{"id":47926,"date":"2026-02-28T06:46:27","date_gmt":"2026-02-28T06:46:27","guid":{"rendered":"https:\/\/www.vtmarkets.com\/uncategorized\/38781\/"},"modified":"2026-02-28T06:46:27","modified_gmt":"2026-02-28T06:46:27","slug":"%e5%b8%9d%e4%ba%9e%e5%90%89%e6%ad%90%e8%82%a1%e5%83%b9%e6%89%bf%e5%a3%93%ef%bc%9a%e4%ba%a4%e6%98%93%e8%80%85%e8%83%bd%e5%90%a6%e5%9c%a8%e3%80%8c%e9%85%92%e9%86%92%e3%80%8d%e8%b6%a8%e5%8b%a2%e4%b8%ad","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/zh-ca\/opinion\/47926\/","title":{"rendered":"\u5e1d\u4e9e\u5409\u6b50\u80a1\u50f9\u627f\u58d3\uff1a\u4ea4\u6613\u8005\u80fd\u5426\u5728\u300c\u9152\u9192\u300d\u8da8\u52e2\u4e2d\u627e\u5230\u6a5f\u6703\uff1f"},"content":{"rendered":"<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.vtmarketsglobal.com\/wp-content\/uploads\/2026\/02\/diageo-share-1-1024x558.webp\" alt=\"\" class=\"wp-image-43080\"\/><\/figure><p>\u7531\u65bc\u5168\u7403\u9152\u985e\u7522\u696d\u6b63\u9762\u81e8\u591a\u5e74\u4f86\u6700\u5177\u6311\u6230\u6027\u7684\u6642\u671f\u4e4b\u4e00\uff0c\u5e1d\u4e9e\u5409\u6b50\u7684\u80a1\u50f9\u5df2\u6210\u70ba\u6295\u8cc7\u8005\u548c\u4ea4\u6613\u54e1\u7684\u7126\u9ede\u3002<\/p><p>\u6d88\u8cbb\u8005\u9700\u6c42\u75b2\u8edf\u3001\u751f\u6d3b\u65b9\u5f0f\u504f\u597d\u6539\u8b8a\u4ee5\u53ca\u9ad8\u7aef\u70c8\u9152\u92b7\u552e\u627f\u58d3\uff0c\u5c0e\u81f4<a href=\"https:\/\/www.forbes.com\/sites\/dougmelville\/2026\/01\/02\/is-the-world-going-sober-830-million-wiped-of-liquor-stocks-as-jim-beam-halts-output\/\" target=\"_blank\" rel=\"noopener nofollow\" title=\"\">\u591a\u5bb6\u4e3b\u8981\u4e0a\u5e02\u98f2\u6599\u516c\u53f8\u80a1\u50f9\u4e0b\u8dcc<\/a>\u3002<\/p><p>\u5c0d\u5e02\u5834\u53c3\u8207\u8005\u800c\u8a00\uff0c\u9019\u5f15\u51fa\u4e86\u4e00\u500b\u95dc\u9375\u554f\u984c\uff1a<\/p><p>\u9019\u7a76\u7adf\u662f\u50b3\u7d71<a href=\"https:\/\/finance.yahoo.com\/sectors\/consumer-defensive\/\" target=\"_blank\" rel=\"noopener nofollow\" title=\"\">\u6d88\u8cbb\u9632\u79a6\u578b\u7522\u696d<\/a>\u7684\u7d50\u69cb\u6027\u4e0b\u6ed1\uff0c\u9084\u662f\u5e36\u4f86\u4ea4\u6613\u6a5f\u6703\u7684\u5468\u671f\u6027\u653e\u7de9\uff1f<\/p><div style=\"height:25px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div><h2 class=\"wp-block-heading\" style=\"font-size:24px\">\u5e1d\u4e9e\u5409\u6b50\uff1a\u9802\u7d1a\u5962\u4f88\u54c1\u724c<\/h2><p>\u5e1d\u4e9e\u5409\u6b50\u96c6\u5718\u662f\u5168\u7403\u6700\u5927\u7684\u9ad8\u7aef\u9152\u985e\u516c\u53f8\u4e4b\u4e00\uff0c\u4e5f\u662f\u5168\u7403\u6d88\u8cbb\u54c1\u7522\u696d\u7684\u9818\u5c0e\u8005\u3002<\/p><p>\u516c\u53f8\u7e3d\u90e8\u4f4d\u65bc\u502b\u6566\uff0c\u4e26\u5728\u502b\u6566\u8b49\u5238\u4ea4\u6613\u6240\u548c\u7d10\u7d04\u8b49\u5238\u4ea4\u6613\u6240\u4e0a\u5e02\uff0c\u65d7\u4e0b\u64c1\u6709\u8a31\u591a\u4e16\u754c\u77e5\u540d\u7684\u9152\u985e\u54c1\u724c\uff0c\u5305\u62ec\u5c0a\u5c3c\u7372\u52a0\u3001\u5065\u529b\u58eb\u3001\u65af\u7c73\u8afe\u3001\u767e\u5229\u751c\u9152\u3001\u6dfb\u52a0\u5229\u548c\u5510\u80e1\u91cc\u5967\u3002<\/p><p>\u5f9e\u6b77\u53f2\u4e0a\u770b\uff0c\u5e1d\u4e9e\u5409\u6b50\u4e00\u76f4\u88ab\u8996\u70ba\u4e00\u96bb\u9632\u79a6\u578b\u80a1\u7968\u3002<\/p><p>\u5728\u7d93\u6fdf\u4f4e\u8ff7\u6642\u671f\uff0c\u9152\u7cbe\u6d88\u8cbb\u5f80\u5f80\u4fdd\u6301\u76f8\u5c0d\u7a69\u5b9a\uff0c\u800c\u9ad8\u7aef\u70c8\u9152\u5247\u53d7\u76ca\u65bc\u6d88\u8cbb\u8005\u5c0d\u54c1\u724c\u5fe0\u8aa0\u5ea6\u548c\u66f4\u9ad8\u54c1\u8cea\u6d88\u8cbb\u7684\u9577\u671f\u8da8\u52e2\u3002<\/p><p>\u7136\u800c\uff0c\u5e1d\u4e9e\u5409\u6b50\u80a1\u50f9\u8fd1\u671f\u7684\u8868\u73fe\u8868\u660e\uff0c\u5373\u4f7f\u662f\u9632\u79a6\u6027\u7522\u696d\u4e5f\u7121\u6cd5\u514d\u53d7\u7d50\u69cb\u6027\u8b8a\u5316\u7684\u5f71\u97ff\u3002<\/p><div