2017Äê9ÔÂ7ÈÕ£¬ËÕÏíïÔÚÉ罻ƽ̨ÉÏдµÀ£º¡°ÎÒÊǰ±ð±Ê³ó´Ç²Ô±ðµÄ¿ª·¢Õߣ¬½ñÌìÎÒ¾ÍÒª×ßÁË£¬´¡±è±èÒÔºóÎÞ·¨ÔËÓªÁË£¬±§Ç¸¡£ÎÒ´ÓÀ´Ã»Ïë¹ýÎÒÊÇÕâÑùµÄ½á¾Ö£¬ÎÒ¾¹È»±»ÎÒ¼«Æä´õ¶¾µÄÇ°ÆÞµÔÐÀÐÀ¸ø±ÆËÀÁË¡£¡±
2024Äê12ÔÂ31ÈÕ£¬½»Ò×Աת¶øͶЧ¶à²ßÂÔ¶Ô³å»ù½ðµÄ·ç³±ÔÚ½ñÄêûÓлººÍµÄ¼£Ïó¡£×îÐÂһλת»»ÅܵÀµÄÃ÷Ðǽ»Ò×Ô±ÊÇBen Melkman£¬Õâλºê¹Ûר¼ÒÏÈÇ°·ÅÆú×ÔÁ¢ÃÅ»§¡¢´´Á¢»ù½ðµÄ¼Æ»®£¬ºóÀ´¾ö¶¨¼ÓÈëSchonfeld Strategic Advisors¡£
...¤Ê½ÓÎǤȥ»¥Ã¥¯¥¹ Ã÷Àï¤Ä¤à¤®(ÖÐÎÄ×ÖÄ»)-ÃûÈË°Ù¿ÆÍø
¶ø¶ÔÓÚÒ»¸öº¢×Ó×¼±¸ÁËÊ®ÓàÄê¡¢Ò»±²×ÓÖ»¿¼Ò»´ÎµÄ´óѧÀ´ËµÕâ¸öÏÝÚåµÄºó¹û¿ÉÄÜÊÇÄÑÒÔ³ÐÊܵÄ
Õâ¸öÊÓƵ±»´«µ½ÍøÂçÉÏÖ®ºó£¬Ñ¸ËÙµÄÒý·¢ÁËÈ«ÍøµÄÈÈÒ顣ΪÁËÍøÏß½ÓÐø¸ü¿ì
ciwaiquniandizhangtingtianzhudecaozuozhegangkounajiahuobeijinzhijiaoyi£¬yaozai7yuechucaifangchulai£¬huibuhuicunzaizhezhongqingkuang£¬jiushiliyongniandufenhongzhihou£¬weigangkoudejixuzengchitigongshijian¡¢fenhongzijinyijigengbianyidegujia£¨chuquanchuxijia£©£¬zheyezhishibenrendecaiceeryi£¬woxiangbupaichuzhezhongkeneng£¬yinweimuqianxingyeyinxingdeguquanhuanshibijiaofensande£¬yaoxiangjinkuaishixianzhaizhuangu£¬jiubudebujiakuaiguquandejizhong¡£zhejiangguoxingjianshejituanyouxiangongsi huangjingli£ºjutidedengyushuoshi £¬tazhetaoqueshiyouloushui£¬zhegewomenyechengren£¬buhuibizhegewenti¡£xianzaiwomenshizhenggewumianfangshui£¬zaijiaqiangyixia£¬zaizhongxingeitashigong¡£
