div{width:1200px;margin:0 auto;text-align:left;}
·½Õý¸»°î»ù½ð¹ÜÀíÓÐÏÞ¹«Ë¾
·½Õý¸»°îÖÐÖ¤»¦¸ÛÉîÈ˹¤ÖÇÄÜ50½»Ò×
ÐÍ¿ª·ÅʽָÊý֤ȯͶ×Ê»ù½ð
ÕÐļ˵Ã÷Êé
»ù½ð¹ÜÀíÈË£º·½Õý¸»°î»ù½ð¹ÜÀíÓÐÏÞ¹«Ë¾
»ù½ðÍйÜÈË£ºÖйú¹¤ÉÌÒøÐйɷÝÓÐÏÞ¹«Ë¾
¶þ©–¶þÒ»ÄêÆßÔÂ
¡¾ÖØÒªÌáʾ¡¿
±¾»ù½ð¾Öйú֤ȯ¼à¶½¹ÜÀíίԱ»á2021Äê4ÔÂ27ÈÕÖ¤¼àÐí¿É¡¾2021¡¿1524
ºÅÎÄ×¢²áļ¼¯¡£
»ù½ð¹ÜÀíÈ˱£Ö¤±¾ÕÐļ˵Ã÷ÊéµÄÄÚÈÝÕæʵ¡¢×¼È·¡¢ÍêÕû¡£±¾ÕÐļ˵Ã÷Êé¾ÖÐ
¹úÖ¤¼à»á×¢²á£¬µ«ÖйúÖ¤¼à»á¶Ô±¾»ù½ðļ¼¯µÄ×¢²á£¬²¢²»±íÃ÷Æä¶Ô±¾»ù½ðµÄͶ×Ê
¼ÛÖµºÍÊг¡Ç°¾°×ö³öʵÖÊÐÔÅжϻò±£Ö¤£¬Ò²²»±íÃ÷Ͷ×ÊÓÚ±¾»ù½ðûÓзçÏÕ¡£
»ù½ð¹ÜÀíÈËÒÀÕÕ㡾¡Ö°ÊØ¡¢³ÏʵÐÅÓᢽ÷É÷ÇÚÃãµÄÔÔò¹ÜÀíºÍÔËÓûù½ð²Æ²ú£¬
µ«²»±£Ö¤Í¶×ÊÓÚ±¾»ù½ðÒ»¶¨Ó¯Àû£¬Ò²²»±£Ö¤×îµÍÊÕÒæ¡£
±¾»ù½ðµÄ±êµÄÖ¸ÊýΪÖÐÖ¤Ö¸ÊýÓÐÏÞ¹«Ë¾±àÖƲ¢·¢²¼µÄÖÐÖ¤»¦¸ÛÉîÈ˹¤ÖÇÄÜ
50Ö¸Êý£¬±êµÄÖ¸ÊýÏà¹ØÐÅÏ¢ÈçÏ£º
1¡¢Ö¸ÊýÑù±¾¿Õ¼ä
£¨1£©»¦ÉîÊг¡£ºÍ¬ÖÐ֤ȫָָÊýµÄÑù±¾¿Õ¼ä£¬¼´£º
Ö¸ÊýÑù±¾¿Õ¼äÓÉͬʱÂú×ãÒÔÏÂÌõ¼þµÄ·ÇST¡¢*ST »¦ÉîA¹ÉºÍºì³ïÆóÒµ·¢ÐÐ
µÄ´æÍÐƾ֤×é³É£º
¢Ù ¿Æ´´°å֤ȯ£ºÉÏÊÐʱ¼ä³¬¹ýÒ»Äê¡£
¢Ú ÆäËû֤ȯ£ºÉÏÊÐʱ¼ä³¬¹ýÒ»¸ö¼¾¶È£¬³ý·Ç¸Ã֤ȯ×ÔÉÏÊÐÒÔÀ´ÈÕ¾ù×ÜÊÐÖµ
ÅÅÔÚÇ°30λ¡£
£¨2£©Ïã¸ÛÊг¡£ºÓɸ۹Éͨ·¶Î§ÄÚµÄ֤ȯ×é³ÉµÄÑù±¾¿Õ¼ä¡£
2¡¢Ñ¡Ñù·½·¨
£¨1£©¶ÔÑù±¾¿Õ¼äÄڵĻ¦ÉîÊг¡Ö¤È¯£¬°´ÕÕ¹ýÈ¥Ò»ÄêÈÕ¾ù³É½»½ð¶îÓɸߵ½ÅÅ
Ãû£¬ÌÞ³ýÅÅÃûºó20%µÄ֤ȯ£»¶ÔÑù±¾¿Õ¼äÄÚµÄÏã¸ÛÊг¡Ö¤È¯£¬ÌÞ³ý¹ýÈ¥Ò»ÄêÈÕ¾ù
³É½»½ð¶î²»×ã1000Íò¸ÛÔªµÄ֤ȯ£»
£¨2£©¶ÔÑù±¾¿Õ¼äÄÚ»¦ÉîÊг¡Ö¤È¯£¬ÌÞ³ý¹ÉȨÖÊѺ±ÈÀý×î¸ß5%µÄ֤ȯ£»
£¨3£©ÌÞ³ý¹ýÈ¥ÈýÄêÖ÷ÓªÒµÎñÊÕÈëÔöËÙΪ¸ºµÄ֤ȯ£»
£¨4£©¶ÔÑù±¾¿Õ¼äÄÚÊ£Óà֤ȯ£¬Ñ¡È¡Éæ¼°ÒÔÏÂÈ˹¤ÖÇÄÜÏà¹ØÒµÎñµÄÉÏÊй«Ë¾
֤ȯ×÷Ϊ´ýÑ¡Ñù±¾£º
? ΪÈ˹¤ÖÇÄÜÌṩ»ù´¡×ÊÔ´£º×¨ÓüÆËãоƬ¡¢¸ßÐÔÄܼÆËã»úµÈÉ豸£»
? ΪÈ˹¤ÖÇÄܼ¼Êõ·¢Õ¹Ìṩ¼¼ÊõÖ§³Ö£ºÔƼÆËã¡¢´óÊý¾Ý¡¢»úÆ÷ÊÓ¾õ¡¢ÓïÒô
ÓïÒåʶ±ðµÈ¼¼Êõ»ò·þÎñ£»
? È˹¤ÖÇÄÜÓ¦ÓÃÁìÓò£ºÖÇÄÜ°²·À¡¢ÖÇÄܽ»Í¨¡¢ÖÇÄܼҾӡ¢ÖÇÄÜÒ½ÁÆ¡¢ÖÇÄÜ
´©´÷µÈÁìÓò£»
£¨5£©ÔÚÉÏÊö´ýÑ¡Ñù±¾ÖУ¬°´ÏÂÁй«Ê½¼ÆËãÿֻ֤ȯµÄ×ۺϵ÷ֲ¢Óɸߵ½µÍ
ÅÅÃû£¬Ñ¡È¡ÅÅÃûÇ° 50 µÄ֤ȯ×÷ΪָÊýÑù±¾£¨Rank ±íʾ¸ÃÖ¸±êµÄÉýÐò°Ù·Ö
±ÈÅÅÃû£©£º
×ÛºÏµÃ·Ö = Rank(R&?) ? 40% + Rank(Growth) ? 30% + Rank(MV) ? 30%
ÆäÖУº
? R&D = ¹ýÈ¥Á½Ä깫˾×ÜÑз¢Í¶Èë/¹ýÄêÁ½Ä깫˾×ÜÓªÒµÊÕÈ룻
? Growth = ¹ýÈ¥ÈýÄ깫˾Ö÷ÓªÊÕÈëÔö³¤ÂÊ£»
? MV = ¹ýÈ¥Ò»Äê֤ȯÈÕ¾ù×ÜÊÐÖµ£»
3¡¢Ö¸Êý¼ÆËã
ÖÐÖ¤»¦¸ÛÉîÈ˹¤ÖÇÄÜ50 Ö¸Êý¼ÆË㹫ʽΪ£º
±¨¸æÆÚÖ¸Êý=±¨¸æÆÚÑù±¾¹ÉµÄµ÷ÕûÊÐÖµ/³ýÊý¡Á1000
ÆäÖУ¬µ÷ÕûÊÐÖµ£½¡Æ(¹É¼Û¡Áµ÷Õû¹É±¾Êý¡ÁȨÖØÒò×Ó¡Á»ãÂÊ)¡£»ãÂÊ¡¢µ÷Õû¹É
±¾ÊýµÄ¼ÆËã·½·¨¡¢³ýÊýÐÞÕý·½·¨²Î¼û¼ÆËãÓëά»¤Ï¸Ôò¡£È¨ÖØÒò×Ó½éÓÚ0ºÍ1Ö®
¼ä£¬ÒÔʹָÊýÑù±¾¹É²ÉÓÃ×ۺϵ÷ֵ÷ÕûºóµÄ×ÔÓÉÁ÷ͨÊÐÖµ¼ÓȨ£¬Í¬Ê±µ¥¸öÑù±¾¹É
ȨÖز»³¬¹ý10%£¬ÇÒÇ°Îå´óÑù±¾¹ÉȨÖغϼƲ»³¬¹ý40%¡£
4¡¢ÓйرêµÄÖ¸Êý¾ßÌå±àÖÆ·½°¸¼°³É·Ý¹ÉÐÅÏ¢Ïê¼ûÖÐÖ¤Ö¸ÊýÓÐÏÞ¹«Ë¾ÍøÕ¾£¬
ÍøÖ·£ºwww.csindex.com.cn¡£
±¾»ù½ðͶ×ÊÓÚ֤ȯÊг¡£¬»ù½ð¾»Öµ»áÒòΪ֤ȯÊг¡²¨¶¯µÈÒòËزúÉú²¨¶¯£¬Í¶
×ÊÈËÔÚͶ×ʱ¾»ù½ðÇ°£¬Ðè³ä·ÖÁ˽Ȿ»ù½ðµÄ²úÆ·ÌØÐÔ£¬³ä·Ö¿¼ÂÇ×ÔÉíµÄ·çÏÕ³ÐÊÜ