style=\"height:25px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div><h2 class=\"wp-block-heading\" style=\"font-size:24px\">\u5e1d\u4e9e\u5409\u6b50\u80a1\u50f9\u8fd1\u671f\u8d70\u52e2<\/h2><p>\u5e1d\u4e9e\u5409\u6b50\u80a1\u50f9\u8fd1\u671f\u75b2\u8edf\u53cd\u6620\u4e86\u92b7\u552e\u91cf\u4e0b\u964d\u3001\u5eab\u5b58\u8abf\u6574\u4ee5\u53ca\u4e3b\u8981\u5730\u5340\u9700\u6c42\u75b2\u8edf\u7b49\u56e0\u7d20\u7684\u7d9c\u5408\u5f71\u97ff\u3002<\/p><div style=\"height:25px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div><!-- TradingView Widget BEGIN --><div class=\"tradingview-widget-container\"><div class=\"tradingview-widget-container__widget\"><\/div><div class=\"tradingview-widget-copyright\"> <span class=\"trademark\">TradingView\u63d0\u4f9b\u7684VT\u5e73\u53f0<\/span><a href=\"vtmarkets.com\/trade-now?utm_source=Opinion\" rel=\"noopener nofollow\" target=\"_blank\"><span class=\"blue-text\">DEO\u5831\u50f9<\/span><\/a><\/div><script type=\"text\/javascript\" src=\"https:\/\/s3.tradingview.com\/external-embedding\/embed-widget-single-quote.js\" async>  {  \"symbol\": \"NYSE:DEO\",  \"colorTheme\": \"dark\",  \"isTransparent\": false,  \"locale\": \"en\",  \"width\": 300}  <\/script><\/div><!-- TradingView Widget END --><div style=\"height:25px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div><ul class=\"wp-block-list\"><li>\u5e1d\u4e9e\u5409\u6b50\u7684\u80a1\u50f9\u57282024\u5e74\u53ca2025-2026\u5e74\u671f\u9593\u5448\u4e0b\u964d\u8da8\u52e2\u3002<\/li><li>\u5317\u7f8e\u5e02\u5834\u6210\u9577\u653e\u7de9\uff0c\u800c\u5317\u7f8e\u6b77\u4f86\u662f\u5176\u6700\u8cfa\u9322\u7684\u5e02\u5834\u3002<\/li><li>\u62c9\u4e01\u7f8e\u6d32\u5eab\u5b58\u904e\u5269\u8feb\u4f7f\u51fa\u8ca8\u91cf\u6e1b\u5c11<\/li><li>\u75ab\u60c5\u63a8\u52d5\u7684\u6210\u9577\u4e4b\u5f8c\uff0c\u9ad8\u7aef\u70c8\u9152\u9700\u6c42\u653e\u7de9\u3002<\/li><li>\u6295\u5165\u6210\u672c\u4e0a\u5347\u548c\u4fc3\u92b7\u6d3b\u52d5\u5c0e\u81f4\u5229\u6f64\u7387\u627f\u58d3<\/li><li>\u6295\u8cc7\u8005\u5c0d\u9577\u671f\u6d88\u8cbb\u8da8\u52e2\u7684\u64d4\u6182<\/li><\/ul><p>\u8a72\u80a1\u8868\u73fe\u905c\u65bc\u8a31\u591a\u50b3\u7d71\u9632\u79a6\u578b\u80a1\u7968\uff0c\u986f\u793a\u6295\u8cc7\u8005\u6b63\u5728\u91cd\u65b0\u8a55\u4f30\u9152\u985e\u516c\u53f8\u5728\u4e0d\u65b7\u8b8a\u5316\u7684\u6d88\u8cbb\u74b0\u5883\u4e2d\u7684\u6297\u98a8\u96aa\u80fd\u529b\u3002<\/p><p>MarketWatch <a href=\"https:\/\/www.marketwatch.com\/story\/american-tequila-sales-are-collapsing-diageo-is-cutting-its-dividend-in-half-3fc34adb\" target=\"_blank\" rel=\"noopener nofollow\" title=\"\">\u5c0d\u7f8e\u570b\u5730\u5340\u7684\u5831\u544a<\/a>\u63ed\u793a\u4e86\u66f4\u591a\u95dc\u65bc\u6d88\u8cbb\u8005\u884c\u70ba\u6a21\u5f0f\u7684\u8cc7\u8a0a\u3002<\/p><div style=\"height:25px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div><h2 