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\u53d7 2023 \u5e74\u9032\u53d6\u7684\u7dca\u7e2e\u5468\u671f\u5f71\u97ff\uff0c\u9810\u671f\u7d93\u6fdf\u683c\u5c40\u5c07\u767c\u751f\u91cd\u5927\u8f49\u8b8a\u3002<\/p>\n

\u4e9e\u6d32\u4fe1\u8cb8\u5e02\u5834\u9810\u671f\u5c07\u7dad\u6301\u6b63\u9762\u7684\u767c\u5c55\u52e2\u982d\uff0c\u63d0\u4f9b\u5177\u5438\u5f15\u529b\u7684\u6536\u76ca\u548c\u6f5b\u5728\u7684\u8cc7\u672c\u589e\u503c\u6a5f\u6703\u3002<\/p>\n

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\u9999\u6e2f<\/span>2024\u5e747\u670823\u65e5<\/span> \/\u7f8e\u901a\u793e\/ — \u56de\u9867 2023 \u5e74\uff0c\u5404\u570b\u592e\u884c\u5be6\u65bd\u9032\u53d6\u7684\u8ca8\u5e63\u653f\u7b56\u7dca\u7e2e\u5468\u671f\uff0c\u5b8f\u5229\u6295\u8cc7\u7ba1\u7406\u9810\u671f\uff0c\u76ee\u524d\u5168\u7403\u7d93\u6fdf\u683c\u5c40\u5c07\u51fa\u73fe\u91cd\u5927\u8f49\u8b8a\u3002\u4eca\u65e5\uff0c\u5b8f\u5229\u6295\u8cc7\u7ba1\u7406\u5728 2024 \u5e74\u4e2d\u671f\u6295\u8cc7\u5c55\u671b\u5a92\u9ad4\u7c21\u5831\u6703\u4e0a\u8868\u793a\uff0c\u7f8e\u570b\u5229\u7387\u5f88\u5927\u6a5f\u6703\u5df2\u898b\u9802\uff0c\u4e26\u9810\u671f\u7f8e\u570b\u806f\u5132\u5c40\u5c07\u5728\u4eca\u5e74\u7a0d\u5f8c\u6642\u9593\u6b65\u5165\u5168\u7403\u5bec\u9b06\u8ca8\u5e63\u653f\u7b56\u5468\u671f\u3002<\/p>\n

<\/a>
Luke Browne, Head of Asset Allocation, Asia, Manulife Investment Management<\/span> <\/div>\n

\u5b8f\u5229\u6295\u8cc7\u7ba1\u7406\u9810\u8a08\u901a\u8139\u8207\u806f\u5132\u5c40\u76ee\u6a19\u6c34\u5e73\u4e00\u81f4\uff0c\u800c\u5c31\u696d\u60c5\u6cc1\u9810\u6599\u4e0d\u6703\u5c0d\u670d\u52d9\u696d\u901a\u8139\u69cb\u6210\u4e0a\u884c\u58d3\u529b\u3002\u5118\u7ba1\u5b58\u5728\u9019\u4e9b\u6709\u5229\u8da8\u52e2\uff0c\u4f46\u7531\u65bc\u4f01\u696d\u548c\u6d88\u8cbb\u8005\u9762\u81e8\u4fe1\u8cb8\u7dca\u7e2e\uff0c\u9810\u671f\u7f8e\u570b\u7d93\u6fdf\u5c07\u51fa\u73fe\u653e\u7de9\u3002\u5728\u9019\u7a2e\u5fae\u5999\u7684\u524d\u666f\u4e0b\uff0c\u6295\u8cc7\u8005\u5fc5\u9808\u4fdd\u6301\u9748\u6d3b\u8abf\u6574\u7b56\u7565\uff0c\u4ee5\u61c9\u5c0d\u4e0d\u78ba\u5b9a\u7684\u7d93\u6fdf\u74b0\u5883\u3002<\/p>\n

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Murray Collis<\/span> \u8868\u793a\uff1a\u300c\u7531\u65bc\u806f\u5132\u5c40\u524d\u666f\u4e0d\u660e\u6717\uff0c\u4e9e\u6d32\u56fa\u5b9a\u6536\u76ca\u5e02\u5834\u5728\u5e74\u521d\u76f8\u5c0d\u51fa\u73fe\u4e86\u4e00\u4e9b\u6ce2\u52d5\u3002\u800c\u4e14\u6211\u5011\u89c0\u5bdf\u5230\uff0c\u76ee\u524d\u70ba\u6b62\u5404\u570b\u9078\u8209\u5c0d\u4e9e\u6d32\u50b5\u5238\u5f71\u97ff\u4e0d\u5927\uff0c\u5e02\u5834\u666e\u904d\u9810\u671f\u653f\u7b56\u5c07\u7dad\u6301\u4e0d\u8b8a\u3002\u96d6\u7136\u7f8e\u570b\u6295\u8cc7\u7d1a\u50b5\u5238\u56e0\u806f\u5132\u5c40\u66ab\u7de9\u6e1b\u606f\u800c\u53d7\u5230\u8ca0\u9762\u5f71\u97ff\uff0c\u4f46\u4e9e\u6d32\u6295\u8cc7\u7d1a\u5225\u4fe1\u8cb8\u5728\u57fa\u672c\u9762\u5f37\u52c1\u548c\u6709\u5229\u7684\u5e02\u5834\u74b0\u5883\u4e0b\u8868\u73fe\u51fa\u8272\u3002\u7531\u5e74\u521d\u81f3\u4eca\uff0c\u4e9e\u6d32\u9ad8\u6536\u76ca\u4fe1\u8cb8\u7684\u8868\u73fe\u66f4\u70ba\u4eae\u773c\uff0c\u50b5\u5238\u9055\u7d04\u7387\u8da8\u65bc\u7a69\u5b9a\u548c\u76f8\u5c0d\u8f03\u4f4e\u7684\u4f30\u503c\u6c34\u5e73\uff0c\u958b\u59cb\u5438\u5f15\u6295\u8cc7\u8005\u7684\u8208\u8da3\u3002\u300d<\/p>\n

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\u4e9e\u6d32\u80a1\u7968\u5e02\u5834\uff1a\u5177\u5438\u5f15\u529b\u7684\u4f30\u503c\u548c\u589e\u9577\u6a5f\u9047<\/p>\n

\u5118\u7ba1\u4e9e\u6d32\u901a\u8139\u5927\u81f4\u53d7\u63a7\uff0c\u4f46\u7f8e\u570b\u6301\u7e8c\u9ad8\u4f01\u7684\u5229\u7387\u70ba\u4e9e\u6d32\u7d93\u6fdf\u9ad4\u7684\u6d88\u8cbb\u548c\u6295\u8cc7\u5e36\u4f86\u963b\u529b\u3002\u7136\u800c\uff0c\u5b8f\u5229\u6295\u8cc7\u7ba1\u7406\u80a1\u7968\u90e8\u9ad8\u7d1a\u6295\u8cc7\u7d44\u5408\u7d93\u7406\u6731\u8cd3 (Marco Giubin) \u8a8d\u70ba\uff0c\u96a8\u8457\u963b\u529b\u6e1b\u5f31\uff0c\u52a0\u4e0a\u4e9e\u6d32\uff08\u9664\u65e5\u672c\uff09\u76c8\u5229\u9810\u6e2c\u4e0a\u8abf\u8da8\u52e2\u4ee5\u53ca\u4f30\u503c\u5438\u5f15\uff0c\u53ef\u80fd\u6703\u4fc3\u9032\u5c0d\u4e9e\u6d32\u80a1\u7968\u7684\u91cd\u65b0\u8a55\u7d1a\u3002<\/p>\n

