{"id":30675,"date":"2023-07-28T07:00:00","date_gmt":"2023-07-27T23:00:00","guid":{"rendered":"https:\/\/www.kgieworld.sg\/research\/?p=30675"},"modified":"2023-07-28T10:36:10","modified_gmt":"2023-07-28T02:36:10","slug":"kgi-daily-trading-ideas-28-jul-2023-zh","status":"publish","type":"post","link":"https:\/\/www.kgieworld.sg\/research\/kgi-daily-trading-ideas-28-jul-2023-zh\/","title":{"rendered":"2023\u5e7407\u670828\u65e5: REX\u56fd\u9645 (REXI SP), \u6c5f\u897f\u94dc\u4e1a (358 HK), Coinbase\u5168\u7403 (COIN US)"},"content":{"rendered":"\n<p class=\"has-cyan-bluish-gray-background-color has-background wp-block-paragraph\"><a href=\"#sg\">\u65b0\u52a0\u5761\u80a1\u7968\u63a8\u8350<\/a> |<a href=\"#hk\"> \u9999\u6e2f\u80a1\u7968\u63a8\u8350<\/a> | <a href=\"#us\">\u7f8e\u80a1\u63a8\u8350<\/a> | <a href=\"http:\/\/sp\">\u884c\u4e1a\u677f\u5757\u8868\u73b0<\/a> | <a href=\"#td\"> \u4ea4\u6613\u9f99\u864e\u699c<\/a> <\/p>\n\n\n\n<figure class=\"wp-block-image\" id=\"sp\"><img fetchpriority=\"high\" decoding=\"async\" width=\"829\" height=\"104\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-159.png\" alt=\"\" class=\"wp-image-29726\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-159.png 829w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-159-300x38.png 300w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-159-768x96.png 768w\" sizes=\"(max-width: 829px) 100vw, 829px\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><a id=\"post-30675-_tiry8p5xvcqk\"><\/a>\u7f8e\u56fd<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><img decoding=\"async\" src=\"https:\/\/lh5.googleusercontent.com\/NIiNa-tNLxK2RN_xs4zxVbUIfPLJpfFh6CVlQ_xjW68N7RKlAg4f1ozlNfAVX6M1AGH1k7Q5DRSy46aoswenBfZyF0UlBhK_opImWzFLg62NPbNYtFznUgxG77Jc3PiA4LxjveCFuIocP-p61b473IM\" width=\"602\" height=\"351\"><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td>\n<p><strong>News Feed<\/strong><\/p>\n<\/td><\/tr><tr><td> <p>1. <a href=\"https:\/\/www.businesstimes.com.sg\/international\/us-consumer-confidence-rises-two-year-high-july\"><a href=\"https:\/\/www.businesstimes.com.sg\/companies-markets\/us-stocks-fall-dow-streak-ends-unlucky-13\">US: Stocks fall as Dow streak ends at unlucky 13<\/a><\/a><\/p> <\/td><\/tr><tr><td> <p>2. <a href=\"https:\/\/www.channelnewsasia.com\/business\/us-senators-express-bipartisan-alarm-about-ai-focusing-biological-attack-3654096\"><a href=\"https:\/\/oilprice.com\/Latest-Energy-News\/World-News\/Oil-Ignores-Fed-Hike-As-WTI-Hits-80.html\">Oil Ignores Fed Hike As WTI Hits $80<\/a><\/a><\/p> <\/td><\/tr><tr><td> <p>3. <a href=\"https:\/\/www.businesstimes.com.sg\/international\/us-fed-meets-consider-raising-rates-22-year-high\"><a href=\"https:\/\/www.businesstimes.com.sg\/companies-markets\/gold-braces-biggest-weekly-decline-five\">Gold braces for biggest weekly decline in five<\/a><\/a><\/p> <\/td><\/tr><tr><td> <p>4. <a href=\"https:\/\/www.channelnewsasia.com\/business\/ai-lesson-microsoft-and-google-spend-money-make-money-3654401\"><a href=\"https:\/\/www.reuters.com\/world\/us\/us-house-votes-approve-first-2024-spending-bill-2023-07-27\/\">US House approves first 2024 spending bill, delays a second<\/a><\/a><\/p> <\/td><\/tr><tr><td> <p>5. <a href=\"https:\/\/www.channelnewsasia.com\/business\/ftc-readies-lawsuit-could-break-amazon-politico-3654286\"><a href=\"https:\/\/www.businesstimes.com.sg\/international\/global\/global-automakers-scramble-reset-china-strategies-sales-slow\">Global automakers scramble to reset China strategies as sales slow<\/a><\/a><\/p> <\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"637\" height=\"135\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-721.png\" alt=\"\" class=\"wp-image-30717\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-721.png 637w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-721-300x64.png 300w\" sizes=\"(max-width: 637px) 100vw, 637px\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><a id=\"post-30675-_qqv3rtx8nazp\"><\/a><a id=\"post-30675-_ylayyh7qqd99\"><\/a>\u9999\u6e2f<\/h3>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1193\" height=\"695\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-722.png\" alt=\"\" class=\"wp-image-30718\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-722.png 1193w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-722-300x175.png 300w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-722-1024x597.png 1024w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-722-768x447.png 768w\" sizes=\"(max-width: 1193px) 100vw, 1193px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td>\n<p><strong>News Feed<\/strong><\/p>\n<\/td><\/tr><tr><td>\n<p>1. <a href=\"https:\/\/www.businesstimes.com.sg\/international\/global\/china-industrial-profits-extend-double-digit-slide-weak-demand\">China industrial profits extend double-digit slide on weak demand<\/a><\/p>\n<\/td><\/tr><tr><td>\n<p>2. <a href=\"https:\/\/www.businesstimes.com.sg\/property\/hong-kong-home-prices-ease-june-second-straight-month\">Hong Kong home prices ease in June for a second straight month<\/a><\/p>\n<\/td><\/tr><tr><td>\n<p>3. <a href=\"https:\/\/www.businesstimes.com.sg\/international\/global\/investors-dumping-china-load-other-emerging-markets\">Investors dumping China load up on other emerging markets<\/a><\/p>\n<\/td><\/tr><tr><td>\n<p>4. <a href=\"https:\/\/www.reuters.com\/world\/china\/chinas-video-game-player-population-rises-record-end-june-2023-07-27\/\">China\u2019s video game player population rises to a record at end-June<\/a><\/p>\n<\/td><\/tr><tr><td>\n<p>5. <a href=\"https:\/\/www.scmp.com\/news\/china\/science\/article\/3228943\/china-tests-ultra-thin-flexible-solar-wing-it-prepares-satellite-megaconstellation-rival-elon-musks?module=lead_hero_story&pgtype=homepage\">China tests ultra-thin flexible solar wing for satellite network to rival Elon Musk\u2019s Starlink<\/a><\/p>\n<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-right wp-block-paragraph\"><a href=\"#top\">^ Back To Top<\/a><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"637\" height=\"135\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-723.png\" alt=\"\" class=\"wp-image-30719\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-723.png 637w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-723-300x64.png 