Ôì(´Ü²¹´Ç)³µ(°ä³ó±ð)·½(¹ó²¹²Ô²µ)Ãæ(²Ñ¾±²¹²Ô)£¬¸Õ(³Ò²¹²Ô²µ)¸Õ(³Ò²¹²Ô²µ)¬(³¢³Ü)×Ü(´Ü´Ç²Ô²µ)ÒÑ(³Û¾±)¾(´³¾±²Ô²µ)̸(°Õ²¹²Ô)µÃ(¶Ù±ð)ºÜ(±á±ð²Ô)Çå(²Ï¾±²Ô²µ)³þ(°ä³ó³Ü)ÁË(³¢¾±²¹´Ç)£¬ÎÒ(°Â´Ç)ÔÚ(´Ü²¹¾±)Õâ(´Ü³ó±ð)Àï(³¢¾±)Ò²(³Û±ð)²»(µþ³Ü)ÔÙ(´Ü²¹¾±)ÖØ(´Ü³ó´Ç²Ô²µ)¸´(¹ó³Ü)ÁË(³¢¾±²¹´Ç)¡£
³ú²¹¾±³ú³ó±ð²â¾±´Ú²¹²Ô²µ³¾¾±²¹²Ô£¬³ú³Ü¾±Âá¾±²Ô³ú²¹¾±³¦¾±³ó³Ü´Ç³¦³ó³Ü±ç³Ü²¹²Ô»å±ð¡°²õ³ó±ð²Ô³ú³ó±ð²Ô³æ¾±²¹´Ç´Ú³Ü¡±°ì±ð²â¾±³ú³Ü´Ç·É±ð¾±²â¾±²µ±ð»å¾±²¹²Ô´Ú²¹²Ô¡£³¦³ó³Ü³ú³ó¾±±ô¾±²¹²Ô²µ²µ³Ü´Ç²â¾±²Ô²µ¡¢Âá¾±²¹²Ô²â³Ü±ð²õ³ó¾±²õ³ó²¹²Ô²µ¡¢²õ³ó¾±²â´Ç²Ô²µ²õ³ó³Ü²õ³ó¾±»å±ð²Ô²µ³Ù±ð»å¾±²¹²Ô·É²¹¾±£¬Âá¾±²¹²µ±ð²õ³ó¾±³ó³Ü¾±¡¢³ú¾±²â´Ç³Ü³æ³Ü²¹²Ô²µ´Ç³Ü°ì±ð·É±ð¾±¡°²õ³ó±ð²Ô³ú³ó±ð²Ô³æ¾±²¹´Ç´Ú³Ü¡±»å±ð³ú³Ü¾±»å²¹±ô¾±²¹²Ô²µ»å¾±²¹²Ô¡£Âá³Ü³¾±ð¾±³Ù¾±²ú²¹´Ç»å²¹´Ç£¬¡°²õ³ó±ð²Ô³ú³ó±ð²Ô³æ¾±²¹´Ç´Ú³Ü¡±24²Ô¾±²¹²Ô±ô²¹¾±Âá¾±²ú±ð²Ô°ì³Ü²¹²Ô²õ³ó¾±·É±ð¾±²ú¾±²¹²Ô£¬»å²¹²ÔÂá¾±²¹²ÔÂá¾±²¹²µ±ð25»å²¹´Ç45²â³Ü²¹²Ô²ú³Ü»å±ð²Ô²µ£¬Âá¾±²¹³¦³ó²¹²Ô²µ°ì±ð²â¾±²õ³Ü¾±²õ³ó¾±³ú²¹¾±Âá¾±±ð²ú¾±²¹²Ô»å¾±²¹²Ô±è³Ü¡¢·É²¹¾±³¾²¹¾±±è¾±²Ô²µ³Ù²¹¾±³¾²¹¾±»å²¹´Ç¡£³æ³Ü±ð³æ¾±²¹´Ç²ú³Ü±ç¾±²¹²Ô²µ³ú³ó¾±³Ù´Ç²Ô²µ²â¾±»å¾±²Ô²µ²µ´Ç³Ü£¬³æ¾±²¹²Ô²µ»å³Ü¾±³ú¾±²â´Ç³Ü»å±ð²µ´Ç³Ü³¾²¹¾±´Ú²¹²Ô²µ²õ³ó¾±³ó±ð±è³Ü²ú¾±²¹²Ô²õ³ó¾±³ó³Ü¾±»å±ðÂá¾±²¹²µ±ð²µ±ð²Ô²µ°ù´Ç²Ô²µ²â¾±±ô¾±²Ô²µ³æ³Ü±ð²õ³ó±ð²Ô²µ³ó±ðÂá¾±²¹³¦³ó²¹²Ô²µÂá¾±±ð²õ³ó´Ç³Ü¡£±ô²¹´Ç»å²¹²â±ð³Ù¾±²Ô²µ±ô¾±²¹´Ç³ú³ó±ð³ó³Ü²¹£¬²â±ð±è¾±²Ô±è¾±²Ô»å¾±²¹²Ô³Ù´Ç³Ü£¬³Ù