Marco Giubin \u8aaa\uff1a\u300c\u76ee\u524d\uff0c\u4e9e\u6d32\u80a1\u5e02\u7684\u9810\u671f\u5e02\u76c8\u7387\u7d04\u70ba\u00a02025 \u5e74\u9810\u4f30\u76c8\u5229\u7684 12 \u500d\uff0c\u9810\u671f\u76c8\u5229\u589e\u9577\u7387\u5c07\u8d85\u904e 15%\u3002\u76f8\u6bd4\u4e4b\u4e0b\uff0c\u7f8e\u570b\u80a1\u5e02\u7684\u9810\u671f\u5e02\u76c8\u7387\u5247\u8f03\u9ad8\uff0c\u7d04\u70ba 2025 \u5e74\u9810\u4f30\u76c8\u5229\u7684 21 \u500d\uff0c\u9810\u671f\u76c8\u5229\u589e\u9577\u7387\u7565\u4f4e\uff0c\u50c5\u70ba 14%\u3002\u76f8\u6bd4\u8d77\u7f8e\u80a1\uff0c\u4e9e\u6d32\u80a1\u7968\u4f3c\u4e4e\u63d0\u4f9b\u66f4\u5177\u5438\u5f15\u529b\u7684\u6295\u8cc7\u50f9\u503c\u3002\u5c0d\u65bc\u6295\u8cc7\u8005\u800c\u8a00\uff0c\u4e9e\u6d32\u80a1\u7968\u50f9\u683c\u6c34\u5e73\u8f03\u4f4e\uff0c\u6709\u671b\u5be6\u73fe\u66f4\u9ad8\u7684\u6536\u76ca\u589e\u9577\u6f5b\u529b\u3002\u300d<\/p>\n

\u5f9e\u5730\u57df\u89d2\u5ea6\u4f86\u770b\uff0c\u7531\u65bc\u4e2d\u570b\u80a1\u7968\u7684\u4f30\u503c\u8f03\u4f4e\u4ee5\u53ca\u5e02\u5834\u666e\u904d\u6301\u8b39\u614e\u614b\u5ea6\uff0c\u5b8f\u5229\u6295\u8cc7\u7ba1\u7406\u5c0d\u4e2d\u570b\u5e02\u5834\u524d\u666f\u6301\u66f4\u6b63\u9762\u770b\u6cd5\u3002\u300c\u4e2d\u570b\u7684\u589e\u91cf\u4f4f\u623f\u7684\u653f\u7b56\u63aa\u65bd\uff0c\u6709\u671b\u7de9\u89e3\u623f\u5730\u7522\u884c\u696d\u4f4e\u8ff7\u5c0d\u6574\u9ad4\u7d93\u6fdf\u7684\u5f71\u97ff\u3002\u96d6\u7136\u5370\u5ea6\u4ecd\u4fdd\u6301\u5f37\u52c1\u7684\u7d50\u69cb\u6027\u8da8\u52e2\uff0c\u4f46\u7531\u65bc\u5370\u5ea6\u80a1\u5e02\u4f30\u503c\u504f\u9ad8\u548c\u83ab\u8fea\u00a0(Narendra Modi<\/span>) \u653f\u5e9c\u7684\u8b70\u5e2d\u6709\u6240\u6e1b\u5c11\uff0c\u4e26\u5f15\u767c\u4e86\u5e02\u5834\u5c0d\u5176\u6295\u8cc7\u589e\u9577\u6a21\u5f0f\u53ef\u6301\u7e8c\u6027\u7684\u64d4\u6182\uff0c\u56e0\u6b64\u6211\u5011\u5c0d\u5370\u5ea6\u5e02\u5834\u4fdd\u6301\u8b39\u614e\u614b\u5ea6\u3002\u6211\u5011\u9752\u775e\u5728\u5370\u5ea6\u5927\u9078\u524d\u8868\u73fe\u905c\u65bc\u5de5\u696d\u80a1\u7684\u6d88\u8cbb\u76f8\u95dc\u80a1\u7968\u3002\u300d<\/p>\n

Marco Giubin \u7e3d\u7d50\uff1a\u300c\u5728\u5317\u4e9e\u5730\u5340\uff0c\u76f8\u5c0d\u65bc\u53f0\u7063\u5730\u5340\u6211\u5011\u8f03\u770b\u597d\u5357\u97d3\uff0c\u56e0\u70ba\u5357\u97d3\u80a1\u7968\u4f30\u503c\u5438\u5f15\u4ee5\u53ca\u52d5\u614b\u96a8\u6a5f\u5b58\u53d6\u8a18\u61b6\u9ad4 (DRAM) \u884c\u696d\u7684\u6b63\u8655\u65bc\u4e0a\u5347\u5468\u671f\u3002\u53e6\u5916\uff0c\u5118\u7ba1\u53f0\u7063\u5730\u5340\u8a31\u591a\u79d1\u6280\u80a1\u4e26\u672a\u76f4\u63a5\u53c3\u8207\u4eba\u5de5\u667a\u80fd\u76f8\u95dc\u696d\u52d9\uff0c\u4f46\u5176\u80a1\u50f9\u537b\u56e0\u70ba\u9019\u4e00\u4e3b\u984c\u800c\u88ab\u986f\u8457\u91cd\u4f30\u3002\u6b64\u5916\uff0c\u7531\u65bc\u5c0d\u96fb\u52d5\u8eca\u5e02\u5834\u589e\u9577\u7684\u6182\u616e\uff0c\u8a31\u591a\u5357\u97d3\u96fb\u6c60\u88fd\u9020\u5546\u7684\u8868\u73fe\u5927\u5e45\u843d\u5f8c\uff0c\u4f46\u8003\u616e\u5230\u589e\u9577\u6a5f\u6703\u4f9d\u7136\u5b58\u5728\uff0c\u6211\u5011\u8a8d\u70ba\u9019\u4e9b\u516c\u53f8\u7684\u50f9\u503c\u770b\u8d77\u4f86\u975e\u5e38\u4fbf\u5b9c\u3002\u8fd1\u671f\uff0c\u5317\u7f8e\u548c\u6b50\u6d32\u7b49\u5e02\u5834\u91dd\u5c0d\u4e2d\u570b\u4f9b\u61c9\u5546\u5be6\u65bd\u7684\u4fdd\u8b77\u4e3b\u7fa9\uff0c\u4ea6\u53ef\u80fd\u6703\u52a0\u901f\u4eba\u5011\u5c0d\u5357\u97d3\u96fb\u52d5\u8eca\u4f9b\u61c9\u93c8\u4f5c\u70ba\u66ff\u4ee3\u54c1\u7684\u8208\u8da3\u3002\u300d<\/p>\n