300w\" sizes=\"(max-width: 637px) 100vw, 637px\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"sg\"><a id=\"post-30675-_7c2gwybbbr90\"><\/a><a id=\"post-30675-_9i0c554gtu0u\"><\/a><strong><img loading=\"lazy\" decoding=\"async\" width=\"602\" height=\"128\" class=\"wp-image-30720\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-724.png\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-724.png 602w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-724-300x64.png 300w\" sizes=\"(max-width: 602px) 100vw, 602px\" \/><\/strong><\/h3>\n\n\n\n<h3 class=\"wp-block-heading\"><a id=\"post-30675-_wxbk7kf90cmr\"><\/a><a id=\"post-30675-_dzcbccf64z5h\"><\/a><strong>REX\u56fd\u9645 (REXI SP)\uff1a\u6cb9\u4ef7\u6b63\u5728\u63a2\u5e95\u56de\u5347<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>\u91cd\u7533\u4e70\u5165\uff1a\u4e70\u5165\u4ef7\uff1a0.181\uff0c\u76ee\u6807\u4ef7\uff1a0.194\uff0c\u6b62\u635f\u4ef7\uff1a0.174<\/strong><\/li><li>\u516c\u53f8\u662f\u4e00\u5bb6\u72ec\u7acb\u7684\u77f3\u6cb9\u52d8\u63a2\u548c\u751f\u4ea7\u516c\u53f8\u3002\u5b83\u7684\u4e1a\u52a1\u5305\u62ec\u77f3\u6cb9\u548c\u5929\u7136\u6c14\u90e8\u95e8\u4ee5\u53ca\u975e\u77f3\u6cb9\u548c\u5929\u7136\u6c14\u90e8\u95e8\u3002\u8be5\u516c\u53f8\u63d0\u4f9bRex Virtual Drilling\uff0c\u4e00\u79cd\u6db2\u4f53\u78b3\u6c22\u5316\u5408\u7269\u6307\u793a\u5668\uff0c\u5229\u7528\u5730\u9707\u6570\u636e\u5bfb\u627e\u77f3\u6cb9\u3002\u8be5\u516c\u53f8\u4ece\u4e8b\u77f3\u6cb9\u548c\u5929\u7136\u6c14\u52d8\u63a2\u548c\u751f\u4ea7\u6d3b\u52a8\uff0c\u5176\u4e1a\u52a1\u91cd\u5fc3\u5728\u963f\u66fc\u548c\u632a\u5a01\u3002<\/li><li><strong>\u77f3\u6cb9\u8f93\u51fa\u56fd\u7ec4\u7ec7\u53ca\u975e\u6210\u5458\u56fd\u51cf\u4ea7\u3002<\/strong>\u6c99\u7279\u963f\u62c9\u4f2f\u548c\u4fc4\u7f57\u65af\u8fd9\u4e24\u4e2a\u4e16\u754c\u6700\u5927\u7684\u77f3\u6cb9\u51fa\u53e3\u56fd\u5ba3\u5e03\u8fdb\u4e00\u6b65\u51cf\u4ea7\u4ee5\u652f\u6491\u6cb9\u4ef7\uff0c\u5c3d\u7ba1\u4eba\u4eec\u62c5\u5fc3\u5168\u7403\u7ecf\u6d4e\u653e\u7f13\u548c\u7f8e\u56fd\u8054\u90a6\u50a8\u5907\u59d4\u5458\u4f1a\u53ef\u80fd\u52a0\u606f\u3002\u6c99\u7279\u963f\u62c9\u4f2f\u5c06\u628a\u81ea\u613f\u51cf\u4ea7100\u4e07\u6876\/\u65e5\u7684\u8ba1\u5212\u518d\u5ef6\u957f\u4e00\u4e2a\u6708\u81f38\u6708\uff0c\u4fc4\u7f57\u65af\u5c06\u57288\u6708\u524a\u51cf50\u4e07\u6876\/\u65e5\u7684\u77f3\u6cb9\u51fa\u53e3\u3002\u8fd9\u4e9b\u524a\u51cf\u76f8\u5f53\u4e8e\u5168\u7403\u4f9b\u5e94\u91cf\u76841.5%\uff0c\u77f3\u6cb9\u8f93\u51fa\u56fd\u7ec4\u7ec7\u53ca\u975e\u6210\u5458\u56fd\u627f\u8bfa\u7684\u603b\u51cf\u4ea7\u91cf\u8fbe\u5230516\u4e07\u6876\/\u5929\u3002\u963f\u5c14\u53ca\u5229\u4e9a\u4e5f\u5c06\u57288\u6708\u4efd\u989d\u5916\u51cf\u4ea72\u4e07\u6876\uff0c\u4ee5\u652f\u6301\u5e02\u573a\u5e73\u8861\u52aa\u529b\u3002\u77f3\u6cb9\u8f93\u51fa\u56fd\u7ec4\u7ec7\u53ca\u975e\u6210\u5458\u56fd\u5df2\u7ecf\u5b9e\u65bd\u4e86366\u4e07\u6876\/\u65e5\u7684\u51cf\u4ea7\u8ba1\u5212\u3002\u7531\u4e8e\u77f3\u6cb9\u51cf\u4ea7\u5bfc\u81f4\u4f9b\u5e94\u7d27\u5f20\uff0c\u6cb9\u4ef7\u5df2\u663e\u793a\u51fa\u4e0a\u6da8\u8ff9\u8c61\u3002<\/li><li><strong>\u4e2d\u56fd\u523a\u6fc0\u9884\u671f\u3002<\/strong>\u5728\u65b0\u51a0\u80ba\u708e\u75ab\u60c5\u540e\u7684\u590d\u82cf\u4e2d\uff0c\u4e2d\u56fd\u9886\u5bfc\u4eba\u627f\u8bfa\u52a0\u5927\u5bf9\u7ecf\u6d4e\u7684\u653f\u7b56\u652f\u6301\u529b\u5ea6\uff0c\u91cd\u70b9\u662f\u63d0\u632f\u5185\u9700\u3002\u8fd9\u5305\u62ec\u6269\u5927\u56fd\u5185\u9700\u6c42\uff0c\u589e\u52a0\u5c45\u6c11\u6536\u5165\u4ee5\u63a8\u52a8\u6d88\u8d39\u4e3b\u5bfc\u7684\u7ecf\u6d4e\u589e\u957f\uff0c\u4ee5\u53ca\u4fc3\u8fdb\u5305\u62ec\u6c7d\u8f66\u3001\u7535\u5b50\u3001\u5bb6\u5c45\u4ea7\u54c1\u548c\u65c5\u6e38\u4e1a\u5728\u5185\u7684\u5404\u4e2a\u9886\u57df\u7684\u6295\u8d44\u3002\u653f\u5e9c\u8fd8\u5c06\u8c03\u6574\u623f\u5730\u4ea7\u653f\u7b56\uff0c\u4ee5\u5e94\u5bf9\u623f\u5730\u4ea7\u5e02\u573a\u7684\u53d8\u5316\uff0c\u5316\u89e3\u5730\u65b9\u653f\u5e9c\u503a\u52a1\u98ce\u9669\u3002\u4f5c\u4e3a\u4e16\u754c\u7b2c\u4e8c\u5927\u77f3\u6cb9\u6d88\u8d39\u56fd\uff0c\u4e2d\u56fd\u5f53\u5c40\u7684\u884c\u52a8\u548c\u5bf9\u56fd\u5185\u9700\u6c42\u7684\u5173\u6ce8\u53ef\u80fd\u4f1a\u5bf9\u77f3\u6cb9\u9700\u6c42\u4ea7\u751f\u5f71\u54cd\u3002\u968f\u7740\u4e2d\u56fd\u653f\u5e9c\u8ba1\u5212\u63d0\u632f\u7ecf\u6d4e\u6d3b\u52a8\uff0c\u9884\u8ba1\u77f3\u6cb9\u9700\u6c42\u5c06\u4e0a\u5347\uff0c\u968f\u7740\u9700\u6c42\u8d85\u8fc7\u4f9b\u5e94\uff0c\u53ef\u80fd\u5bfc\u81f4\u6cb9\u4ef7\u4e0a\u6da8\u3002<\/li><li><strong>\u4fc4\u7f57\u65af\u51fa\u53e3\u6298\u6263\u964d\u4f4e\u3002<\/strong>\u4fc4\u7f57\u65af\u8d22\u653f\u90e8\u6253\u7b97\u5c06\u7528\u4e8e\u8ba1\u7b97\u539f\u6cb9\u51fa\u53e3\u7a0e\u7684\u6298\u6263\u4ece\u6bcf\u687625\u7f8e\u5143\u964d\u81f320\u7f8e\u5143\u3002\u8fd9\u4e00\u51b3\u5b9a\u662f\u5bf9\u897f\u65b9\u5236\u88c1\u7684\u56de\u5e94\uff0c\u5305\u62ec\u5bf9\u4fc4\u7f57\u65af\u539f\u6cb9\u51fa\u53e3\u6bcf\u687660\u7f8e\u5143\u7684\u4ef7\u683c\u4e0a\u9650\u548c\u6b27\u76df\u7684\u8fdb\u53e3\u7981\u4ee4\uff0c\u5f71\u54cd\u4e86\u4fc4\u7f57\u65af\u7684\u77f3\u6cb9\u9500\u552e\u3002\u6298\u4ef7\u662f\u57fa\u4e8e\u4fc4\u7f57\u65af\u5360\u4e3b\u5bfc\u5730\u4f4d\u7684\u4e4c\u62c9\u5c14\u6df7\u5408\u539f\u6cb9\u3002\u8d22\u653f\u90e8\u8fd8\u5728\u7814\u7a76\u8fdb\u4e00\u6b65\u6539\u5584\u77f3\u6cb9\u51fa\u53e3\u7a0e\u6536\u8ba1\u7b97\u7684\u63aa\u65bd\u3002\u7531\u4e8e\u6298\u6263\u51cf\u5c11\uff0c\u4fc4\u7f57\u65af\u539f\u6cb9\u51fa\u53e3\u7684\u4e70\u5bb6\u5c06\u9762\u4e34\u66f4\u9ad8\u7684\u6bcf\u6876\u6210\u672c\u3002<\/li><li><strong>\u963f\u66fc\u548c\u632a\u5a01\u7684\u77f3\u6cb9\u4ea7\u91cf\u3002<\/strong>\u4eca\u5e746\u6708\uff0cRex International Holding\u7684\u5b50\u516c\u53f8Masirah Oil\u62a5\u544a\u79f0\uff0c\u4f4d\u4e8e\u963f\u66fc\u8fd1\u6d7750\u533a\u5757\u7684Yumna\u6cb9\u7530\u7684\u5e73\u5747\u77f3\u6cb9\u65e5\u4ea7\u91cf\u4e3a3364\u6876\u3002Rex International\u6301\u6709Masirah Oil 91.81%\u7684\u80a1\u4efd\u3002\u6b64\u5916\uff0cRex International\u7684\u5b50\u516c\u53f8Lime