{"id":51418,"date":"2026-07-07T02:29:51","date_gmt":"2026-07-07T02:29:51","guid":{"rendered":"https:\/\/www.vtmarkets.com\/zh\/uncategorized\/51418\/"},"modified":"2026-07-07T02:29:51","modified_gmt":"2026-07-07T02:29:51","slug":"bny%e6%8c%87%e4%b8%ad%e5%9c%8b%e8%b3%87%e7%94%a2%e9%85%8d%e7%bd%ae%e5%81%8f%e4%bd%8e%ef%bc%8c%e6%9c%9f%e6%ac%8a%e5%b8%82%e5%a0%b4%e5%b7%b2%e5%8f%8d%e6%98%a0%e5%88%ba%e6%bf%80%e6%94%bf%e7%ad%96","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/zh\/live-updates\/51418\/","title":{"rendered":"BNY\u6307\u4e2d\u570b\u8cc7\u7522\u914d\u7f6e\u504f\u4f4e\uff0c\u671f\u6b0a\u5e02\u5834\u5df2\u53cd\u6620\u523a\u6fc0\u653f\u7b56\u6216\u5e36\u52d5\u53cd\u5f48\u7684\u9810\u671f"},"content":{"rendered":"

BNY \u8868\u793a\uff0c\u76f8\u5c0d\u4e9e\u592a\u5340\uff08APAC\uff09\u540c\u696d\uff0c\u4e2d\u570b\u80a1\u7968\u53ca\u4eba\u6c11\u5e63\uff08CNY\uff09\u76ee\u524d\u4ecd\u5c6c\u56b4\u91cd\u300c\u6301\u5009\u4e0d\u8db3\u300d\uff08under-owned\uff09\uff0c\u8de8\u5883\u6301\u5009\u66f4\u88ab\u5f62\u5bb9\u70ba\u300c\u975e\u5e38\u4f4e\u300d\u3002\u8a72\u884c\u88dc\u5145\uff0c\u4eba\u6c11\u5e63\u662f\u4e9e\u592a\u5340\u6301\u5009\u6700\u4e0d\u8db3\u7684\u8ca8\u5e63\uff1b\u5118\u7ba1\u8cc7\u91d1\u6d41\u6578\u64da\u5df2\u4e0d\u518d\u6307\u5411\u6fc0\u9032\u62cb\u552e\uff0c\u4f46\u53ef\u898b\u5e02\u5834\u5728\u80a1\u7968\u3001\u5916\u532f\u53ca\u56fa\u6536\u5c64\u9762\u5747\u5df2\u5c0d\u4e2d\u570b\u9032\u884c\u53bb\u98a8\u96aa\uff08de-risk\uff09\u3002<\/p>\n

\u8a72\u884c\u4ea6\u6307\u51fa\uff0c\u57fa\u790e\u9762\u80cc\u666f\u4ecd\u672a\u5b8c\u5168\u7406\u9806\uff0c\u8a8d\u70ba\u6578\u64da\u3001\u76c8\u5229\u53ca\u653f\u7b56\u843d\u5be6\u4ecd\u6709\u6539\u5584\u7a7a\u9593\u3002\u5373\u4fbf\u5982\u6b64\uff0c\u96f6\u552e\u8cc7\u91d1\u6d41\u3001\u6301\u5009\u57fa\u6578\uff0c\u4ee5\u53ca\u5e02\u5834\u5c0d\u523a\u6fc0\u63aa\u65bd\u8a0e\u8ad6\u5347\u6eab\u7b49\u56e0\u7d20\uff0c\u6216\u53ef\u652f\u6301\u5009\u4f4d\u51fa\u73fe\u8f49\u5411\uff1b\u82e5\u57fa\u672c\u9762\u8da8\u65bc\u7a69\u5b9a\u6216\u653f\u7b56\u652f\u6301\u5177\u53ef\u4fe1\u5ea6\uff0c\u6216\u6703\u63a8\u52d5\u6295\u8cc7\u8005\u5728\u76ee\u524d\u504f\u4f4e\u7684\u6301\u5009\u6c34\u5e73\u4e0a\uff0c\u6eab\u548c\u91cd\u5efa\u4e2d\u570b\u655e\u53e3\u3002<\/p>\n

Current Positioning and Market Dynamics<\/h3>\n

\u9451\u65bc\u8de8\u5883\u6301\u5009\u8655\u65bc\u6975\u4f4e\u6c34\u5e73\uff0c\u6211\u5011\u8a8d\u70ba\u4e00\u500b\u5177\u5438\u5f15\u529b\u7684\u90e8\u7f72\u6b63\u5728\u5f62\u6210\u3002\u5916\u8cc7\u5c0d\u4e2d\u570b\u8cc7\u7522\u7684\u6301\u5009\u5df2\u88ab\u7cfb\u7d71\u6027\u524a\u6e1b\uff0c\u610f\u5473\u5e02\u5834\u4e0d\u518d\u70ba\u9032\u4e00\u6b65\u58de\u6d88\u606f\u4f5c\u51fa\u5009\u4f4d\u914d\u7f6e\u3002\u6700\u65b0\u6578\u64da\u986f\u793a\uff0c2026\u5e746\u6708\u7d93\u7531\u6eec\u6df1\u6e2f\u901a\uff08Stock Connect\uff09\u6d41\u51faA\u80a1\u7684\u6de8\u6d41\u51fa\u653e\u7de9\u81f3\u50c520\u5104\u7f8e\u5143\uff0c\u8f03\u5e74\u521d\u7684\u6c89\u91cd\u6cbd\u552e\u986f\u8457\u4e0b\u964d\u3002<\/p>\n