\u6709\u95dc\u5b8f\u5229\u6295\u8cc7\u7ba1\u7406<\/p>\n

\u5b8f\u5229\u6295\u8cc7\u7ba1\u7406\u662f\u5b8f\u5229\u91d1\u878d\u6709\u9650\u516c\u53f8\u7684\u5168\u7403\u8ca1\u5bcc\u548c\u8cc7\u7522\u7ba1\u7406\u696d\u52d9\u7684\u5206\u652f\u6a5f\u69cb\u3002\u6211\u5011\u6191\u85c9\u6bcd\u516c\u53f8\u8d85\u904e\u4e00\u500b\u591a\u4e16\u7d00\u7684\u8ca1\u52d9\u7ba1\u7406\u7d93\u9a57\u4ee5\u53ca\u5145\u4efd\u8cc7\u6e90\uff0c\u70ba\u5168\u7403\u500b\u4eba\u3001\u6a5f\u69cb\u53ca\u9000\u4f11\u8a08\u5283\u7684\u6295\u8cc7\u8005\u63d0\u4f9b\u670d\u52d9\u3002\u5b8f\u5229\u6295\u8cc7\u7ba1\u7406\u7684\u7e3d\u90e8\u8a2d\u65bc\u52a0\u62ff\u5927\u591a\u502b\u591a\uff0c\u5168\u7403\u6295\u8cc7\u696d\u52d9\u904d\u53ca19\u500b\u570b\u5bb6\u53ca\u5730\u5340\uff0c\u4ee5\u53ca\u9023\u7e6b\u5168\u7403\u5404\u5730\u975e\u95dc\u806f\u7684\u8cc7\u7522\u7d93\u7406\uff0c\u6709\u52a9\u978f\u56fa\u6211\u5011\u5728\u516c\u958b\u53ca\u79c1\u52df\u5e02\u5834\u4e0a\u7684\u9818\u5148\u5be6\u529b\u3002\u6211\u5011\u81f4\u529b\u5728\u6574\u500b\u696d\u52d9\u6d41\u7a0b\u4e2d\u9032\u884c\u8cac\u4efb\u6295\u8cc7\u3002\u6211\u5011\u70ba\u53ef\u6301\u7e8c\u6295\u8cc7\u958b\u767c\u5275\u65b0\u7684\u5168\u7403\u6846\u67b6\uff0c\u8207\u8b49\u5238\u6295\u8cc7\u7d44\u5408\u4e2d\u7684\u516c\u53f8\u7a4d\u6975\u4e92\u52d5\u6e9d\u901a\uff0c\u4e26\u5728\u6211\u5011\u64c1\u6709\u53ca\u71df\u904b\u8cc7\u7522\u7684\u9818\u57df\u4fdd\u6301\u9ad8\u6c34\u5e73\u7684\u7ba1\u7406\uff0c\u800c\u4e14\u6211\u5011\u76f8\u4fe1\u53ef\u900f\u904e\u5de5\u4f5c\u4e0a\u9000\u4f11\u8a08\u5283\u4f86\u652f\u6301\u8ca1\u52d9\u72c0\u6cc1\u3002\u73fe\u6642\uff0c\u5168\u7403\u5404\u5730\u7684\u8a08\u5283\u4fdd\u85a6\u4eba\u5747\u4f9d\u8cf4\u6211\u5011\u5728\u9000\u4f11\u8a08\u5283\u9818\u57df\u7684\u7ba1\u7406\u548c\u5c08\u696d\u6295\u8cc7\u77e5\u8b58\uff0c\u4ee5\u5e6b\u52a9\u5176\u50f1\u54e1\u9032\u884c\u9000\u4f11\u898f\u5283\u3001\u5132\u84c4\u4e26\u4eab\u53d7\u66f4\u597d\u7684\u9000\u4f11\u751f\u6d3b\u3002\u975e\u6240\u6709\u7522\u54c1\u5747\u53ef\u65bc\u6240\u6709\u53f8\u6cd5\u7ba1\u8f44\u5340\u92b7\u552e\u3002\u8a73\u60c5\u8acb\u700f\u89bd\u7db2\u9801manulifeim.com\u3002<\/p>\n

<\/a>
Murray Collis, Chief Investment Officer, Fixed Income, Asia ex-Japan, Manulife Investment Management<\/span> <\/div>\n

\u00a0<\/p>\n

<\/a>
Marco Giubin, Senior Portfolio Manager, Equities, Manulife Investment Management<\/span> <\/div>\n

\u00a0<\/p>\n

<\/a>
Manulife Investment Management Logo (CNW Group\/Manulife Investment Management)<\/span> <\/div>","protected":false},"excerpt":{"rendered":"