Petroleum\u5728\u540c\u4e00\u4e2a\u6708\u8bb0\u5f55\u4e86\u632a\u5a01Brage\u6cb9\u7530\u6bcf\u59294,370\u6876\u6cb9\u5f53\u91cf\u7684\u77f3\u6cb9\u4ea7\u91cf\uff0cYme\u6cb9\u7530\u6bcf\u59291,907\u6876\u6cb9\u5f53\u91cf\u7684\u77f3\u6cb9\u4ea7\u91cf\u3002Lime\u77f3\u6cb9\u516c\u53f8\u62e5\u6709Brage\u6cb9\u753033.8%\u7684\u6743\u76ca\u548cYme\u6cb9\u753010%\u7684\u6743\u76ca\u3002<\/li><li><strong>22\u8d22\u5e74\u4e1a\u7ee9\u56de\u987e\u3002<\/strong>\u516c\u53f8\u57282022\u5e74\u4e8f\u635f100\u4e07\u7f8e\u5143\uff0c\u800c2022\u5e74\u51c0\u5229\u6da6\u4e3a6,720\u4e07\u7f8e\u5143\u300222\u8d22\u5e74\u539f\u6cb9\u9500\u552e\u6536\u5165\u589e\u957f7%\uff0c\u8fbe\u52301.703\u4ebf\u7f8e\u5143\u3002<\/li><li><strong>\u5e02\u573a\u5171\u8bc6\u3002<img loading=\"lazy\" decoding=\"async\" width=\"497\" height=\"106\" class=\"wp-image-30721\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-725.png\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-725.png 497w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-725-300x64.png 300w\" sizes=\"(max-width: 497px) 100vw, 497px\" \/><\/strong><\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1226\" height=\"776\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-726.png\" alt=\"\" class=\"wp-image-30722\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-726.png 1226w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-726-300x190.png 300w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-726-1024x648.png 1024w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-726-768x486.png 768w\" sizes=\"(max-width: 1226px) 100vw, 1226px\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\">(Source: Bloomberg)<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><a id=\"post-30675-_wqsyfh3srl0i\"><\/a><strong><img loading=\"lazy\" decoding=\"async\" width=\"637\" height=\"135\" class=\"wp-image-30723\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-727.png\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-727.png 637w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-727-300x64.png 300w\" sizes=\"(max-width: 637px) 100vw, 637px\" \/><\/strong><\/h3>\n\n\n\n<h3 class=\"wp-block-heading\"><a id=\"post-30675-_k6uh0sf69l1b\"><\/a><strong>\u6d77\u5ead (STM SP)\uff1a\u66f4\u591a\u5b50\u5f39\u53ef\u4f9b\u53d1\u5c04<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>\u91cd\u7533\u4e70\u5165\uff1a\u4e70\u5165\u4ef7\uff1a0.141\uff0c\u76ee\u6807\u4ef7\uff1a0.151\uff0c\u6b62\u635f\u4ef7\uff1a0.136<\/strong><\/li><li>\u6d77\u5ead\u63d0\u4f9b\u6d77\u4e0a\u548c\u6d77\u6d0b\u5de5\u7a0b\u89e3\u51b3\u65b9\u6848\u3002\u5b83\u901a\u8fc7\u4e24\u4e2a\u90e8\u95e8\u8fd0\u8425:\u94bb\u673a\u548c\u6d6e\u5b50\uff0c\u7ef4\u4fee\u548c\u5347\u7ea7\uff0c\u6d77\u4e0a\u5e73\u53f0\u548c\u4e13\u4e1a\u9020\u8239;\u548c\u79df\u8239\u3002<\/li><li><strong>\u7eff\u8272\u8d38\u6613\u878d\u8d44\u3002<\/strong>\u8be5\u516c\u53f8\u4ece\u534e\u4fa8\u94f6\u884c\u83b7\u5f97\u4e86\u603b\u989d\u4e3a7.2\u4ebf\u6b27\u5143\uff08\u540810.4\u4ebf\u65b0\u5143\uff09\u7684\u7eff\u8272\u8d38\u6613\u878d\u8d44\u5b89\u6392\u3002\u8be5\u878d\u8d44\u5c06\u7279\u522b\u7528\u4e8e\u8be5\u516c\u53f8\u7684\u6d77\u4e0a\u53ef\u518d\u751f\u80fd\u6e90\u9879\u76ee\u548c\u8131\u78b3\u3002\u6700\u65b0\u7684\u53ef\u518d\u751f\u80fd\u6e90\u548c\u7eff\u8272\u89e3\u51b3\u65b9\u6848\u9879\u76ee\u7ea6\u5360\u51c0\u8ba2\u5355\u603b\u989d\u768439%\uff0c\u603b\u8ba2\u5355\u5728\u7b2c\u4e00\u5b63\u5ea6\u589e\u52a0\u5230200\u4ebf\u65b0\u5143\u3002<\/li><li><strong>\u9884\u8ba1\u4e0a\u6e38\u6cb9\u6c14\u8d44\u672c\u652f\u51fa\u5c06\u6e29\u548c\u589e\u957f\u3002<\/strong>\u5c3d\u7ba1\u81ea2022\u5e747\u6708\u4ee5\u6765\uff0c\u968f\u7740\u5168\u7403\u7ecf\u6d4e\u589e\u957f\u653e\u7f13\uff0c\u5c24\u5176\u662f\u4e2d\u56fd\u7ecf\u6d4e\u590d\u82cf\u653e\u7f13\uff0c\u6cb9\u4ef7\u5df2\u7ecf\u89c1\u9876\uff0c\u4f46\u6cb9\u6c14\u4e0a\u6e38\u652f\u51fa\u4ecd\u5728\u7ee7\u7eed\u3002\u5236\u88c1\u4e4b\u540e\uff0c\u77f3\u6cb9\u5de8\u5934\u52a0\u5feb\u4e86\u5728\u4fc4\u7f57\u65af\u5883\u5916\u52d8\u63a2\u548c\u5f00\u53d1\u77f3\u6cb9\u8d44\u6e90\u7684\u6b65\u4f10\u3002\u56e0\u6b64\uff0c2023\u81f32024\u5e74\u4e0a\u6e38\u8d44\u672c\u652f\u51fa\u4ecd\u6709\u6e29\u548c\u589e\u957f\u3002<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u5168\u7403\u4e0a\u6e38\u6cb9\u6c14\u8d44\u672c\u652f\u51fa<\/strong><\/p>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\"><img loading=\"lazy\" decoding=\"async\" width=\"1048\" height=\"623\" class=\"wp-image-30724\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-728.png\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-728.png 1048w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-728-300x178.png 300w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-728-1024x609.png 1024w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-728-768x457.png 768w\" sizes=\"(max-width: 1048px) 100vw, 1048px\" \/> (Source: Bloomberg)<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>22\u8d22\u5e74\u4e1a\u7ee9\u56de\u987e\u3002<\/strong>\u8425\u6536\u540c\u6bd4\u589e\u957f4.6%\uff0c\u4ece\u53bb\u5e74\u768418.62\u4ebf\u65b0\u5143\u589e\u81f319.47\u4ebf\u65b0\u5143\u3002\u51c0\u4e8f\u635f\u540c\u6bd4\u4e0b\u964d78.0%\uff0c\u4ece21\u8d22\u5e74\u7684- 11.71\u4ebf\u65b0\u5143\u964d\u81f3- 2.61\u4ebf\u65b0\u5143\u300222\u5e74\u4e0b\u534a\u5e74\u7684EBITDA\u4e3a\u6b63\u503c\uff0c22\u8d22\u5e74\u7684EBITDA\u4e3a-700\u4e07\u65b0\u5143\uff0c\u6bd4\u4e4b\u524d\u7684-10.28\u4ebf\u65b0\u5143\u540c\u6bd4\u4e0b\u964d99%\u3002\u516c\u53f8\u5c06\u4e8e7\u670828\u65e5\u516c\u5e0323\u8d22\u5e74\u4e0a\u534a\u5e74\u4e1a\u7ee9\u3002<\/li><li><strong>\u5e02\u573a\u5171\u8bc6\u3002<\/strong><\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"497\" height=\"106\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-729.png\" alt=\"\" class=\"wp-image-30725\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-729.png 497w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-729-300x64.png 300w\" sizes=\"(max-width: 497px) 100vw, 497px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1226\" height=\"776\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-730.png\" alt=\"\" class=\"wp-image-30726\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-730.png 1226w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-730-300x190.png 300w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-730-1024x648.png 1024w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-730-768x486.png 768w\" sizes=\"(max-width: 1226px) 100vw, 1226px\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\">(Source: Bloomberg)<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><a