ÄÜÁ¦£¬ÀíÐÔÅжÏÊг¡£¬¶ÔͶ×ʱ¾»ù½ðµÄÒâÔ¸¡¢Ê±»ú¡¢ÊýÁ¿µÈͶ×ÊÐÐΪ×÷³ö¶ÀÁ¢¾ö
²ß£¬²¢³Ðµ£»ù½ðͶ×ÊÖгöÏֵĸ÷Àà·çÏÕ£¬°üÀ¨µ«²»ÏÞÓÚ£ºÒòÕûÌåÕþÖΡ¢¾¼Ã¡¢Éç
»áµÈ»·¾³ÒòËضÔ֤ȯ¼Û¸ñ²úÉúÓ°Ïì¶øÐγɵÄϵͳÐÔ·çÏÕ£¬¸ö±ð֤ȯÌØÓеķÇϵͳ
ÐÔ·çÏÕ£¬»ù½ð¹ÜÀíÈËÔÚ»ù½ð¹ÜÀíʵʩ¹ý³ÌÖвúÉúµÄ»ù½ð¹ÜÀí·çÏÕ¡£
ͬʱÓÉÓÚ±¾»ù½ðÊǸú×ÙÖÐÖ¤»¦¸ÛÉîÈ˹¤ÖÇÄÜ50Ö¸ÊýµÄ½»Ò×ÐÍ¿ª·Åʽ»ù½ð£¬
Ìض¨·çÏÕ»¹°üÀ¨£º±êµÄÖ¸Êý»Ø±¨Óë¹ÉƱÊг¡Æ½¾ù»Ø±¨Æ«ÀëµÄ·çÏÕ¡¢±êµÄÖ¸Êý²¨¶¯
µÄ·çÏÕ¡¢»ù½ðͶ×Ê×éºÏ»Ø±¨Óë±êµÄÖ¸Êý»Ø±¨Æ«ÀëµÄ·çÏÕ¡¢±êµÄÖ¸Êý±ä¸üµÄ·çÏÕ¡¢
»ù½ð·Ý¶î¶þ¼¶Êг¡½»Ò×¼Û¸ñÕÛÒç¼ÛµÄ·çÏÕ¡¢»ù½ð·Ý¶î²Î¿¼¾»Öµ£¨IOPV£©¼ÆËã´íÎó
µÄ·çÏÕ¡¢Í¶×ÊÈËÉ깺ʧ°ÜµÄ·çÏÕ¡¢Í¶×ÊÈËÊê»Øʧ°ÜµÄ·çÏÕ¡¢»ù½ðÊê»Ø¶Ô¼ÛµÄ±äÏÖ
·çÏÕ¡¢Í˲¹ÏÖ½ðÌæ´ú·½Ê½µÄ·çÏÕ¡¢ÍËÊзçÏÕ¡¢µÚÈý·½»ú¹¹·þÎñµÄ·çÏÕ¡¢×ʲúÖ§³Ö
֤ȯµÄͶ×Ê·çÏÕ¡¢¹ÉÖ¸ÆÚ»õ¡¢¹úÕ®ÆÚ»õºÍ¹ÉƱÆÚȨµÈ½ðÈÚÑÜÉúƷͶ×Ê·çÏÕ¡¢ÈÚ×Ê
¼°×ªÈÚͨҵÎñµÄ·çÏյȡ£
±¾»ù½ð¿ÉͶ×ÊÓڸ۹ɣ¬»áÃæÁÙ¸Û¹Éͨ»úÖÆÏÂÒòͶ×Ê»·¾³¡¢Í¶×ʱêµÄ¡¢Êг¡ÖÆ
¶ÈÒÔ¼°½»Ò×¹æÔòµÈ²îÒì´øÀ´µÄÌØÓзçÏÕ£¬°üÀ¨¸Û¹ÉÊг¡¹É¼Û²¨¶¯½Ï´óµÄ·çÏÕ£¨¸Û
¹ÉÊг¡ÊµÐÐT+0 »Øת½»Ò×£¬ÇÒ¶Ô¸ö¹É²»ÉèÕǵø·ùÏÞÖÆ£¬¸Û¹É¹É¼Û¿ÉÄܱíÏÖ³ö±È
A ¹É¸üΪ¾çÁҵĹɼ۲¨¶¯£©¡¢»ãÂÊ·çÏÕ£¨»ãÂʲ¨¶¯¿ÉÄܶԻù½ðµÄͶ×ÊÊÕÒæÔì³ÉËð
ʧ£©¡¢¸Û¹Éͨ»úÖÆϽ»Ò×ÈÕ²»Á¬¹á¿ÉÄÜ´øÀ´µÄ·çÏÕ£¨ÔÚÄڵؿªÊÐÏã¸ÛÐÝÊеÄÇéÐÎ
Ï£¬¸Û¹Éͨ²»ÄÜÕý³£½»Ò×£¬¸Û¹É²»Äܼ°Ê±Âô³ö£¬¿ÉÄÜ´øÀ´Ò»¶¨µÄÁ÷¶¯ÐÔ·çÏÕ£©µÈ¡£
±¾»ù½ðÊôÓÚ¹ÉƱÐÍ»ù½ð£¬Ô¤ÆÚ·çÏÕÓëÔ¤ÆÚÊÕÒæ¸ßÓÚ»ìºÏÐÍ»ù½ð¡¢Õ®È¯ÐÍ»ù½ð
Óë»õ±ÒÊг¡»ù½ð¡£±¾»ù½ðÖ÷ҪͶ×ÊÓÚ±êµÄÖ¸Êý³É·Ý¹É¼°±¸Ñ¡³É·Ý¹É£¬¾ßÓÐÓë±êµÄ
Ö¸Êý¡¢ÒÔ¼°±êµÄÖ¸ÊýËù´ú±íµÄ¹ÉƱÊг¡ÏàËƵķçÏÕÊÕÒæÌØÕ÷¡£
±¾»ù½ðΪ½»Ò×ÐÍ¿ª·ÅʽָÊý֤ȯͶ×Ê»ù½ð£¨ETF£©£¬½«ÔÚÉϺ£Ö¤È¯½»Ò×ËùÉÏ
ÊС£ÓÉÓÚ±¾»ù½ðµÄ±êµÄÖ¸Êý×éºÏ֤ȯ°üº¬¾³ÄÚ֤ȯ½»Ò×Ëù¡¢Ïã¸ÛÁªºÏ½»Ò×Ëù֤ȯ£¬
»ù½ð·Ý¶îµÄÇåËã½»ÊÕÓë¾³ÄÚÆÕͨETF´æÔÚÒ»¶¨²îÒìͶ×ÊÕßÈϹº±¾»ù½ðʱÐè¾ßÓÐ
ÉîÛÚ»òÉϺ£Ö¤È¯ÕË»§£¬µ«Ðè×¢Ò⣬ʹÓûù½ðÕË»§Ö»ÄܲÎÓë±¾»ù½ðµÄÏÖ½ðÈϹººÍ¶þ
¼¶Êг¡½»Ò×£¬ÈçͶ×ÊÕßÐèÒª²ÎÓë»ù½ðµÄ×éºÏ֤ȯÈϹº¡¢É깺¡¢Êê»Ø£¬ÔòӦʹÓÃA
¹ÉÕË»§¡£±¾»ù½ðÒÔÈËÃñ±Òļ¼¯ºÍ¼Æ¼Û£¬±¾»ù½ð¿Éͨ¹ý¸Û¹ÉͨͶ×ÊÓÚÏã¸ÛÊг¡ÒÔ¸Û
±Ò¼Æ¼ÛµÄ½ðÈÚ¹¤¾ß£¬ÈËÃñ±Ò¶Ô¸Û±ÒµÄ»ãÂʵIJ¨¶¯¿ÉÄܼӴó»ù½ð¾»ÖµµÄ²¨¶¯£¬´Ó¶ø
¶Ô»ù½ðÒµ¼¨²úÉúÒ»¶¨Ó°Ïì¡£
Ͷ×ÊÓзçÏÕ£¬Í¶×ÊÈËÔÚ½øÐÐͶ×ʾö²ßÇ°£¬Çë×ÐϸÔĶÁ±¾»ù½ðµÄ¡¶ÕÐļ˵Ã÷Êé¡·¡¢
¡¶»ù½ðºÏͬ¡·¡¢¡¶»ù½ð²úÆ·×ÊÁϸÅÒª¡·µÈÐÅÏ¢Åû¶Îļþ£¬Á˽â»ù½ðµÄ·çÏÕÊÕÒæÌØÕ÷£¬
²¢¸ù¾Ý×ÔÉíµÄͶ×ÊÄ¿µÄ¡¢Í¶×ÊÆÚÏÞ¡¢Í¶×ʾÑé¡¢×ʲú×´¿öµÈÅжϱ¾»ù½ðÊÇ·ñºÍ×Ô
ÉíµÄ·çÏÕ³ÐÊÜÄÜÁ¦ÏàÊÊÓ¦£¬×ÔÖ÷Åжϻù½ðµÄͶ×ʼÛÖµ£¬×ÔÖ÷×ö³öͶ×ʾö²ß£¬×ÔÐÐ
³Ðµ£Í¶×Ê·çÏÕ¡£
»ù½ðµÄ¹ýÍùÒµ¼¨²¢²»´ú±íÆäδÀ´±íÏÖ¡£»ù½ð¹ÜÀíÈ˹ÜÀíµÄÆäËû»ù½ðµÄÒµ¼¨²»
¹¹³Éлù½ðÒµ¼¨±íÏֵı£Ö¤¡£
»ù½ð¹ÜÀíÈËÌáÐÑͶ×ÊÕß»ù½ðͶ×ʵġ°ÂòÕß×Ô¸º¡±ÔÔò£¬ÔÚͶ×ÊÕß×÷³öͶ×ʾö
²ßºó£¬»ù½ðÔËӪ״¿öÓë»ù½ð¾»Öµ±ä»¯ÒýÖµÄͶ×Ê·çÏÕ£¬ÓÉͶ×ÊÕß×ÔÐиºÔð¡£
Ŀ ¼
µÚÒ»²¿·Ö Ð÷ÑÔ .............................................................................................................................. 1