\u53d7 2023 \u5e74\u9032\u53d6\u7684\u7dca\u7e2e\u5468\u671f\u5f71\u97ff\uff0c\u9810\u671f\u7d93\u6fdf\u683c\u5c40\u5c07\u767c\u751f\u91cd\u5927\u8f49\u8b8a\u3002 \u4e9e\u6d32\u4fe1\u8cb8\u5e02\u5834\u9810\u671f\u5c07\u7dad\u6301\u6b63\u9762\u7684\u767c\u5c55\u52e2\u982d\uff0c\u63d0\u4f9b\u5177\u5438\u5f15\u529b\u7684\u6536\u76ca\u548c\u6f5b\u5728\u7684\u8cc7\u672c\u589e\u503c\u6a5f\u6703\u3002 \u96a8\u8457\u4e0d\u5229\u56e0\u7d20\u6b63\u9010\u6b65\u7de9\u89e3\u548c\u5177\u5438\u5f15\u529b\u7684\u4f30\u503c\u6c34\u5e73\uff0c\u4e9e\u6d32\u80a1\u5e02\u6709\u671b\u91cd\u65b0\u8a55\u7d1a\uff0c\u4e2d\u570b\u3001\u5370\u5ea6\u548c\u5357\u97d3\u96fb\u52d5\u8eca\u884c\u696d\u860a\u542b\u6295\u8cc7\u826f\u6a5f\u3002 \u9999\u6e2f2024\u5e747\u670823\u65e5 \/\u7f8e\u901a\u793e\/ — \u56de\u9867 2023 \u5e74\uff0c\u5404\u570b\u592e\u884c\u5be6\u65bd\u9032\u53d6\u7684\u8ca8\u5e63\u653f\u7b56\u7dca\u7e2e\u5468\u671f\uff0c\u5b8f\u5229\u6295\u8cc7\u7ba1\u7406\u9810\u671f\uff0c\u76ee\u524d\u5168\u7403\u7d93\u6fdf\u683c\u5c40\u5c07\u51fa\u73fe\u91cd\u5927\u8f49\u8b8a\u3002\u4eca\u65e5\uff0c\u5b8f\u5229\u6295\u8cc7\u7ba1\u7406\u5728 2024 \u5e74\u4e2d\u671f\u6295\u8cc7\u5c55\u671b\u5a92\u9ad4\u7c21\u5831\u6703\u4e0a\u8868\u793a\uff0c\u7f8e\u570b\u5229\u7387\u5f88\u5927\u6a5f\u6703\u5df2\u898b\u9802\uff0c\u4e26\u9810\u671f\u7f8e\u570b\u806f\u5132\u5c40\u5c07\u5728\u4eca\u5e74\u7a0d\u5f8c\u6642\u9593\u6b65\u5165\u5168\u7403\u5bec\u9b06\u8ca8\u5e63\u653f\u7b56\u5468\u671f\u3002 Luke Browne, Head of Asset Allocation, Asia, Manulife Investment Management \u5b8f\u5229\u6295\u8cc7\u7ba1\u7406\u9810\u8a08\u901a\u8139\u8207\u806f\u5132\u5c40\u76ee\u6a19\u6c34\u5e73\u4e00\u81f4\uff0c\u800c\u5c31\u696d\u60c5\u6cc1\u9810\u6599\u4e0d\u6703\u5c0d\u670d\u52d9\u696d\u901a\u8139\u69cb\u6210\u4e0a\u884c\u58d3\u529b\u3002\u5118\u7ba1\u5b58\u5728\u9019\u4e9b\u6709\u5229\u8da8\u52e2\uff0c\u4f46\u7531\u65bc\u4f01\u696d\u548c\u6d88\u8cbb\u8005\u9762\u81e8\u4fe1\u8cb8\u7dca\u7e2e\uff0c\u9810\u671f\u7f8e\u570b\u7d93\u6fdf\u5c07\u51fa\u73fe\u653e\u7de9\u3002\u5728\u9019\u7a2e\u5fae\u5999\u7684\u524d\u666f\u4e0b\uff0c\u6295\u8cc7\u8005\u5fc5\u9808\u4fdd\u6301\u9748\u6d3b\u8abf\u6574\u7b56\u7565\uff0c\u4ee5\u61c9\u5c0d\u4e0d\u78ba\u5b9a\u7684\u7d93\u6fdf\u74b0\u5883\u3002 \u5b8f\u5229\u6295\u8cc7\u7ba1\u7406\u4e9e\u6d32\u5340\u8cc7\u7522\u914d\u7f6e\u4e3b\u7ba1\u6f58\u6a02\u52e4\u00a0(Luke Browne)\u00a0\u8aaa\uff1a\u300c\u76ee\u524d\u6b63\u503c\u5e74\u4e2d\uff0c\u6211\u5011\u8a8d\u70ba\u74b0\u7403\u7d93\u6fdf\u4ecd\u8655\u65bc\u826f\u597d\u72c0\u614b\u3002\u5118\u7ba1\u6700\u8fd1\u7d93\u6fdf\u589e\u901f\u653e\u7de9\uff0c\u4f46\u5728\u5f37\u52c1\u7684\u6d88\u8cbb\u6d3b\u52d5\u63a8\u52d5\u4e0b\uff0c\u7f8e\u570b\u7d93\u6fdf\u4ecd\u8655\u65bc\u9818\u5148\u5730\u4f4d\u3002\u53e6\u5916\uff0c\u7d93\u6fdf\u9ad4\u5982\u6b50\u6d32\u3001\u65e5\u672c\u548c\u4e2d\u570b\u5df2\u5448\u73fe\u51fa\u7a69\u5b9a\u548c\u6539\u5584\u8de1\u8c61\u3002\u653f\u7b56\u5236\u5b9a\u8005\u6b63\u63a1\u53d6\u5e72\u9810\u884c\u52d5\uff0c\u4ee5\u61c9\u5c0d\u9762\u81e8\u6311\u6230\u7684\u884c\u696d\uff0c\u5982\u4e2d\u570b\u623f\u5730\u7522\u5e02\u5834\u3002\u300d 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\u4e9e\u6d32\u56fa\u5b9a\u6536\u76ca\u5e02\u5834\uff1a\u9810\u671f\u6b63\u9762\u52e2\u982d\u5c07\u6301\u7e8c \u5b8f\u5229\u6295\u8cc7\u7ba1\u7406\u4e9e\u6d32\uff08\u65e5\u672c\u9664\u5916\uff09\u5b9a\u606f\u7522\u54c1\u90e8\u9996\u5e2d\u6295\u8cc7\u7e3d\u76e3\u00a0Murray Collis\u00a0\u5f37\u8abf\uff0c\u4e9e\u6d32\u4fe1\u8cb8\u4eca\u5e74\u8fc4\u4eca\u7684\u8868\u73fe\u76f8\u8f03\u5176\u4ed6\u56fa\u5b9a\u6536\u76ca\u8cc7\u7522\u985e\u5225\u7a81\u51fa\u3002\u4ed6\u8a8d\u70ba\uff0c\u6709\u5145\u5206\u7684\u7406\u7531\u986f\u793a\u9019\u7a2e\u6b63\u9762\u52e2\u982d\u5c07\u6301\u7e8c\u81f3\u4eca\u5e74\u5e95\uff0c\u70ba\u6295\u8cc7\u8005\u5e36\u4f86\u53ef\u89c0\u7684\u6536\u76ca\u548c\u6f5b\u5728\u7684\u8cc7\u672c\u589e\u503c\u3002 Murray Collis 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\u4e9e\u6d32\u80a1\u7968\u5e02\u5834\uff1a\u5177\u5438\u5f15\u529b\u7684\u4f30\u503c\u548c\u589e\u9577\u6a5f\u9047 \u5118\u7ba1\u4e9e\u6d32\u901a\u8139\u5927\u81f4\u53d7\u63a7\uff0c\u4f46\u7f8e\u570b\u6301\u7e8c\u9ad8\u4f01\u7684\u5229\u7387\u70ba\u4e9e\u6d32\u7d93\u6fdf\u9ad4\u7684\u6d88\u8cbb\u548c\u6295\u8cc7\u5e36\u4f86\u963b\u529b\u3002\u7136\u800c\uff0c\u5b8f\u5229\u6295\u8cc7\u7ba1\u7406\u80a1\u7968\u90e8\u9ad8\u7d1a\u6295\u8cc7\u7d44\u5408\u7d93\u7406\u6731\u8cd3 (Marco Giubin) \u8a8d\u70ba\uff0c\u96a8\u8457\u963b\u529b\u6e1b\u5f31\uff0c\u52a0\u4e0a\u4e9e\u6d32\uff08\u9664\u65e5\u672c\uff09\u76c8\u5229\u9810\u6e2c\u4e0a\u8abf\u8da8\u52e2\u4ee5\u53ca\u4f30\u503c\u5438\u5f15\uff0c\u53ef\u80fd\u6703\u4fc3\u9032\u5c0d\u4e9e\u6d32\u80a1\u7968\u7684\u91cd\u65b0\u8a55\u7d1a\u3002 