{"id":46308,"date":"2026-04-30T03:18:03","date_gmt":"2026-04-30T03:18:03","guid":{"rendered":"https:\/\/www.vtmarkets.com\/uncategorized\/46308\/"},"modified":"2026-04-30T03:18:03","modified_gmt":"2026-04-30T03:18:03","slug":"%e6%98%9f%e5%b7%b4%e5%85%8b%e7%9a%84%e8%bd%89%e5%9e%8b%e9%9d%a2%e8%87%a8%e5%88%a9%e6%bd%a4%e7%8e%87%e8%80%83%e9%a9%97","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/zh-ca\/opinion\/46308\/","title":{"rendered":"\u661f\u5df4\u514b\u7684\u8f49\u578b\u9762\u81e8\u5229\u6f64\u7387\u8003\u9a57"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/zh-ca\/wp-content\/uploads\/sites\/32\/2026\/04\/image-2-1024x573.webp\" alt=\"\" class=\"wp-image-49078\"\/><\/figure>\n\n\n\n<p><strong>\u91cd\u9ede\u6574\u7406<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u661f\u5df4\u514b\uff08SBUX\uff09\u80a1\u50f9\u518d\u5ea6\u53d7\u5230\u95dc\u6ce8\uff0c\u56e0\u70ba\u661f\u5df4\u514b\u5728 2026 \u8ca1\u5e74\u7b2c\u4e8c\u5b63\uff08Q2 FY26\uff09\u696d\u7e3e\u512a\u65bc\u5e02\u5834\u9810\u671f\uff0c\u4e26\u4e0a\u8abf\u5168\u5e74\u6307\u5f15\uff08\u516c\u53f8\u5c0d\u672a\u4f86\u71df\u904b\u7684\u9810\u6e2c\uff09\u3002<\/li>\n\n\n\n<li>\u300c\u56de\u5230\u661f\u5df4\u514b\u300d\uff08Back to Starbucks\uff09\u7684\u7ffb\u8eab\u8a08\u756b\u6b63\u5728\u6539\u5584\u4f86\u5ba2\u6578\uff08\u9032\u5e97\u4eba\u6b21\uff09\u3001\u92b7\u552e\u8207\u9867\u5ba2\u4e92\u52d5\uff0c\u7279\u5225\u662f\u5728\u7f8e\u570b\u5e02\u5834\u3002<\/li>\n\n\n\n<li>\u5229\u6f64\u7387\uff08\u6bcf\u8ce3\u51fa\u4e00\u5143\u80fd\u7559\u4e0b\u591a\u5c11\u7372\u5229\uff09\u4ecd\u662f\u4e3b\u8981\u98a8\u96aa\uff1a\u4eba\u529b\u6295\u5165\u3001\u5496\u5561\u539f\u6599\u50f9\u683c\u3001\u95dc\u7a05\u3001\u7522\u54c1\u7d44\u5408\uff08\u8ce3\u7684\u54c1\u9805\u6bd4\u4f8b\u8b8a\u5316\uff09\u90fd\u5728\u58d3\u7e2e\u7372\u5229\u3002<\/li>\n\n\n\n<li>SBUX \u4e0b\u4e00\u6b65\u53d6\u6c7a\u65bc\uff1a\u661f\u5df4\u514b\u80fd\u5426\u628a\u66f4\u5f37\u7684\u92b7\u552e\uff0c\u8f49\u6210\u66f4\u624e\u5be6\u7684\u7372\u5229\u6210\u9577\uff08\u800c\u4e0d\u53ea\u662f\u71df\u6536\u8b8a\u591a\uff09\u3002<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-dots\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">SBUX \u80a1\u50f9\u53cd\u5f48\uff0c\u7ffb\u8eab\u958b\u59cb\u843d\u5730<\/h2>\n\n\n\n<p>\u661f\u5df4\u514b\u4ea4\u51fa\u4e00\u4efd\u7ffb\u8eab\u6545\u4e8b\u6700\u9700\u8981\u7684\u8ca1\u5831\u66f4\u65b0\uff1a\u92b7\u552e\u66f4\u5f37\u3001\u4f86\u5ba2\u66f4\u591a\u3001\u5168\u5e74\u6307\u5f15\u4e0a\u8abf\uff0c\u800c\u4e14\u66f4\u660e\u78ba\u770b\u898b\u9867\u5ba2\u6b63\u5728\u56de\u6d41\uff0cSBUX \u56e0\u6b64\u518d\u6b21\u56de\u5230\u6295\u8cc7\u4eba\u8996\u7dda\u3002<\/p>\n\n\n\n<p>\u904e\u53bb\u5e7e\u500b\u6708\uff0c\u5e02\u5834\u53ea\u5728\u554f\u4e00\u4ef6\u4e8b\uff1aBrian Niccol \u7684\u7ffb\u8eab\u8a08\u756b\u80fd\u4e0d\u80fd\u4e0d\u53ea\u662f\u53e3\u865f\uff0c\u800c\u662f\u53cd\u6620\u5728\u6578\u5b57\u4e0a\uff1f\u6700\u65b0\u4e00\u5b63\u986f\u793a\u7b54\u6848\u662f\u80af\u5b9a\u7684\uff0c\u81f3\u5c11\u76ee\u524d\u5982\u6b64\u3002<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Starbucks earnings miss forecasts, US sales flat as turnaround efforts continue <a href=\"https:\/\/t.co\/OfGtZj2hrY\">https:\/\/t.co\/OfGtZj2hrY<\/a><\/p>&mdash; Yahoo Finance (@YahooFinance) <a href=\"https:\/\/twitter.com\/YahooFinance\/status\/1983633979266781453?ref_src=twsrc%5Etfw\">October 29, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>\u661f\u5df4\u514b\u516c\u5e03 2026 \u8ca1\u5e74\u7b2c\u4e8c\u5b63\u5168\u7403\u540c\u5e97\u92b7\u552e\uff08\u540c\u4e00\u5bb6\u5e97\u5728\u4e0d\u540c\u671f\u9593\u7684\u92b7\u552e\uff0c\u7528\u4f86\u770b\u300c\u771f\u6b63\u8b8a\u597d\u6216\u8b8a\u5dee\u300d\uff09\u6210\u9577 <strong>6.2%<\/strong>\uff0c\u9ad8\u65bc\u5e02\u5834\u7d04 <strong>3.7%<\/strong> \u7684\u9810\u671f\u3002\u71df\u6536\u6210\u9577 <strong>9% \u81f3 95 \u5104\u7f8e\u5143<\/strong>\uff1b\u8abf\u6574\u5f8c\u6bcf\u80a1\u76c8\u9918\uff08Adjusted EPS\uff0c\u628a\u4e00\u6b21\u6027\u9805\u76ee\u7b49\u5f71\u97ff\u5148\u6392\u9664\uff0c\u7528\u4f86\u770b\u672c\u696d\u72c0\u6cc1\uff09\u70ba <strong>0.50 \u7f8e\u5143<\/strong>\uff0c\u4e5f\u9ad8\u65bc\u5e02\u5834\u7d04 <strong>0.43 \u7f8e\u5143<\/strong> \u7684\u9810\u671f\u3002\u516c\u53f8\u540c\u6642\u4e0a\u8abf 2026 \u8ca1\u5e74\u5c55\u671b\uff1a\u9810\u671f\u5168\u7403\u8207\u7f8e\u570b\u540c\u5e97\u92b7\u552e\u6210\u9577 <strong>\u81f3\u5c11 5%<\/strong>\uff0c\u8abf\u6574\u5f8c\u6bcf\u80a1\u76c8\u9918\u9810\u4f30\u5728 <strong>2.25\uff5e2.45 \u7f8e\u5143<\/strong>\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/zh-ca\/wp-content\/uploads\/sites\/32\/2026\/04\/image-35-1024x598.jpg\" alt=\"\" class=\"wp-image-49077\"\/><\/figure>\n\n\n\n<p><em>\u4f86\u6e90\uff1a<a href=\"https:\/\/about.starbucks.com\/press\/2025\/starbucks-reports-q4-full-fiscal-year-2025-results\/\">Starbucks<\/a><\/em><\/p>\n\n\n\n<p>\u5c0d\u6295\u8cc7\u4eba\u4f86\u8aaa\uff0c\u9019\u6bd4\u8ca1\u5831\u524d\u66f4\u6709\u5229\u3002\u904e\u53bb\u5169\u5e74\uff0c\u661f\u5df4\u514b\u9577\u671f\u9762\u5c0d\u4f86\u5ba2\u8f49\u5f31\u3001\u57f7\u884c\u554f\u984c\u3001\u4e2d\u570b\u5e02\u5834\u4e0d\u78ba\u5b9a\uff0c\u4ee5\u53ca\u54c1\u724c\u662f\u5426\u5931\u53bb\u300c\u65e5\u5e38\u5438\u5f15\u529b\u300d\u7684\u7591\u616e\u3002\u6700\u65b0\u7d50\u679c\u6c92\u6709\u8b93\u9019\u4e9b\u554f\u984c\u6d88\u5931\uff0c\u4f46\u5e02\u5834\u81f3\u5c11\u6709\u66f4\u660e\u78ba\u7684\u6578\u5b57\u53ef\u4ee5\u8a55\u4f30\u3002<\/p>\n\n\n\n<!