<section style="line-height: 1.6em;text-align: justify;margin: 0px 0px 24px;text-indent: 0em;"><span style="text-decoration: underline;font-size: 20px;"><strong><span style="font-size: 20px;text-decoration: underline;font-family: mp-quote, "PingFang SC", system-ui, -apple-system, BlinkMacSystemFont, "Helvetica Neue", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.578px;text-indent: 0em;">ã大çææ°ãæ¿çæåºç¼©éä¼ç¨³ï¼ç»ææ§è¡æ 主导</span></strong></span></section><section style="line-height: 1.6em;text-align: justify;margin: 0px 0px 24px;text-indent: 0em;"><strong><span style="letter-spacing: 0.578px;text-decoration: none;font-size: 18px;">1. éä»·ææ </span></strong></section><section style="line-height: 1.6em;text-align: justify;margin: 0px 0px 24px;text-indent: 0em;"><span style="font-size: 17px;letter-spacing: 0.578px;text-decoration: none;">éè½ï¼1ææ°æ¿æ交48.84ä¸ã¡ï¼åæ¯+8.13%ï¼ï¼2æä¸åæåæ¥èæ°å¨ç¼©éè³2585å¥ï¼åæ¯-58.7%ï¼ï¼éè½åç°"èåæ¾éå²é«âèä¸å°ééè¡âèå温åè¡¥é"ç¹å¾ã </span></section><section style="line-height: 1.6em;text-align: justify;margin: 0px 0px 24px;text-indent: 0em;"><span style="font-size: 17px;letter-spacing: 0.578px;text-decoration: none;">ä»·æ ¼ï¼å ¨å¸åä»·8.3ä¸/ã¡ï¼æ线MACDéåï¼ï¼ä½å ç¯/å¤ç¯åç°"åªåå·®"ï¼é»æµ¦æ»¨æ±è±ªå® çªç ´17.8ä¸/ã¡ï¼ååå²æ°é«ï¼ï¼æ¾æ±æ°åé¨å项ç®è·ç ´5ä¸/ã¡ï¼å»ç©¿2024å¹´ç®±ä½ä¸æ²¿ï¼ã </span></section><section style="line-height: 1.6em;text-align: justify;margin: 0px 0px 24px;text-indent: 0em;"><span style="font-size: 20px;"><strong><span style="font-size: 20px;letter-spacing: 0.578px;text-decoration: none;">2. ææ¯å½¢æ</span></strong></span></section><section style="line-height: 1.6em;text-align: justify;margin: 0px 0px 24px;text-indent: 0em;"><span style="font-size: 17px;letter-spacing: 0.578px;text-decoration: none;">æ ¸å¿åºï¼å¾æ±æ»¨æ±ãå滩æ¿åèµ°åº"ä¸åä¸æ³"å½¢æï¼åæ溢价çï¼27.9%ï¼ä¸æ°æ¿å»åçï¼70%ï¼å½¢æéä»·å ±æ¯ã </span></section><section style="line-height: 1.6em;text-align: justify;margin: 0px 0px 24px;text-indent: 0em;"><span style="font-size: 17px;letter-spacing: 0.578px;text-decoration: none;">è¿é带ï¼åå®ãå¥è´¤æ¿åæ¥K线沿å¸æ线ä¸è½¨è¿è¡ï¼åºåå»åå¨æçªç ´24个æï¼åç°"é´è·æ¢åº"è¶å¿ã</span></section><hr style="border-style: solid;border-width: 1px 0 0;border-color: rgba(0,0,0,0.1);-webkit-transform-origin: 0 0;-webkit-transform: scale(1, 0.5);transform-origin: 0 0;transform: scale(1, 0.5);" /><section style="line-height: 1.6em;text-align: justify;margin: 0px 0px 24px;text-indent: 0em;"><strong><span style="letter-spacing: 0.578px;text-indent: 0em;font-family: mp-quote, "PingFang SC", system-ui, -apple-system, BlinkMacSystemFont, "Helvetica Neue", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;font-size: 20px;text-decoration: underline;">ãæ¿åè½®å¨ãèµéæ±å¢é«ä»·é¾å¤´ï¼åéé¢æé«ä½åæ¢</span></strong></section><section style="line-height: 1.6em;text-align: justify;margin: 0px 0px 24px;text-indent: 0em;"><strong><span style="letter-spacing: 0.578px;text-decoration: none;font-size: 18px;">1. 