µÚ¶þ²¿·Ö ÊÍÒå .............................................................................................................................. 2
µÚÈý²¿·Ö »ù½ð¹ÜÀíÈË................................................................................................................... 8
µÚËIJ¿·Ö »ù½ðÍйÜÈË................................................................................................................. 19
µÚÎ岿·Ö Ïà¹Ø·þÎñ»ú¹¹............................................................................................................. 25
µÚÁù²¿·Ö »ù½ðµÄļ¼¯................................................................................................................. 27
µÚÆß²¿·Ö »ù½ðºÏͬµÄÉúЧ......................................................................................................... 35
µÚ°Ë²¿·Ö »ù½ð·Ý¶îÕÛËãÓë±ä¸üµÇ¼Ç ......................................................................................... 37
µÚ¾Å²¿·Ö »ù½ð·Ý¶îµÄÉÏÊн»Ò×................................................................................................. 38
µÚÊ®²¿·Ö »ù½ð·Ý¶îµÄÉ깺ÓëÊê»Ø ............................................................................................. 41
µÚʮһ²¿·Ö »ù½ðµÄͶ×Ê............................................................................................................. 58
µÚÊ®¶þ²¿·Ö »ù½ðµÄ²Æ²ú............................................................................................................. 67
µÚÊ®Èý²¿·Ö »ù½ð×ʲú¹ÀÖµ......................................................................................................... 68
µÚÊ®ËIJ¿·Ö »ù½ðµÄÊÕÒæÓë·ÖÅä................................................................................................. 74
µÚÊ®Î岿·Ö »ù½ð·ÑÓÃÓëË°ÊÕ..................................................................................................... 76
µÚÊ®Áù²¿·Ö »ù½ðµÄ»á¼ÆÓëÉó¼Æ................................................................................................. 79
µÚÊ®Æß²¿·Ö »ù½ðµÄÐÅÏ¢Åû¶..................................................................................................... 80
µÚÊ®°Ë²¿·Ö ·çÏÕ½Òʾ................................................................................................................. 88
µÚÊ®¾Å²¿·Ö »ù½ðºÏͬµÄ±ä¸ü¡¢ÖÕÖ¹Óë»ù½ð²Æ²úµÄÇåËã ......................................................... 97
µÚ¶þÊ®²¿·Ö »ù½ðºÏͬµÄÄÚÈÝÕªÒª ............................................................................................. 99