Marco Giubin \u8aaa\uff1a\u300c\u76ee\u524d\uff0c\u4e9e\u6d32\u80a1\u5e02\u7684\u9810\u671f\u5e02\u76c8\u7387\u7d04\u70ba\u00a02025 \u5e74\u9810\u4f30\u76c8\u5229\u7684 12 \u500d\uff0c\u9810\u671f\u76c8\u5229\u589e\u9577\u7387\u5c07\u8d85\u904e 15%\u3002\u76f8\u6bd4\u4e4b\u4e0b\uff0c\u7f8e\u570b\u80a1\u5e02\u7684\u9810\u671f\u5e02\u76c8\u7387\u5247\u8f03\u9ad8\uff0c\u7d04\u70ba 2025 \u5e74\u9810\u4f30\u76c8\u5229\u7684 21 \u500d\uff0c\u9810\u671f\u76c8\u5229\u589e\u9577\u7387\u7565\u4f4e\uff0c\u50c5\u70ba 14%\u3002\u76f8\u6bd4\u8d77\u7f8e\u80a1\uff0c\u4e9e\u6d32\u80a1\u7968\u4f3c\u4e4e\u63d0\u4f9b\u66f4\u5177\u5438\u5f15\u529b\u7684\u6295\u8cc7\u50f9\u503c\u3002\u5c0d\u65bc\u6295\u8cc7\u8005\u800c\u8a00\uff0c\u4e9e\u6d32\u80a1\u7968\u50f9\u683c\u6c34\u5e73\u8f03\u4f4e\uff0c\u6709\u671b\u5be6\u73fe\u66f4\u9ad8\u7684\u6536\u76ca\u589e\u9577\u6f5b\u529b\u3002\u300d \u5f9e\u5730\u57df\u89d2\u5ea6\u4f86\u770b\uff0c\u7531\u65bc\u4e2d\u570b\u80a1\u7968\u7684\u4f30\u503c\u8f03\u4f4e\u4ee5\u53ca\u5e02\u5834\u666e\u904d\u6301\u8b39\u614e\u614b\u5ea6\uff0c\u5b8f\u5229\u6295\u8cc7\u7ba1\u7406\u5c0d\u4e2d\u570b\u5e02\u5834\u524d\u666f\u6301\u66f4\u6b63\u9762\u770b\u6cd5\u3002\u300c\u4e2d\u570b\u7684\u589e\u91cf\u4f4f\u623f\u7684\u653f\u7b56\u63aa\u65bd\uff0c\u6709\u671b\u7de9\u89e3\u623f\u5730\u7522\u884c\u696d\u4f4e\u8ff7\u5c0d\u6574\u9ad4\u7d93\u6fdf\u7684\u5f71\u97ff\u3002\u96d6\u7136\u5370\u5ea6\u4ecd\u4fdd\u6301\u5f37\u52c1\u7684\u7d50\u69cb\u6027\u8da8\u52e2\uff0c\u4f46\u7531\u65bc\u5370\u5ea6\u80a1\u5e02\u4f30\u503c\u504f\u9ad8\u548c\u83ab\u8fea\u00a0(Narendra Modi) \u653f\u5e9c\u7684\u8b70\u5e2d\u6709\u6240\u6e1b\u5c11\uff0c\u4e26\u5f15\u767c\u4e86\u5e02\u5834\u5c0d\u5176\u6295\u8cc7\u589e\u9577\u6a21\u5f0f\u53ef\u6301\u7e8c\u6027\u7684\u64d4\u6182\uff0c\u56e0\u6b64\u6211\u5011\u5c0d\u5370\u5ea6\u5e02\u5834\u4fdd\u6301\u8b39\u614e\u614b\u5ea6\u3002\u6211\u5011\u9752\u775e\u5728\u5370\u5ea6\u5927\u9078\u524d\u8868\u73fe\u905c\u65bc\u5de5\u696d\u80a1\u7684\u6d88\u8cbb\u76f8\u95dc\u80a1\u7968\u3002\u300d Marco Giubin \u7e3d\u7d50\uff1a\u300c\u5728\u5317\u4e9e\u5730\u5340\uff0c\u76f8\u5c0d\u65bc\u53f0\u7063\u5730\u5340\u6211\u5011\u8f03\u770b\u597d\u5357\u97d3\uff0c\u56e0\u70ba\u5357\u97d3\u80a1\u7968\u4f30\u503c\u5438\u5f15\u4ee5\u53ca\u52d5\u614b\u96a8\u6a5f\u5b58\u53d6\u8a18\u61b6\u9ad4 (DRAM) \u884c\u696d\u7684\u6b63\u8655\u65bc\u4e0a\u5347\u5468\u671f\u3002\u53e6\u5916\uff0c\u5118\u7ba1\u53f0\u7063\u5730\u5340\u8a31\u591a\u79d1\u6280\u80a1\u4e26\u672a\u76f4\u63a5\u53c3\u8207\u4eba\u5de5\u667a\u80fd\u76f8\u95dc\u696d\u52d9\uff0c\u4f46\u5176\u80a1\u50f9\u537b\u56e0\u70ba\u9019\u4e00\u4e3b\u984c\u800c\u88ab\u986f\u8457\u91cd\u4f30\u3002\u6b64\u5916\uff0c\u7531\u65bc\u5c0d\u96fb\u52d5\u8eca\u5e02\u5834\u589e\u9577\u7684\u6182\u616e\uff0c\u8a31\u591a\u5357\u97d3\u96fb\u6c60\u88fd\u9020\u5546\u7684\u8868\u73fe\u5927\u5e45\u843d\u5f8c\uff0c\u4f46\u8003\u616e\u5230\u589e\u9577\u6a5f\u6703\u4f9d\u7136\u5b58\u5728\uff0c\u6211\u5011\u8a8d\u70ba\u9019\u4e9b\u516c\u53f8\u7684\u50f9\u503c\u770b\u8d77\u4f86\u975e\u5e38\u4fbf\u5b9c\u3002\u8fd1\u671f\uff0c\u5317\u7f8e\u548c\u6b50\u6d32\u7b49\u5e02\u5834\u91dd\u5c0d\u4e2d\u570b\u4f9b\u61c9\u5546\u5be6\u65bd\u7684\u4fdd\u8b77\u4e3b\u7fa9\uff0c\u4ea6\u53ef\u80fd\u6703\u52a0\u901f\u4eba\u5011\u5c0d\u5357\u97d3\u96fb\u52d5\u8eca\u4f9b\u61c9\u93c8\u4f5c\u70ba\u66ff\u4ee3\u54c1\u7684\u8208\u8da3\u3002\u300d \u6709\u95dc\u5b8f\u5229\u6295\u8cc7\u7ba1\u7406 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Murray Collis, Chief Investment Officer, Fixed Income, Asia ex-Japan, Manulife Investment Management \u00a0 Marco Giubin, Senior Portfolio Manager, Equities, Manulife Investment Management \u00a0 Manulife Investment Management Logo (CNW Group\/Manulife Investment Management)<\/p>\n","protected":false},"author":0,"featured_media":20479,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_generate-full-width-content":"","spay_email":"","footnotes":""},"categories":[1],"tags":[],"yoast_head":"\n\u5b8f\u5229\u6295\u8cc7\u7ba1\u7406\uff1a\u9810\u671f\u5168\u7403\u6b65\u5165\u6e1b\u606f\u5468\u671f\uff0c\u770b\u597d\u7f8e\u570b\u4ee5\u5916\u7684\u6295\u8cc7\u6a5f\u6703 - \u9999\u6e2f\u7279\u8a31\u7d93\u71df<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.franchise.com.hk\/en\/%e5%ae%8f%e5%88%a9%e6%8a%95%e8%b3%87%e7%ae%a1%e7%90%86%ef%bc%9a%e9%a0%90%e6%9c%9f%e5%85%a8%e7%90%83%e6%ad%a5%e5%85%a5%e6%b8%9b%e6%81%af%e5%91%a8%e6%9c%9f%ef%bc%8c%e7%9c%8b%e5%a5%bd%e7%be%8e%e5%9c%8b\/20478\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"\u5b8f\u5229\u6295\u8cc7\u7ba1\u7406\uff1a\u9810\u671f\u5168\u7403\u6b65\u5165\u6e1b\u606f\u5468\u671f\uff0c\u770b\u597d\u7f8e\u570b\u4ee5\u5916\u7684\u6295\u8cc7\u6a5f\u6703 - \u9999\u6e2f\u7279\u8a31\u7d93\u71df\" \/>\n<meta