-- TradingView Widget BEGIN -->\n<div class=\"tradingview-widget-container\" style=\"height:100%;width:100%\">\n  <div class=\"tradingview-widget-container__widget\" style=\"height:calc(100% - 32px);width:100%\"><\/div>\n  <div class=\"tradingview-widget-copyright\"><a href=\"https:\/\/www.tradingview.com\/symbols\/NASDAQ-SBUX\/\" rel=\"noopener nofollow\" target=\"_blank\"><span class=\"blue-text\">SBUX stock chart<\/span><\/a><span class=\"trademark\">on VT, by TradingView<\/span><\/div>\n  <script type=\"text\/javascript\" src=\"https:\/\/s3.tradingview.com\/external-embedding\/embed-widget-advanced-chart.js\" async>\n  {\n  \"allow_symbol_change\": true,\n  \"calendar\": false,\n  \"details\": false,\n  \"hide_side_toolbar\": true,\n  \"hide_top_toolbar\": false,\n  \"hide_legend\": false,\n  \"hide_volume\": false,\n  \"hotlist\": false,\n  \"interval\": \"D\",\n  \"locale\": \"en\",\n  \"save_image\": true,\n  \"style\": \"1\",\n  \"symbol\": \"NASDAQ:SBUX\",\n  \"theme\": \"dark\",\n  \"timezone\": \"Etc\/UTC\",\n  \"backgroundColor\": \"#0F0F0F\",\n  \"gridColor\": \"rgba(242, 242, 242, 0.06)\",\n  \"watchlist\": [],\n  \"withdateranges\": false,\n  \"compareSymbols\": [],\n  \"studies\": [],\n  \"autosize\": true\n}\n  <\/script>\n<\/div>\n<!-- TradingView Widget END -->\n\n\n\n<p>\u5c0d\u95dc\u6ce8 <strong>SBUX<\/strong> \u7684\u4ea4\u6613\u8005\u4f86\u8aaa\uff0c\u554f\u984c\u5df2\u4e0d\u518d\u662f\u300c\u661f\u5df4\u514b\u6709\u6c92\u6709\u7ffb\u8eab\u6545\u4e8b\u300d\u2014\u2014\u5b83\u78ba\u5be6\u6709\u3002\u6bd4\u8f03\u95dc\u9375\u7684\u662f\uff1a\u5728\u5229\u6f64\u7387\u8ddf\u4e0a\u4e4b\u524d\uff0c\u80a1\u50f9\u662f\u5426\u5df2\u7d93\u5148\u628a\u592a\u591a\u5fa9\u7526\u9810\u671f\u53cd\u6620\u9032\u53bb\u3002<\/p>\n\n\n\n<p><strong>\u60f3\u627e\u66f4\u591a\u7f8e\u80a1\u6a5f\u6703\uff0c\u4e0d\u53ea\u770b SBUX\uff1f\u53ef\u53c3\u8003 <a href=\"https:\/\/www.vtmarkets.com\/today-analysis\/?utmsource=Opinion\" target=\"_blank\" rel=\"noreferrer noopener\">\u6bcf\u65e5\u5e02\u5834\u5206\u6790<\/a>\uff0c\u4ee5\u53ca VT Markets \u7684\u5168\u7403\u500b\u80a1\u5dee\u50f9\u5408\u7d04\uff08CFD\uff1a\u4e0d\u5fc5\u5be6\u969b\u6301\u6709\u80a1\u7968\u3001\u7528\u50f9\u683c\u6f32\u8dcc\u9032\u884c\u4ea4\u6613\u7684\u5408\u7d04\uff09\u6a5f\u6703\u3002<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u7f8e\u570b\u4f86\u5ba2\u6578\u662f\u6700\u6e05\u695a\u7684\u8a0a\u865f<\/h2>\n\n\n\n<p>\u9019\u6b21\u66f4\u65b0\u6700\u5f37\u7684\u90e8\u5206\u4f86\u81ea\u7f8e\u570b\u696d\u52d9\u3002\u5317\u7f8e\u540c\u5e97\u92b7\u552e\u6210\u9577 <strong>7.1%<\/strong>\uff0c\u4e3b\u8981\u4f86\u81ea\u4ea4\u6613\u7b46\u6578\uff08\u8cfc\u8cb7\u6b21\u6578\uff09\u589e\u52a0\u8207\u9867\u5ba2\u4e92\u52d5\u8b8a\u5f37\u3002\u9019\u5f88\u91cd\u8981\uff0c\u56e0\u70ba\u5982\u679c\u7ffb\u8eab\u53ea\u9760\u6f32\u50f9\uff0c\u6703\u5f88\u8106\u5f31\uff1b\u5982\u679c\u662f\u4eba\u771f\u7684\u56de\u5230\u9580\u5e02\uff0c\u5206\u91cf\u66f4\u91cd\u3002<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Starbucks&#39; loyalty program changes are drawing value-conscious customers <a href=\"https:\/\/t.co\/C78dKR5eK7\">https:\/\/t.co\/C78dKR5eK7<\/a><\/p>&mdash; CNBC (@CNBC) <a href=\"https:\/\/twitter.com\/CNBC\/status\/2047334206498328898?ref_src=twsrc%5Etfw\">April 23, 2026<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>\u5728\u300c\u56de\u5230\u661f\u5df4\u514b\u300d\u8a08\u756b\u4e0b\uff0c\u661f\u5df4\u514b\u628a\u91cd\u9ede\u653e\u5728\u51fa\u676f\u901f\u5ea6\u3001\u4eba\u529b\u914d\u7f6e\u3001\u4eba\u54e1\u670d\u52d9\u4e00\u81f4\u6027\u3001\u4ee5\u53ca\u9580\u5e02\u9ad4\u9a57\u3002\u8def\u900f\u5831\u5c0e\u6307\u51fa\uff0c<a href=\"https:\/\/www.reuters.com\/world\/china\/starbucks-closes-china-deal-with-boyu-plans-expand-stores-2026-04-02\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">\u6d88\u8cbb\u8005\u5230\u5e97\u6b21\u6578<\/a>\u589e\u52a0 <strong>5.9%<\/strong>\uff0c\u7d04 <strong>80% \u7684\u9580\u5e02<\/strong>\u9054\u5230\u670d\u52d9\u6a19\u6e96\uff08\u516c\u53f8\u8a2d\u5b9a\u7684\u670d\u52d9\u8207\u6548\u7387\u76ee\u6a19\uff09\u3002\u9019\u4ee3\u8868\u516c\u53f8\u4e0d\u53ea\u662f\u8ce3\u66f4\u591a\u98f2\u6599\uff0c\u4e5f\u5728\u6e1b\u5c11\u904e\u53bb\u5e7e\u5b63\u8b93\u9867\u5ba2\u4e0d\u6eff\u7684\u6469\u64e6\u3002<\/p>\n\n\n\n<p>\u5c0d SBUX \u800c\u8a00\uff0c\u6700\u8a72\u76ef\u7684\u662f\u4f86\u5ba2\u6578\u3002\u4eba\u8b8a\u591a\u80fd\u6490\u4f4f\u71df\u6536\u3001\u4fee\u5fa9\u5c0d\u54c1\u724c\u7684\u4fe1\u5fc3\uff0c\u4e5f\u8b93\u516c\u53f8\u66f4\u6709\u7a7a\u9593\u9010\u6b65\u628a\u5229\u6f64\u7387\u62c9\u56de\u4f86\u3002\u82e5\u4ea4\u6613\u7b46\u6578\u6301\u7e8c\u6539\u5584\uff0c\u6295\u8cc7\u4eba\u53ef\u80fd\u66f4\u9858\u610f\u5728\u516c\u53f8\u52a0\u78bc\u4eba\u529b\u8207\u71df\u904b\u6642\u7d66\u4e88\u6642\u9593\u3002<\/p>\n\n\n\n<p>\u98a8\u96aa\u5728\u65bc\u