class=\"wp-block-heading\" style=\"font-size:24px\">\u5c0d\u9152\u7cbe\u7522\u696d\u7684\u66f4\u5ee3\u6cdb\u95dc\u6ce8<\/h2><p>\u5e1d\u4e9e\u5409\u6b50\u7684\u56f0\u5883\u4e26\u975e\u500b\u6848\u3002<\/p><p>\u5168\u7403\u5404\u5927\u98f2\u6599\u516c\u53f8\u90fd\u7d93\u6b77\u4e86\u985e\u4f3c\u7684\u4e0b\u6ed1\uff0c\u9019\u8868\u660e\u884c\u696d\u6574\u9ad4\u8da8\u52e2\u767c\u751f\u4e86\u8f49\u8b8a\uff0c\u800c\u975e\u500b\u5225\u516c\u53f8\u7ba1\u7406\u4e0d\u5584\u6240\u81f4\u3002<\/p><p>2025\u5e74\u53ca2026\u5e74\u521d\uff0c\u4e0a\u5e02\u98f2\u6599\u516c\u53f8\u7684\u5e02\u503c\u84b8\u767c\u4e86\u6578\u5341\u5104\u7f8e\u5143\u3002<\/p><p>\u591a\u5bb6\u5927\u578b\u751f\u7522\u5546\u5118\u7ba1\u7dad\u6301\u4e86\u9ad8\u50f9\u7b56\u7565\uff0c\u4f46\u92b7\u552e\u91cf\u537b\u51fa\u73fe\u4e0b\u6ed1\u3002<\/p><p>\u4e3b\u8981\u7d50\u69cb\u6027\u58d3\u529b\u5305\u62ec\uff1a<\/p><ul class=\"wp-block-list\"><li>\u75ab\u60c5\u5f8c\u5c45\u5bb6\u6d88\u8cbb\u6fc0\u589e\uff0c\u9700\u6c42\u9010\u6f38\u6062\u5fa9\u6b63\u5e38<\/li><li>\u901a\u8ca8\u81a8\u8139\u6b63\u5728\u64e0\u58d3\u53ef\u81ea\u7531\u652f\u914d\u7684\u652f\u51fa\u3002<\/li><li>\u964d\u4f4e\u8cfc\u8cb7\u6a19\u6e96\uff0c\u9078\u64c7\u66f4\u4fbf\u5b9c\u7684\u66ff\u4ee3\u54c1<\/li><li>\u5404\u901a\u8def\u7684\u5eab\u5b58\u8abf\u6574<\/li><li>\u76e3\u7ba1\u5be9\u67e5\u548c\u5065\u5eb7\u610f\u8b58\u5ba3\u50b3\u6d3b\u52d5<\/li><\/ul><p>\u6b77\u53f2\u4e0a\uff0c\u9152\u985e\u80a1\u7968\u7684\u5927\u5e45\u4e0b\u8dcc\u901a\u5e38\u767c\u751f\u5728\u7d93\u6fdf\u5927\u8870\u9000\u6216\u6d88\u8cbb\u8005\u7dca\u7e2e\u6642\u671f\u3002<\/p><p>\u4f46\u9019\u6b21\u60c5\u6cc1\u6709\u6240\u4e0d\u540c\uff0c\u56e0\u70ba\u4e0b\u8dcc\u4f3c\u4e4e\u4e0d\u50c5\u8207\u7d93\u6fdf\u56e0\u7d20\u6709\u95dc\uff0c\u4e5f\u8207\u793e\u6703\u614b\u5ea6\u7684\u8f49\u8b8a\u6709\u95dc\u3002<\/p><p>\u6839\u64da<a href=\"https:\/\/www.forbes.com\/sites\/dougmelville\/2026\/01\/02\/is-the-world-going-sober-830-million-wiped-of-liquor-stocks-as-jim-beam-halts-output\/\" target=\"_blank\" rel=\"noopener nofollow\" title=\"\">\u300a\u5bcc\u6bd4\u58eb\u300b<\/a>\u5831\u9053\uff0c\u96a8\u8457\u98f2\u9152\u7fd2\u6163\u7684\u6539\u8b8a\uff0c\u5168\u7403\u9152\u985e\u80a1\u7968\u5e02\u503c\u5df2\u84b8\u767c\u8d85\u904e8,300\u5104\u7f8e\u5143\u3002<\/p><div style=\"height:25px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div><h2 class=\"wp-block-heading\" style=\"font-size:24px\">\u4e3b\u8981\u4e0a\u5e02\u98f2\u6599\u516c\u53f8\u80a1\u50f9\u4e0b\u8dcc<\/h2><p><a href=\"https:\/\/www.reuters.com\/business\/consumer-goods\/spirits-makers-squeezed-by-costs-and-demand-slowdown-2024-09-18\/\" target=\"_blank\" rel=\"noopener nofollow\" title=\"\">\u8def\u900f\u793e\u5831\u9053<\/a>\uff0c\u5118\u7ba1\u751f\u7522\u6210\u672c\u4e0d\u65b7\u4e0a\u6f32\uff0c\u4f46\u5927\u578b\u9152\u985e\u516c\u53f8\u537b\u9762\u81e8\u5229\u6f64\u7387\u4e0b\u6ed1\u7684\u56f0\u5883\u3002<\/p><p>\u9019\u4e00\u8da8\u52e2\u4e26\u975e\u50c5\u9650\u65bc\u5e1d\u4e9e\u5409\u6b50\u7684\u80a1\u50f9\u3002\u591a\u5bb6\u5168\u7403\u540c\u696d\u4e5f\u906d\u9047\u4e86\u5229\u6f64\u7387\u7e2e\u6c34\u548c\u92b7\u552e\u4e0b\u964d\u7684\u96d9\u91cd\u6253\u64ca\u3002<\/p><ul class=\"wp-block-list\"><li><strong>\u4fdd\u6a02\u529b\u52a0\uff08Pernod Ricard\uff0cRI\uff09<\/strong> \uff1a\u9019\u5bb6\u6cd5\u570b\u70c8\u9152\u96c6\u5718\u65d7\u4e0b\u64c1\u6709\u7d55\u5c0d\u4f0f\u7279\u52a0\uff08Absolut Vodka\uff09\u548c\u829d\u83ef\u58eb\uff08Chivas Regal\uff09\u7b49\u54c1\u724c\uff0c\u8fd1\u671f\u516c\u4f48\u5176\u5728\u4e2d\u570b\u548c\u7f8e\u570b\u9019\u5169\u500b\u9ad8\u7aef\u9152\u985e\u95dc\u9375\u5e02\u5834\u7684\u589e\u9577\u653e\u7de9\u3002\u6839\u64da<a href=\"https:\/\/drinksint.com\/news\/fullstory.php\/aid\/12193\/Pernod_Ricard_sales_slump_in_first_half_of_fiscal_year.html\" target=\"_blank\" rel=\"noopener