id=\"post-30675-_shbq9r8fej73\"><\/a><strong><img loading=\"lazy\" decoding=\"async\" width=\"637\" height=\"135\" class=\"wp-image-30727\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-731.png\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-731.png 637w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-731-300x64.png 300w\" sizes=\"(max-width: 637px) 100vw, 637px\" \/><\/strong><\/h3>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"hk\"><a id=\"post-30675-_f3bvj0c8rd86\"><\/a><strong><img loading=\"lazy\" decoding=\"async\" width=\"602\" height=\"128\" class=\"wp-image-30728\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-732.png\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-732.png 602w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-732-300x64.png 300w\" sizes=\"(max-width: 602px) 100vw, 602px\" \/><\/strong><a id=\"post-30675-_bys537v6t4yf\"><\/a><\/h3>\n\n\n\n<h3 class=\"wp-block-heading\"><a id=\"post-30675-_opbcte2ys84b\"><\/a><strong>\u6c5f\u897f\u94dc\u4e1a (358 HK)\uff1a\u8fdb\u4e00\u6b65\u653e\u5bbd\u623f\u5730\u4ea7\u884c\u4e1a\u7ba1\u5236<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>\u91cd\u7533\u4e70\u5165\uff1a\u4e70\u5165\u4ef7\uff1a12.6\uff0c\u76ee\u6807\u4ef7\uff1a13.8\uff0c\u6b62\u635f\u4ef7\uff1a12.0<\/strong><\/li><li>\u6c5f\u897f\u94dc\u4e1a\u80a1\u4efd\u6709\u9650\u516c\u53f8\u662f\u4e00\u5bb6\u4e3b\u8981\u4ece\u4e8b\u94dc\u91c7\u9009\u3001\u51b6\u70bc\u548c\u52a0\u5de5\u7684\u4e2d\u56fd\u516c\u53f8\u3002\u8be5\u516c\u53f8\u8fd8\u4ece\u4e8b\u8d35\u91d1\u5c5e\u53ca\u7a00\u6563\u91d1\u5c5e\u7684\u63d0\u53d6\u4e0e\u52a0\u5de5\uff0c\u786b\u5316\u5de5\uff0c\u4ee5\u53ca\u91d1\u878d\u548c\u8d38\u6613\u4e1a\u52a1\u3002\u8be5\u516c\u53f8\u7684\u4ea7\u54c1\u5305\u62ec\u9634\u6781\u94dc\u3001\u9ec4\u91d1\u3001\u767d\u94f6\u3001\u786b\u9178\u3001\u94dc\u6746\u3001\u94dc\u7b94\u3001\u7852\u3001\u78b2\u3001\u94fc\u3001\u94cb\u7b49\u3002\u8be5\u516c\u53f8\u4e3b\u8981\u5728\u4e2d\u56fd\u5927\u9646\u548c\u9999\u6e2f\u5f00\u5c55\u4e1a\u52a1\u3002<\/li><li><strong>\u652f\u6301\u623f\u5730\u4ea7\u884c\u4e1a\u3002<\/strong>\u4e2d\u56fd\u6700\u8fd1\u4e00\u6b21\u653f\u6cbb\u5c40\u4f1a\u8bae\u8868\u660e\uff0c\u5c06\u52a0\u5927\u5bf9\u9677\u5165\u56f0\u5883\u7684\u623f\u5730\u4ea7\u884c\u4e1a\u7684\u652f\u6301\u529b\u5ea6\uff0c\u540c\u65f6\u627f\u8bfa\u63d0\u632f\u6d88\u8d39\uff0c\u89e3\u51b3\u5730\u65b9\u653f\u5e9c\u503a\u52a1\u95ee\u9898\u3002\u4ed6\u8fd8\u8ba4\u8bc6\u5230\u623f\u5730\u4ea7\u5e02\u573a\u7684\u4f9b\u9700\u52a8\u6001\u53d1\u751f\u4e86\u201c\u91cd\u5927\u201d\u53d8\u5316\u3002\u4f1a\u8bae\u5f3a\u8c03\uff0c\u4e2d\u56fd\u53ef\u4ee5\u91cd\u65b0\u8003\u8651\u6b64\u524d\u5728\u4e00\u4e8c\u7ebf\u57ce\u5e02\u5b9e\u65bd\u7684\u4e25\u5389\u63aa\u65bd\uff0c\u4ee5\u53ca\u65f6\u8c03\u6574\u548c\u4f18\u5316\u653f\u7b56\u3002\u5c06\u53bb\u5e74\u5b9e\u65bd\u768416\u9879\u6307\u5bfc\u610f\u89c1\u5ef6\u957f\u81f32024\u5e7412\u670831\u65e5\uff0c\u5c06\u4fc3\u8fdb\u91d1\u878d\u673a\u6784\u4e0e\u623f\u5730\u4ea7\u4f01\u4e1a\u534f\u5546\u672a\u507f\u8d37\u6b3e\uff0c\u4fc3\u8fdb\u5e02\u573a\u53cb\u597d\u65b9\u5f0f\uff0c\u4fdd\u62a4\u503a\u6743\u4eba\u6743\u5229\u3002\u8fd9\u4e9b\u5bf9\u4e2d\u56fd\u623f\u5730\u4ea7\u7ecf\u6d4e\u7684\u653f\u7b56\u652f\u6301\u53ef\u80fd\u4f1a\u63a8\u52a8\u5bf9\u5305\u62ec\u94dc\u5728\u5185\u7684\u5efa\u7b51\u6750\u6599\u7684\u9700\u6c42\u3002<\/li><li><strong>\u94dc\u671f\u8d27\u53cd\u5f39<\/strong>\u3002\u7531\u4e8e\u4e2d\u56fd\u5468\u4e00\u516c\u5e03\u4e86\u6709\u5229\u7684\u7ecf\u6d4e\u523a\u6fc0\u8ba1\u5212\uff0c\u5468\u4e8c\u94dc\u671f\u8d27\u53cd\u5f39\u8d85\u8fc71.8%\u3002<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u94dc\u671f\u8d27\u4ef7\u683c\u8d70\u52bf<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1226\" height=\"793\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-733.png\" alt=\"\" class=\"wp-image-30729\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-733.png 1226w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-733-300x194.png 300w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-733-1024x662.png 1024w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-733-768x497.png 768w\" sizes=\"(max-width: 1226px) 100vw, 1226px\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\">(Source: Bloomberg)<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>22\u8d22\u5e74\u4e1a\u7ee9\u3002<\/strong>\u8425\u6536\u589e\u81f3\u4eba\u6c11\u5e011277\u4ebf\u5143\uff0c\u540c\u6bd4\u589e\u957f4.57%\u3002\u6bdb\u5229\u6da6\u4e0b\u964d7.5%\u81f3\u4eba\u6c11\u5e0133\u4ebf\u5143\u3002\u51c0\u5229\u6da617.6\u4ebf\u5143\uff0c\u540c\u6bd4\u589e\u957f19.1%\u3002<\/li><li><strong>\u5e02\u573a\u5171\u8bc6\u3002<img loading=\"lazy\" decoding=\"async\" width=\"497\" height=\"106\" class=\"wp-image-30730\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-734.png\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-734.png 497w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-734-300x64.png 300w\" sizes=\"(max-width: 497px) 100vw, 497px\" \/><\/strong><\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1226\" height=\"776\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-735.png\" alt=\"\" class=\"wp-image-30731\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-735.png 1226w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-735-300x190.png 300w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-735-1024x648.png 1024w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-735-768x486.png 768w\" sizes=\"(max-width: 1226px) 100vw, 1226px\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\">(Source: Bloomberg)<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><a id=\"post-30675-_v0tgrq7sbyi8\"><\/a><strong><img loading=\"lazy\" decoding=\"async\" width=\"637\" height=\"135\" class=\"wp-image-30732\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-736.png\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-736.png 637w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-736-300x64.png 300w\" sizes=\"(max-width: 637px) 100vw, 637px\" \/><\/strong><\/h3>\n\n\n\n<h3 class=\"wp-block-heading\"><a id=\"post-30675-_5cvp9cbo48v4\"><\/a><strong>\u963f\u91cc\u5df4\u5df4 (9988 