be5\u53bb\u505a\u4f60\u60f3\u505a\u7684\u4e8b\u60c5\uff0c\u4f60\u611f\u5174\u8da3\u7684\u4e8b\u60c5\u3002\u5982\u679c\u4f60\u4ece\u4e8b\u4e00\u4e2a\u4f60\u6709\u70ed\u60c5\u7684\u9886\u57df\uff0c\u4ece\u6211\u7684\u7ecf\u9a8c\u6765\u5224\u65ad\uff0c\u4f60\u5c31\u4e00\u5b9a\u80fd\u8d5a\u5230\u94b1\u3002\u53cd\u4e4b\uff0c\u5982\u679c\u4f60\u5bf9\u91d1\u878d\u6ca1\u6709\u70ed\u60c5\uff0c\u5c31\u7b97\u4f60\u8fdb\u5165\u91d1\u878d\u9886\u57df\uff0c\u4f60\u4e5f\u8d5a\u4e0d\u4e86\u4ec0\u4e48\u94b1\u3002\u5f88\u591a\u4eba\u90fd\u72af\u4e86\u7684\u8fd9\u4e2a\u9519\u8bef\u3002\u5728\u91d1\u878d\u9886\u57df\u91cc\u9762\uff0c\u5bf9\u5b83\u6709\u5174\u8da3\u7684\u4eba\u624d\u80fd\u7559\u4e0b\u6765\uff0c\u800c\u6ca1\u6709\u5174\u8da3\u7684\u8fdf\u65e9\u90fd\u8981\u8d70\u4eba\u3002<\/p>\n<p>\u53e6\u5916\uff0c\u5927\u5b66\u5728\u4e8e\u5bf9\u4f60\u8fd9\u4e2a\u4eba\u7684\u5851\u9020\uff0c\u800c\u4e0d\u53ea\u662f\u5e2e\u4f60\u627e\u5de5\u4f5c\u3002<\/p>\n<p>\u8f6c\u8f7d\u8bf7\u6ce8\u660e\uff1a<a href=\"https:\/\/www.houquner.com\">Kermit\u7684\u7f51\u7ad9<\/a> &raquo; <a href=\"https:\/\/www.houquner.com\/index.php\/archives\/796\">\u3010\u5927\u5496\u6d1e\u89c1\u3011\u6469\u6839\u5927\u901a\u8463\u4e8b\u957f\u80ba\u8151\u4e4b\u8a00\uff1a\u5bf9\u60f3\u8fdb\u5165\u91d1\u878d\u4e1a\u5e74\u8f7b\u4eba\u7684\u4e00\u4e9b\u5efa\u8bae<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>\u6211\u4e4b\u524d\u66fe\u7ecf\u5728\u6469\u6839\u5927\u901a\uff08JP Morgan\uff09\u7ebd\u7ea6\u603b\u90e8\u7684\u9500\u552e\u4e0e\u4ea4\u6613\u90e8\uff08Sale and Trading\uff09\u5b9e\u4e60\u3002\u5f53\u65f6\u6bcf\u5929\u65e9\u4e0a5\u70b9\u8fc7\u8d77\u5e8a\u53bb\u4e0a\u73ed\uff0c\u5728\u51fa\u95e8\u65f6\u603b\u4e0d\u5fd8\u5410\u69fd\u8fd9\u6ca1\u6709\u751f\u6d3b\u7684\u5047\u671f\u3002\u4f46\u662f\uff0c\u6bcf\u5f53\u8d70\u8fdb\u4f4d\u4e8e\u7ebd\u7ea6\u5e02\u4e2d\u5fc3\u6700\u7e41\u534e\u7684\u9ea6\u8fea\u900a\u5927\u9053\u7684\u516c\u53f8\u5927\u697c\uff0c\u770b\u7740\u4e00\u5757\u9192\u76ee\u7684\u5199\u7740J [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":["post-796","post","type-post","status-publish","format-standard","hentry","category-finance"],"_links":{"self":[{"href":"https:\/\/www.houquner.com\/index.php\/wp-json\/wp\/v2\/posts\/796"}],"collection":[{"href":"https:\/\/www.houquner.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.houquner.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.houquner.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.houquner.com\/index.php\/wp-json\/wp\/v2\/comments?post=796"}],"version-history":[{"count":11,"href":"https:\/\/www.houquner.com\/index.php\/wp-json\/wp\/v2\/posts\/796\/revisions"}],"predecessor-version":[{"id":808,"href":"https:\/\/www.houquner.com\/index.php\/wp-json\/wp\/v2\/posts\/796\/revisions\/808"}],"wp:attachment":[{"href":"https:\/\/www.houquner.com\/index.php\/wp-json\/wp\/v2\/media?parent=796"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.houquner.com\/index.php\/wp-json\/wp\/v2\/categories?post=796"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.houquner.com\/index.php\/wp-json\/wp\/v2\/tags?post=796"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}