主åèµéå¨å</span></strong></section><section style="line-height: 1.6em;text-align: justify;margin: 0px 0px 24px;text-indent: 0em;"><span style="font-size: 17px;letter-spacing: 0.578px;text-decoration: none;">é«ä»·è¡ï¼ä¸æµ·å£¹å·é¢ï¼æ交3.23ä¸ã¡ï¼ã绿åå¾æ»¨å°çï¼æ¥¼é¢ä»·13.5ä¸/ã¡ï¼è·æºæèµéæ¢ç¹ï¼æ¥åæ交é¢ç¯æ¯æ¾å¤§42%ï¼å¯¹æ è¡å¸"è ææ°"è¡æ ã </span></section><section style="line-height: 1.6em;text-align: justify;margin: 0px 0px 24px;text-indent: 0em;"><span style="font-size: 17px;letter-spacing: 0.578px;text-decoration: none;">åéé¢æï¼å¤ç¯500ä¸ä»¥ä¸é¡¹ç®åç°"游èµå"ç¹å¾ï¼èåæ¾éå²é«ï¼1æå æ¯80%ï¼åèåå¿«ééæ½®ï¼èµé转å临港ãé浦çæ¿çå©å¥½æ°åºã </span></section><section style="line-height: 1.6em;text-align: justify;margin: 0px 0px 24px;text-indent: 0em;"><span style="font-size: 18px;"><strong><span style="font-size: 18px;letter-spacing: 0.578px;text-decoration: none;">2. æ¦å¿µçä½é温</span></strong></span></section><section style="line-height: 1.6em;text-align: justify;margin: 0px 0px 24px;text-indent: 0em;"><span style="font-size: 17px;letter-spacing: 0.578px;text-decoration: none;">ä¸å¤æ»©ãæ¡æµ¦æºååçè§åæ¦å¿µæ¿åéè½è缩38%ï¼é¨å2024å¹´çé¨æ¥¼çåºç°"å©å¥½å ç°å³åè°"ç°è±¡ï¼ç±»ä¼¼è¡å¸"è§å æ»"è¡æ ã </span></section><section style="line-height: 1.6em;text-align: justify;margin: 0px 0px 24px;text-indent: 0em;"><span style="font-size: 17px;letter-spacing: 0.578px;text-decoration: none;">å¦åºæ¿æ¿åèµ°åºç¬ç«è¡æ ï¼éæé¢éæ ¡å¦åºæ¿éä»·é½åï¼5%-10%åå¼¹ï¼ï¼å½¢æ"æ¿çå ç«"ç¹æ§ã</span></section><hr style="border-style: solid;border-width: 1px 0 0;border-color: rgba(0,0,0,0.1);-webkit-transform-origin: 0 0;-webkit-transform: scale(1, 0.5);transform-origin: 0 0;transform: scale(1, 0.5);" /><section style="line-height: 1.6em;text-align: justify;margin: 0px 0px 24px;text-indent: 0em;"><span style="text-decoration: underline;"><strong><span style="text-decoration: underline;letter-spacing: 0.578px;text-indent: 0em;font-family: mp-quote, "PingFang SC", system-ui, -apple-system, BlinkMacSystemFont, "Helvetica Neue", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;font-size: 20px;">ãå¤ç©ºåå¼ãæ¿çåºVSå¸åºåºï¼ä¸»åèµéåæ§å å§</span></strong></span></section><section style="line-height: 1.6em;text-align: justify;margin: 0px 0px 24px;text-indent: 0em;"><span style="font-size: 18px;"><strong><span style="font-size: 18px;letter-spacing: 0.578px;text-decoration: none;">1. å¤å¤´éµè¥</span></strong></span></section><section style="line-height: 1.6em;text-align: justify;margin: 0px 0px 24px;text-indent: 0em;"><span style="font-size: 17px;letter-spacing: 0.578px;text-decoration: none;">æ¿ç驱å¨ï¼LPRä¸è°é¢æï¼50BP空é´ï¼+å ¬ç§¯éæ¾ç»ææ"åæ¿çåº"ï¼ç±»æ¯2015å¹´"å»åºå"è¡æ åå¤ã </span></section><section style="line-height: 1.6em;text-align: justify;margin: 0px 0px 24px;text-indent: 0em;"><span style="font-size: 17px;letter-spacing: 0.578px;text-decoration: none;">ç¹ç ç»æï¼å ä¸ç¯æ°æ¿åºåå»åå¨æ6.4个æï¼åå²æå¼ï¼ï¼é¨ååºåæç°"é¼ç©ºå¼ä¸æ¶¨"ã </span></section><section style="line-height: 1.6em;text-align: justify;margin: 0px 0px 24px;text-indent: 0em;"><strong><span style="font-size: 17px;letter-spacing: 0.578px;text-decoration: none;">2. 