HK)\uff1a\u4e2d\u592e\u653f\u6cbb\u5c40\u4f1a\u8bae\u91ca\u653e\u4e86\u66f4\u591a\u523a\u6fc0\u63aa\u65bd<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>\u91cd\u7533\u4e70\u5165\uff1a\u4e70\u5165\u4ef7\uff1a90.0\uff0c\u76ee\u6807\u4ef7\uff1a99.0\uff0c\u6b62\u635f\u4ef7\uff1a87.0<\/strong><\/li><li>\u963f\u91cc\u5df4\u5df4\u96c6\u56e2\u63a7\u80a1\u6709\u9650\u516c\u53f8\u63d0\u4f9b\u6280\u672f\u57fa\u7840\u8bbe\u65bd\u53ca\u8425\u9500\u5e73\u53f0\u3002\u8be5\u516c\u53f8\u8fd0\u8425\u4e03\u4e2a\u4e1a\u52a1\u5206\u90e8\u3002\u4e2d\u56fd\u5546\u4e1a\u5206\u90e8\u5305\u62ec\u4e2d\u56fd\u96f6\u552e\u5546\u4e1a\u4e1a\u52a1\u5982\u6dd8\u5b9d\u3001\u5929\u732b\u3001\u76d2\u9a6c\u7b49\u4ee5\u53ca\u6279\u53d1\u4e1a\u52a1\u3002\u56fd\u9645\u5546\u4e1a\u5206\u90e8\u5305\u62ec\u56fd\u9645\u96f6\u552e\u53ca\u6279\u53d1\u5546\u4e1a\u4e1a\u52a1\uff0c\u5982Lazada\u3001\u901f\u5356\u901a\u7b49\u3002\u672c\u5730\u751f\u6d3b\u670d\u52a1\u5206\u90e8\u5305\u62ec\u57fa\u4e8e\u4f4d\u7f6e\u4e1a\u52a1\uff0c\u5982\u997f\u4e86\u4e48\u3001\u9ad8\u5fb7\u3001\u98de\u732a\u7b49\u3002\u83dc\u9e1f\u5206\u90e8\u5305\u62ec\u56fd\u5185\u53ca\u56fd\u9645\u4e00\u7ad9\u5f0f\u7269\u6d41\u670d\u52a1\u53ca\u4f9b\u5e94\u94fe\u7ba1\u7406\u89e3\u51b3\u65b9\u6848\u3002\u4e91\u4e1a\u52a1\u5206\u90e8\u5305\u62ec\u5411\u56fd\u5185\u5916\u4f01\u4e1a\u63d0\u4f9b\u516c\u6709\u4e91\u670d\u52a1\u548c\u6df7\u5408\u4e91\u670d\u52a1\uff0c\u5982\u963f\u91cc\u4e91\u53ca\u9489\u9489\u3002\u6570\u5b57\u5a92\u4f53\u53ca\u5a31\u4e50\u5206\u90e8\u5305\u62ec\u4f18\u9177\u3001\u5938\u514b\u548c\u963f\u91cc\u5f71\u4e1a\uff0c\u4ee5\u53ca\u5176\u4ed6\u5185\u5bb9\u548c\u5206\u9500\u5e73\u53f0\u4ee5\u53ca\u7ebf\u4e0a\u6e38\u620f\u4e1a\u52a1\u3002\u521b\u65b0\u4e1a\u52a1\u53ca\u5176\u4ed6\u5206\u90e8\u5305\u62ec\u8fbe\u6469\u9662\u3001\u5929\u732b\u7cbe\u7075\u53ca\u5176\u4ed6\u4e1a\u52a1\u3002<\/li><li><strong>\u523a\u6fc0\u7ecf\u6d4e\u523a\u6fc0\u56fd\u5185\u6d88\u8d39\u3002<\/strong>\u4e2d\u56fd\u7ecf\u6d4e\u590d\u82cf\u9762\u4e34\u9700\u6c42\u4e0d\u8db3\u3001\u52a8\u529b\u4e4f\u529b\u3001\u4fe1\u5fc3\u4e0d\u8db3\u7b49\u6311\u6218\u3002\u57287\u6708\u4efd\u7684\u653f\u6cbb\u5c40\u4f1a\u8bae\u4e0a\uff0c\u4e2d\u56fd\u6700\u9ad8\u9886\u5bfc\u4eba\u627f\u8bfa\u52a0\u5927\u5bf9\u7ecf\u6d4e\u7684\u653f\u7b56\u652f\u6301\uff0c\u4ee5\u89e3\u51b3\u7531\u4e8e\u56fd\u5185\u5916\u9700\u6c42\u75b2\u8f6f\u800c\u5bfc\u81f4\u7684\u7b2c\u4e8c\u5b63\u5ea6\u7ecf\u6d4e\u589e\u957f\u653e\u7f13\u7684\u95ee\u9898\u3002\u653f\u5e9c\u5c06\u5728\u5b9e\u65bd\u7a33\u5065\u7684\u8d27\u5e01\u653f\u7b56\u548c\u79ef\u6781\u7684\u8d22\u653f\u653f\u7b56\u7684\u540c\u65f6\uff0c\u5b9e\u65bd\u7cbe\u51c6\u6709\u529b\u7684\u5b8f\u89c2\u8c03\u63a7\u3002\u4e3a\u4fc3\u8fdb\u7ecf\u6d4e\u590d\u82cf\uff0c\u4e2d\u56fd\u5c06\u79ef\u6781\u6269\u5927\u5185\u9700\uff0c\u63a8\u52a8\u6d88\u8d39\u62c9\u52a8\u7ecf\u6d4e\u589e\u957f\uff0c\u6269\u5927\u6c7d\u8f66\u3001\u7535\u5b50\u3001\u5bb6\u5c45\u3001\u65c5\u6e38\u7b49\u884c\u4e1a\u9700\u6c42\u3002\u4e3a\u4e86\u652f\u6301\u7ecf\u6d4e\uff0c\u653f\u5e9c\u5c06\u8c03\u6574\u623f\u5730\u4ea7\u653f\u7b56\uff0c\u89e3\u51b3\u5730\u65b9\u653f\u5e9c\u503a\u52a1\u98ce\u9669\uff0c\u5e76\u4e3a\u79c1\u8425\u4f01\u4e1a\u521b\u9020\u66f4\u6709\u5229\u7684\u73af\u5883\u3002\u4e2d\u56fd\u8fd8\u5728\u91c7\u53d6\u63aa\u65bd\u7a33\u5b9a\u8d38\u6613\u3001\u5916\u56fd\u6295\u8d44\uff0c\u5e76\u6539\u5584\u79c1\u8425\u90e8\u95e8\u7684\u589e\u957f\u524d\u666f\u3002\u6b64\u5916\uff0c\u4e2d\u56fd\u5546\u52a1\u90e8\u6700\u8fd1\u516c\u5e03\u4e86\u4e00\u9879\u65e8\u5728\u4fc3\u8fdb\u56fd\u5185\u5bb6\u5ead\u6d88\u8d39\u54c1\u548c\u670d\u52a1\u6d88\u8d39\u768411\u70b9\u8ba1\u5212\u3002<\/li><li><strong>\u4f9b\u5e94\u94fe\u5efa\u7acb\u3002<\/strong>\u963f\u91cc\u5df4\u5df4\u7684\u7269\u6d41\u90e8\u95e8\u83dc\u9e1f\u96c6\u56e2\u5c06\u52a0\u5feb\u5168\u7403\u7269\u6d41\u7f51\u7edc\u7684\u53d1\u5c55\uff0c\u5e76\u901a\u8fc7\u66f4\u591a\u7684\u672c\u5730\u4ed3\u50a8\u548c\u914d\u9001\u4e2d\u5fc3\u6269\u5927\u5176\u5728\u6b27\u6d32\u3001\u5317\u7f8e\u548c\u4e1c\u5357\u4e9a\u7684\u4e1a\u52a1\u3002\u5728\u672a\u6765\u5341\u5e74\uff0c\u83dc\u9e1f\u7684\u76ee\u6807\u662f\u5efa\u7acb\u4e00\u4e2a\u9886\u5148\u7684\u5168\u7403\u667a\u80fd\u7269\u6d41\u7f51\u7edc\uff0c\u8986\u76d6\u56fd\u5185\u3001\u8de8\u5883\u548c\u6d77\u5916\u7269\u6d41\uff0c\u5305\u62ec\u6700\u540e\u4e00\u82f1\u91cc\u914d\u9001\u548c\u7269\u6d41\u6280\u672f\u3002\u4e3a\u4e86\u5b9e\u73b0\u8fd9\u4e00\u76ee\u6807\uff0c\u4ed6\u4eec\u6b63\u5728\u4e0e\u5168\u7403\u901f\u5356\u901a\u5408\u4f5c\uff0c\u63d0\u4f9b\u4e00\u9879\u5168\u7403\u5feb\u9012\u670d\u52a1\uff0c\u4fdd\u8bc1\u8de8\u5883\u5305\u88f9\u57285\u4e2a\u5de5\u4f5c\u65e5\u5185\u9001\u8fbe\uff0c\u6bd4\u884c\u4e1a\u6807\u51c6\u5feb30%\u3002\u8be5\u516c\u53f8\u5df2\u7ecf\u6269\u5927\u4e86\u5168\u7403\u7269\u6d41\u57fa\u7840\u8bbe\u65bd\uff0c\u62e5\u670918\u4e2a\u6d77\u5916\u914d\u9001\u4e2d\u5fc3\u548c\u4ed3\u5e93\uff0c\u4ee5\u53ca\u81ea\u8425\u7684\u914d\u9001\u548c\u63d0\u8d27\u8bbe\u65bd\u3002<\/li><li><strong>\u63a8\u52a8\u4e9a\u6d32\u7ecf\u6d4e\u589e\u957f\u3002<\/strong>\u963f\u91cc\u5df4\u5df4\u6700\u8fd1\u5ba3\u5e03\uff0c\u5c06\u5411\u4e1c\u5357\u4e9a\u7535\u5b50\u5546\u52a1\u5b50\u516c\u53f8Lazada\u8ffd\u52a0\u6295\u8d448.4544\u4ebf\u7f8e\u5143\u3002\u6b64\u4e3e\u662f\u963f\u91cc\u5df4\u5df4\u5728\u7ade\u4e89\u6fc0\u70c8\u7684\u4e9a\u6d32\u5730\u533a\u52a0\u5f3a\u5f71\u54cd\u529b\u6218\u7565\u7684\u4e00\u90e8\u5206\u3002Lazada\u7684\u76ee\u6807\u662f\u52302030\u5e74\u5c06\u5176\u76ee\u524d\u5728\u65b0\u52a0\u5761\u3001\u5370\u5ea6\u5c3c\u897f\u4e9a\u3001\u6cf0\u56fd\u548c\u9a6c\u6765\u897f\u4e9a\u7b49\u56fd\u5bb6\u76841.6\u4ebf\u7528\u6237\u7fa4\u589e\u52a0\u52303\u4ebf\u3002\u8fd9\u4e00\u6269\u5f20\u8ba1\u5212\u5c06\u4f7fLazada\u5728\u4e1c\u5357\u4e9a\u5e02\u573a\u4e0a\u83b7\u5f97\u4e0eShopee\u548cTiktok Shop\u7b49\u7ade\u4e89\u5bf9\u624b\u7684\u7ade\u4e89\u4f18\u52bf\u3002<\/li><li><strong>22\u8d22\u5e74\u4e1a\u7ee9\u3002<\/strong>\u8425\u6536\u589e\u81f32,082\u4ebf\u5143\uff0c\u540c\u6bd4\u589e\u957f2.03%\u3002\u51c0\u5229\u6da6\u4e3a235\u4ebf\u5143\u4eba\u6c11\u5e01\uff0c\u800c\u53bb\u5e74\u540c\u671f\u51c0\u4e8f\u635f\u4e3a133\u5143\u4eba\u6c11\u5e01\u3002Non-GAAP\u644a\u8584\u540e\u6bcf\u80a1\u6536\u76ca\u4e3a\u4eba\u6c11\u5e011.34\u5143\uff0c\u540c\u6bd4\u589e\u957f35%\u3002<\/li><li><strong>\u5e02\u573a\u5171\u8bc6\u3002<\/strong><\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"497\" height=\"106\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-737.png\" alt=\"\" class=\"wp-image-30733\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-737.png 