²¹Âá³Ü±ð»å±ð³ú¾±Âá¾±²õ³ó¾±²µ²¹¾±³ú³ó²¹´Ç²µ±ð±ô²¹´Ç²ú²¹²Ô±ô¾±²¹´Ç£¬²â³Ü²õ³ó¾±²Ô±ð£¬Âá¾±±ð³æ¾±²¹±ô²¹¾±Âá¾±³Ü±ô²¹¾±»å²¹´Ç±ô¾±²¹´Ç³æ¾±²¹²Ô²µ±ç¾±²Ô³ó³Ü²¹²ÔÂá¾±±ð£¬³æ¾±²¹²Ô²µ±ô¾±²¹´Ç²õ²¹²Ô²õ¾±²µ±ð£¬Âá¾±²¹²Ô±ô¾±²¹´Ç·É³Ü±ô¾±³Ü³ó³Ü¾±£¬³ó²¹´Ç»å²¹²â±ð³ú³Ü¾±³ú³ó´Ç²Ô²µ³æ³Ü²¹²Ô³ú±ð³ó±ð²â¾±·É±ð¾±³Ù³Ü¾±³æ¾±³Ü»å±ð±ô¾±³Ü²õ³ó¾±³ó³Ü¾±Âá¾±³ú²¹¾±²â¾±°ì³Ü²¹¾±»å²¹³ó³Ü´Ç±ô¾±²¹´Ç¡£
µÚ(¶Ù¾±)¶þ(·¡°ù)Õ¾(´Ü³ó²¹²Ô)£¬ÎÒ(°Â´Ç)ºÍ(±á±ð)ÀÏ(³¢²¹´Ç)°é(µþ²¹²Ô)×Ô(´Ü¾±)¼Ý(´³¾±²¹)È¥(²Ï³Ü)ÁË(³¢¾±²¹´Ç)Ìì(°Õ¾±²¹²Ô)½ò(´³¾±²Ô)£¬³µ(°ä³ó±ð)³Ì(°ä³ó±ð²Ô²µ)²»(µþ³Ü)µ½(¶Ù²¹´Ç)ËÄ(³§¾±)С(³Ý¾±²¹´Ç)ʱ(³§³ó¾±)£¬ÐÐ(³Ý¾±²Ô²µ)Ê»(³§³ó¾±)ÁË(³¢¾±²¹´Ç)300¹«(³Ò´Ç²Ô²µ)Àï(³¢¾±)£¬¹ý(³Ò³Ü´Ç)·(³¢³Ü)·Ñ(¹ó±ð¾±)»¨(±á³Ü²¹)ÁË(³¢¾±²¹´Ç)120¶à(¶Ù³Ü´Ç)¡£ÔÚ(´Ü²¹¾±)Ìì(°Õ¾±²¹²Ô)½ò(´³¾±²Ô)ס(´Ü³ó³Ü)ÁË(³¢¾±²¹´Ç)ËÄ(³§¾±)Íí(°Â²¹²Ô)£¬Ã¿(²Ñ±ð¾±)Íí(°Â²¹²Ô)±ö(µþ¾±²Ô)¹Ý(³Ò³Ü²¹²Ô)150Ôª(³Û³Ü²¹²Ô)£¬Ëä(³§³Ü¾±)È»(¸é²¹²Ô)²»(µþ³Ü)º¬(±á²¹²Ô)²Í(°ä²¹²Ô)£¬µ«(¶Ù²¹²Ô)ÃÀ(²Ñ±ð¾±)ʳ(³§³ó¾±)±é(µþ¾±²¹²Ô)µØ(¶Ù¾±)¡£ÎÒ(°Â´Ç)ÃÇ(²Ñ±ð²Ô)¹ä(³Ò³Ü²¹²Ô²µ)ÁË(³¢¾±²¹´Ç)±õ(µþ¾±²Ô)½(´³¾±²¹²Ô²µ)µÀ(¶Ù²¹´Ç)£¬Æ·(±Ê¾±²Ô)³¢(°ä³ó²¹²Ô²µ)ÁË(³¢¾±²¹´Ç)¸÷(³Ò±ð)ÖÖ(´Ü³ó´Ç²Ô²µ)Ìì(°Õ¾±²¹²Ô)½ò(´³¾±²Ô)ÌØ(°Õ±ð)É«(³§±ð)С(³Ý¾±²¹´Ç)³Ô(°ä³ó¾±)£¬»¹(±á³Ü²¹²Ô)ÌØ(°Õ±ð)µØ(¶Ù¾±)È¥(²Ï³Ü)ÁË(³¢¾±²¹´Ç)Ìì(°Õ¾±²¹²Ô)½ò(´³¾±²Ô)Ö®(´Ü³ó¾±)ÑÛ(³Û²¹²Ô)ÐÀ(³Ý¾±²Ô)ÉÍ(³§³ó²¹²Ô²µ)ÃÀ(²Ñ±ð¾±)¾°(´³¾±²Ô²µ)¡£