µÚ¶þʮһ²¿·Ö ÍйÜÐÒéµÄÄÚÈÝÕªÒª ....................................................................................... 116
µÚ¶þÊ®¶þ²¿·Ö ¶Ô»ù½ð·Ý¶î³ÖÓÐÈ˵ķþÎñ ............................................................................... 136
µÚ¶þÊ®Èý²¿·Ö ÆäËûÓ¦Åû¶ÊÂÏî............................................................................................... 138
µÚ¶þÊ®ËIJ¿·Ö ÕÐļ˵Ã÷ÊéµÄ´æ·Å¼°²éÔÄ·½Ê½ ....................................................................... 139
µÚ¶þÊ®Î岿·Ö ±¸²éÎļþ........................................................................................................... 140
µÚÒ»²¿·Ö Ð÷ÑÔ
¡¶·½Õý¸»°îÖÐÖ¤»¦¸ÛÉîÈ˹¤ÖÇÄÜ50½»Ò×ÐÍ¿ª·ÅʽָÊý֤ȯͶ×Ê»ù½ðÕÐļ˵
Ã÷Êé¡·£¨ÒÔϼò³Æ¡°±¾ÕÐļ˵Ã÷Ê顱£©ÒÀ¾Ý¡¶ÖлªÈËÃñ¹²ºÍ¹ú֤ȯͶ×Ê»ù½ð·¨¡·£¨ÒÔ
ϼò³Æ¡°¡¶»ù½ð·¨¡·¡±£©¡¢¡¶¹«¿ªÄ¼¼¯Ö¤È¯Í¶×Ê»ù½ðÔË×÷¹ÜÀí°ì·¨¡·£¨ÒÔϼò³Æ¡°¡¶ÔË
×÷°ì·¨¡·¡±£©¡¢¡¶¹«¿ªÄ¼¼¯Ö¤È¯Í¶×Ê»ù½ðÏúÊÛ»ú¹¹¼à¶½¹ÜÀí°ì·¨¡·£¨ÒÔϼò³Æ¡°¡¶ÏúÊÛ
°ì·¨¡·¡±£©¡¢¡¶¹«¿ªÄ¼¼¯Ö¤È¯Í¶×Ê»ù½ðÐÅÏ¢Åû¶¹ÜÀí°ì·¨¡·£¨ÒÔϼò³Æ¡°¡¶ÐÅÏ¢Åû¶°ì
·¨¡·¡±£©¡¢¡¶¹«¿ªÄ¼¼¯¿ª·Åʽ֤ȯͶ×Ê»ù½ðÁ÷¶¯ÐÔ·çÏÕ¹ÜÀí¹æ¶¨¡·£¨ÒÔϼò³Æ¡°¡¶Á÷¶¯
ÐÔ·çÏÕ¹ÜÀí¹æ¶¨¡·¡±£©¡¢¡¶¹«¿ªÄ¼¼¯Ö¤È¯Í¶×Ê»ù½ðÔË×÷Ö¸ÒýµÚ3ºÅ¡ª¡ªÖ¸Êý»ù½ðÖ¸
Òý¡·£¨ÒÔϼò³Æ¡°¡¶Ö¸Êý»ù½ðÖ¸Òý¡·¡±£©ÒÔ¼°¡¶·½Õý¸»°îÖÐÖ¤»¦¸ÛÉîÈ˹¤ÖÇÄÜ50½»
Ò×ÐÍ¿ª·ÅʽָÊý֤ȯͶ×Ê»ù½ð»ù½ðºÏͬ¡·£¨ÒÔϼò³Æ¡°»ù½ðºÏͬ¡±»ò¡°¡¶»ù½ðºÏͬ¡·¡±£©
±àд¡£»ù½ð¹ÜÀíÈ˳Ðŵ±¾ÕÐļ˵Ã÷Êé²»´æÔÚÈκÎÐé¼Ù¼ÇÔØ¡¢Îóµ¼ÐÔ³ÂÊö»òÕßÖØ´ó
ÒÅ©£¬²¢¶ÔÆäÕæʵÐÔ¡¢×¼È·ÐÔ¡¢ÍêÕûÐԳе£·¨ÂÉÔðÈΡ£
±¾»ù½ðÊǸù¾Ý±¾ÕÐļ˵Ã÷ÊéËùÔØÃ÷µÄ×ÊÁÏÉêÇëļ¼¯µÄ¡£±¾»ù½ð¹ÜÀíÈËûÓÐί
ÍлòÊÚȨÈκÎÆäËûÈËÌṩδÔÚ±¾ÕÐļ˵Ã÷ÊéÖÐÔØÃ÷µÄÐÅÏ¢£¬»ò¶Ô±¾ÕÐļ˵Ã÷Êé×÷
ÈκνâÊÍ»òÕß˵Ã÷¡£
±¾ÕÐļ˵Ã÷Êé¸ù¾Ý±¾»ù½ðµÄ»ù½ðºÏͬ±àд£¬²¢¾ÖйúÖ¤¼à»á×¢²á¡£»ù½ðºÏͬ
ÊÇÔ¼¶¨»ù½ðµ±ÊÂÈËÖ®¼äȨÀû¡¢ÒåÎñµÄ·¨ÂÉÎļþ¡£»ù½ðͶ×ÊÈËÒÀ¾Ý»ù½ðºÏͬȡµÃ»ù
½ð·Ý¶î£¬¼´³ÉΪ»ù½ð·Ý¶î³ÖÓÐÈ˺ͱ¾»ù½ð»ù½ðºÏͬµÄµ±ÊÂÈË£¬Æä³ÖÓлù½ð·Ý¶îµÄ
ÐÐΪ±¾Éí¼´±íÃ÷Æä¶Ô»ù½ðºÏͬµÄ³ÐÈϺͽÓÊÜ£¬²¢°´ÕÕ¡¶»ù½ð·¨¡·¡¢»ù½ðºÏͬ¼°Æä
ËûÓйع涨ÏíÓÐȨÀû¡¢³Ðµ£ÒåÎñ¡£»ù½ðͶ×ÊÈËÓûÁ˽â»ù½ð·Ý¶î³ÖÓÐÈ˵ÄȨÀûºÍÒå
Îñ£¬Ó¦Ïêϸ²éÔÄ»ù½ðºÏͬ¡£
µÚ¶þ²¿·Ö ÊÍÒå
ÔÚ±¾ÕÐļ˵Ã÷ÊéÖУ¬³ý·ÇÎÄÒâÁíÓÐËùÖ¸£¬ÏÂÁдÊÓï»ò¼ò³Æ¾ßÓÐÈçϺ¬Ò壺
1¡¢»ù½ð»ò±¾»ù½ð£ºÖ¸·½Õý¸»°îÖÐÖ¤»¦¸ÛÉîÈ˹¤ÖÇÄÜ50½»Ò×ÐÍ¿ª·ÅʽָÊýÖ¤
ȯͶ×Ê»ù½ð
2¡¢»ù½ð¹ÜÀíÈË£ºÖ¸·½Õý¸»°î»ù½ð¹ÜÀíÓÐÏÞ¹«Ë¾
3¡¢»ù½ðÍйÜÈË£ºÖ¸Öйú¹¤ÉÌÒøÐйɷÝÓÐÏÞ¹«Ë¾
4¡¢»ù½ðºÏͬ£ºÖ¸¡¶·½Õý¸»°îÖÐÖ¤»¦¸ÛÉîÈ˹¤ÖÇÄÜ50½»Ò×ÐÍ¿ª·ÅʽָÊý֤ȯ
Ͷ×Ê»ù½ð»ù½ðºÏͬ¡·¼°¶Ô»ù½ðºÏͬµÄÈκÎÓÐЧÐÞ¶©ºÍ²¹³ä
5¡¢ÍйÜÐÒ飺ָ»ù½ð¹ÜÀíÈËÓë»ù½ðÍйÜÈ˾ͱ¾»ù½ðÇ©¶©Ö®¡¶·½Õý¸»°îÖÐÖ¤
»¦¸ÛÉîÈ˹¤ÖÇÄÜ50½»Ò×ÐÍ¿ª·ÅʽָÊý֤ȯͶ×Ê»ù½ðÍйÜÐÒé¡·¼°¶Ô¸ÃÍйÜÐÒé
µÄÈκÎÓÐЧÐÞ¶©ºÍ²¹³ä
6¡¢ÕÐļ˵Ã÷Êé»ò±¾ÕÐļ˵Ã÷Ê飺ָ¡¶·½Õý¸»°îÖÐÖ¤»¦¸ÛÉîÈ˹¤ÖÇÄÜ50½»Ò×
ÐÍ¿ª·ÅʽָÊý֤ȯͶ×Ê»ù½ðÕÐļ˵Ã÷Êé¡·¼°Æä¸üÐÂ