497w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-737-300x64.png 300w\" sizes=\"(max-width: 497px) 100vw, 497px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1226\" height=\"776\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-738.png\" alt=\"\" class=\"wp-image-30734\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-738.png 1226w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-738-300x190.png 300w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-738-1024x648.png 1024w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-738-768x486.png 768w\" sizes=\"(max-width: 1226px) 100vw, 1226px\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\">(Source: Bloomberg)<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"637\" height=\"135\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-739.png\" alt=\"\" class=\"wp-image-30735\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-739.png 637w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-739-300x64.png 300w\" sizes=\"(max-width: 637px) 100vw, 637px\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"us\"><a id=\"post-30675-_6xzuwbi3dcr\"><\/a><strong><img loading=\"lazy\" decoding=\"async\" width=\"827\" height=\"105\" class=\"wp-image-30736\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-740.png\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-740.png 827w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-740-300x38.png 300w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-740-768x98.png 768w\" sizes=\"(max-width: 827px) 100vw, 827px\" \/><\/strong><\/h3>\n\n\n\n<h3 class=\"wp-block-heading\"><a id=\"post-30675-_hedoypdiru92\"><\/a><a id=\"post-30675-_mc0b4ljsozkp\"><\/a><strong>Coinbase\u5168\u7403 (COIN US)\uff1a\u8d62\u5927\u4e86<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>\u91cd\u7533\u4e70\u5165\u4ef7\uff1a98.0\uff0c\u76ee\u6807\u4ef7\uff1a115.0\uff0c\u6b62\u635f\u4ef7\uff1a89.5<\/strong><\/li><li>Coinbase\u5168\u7403\u516c\u53f8\u63d0\u4f9b\u91d1\u878d\u89e3\u51b3\u65b9\u6848\u3002\u8be5\u516c\u53f8\u63d0\u4f9b\u4e70\u5356\u52a0\u5bc6\u8d27\u5e01\u7684\u5e73\u53f0\u3002<\/li><li><strong>\u6cd5\u5ead\u80dc\u5229\u3002<\/strong>Ripple Labs\u6848\u7684\u6cd5\u5ead\u80dc\u5229\u5bf9\u52a0\u5bc6\u8d27\u5e01\u548c\u533a\u5757\u94fe\u884c\u4e1a\u7684\u80a1\u4ef7\u4ea7\u751f\u4e86\u79ef\u6781\u5f71\u54cd\u3002\u8be5\u88c1\u51b3\u6e05\u9664\u4e86Ripple Labs\u8fdd\u53cd\u8054\u90a6\u8bc1\u5238\u6cd5\u7684\u884c\u4e3a\uff0c\u5e76\u5bfc\u81f4XRP\u4ee3\u5e01\u4ef7\u503c\u98d9\u534774%\u3002\u5c3d\u7ba1\u9762\u4e34\u7740SEC\u7684\u6cd5\u5f8b\u6311\u6218\uff0cCoinbase\u7684\u80a1\u4ef7\u4e5f\u98d9\u5347\u4e86\u8fd125%\u3002\u8fd9\u6807\u5fd7\u7740\u7f8e\u56fd\u6cd5\u5b98\u9996\u6b21\u505a\u51fa\u4e0d\u5229\u4e8eSEC\u7684\u88c1\u51b3\uff0c\u589e\u5f3a\u4e86\u4eba\u4eec\u5bf9\u52a0\u5bc6\u5e02\u573a\u672a\u6765\u7684\u4e50\u89c2\u60c5\u7eea\u3002\u5176\u4ed6\u516c\u53f8\uff0c\u5305\u62ecRiot Platforms, Marathon Digital Holdings, Microstrategy\u548cHut 8 Mining\uff0c\u90fd\u7ecf\u5386\u4e86\u663e\u8457\u7684\u80a1\u4ef7\u4e0a\u6da8\u3002Coinbase\u91cd\u65b0\u4e0a\u67b6XRP\u4ee3\u5e01\u4ea4\u6613\u7684\u51b3\u5b9a\u4fc3\u8fdb\u4e86\u79ef\u6781\u7684\u5e02\u573a\u60c5\u7eea\uff0c\u8868\u660e\u5bf9\u8be5\u884c\u4e1a\u589e\u957f\u6f5c\u529b\u7684\u4fe1\u5fc3\u3002\u603b\u4f53\u800c\u8a00\uff0cRipple Labs\u7684\u80dc\u5229\u5728\u63a8\u52a8\u52a0\u5bc6\u76f8\u5173\u516c\u53f8\u80a1\u4ef7\u4e0a\u6da8\u65b9\u9762\u53d1\u6325\u4e86\u81f3\u5173\u91cd\u8981\u7684\u4f5c\u7528\u3002<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u6bd4\u7279\u5e01\u53ca\u4ee5\u592a\u574a\u4ef7\u683c\u8d70\u52bf<img loading=\"lazy\" decoding=\"async\" width=\"1276\" height=\"793\" class=\"wp-image-30737\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-741.png\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-741.png 1276w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-741-300x186.png 300w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-741-1024x636.png 1024w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-741-768x477.png 768w\" sizes=\"(max-width: 1276px) 100vw, 1276px\" \/><\/strong><\/p>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\">(Source: Bloomberg)<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>\u6295\u8d44\u8005\u8d8a\u6765\u8d8a\u4e50\u89c2\u3002<\/strong>\u5728\u6709\u5229\u7684\u76d1\u7ba1\u53d1\u5c55\u548c\u6295\u8d44\u6d3b\u52a8\u589e\u52a0\u7684\u63a8\u52a8\u4e0b\uff0c\u52a0\u5bc6\u8d27\u5e01\u98d9\u5347\u81f3\u65b0\u7684\u9ad8\u5ea6\u3002\u6bd4\u7279\u5e01\u8fbe\u5230\u4e86\u81ea2022\u5e746\u6708\u4ee5\u6765\u7684\u6700\u9ad8\u4ef7\u683c\uff0c\u8d85\u8fc7\u4e8631,818\u7f8e\u5143\uff0c\u5e74\u521d\u81f3\u4eca\u7684\u6da8\u5e45\u8d85\u8fc790%\uff0c\u6708\u6da8\u5e45\u8fd130%\u3002\u5728\u79ef\u6781\u7684\u5e02\u573a\u53d8\u5316\u7684\u652f\u6301\u4e0b\uff0c\u4ee5\u592a\u5e01\u548c\u745e\u6ce2\u5e01\u4e5f\u7ecf\u5386\u4e86\u663e\u8457\u7684\u4e0a\u6da8\u3002\u5141\u8bb8Ripple\u5728\u516c\u5171\u52a0\u5bc6\u4ea4\u6613\u6240\u4ea4\u6613\u7684\u6cd5\u5f8b\u88c1\u51b3\u5728\u63a8\u52a8\u5e02\u573a\u98d9\u5347\u65b9\u9762\u53d1\u6325\u4e86\u5173\u952e\u4f5c\u7528\u3002\u76d1\u7ba1\u6539\u9769\uff0c\u52a0\u4e0a\u91d1\u878d\u5de8\u5934\u8d1d\u83b1\u5fb7 (BlackRock) \u548c\u5bcc\u8fbe (Fidelity) \u7684\u53c2\u4e0e\uff0c\u5f15\u53d1\u4e86\u6295\u8d44\u8005\u60c5\u7eea\u7684\u79ef\u6781\u8f6c\u53d8\u3002\u8f83\u5c0f\u7684\u52a0\u5bc6\u8d27\u5e01\u4e5f\u53d7\u76ca\u4e8e\u8fd9\u6b21\u53cd\u5f39\uff0c\u51fa\u73b0\u4e86\u663e\u7740\u7684\u589e\u957f\u3002\u6bd4\u7279\u5e01\u548c\u4ee5\u592a\u5e01\u7684\u6d41\u52a8\u6027\u589e\u52a0\u8868\u660e\u5e02\u573a\u6d3b\u52a8\u589e\u52a0\uff0c\u800cCoinbase\u7684\u80a1\u7968\u5468\u8f6c\u7387\u8fbe\u523014\u4e2a\u6708\u6765\u7684\u65b0\u9ad8\u3002\u8fd9\u4e9b\u4e8b\u6001\u53d1\u5c55\u6807\u5fd7\u7740\u4ece2022\u5e7411\u6708FTX\u4ea4\u6613\u6240\u5d29\u6e83\u548c\u968f\u540e\u7684\u76d1\u7ba1\u5ba1\u67e5\u7684\u540e\u679c\u4e2d\u51fa\u73b0\u4e86\u8f6c\u673a\u3002\u5c3d\u7ba1\u6311\u6218\u548c\u632b\u6298\u4f9d\u7136\u5b58\u5728\uff0c\u4f46\u4f20\u7edf\u91d1\u878d\u5b9e\u4f53\u8fdb\u5165\u52a0\u5bc6\u5e02\u573a\u5e26\u6765\u4e86\u4e50\u89c2\u548c\u52a8\u529b\u3002<\/li><li><strong>23\u8d22\u5e74\u7b2c\u4e00\u5b63\u5ea6\u4e1a\u7ee9\u56de\u987e\u3002<\/strong>\u8425\u6536\u540c\u6bd4\u4e0b\u964d33.4%\uff0c\u81f37.725\u4ebf\u7f8e\u5143\uff0c\u8d85\u51fa\u9884\u671f1.192\u4ebf\u7f8e\u5143\u3002GAAP\u6bcf\u80a1\u4e8f\u635f\u4e3a0.34\u7f8e\u5143\uff0c\u9ad8\u4e8e\u9884\u671f1.02\u7f8e\u5143\u3002<\/li><li><strong>\u5e02\u573a\u5171\u8bc6\u3002<\/strong><\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"497\" height=\"106\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-742.png\" alt=\"\" class=\"wp-image-30738\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-742.png 