property=\"og:description\" content=\"\u53d7 2023 \u5e74\u9032\u53d6\u7684\u7dca\u7e2e\u5468\u671f\u5f71\u97ff\uff0c\u9810\u671f\u7d93\u6fdf\u683c\u5c40\u5c07\u767c\u751f\u91cd\u5927\u8f49\u8b8a\u3002 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\u5e74\u4e2d\u671f\u6295\u8cc7\u5c55\u671b\u5a92\u9ad4\u7c21\u5831\u6703\u4e0a\u8868\u793a\uff0c\u7f8e\u570b\u5229\u7387\u5f88\u5927\u6a5f\u6703\u5df2\u898b\u9802\uff0c\u4e26\u9810\u671f\u7f8e\u570b\u806f\u5132\u5c40\u5c07\u5728\u4eca\u5e74\u7a0d\u5f8c\u6642\u9593\u6b65\u5165\u5168\u7403\u5bec\u9b06\u8ca8\u5e63\u653f\u7b56\u5468\u671f\u3002 Luke Browne, Head of Asset Allocation, Asia, Manulife Investment Management \u5b8f\u5229\u6295\u8cc7\u7ba1\u7406\u9810\u8a08\u901a\u8139\u8207\u806f\u5132\u5c40\u76ee\u6a19\u6c34\u5e73\u4e00\u81f4\uff0c\u800c\u5c31\u696d\u60c5\u6cc1\u9810\u6599\u4e0d\u6703\u5c0d\u670d\u52d9\u696d\u901a\u8139\u69cb\u6210\u4e0a\u884c\u58d3\u529b\u3002\u5118\u7ba1\u5b58\u5728\u9019\u4e9b\u6709\u5229\u8da8\u52e2\uff0c\u4f46\u7531\u65bc\u4f01\u696d\u548c\u6d88\u8cbb\u8005\u9762\u81e8\u4fe1\u8cb8\u7dca\u7e2e\uff0c\u9810\u671f\u7f8e\u570b\u7d93\u6fdf\u5c07\u51fa\u73fe\u653e\u7de9\u3002\u5728\u9019\u7a2e\u5fae\u5999\u7684\u524d\u666f\u4e0b\uff0c\u6295\u8cc7\u8005\u5fc5\u9808\u4fdd\u6301\u9748\u6d3b\u8abf\u6574\u7b56\u7565\uff0c\u4ee5\u61c9\u5c0d\u4e0d\u78ba\u5b9a\u7684\u7d93\u6fdf\u74b0\u5883\u3002 \u5b8f\u5229\u6295\u8cc7\u7ba1\u7406\u4e9e\u6d32\u5340\u8cc7\u7522\u914d\u7f6e\u4e3b\u7ba1\u6f58\u6a02\u52e4\u00a0(Luke 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\u300c\u5c55\u671b\u672a\u4f86\uff0c\u6211\u5011\u76f8\u4fe1\u9019\u4e9b\u4e00\u6b21\u6027\u7684\u901a\u8139\u56e0\u7d20\u5c07\u8da8\u65bc\u7a69\u5b9a\uff0c\u5f9e\u800c\u4f7f\u806f\u5132\u5c40\u80fd\u5920\u5728\u4eca\u5e74\u5e95\u524d\u6e1b\u606f\u3002\u9019\u4e00\u9ede\u81f3\u95dc\u91cd\u8981\uff0c\u56e0\u70ba\u5728\u7d93\u6fdf\u7a69\u5b9a\u589e\u9577\u7684\u74b0\u5883\u4e0b\u6e1b\u606f\uff0c\u53ef\u4ee5\u4f7f\u5e02\u5834\u6216\u8cc7\u7522\u7684\u76f8\u5c0d\u4f30\u503c\u8b8a\u5f97\u66f4\u5177\u6709\u5438\u5f15\u529b\u3002\u4f8b\u5982\uff0c\u7f8e\u570b\u5c0f\u578b\u80a1\u5728\u5229\u7387\u5468\u671f\u4e2d\u69d3\u687f\u7387\u8f03\u9ad8\uff0c\u800c\u4e14\u5176\u76f8\u5c0d\u4f30\u503c\u5df2\u6298\u8b93\u81f3\u904e\u53bb\u6578\u5341\u5e74\u4ee5\u4f86\u7684\u4f4e\u4f4d\u3002\u56e0\u6b64\uff0c\u6709\u671b\u53d7\u60e0\u65bc\u5229\u7387\u4e0b\u964d\u5468\u671f\u3002\u6b64\u5916\uff0c\u5728\u7f8e\u570b\u4ee5\u5916\u7684\u5df2\u767c\u5c55\u5e02\u5834\u548c\u65b0\u8208\u5e02\u5834\uff0c\u5c24\u5176\u662f\u65e5\u672c\u548c\u5370\u5ea6\uff0c\u4ea6\u51fa\u73fe\u4e86\u5177\u5438\u5f15\u529b\u7684\u6295\u8cc7\u6a5f\u6703\u3002\u5c31\u884c\u696d\u800c\u8a00\uff0c\u6295\u8cc7\u8005\u4ea6\u61c9\u95dc\u6ce8\u80fd\u6e90\u548c\u5927\u5b97\u5546\u54c1\u3002\u6211\u5011\u89c0\u5bdf\u5230\u6771\u76df\u5e02\u5834\u6b63\u5728\u6e67\u73fe\u6295\u8cc7\u6a5f\u6703\uff0c\u96a8\u8457\u6211\u5011\u9032\u5165\u5bec\u9b06\u5468\u671f\uff0c\u5c07\u51fa\u73fe\u66f4\u591a\u503c\u5f97\u628a\u63e1\u7684\u6a5f\u6703\u3002\u300d \u4e9e\u6d32\u56fa\u5b9a\u6536\u76ca\u5e02\u5834\uff1a\u9810\u671f\u6b63\u9762\u52e2\u982d\u5c07\u6301\u7e8c \u5b8f\u5229\u6295\u8cc7\u7ba1\u7406\u4e9e\u6d32\uff08\u65e5\u672c\u9664\u5916\uff09\u5b9a\u606f\u7522\u54c1\u90e8\u9996\u5e2d\u6295\u8cc7\u7e3d\u76e3\u00a0Murray Collis\u00a0\u5f37\u8abf\uff0c\u4e9e\u6d32\u4fe1\u8cb8\u4eca\u5e74\u8fc4\u4eca\u7684\u8868\u73fe\u76f8\u8f03\u5176\u4ed6\u56fa\u5b9a\u6536\u76ca\u8cc7\u7522\u985e\u5225\u7a81\u51fa\u3002\u4ed6\u8a8d\u70ba\uff0c\u6709\u5145\u5206\u7684\u7406\u7531\u986f\u793a\u9019\u7a2e\u6b63\u9762\u52e2\u982d\u5c07\u6301\u7e8c\u81f3\u4eca\u5e74\u5e95\uff0c\u70ba\u6295\u8cc7\u8005\u5e36\u4f86\u53ef\u89c0\u7684\u6536\u76ca\u548c\u6f5b\u5728\u7684\u8cc7\u672c\u589e\u503c\u3002 Murray Collis \u8868\u793a\uff1a\u300c\u7531\u65bc\u806f\u5132\u5c40\u524d\u666f\u4e0d\u660e\u6717\uff0c\u4e9e\u6d32\u56fa\u5b9a\u6536\u76ca\u5e02\u5834\u5728\u5e74\u521d\u76f8\u5c0d\u51fa\u73fe\u4e86\u4e00\u4e9b\u6ce2\u52d5\u3002\u800c\u4e14\u6211\u5011\u89c0\u5bdf\u5230\uff0c\u76ee\u524d\u70ba\u6b62\u5404\u570b\u9078\u8209\u5c0d\u4e9e\u6d32\u50b5\u5238\u5f71\u97ff\u4e0d\u5927\uff0c\u5e02\u5834\u666e\u904d\u9810\u671f\u653f\u7b56\u5c07\u7dad\u6301\u4e0d\u8b8a\u3002\u96d6\u7136\u7f8e\u570b\u6295\u8cc7\u7d1a\u50b5\u5238\u56e0\u806f\u5132\u5c40\u66ab\u7de9\u6e1b\u606f\u800c\u53d7\u5230\u8ca0\u9762\u5f71\u97ff\uff0c\u4f46\u4e9e\u6d32\u6295\u8cc7\u7d1a\u5225\u4fe1\u8cb8\u5728\u57fa\u672c\u9762\u5f37\u52c1\u548c\u6709\u5229\u7684\u5e02\u5834\u74b0\u5883\u4e0b\u8868\u73fe\u51fa\u8272\u3002\u7531\u5e74\u521d\u81f3\u4eca\uff0c\u4e9e\u6d32\u9ad8\u6536\u76ca\u4fe1\u8cb8\u7684\u8868\u73fe\u66f4\u70ba\u4eae\u773c\uff0c\u50b5\u5238\u9055\u7d04\u7387\u8da8\u65bc\u7a69\u5b9a\u548c\u76f8\u5c0d\u8f03\u4f4e\u7684\u4f30\u503c\u6c34\u5e73\uff0c\u958b\u59cb\u5438\u5f15\u6295\u8cc7\u8005\u7684\u8208\u8da3\u3002\u300d 