nofollow\" title=\"\">\u300a\u570b\u969b\u98f2\u54c1\u300b\uff08Drinks International\uff09<\/a>\u5831\u9053\uff0c\u8a72\u516c\u53f82026\u8ca1\u5e74\u4e0a\u534a\u5e74\u6709\u6a5f\u92b7\u552e\u984d\u4e0b\u964d5.9%\uff0c\u5176\u4e2d\u7f8e\u570b\u92b7\u552e\u984d\u4e0b\u964d15%\uff0c\u7f8e\u6d32\u5730\u5340\u4e0b\u964d12%\u3002\u9019\u4e00\u4e0b\u6ed1\u53cd\u6620\u4e86\u9700\u6c42\u75b2\u8edf\u548c\u5eab\u5b58\u8abf\u6574\u589e\u52a0\uff0c\u5c0e\u81f4\u7d93\u5e38\u6027\u696d\u52d9\u5229\u6f64\u4e0b\u964d7.5%\u3002<\/li><li><strong>\u767e\u5a01\u82f1\u535a\uff08BUD\uff09\uff1a<\/strong>\u9019\u5bb6\u5168\u7403\u6700\u5927\u7684\u5564\u9152\u91c0\u9020\u5546\u5728\u591a\u500b\u5730\u5340\u9762\u81e8\u5564\u9152\u92b7\u552e\u4e0b\u6ed1\u7684\u56f0\u5883\uff0c\u540c\u6642\u4e5f\u9762\u81e8\u8457\u8072\u8b7d\u6311\u6230\u548c\u6d88\u8cbb\u8005\u53e3\u5473\u8b8a\u5316\u7684\u5f71\u97ff\u3002 <a href=\"https:\/\/www.barrons.com\/articles\/budweiser-abinbev-netflix-partnership-sales-5f73f08f\" target=\"_blank\" rel=\"noopener nofollow\" title=\"\">\u6839\u64da\u300a\u5df4\u502b\u5468\u520a\u300b\u5831\u9053<\/a>\uff0c\u767e\u5a01\u82f1\u535a2025\u5e74\u7684\u5168\u7403\u5564\u9152\u92b7\u552e\u91cf\u9810\u8a08\u5c07\u4e0b\u964d2%\uff0c\u5176\u4e2d\u4e2d\u570b\u548c\u5df4\u897f\u7b49\u4e3b\u8981\u5e02\u5834\u7684\u75b2\u8edf\u8868\u73fe\u7279\u5225\u7a81\u51fa\u3002<\/li><li> <strong>LVMH\uff08\u9169\u6085\u8ed2\u5c3c\u8a69\u96c6\u5718\uff09<\/strong> \uff1a\u5118\u7ba1LVMH\u5728\u5962\u4f88\u54c1\u9818\u57df\u4fdd\u6301\u591a\u5143\u5316\u7d93\u71df\uff0c\u4f46\u5176\u8461\u8404\u9152\u548c\u70c8\u9152\u696d\u52d9\u7684\u9700\u6c42\u6709\u6240\u75b2\u8edf\uff0c\u5c24\u5176\u662f\u4e7e\u9091\u548c\u9999\u6ab3\u3002\u8a72\u90e8\u9580\u5728<a href=\"https:\/\/www.lvmh.com\/static\/letter-to-shareholders-january-2025\/wines-and-spirits.html\" target=\"_blank\" rel=\"noopener nofollow\" title=\"\">\u8ca1\u52d9\u5831\u544a<\/a>\u4e2d\u9810\u6e2c\uff0c2025\u5e74\u6709\u6a5f\u6536\u5165\u5c07\u4e0b\u964d8%\uff0c\u7d93\u5e38\u6027\u696d\u52d9\u5229\u6f64\u5c07\u5927\u5e45\u4e0b\u964d36%\u3002<\/li><\/ul><p>\u7e3d\u9ad4\u800c\u8a00\uff0c\u9019\u4e9b\u4e0b\u6ed1\u8868\u660e\u6574\u500b\u884c\u696d\u589e\u9577\u653e\u7de9\uff0c\u800c\u4e0d\u662f\u500b\u5225\u516c\u53f8\u7684\u554f\u984c\u3002<\/p><div style=\"height:25px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div><!-- TradingView Widget BEGIN --><div class=\"tradingview-widget-container\"><div class=\"tradingview-widget-container__widget\"><\/div><div class=\"tradingview-widget-copyright\"> TradingView\u63d0\u4f9b\u7684<a href=\"www.vtmarkets.com\/trade-now?utm_source=Opinion\" rel=\"noopener nofollow\" target=\"_blank\"><span class=\"blue-text\">\u4eca\u65e5<\/span><\/a><span class=\"trademark\">\u4f5b\u8499\u7279\u5dde<\/span>\u5e02\u5834\u4fe1\u606f<\/div><script type=\"text\/javascript\" src=\"https:\/\/s3.tradingview.com\/external-embedding\/embed-widget-tickers.js\" async>  {  \"symbols\": [    {      \"proName\": \"EURONEXT:RI\",      \"title\": \"Pernod Ricard\"    },    {      \"proName\": \"NYSE:BUD\",      \"title\": \"Anheuser-Busch InBev\"    },    {      \"proName\": \"TSX:LVMH\",      \"title\": \"LVMH\"    }  ],  \"colorTheme\": \"dark\",  \"locale\": \"en\",  \"largeChartUrl\": \"\",  \"isTransparent\": false,  \"showSymbolLogo\": true}  <\/script><\/div><!