空头é»è¾</span></strong></section><section style="line-height: 1.6em;text-align: justify;margin: 0px 0px 24px;text-indent: 0em;"><span style="font-size: 17px;letter-spacing: 0.578px;text-decoration: none;">èµéé¢ååï¼ç§éåæ¥çè·ç ´2%ï¼ä½äºåå¹´æå½åºæ¶ççï¼ï¼èµäº§ä¼°å¼æ¿åã </span></section><section style="line-height: 1.6em;text-align: justify;margin: 0px 0px 24px;text-indent: 0em;"><span style="font-size: 17px;letter-spacing: 0.578px;text-decoration: none;">ææ¯ç ´ä½ï¼è¿éæ¿åéä»·è¿ç»6个æè离ï¼æ¾æ±æ°åçåºååºç°"å¤æå¤"踩è¸è¿¹è±¡ã </span></section><section style="line-height: 1.6em;text-align: justify;margin: 0px 0px 24px;text-indent: 0em;"><strong><span style="font-size: 17px;letter-spacing: 0.578px;text-decoration: none;">3. 主åå¨å</span></strong></section><section style="line-height: 1.6em;text-align: justify;margin: 0px 0px 24px;text-indent: 0em;"><span style="font-size: 17px;letter-spacing: 0.578px;text-decoration: none;">é«åå¼èµéå éè°ä»ï¼é»æµ¦æ§æ¹é¡¹ç®ç°å¤§å®äº¤æï¼åç¬è¶ 2亿ï¼ï¼èµéä»ååï¼æ交å æ¯31%ï¼ãè¿éä½å® æ¤ç¦»ï¼åæ ¸å¿èµäº§éä¸ã</span></section><hr style="border-style: solid;border-width: 1px 0 0;border-color: rgba(0,0,0,0.1);-webkit-transform-origin: 0 0;-webkit-transform: scale(1, 0.5);transform-origin: 0 0;transform: scale(1, 0.5);" /><section style="line-height: 1.6em;text-align: justify;margin: 0px 0px 24px;text-indent: 0em;"><span style="text-decoration: underline;"><strong><span style="text-decoration: underline;letter-spacing: 0.578px;text-indent: 0em;font-family: mp-quote, "PingFang SC", system-ui, -apple-system, BlinkMacSystemFont, "Helvetica Neue", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;font-size: 20px;">ãæ 绪å¨æãèåææ æåéæ¾ï¼èåæ 绪修å¤</span></strong></span></section><section style="line-height: 1.6em;text-align: justify;margin: 0px 0px 24px;text-indent: 0em;"><strong><span style="letter-spacing: 0.578px;text-decoration: none;font-size: 18px;">1. æ 绪ææ </span></strong></section><section style="line-height: 1.6em;text-align: justify;margin: 0px 0px 24px;text-indent: 0em;"><span style="font-size: 17px;letter-spacing: 0.578px;text-decoration: none;">ææ ææ°ï¼æ¥èåå¤ç¯äºææ¿æçæ¿å¢23%ï¼é¨åä¸ä¸»éä»·è¶ 8%ï¼ç±»ä¼¼è¡å¸"èåé¿é©"æåã </span></section><section style="line-height: 1.6em;text-align: justify;margin: 0px 0px 24px;text-indent: 0em;"><span style="font-size: 17px;letter-spacing: 0.578px;text-decoration: none;">贪婪ææ°ï¼å 宵åå¾æ±æ»¨æ±æ°ç认ç¹æ¯é£åè³1:3.8ï¼åç°"è¶æ°´è´¹"ç°è²äº¤æï¼å¸åºæ 绪è¿å ¥è¿çåºé´ã </span></section><section style="line-height: 1.6em;text-align: justify;margin: 0px 0px 24px;text-indent: 0em;"><strong><span style="letter-spacing: 0.578px;text-decoration: none;font-size: 18px;">2. èµéæ 绪</span></strong></section><section style="line-height: 1.6em;text-align: justify;margin: 0px 0px 24px;text-indent: 0em;"><span style="font-size: 17px;letter-spacing: 0.578px;text-decoration: none;">åé客群åç°"æ£æ·å"ç¹å¾ï¼500ä¸ä»¥ä¸æ¿æºæ交å æ¯80%ï¼ä½å³çå¨ææé¿è³45天ï¼2024年为28天ï¼ï¼åæ å¸åºä¿¡å¿ä¸è¶³ã </span></section><section style="line-height: 1.6em;text-align: justify;margin: 0px 0px 24px;text-indent: 0em;"><span style="font-size: 17px;letter-spacing: 0.578px;text-decoration: none;">æ¹åå买家"æºæå"æä½ï¼70%éæ©å ¨æ¬¾+æµæ¼è´·ç»åçç¥ï¼å©ç¨æ¿çå¥å©ç©ºé´éä½èµéææ¬ã</span></section><hr style="border-style: solid;border-width: 1px 0 0;border-color: rgba(0,0,0,0.1);-webkit-transform-origin: 0 0;-webkit-transform: scale(1, 0.5);transform-origin: 0 0;transform: scale(1, 0.5);" /><section style="line-height: 1.6em;text-align: justify;margin: 0px 0px 