497w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-742-300x64.png 300w\" sizes=\"(max-width: 497px) 100vw, 497px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1226\" height=\"776\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-743.png\" alt=\"\" class=\"wp-image-30739\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-743.png 1226w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-743-300x190.png 300w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-743-1024x648.png 1024w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-743-768x486.png 768w\" sizes=\"(max-width: 1226px) 100vw, 1226px\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\">(Source: Bloomberg)<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><a id=\"post-30675-_k6bubwvkl8o3\"><\/a><img loading=\"lazy\" decoding=\"async\" width=\"940\" height=\"200\" class=\"wp-image-30740\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-744.png\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-744.png 940w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-744-300x64.png 300w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-744-768x163.png 768w\" sizes=\"(max-width: 940px) 100vw, 940px\" \/><\/h3>\n\n\n\n<h3 class=\"wp-block-heading\"><a id=\"post-30675-_5xay05fl0ao9\"><\/a><strong>\u661f\u5df4\u514b (SBUX US)\uff1a\u996e\u54c1\u6709BLACKPINK<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>\u91cd\u7533\u4e70\u5165\u4ef7\uff1a100\uff0c\u76ee\u6807\u4ef7\uff1a110\uff0c\u6b62\u635f\u4ef7\uff1a95<\/strong><\/li><li>\u661f\u5df4\u514b\u516c\u53f8\u662f\u9996\u5c48\u4e00\u6307\u7684\u5496\u5561\u70d8\u7119\u5546\u3001\u8425\u9500\u5546\u548c\u96f6\u552e\u5546\u3002\u8be5\u516c\u53f8\u63d0\u4f9b\u5305\u88c5\u548c\u5355\u676f\u5496\u5561\u548c\u8336\uff0c\u996e\u6599\u76f8\u5173\u6210\u5206\uff0c\u5373\u996e\u996e\u6599\uff0c\u4ee5\u53ca\u751f\u4ea7\u548c\u9500\u552e\u74f6\u88c5\u5496\u5561\u996e\u6599\u548c\u4e00\u7cfb\u5217\u51b0\u6dc7\u6dcb\u3002\u661f\u5df4\u514b\u4e3a\u5168\u4e16\u754c\u7684\u987e\u5ba2\u63d0\u4f9b\u670d\u52a1\u3002<\/li><li><strong>\u4e0eBlackpink\u5408\u4f5c\u3002<\/strong>\u661f\u5df4\u514b\u6700\u8fd1\u63a8\u51fa\u4e86\u4e9a\u592a\u5730\u533a\u72ec\u5bb6\u7c89\u4e1d\u4f53\u9a8c\uff0c\u4ece7\u670825\u65e5\u5f00\u59cb\uff0c\u4e3b\u6253blackpink\u4e3b\u9898\u661f\u51b0\u4e50\u548c\u9650\u91cf\u7248\u5546\u54c1\u7cfb\u5217\u3002\u8fd9\u6b21\u4e0e\u5f53\u4eca\u6700\u53d7\u6b22\u8fce\u7684\u5076\u50cf\u4e4b\u4e00\u7684\u5408\u4f5c\uff0c\u4e0e\u661f\u5df4\u514b\u81f4\u529b\u4e8e\u901a\u8fc7\u6709\u610f\u4e49\u7684\u8054\u7cfb\u63d0\u5347\u987e\u5ba2\u548c\u7c89\u4e1d\u7684\u7cbe\u795e\u4ea7\u751f\u4e86\u5171\u9e23\uff0c\u521b\u9020\u4e86\u96be\u5fd8\u7684\u661f\u5df4\u514b\u4f53\u9a8c\u3002\u968f\u9644\u7684\u9650\u91cf\u7248\u5546\u54c1\u7cfb\u5217\u62e5\u670911\u79cd\u996e\u6599\u98ce\u683c\u548c\u516d\u79cd\u751f\u6d3b\u65b9\u5f0f\u914d\u4ef6\uff0c\u91c7\u7528\u9192\u76ee\u7684\u7c89\u8272\u548c\u9ed1\u8272\u8c03\u8272\u677f\u3002\u6b64\u6b21\u5408\u4f5c\u5c06\u5728\u9999\u6e2f\u3001\u5370\u5ea6\u5c3c\u897f\u4e9a\u3001\u97e9\u56fd\u3001\u9a6c\u6765\u897f\u4e9a\u3001\u83f2\u5f8b\u5bbe\u3001\u65b0\u52a0\u5761\u3001\u53f0\u6e7e\u3001\u6cf0\u56fd\u548c\u8d8a\u5357\u7684\u90e8\u5206\u661f\u5df4\u514b\u95e8\u5e97\u8fdb\u884c\uff0c\u65e8\u5728\u5438\u5f15BLACKPINK\u7684\u7c89\u4e1d\uff0c\u4ed6\u4eec\u88ab\u4eb2\u5207\u5730\u79f0\u4e3a\u201c\u7728\u773c\u201d\uff0c\u5229\u7528\u97e9\u56fd\u6d41\u884c\u97f3\u4e50\u7684\u72c2\u70ed\u6765\u4fc3\u8fdb\u9500\u552e\u3002\u503c\u5f97\u6ce8\u610f\u7684\u662f\uff0c\u8fd9\u6b21\u5408\u4f5c\u6807\u5fd7\u7740\u661f\u5df4\u514b\u7b2c\u4e00\u6b21\u533a\u57df\u89c4\u6a21\u7684\u5408\u4f5c\u548c\u83dc\u5355\u9879\u76ee\u5f00\u53d1\uff0c\u8fd9\u8868\u660e\u4ed6\u4eec\u5bf9\u4e0e\u5168\u7403\u5076\u50cf\u5408\u4f5c\u7684\u4fe1\u5fc3\u3002<\/li><li><strong>\u6269\u5f20\u673a\u4f1a\u3002<\/strong>\u661f\u5df4\u514b\u548cCosta\u7b49\u5168\u7403\u5496\u5561\u8fde\u9501\u5e97\uff0c\u4ee5\u53ca\u745e\u5e78\u5496\u5561\u548c\u66fc\u7eb3\u5496\u5561\u7b49\u672c\u571f\u4f01\u4e1a\u4e4b\u95f4\u7684\u6fc0\u70c8\u7ade\u4e89\uff0c\u63a8\u52a8\u4e86\u5404\u56fd\u5496\u5561\u5e97\u7684\u6fc0\u589e\uff0c\u5bfc\u81f4\u5496\u5561\u6d88\u8d39\u91cf\u5927\u5e45\u98d9\u5347\u3002\u5bf9\u5496\u5561\u673a\u548c\u6765\u81ea\u56fd\u9645\u7684\u5496\u5561\u8c46\u7684\u9700\u6c42\u4e0d\u65ad\u589e\u957f\uff0c\u8fdb\u4e00\u6b65\u63a8\u52a8\u4e86\u8fd9\u4e00\u8d8b\u52bf\u3002\u5229\u7528\u5de8\u5927\u7684\u589e\u957f\u524d\u666f\uff0c\u661f\u5df4\u514b\u53d1\u73b0\u4e86\u5728\u4e2d\u56fd\u6269\u5f20\u7684\u5de8\u5927\u673a\u4f1a\uff0c\u7531\u4e8e\u65e5\u76ca\u5bcc\u88d5\u548c\u4eba\u53e3\u7684\u589e\u52a0\uff0c\u4e2d\u56fd\u7684\u5496\u5561\u6d88\u8d39\u91cf\u6b63\u5728\u4e0a\u5347\u3002\u968f\u7740\u57ce\u5e02\u5496\u5561\u6d88\u8d39\u91cf\u7684\u589e\u52a0\u548c\u5e9e\u5927\u7684\u4e2d\u7b49\u6536\u5165\u6d88\u8d39\u7fa4\u4f53\uff0c\u4e2d\u56fd\u4ecd\u7136\u662f\u5496\u5561\u884c\u4e1a\u7684\u5173\u952e\u5e02\u573a\u3002\u5168\u7403\u548c\u56fd\u5185\u7684\u5496\u5561\u8fde\u9501\u5e97\u90fd\u5728\u4f18\u5148\u8003\u8651\u4eba\u9645\u5173\u7cfb\uff0c\u4f18\u5316\u7ee9\u6548\uff0c\u5e76\u6295\u8d44\u4e8e\u6570\u5b57\u80fd\u529b\u548c\u521b\u65b0\u3002\u5728\u8fd9\u4e00\u8ffd\u6c42\u4e2d\uff0c\u4ed6\u4eec\u6b63\u5728\u5206\u914d\u66f4\u591a\u7684\u8d44\u6e90\u548c\u4eba\u529b\u8fdb\u5165\u4e2d\u56fd\u7684\u5c0f\u57ce\u5e02\uff0c\u65e8\u5728\u6316\u6398\u66f4\u5927\u7684\u6d88\u8d39\u7fa4\u4f53\uff0c\u540c\u65f6\u53d7\u76ca\u4e8e\u4e0e\u5927\u57ce\u5e02\u76f8\u6bd4\uff0c\u5728\u7ba1\u7406\u3001\u52b3