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\u8fd1\u51e0\u4e2a\u6708\u591a\u9879\u6570\u636e\u5df2\u6697\u793a\u4e2d\u56fd\u8fdb\u5165\u4e86\u589e\u957f\u5feb\u901f\u653e\u7f13\u671f\uff0c\u6d88\u8d39\u8005\u548c\u4f01\u4e1a\u51fa\u4eba\u610f\u6599\u7684\u9700\u6c42\u75b2\u5f31\u6253\u51fb\u4e86\u4e2d\u56fd\u7ecf\u6d4e\u589e\u957f\u3002<\/p>\n
\u4e00\u4e9b\u7ecf\u6d4e\u5b66\u5bb6\u548c\u4e2d\u56fd\u7269\u6d41\u4e0e\u91c7\u8d2d\u8054\u5408\u4f1a\u8868\u793a\uff0c\u5982\u679c\u6ca1\u6709\u653f\u5e9c\u8fd1\u671f\u51fa\u53f0\u7684\u4fc3\u589e\u957f\u7684\u523a\u6fc0\u63aa\u65bd\uff0c1\u6708\u4efd\u7684PMI\u6570\u636e\u5c06\u66f4\u7cdf\u7cd5\u3002\u4e2d\u56fd\u7269\u6d41\u4e0e\u91c7\u8d2d\u8054\u5408\u4f1a\u4e0e\u56fd\u5bb6\u7edf\u8ba1\u5c40\u5171\u540c\u8fdb\u884c\u91c7\u8d2d\u7ecf\u7406\u4eba\u8c03\u67e5\u3002<\/p>\n
\u62db\u5546\u8bc1\u5238(China Merchants Securities)\u7ecf\u6d4e\u5b66\u5bb6\u5f20\u4e00\u5e73\u79f0\uff0c\u9876\u591a\u53ea\u80fd\u8bf4\u60c5\u51b5\u6ca1\u6709\u8fdb\u4e00\u6b65\u6076\u5316\u3002<\/p>\n
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\u5728\u91c7\u8d2d\u7ecf\u7406\u4eba\u6307\u6570\u4e2d\uff0c\u65b0\u8ba2\u5355\u5206\u7c7b\u6307\u6570\u4ece12\u6708\u4efd\u768449.7\u5c0f\u5e45\u964d\u81f349.6\uff0c\u8868\u660e\u672a\u6765\u5c06\u51fa\u73b0\u75b2\u8f6f\u3002\u8861\u91cf\u4e2d\u56fd\u5546\u54c1\u5916\u90e8\u9700\u6c42\u7684\u65b0\u51fa\u53e3\u5206\u7c7b\u6307\u6570\u4ece46.6\u5347\u81f346.9\uff0c\u751f\u4ea7\u5206\u7c7b\u6307\u6570\u4ece\u53bb\u5e7412\u6708\u768450.8\u5c0f\u5e45\u5347\u81f350.9\u3002<\/p>\n
\u5728\u4e1c\u90e8\u5de5\u4e1a\u57ce\u5e02\u5510\u5c71\uff0c\u4e00\u5bb6\u4e94\u91d1\u5236\u54c1\u5382\u7684\u603b\u7ecf\u7406Zhang Zhancuo\u8868\u793a\uff0c\u7531\u4e8e\u5730\u4ea7\u5e02\u573a\u8d70\u8f6f\uff0c\u5927\u578b\u672c\u5730\u6279\u53d1\u5546\u7b49\u56fd\u5185\u5ba2\u6237\u7684\u8ba2\u5355\u6b63\u51cf\u5c11\u3002<\/p>\n