-- TradingView Widget END --><div style=\"height:25px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div><h2 class=\"wp-block-heading\" style=\"font-size:24px\">\u6d88\u8cbb\u8005\u884c\u70ba\u9010\u6f38\u660e\u6717<\/h2><p>\u6d88\u8cbb\u54c1\u516c\u53f8\u975e\u5e38\u4f9d\u8cf4\u5176\u7522\u54c1\u8207\u65e5\u5e38\u751f\u6d3b\u548c\u793e\u6703\u8a8d\u540c\u7684\u6df1\u5ea6\u878d\u5408\u3002<\/p><p>\u9152\u7cbe\u9577\u671f\u4ee5\u4f86\u4f54\u64da\u8457\u91cd\u8981\u7684\u6587\u5316\u5730\u4f4d\uff0c\u4f46\u9019\u7a2e\u5730\u4f4d\u4f3c\u4e4e\u6b63\u5728\u6539\u8b8a\u3002<\/p><p>\u5e02\u5834\u4e5f\u5728\u4e0d\u65b7\u6f14\u8b8a\uff0c\u4eba\u5011\u6d88\u8cbb\u548c\u793e\u4ea4\u65b9\u5f0f\u7684\u672a\u4f86\u53ef\u80fd\u6703\u8207\u904e\u53bb\u622a\u7136\u4e0d\u540c\u3002<\/p><div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div><h3 class=\"wp-block-heading\"><strong>\u5065\u5eb7\u7d93\u6fdf\u7684\u8208\u8d77<\/strong><\/h3><p>\u5065\u5eb7\u7684\u751f\u6d3b\u65b9\u5f0f\u8d8a\u4f86\u8d8a\u53d7\u6b61\u8fce\uff0c\u5c24\u5176\u662f\u5728\u5e74\u8f15\u4eba\u7fa4\u9ad4\u4e2d\u3002<\/p><p>\u6e1b\u5c11\u9152\u7cbe\u651d\u53d6\u91cf\u8207\u4eba\u5011\u8ffd\u6c42\u5065\u8eab\u3001\u5fc3\u7406\u5065\u5eb7\u548c\u9577\u58fd\u7684\u66f4\u5ee3\u6cdb\u8da8\u52e2\u76f8\u7b26\u3002<\/p><p>\u6839\u64da<a href=\"https:\/\/www.forbes.com\/sites\/garthfriesen\/2025\/07\/08\/alcohol-stocks-tumble-as-health-and-cannabis-trends-surge\/\" target=\"_blank\" rel=\"noopener nofollow\" title=\"\">\u300a\u5bcc\u6bd4\u58eb\u300b<\/a>\u5831\u9053\uff0c\u5065\u5eb7\u6f6e\u6d41\u7684\u8208\u8d77\u6b63\u5728\u964d\u4f4e\u5e74\u8f15\u6d88\u8cbb\u8005\u7684\u9152\u7cbe\u651d\u53d6\u91cf\u3002<\/p><div style=\"height:25px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div><h3 class=\"wp-block-heading\"><strong>\u66f4\u591a\u7cbe\u5fc3\u7b56\u5283\u7684\u6176\u795d\u6d3b\u52d5<\/strong><\/h3><p>\u6d88\u8cbb\u8005\u4e0d\u518d\u5b8c\u5168\u653e\u68c4\u9152\u7cbe\uff0c\u800c\u662f\u8b8a\u5f97\u66f4\u6709\u9078\u64c7\u5730\u8cfc\u8cb7\u3002<\/p><p>\u8a31\u591a\u4eba\u9078\u64c7\u8cfc\u8cb7\u6578\u91cf\u8f03\u5c11\u4f46\u54c1\u8cea\u8f03\u9ad8\u7684\u9152\uff0c\u6216\u5c07\u98f2\u9152\u6d88\u8cbb\u7559\u5230\u7279\u6b8a\u5834\u5408\u3002<\/p><p>\u8a31\u591a\u6d88\u8cbb\u8005\u73fe\u5728\u66f4\u559c\u6b61\u53bb\u63d0\u4f9b\u7cbe\u5fc3\u8a2d\u8a08\u7684\u9152\u55ae\u3001\u5275\u610f\u96de\u5c3e\u9152\u6216\u7368\u7279\u98f2\u9152\u9ad4\u9a57\uff08\u4f8b\u5982\u5a01\u58eb\u5fcc\u54c1\u5690\u3001\u8461\u8404\u9152\u642d\u914d\uff09\u7684\u9ad8\u6a94\u9152\u5427\u6216\u9910\u5ef3\u3002<\/p><p>\u6b64\u5916\uff0c\u300c\u7d30\u54c1\u98f2\u9152\u300d\u4e5f\u8d8a\u4f86\u8d8a\u53d7\u6b61\u8fce\uff0c\u6d88\u8cbb\u8005\u8a3b\u91cd\u54c1\u5473\u548c\u6b23\u8cde\u81ea\u5df1\u9078\u64c7\u7684\u9152\uff0c\u800c\u4e0d\u662f\u76f2\u76ee\u5730\u98f2\u9152\u3002<\/p><div style=\"height:25px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div><h3 class=\"wp-block-heading\">\u8f49\u5411\u66ff\u4ee3\u65b9\u6848<\/h3><p>\u5e74\u8f15\u6d88\u8cbb\u8005\u6b63\u5728\u5617\u8a66\u5404\u7a2e\u66ff\u4ee3\u54c1\uff0c\u5f9e\u7121\u9152\u7cbe\u98f2\u6599\u5230\u5176\u4ed6\u4f11\u9592\u7522\u54c1\u3002<\/p><p>\u9019\u7a2e\u8f49\u8b8a\u6311\u6230\u4e86\u9152\u7cbe\u9700\u6c42\u5728\u4e0d\u540c\u4e16\u4ee3\u9593\u4fdd\u6301\u7a69\u5b9a\u7684\u50b3\u7d71\u89c0\u5ff5\u3002<\/p><p>\u6b64\u5916\uff0c\u4ee5\u5065\u5eb7\u70ba\u5c0e\u5411\u7684\u9152\u7cbe\u66ff\u4ee3\u54c1\uff0c\u5982\u5eb7\u666e\u8336\u3001CBD \u98f2\u6599\u548c\u7121\u9152\u7cbe\u70c8\u9152\uff08\u5982 