½Ó(´³¾±±ð)×Å(´Ü³ó³Ü´Ç)£¬ÎÒ(°Â´Ç)ÃÇ(²Ñ±ð²Ô)Âþ(²Ñ²¹²Ô)²½(µþ³Ü)ÔÚ(´Ü²¹¾±)Òâ(³Û¾±)´ó(¶Ù²¹)Àû(³¢¾±)·ç(¹ó±ð²Ô²µ)Çé(²Ï¾±²Ô²µ)½Ö(´³¾±±ð)£¬¸Ð(³Ò²¹²Ô)ÊÜ(³§³ó´Ç³Ü)Òì(³Û¾±)¹ú(³Ò³Ü´Ç)·ç(¹ó±ð²Ô²µ)Çé(²Ï¾±²Ô²µ)£¬ÓÖ(³Û´Ç³Ü)²Î(°ä²¹²Ô)¹Û(³Ò³Ü²¹²Ô)ÁË(³¢¾±²¹´Ç)ÕÅ(´Ü³ó²¹²Ô²µ)ѧ(³Ý³Ü±ð)Á¼(³¢¾±²¹²Ô²µ)¹Ê(³Ò³Ü)¾Ó(´³³Ü)ºÍ(±á±ð)¶À(¶Ù³Ü)ÌØ(°Õ±ð)µÄ(¶Ù±ð)´É(°ä¾±)·¿(¹ó²¹²Ô²µ)×Ó(´Ü¾±)¡£Õâ(´Ü³ó±ð)´Î(°ä¾±)Ìì(°Õ¾±²¹²Ô)½ò(´³¾±²Ô)Ö®(´Ü³ó¾±)ÐÐ(³Ý¾±²Ô²µ)Íæ(°Â²¹²Ô)µÃ(¶Ù±ð)ºÜ(±á±ð²Ô)¾¡(´³¾±²Ô)ÐË(³Ý¾±²Ô²µ)£¬×Ü(´Ü´Ç²Ô²µ)¹²(³Ò´Ç²Ô²µ)»¨(±á³Ü²¹)·Ñ(¹ó±ð¾±)ÁË(³¢¾±²¹´Ç)Ô¼(³Û³Ü±ð)1500Ôª(³Û³Ü²¹²Ô)£¬°ü(µþ²¹´Ç)À¨(°³Ü´Ç)¹ý(³Ò³Ü´Ç)·(³¢³Ü)·Ñ(¹ó±ð¾±)¡¢ÓÍ(³Û´Ç³Ü)·Ñ(¹ó±ð¾±)¡¢×¡(´Ü³ó³Ü)ËÞ(³§³Ü)·Ñ(¹ó±ð¾±)¡¢ÃÅ(²Ñ±ð²Ô)Ʊ(±Ê¾±²¹´Ç)ºÍ(±á±ð)²Í(°ä²¹²Ô)Òû(³Û¾±²Ô)£¬¸Ð(³Ò²¹²Ô)¾õ(´³³Ü±ð)·Ç(¹ó±ð¾±)³£(°ä³ó²¹²Ô²µ)Öµ(´Ü³ó¾±)µÃ(¶Ù±ð)£¡
¶øÇÒÏÂÈü¼¾ÔÚ¶«Å·×éºÏÉí±ß´òÇò£¬ÌÀÉñ´ó¸ÅÂÊ»á±ÈÔÚÓÂÊ¿µÃµ½¸ü¶àÓÅÖʵijöÊֿռ䣬¼õÉÙ״̬Æð·ü¡£Ò»Î»½«Ó¢Î°´ï¹ÉƱÆÀ¼¶´Ó¡°³ÖÓС±Éϵ÷ÖÁ¡°ÂòÈ롱µÄ·ÖÎöʦÊÇStifelµÄ³±¾¡¤ÂÞÒÁ¡£ÔÚÖÜÈýµÄÒ»·Ý±¨¸æÖУ¬ËûÖ¸³ö£¬¹«Ë¾ÐèÇóµÄ¿É¼ûÐÔÒѾÀ©´ó£¬ÕâÓ¦¸Ã»á¼õÉÙ²»È·¶¨ÐÔ¡£...¤Ê½ÓÎǤȥ»¥Ã¥¯¥¹ Ã÷Àï¤Ä¤à¤®(ÖÐÎÄ×ÖÄ»)-ÃûÈË°Ù¿ÆÍø
Ñô²úÍÁÂ¥²»½öÊÇ»ÕÅɽ¨ÖþµÄ´ú±í¸üÊÇÖйú´«Í³ÎÄ»¯µÄËõÓ°ÔÚÕâÀïÄã¿ÉÒÔ¸ÐÊܵ½ÀúÊ·µÄºñÖØÌåÑéµ½Ïç´åµÄÄþ¾²¸ü¿ÉÒÔÔÚÕâÀïÕÒµ½Ò»Öֻعé×ÔÈ»¡¢·µè±¹éÕæµÄÉú»î·½Ê½
ÉùÃ÷£º¸ÃÎĹ۵ã½ö´ú±í×÷Õß±¾ÈË£¬ËѺüºÅϵÐÅÏ¢·¢²¼Æ½Ì¨£¬ËѺü½öÌṩÐÅÏ¢´æ´¢¿Õ¼ä·þÎñ¡£