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\u4e9e\u6d32\u80a1\u7968\u5e02\u5834\uff1a\u5177\u5438\u5f15\u529b\u7684\u4f30\u503c\u548c\u589e\u9577\u6a5f\u9047 \u5118\u7ba1\u4e9e\u6d32\u901a\u8139\u5927\u81f4\u53d7\u63a7\uff0c\u4f46\u7f8e\u570b\u6301\u7e8c\u9ad8\u4f01\u7684\u5229\u7387\u70ba\u4e9e\u6d32\u7d93\u6fdf\u9ad4\u7684\u6d88\u8cbb\u548c\u6295\u8cc7\u5e36\u4f86\u963b\u529b\u3002\u7136\u800c\uff0c\u5b8f\u5229\u6295\u8cc7\u7ba1\u7406\u80a1\u7968\u90e8\u9ad8\u7d1a\u6295\u8cc7\u7d44\u5408\u7d93\u7406\u6731\u8cd3 (Marco Giubin) \u8a8d\u70ba\uff0c\u96a8\u8457\u963b\u529b\u6e1b\u5f31\uff0c\u52a0\u4e0a\u4e9e\u6d32\uff08\u9664\u65e5\u672c\uff09\u76c8\u5229\u9810\u6e2c\u4e0a\u8abf\u8da8\u52e2\u4ee5\u53ca\u4f30\u503c\u5438\u5f15\uff0c\u53ef\u80fd\u6703\u4fc3\u9032\u5c0d\u4e9e\u6d32\u80a1\u7968\u7684\u91cd\u65b0\u8a55\u7d1a\u3002 Marco Giubin \u8aaa\uff1a\u300c\u76ee\u524d\uff0c\u4e9e\u6d32\u80a1\u5e02\u7684\u9810\u671f\u5e02\u76c8\u7387\u7d04\u70ba\u00a02025 \u5e74\u9810\u4f30\u76c8\u5229\u7684 12 \u500d\uff0c\u9810\u671f\u76c8\u5229\u589e\u9577\u7387\u5c07\u8d85\u904e 15%\u3002\u76f8\u6bd4\u4e4b\u4e0b\uff0c\u7f8e\u570b\u80a1\u5e02\u7684\u9810\u671f\u5e02\u76c8\u7387\u5247\u8f03\u9ad8\uff0c\u7d04\u70ba 2025 \u5e74\u9810\u4f30\u76c8\u5229\u7684 21 \u500d\uff0c\u9810\u671f\u76c8\u5229\u589e\u9577\u7387\u7565\u4f4e\uff0c\u50c5\u70ba 14%\u3002\u76f8\u6bd4\u8d77\u7f8e\u80a1\uff0c\u4e9e\u6d32\u80a1\u7968\u4f3c\u4e4e\u63d0\u4f9b\u66f4\u5177\u5438\u5f15\u529b\u7684\u6295\u8cc7\u50f9\u503c\u3002\u5c0d\u65bc\u6295\u8cc7\u8005\u800c\u8a00\uff0c\u4e9e\u6d32\u80a1\u7968\u50f9\u683c\u6c34\u5e73\u8f03\u4f4e\uff0c\u6709\u671b\u5be6\u73fe\u66f4\u9ad8\u7684\u6536\u76ca\u589e\u9577\u6f5b\u529b\u3002\u300d \u5f9e\u5730\u57df\u89d2\u5ea6\u4f86\u770b\uff0c\u7531\u65bc\u4e2d\u570b\u80a1\u7968\u7684\u4f30\u503c\u8f03\u4f4e\u4ee5\u53ca\u5e02\u5834\u666e\u904d\u6301\u8b39\u614e\u614b\u5ea6\uff0c\u5b8f\u5229\u6295\u8cc7\u7ba1\u7406\u5c0d\u4e2d\u570b\u5e02\u5834\u524d\u666f\u6301\u66f4\u6b63\u9762\u770b\u6cd5\u3002\u300c\u4e2d\u570b\u7684\u589e\u91cf\u4f4f\u623f\u7684\u653f\u7b56\u63aa\u65bd\uff0c\u6709\u671b\u7de9\u89e3\u623f\u5730\u7522\u884c\u696d\u4f4e\u8ff7\u5c0d\u6574\u9ad4\u7d93\u6fdf\u7684\u5f71\u97ff\u3002\u96d6\u7136\u5370\u5ea6\u4ecd\u4fdd\u6301\u5f37\u52c1\u7684\u7d50\u69cb\u6027\u8da8\u52e2\uff0c\u4f46\u7531\u65bc\u5370\u5ea6\u80a1\u5e02\u4f30\u503c\u504f\u9ad8\u548c\u83ab\u8fea\u00a0(Narendra Modi) \u653f\u5e9c\u7684\u8b70\u5e2d\u6709\u6240\u6e1b\u5c11\uff0c\u4e26\u5f15\u767c\u4e86\u5e02\u5834\u5c0d\u5176\u6295\u8cc7\u589e\u9577\u6a21\u5f0f\u53ef\u6301\u7e8c\u6027\u7684\u64d4\u6182\uff0c\u56e0\u6b64\u6211\u5011\u5c0d\u5370\u5ea6\u5e02\u5834\u4fdd\u6301\u8b39\u614e\u614b\u5ea6\u3002\u6211\u5011\u9752\u775e\u5728\u5370\u5ea6\u5927\u9078\u524d\u8868\u73fe\u905c\u65bc\u5de5\u696d\u80a1\u7684\u6d88\u8cbb\u76f8\u95dc\u80a1\u7968\u3002\u300d Marco Giubin \u7e3d\u7d50\uff1a\u300c\u5728\u5317\u4e9e\u5730\u5340\uff0c\u76f8\u5c0d\u65bc\u53f0\u7063\u5730\u5340\u6211\u5011\u8f03\u770b\u597d\u5357\u97d3\uff0c\u56e0\u70ba\u5357\u97d3\u80a1\u7968\u4f30\u503c\u5438\u5f15\u4ee5\u53ca\u52d5\u614b\u96a8\u6a5f\u5b58\u53d6\u8a18\u61b6\u9ad4 (DRAM) 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Murray Collis, Chief Investment Officer, Fixed Income, Asia ex-Japan, Manulife Investment Management \u00a0 Marco Giubin, Senior Portfolio Manager, Equities, Manulife Investment Management \u00a0 Manulife Investment Management Logo (CNW Group\/Manulife Investment Management)\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.franchise.com.hk\/en\/%e5%ae%8f%e5%88%a9%e6%8a%95%e8%b3%87%e7%ae%a1%e7%90%86%ef%bc%9a%e9%a0%90%e6%9c%9f%e5%85%a8%e7%90%83%e6%ad%a5%e5%85%a5%e6%b8%9b%e6%81%af%e5%91%a8%e6%9c%9f%ef%bc%8c%e7%9c%8b%e5%a5%bd%e7%be%8e%e5%9c%8b\/20478\" \/>\n<meta property=\"og:site_name\" content=\"\u9999\u6e2f\u7279\u8a31\u7d93\u71df\" \/>\n<meta property=\"article:published_time\" content=\"2024-07-23T02:05:00+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<script type=\"application\/ld+json\" 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\u5e74\uff0c\u5404\u570b\u592e\u884c\u5be6\u65bd\u9032\u53d6\u7684\u8ca8\u5e63\u653f\u7b56\u7dca\u7e2e\u5468\u671f\uff0c\u5b8f\u5229\u6295\u8cc7\u7ba1\u7406\u9810\u671f\uff0c\u76ee\u524d\u5168\u7403\u7d93\u6fdf\u683c\u5c40\u5c07\u51fa\u73fe\u91cd\u5927\u8f49\u8b8a\u3002\u4eca\u65e5\uff0c\u5b8f\u5229\u6295\u8cc7\u7ba1\u7406\u5728 2024 \u5e74\u4e2d\u671f\u6295\u8cc7\u5c55\u671b\u5a92\u9ad4\u7c21\u5831\u6703\u4e0a\u8868\u793a\uff0c\u7f8e\u570b\u5229\u7387\u5f88\u5927\u6a5f\u6703\u5df2\u898b\u9802\uff0c\u4e26\u9810\u671f\u7f8e\u570b\u806f\u5132\u5c40\u5c07\u5728\u4eca\u5e74\u7a0d\u5f8c\u6642\u9593\u6b65\u5165\u5168\u7403\u5bec\u9b06\u8ca8\u5e63\u653f\u7b56\u5468\u671f\u3002 