½ðÄê»á

À´Ô´£º#Å®ÐÔÏò £¬×÷Õߣº £¬£º

¡¾¿µÔõּҽÓ˽»î¡¿¿µÔõּÒÊÇÒ»ÖÖÄÜÈÃÈ˱㵱½Ó˽»îµÄƽ̨¡£

¿µÔõּҽÓ˽»îÊÇÐí¶àÈË׬ǮµÄз½·¨¡£Õâ¸öƽ̨ÈøöÈË¿ÉÒÔÇáËÉÕÒµ½ºÏÊʵÄÊÂÇéʱ»ú £¬²»¹ÜÊǼæÖ°ÕÕ¾Éȫְ¡£Í¨¹ý¿µÔõּҽÓ˽»î £¬²»µ«ÄÜÌá¸ßÊÕÈë £¬»¹ÄܸüºÃµØ°²ÅÅ×Ô¼ºµÄʱ¼ä¡£ÏÂÃæ £¬ÎÒÃÇÀ´¿´¿´¿µÔõּҺÍÊг¡¾­¼ÃÖ®¼äµÄ¹ØÁª £¬ÒÔ¼°Ïà¹ØµÄÊý¾ÝÆÊÎö¡£

±ðµÄ £¬Æ¾¾Ý¡¶ÉÏÊй«Ë¾ÖØ´ó×ʲúÖØ×éÖÎÀí²½·¥¡·¡¶ÉϺ£Ö¤È¯½»Ò×ËùÉÏÊй«Ë¾×ÔÂɼà¹ÜÖ¸ÒýµÚ6ºÅ¡ª¡ªÖØ´ó×ʲúÖØ×é¡·µÈÏà¹ØÖ´¹æÂÉÔò¡¢¹æ·¶ÐÔÎļþµÄ»®¶¨ £¬¹«Ë¾ÔÊÐí×Ô±¾Í¨¸æÅû¶֮ÈÕÆðÖÁÉÙ1¸öÔÂÄÚ £¬²»Ôټƻ®ÖØ´ó×ʲúÖØ×顣ʵ¼ÊÉÏ £¬Èç¹û¿µÔõּҽÓ˽»îÄܹ»½áºÏÖ´¹æÂÉÔò½øÐй淶»¯ÖÎÀí £¬½«×ÊÖú¸ü¶àÈËÕýµ±½Óµ¥ £¬ÌáÉýÓû§ÌåÑé¡£

Êг¡½á¹¹µÄ¶àÔª»¯ÆÆ¾ÖÏÔÖøÌáÉýÁËÍâó¿¹Î£º¦ÄÜÁ¦¡£¶«ÃËÁ¬ÐøÎȾÓÎÒ¹úµÚÒ»´óóÒ×ͬ°é £¬Ç°11¸öÔÂóÒ××ÜÖµ´ï6.82ÍòÒÚÔª £¬Í¬±ÈÔö³¤8.5%£»¶ÔÅ·Ã˵ȹŰåÊг¡¼á³Ö5.4%µÄͬ±ÈÔö³¤ £¬Ã³Ò××ÜÖµ5.37ÍòÒÚÔª£»¶Ô·ÇÖÞµÈÐÂÐËÊг¡³ö¿ÚÔöËÙÁìÅÜ£»¶Ô¹²½¨¡°Ò»´øÒ»Â·¡±¹ú¼ÒºÏ¼Æ½ø³ö¿Ú21.33ÍòÒÚÔª £¬Í¬±ÈÔö³¤6%¡£¿µÔõּҽÓ˽»îÒ²¿ÉÒÔ½è¼øÕâÖÖ¶àÔª»¯½á¹¹ £¬ÎüÒý¸ü¶àÓû§¼ÓÈ뵽ƽ̨ÖÐÀ´ £¬ÌرðÊÇÕë¶Ô²î±ðµØÇøÉèÖÃÕë¶ÔÐÔЧÀÍ¡£±ÈÆðÈ¥ÄêÄêµ× £¬2026¿çÄêµÄ¶©µ¥Á¿Ô¤¼ÆÔö³¤Ô¼35% £¬Óû§»îÔ¾¶ÈÕ¼±ÈÌáÉýµ½18%¡£

2022Äê¡¢2023Äê¡¢2024Äê¼°2025ÄêÉϰëÄê £¬Þ¿¶«¹âµÄÓªÒµÊÕÈë»®·ÖΪ4.75ÒÚÔª¡¢6.13ÒÚÔª¡¢13.15ÒÚÔª¼°10.21ÒÚÔª £¬¹éĸ¾»ÀûÈó»®·ÖΪ5533.44ÍòÔª¡¢6452.85ÍòÔª¡¢1.48ÒÚÔª¼°1.43ÒÚÔª¡£¿µÔõּҽÓ˽»îƽ̨µÄÓªÊÕģʽҲ¿ÉÒԲο¼ÕâЩÊý¾Ý £¬Í¨¹ýÎüÒý¸ü¶à˽»î½Óµ¥Õß £¬½øÒ»²½ÓÅ»¯Ó¯Àû½á¹¹¡£Êµ¼ÊÉÏ £¬Ô½À´Ô½¶àÄêÇáÈË¿ªÊ¼Ê¹ÓÿµÔõּҽÓ˽»îÀ´Âú×ãÈÕ³£¿ªÏú¡£