24px;text-indent: 0em;"><span style="text-decoration: underline;"><strong><span style="text-decoration: underline;letter-spacing: 0.578px;text-indent: 0em;font-family: mp-quote, "PingFang SC", system-ui, -apple-system, BlinkMacSystemFont, "Helvetica Neue", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;font-size: 20px;">ãææ¯å±æãä¸æè¡æ æ¨æ¼ä¸æä½çç¥</span></strong></span></section><section style="line-height: 1.6em;text-align: justify;margin: 0px 0px 24px;text-indent: 0em;"><strong><span style="letter-spacing: 0.578px;text-decoration: none;font-size: 18px;">1. å ³é®ç¹ä½</span></strong></section><section style="line-height: 1.6em;text-align: justify;margin: 0px 0px 24px;text-indent: 0em;"><span style="font-size: 17px;letter-spacing: 0.578px;text-decoration: none;">ååä½ï¼å ¨å¸æ°æ¿åä»·8.5ä¸/ã¡ï¼å¯¹åº2024å¹´æ¿ç顶ï¼ï¼å¾æ±æ»¨æ±20ä¸+/ã¡å¿çå ³å£ã </span></section><section style="line-height: 1.6em;text-align: justify;margin: 0px 0px 24px;text-indent: 0em;"><span style="font-size: 17px;letter-spacing: 0.578px;text-decoration: none;">æ¯æä½ï¼å¤ç¯åéç5ä¸/ã¡æ¿çåºï¼LPRä¸è°æ触åææ¯æ§åå¼¹ã </span></section><section style="line-height: 1.6em;text-align: justify;margin: 0px 0px 24px;text-indent: 0em;"><strong><span style="letter-spacing: 0.578px;text-decoration: none;font-size: 18px;">2. è¶å¿é¢å¤</span></strong></section><section style="line-height: 1.6em;text-align: justify;margin: 0px 0px 24px;text-indent: 0em;"><span style="font-size: 17px;letter-spacing: 0.578px;text-decoration: none;">主å浪ï¼æ ¸å¿åºæ¹åçæå¤å¶2020å¹´å¼ æ±è¡æ ï¼3æåæ溢价çè¥è¶ 30%å°ç¡®è®¤è¶å¿ã </span></section><section style="line-height: 1.6em;text-align: justify;margin: 0px 0px 24px;text-indent: 0em;"><span style="font-size: 17px;letter-spacing: 0.578px;text-decoration: none;">è¶ è·åå¼¹ï¼å¤ç¯å°éçï¼18å·çº¿å»¶ä¼¸æ®µï¼åå¨çæ交ææºä¼ï¼ä½éè¦æ4æå¹´æ¥å£åºåæ°æ®å²å»ã </span></section><section style="line-height: 1.6em;text-align: justify;margin: 0px 0px 24px;text-indent: 0em;"><strong><span style="letter-spacing: 0.578px;text-decoration: none;font-size: 18px;">3. ä»ä½å»ºè®®</span></strong></section><section style="line-height: 1.6em;text-align: justify;margin: 0px 0px 24px;text-indent: 0em;"><span style="font-size: 17px;letter-spacing: 0.578px;text-decoration: none;">éä»åºï¼é»æµ¦/å¾æ±ç¨ç¼ºèµäº§ï¼æ»ä»ä½å»ºè®®â¤50%ï¼ï¼éç¨"å®æå¼"åæ¹å»ºä»çç¥ã </span></section><section style="line-height: 1.6em;text-align: justify;margin: 0px 0px 24px;text-indent: 0em;"><span style="font-size: 17px;letter-spacing: 0.578px;text-decoration: none;">è§å¯åºï¼ä¸´æ¸¯èªè´¸åºã大è¹æ¡¥æå±åºï¼çå¾ æ¿çå¬ååï¼å¦äººæè´æ¿æ¾ç»ï¼ã </span></section><section style="line-height: 1.6em;text-align: justify;margin: 0px 0px 24px;text-indent: 0em;"><span style="font-size: 17px;letter-spacing: 0.578px;text-decoration: none;">æ¢æåºï¼è¿éååãèæ§å¦åºæ¿ï¼å¤æ ¡åçæ¿çé£é©ï¼ï¼å»ºè®®åå¼¹åä»ã </span></section><section style="line-height: 1.6em;text-align: justify;margin: 0px 0px 24px;text-indent: 0em;"><span style="font-size: 17px;letter-spacing: 0.578px;text-decoration: none;">ï¼æ³¨ï¼æ¬å¤çéç¨"éä»·æ¶ç©º"åç»´åææ³ï¼æ°æ®æ¥æºç»äº¤åéªè¯ï¼ä¸ä½ä¸ºæèµä¾æ®ï¼</span></section><p style="display: none;"><mp-style-type data-value="3"></mp-style-type></p>