7¡¢»ù½ð²úÆ·×ÊÁϸÅÒª£ºÖ¸¡¶·½Õý¸»°îÖÐÖ¤»¦¸ÛÉîÈ˹¤ÖÇÄÜ50½»Ò×ÐÍ¿ª·Åʽ
Ö¸Êý֤ȯͶ×Ê»ù½ð»ù½ð²úÆ·×ÊÁϸÅÒª¡·¼°Æä¸üУ¨»ù½ðºÏͬ¹ØÓÚ»ù½ð²úÆ·×ÊÁϸÅ
ÒªµÄ±àÖÆ¡¢Åû¶¼°¸üеÈÄÚÈÝ£¬½«²»ÍíÓÚ2020Äê9ÔÂ1ÈÕÆðÖ´ÐУ©
8¡¢»ù½ð·Ý¶î·¢ÊÛ¹«¸æ£ºÖ¸¡¶·½Õý¸»°îÖÐÖ¤»¦¸ÛÉîÈ˹¤ÖÇÄÜ50½»Ò×ÐÍ¿ª·Åʽ
Ö¸Êý֤ȯͶ×Ê»ù½ð»ù½ð·Ý¶î·¢ÊÛ¹«¸æ¡·
9¡¢ÉÏÊн»Ò×¹«¸æÊ飺ָ¡¶·½Õý¸»°îÖÐÖ¤»¦¸ÛÉîÈ˹¤ÖÇÄÜ50½»Ò×ÐÍ¿ª·Åʽָ
Êý֤ȯͶ×Ê»ù½ðÉÏÊн»Ò×¹«¸æÊé¡·
10¡¢·¨ÂÉ·¨¹æ£ºÖ¸ÖйúÏÖÐÐÓÐЧ²¢¹«²¼ÊµÊ©µÄ·¨ÂÉ¡¢ÐÐÕþ·¨¹æ¡¢¹æ·¶ÐÔÎļþ¡¢
˾·¨½âÊÍ¡¢ÐÐÕþ¹æÕÂÒÔ¼°ÆäËû¶Ô»ù½ðºÏͬµ±ÊÂÈËÓÐÔ¼ÊøÁ¦µÄ¾ö¶¨¡¢¾öÒ顢֪ͨµÈ
11¡¢¡¶»ù½ð·¨¡·£ºÖ¸2003Äê10ÔÂ28ÈÕ¾µÚÊ®½ìÈ«¹úÈËÃñ´ú±í´ó»á³£ÎñίԱ
»áµÚÎå´Î»áÒéͨ¹ý£¬¾2012Äê12ÔÂ28ÈÕµÚʮһ½ìÈ«¹úÈËÃñ´ú±í´ó»á³£ÎñίԱ
»áµÚÈýÊ®´Î»áÒéÐÞ¶©£¬×Ô2013Äê6ÔÂ1ÈÕÆðʵʩ£¬²¢¾2015Äê4ÔÂ24ÈÕµÚÊ®
¶þ½ìÈ«¹úÈËÃñ´ú±í´ó»á³£ÎñίԱ»áµÚÊ®ËĴλáÒ顶ȫ¹úÈËÃñ´ú±í´ó»á³£ÎñίԱ»á
¹ØÓÚÐ޸ĵÈÆß²¿·¨Âɵľö¶¨¡·ÐÞÕýµÄ¡¶ÖлªÈËÃñ¹²ºÍ¹ú
֤ȯͶ×Ê»ù½ð·¨¡·¼°°ä²¼»ú¹Ø¶ÔÆ䲻ʱ×ö³öµÄÐÞ¶©
12¡¢¡¶ÏúÊÛ°ì·¨¡·£ºÖ¸ÖйúÖ¤¼à»á2020Äê8ÔÂ28ÈÕ°ä²¼¡¢Í¬Äê10ÔÂ1ÈÕʵ
Ê©µÄ¡¶¹«¿ªÄ¼¼¯Ö¤È¯Í¶×Ê»ù½ðÏúÊÛ»ú¹¹¼à¶½¹ÜÀí°ì·¨¡·¼°°ä²¼»ú¹Ø¶ÔÆ䲻ʱ×ö³ö
µÄÐÞ¶©
13¡¢¡¶ÐÅÏ¢Åû¶°ì·¨¡·£ºÖ¸ÖйúÖ¤¼à»á2019Äê7ÔÂ26ÈÕ°ä²¼¡¢Í¬Äê9ÔÂ1ÈÕ
ʵʩµÄ¡¶¹«¿ªÄ¼¼¯Ö¤È¯Í¶×Ê»ù½ðÐÅÏ¢Åû¶¹ÜÀí°ì·¨¡·¼°°ä²¼»ú¹Ø¶ÔÆ䲻ʱ×ö³öµÄ
ÐÞ¶©
14¡¢¡¶ÔË×÷°ì·¨¡·£ºÖ¸ÖйúÖ¤¼à»á2014Äê7ÔÂ7ÈÕ°ä²¼¡¢Í¬Äê8ÔÂ8ÈÕʵʩ
µÄ¡¶¹«¿ªÄ¼¼¯Ö¤È¯Í¶×Ê»ù½ðÔË×÷¹ÜÀí°ì·¨¡·¼°°ä²¼»ú¹Ø¶ÔÆ䲻ʱ×ö³öµÄÐÞ¶©
15¡¢¡¶Á÷¶¯ÐÔ·çÏÕ¹ÜÀí¹æ¶¨¡·£ºÖ¸ÖйúÖ¤¼à»á2017Äê8ÔÂ31ÈÕ°ä²¼¡¢Í¬Äê10
ÔÂ1ÈÕʵʩµÄ¡¶¹«¿ªÄ¼¼¯¿ª·Åʽ֤ȯͶ×Ê»ù½ðÁ÷¶¯ÐÔ·çÏÕ¹ÜÀí¹æ¶¨¡·¼°°ä²¼»ú¹Ø
¶ÔÆ䲻ʱ×ö³öµÄÐÞ¶©
16¡¢½»Ò×ÐÍ¿ª·ÅʽָÊý֤ȯͶ×Ê»ù½ð¡¢ETF£ºÖ¸¡¶ÉϺ£Ö¤È¯½»Ò×Ëù½»Ò×ÐÍ¿ª
·ÅʽָÊý»ù½ðÒµÎñʵʩϸÔò¡·¶¨ÒåµÄ¡°½»Ò×ÐÍ¿ª·ÅʽָÊý»ù½ð¡±
17¡¢ETFÁª½Ó»ù½ð¡¢Áª½Ó»ù½ð£ºÖ¸½«¾ø´ó¶àÊý»ù½ð²Æ²úͶ×ÊÓÚ±¾»ù½ð£¬Óë±¾
»ù½ðµÄͶ×ÊÄ¿±êÀàËÆ£¬²ÉÓÿª·ÅʽÔË×÷·½Ê½µÄ»ù½ð
18¡¢¡¶Ö¸Êý»ù½ðÖ¸Òý¡·£ºÖ¸ÖйúÖ¤¼à»á2021Äê1ÔÂ22ÈÕ°ä²¼¡¢Í¬Äê2ÔÂ1ÈÕ
ʵʩµÄ¡¶¹«¿ªÄ¼¼¯Ö¤È¯Í¶×Ê»ù½ðÔË×÷Ö¸ÒýµÚ3ºÅ¡ª¡ªÖ¸Êý»ù½ðÖ¸Òý¡·¼°°ä²¼»ú¹Ø
¶ÔÆ䲻ʱ×ö³öµÄÐÞ¶©
19¡¢ÖйúÖ¤¼à»á£ºÖ¸Öйú֤ȯ¼à¶½¹ÜÀíίԱ»á
20¡¢ÒøÐÐÒµ¼à¶½¹ÜÀí»ú¹¹£ºÖ¸ÖйúÈËÃñÒøÐкÍ/»òÖйúÒøÐб£Ïռල¹ÜÀíί
Ô±»á
21¡¢»ù½ðºÏͬµ±ÊÂÈË£ºÖ¸ÊÜ»ù½ðºÏͬԼÊø£¬¸ù¾Ý»ù½ðºÏͬÏíÓÐȨÀû²¢³Ðµ£Òå
ÎñµÄ·¨ÂÉÖ÷Ì壬°üÀ¨»ù½ð¹ÜÀíÈË¡¢»ù½ðÍйÜÈ˺ͻù½ð·Ý¶î³ÖÓÐÈË
22¡¢¸öÈËͶ×ÊÕߣºÖ¸ÒÀ¾ÝÓйط¨ÂÉ·¨¹æ¹æ¶¨¿ÉͶ×ÊÓÚ֤ȯͶ×Ê»ù½ðµÄ×ÔÈ»ÈË
23¡¢»ú¹¹Í¶×ÊÕߣºÖ¸ÒÀ·¨¿ÉÒÔͶ×Ê֤ȯͶ×Ê»ù½ðµÄ¡¢ÔÚÖлªÈËÃñ¹²ºÍ¹ú¾³ÄÚ
ºÏ·¨µÇ¼Ç²¢´æÐø»ò¾ÓйØÕþ¸®²¿ÃÅÅú×¼ÉèÁ¢²¢´æÐøµÄÆóÒµ·¨ÈË¡¢ÊÂÒµ·¨ÈË¡¢Éç»á
ÍÅÌå»òÆäËû×éÖ¯
24¡¢ºÏ¸ñ¾³Íâ»ú¹¹Í¶×ÊÕߣºÖ¸·ûºÏ¡¶ºÏ¸ñ¾³Íâ»ú¹¹Í¶×ÊÕß¾³ÄÚ֤ȯͶ×ʹÜÀí
°ì·¨¡·¼°Ïà¹Ø·¨ÂÉ·¨¹æ¹æ¶¨¿ÉÒÔͶ×ÊÓÚÔÚÖйú¾³ÄÚÒÀ·¨Ä¼¼¯µÄ֤ȯͶ×Ê»ù½ðµÄÖÐ
¹ú¾³ÍâµÄ»ú¹¹Í¶×ÊÕß
25¡¢ÈËÃñ±ÒºÏ¸ñ¾³Íâ»ú¹¹Í¶×ÊÕߣºÖ¸°´ÕÕ¡¶ÈËÃñ±ÒºÏ¸ñ¾³Íâ»ú¹¹Í¶×ÊÕß¾³ÄÚ
֤ȯͶ×ÊÊÔµã°ì·¨¡·¼°Ïà¹Ø·¨ÂÉ·¨¹æ¹æ¶¨£¬ÔËÓÃÀ´×Ô¾³ÍâµÄÈËÃñ±Ò×ʽð½øÐо³ÄÚ