5e02\u5834\u671f\u5f85\u6b63\u5feb\u901f\u5347\u9ad8\u3002\u7576\u80a1\u50f9\u5f9e\u300c\u4e0d\u76f8\u4fe1\u80fd\u7ffb\u8eab\u300d\u8f49\u6210\u300c\u76f8\u4fe1\u80fd\u7ffb\u8eab\u300d\uff0c\u6bcf\u4e00\u5b63\u90fd\u6703\u88ab\u6aa2\u9a57\u9032\u5ea6\u3002\u661f\u5df4\u514b\u5df2\u8b49\u660e\u9867\u5ba2\u6703\u56de\u4f86\uff0c\u63a5\u4e0b\u4f86\u5f97\u8b49\u660e\u52d5\u80fd\u80fd\u7dad\u6301\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u5229\u6f64\u7387\u8003\u9a57\u4ecd\u5728<\/h2>\n\n\n\n<p>SBUX \u7684\u591a\u982d\u7406\u7531\u8b8a\u5f37\uff0c\u4f46\u5229\u6f64\u7387\u4ecd\u4e0d\u7406\u60f3\u3002<\/p>\n\n\n\n<p>\u661f\u5df4\u514b\u5317\u7f8e<a href=\"https:\/\/www.reuters.com\/business\/retail-consumer\/starbucks-tops-quarterly-sales-estimates-ceos-turnaround-gains-momentum-2026-04-28\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">\u71df\u696d\u5229\u6f64\u7387\uff08\u71df\u696d\u5229\u76ca \u00f7 \u71df\u6536\uff0c\u8861\u91cf\u672c\u696d\u8cfa\u9322\u80fd\u529b\uff09\u964d\u81f3 9.9%\uff0c\u4f4e\u65bc\u4e00\u5e74\u524d\u7684 11.6%<\/a>\u3002\u516c\u53f8\u5c07\u4e0b\u6ed1\u6b78\u56e0\u65bc\u7ffb\u8eab\u8a08\u756b\u5e36\u4f86\u7684\u4eba\u529b\u6295\u5165\u3001\u7522\u54c1\u7d44\u5408\u8b8a\u5316\u3001\u95dc\u7a05\uff0c\u4ee5\u53ca\u5496\u5561\u50f9\u683c\u504f\u9ad8\u3002\u92b7\u552e\u653e\u5927\u6548\u61c9\uff08\u71df\u6536\u589e\u52a0\u6642\uff0c\u7372\u5229\u7406\u8ad6\u4e0a\u66f4\u5bb9\u6613\u653e\u5927\uff09\u6709\u5e6b\u52a9\uff0c\u4f46\u4e0d\u8db3\u4ee5\u5b8c\u5168\u62b5\u92b7\u6210\u672c\u58d3\u529b\u3002<\/p>\n\n\n\n<p>\u6295\u8cc7\u4eba\u53c8\u56de\u5230\u719f\u6089\u7684\u60c5\u5883\uff1a\u516c\u53f8\u70ba\u4e86\u628a\u751f\u610f\u4fee\u597d\u800c\u589e\u52a0\u652f\u51fa\uff0c\u9019\u4e9b\u6295\u5165\u53ef\u80fd\u5fc5\u8981\u3002\u4eba\u624b\u66f4\u8db3\u80fd\u7e2e\u77ed\u7b49\u5f85\u6642\u9593\u3001\u964d\u4f4e\u9867\u5ba2\u4e0d\u6eff\u3001\u5e36\u52d5\u4ea4\u6613\u7b46\u6578\u3002\u4f46\u80a1\u5e02\u6700\u7d42\u6703\u8981\u6c42\u8b49\u660e\uff1a\u9019\u4e9b\u6295\u5165\u80fd\u8f49\u6210\u7372\u5229\u3002<\/p>\n\n\n\n<p>\u56e0\u6b64 SBUX \u53ef\u80fd\u66f4\u5bb9\u6613\u6ce2\u52d5\u3002\u82e5\u92b7\u552e\u6301\u7e8c\u8d85\u9810\u671f\u3001\u4f46\u5229\u6f64\u7387\u4ecd\u53d7\u58d3\uff0c\u5e02\u5834\u53ef\u80fd\u4ecd\u80af\u5b9a\u7ffb\u8eab\uff0c\u4f46\u71b1\u5ea6\u6703\u4e0b\u964d\uff1b\u82e5\u92b7\u552e\u6210\u9577\u8207\u5229\u6f64\u7387\u56de\u5347\u540c\u6642\u51fa\u73fe\uff0c\u80a1\u50f9\u4f30\u503c\uff08\u5e02\u5834\u9858\u610f\u7d66\u7684\u50f9\u683c\u6c34\u6e96\uff09\u5c31\u66f4\u7ad9\u5f97\u4f4f\u8173\u3002