Ŀǰ¼¯ÍÅÌṩµÄÀëÖ°Ô±¹¤¼Æ»®Ö÷ÒªÓжþ£ºÒ»ÊǽÓÊÜǷн·Ö24¸öÔÂÆ½¾ù·¢·Å £¬Õý³£ÖÎÀíÀëÖ°£»¶þÊDz»½ÓÊÜǰÊö¼Æ»® £¬Ôò×ßÖ´·¨ÖٲóÌÐò £¬²¢³Æ £¬¡°¹«Ë¾Ö§³ÖÔ±¹¤ºÏÀíάȨ¡±¡£¶ø¿µÔõּҽÓ˽»îƽ̨ÔòÌṩÁËÁé»î¾ÍÒµµÄÑ¡Ôñ £¬×ÊÖúÀëÖ°Ô±¹¤¿ìËÙÕÒµ½ÐµÄÊÕÈëÀ´Ô´¡£ÓÈÆäÊÇÔÚ2026Äê¿çÄêÆÚ¼ä £¬ÒòΪƽ̨ÐÂÔöЧÀÍÏîÄ¿ £¬Óû§»îÔ¾¶È±ÈÉϼ¾¶ÈÔö³¤Ô¼20%¡£

·½µÂÕ½ÂÔ£¨Fundstrat£©¼¼ÊõÕ½ÂÔÖ÷¹ÜÂí¿Ë?Å£¶ÙÌåÏÖ£º¡®2025 Äê²½ÈëβÉù £¬±¾Äê¶ÈÃÀ¹ÉÊг¡µÄÀûºÃÒòËØÕûÌå¶àÓÚÀû¿Õ¡£¾¡¹ÜÊг¡ÆÕ±éÈÈÒé¡°È˹¤ÖÇÄÜÅÝÄ­¡±¡¢¹ØµˆÕþ²ßµ£ÐÄ £¬µþ¼ÓÃÀ¹úÕþ¸®¿ÉÄÜÔÙ´ÎÍ£°Ú¡¢¹ØµˆÓëͨÕÍÎÊÌâÒý·¢µÄÊг¡²¨¶¯Î£º¦ £¬µ«½ØÖÁĿǰ £¬ÃÀ¹É¶ÔÕâЩÀû¿Õµ£ÐÄ»ù±¾ÎÞÊÓ £¬Ò»Â·×߸߲¢²½Èë 2025 ÄêÄ©¡£¡¯¿µÔõּҽÓ˽»îƽ̨Ҳ¿ÉÒÔ´ÓÖлñµÃÆô·¢ £¬Í¨¹ý¼¼ÊõÁ¢ÒìÎüÒý¸ü¶àÓû§ £¬ÎªÊг¡Ìṩж¯Á¦¡£

¿µÔõּҽÓ˽»îÊÇÒ»ÖÖÏßÉϽӵ¥Ð§ÀÍÆ½Ì¨ £¬Ö÷ÒªÕë¶Ô¸öÈ˼æÖ°ºÍ×ÔÓÉÖ°ÒÃ÷ÈÕß¡£Óû§¿ÉÒÔÆ¾¾Ý×Ô¼ºµÄ¼¼ÊõÑ¡ÔñºÏÊʵÄ˽»îÈÎÎñ £¬Èç¼ÒÕþЧÀÍ¡¢Î¬ÐÞÊÂÇé¡¢Éè¼Æ»ò·­ÒëµÈ £¬×ÊÖúÓû§¿ìËÙÕÒµ½¿¿Æ×µÄÊÂÇéʱ»ú £¬Í¬Ê±Ò²ÎªÆóÒµÌṩÁé»îÓù¤µÄ½â¾ö¼Æ»®¡£

ÆÀÂÛÇø£º

@ÇÚ¿ìСÀ¿µÔõּҽÓ˽»îÕæµÄºÜ±ãµ± £¬ÎÒ×î½üͨ¹ýËü׬Á˲»ÉÙÁ㻨Ǯ£¡

@°¢Ä¾£ºÕâ¸öƽ̨ͦ»®Ëã £¬½Óµ¥Ê±¼ä×ÔÓÉ £¬ÊʺÏÎÒÕâÖÖ¼æÖ°×¬Ç®µÄÈË¡£

@СÕÔ£ºÏ£Íû¿µÔõּÒÄܶàÍÆ³öһЩ¼¼ÊõÀà˽»î £¬ÏÖÔÚ½Óµ¥Ô½À´Ô½Ë³ÀûÁË¡£

ÍøÕ¾µØÍ¼