{"id":49846,"date":"2026-06-25T11:50:56","date_gmt":"2026-06-25T11:50:56","guid":{"rendered":"https:\/\/www.vtmarkets.com\/jp-asia\/uncategorized\/49846\/"},"modified":"2026-06-25T11:50:56","modified_gmt":"2026-06-25T11:50:56","slug":"%e4%b8%ad%e5%9b%bd%e6%a0%aa%e4%b8%8b%e8%90%bd%e3%82%82%e3%80%81%e6%a9%9f%e9%96%a2%e6%8a%95%e8%b3%87%e5%ae%b6%e3%81%ae%e8%b3%87%e9%87%91%e6%b5%81%e5%85%a5%e3%81%af%e5%a0%85%e8%aa%bf%e3%80%80%e5%89%b2","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/jp-asia\/live-updates\/49846\/","title":{"rendered":"\u4e2d\u56fd\u682a\u4e0b\u843d\u3082\u3001\u6a5f\u95a2\u6295\u8cc7\u5bb6\u306e\u8cc7\u91d1\u6d41\u5165\u306f\u5805\u8abf\u3000\u5272\u5b89\u306a\u30d0\u30ea\u30e5\u30a8\u30fc\u30b7\u30e7\u30f3\u3068\u653f\u7b56\u652f\u63f4\u304c\u8cb7\u3044\u624b\u3092\u547c\u3073\u8fbc\u3080"},"content":{"rendered":"

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\u3053\u306e\u58f2\u308a\u5c40\u9762\u306f\u3001\u4e2d\u56fd\u95a2\u9023\u306e\u4e3b\u8981\u4e0a\u5834\u6295\u8cc7\u4fe1\u8a17\uff08ETF\uff09\u306e\u5024\u52d5\u304d\u60aa\u5316\u3068\u3082\u91cd\u306a\u3063\u3066\u3044\u308b\u3002\u3053\u308c\u3089\u306f\u5e74\u521d\u6765\u9ad8\u5024\u304b\u308920\uff05\u8fd1\u304f\u4e0b\u843d\u3057\u3001200\u65e5\u79fb\u52d5\u5e73\u5747\u308212\uff05\u8d85\u4e0b\u56de\u3063\u3066\u3044\u308b\u3002200\u65e5\u7dda\u304b\u3089\u306e\u5927\u5e45\u306a\u4e56\u96e2\u306f\u3001\u3057\u3070\u3057\u3070\u58f2\u3089\u308c\u904e\u304e\u5c40\u9762\u3068\u95a2\u9023\u3065\u3051\u3089\u308c\u308b\u6c34\u6e96\u3060\u3002\u30d0\u30ea\u30e5\u30a8\u30fc\u30b7\u30e7\u30f3\u306f\u76f8\u5bfe\u7684\u306b\u4f4e\u4f4d\u306b\u3068\u3069\u307e\u308a\u3001\u4e0a\u6d77\u8a3c\u5238\u53d6\u5f15\u6240\u306e\u4e88\u60f3PER\u3067\u306f\u306a\u304f\u5b9f\u7e3ePER\uff08\u904e\u53bb12\u30ab\u6708\u30d9\u30fc\u30b9\uff09\u306f17.6\u500d\u3001\u9999\u6e2f\u4e2d\u56fd\u4f01\u696d\u6307\u6570\uff08HSCEI\uff09\u306f11.3\u500d\u3068\u306a\u3063\u3066\u3044\u308b\u3002\u5272\u5b89\u306a\u8a55\u4fa1\u3001\u8f38\u51fa\u30c7\u30fc\u30bf\u306e\u6301\u3061\u76f4\u3057\u3001\u8ffd\u52a0\u306e\u653f\u7b56\u652f\u63f4\u89b3\u6e2c\u306b\u652f\u3048\u3089\u308c\u3001\u30af\u30ed\u30b9\u30dc\u30fc\u30c0\u30fc\u3067\u306e\u8cc7\u7523\u914d\u5206\u306f\u5897\u52e2\u3092\u7dad\u6301\u3057\u3066\u3044\u308b\u3002<\/p>\n

Institutional Buying Patterns and Market Dynamics<\/h3>\n

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\u3053\u3046\u3057\u305f\u62bc\u3057\u76ee\u8cb7\u3044\u5fd7\u5411\u306f\u3001\u65b0\u305f\u306a\u653f\u7b56\u30b7\u30b0\u30ca\u30eb\u3068\u5e95\u5805\u3044\u7d4c\u6e08\u7d71\u8a08\u306b\u652f\u3048\u3089\u308c\u3066\u3044\u308b\u3002\u4e2d\u56fd\u4eba\u6c11\u9280\u884c\uff08PBOC\uff09\u304c\u4eca\u6708\u521d\u3081\u306b1\u5e74\u7269\u30ed\u30fc\u30f3\u30d7\u30e9\u30a4\u30e0\u30ec\u30fc\u30c8\uff08LPR\uff09\u309215bp\u5f15\u304d\u4e0b\u3052\u305f\u3053\u3068\u306f\u3001\u653f\u5e9c\u652f\u63f4\u3078\u306e\u671f\u5f85\u3092\u6539\u3081\u3066\u5f37\u3081\u305f\u3002\u3055\u3089\u306b\u3001\u4e2d\u56fd\u7a0e\u95a2\u7dcf\u7f72\u306f2026\u5e745\u6708\u306e\u8f38\u51fa\u304c\u524d\u5e74\u6bd45.8\uff05\u5897\u3068\u767a\u8868\u3057\u3066\u304a\u308a\u3001\u3053\u306e\u8cc7\u91d1\u3092\u547c\u3073\u8fbc\u3080\u666f\u6c17\u306e\u7c98\u308a\u5f37\u3055\u3092\u88cf\u4ed8\u3051\u3066\u3044\u308b\u3002<\/p>\n