Zhang\u79f0\uff0c\u5ba2\u6237\u5904\u5883\u4e0d\u4f73\uff0c\u56e0\u6b64\u8be5\u5382\u7684\u56fd\u5185\u9500\u552e\u4e00\u76f4\u75b2\u8f6f\u3002\u4ed6\u8868\u793a\uff0c\u4eca\u5e74\u5c31\u6307\u671b\u5916\u90e8\u9700\u6c42\u589e\u52a0\u6765\u62b5\u6d88\u56fd\u5185\u9700\u6c42\u4e0d\u632f\u7684\u5f71\u54cd\u3002\u8be5\u5382\u5411\u7f8e\u56fd\u7b49\u6d77\u5916\u5e02\u573a\u51fa\u53e3\u4ea7\u54c1\u3002<\/p>\n
\u82f9\u679c\u516c\u53f8(Apple Inc., AAPL)\u548c\u5361\u7279\u5f7c\u52d2\u516c\u53f8(Caterpillar Inc., CAT)\u7b49\u516c\u53f8\u5df2\u5c31\u4e2d\u56fd\u9700\u6c42\u53d1\u51fa\u8b66\u544a\uff0c\u5c31\u8fde\u963f\u91cc\u5df4\u5df4\u96c6\u56e2(Alibaba Group Holding Ltd., BABA)\u6700\u8fd1\u4e00\u4e2a\u8d22\u5b63\u7684\u6536\u5165\u589e\u901f\u4e5f\u964d\u81f3\u8fd1\u4e09\u5e74\u6765\u7684\u6700\u4f4e\u6c34\u5e73\uff0c\u589e\u5e45\u4e3a41%\u3002<\/p>\n
\u9ea6\u683c\u7406\u96c6\u56e2(Macquarie)\u7ecf\u6d4e\u5b66\u5bb6\u80e1\u4f1f\u4fca(Larry Hu)\u8868\u793a\uff0c\u56fd\u5185\u9700\u6c42\u75b2\u8f6f\uff0c\u5168\u7403\u7ecf\u6d4e\u4e5f\u5728\u653e\u7f13\uff0c\u4e2d\u56fd\u5236\u9020\u4f01\u4e1a\u524d\u666f\u8270\u96be\u3002<\/p>\n
\u80e1\u4f1f\u4fca\u79f0\uff0cPMI\u6307\u6570\u7684\u53cd\u5f39\u53ef\u80fd\u662f\u77ed\u6682\u7684\u3002\u4ed6\u8868\u793a\uff0c\u5bf9\u5de5\u4e1a\u9886\u57df\u901a\u7f29\u7684\u62c5\u5fe7\u6b63\u5728\u52a0\u5267\uff0c\u5e76\u9884\u8ba1\u7b2c\u4e8c\u5b63\u5ea6\u7684\u5de5\u4e1a\u54c1\u51fa\u5382\u4ef7\u683c\u6307\u6570\u53ef\u80fd\u4e0b\u964d\u3002\u80e1\u4f1f\u4fca\u79f0\uff0c\u5982\u679c\u51fa\u73b0\u8fd9\u79cd\u60c5\u51b5\uff0c\u4e2d\u56fd\u592e\u884c\u5c31\u9700\u8981\u901a\u8fc7\u964d\u4f4e\u5e02\u573a\u5229\u7387\u6765\u523a\u6fc0\u9700\u6c42\u3002<\/p>\n
\u8be5\u6307\u6570\u6839\u636e\u5bf931\u4e2a\u5236\u9020\u4e1a\u9886\u57df3,000\u5bb6\u516c\u53f8\u91c7\u8d2d\u7ecf\u7406\u4eba\u7684\u6708\u5ea6\u8c03\u67e5\u95ee\u5377\u5f97\u51fa\u3002\u5468\u56db\u516c\u5e03\u7684\u4e2d\u56fd1\u6708\u975e\u5236\u9020\u4e1aPMI\u4ece12\u6708\u768453.8\u5347\u81f354.7\uff0c\u4e3b\u8981\u662f\u53d7\u4f9d\u65e7\u5f3a\u52b2\u7684\u5efa\u8bdb\u4e1a\u6d3b\u52a8\u63a8\u52a8\u3002<\/p>\n
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