֤ȯͶ×ʵľ³Íâ·¨ÈË
26¡¢Í¶×ÊÈË¡¢Í¶×ÊÕߣºÖ¸¸öÈËͶ×ÊÕß¡¢»ú¹¹Í¶×ÊÕß¡¢ºÏ¸ñ¾³Íâ»ú¹¹Í¶×ÊÕߺÍ
ÈËÃñ±ÒºÏ¸ñ¾³Íâ»ú¹¹Í¶×ÊÕßÒÔ¼°·¨ÂÉ·¨¹æ»òÖйúÖ¤¼à»áÔÊÐí¹ºÂò֤ȯͶ×Ê»ù½ð
µÄÆäËûͶ×ÊÈ˵ĺϳÆ
27¡¢»ù½ð·Ý¶î³ÖÓÐÈË£ºÖ¸ÒÀ»ù½ðºÏͬºÍÕÐļ˵Ã÷ÊéºÏ·¨È¡µÃ»ù½ð·Ý¶îµÄͶ×Ê
ÈË
28¡¢»ù½ðÏúÊÛÒµÎñ£ºÖ¸»ù½ð¹ÜÀíÈË»òÏúÊÛ»ú¹¹Ðû´«Íƽé»ù½ð£¬·¢ÊÛ»ù½ð·Ý¶î£¬
°ìÀí»ù½ð·Ý¶îµÄÉ깺¡¢Êê»ØµÈÒµÎñ
29¡¢ÏúÊÛ»ú¹¹£ºÖ¸·½Õý¸»°î»ù½ð¹ÜÀíÓÐÏÞ¹«Ë¾ÒÔ¼°·ûºÏ¡¶ÏúÊÛ°ì·¨¡·ºÍÖйú
Ö¤¼à»á¹æ¶¨µÄÆäËûÌõ¼þ£¬È¡µÃ»ù½ðÏúÊÛÒµÎñ×ʸñ²¢Óë»ù½ð¹ÜÀíÈËÇ©¶©ÁË»ù½ðÏúÊÛ
·þÎñÐÒ飬°ìÀí»ù½ðÏúÊÛÒµÎñµÄ»ú¹¹
30¡¢·¢ÊÛ´úÀí»ú¹¹£ºÖ¸·ûºÏ¡¶ÏúÊÛ°ì·¨¡·ºÍÖйúÖ¤¼à»á¹æ¶¨µÄÆäËûÌõ¼þ£¬ÓÉ
»ù½ð¹ÜÀíÈËÖ¸¶¨µÄ¡¢ÔÚļ¼¯ÆÚ¼ä´úÀí±¾»ù½ð·¢ÊÛÒµÎñµÄ»ú¹¹
31¡¢É깺Êê»Ø´úÀíȯÉÌ£ºÖ¸·ûºÏ¡¶ÏúÊÛ°ì·¨¡·ºÍÖйúÖ¤¼à»á¹æ¶¨µÄÆäËûÌõ¼þ£¬
ÓÉ»ù½ð¹ÜÀíÈËÖ¸¶¨µÄ°ìÀí±¾»ù½ðÉ깺¡¢Êê»ØÒµÎñµÄ֤ȯ¹«Ë¾
32¡¢µÇ¼ÇÒµÎñ£ºÖ¸»ù½ðµÇ¼Ç¡¢´æ¹Ü¡¢¹ý»§¡¢ÇåËãºÍ½áËãÒµÎñ£¬¾ßÌåÄÚÈÝ°üÀ¨
Ͷ×ÊÈË»ù½ðÕË»§µÄ½¨Á¢ºÍ¹ÜÀí¡¢»ù½ð·Ý¶îµÇ¼Ç¡¢»ù½ðÏúÊÛÒµÎñµÄÈ·ÈÏ¡¢ÇåËãºÍ½á
Ëã¡¢´úÀí·¢·ÅºìÀû¡¢½¨Á¢²¢±£¹Ü»ù½ð·Ý¶î³ÖÓÐÈËÃû²áºÍ°ìÀí·Ç½»Ò×¹ý»§µÈ
33¡¢µÇ¼Ç»ú¹¹£ºÖ¸°ìÀíµÇ¼ÇÒµÎñµÄ»ú¹¹¡£±¾»ù½ðµÄµÇ¼Ç»ú¹¹ÎªÖйú֤ȯµÇ¼Ç
½áËãÓÐÏÞÔðÈι«Ë¾
34¡¢»ù½ðºÏͬÉúЧÈÕ£ºÖ¸»ù½ðļ¼¯´ïµ½·¨ÂÉ·¨¹æ¹æ¶¨¼°»ù½ðºÏͬ¹æ¶¨µÄÌõ¼þ£¬
»ù½ð¹ÜÀíÈËÏòÖйúÖ¤¼à»á°ìÀí»ù½ð±¸°¸ÊÖÐøÍê±Ï£¬²¢»ñµÃÖйúÖ¤¼à»áÊéÃæÈ·ÈϵÄ
ÈÕÆÚ
35¡¢»ù½ðºÏͬÖÕÖ¹ÈÕ£ºÖ¸»ù½ðºÏͬ¹æ¶¨µÄ»ù½ðºÏͬÖÕÖ¹ÊÂÓɳöÏֺ󣬻ù½ð²Æ
²úÇåËãÍê±Ï£¬ÇåËã½á¹û±¨ÖйúÖ¤¼à»á±¸°¸²¢ÓèÒÔ¹«¸æµÄÈÕÆÚ
36¡¢»ù½ðļ¼¯ÆÚ£ºÖ¸×Ô»ù½ð·Ý¶î·¢ÊÛÖ®ÈÕÆðÖÁ·¢ÊÛ½áÊøÖ®ÈÕÖ¹µÄÆڼ䣬×
²»µÃ³¬¹ý3¸öÔÂ
37¡¢´æÐøÆÚ£ºÖ¸»ù½ðºÏͬÉúЧÖÁÖÕÖ¹Ö®¼äµÄ²»¶¨ÆÚÆÚÏÞ
38¡¢¹¤×÷ÈÕ£ºÖ¸ÉϺ£Ö¤È¯½»Ò×Ëù¡¢ÉîÛÚ֤ȯ½»Ò×ËùµÄÕý³£½»Ò×ÈÕ
39¡¢TÈÕ£ºÖ¸ÏúÊÛ»ú¹¹Ôڹ涨ʱ¼äÊÜÀíͶ×ÊÈËÉ깺¡¢Êê»Ø»òÆäËûÒµÎñÉêÇëµÄ
¿ª·ÅÈÕ
40¡¢T+nÈÕ£ºÖ¸×ÔTÈÕÆðµÚn¸ö¹¤×÷ÈÕ£¨²»°üº¬TÈÕ£©
41¡¢¿ª·ÅÈÕ£ºÖ¸ÎªÍ¶×ÊÈË°ìÀí»ù½ð·Ý¶îÉ깺¡¢Êê»Ø»òÆäËûÒµÎñµÄ¹¤×÷ÈÕ£¨Èô
¸Ã¹¤×÷ÈÕΪ·Ç¸Û¹Éͨ½»Ò×ÈÕ£¬Ôò±¾»ù½ð²»¿ª·Å£©
42¡¢¿ª·Åʱ¼ä£ºÖ¸¿ª·ÅÈÕ»ù½ð½ÓÊÜÉ깺¡¢Êê»Ø»òÆäËû½»Ò×µÄʱ¼ä¶Î
43¡¢¡¶ÒµÎñ¹æÔò¡·£ºÖ¸ÉϺ£Ö¤È¯½»Ò×Ëù·¢²¼ÊµÊ©µÄ¡¶ÉϺ£Ö¤È¯½»Ò×Ëù½»Ò×ÐÍ¿ª
·ÅʽָÊý»ù½ðÒµÎñʵʩϸÔò¡·¡¢Öйú֤ȯµÇ¼Ç½áËãÓÐÏÞÔðÈι«Ë¾·¢²¼ÊµÊ©µÄ¡¶ÖÐ
¹ú֤ȯµÇ¼Ç½áËãÓÐÏÞÔðÈι«Ë¾¹ØÓÚ½»Ò×Ëù½»Ò×ÐÍ¿ª·Åʽ֤ȯͶ×Ê»ù½ðµÇ¼Ç½áËã
ÒµÎñʵʩϸÔò¡·¼°»ù½ð¹ÜÀíÈË¡¢Öйú֤ȯµÇ¼Ç½áËãÓÐÏÞÔðÈι«Ë¾¡¢ÉϺ£Ö¤È¯½»Ò×
Ëù·¢²¼µÄÆäËûÏà¹Ø¹æÔò¡¢¹æ¶¨¡¢Í¨Öª¼°Ö¸Äϵȣ¨¼°Æ䲻ʱÐÞ¶©£©
44¡¢ÈϹº£ºÖ¸ÔÚ»ù½ðļ¼¯ÆÚÄÚ£¬Í¶×ÊÈ˸ù¾Ý»ù½ðºÏͬºÍÕÐļ˵Ã÷ÊéµÄ¹æ¶¨Éê
Ç빺Âò»ù½ð·Ý¶îµÄÐÐΪ
45¡¢É깺£ºÖ¸»ù½ðºÏͬÉúЧºó£¬Í¶×ÊÈ˸ù¾Ý»ù½ðºÏͬºÍÕÐļ˵Ã÷ÊéµÄ¹æ¶¨Éê
Ç빺Âò»ù½ð·Ý¶îµÄÐÐΪ
46¡¢Êê»Ø£ºÖ¸»ù½ðºÏͬÉúЧºó£¬»ù½ð·Ý¶î³ÖÓÐÈ˸ù¾Ý»ù½ðºÏͬºÍÕÐļ˵Ã÷Êé
¹æ¶¨µÄÌõ¼þÒªÇ󽫻ù½ð·Ý¶î¶Ò»»Îª»ù½ðºÏͬËù¹æ¶¨¶Ô¼ÛµÄÐÐΪ
47¡¢É깺Êê»ØÇåµ¥£ºÖ¸ÓÉ»ù½ð¹ÜÀíÈ˱àÖƵÄÓÃÒÔ¹«¸æÉ깺¶Ô¼Û¡¢Êê»Ø¶Ô¼ÛµÈ
ÐÅÏ¢µÄÎļþ
48¡¢É깺¶Ô¼Û£ºÖ¸Í¶×ÊÈËÉ깺»ù½ð·Ý¶îʱ£¬°´»ù½ðºÏͬºÍÕÐļ˵Ã÷Êé¹æ¶¨Ó¦