\u9019\u7a2e\u666e\u904d\u4f4e\u914d\u72c0\u614b\u610f\u5473\u4efb\u4f55\u6b63\u9762\u50ac\u5316\u5291\u90fd\u53ef\u80fd\u5c0d\u4eba\u6c11\u5e63\u5e36\u4f86\u653e\u5927\u6548\u61c9\u3002\u7f8e\u5143\u514c\u4eba\u6c11\u5e63\uff08USD\/CNY\uff09\u76ee\u524d\u5f98\u5f8a\u65bc7.35\u9644\u8fd1\uff0c\u6211\u5011\u8a8d\u70ba\u8cb7\u5165\u77ed\u5e74\u671f\u96e2\u5cb8\u4eba\u6c11\u5e63\uff08CNH\uff09\u770b\u6f32\u671f\u6b0a\uff08call\uff09\uff0c\u5230\u671f\u65e5\u70ba2026\u5e749\u6708\uff0c\u662f\u4e00\u7a2e\u4f4e\u6210\u672c\u6355\u6349\u653f\u7b56\u610f\u5916\u7684\u90e8\u7f72\u65b9\u5f0f\u3002\u8a72\u7b56\u7565\u98a8\u96aa\u53ef\u63a7\uff0c\u540c\u6642\u53ef\u5728\u60c5\u7dd2\u5373\u4f7f\u50c5\u51fa\u73fe\u6eab\u548c\u8f49\u5411\u6642\u628a\u63e1\u4e0a\u884c\u6f5b\u529b\u3002<\/p>\n

Opportunities for Rebound and Policy Catalysts<\/h3>\n

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\u95dc\u9375\u5728\u65bc\uff0c\u5e02\u5834\u5b9a\u50f9\u53cd\u6620\u5c0d\u6301\u7e8c\u5931\u671b\u7684\u9810\u671f\uff0c\u4ee4\u65b0\u5efa\u7acb\u7684\u9577\u5009\u5448\u73fe\u4e0d\u5c0d\u7a31\u98a8\u96aa\u56de\u5831\u3002\u5e02\u5834\u5c0d\u7b2c\u4e09\u5b63\u4e0b\u8abf\u5b58\u6b3e\u6e96\u5099\u91d1\u7387\uff08RRR\uff09\u7684\u8a0e\u8ad6\u6108\u8da8\u5347\u6eab\uff1b\u4e00\u65e6\u653f\u7b56\u843d\u5730\u5177\u53ef\u4fe1\u5ea6\uff0c\u6216\u6703\u8feb\u4f7f\u4f4e\u914d\u6295\u8cc7\u8005\u8ffd\u5165\uff0c\u63a8\u9ad8\u5e02\u50f9\u3002\u6b77\u53f2\u4e0a\uff0c2016\u5e74\u53ca2022\u5e74\u672b\u7b49\u6975\u5ea6\u60b2\u89c0\u6642\u671f\uff0c\u4e00\u65e6\u653f\u7b56\u652f\u6301\u8b8a\u5f97\u6e05\u6670\uff0c\u5f80\u5f80\u96a8\u5373\u51fa\u73fe\u6025\u901f\u800c\u51cc\u53b2\u7684\u53cd\u5f48\u3002<\/p>\n\n\n\n

\u7acb\u5373\u958b\u59cb\u4ea4\u6613 \u2014 \u9ede\u64ca\u6b64\u8655<\/a>\u958b\u8a2d\u60a8\u7684 VT Markets \u771f\u5be6\u8cec\u6236\u3002<\/b>\n\n<\/p>","protected":false},"excerpt":{"rendered":"

BNY\uff1a\u4e2d\u8cc7\u80a1\u53ca\u4eba\u6c11\u5e63\u5728APAC\u56b4\u91cd\u4f4e\u914d\u3001\u8de8\u5883\u5009\u4f4d\u6975\u4f4e\uff1b\u6e2f\u80a1\u901a\/\u6eec\u6df1\u6e2f\u901a\u5916\u6d41\u653e\u7de9\u3002\u82e5RRR\u7b49\u523a\u6fc0\u843d\u5730\u53ef\u4fe1\uff0c\u77edCNH call\u53ca\u4e2d\u570bETF call\u6216\u6355\u6349\u53cd\u5f48\u3002<\/p>\n","protected":false},"author":87,"featured_media":50621,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[],"class_list":["post-51418","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/posts\/51418","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/users\/87"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/comments?post=51418"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/posts\/51418\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/media\/50621"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/media?parent=51418"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/categories?post=51418"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/tags?post=51418"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}