Luke Browne, Head of Asset Allocation, Asia, Manulife Investment Management \u5b8f\u5229\u6295\u8cc7\u7ba1\u7406\u9810\u8a08\u901a\u8139\u8207\u806f\u5132\u5c40\u76ee\u6a19\u6c34\u5e73\u4e00\u81f4\uff0c\u800c\u5c31\u696d\u60c5\u6cc1\u9810\u6599\u4e0d\u6703\u5c0d\u670d\u52d9\u696d\u901a\u8139\u69cb\u6210\u4e0a\u884c\u58d3\u529b\u3002\u5118\u7ba1\u5b58\u5728\u9019\u4e9b\u6709\u5229\u8da8\u52e2\uff0c\u4f46\u7531\u65bc\u4f01\u696d\u548c\u6d88\u8cbb\u8005\u9762\u81e8\u4fe1\u8cb8\u7dca\u7e2e\uff0c\u9810\u671f\u7f8e\u570b\u7d93\u6fdf\u5c07\u51fa\u73fe\u653e\u7de9\u3002\u5728\u9019\u7a2e\u5fae\u5999\u7684\u524d\u666f\u4e0b\uff0c\u6295\u8cc7\u8005\u5fc5\u9808\u4fdd\u6301\u9748\u6d3b\u8abf\u6574\u7b56\u7565\uff0c\u4ee5\u61c9\u5c0d\u4e0d\u78ba\u5b9a\u7684\u7d93\u6fdf\u74b0\u5883\u3002 \u5b8f\u5229\u6295\u8cc7\u7ba1\u7406\u4e9e\u6d32\u5340\u8cc7\u7522\u914d\u7f6e\u4e3b\u7ba1\u6f58\u6a02\u52e4\u00a0(Luke Browne)\u00a0\u8aaa\uff1a\u300c\u76ee\u524d\u6b63\u503c\u5e74\u4e2d\uff0c\u6211\u5011\u8a8d\u70ba\u74b0\u7403\u7d93\u6fdf\u4ecd\u8655\u65bc\u826f\u597d\u72c0\u614b\u3002\u5118\u7ba1\u6700\u8fd1\u7d93\u6fdf\u589e\u901f\u653e\u7de9\uff0c\u4f46\u5728\u5f37\u52c1\u7684\u6d88\u8cbb\u6d3b\u52d5\u63a8\u52d5\u4e0b\uff0c\u7f8e\u570b\u7d93\u6fdf\u4ecd\u8655\u65bc\u9818\u5148\u5730\u4f4d\u3002\u53e6\u5916\uff0c\u7d93\u6fdf\u9ad4\u5982\u6b50\u6d32\u3001\u65e5\u672c\u548c\u4e2d\u570b\u5df2\u5448\u73fe\u51fa\u7a69\u5b9a\u548c\u6539\u5584\u8de1\u8c61\u3002\u653f\u7b56\u5236\u5b9a\u8005\u6b63\u63a1\u53d6\u5e72\u9810\u884c\u52d5\uff0c\u4ee5\u61c9\u5c0d\u9762\u81e8\u6311\u6230\u7684\u884c\u696d\uff0c\u5982\u4e2d\u570b\u623f\u5730\u7522\u5e02\u5834\u3002\u300d 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\u4e9e\u6d32\u56fa\u5b9a\u6536\u76ca\u5e02\u5834\uff1a\u9810\u671f\u6b63\u9762\u52e2\u982d\u5c07\u6301\u7e8c \u5b8f\u5229\u6295\u8cc7\u7ba1\u7406\u4e9e\u6d32\uff08\u65e5\u672c\u9664\u5916\uff09\u5b9a\u606f\u7522\u54c1\u90e8\u9996\u5e2d\u6295\u8cc7\u7e3d\u76e3\u00a0Murray Collis\u00a0\u5f37\u8abf\uff0c\u4e9e\u6d32\u4fe1\u8cb8\u4eca\u5e74\u8fc4\u4eca\u7684\u8868\u73fe\u76f8\u8f03\u5176\u4ed6\u56fa\u5b9a\u6536\u76ca\u8cc7\u7522\u985e\u5225\u7a81\u51fa\u3002\u4ed6\u8a8d\u70ba\uff0c\u6709\u5145\u5206\u7684\u7406\u7531\u986f\u793a\u9019\u7a2e\u6b63\u9762\u52e2\u982d\u5c07\u6301\u7e8c\u81f3\u4eca\u5e74\u5e95\uff0c\u70ba\u6295\u8cc7\u8005\u5e36\u4f86\u53ef\u89c0\u7684\u6536\u76ca\u548c\u6f5b\u5728\u7684\u8cc7\u672c\u589e\u503c\u3002 Murray Collis \u8868\u793a\uff1a\u300c\u7531\u65bc\u806f\u5132\u5c40\u524d\u666f\u4e0d\u660e\u6717\uff0c\u4e9e\u6d32\u56fa\u5b9a\u6536\u76ca\u5e02\u5834\u5728\u5e74\u521d\u76f8\u5c0d\u51fa\u73fe\u4e86\u4e00\u4e9b\u6ce2\u52d5\u3002\u800c\u4e14\u6211\u5011\u89c0\u5bdf\u5230\uff0c\u76ee\u524d\u70ba\u6b62\u5404\u570b\u9078\u8209\u5c0d\u4e9e\u6d32\u50b5\u5238\u5f71\u97ff\u4e0d\u5927\uff0c\u5e02\u5834\u666e\u904d\u9810\u671f\u653f\u7b56\u5c07\u7dad\u6301\u4e0d\u8b8a\u3002\u96d6\u7136\u7f8e\u570b\u6295\u8cc7\u7d1a\u50b5\u5238\u56e0\u806f\u5132\u5c40\u66ab\u7de9\u6e1b\u606f\u800c\u53d7\u5230\u8ca0\u9762\u5f71\u97ff\uff0c\u4f46\u4e9e\u6d32\u6295\u8cc7\u7d1a\u5225\u4fe1\u8cb8\u5728\u57fa\u672c\u9762\u5f37\u52c1\u548c\u6709\u5229\u7684\u5e02\u5834\u74b0\u5883\u4e0b\u8868\u73fe\u51fa\u8272\u3002\u7531\u5e74\u521d\u81f3\u4eca\uff0c\u4e9e\u6d32\u9ad8\u6536\u76ca\u4fe1\u8cb8\u7684\u8868\u73fe\u66f4\u70ba\u4eae\u773c\uff0c\u50b5\u5238\u9055\u7d04\u7387\u8da8\u65bc\u7a69\u5b9a\u548c\u76f8\u5c0d\u8f03\u4f4e\u7684\u4f30\u503c\u6c34\u5e73\uff0c\u958b\u59cb\u5438\u5f15\u6295\u8cc7\u8005\u7684\u8208\u8da3\u3002\u300d 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\u4e9e\u6d32\u80a1\u7968\u5e02\u5834\uff1a\u5177\u5438\u5f15\u529b\u7684\u4f30\u503c\u548c\u589e\u9577\u6a5f\u9047 \u5118\u7ba1\u4e9e\u6d32\u901a\u8139\u5927\u81f4\u53d7\u63a7\uff0c\u4f46\u7f8e\u570b\u6301\u7e8c\u9ad8\u4f01\u7684\u5229\u7387\u70ba\u4e9e\u6d32\u7d93\u6fdf\u9ad4\u7684\u6d88\u8cbb\u548c\u6295\u8cc7\u5e36\u4f86\u963b\u529b\u3002\u7136\u800c\uff0c\u5b8f\u5229\u6295\u8cc7\u7ba1\u7406\u80a1\u7968\u90e8\u9ad8\u7d1a\u6295\u8cc7\u7d44\u5408\u7d93\u7406\u6731\u8cd3 (Marco Giubin) \u8a8d\u70ba\uff0c\u96a8\u8457\u963b\u529b\u6e1b\u5f31\uff0c\u52a0\u4e0a\u4e9e\u6d32\uff08\u9664\u65e5\u672c\uff09\u76c8\u5229\u9810\u6e2c\u4e0a\u8abf\u8da8\u52e2\u4ee5\u53ca\u4f30\u503c\u5438\u5f15\uff0c\u53ef\u80fd\u6703\u4fc3\u9032\u5c0d\u4e9e\u6d32\u80a1\u7968\u7684\u91cd\u65b0\u8a55\u7d1a\u3002 Marco Giubin \u8aaa\uff1a\u300c\u76ee\u524d\uff0c\u4e9e\u6d32\u80a1\u5e02\u7684\u9810\u671f\u5e02\u76c8\u7387\u7d04\u70ba\u00a02025 \u5e74\u9810\u4f30\u76c8\u5229\u7684 12 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