½»¸¶µÄ×éºÏ֤ȯ¡¢ÏÖ½ðÌæ´ú¡¢ÏÖ½ð²î¶îºÍ/»òÆäËû¶Ô¼Û
49¡¢Êê»Ø¶Ô¼Û£ºÖ¸Í¶×ÊÈËÊê»Ø»ù½ð·Ý¶îʱ£¬»ù½ð¹ÜÀíÈË°´»ù½ðºÏͬºÍÕÐļ˵
Ã÷Êé¹æ¶¨Ó¦½»¸¶¸øÊê»ØÈ˵Ä×éºÏ֤ȯ¡¢ÏÖ½ðÌæ´ú¡¢ÏÖ½ð²î¶îºÍ/»òÆäËû¶Ô¼Û
50¡¢×éºÏ֤ȯ£ºÖ¸±¾»ù½ð±êµÄÖ¸ÊýËù°üº¬µÄÈ«²¿»ò²¿·Ö֤ȯ
51¡¢±êµÄÖ¸Êý£º±¾»ù½ðµÄ±êµÄÖ¸ÊýΪÖÐÖ¤Ö¸ÊýÓÐÏÞ¹«Ë¾±àÖƲ¢·¢²¼µÄÖÐÖ¤»¦
¸ÛÉîÈ˹¤ÖÇÄÜ50Ö¸Êý¼°ÆäδÀ´¿ÉÄÜ·¢ÉúµÄ±ä¸ü
52¡¢×îСÉ깺Êê»Øµ¥Î»£ºÖ¸±¾»ù½ðÉ깺·Ý¶î¡¢Êê»Ø·Ý¶îµÄ×îµÍÊýÁ¿£¬Í¶×ÊÈË
É깺¡¢Êê»ØµÄ»ù½ð·Ý¶îÊýӦΪ×îСÉ깺¡¢Êê»Øµ¥Î»µÄÕûÊý±¶
53¡¢ÏÖ½ðÌæ´ú£ºÖ¸É깺¡¢Êê»Ø¹ý³ÌÖУ¬Í¶×ÊÈË°´»ù½ðºÏͬºÍÕÐļ˵Ã÷ÊéµÄ¹æ
¶¨£¬ÓÃÓÚÌæ´ú×éºÏ֤ȯÖв¿·Ö֤ȯµÄÒ»¶¨ÊýÁ¿µÄÏÖ½ð
54¡¢ÏÖ½ð²î¶î£ºÖ¸×îСÉ깺¡¢Êê»Øµ¥Î»µÄ×ʲú¾»ÖµÓë°´µ±ÈÕÊÕÅ̼ۼÆËãµÄ×î
СÉ깺¡¢Êê»Øµ¥Î»ÖеÄ×éºÏ֤ȯÊÐÖµºÍÏÖ½ðÌæ´úÖ®²î£»Í¶×ÊÈËÉ깺¡¢Êê»ØʱӦ֧
¸¶»òÓ¦»ñµÃµÄÏÖ½ð²î¶î¸ù¾Ý×îСÉ깺¡¢Êê»Øµ¥Î»¶ÔÓ¦µÄÏÖ½ð²î¶î¡¢É깺»òÊê»ØµÄ
×îСÉ깺¡¢Êê»Øµ¥Î»ÊýÁ¿¼ÆËã
55¡¢»ù½ð·Ý¶î²Î¿¼¾»Öµ£ºÖ¸»ù½ð¹ÜÀíÈË»òÕß»ù½ð¹ÜÀíÈËίÍÐÖÐÖ¤Ö¸ÊýÓÐÏÞ¹«
˾¸ù¾ÝÉ깺Êê»ØÇåµ¥ºÍ×éºÏ֤ȯÄÚ¸÷ֻ֤ȯµÄʵʱ³É½»Êý¾Ý¼ÆËã²¢ÓÉÉϺ£Ö¤È¯
½»Ò×ËùÔÚ½»Ò×ʱ¼äÄÚ·¢²¼µÄ»ù½ð·Ý¶î²Î¿¼¾»Öµ£¬¼ò³ÆIOPV
56¡¢Ô¤¹ÀÏֽ𲿷֣ºÖ¸ÓÉ»ù½ð¹ÜÀíÈ˼ÆËã²¢ÔÚTÈÕÉ깺Êê»ØÇåµ¥Öй«²¼µÄµ±
ÈÕÏÖ½ð²î¶îµÄÔ¤¹ÀÖµ£¬Ô¤¹ÀÏֽ𲿷ÖÓÉÉ깺Êê»Ø´úÀíȯÉÌÔ¤Ïȶ³½á
57¡¢»ù½ð·Ý¶îÕÛË㣺ָ»ù½ð¹ÜÀíÈ˸ù¾Ý»ù½ðÔË×÷µÄÐèÒª£¬ÔÚ»ù½ð×ʲú¾»Öµ²»
±äµÄÇ°ÌáÏ£¬°´ÕÕÒ»¶¨±ÈÀýµ÷Õû»ù½ð·Ý¶î×ܶ»ù½ð·Ý¶î¾»ÖµµÄÐÐΪ
58¡¢Ôª£ºÖ¸ÈËÃñ±ÒÔª
59¡¢»ù½ðÊÕÒ棺ָ»ù½ðͶ×ÊËùµÃºìÀû¡¢¹ÉÏ¢¡¢Õ®È¯ÀûÏ¢¡¢ÂòÂô֤ȯ¼Û²î¡¢Òø
Ðдæ¿îÀûÏ¢¡¢ÒÑʵÏÖµÄÆäËûºÏ·¨ÊÕÈë¼°ÒòÔËÓûù½ð²Æ²ú´øÀ´µÄ³É±¾ºÍ·ÑÓõĽÚÔ¼
60¡¢»ù½ð×ʲú×ÜÖµ£ºÖ¸»ù½ðÓµÓеĸ÷ÀàÓмÛ֤ȯ¡¢ÒøÐдæ¿î±¾Ï¢¡¢»ù½ðÓ¦ÊÕ
É깺¿î¼°ÆäËû×ʲúµÄ¼ÛÖµ×ܺÍ
61¡¢»ù½ð×ʲú¾»Öµ£ºÖ¸»ù½ð×ʲú×ÜÖµ¼õÈ¥»ù½ð¸ºÕ®ºóµÄ¼ÛÖµ
62¡¢»ù½ð·Ý¶î¾»Öµ£ºÖ¸¼ÆËãÈÕ»ù½ð×ʲú¾»Öµ³ýÒÔ¼ÆËãÈÕ»ù½ð·Ý¶î×ÜÊý
63¡¢»ù½ð×ʲú¹ÀÖµ£ºÖ¸¼ÆËãÆÀ¹À»ù½ð×ʲúºÍ¸ºÕ®µÄ¼ÛÖµ£¬ÒÔÈ·¶¨»ù½ð×ʲú¾»
ÖµºÍ»ù½ð·Ý¶î¾»ÖµµÄ¹ý³Ì
64¡¢Ö¸¶¨Ã½½é£ºÖ¸ÖйúÖ¤¼à»áÖ¸¶¨µÄÓÃÒÔ½øÐÐÐÅÏ¢Åû¶µÄÈ«¹úÐÔ±¨¿¯¼°Ö¸¶¨
»¥ÁªÍøÍøÕ¾£¨°üÀ¨»ù½ð¹ÜÀíÈËÍøÕ¾¡¢»ù½ðÍйÜÈËÍøÕ¾¡¢ÖйúÖ¤¼à»á»ù½ðµç×ÓÅû¶
ÍøÕ¾£©µÈý½é
65¡¢Á÷¶¯ÐÔÊÜÏÞ×ʲú£ºÖ¸ÓÉÓÚ·¨ÂÉ·¨¹æ¡¢¼à¹Ü¡¢ºÏͬ»ò²Ù×÷ÕÏ°µÈÔÒòÎÞ·¨
ÒÔºÏÀí¼Û¸ñÓèÒÔ±äÏÖµÄ×ʲú£¬°üÀ¨µ«²»ÏÞÓÚµ½ÆÚÈÕÔÚ10¸ö½»Ò×ÈÕÒÔÉϵÄÄæ»Ø¹º
ÓëÒøÐж¨ÆÚ´æ¿î£¨º¬ÐÒéÔ¼¶¨ÓÐÌõ¼þÌáǰ֧ȡµÄÒøÐдæ¿î£©¡¢Í£ÅƹÉƱ¡¢Á÷ͨÊÜ
ÏÞµÄйɼ°·Ç¹«¿ª·¢ÐйÉƱ¡¢×ʲúÖ§³Ö֤ȯ¡¢Òò·¢ÐÐÈËÕ®ÎñÎ¥Ô¼ÎÞ·¨½øÐÐתÈûò
½»Ò×µÄծȯµÈ
66¡¢²»¿É¿¹Á¦£ºÖ¸»ù½ðºÏͬµ±ÊÂÈ˲»ÄÜÔ¤¼û¡¢²»ÄܱÜÃâÇÒ²»ÄÜ¿Ë·þµÄ¿Í¹ÛÊÂ
¼þ
67¡¢¸Û¹Éͨ±êµÄ¹ÉƱ£ºÖ¸ÄÚµØͶ×ÊÕßίÍÐÄÚµØ֤ȯ¹«Ë¾£¬¾ÓÉÄÚµØ֤ȯ½»Ò×
ËùÔÚÏã¸ÛÉèÁ¢µÄ֤ȯ½»Ò×·þÎñ¹«Ë¾£¬ÏòÏã¸ÛÁªºÏ½»Ò×Ëù½øÐÐÉ걨£¬ÂòÂô¹æ¶¨·¶Î§
ÄÚµÄÏã¸ÛÁªºÏ½»Ò×ËùÉÏÊеĹÉƱ
68¡¢×ªÈÚ֤ͨȯ³ö½èÒµÎñ£ºÊÇÖ¸±¾»ù½ðÒÔÒ»¶¨µÄ·ÑÂÊͨ¹ý֤ȯ½»Ò×Ëù×ÛºÏÒµ
Îñƽ̨ÏòÖйú֤ȯ½ðÈڹɷÝÓÐÏÞ¹«Ë¾£¨ÒÔϼò³Æ֤ȯ½ðÈÚ¹«Ë¾£©³ö½è֤ȯ£¬Ö¤È¯
½ðÈÚ¹«Ë¾µ½Æڹ黹Ëù½è֤ȯ¼°ÏàӦȨÒæ²¹³¥²¢Ö§¸¶·ÑÓõÄÒµÎñ
µÚÈý²¿·Ö »ù½ð¹ÜÀíÈË
Ò»¡¢»ù½ð¹ÜÀíÈ˸ſö
Ãû³Æ£º·½Õý¸»°î»ù½ð¹ÜÀíÓÐÏÞ¹«Ë¾