Seedlip \u6216 Ritual Zero Proof \u7b49\u516c\u53f8\u7684\u7522\u54c1\uff09\u8d8a\u4f86\u8d8a\u53d7\u6b61\u8fce\uff0c\u8fce\u5408\u4e86\u90a3\u4e9b\u65e2\u60f3\u907f\u514d\u9152\u7cbe\u7684\u8ca0\u9762\u5f71\u97ff\uff0c\u53c8\u60f3\u53c3\u8207\u793e\u4ea4\u6d3b\u52d5\u7684\u7fa4\u9ad4\u3002<\/p><div style=\"height:25px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div><h2 class=\"wp-block-heading\" style=\"font-size:24px\">\u628a\u63e1CFD\u6a5f\u9047<\/h2><p>\u9577\u671f\u6295\u8cc7\u8005\u6216\u8a31\u6703\u5c07\u5e02\u5834\u4e0b\u8dcc\u8996\u70ba\u8b66\u793a\u8a0a\u865f\uff0c\u4f46\u4ea4\u6613\u8005\u5f80\u5f80\u66f4\u95dc\u6ce8\u6ce2\u52d5\u6027\u548c\u65b9\u5411\u6027\u8da8\u52e2\u3002<\/p><p>\u5dee\u50f9\u5408\u7d04\u4ea4\u6613\u5141\u8a31\u6295\u8cc7\u8005\u53c3\u8207\u4e0a\u6f32\u548c\u4e0b\u8dcc\u7684\u5e02\u5834\uff0c\u9019\u5728\u884c\u696d\u75b2\u8edf\u6642\u671f\u53ef\u4ee5\u5275\u9020\u4ea4\u6613\u6a5f\u6703\u3002<\/p><div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div><h3 class=\"wp-block-heading has-medium-font-size\">\u7c21\u55ae\u57fa\u790e\u77e5\u8b58\uff1a<\/h3><ul class=\"wp-block-list\"><li>\u8ffd\u8e64\u8f49\u76e4\u50f9\u683c\u8b8a\u5316<\/li><li>\u5982\u679c\u5e1d\u4e9e\u5409\u6b50\u80a1\u50f9\u6301\u7e8c\u4e0b\u8dcc\uff0c\u5247\u53ef\u505a\u7a7a\u3002<\/li><li>\u7121\u9700\u6301\u6709\u80a1\u7968\u5373\u53ef\u5f9e\u80a1\u50f9\u4e0b\u8dcc\u4e2d\u7372\u5229<\/li><li>\u9069\u5408\u95dc\u6ce8\u79d1\u6280\u8da8\u52e2\u7684\u4ea4\u6613\u8005<\/li><\/ul><div style=\"height:25px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div><h3 class=\"wp-block-heading has-medium-font-size\">\u6d3b\u8e8d\u4ea4\u6613\u8005\u5982\u4f55\u61c9\u5c0d\u4ea4\u6613\u6ce2\u52d5<\/h3><ul class=\"wp-block-list\"><li>\u8ca1\u5831\u767c\u5e03\u524d\u5f8c\u7684\u7b56\u7565<\/li><li>\u5f9e\u56e0\u7e3e\u6548\u6307\u5f15\u8abf\u6574\u6216\u9700\u6c42\u9810\u671f\u4fee\u6b63\u800c\u5f15\u767c\u7684\u5287\u70c8\u5e02\u5834\u6ce2\u52d5\u4e2d\u7372\u5229\u3002<\/li><li>\u7531\u65bc\u53cd\u61c9\u4e0d\u53ef\u9810\u6e2c\uff0c\u9700\u8981\u8b39\u614e\u9032\u884c\u98a8\u96aa\u7ba1\u7406\u3002<\/li><\/ul><div style=\"height:25px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div><h3 class=\"wp-block-heading has-medium-font-size\">\u6df1\u5165\u63a2\u8a0e\u6d88\u8cbb\u8005\u4f4e\u8ff7\u4e3b\u984c<\/h3><ul class=\"wp-block-list\"><li>\u505a\u7a7a\u975e\u5fc5\u9700\u6d88\u8cbb\u54c1\u6216\u9152\u985e\u80a1\u7968\u7d44\u5408<\/li><li>\u8f03\u5f31\u548c\u8f03\u5f37\u6d88\u8cbb\u65cf\u7fa4\u4e4b\u9593\u7684\u914d\u5c0d\u4ea4\u6613<\/li><li>\u4f7f\u7528\u96f6\u552e\u984d\u548c\u6d88\u8cbb\u8005\u4fe1\u5fc3\u7b49\u5b8f\u89c0\u6307\u6a19<\/li><\/ul><p>\u60f3\u8ffd\u8e64\u6d88\u8cbb\u5fc5\u9700\u54c1\u677f\u584a\u7684\u50f9\u683c\u8d70\u52e2\u55ce\uff1f<\/p><p>\u4e0b\u8f09<a href=\"https:\/\/www.vtmarkets.com\/vt-markets-app\/\" target=\"_blank\" rel=\"noopener\" title=\"\">VT Markets \u61c9\u7528\u7a0b\u5e8f<\/a>\uff0c\u5373\u53ef\u5373\u6642\u76e3\u63a7\u5e1d\u4e9e\u5409\u6b50 (DEO) \u548c\u5176\u4ed6\u5962\u4f88\u54c1\u6d88\u8cbb\u677f\u584a\u7684\u5dee\u50f9\u5408\u7d04 (CFD) \u50f9\u683c\u52d5\u614b\u3002<\/p><div style=\"height:25px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div><h2 