<\/p>\n\n\n\n<p>\u63a5\u4e0b\u4f86\u5e7e\u5b63\u6703\u9a57\u8b49\uff1a\u661f\u5df4\u514b\u662f\u5728\u7528\u7372\u5229\u63db\u6210\u9577\uff0c\u9084\u662f\u5728\u70ba\u66f4\u7a69\u5065\u7684\u7372\u5229\u5faa\u74b0\u6253\u5e95\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u4e2d\u570b\u5e02\u5834\u4ecd\u9700\u8981\u66f4\u5fb9\u5e95\u7684\u8abf\u6574<\/h2>\n\n\n\n<p>\u4e2d\u570b\u5496\u5561\u9023\u9396\u4e5f\u6539\u8b8a\u4e86\u7af6\u722d\u65b9\u5f0f\u3002\u745e\u5e78\u3001\u5eab\u8fea\u3001Lucky Cup \u7b49\u672c\u571f\u54c1\u724c\u4ee5\u66f4\u4f4e\u50f9\u683c\u3001\u66f4\u5c0f\u5e97\u578b\u3001App \u4e0b\u55ae\u8207\u5feb\u901f\u5c55\u5e97\u6436\u5e02\uff0c\u8b93\u5496\u5561\u5c0d\u8a31\u591a\u5e74\u8f15\u6d88\u8cbb\u8005\u66f4\u50cf\u65e5\u5e38\u300c\u5212\u7b97\u9078\u64c7\u300d\uff0c\u800c\u4e0d\u662f\u9ad8\u50f9\u7684\u751f\u6d3b\u98a8\u683c\u6d88\u8cbb\u3002<\/p>\n\n\n\n<p>\u5206\u6790\u5e2b\u4e5f\u63d0\u9192\uff0c\u4e2d\u570b\u5496\u5561\u54c1\u724c\u8981\u51fa\u6d77\uff0c\u4e0d\u80fd\u53ea\u9760\u4f4e\u50f9\uff1b\u54c1\u8cea\u3001\u5728\u5730\u5316\uff08\u4f9d\u7576\u5730\u53e3\u5473\u8207\u7fd2\u6163\u8abf\u6574\uff09\u3001\u8207\u6d88\u8cbb\u9ad4\u9a57\u6703\u66f4\u91cd\u8981\u3002\u5c0d\u661f\u5df4\u514b\u800c\u8a00\uff0c\u6311\u6230\u8b8a\u6210\u5169\u9762\uff1a\u65e2\u8981\u5b88\u4f4f\u5728\u4e2d\u570b\u7684\u9ad8\u7aef\u5f62\u8c61\uff0c\u4e5f\u8981\u5728\u66f4\u91cd\u8996\u901f\u5ea6\u8207\u50f9\u683c\u7684\u5e02\u5834\u4e2d\u7dad\u6301\u7af6\u722d\u529b\u3002<\/p>\n\n\n\n<p>\u672c\u5b63\u96d6\u6709\u6539\u5584\uff0c\u4f46\u9084\u7a31\u4e0d\u4e0a\u5b8c\u5168\u5fa9\u7526\u3002\u661f\u5df4\u514b\u570b\u969b\u696d\u52d9\u53d7\u76ca\u65bc\u92b7\u552e\u653e\u5927\u6548\u61c9\uff0c\u4ee5\u53ca\u6703\u8a08\u5f71\u97ff\uff08\u4e2d\u570b\u8cc7\u7522\u88ab\u5206\u985e\u70ba\u300c\u5f85\u51fa\u552e\u8cc7\u7522\u300d\uff0c\u5e33\u9762\u8655\u7406\u65b9\u5f0f\u4e0d\u540c\uff09\uff0c\u4f46\u4e2d\u570b\u6574\u9ad4\u9700\u6c42\u4ecd\u9700\u8981\u6301\u7e8c\u89c0\u5bdf\u3002<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Starbucks&#39; China business is reportedly attracting bids valued up to $10,000,000,000. <a href=\"https:\/\/twitter.com\/BrookeDiPalma?ref_src=twsrc%5Etfw\">@BrookeDiPalma<\/a> breaks down the details. \u2615 <a href=\"https:\/\/t.co\/jwZpC7L7is\">pic.twitter.com\/jwZpC7L7is<\/a><\/p>&mdash; Yahoo Finance (@YahooFinance) <a href=\"https:\/\/twitter.com\/YahooFinance\/status\/1943073177325769185?ref_src=twsrc%5Etfw\">July 9, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>\u5c0d SBUX \u800c\u8a00\uff0c\u4e2d\u570b\u7684\u91cd\u8981\u6027\u5728\u65bc\u5b83\u6703\u5f71\u97ff\u9577\u671f\u6210\u9577\u4f30\u503c\u3002\u7f8e\u570b\u82e5\u5f37\u52c1\u5fa9\u7526\uff0c\u53ef\u4ee5\u652f\u6490\u77ed\u671f\u60c5\u7dd2\uff1b\u4f46\u82e5\u4e2d\u570b\u80fd\u7a69\u4f4f\uff0c\u5168\u7403\u64f4\u5f35\u6545\u4e8b\u6703\u66f4\u6709\u8aaa\u670d\u529b\u3002\u82e5\u4e2d\u570b\u6301\u7e8c\u75b2\u5f31\uff0c\u6295\u8cc7\u4eba\u53ef\u80fd\u66f4\u50be\u5411\u628a\u661f\u5df4\u514b\u7576\u4f5c\u6210\u719f\u7684\u7f8e\u570b\u6d88\u8cbb\u80a1\uff0c\u800c\u4e0d\u662f\u5168\u7403\u9ad8\u6210\u9577\u516c\u53f8\u3002<\/p>\n\n\n\n<p>\u9019\u4e0d\u6703\u63a8\u7ffb\u7ffb\u8eab\u908f\u8f2f\uff0c\u53ea\u4ee3\u8868\u5e02\u5834\u5728\u7d66\u51fa\u66f4\u9ad8\u4f30\u503c\u524d\uff0c\u9084\u9700\u8981\u66f4\u591a\u8b49\u64da\u3002<\/p>\n\n\n\n<p><strong><a href=\"https:\/\/www.vtmarkets.com\/opinion\/chinas-ev-industry-a-growing-global-force\/?utmsource=Opinion\" target=\"_blank\" rel=\"noreferrer noopener\">\u4e2d\u570b\u4e0d\u53ea\u5728\u6539\u8b8a\u96fb\u52d5\u8eca\uff08EV\uff0cElectric Vehicle\uff0c\u4ee5\u96fb\u529b\u9a45\u52d5\u7684\u8eca\uff09\u7af6\u722d<\/a>\uff0c\u4e5f\u5728\u8feb\u4f7f\u5168\u7403\u6d88\u8cbb\u54c1\u724c\u91cd\u65b0\u601d\u8003\u5b9a\u50f9\u3001\u5728\u5730\u5316\u8207\u6210\u9577\u65b9\u5f0f\u3002<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u70ba\u4f55 SBUX \u53ef\u80fd\u6301\u7e8c\u6709\u4ea4\u6613\u6a5f\u6703<\/h2>\n\n\n\n<p>SBUX \u53ef\u80fd\u6301\u7e8c\u6d3b\u8e8d\uff0c\u56e0\u70ba\u9019\u6b21\u8ca1\u5831\u540c\u6642\u8b93\u591a\u982d\u8207\u4fdd\u5b88\u6d3e\u90fd\u6709\u8db3\u5920\u7406\u7531\u63a1\u53d6\u884c\u52d5\u3002<\/p>\n\n\n\n<p>\u591a\u982d\u7406\u7531\u5f88\u76f4\u63a5\uff1a\u661f\u5df4\u514b\u518d\u5ea6\u6210\u9577\u3001\u4f86\u5ba2\u6539\u5584\u3001\u6307\u5f15\u4e0a\u8abf\u3001\u71df\u904b\u8abf\u6574\u770b\u8d77\u4f86\u9032\u5ea6\u8d85\u524d\u3002\u300aBarron\u2019s\u300b\u6307\u51fa\uff0c\u672c\u5b63\u662f\u661f\u5df4\u514b\u81ea 2023 \u8ca1\u5e74\u7b2c\u56db\u5b63\u4ee5\u4f86\u9996\u6b21\u51fa\u73fe\u5e74\u5c0d\u5e74\u7372\u5229\u6210\u9577\uff0c\u6210\u70ba\u5fa9\u7526\u7684\u91cd\u8981\u91cc\u7a0b\u7891\u3002<\/p>\n\n\n\n<p>\u4fdd\u5b88\u7406\u7531\u540c\u6a23\u6e05\u695a\uff1a\u80a1\u50f9\u5df2\u53cd\u61c9\u597d\u6d88\u606f\uff0c\u4f30\u503c\u4e0d\u518d\u4fbf\u5b9c\uff0c\u5229\u6f64\u7387\u58d3\u529b\u4ecd\u8b93\u7372\u5229\u8def\u5f91\u4e0d\u5920\u660e\u6717\u3002\u55ae\u4e00\u5b63\u71df\u6536\u5f37\u5f88\u6709\u5e6b\u52a9\uff0c\u4f46\u4ecd\u4e0d\u8db3\u4ee5\u5b8c\u5168\u56de\u7b54\uff1a\u661f\u5df4\u514b\u5728\u4ed8\u51fa\u66f4\u9ad8\u4eba\u529b\u6210\u672c\u3001\u627f\u53d7\u539f\u7269\u6599\u6210\u672c\uff08\u6295\u5165\u6210\u672c\uff09\u58d3\u529b\u3001\u4ee5\u53ca\u66f4\u6fc0\u70c8\u7af6\u722d\u65e5\u5e38\u6d88\u8cbb\u6642\uff0c\u80fd\u5426\u5b88\u4f4f\u7372\u5229\u3002<\/p>\n\n\n\n<p>\u56e0\u6b64\uff0cSBUX \u66f4\u50cf\u300c\u6311\u9078\u6642\u9ede\u7684\u5fa9\u7526\u4ea4\u6613\u300d\uff0c\u800c\u4e0d\u662f\u55ae\u7d14\u7684\u4fbf\u5b9c\u50f9\u503c\u80a1\u3002\u7ffb\u8eab\u8b8a\u597d\uff0c\u4f46\u5229\u6f64\u7387\u9019\u5ea7\u6a4b\u9084\u6c92\u5b8c\u5168\u642d\u597d\u3002<\/p>\n\n\n\n<p><strong>\u60f3\u628a\u661f\u5df4\u514b\u3001\u8f1d\u9054\uff08Nvidia\uff09\u3001\u7279\u65af\u62c9\uff08Tesla\uff09\u3001\u860b\u679c\uff08Apple\uff09\u7b49\u7f8e\u80a1\u653e\u5728\u540c\u4e00\u8655\u8ffd\u8e64\uff1f\u53ef\u7528 <a href=\"https:\/\/www.vtmarkets.com\/cfd-shares\/?utmsource=Opinion\" target=\"_blank\" rel=\"noreferrer noopener\">VT Markets \u7684\u500b\u80a1\u5dee\u50f9\u5408\u7d04\uff08CFD\uff09<\/a>\u5efa\u7acb\u4f60\u7684<a href=\"https:\/\/www.vtmarkets.com\/trade-now\/?utmsource=Opinion\" target=\"_blank\" rel=\"noreferrer noopener\">\u89c0\u5bdf\u6e05\u55ae<\/a>\uff0c\u4e26\u5728\u8ca1\u5831\u5b63\u8ffd\u8e64\u5e02\u5834\u52d5\u5411\u3002<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u4ea4\u6613\u8005\u63a5\u4e0b\u4f86\u8a72\u770b\u4ec0\u9ebc<\/h2>\n\n\n\n<p>\u4ea4\u6613\u8005\u53ef\u805a\u7126\u4e09\u500b\u8a0a\u865f\u3002<\/p>\n\n\n\n<p>\u7b2c\u4e00\uff0c\u770b <strong>\u7f8e\u570b\u4ea4\u6613\u7b46\u6578\u6210\u9577<\/strong>\u3002\u82e5\u9867\u5ba2\u6301\u7e8c\u56de\u6d41\uff0c\u7ffb\u8eab\u4ecd\u6709\u5ef6\u7e8c\u7a7a\u9593\u3002<\/p>\n\n\n\n<p>\u7b2c\u4e8c\uff0c\u770b <strong>\u5317\u7f8e\u71df\u696d\u5229\u6f64\u7387<\/strong>\u3002\u661f\u5df4\u514b\u9700\u8981\u8b49\u660e\u66f4\u597d\u7684\u92b7\u552e\u6700\u7d42\u80fd\u8b8a\u6210\u66f4\u5f37\u7684\u7372\u5229\u3002<\/p>\n\n\n\n<p>\u7b2c\u4e09\uff0c\u770b <strong>\u4e2d\u570b\u5e02\u5834\u66f4\u65b0<\/strong>\u3002\u82e5\u4e2d\u570b\u66f4\u7a69\uff0c\u53ef\u652f\u6490\u9577\u671f\u6210\u9577\u8ad6\u9ede\uff1b\u82e5\u518d\u5ea6\u75b2\u5f31\uff0c\u80a1\u50f9\u4e0a\u65b9\u7a7a\u9593\u53ef\u80fd\u53d7\u9650\u3002<\/p>\n\n\n\n<details class=\"wp-block-details is-layout-flow wp-block-details-is-layout-flow\"><summary><strong>\u4ea4\u6613\u8005\u5e38\u898b\u554f\u984c<\/strong><\/summary>\n<p><strong>\u70ba\u4ec0\u9ebc SBUX \u8ca1\u5831\u5f8c\u80a1\u50f9\u6703\u52d5\uff1f<\/strong><\/p>\n\n\n\n<p>\u56e0\u70ba\u661f\u5df4\u514b\u516c\u5e03\u7684 2026 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