סËù£º±±¾©Êг¯ÑôÇø±±ËÄ»·Öз27ºÅÔº5ºÅÂ¥11²ã£¨11£©1101ÄÚ02-11µ¥
Ôª
°ì¹«µØÖ·£º±±¾©Êг¯ÑôÇø±±ËÄ»·Öз27ºÅÔº5ºÅÂ¥11²ã02-11·¿¼ä
ÉèÁ¢ÈÕÆÚ£º2011Äê7ÔÂ8ÈÕ
·¨¶¨´ú±íÈË£ººÎÑǸÕ
ÁªÏµÈË£º½¯½ðÇ¿
µç»°£º010-57303969
×¢²á×ʱ¾£º6.6ÒÚÔª
·½Õý¸»°î»ù½ð¹ÜÀíÓÐÏÞ¹«Ë¾£¨ÒÔϼò³Æ¡°¹«Ë¾¡±£©¾ÖйúÖ¤¼à»áÖ¤¼àÐí¿É
¡²2011¡³1038ºÅÎÄÅú×¼ÉèÁ¢¡£¹«Ë¾¹ÉȨ½á¹¹ÈçÏ£º
¹É¶«Ãû³Æ ¹ÉȨ±ÈÀý
·½Õý֤ȯ¹É·ÝÓÐÏÞ¹«Ë¾ 66.7%
¸»°î֤ȯͶ×ÊÐÅÍйɷÝÓÐÏÞ¹«Ë¾ 33.3%
¶þ¡¢Ö÷ÒªÈËÔ±Çé¿ö
1¡¢»ù½ð¹ÜÀíÈ˶Ê»á³ÉÔ±
ºÎÑǸÕÏÈÉú£¬¶Ê³¤£¬Ë¶Ê¿¡£ÏÖÈη½Õý֤ȯ¹É·ÝÓÐÏÞ¹«Ë¾¶Ê¡¢Ö´ÐÐίԱ»á
Ö÷ÈΡ¢µ³Î¯Î¯Ô±¡¢¶Ê»áÃØÊ飬·½ÕýºÍÉúͶ×ÊÓÐÏÞÔðÈι«Ë¾¶Ê³¤¡¢·¨¶¨´ú±íÈË£¬
·½ÕýÖÐÆÚÆÚ»õÓÐÏÞ¹«Ë¾¶Ê£¬±±¾©·½Õý¸»°î´´ÈÚ×ʲú¹ÜÀíÓÐÏÞ¹«Ë¾¶Ê£¬·½ÕýÖ¤
ȯ£¨Ïã¸Û£©½ðÈڿعÉÓÐÏÞ¹«Ë¾¶Ê£¬ºþÄÏʡ֤ȯҵлá»á³¤£¬ÈðÐÅ·½Õý֤ȯÓÐÏÞ
ÔðÈι«Ë¾¶Ê¡£ÔøÈÎÌ©Ñô֤ȯÓÐÏÞÔðÈι«Ë¾²¿ÃÅ×ܾÀí£¬ÃñÉú֤ȯÓÐÏÞÔðÈι«Ë¾
×ܲÃÖúÀí£¬·½Õý֤ȯÓÐÏÞÔðÈι«Ë¾ÖúÀí×ܲã¬Ì©Ñô֤ȯÓÐÏÞÔðÈι«Ë¾×ܲ㬷½Õý
ÆÚ»õÓÐÏÞ¹«Ë¾¶Ê³¤£¬·½Õý֤ȯÓÐÏÞÔðÈι«Ë¾¸±×ܲ㬷½Õý¸»°î»ù½ð¹ÜÀíÓÐÏÞ¹«
˾¼àÊ¡¢¶Ê£¬·½Õý֤ȯ¹É·ÝÓÐÏÞ¹«Ë¾Ö´ÐÐίԱ»á¸±Ö÷ÈΡ¢×ܲá¢Ê×ϯÔËÓª¹Ù
£¨COO£©£¬´úÐз½Õý֤ȯ¹É·ÝÓÐÏÞ¹«Ë¾¶Ê»áÃØÊé¡£
Ê·¸ÙÏÈÉú£¬¸±¶Ê³¤£¬²©Ê¿¡£ÏÖÈθ»°î֤ȯͶ×ÊÐÅÍйɷÝÓÐÏÞ¹«Ë¾¶Ê³¤£¬
̨Íå֤ȯ½»Ò×Ëù¹É·ÝÓÐÏÞ¹«Ë¾¶Ê£¬±±¾©·½Õý¸»°î´´ÈÚ×ʲú¹ÜÀíÓÐÏÞ¹«Ë¾¶Ê£¬
¸»°î×ʲú¹ÜÀí¹É·ÝÓÐÏÞ¹«Ë¾¶Ê£¬¸»°î»ù½ð¹ÜÀí(Ïã¸Û)ÓÐÏÞ¹«Ë¾¶Ê³¤£¬ÉçÍÅ·¨
ÈËÑÇÌ«¹«Ë½ºÏ»ï½¨Éè(PPP)·¢Õ¹Ð»áÀíÊ£¬¸»°îÂó¸ñÀí»ù´¡ÉèÊ©×ʲú¹ÜÀí¹É·ÝÓÐ
ÏÞ¹«Ë¾¶Ê³¤£¬¸»°î˽ļ¹ÉȨ¹É·ÝÓÐÏÞ¹«Ë¾¶Ê³¤£¬»ù¸»Í¨Ö¤È¯¹É·ÝÓÐÏÞ¹«Ë¾¼à
²ìÈË£¬¸»°îÊýλÒôÀÖ×ʲú¹ÜÀí¹É·ÝÓÐÏÞ¹«Ë¾¶Ê³¤£¬Fubon Digital Music GP
Limited¶Ê¡£ÔøÈÎBridgewater Group(USA)¸±×ܾÀí¡¢Ì¨ÍåÖÐÑë´óѧ½ÌÊÚ£¬Ì¨Íå
¹ú¼Ê֤ȯ¹É·ÝÓÐÏÞ¹«Ë¾¸±×ܾÀí£¬¸»°î×ÛºÏ֤ȯ¹É·ÝÓÐÏÞ¹«Ë¾¸±¶Ê³¤¡¢´úÀí¶
ʳ¤¡¢¹ËÎÊ¡¢¸±×ܾÀí£¬¸»°îÆÚ»õ¹É·ÝÓÐÏÞ¹«Ë¾¶Ê³¤£¬¸»°îÉÌÒµÒøÐйɷÝÓÐÏÞ
¹«Ë¾¶Ê£¬¸»°î¿µºê×ʲú¹ÜÀí£¨Ïã¸Û£©ÓÐÏÞ¹«Ë¾¶Ê³¤£¬¸»°î×ÛºÏ֤ȯ¹É·ÝÓÐÏÞ
¹«Ë¾¶Ê³¤£¬¸»°îÖ¤¹ÉȨͶ×ÊÓÐÏÞ¹«Ë¾¶Ê³¤£¬¸»°îÖ¤´´ÒµÍ¶×ʹɷÝÓÐÏÞ¹«Ë¾¶
ʳ¤£¬¸»°îÃöͶ´´ÒµÍ¶×ʹɷÝÓÐÏÞ¹«Ë¾¶Ê³¤£¬¸»°î֤ȯӢÊôά¾©ÈºµºÓÐÏÞ¹«Ë¾
¶Ê£¬¸»°î֤ȯ£¨Ïã¸Û£©ÓÐÏÞ¹«Ë¾¶Ê³¤£¬¸»°îÆÚ»õ¹É·ÝÓÐÏÞ¹«Ë¾¶Ê¡£
ÀîÃ÷ÖÝÏÈÉú£¬¶Ê£¬Ë¶Ê¿¡£ÏÖÈθ»°î֤ȯͶ×ÊÐÅÍйɷÝÓÐÏÞ¹«Ë¾×ܾÀí¡¢¶
Ê£¬¸»°î¿µºê×ʲú¹ÜÀí(Ïã¸Û)ÓÐÏÞ¹«Ë¾¶Ê³¤£¬¸»°î˽ļ¹ÉȨ¹É·ÝÓÐÏÞ¹«Ë¾¶Ê£¬
±±¾©·½Õý¸»°î´´ÈÚ×ʲú¹ÜÀíÓÐÏÞ¹«Ë¾¶Ê£¬¸»°î»ù½ð¹ÜÀí(Ïã¸Û)ÓÐÏÞ¹«Ë¾¶Ê¡£
ÔøÈÎ×ʳϻá¼ÆʦÊÂÎñËù²éÕËÔ±£¬ÖÐ×âʵҵ¹É·ÝÓÐÏÞ¹«Ë¾»üºËÖ÷ÈÎרԱ£¬ÖÐʵÆó¹Ü
¹ËÎʹɷÝÓÐÏÞ¹«Ë¾ÏåÀí£¬¸»°î×ÛºÏ֤ȯ¹É·ÝÓÐÏÞ¹«Ë¾ÏåÀí¡¢¾Àí¡¢ÐÀí¡¢×ÊÉîÐ
Àí¡¢¸±×ܾÀí£¬¸»°îÆÚ»õ¹É·ÝÓÐÏÞ¹«Ë¾×ܾÀí£¬¸»°î½ðÈڿعɹɷÝÓÐÏÞ¹«Ë¾¸±×Ü
¾Àí£¬Ì¨±±¸»°îÉÌÒµÒøÐйɷÝÓÐÏÞ¹«Ë¾×ÊÉ×ܾÀí£¬»ù¸»Í¨Ö¤È¯¹É·ÝÓÐÏÞ¹«Ë¾
¼à²ìÈË¡£
ÀÇÅÏÈÉú£¬¶Ê£¬ÃÀ¹úÂéÊ¡Àí¹¤Ñ§Ôº¹¤Ñ§Ë¶Ê¿¡£ÏÖÈη½Õý¸»°î»ù½ð¹ÜÀíÓÐ
ÏÞ¹«Ë¾×ܲᢱ±¾©·½Õý¸»°î´´ÈÚ×ʲú¹ÜÀíÓÐÏÞ¹«Ë¾¶Ê³¤¡¢Í¶×ʾö²ßίԱ»áÖ÷ÈΡ¢
¹ú¼ÊͶ×ʲ¿×ܾÀí£¬¼æÈη½Õý¸»°î´´Ð¶¯Á¦»ìºÏÐÍ֤ȯͶ×Ê»ù½ð¡¢·½Õý¸»°î¿Æ¼¼
´´Ð»ìºÏÐÍ֤ȯͶ×Ê»ù½ð»