class=\"wp-block-heading\" style=\"font-size:24px\">\u6587\u5316\u8207\u7d93\u6fdf\u540c\u7b49\u91cd\u8981<\/h2><p>\u5e1d\u4e9e\u5409\u6b50\u80a1\u50f9\u8fd1\u671f\u7684\u4e0b\u8dcc\u51f8\u986f\u4e86\u4e00\u500b\u95dc\u9375\u9ede\u3002<\/p><p>\u5e02\u5834\u4e0d\u50c5\u5c0d\u77ed\u671f\u7372\u5229\u58d3\u529b\u505a\u51fa\u53cd\u61c9\uff0c\u4e5f\u5c0d\u672a\u4f86\u6d88\u8cbb\u6a21\u5f0f\u7684\u4e0d\u78ba\u5b9a\u6027\u505a\u51fa\u53cd\u61c9\uff0c\u56e0\u70ba\u793e\u4ea4\u3001\u5065\u5eb7\u548c\u4eab\u53d7\u4e4b\u9593\u7684\u754c\u7dda\u8b8a\u5f97\u8d8a\u4f86\u8d8a\u6a21\u7cca\u3002<\/p><p>\u5c0d\u65bc\u9577\u671f\u6295\u8cc7\u8005\u800c\u8a00\uff0c\u95dc\u9375\u554f\u984c\u5728\u65bc\u50cf\u5e1d\u4e9e\u5409\u6b50\u9019\u6a23\u7684\u516c\u53f8\u80fd\u5426\u900f\u904e\u5275\u65b0\u3001\u63a8\u51fa\u65b0\u7522\u54c1\u985e\u5225\u6216\u62d3\u5c55\u6210\u9577\u578b\u5e02\u5834\u4f86\u9069\u61c9\u5e02\u5834\u8b8a\u5316\u3002<\/p><p>\u5373\u5c07\u767c\u5e03\u7684\u8ca1\u5831\u3001\u7b56\u7565\u6c7a\u7b56\u548c\u8cc7\u7522\u8ca0\u50b5\u8868\u7ba1\u7406\u5c07\u63d0\u4f9b\u91cd\u8981\u7684\u8a0a\u865f\u3002<\/p><p>\u7136\u800c\uff0c\u5c0d\u65bc\u4ea4\u6613\u8005\u800c\u8a00\uff0c\u7d50\u69cb\u6027\u4e0d\u78ba\u5b9a\u6642\u671f\u5f80\u5f80\u6703\u5275\u9020\u6700\u5177\u6d3b\u529b\u7684\u6a5f\u6703\u3002<\/p><p>\u4e16\u754c\u7a76\u7adf\u662f\u8b8a\u5f97\u66f4\u52a0\u7406\u6027\uff0c\u9084\u662f\u50c5\u50c5\u5728\u75ab\u60c5\u671f\u9593\u6d88\u8cbb\u6fc0\u589e\u5f8c\u505a\u51fa\u8abf\u6574\uff0c\u76ee\u524d\u5c1a\u4e0d\u5f97\u800c\u77e5\u3002<\/p><p>\u4f46\u53ef\u4ee5\u80af\u5b9a\u7684\u662f\uff0c\u9152\u985e\u7522\u696d\u5df2\u4e0d\u518d\u662f\u66fe\u7d93\u7684\u907f\u98a8\u6e2f\u3002<\/p><div style=\"height:25px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div><h2 class=\"wp-block-heading\" style=\"font-size:24px\">\u5e38\u554f\u554f\u984c\uff1a <\/h2><h3 class=\"wp-block-heading has-medium-font-size\"> 1. \u4ec0\u9ebc\u662f\u6d88\u8cbb\u9632\u79a6\u578b\u80a1\u7968\uff1f<\/h3><p>\u751f\u7522\u98df\u54c1\u3001\u98f2\u6599\u3001\u5bb6\u5c45\u53ca\u500b\u4eba\u8b77\u7406\u7528\u54c1\u3001\u5305\u88dd\u6216\u83f8\u8349\u7684\u516c\u53f8\uff0c\u4ee5\u53ca\u63d0\u4f9b\u6559\u80b2\u8a13\u7df4\u7b49\u670d\u52d9\u7684\u516c\u53f8\uff0c\u90fd\u5c6c\u65bc\u8a72\u884c\u696d\u3002<\/p><p>\u83f2\u5229\u666e\u83ab\u91cc\u65af\u570b\u969b\u516c\u53f8\u3001\u5bf6\u6f54\u516c\u53f8\u548c\u6c83\u723e\u746a\u7b49\u516c\u53f8\u90fd\u5c6c\u65bc\u9019\u500b\u884c\u696d\u3002<\/p><div style=\"height:25px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div><h3 class=\"wp-block-heading has-medium-font-size\"> 2. \u5e1d\u4e9e\u5409\u6b50\u7684\u80a1\u50f9\u70ba\u4f55\u4e0b\u8dcc\uff1f\u9019\u5c0d\u5dee\u50f9\u5408\u7d04\u4ea4\u6613\u6709\u4f55\u5f71\u97ff\uff1f<\/h3><p>\u7531\u65bc\u9ad8\u7aef\u70c8\u9152\u9700\u6c42\u4e0b\u964d\u3001\u751f\u7522\u6210\u672c\u4e0a\u5347\u4ee5\u53ca\u4e3b\u8981\u5e02\u5834\u5eab\u5b58\u904e\u5269\uff0c\u5e1d\u4e9e\u5409\u6b50\u7684\u80a1\u50f9\u6b63\u9762\u81e8\u4e0b\u884c\u58d3\u529b\u3002<\/p><p>\u5c0d\u65bc\u5dee\u50f9\u5408\u7d04\u4ea4\u6613\u8005\u800c\u8a00\uff0c\u5982\u679c\u4e0b\u884c\u52e2\u982d\u6301\u7e8c\uff0c\u9019\u5c07\u5275\u9020\u505a\u7a7a\u5e1d\u4e9e\u5409\u6b50\u7684\u6a5f\u6703\uff0c\u4f7f\u4ed6\u5011\u80fd\u5920\u5728\u4e0d\u6301\u6709\u80a1\u7968\u7684\u60c5\u6cc1\u4e0b\u5f9e\u80a1\u50f9\u4e0b\u8dcc\u4e2d\u7372\u5229\u3002<\/p><div style=\"height:25px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div><h3 class=\"wp-block-heading has-medium-font-size\"> 