\u30d0\u30ea\u30e5\u30a8\u30fc\u30b7\u30e7\u30f3\u9762\u3067\u3082\u8aac\u5f97\u529b\u304c\u3042\u308b\u3002HSCEI\u306fPER11.5\u500d\u3068\u4f4e\u6c34\u6e96\u3067\u63a8\u79fb\u3057\u3066\u3044\u308b\u3002\u3053\u308c\u306f\u3001S&P500\u306e\u5b9f\u7e3ePER\u304c\u8db3\u5143\u306728\u500d\u3092\u4e0a\u56de\u308b\u7c73\u56fd\u5e02\u5834\u306a\u3069\u3068\u6bd4\u3079\u3001\u5927\u5e45\u306a\u30c7\u30a3\u30b9\u30ab\u30a6\u30f3\u30c8\u3060\u3002\u4e2d\u56fd\u682a\u306e\u4e0b\u843d\u306f\u3001\u30d5\u30a1\u30f3\u30c0\u30e1\u30f3\u30bf\u30eb\u30ba\u306e\u60aa\u5316\u5ea6\u5408\u3044\u306b\u6bd4\u3057\u3066\u904e\u5927\u306b\u898b\u3048\u3001\u30a8\u30f3\u30c8\u30ea\u30fc\u30dd\u30a4\u30f3\u30c8\u3068\u3057\u3066\u306e\u9b45\u529b\u304c\u9ad8\u307e\u3063\u3066\u3044\u308b\u3002<\/p>\n

Derivatives Market Implications and Opportunities<\/h3>\n

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\u3057\u305f\u304c\u3063\u3066\u3001\u4eca\u5f8c\u6570\u9031\u9593\u306f\u3001FXI\u306a\u3069\u4e3b\u8981ETF\u3067\u30ad\u30e3\u30c3\u30b7\u30e5\u30fb\u30bb\u30ad\u30e5\u30a2\u30fc\u30c9\u30fb\u30d7\u30c3\u30c8\uff08\u73fe\u91d1\u62c5\u4fdd\u4ed8\u304d\u30d7\u30c3\u30c8\u58f2\u308a\uff09\u3084\u30d6\u30eb\u30fb\u30d7\u30c3\u30c8\u30fb\u30b9\u30d7\u30ec\u30c3\u30c9\u306e\u69cb\u7bc9\u304c\u6709\u52b9\u306a\u6226\u7565\u3068\u306a\u308a\u5f97\u308b\u3002\u3053\u306e\u624b\u6cd5\u306f\u3001\u30d7\u30ec\u30df\u30a2\u30e0\u3092\u7372\u5f97\u3057\u3064\u3064\u3001\u73fe\u5728\u306e\u58f2\u3089\u308c\u904e\u304e\u6c34\u6e96\u3088\u308a\u3082\u3055\u3089\u306b\u4f4e\u3044\u6c34\u6e96\u3067\u5f37\u6c17\u30dd\u30b8\u30b7\u30e7\u30f3\u3092\u69cb\u7bc9\u3067\u304d\u308b\u3002\u6b74\u53f2\u7684\u306b\u3001\u6a5f\u95a2\u6295\u8cc7\u5bb6\u30d5\u30ed\u30fc\u3068\u500b\u4eba\u6295\u8cc7\u5bb6\u30bb\u30f3\u30c1\u30e1\u30f3\u30c8\u306e\u4e56\u96e2\u304c\u62e1\u5927\u3057\u305f\u5c40\u9762\u306f\u3001\u5e02\u5834\u8ee2\u63db\u306e\u524d\u5146\u3068\u306a\u308b\u3053\u3068\u304c\u5c11\u306a\u304f\u306a\u3044\u3002<\/p>\n\n\n\n

\u4eca\u3059\u3050\u53d6\u5f15\u3092\u59cb\u3081\u307e\u3057\u3087\u3046 \u2014 VT Markets\u306e\u30ea\u30a2\u30eb\u53e3\u5ea7\u3092\u958b\u8a2d\u3059\u308b\u306b\u306f\u3053\u3061\u3089<\/a>\u3092\u30af\u30ea\u30c3\u30af\u3057\u3066\u304f\u3060\u3055\u3044\u3002<\/b>\n\n<\/p>","protected":false},"excerpt":{"rendered":"

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