3. \u4ec0\u9ebc\u662f\u5b8f\u89c0\u7d93\u6fdf\u6307\u6a19\uff1f\u70ba\u4ec0\u9ebc\u5b83\u5011\u5c0d\u4ea4\u6613\u8005\u5f88\u91cd\u8981\uff1f<\/h3><p>\u5b8f\u89c0\u7d93\u6fdf\u6307\u6a19\uff0c\u4f8b\u5982\u96f6\u552e\u984d\u3001\u6d88\u8cbb\u8005\u4fe1\u5fc3\u6307\u6578\u548c\u901a\u8ca8\u81a8\u8139\u7387\uff0c\u80fd\u5920\u53cd\u6620\u7d93\u6fdf\u7684\u6574\u9ad4\u5065\u5eb7\u3002<\/p><p>\u9019\u4e9b\u6307\u6a19\u5c0d\u4ea4\u6613\u8005\u81f3\u95dc\u91cd\u8981\uff0c\u56e0\u70ba\u5b83\u5011\u53ef\u4ee5\u9810\u793a\u6d88\u8cbb\u8005\u884c\u70ba\u7684\u8b8a\u5316\uff0c\u800c\u6d88\u8cbb\u8005\u884c\u70ba\u7684\u8b8a\u5316\u6703\u76f4\u63a5\u5f71\u97ff\u6d88\u8cbb\u54c1\u7b49\u7522\u696d\u3002<\/p><p>\u4e86\u89e3\u9019\u4e9b\u8da8\u52e2\u6709\u52a9\u65bc\u4ea4\u6613\u8005\u505a\u51fa\u660e\u667a\u7684\u80a1\u7968\u8cb7\u8ce3\u6c7a\u7b56\u3002<\/p><div style=\"height:25px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div><h3 class=\"wp-block-heading has-medium-font-size\"> 4. \u70ba\u4ec0\u9ebc\u9152\u7cbe\u7522\u696d\u7684\u5229\u6f64\u7387\u548c\u92b7\u552e\u91cf\u90fd\u5728\u4e0b\u964d\uff1f\u9019\u5c0d\u5e1d\u4e9e\u5409\u6b50\u5dee\u50f9\u5408\u7d04\u4ea4\u6613\u6709\u4f55\u5f71\u97ff\uff1f<\/h3><p>\u751f\u7522\u6210\u672c\u4e0a\u5347\u3001\u4fc3\u92b7\u6d3b\u52d5\u589e\u52a0\u4ee5\u53ca\u532f\u7387\u6ce2\u52d5\u6b63\u5728\u64e0\u58d3\u9152\u985e\u751f\u7522\u5546\u7684\u5229\u6f64\u7a7a\u9593\u3002<\/p><p>\u5c0d\u5dee\u50f9\u5408\u7d04\u4ea4\u6613\u8005\u800c\u8a00\uff0c\u9019\u7a2e\u58d3\u529b\u53ef\u80fd\u9810\u793a\u8457\u5e1d\u4e9e\u5409\u6b50\u80a1\u50f9\u5c07\u6301\u7e8c\u4e0b\u8dcc\uff0c\u5982\u679c\u9019\u7a2e\u8da8\u52e2\u6301\u7e8c\u4e0b\u53bb\uff0c\u5e1d\u4e9e\u5409\u6b50\u5c07\u6210\u70ba\u505a\u7a7a\u7684\u7406\u60f3\u76ee\u6a19\u3002<\/p>\n\n\n<p><strong>\u7acb\u5373\u958b\u59cb\u4ea4\u6613\uff0d\u9ede\u64ca<a href=\"https:\/\/www.vtmarketsglobal.com\/trade-now.html\">\u9019\u88e1<\/a>\u5efa\u7acb\u60a8\u7684VT Markets\u771f\u5be6\u5e33\u865f\u3002 <\/strong><\/p>\n<!-- \/wp:post-content -->","protected":false},"excerpt":{"rendered":"<p>\u5e1d\u4e9e\u5409\u6b50\u80a1\u50f9\u8fd1\u5e74\u8d70\u5f31\uff0c\u53cd\u6620\u5168\u7403\u9152\u985e\u9700\u6c42\u653e\u7de9\u3001\u5eab\u5b58\u8abf\u6574\u3001\u6210\u672c\u4e0a\u5347\u8207\u9ad8\u7aef\u70c8\u9152\u75b2\u8edf\uff1b\u540c\u696d\u4ea6\u53d7\u58d3\u3002\u5065\u5eb7\u3001\u7bc0\u5236\u8207\u66ff\u4ee3\u54c1\u5d1b\u8d77\uff0c\u52d5\u6416\u9632\u79a6\u5c6c\u6027\uff0c\u4ea6\u5e36\u4f86CFD\u6ce2\u52d5\u4ea4\u6613\u6a5f\u6703\u3002<\/p>\n","protected":false},"author":106,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[19],"tags":[],"class_list":["post-47926","post","type-post","status-publish","format-standard","hentry","category-opinion"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/zh-ca\/wp-json\/wp\/v2\/posts\/47926","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/zh-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/zh-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh-ca\/wp-json\/wp\/v2\/users\/106"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh-ca\/wp-json\/wp\/v2\/comments?post=47926"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/zh-ca\/wp-json\/wp\/v2\/posts\/47926\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/zh-ca\/wp-json\/wp\/v2\/media?parent=47926"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh-ca\/wp-json\/wp\/v2\/categories?post=47926"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh-ca\/wp-json\/wp\/v2\/tags?post=47926"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}