\u52a8\u529b\u548c\u79df\u91d1\u65b9\u9762\u7684\u6210\u672c\u66f4\u4f4e\u3002\u8fd9\u4e00\u6218\u7565\u4e3e\u63aa\u4f7f\u5927\u578b\u672c\u5730\u5496\u5561\u54c1\u724c\u80fd\u591f\u8301\u58ee\u6210\u957f\uff0c\u5e76\u5de9\u56fa\u5176\u5728\u4e2d\u56fd\u5feb\u901f\u53d1\u5c55\u7684\u5496\u5561\u5e02\u573a\u7684\u5730\u4f4d\u3002<\/li><li><strong>\u54c1\u724c\u4f18\u52bf\u3002<\/strong>\u661f\u5df4\u514b\u51c6\u5907\u5229\u7528\u5496\u5561\u884c\u4e1a\u7684\u6301\u7eed\u589e\u957f\u548c\u6709\u5229\u7684\u987e\u5ba2\u504f\u597d\uff0c\u786e\u4fdd\u6301\u7eed\u7684\u6210\u529f\u3002\u6b64\u5916\uff0c\u8be5\u516c\u53f8\u7684\u5f3a\u52bf\u5730\u4f4d\u4f53\u73b0\u5728\u5176\u6709\u6548\u5e94\u5bf9\u6f5c\u5728\u7ecf\u6d4e\u8870\u9000\u7684\u80fd\u529b\u4e0a\u3002\u8fd9\u79cd\u5f39\u6027\u5f52\u529f\u4e8e\u5176\u5fe0\u8bda\u7684\u4f1a\u5458\u8ba1\u5212\u548c\u76f8\u5bf9\u5bcc\u88d5\u7684\u5ba2\u6237\u7fa4\u3002\u8fd9\u4e9b\u56e0\u7d20\u5171\u540c\u5de9\u56fa\u4e86\u661f\u5df4\u514b\u7684\u5e02\u573a\u5730\u4f4d\uff0c\u5e76\u52a0\u5f3a\u4e86\u5b83\u5728\u5145\u6ee1\u6311\u6218\u7684\u7ecf\u6d4e\u6761\u4ef6\u4e0b\u84ec\u52c3\u53d1\u5c55\u7684\u80fd\u529b\u3002<\/li><li><strong>23\u5e74\u7b2c\u4e8c\u5b63\u5ea6\u4e1a\u7ee9\u56de\u987e\u3002<\/strong>\u8425\u6536\u540c\u6bd4\u589e\u957f14.5%\uff0c\u8fbe\u523087\u4ebf\u7f8e\u5143\uff0c\u8d85\u51fa\u9884\u671f2.7\u4ebf\u7f8e\u5143\u3002Non-GAAP\u6bcf\u80a1\u6536\u76ca\u4e3a0.74\u7f8e\u5143\uff0c\u6bd4\u9884\u671f\u9ad8\u51fa0.09\u7f8e\u5143\u3002<\/li><li><strong>\u5e02\u573a\u5171\u8bc6\u3002<img loading=\"lazy\" decoding=\"async\" width=\"497\" height=\"106\" class=\"wp-image-30741\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-745.png\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-745.png 497w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-745-300x64.png 300w\" sizes=\"(max-width: 497px) 100vw, 497px\" \/><\/strong><\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1226\" height=\"776\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-746.png\" alt=\"\" class=\"wp-image-30742\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-746.png 1226w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-746-300x190.png 300w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-746-1024x648.png 1024w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-746-768x486.png 768w\" sizes=\"(max-width: 1226px) 100vw, 1226px\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\">(Source: Bloomberg)<\/p>\n\n\n\n<p class=\"has-text-align-right wp-block-paragraph\"><a href=\"#top\">^ Back To Top<\/a><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><a id=\"post-30675-_va9jaog5jnw3\"><\/a><img loading=\"lazy\" decoding=\"async\" width=\"637\" height=\"135\" class=\"wp-image-30743\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-747.png\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-747.png 637w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-747-300x64.png 300w\" sizes=\"(max-width: 637px) 100vw, 637px\" \/><\/h3>\n\n\n\n<figure class=\"wp-block-image\" id=\"td\"><img loading=\"lazy\" decoding=\"async\" width=\"618\" height=\"128\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-748.png\" alt=\"\" class=\"wp-image-30744\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-748.png 618w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-748-300x62.png 300w\" sizes=\"(max-width: 618px) 100vw, 618px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Trading Dashboard Update: <\/strong>Take profit on Home Depot (HD US) at US$330. Add Jiangxi Copper Co. (358 HK) at HK$12.6.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"943\" height=\"579\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-749.png\" alt=\"\" class=\"wp-image-30745\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-749.png 943w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-749-300x184.png 300w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/07\/word-image-749-768x472.png 768w\" sizes=\"(max-width: 943px) 100vw, 943px\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-right wp-block-paragraph\"><a href=\"#top\">^ Back To Top<\/a> <\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><a href=\"https:\/\/t.me\/kgisg\"><img loading=\"lazy\" decoding=\"async\" width=\"520\" height=\"142\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2022\/06\/word-image-433.png\" alt=\"\" class=\"wp-image-17077\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2022\/06\/word-image-433.png 520w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2022\/06\/word-image-433-300x82.png 300w\" sizes=\"(max-width: 520px) 100vw, 520px\" \/><\/a><\/figure><\/div>\n\n\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u65b0\u52a0\u5761\u80a1\u7968\u63a8\u8350 | \u9999\u6e2f\u80a1\u7968\u63a8\u8350 | \u7f8e\u80a1\u63a8\u8350 | \u884c\u4e1a\u677f\u5757\u8868\u73b0 | \u4ea4\u6613\u9f99\u864e\u699c \u7f8e\u56fd News Feed 1. US: Stocks fall as Dow streak ends at unlucky 13 2. Oil Ignores Fed Hike As WTI Hits $80 3. Gold braces for biggest weekly decline in five 4. US House approves first 2024 spending bill, delays a second 5. Global automakers [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":18709,"comment_status":"closed","ping_status":"open","sticky":true,"template":"","format":"standard","meta":{"_eb_attr":"","_uag_custom_page_level_css":"","footnotes":""},"categories":[13],"tags":[],"class_list":["post-30675","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-kgi-daily-trading-ideas-chinese"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.8 - aioseo.com -->\n\t<meta name=\"description\" content=\"\u65b0\u52a0\u5761\u80a1\u7968\u63a8\u8350 | \u9999\u6e2f\u80a1\u7968\u63a8\u8350 | \u7f8e\u80a1\u63a8\u8350 | \u884c\u4e1a\u677f\u5757\u8868\u73b0 | \u4ea4\u6613\u9f99\u864e\u699c \u7f8e\u56fd \u9999\u6e2f ^ Back To Top (Source: Bloomberg) (Source: Bloomberg) (Source: Bloomberg) 22\u8d22\u5e74\u4e1a\u7ee9\u3002\u8425\u6536\u589e\u81f3\u4eba\u6c11\u5e011277\u4ebf\u5143\uff0c\u540c\u6bd4\u589e\u957f4.57%\u3002\u6bdb\u5229\u6da6\u4e0b\u964d7.5%\u81f3\u4eba\u6c11\u5e0133\u4ebf\u5143\u3002\u51c0\u5229\u6da617.6\u4ebf\u5143\uff0c\u540c\u6bd4\u589e\u957f19.1%\u3002 \u5e02\u573a\u5171\u8bc6\u3002 (Source: Bloomberg) (Source: Bloomberg) (Source: Bloomberg) (Source: Bloomberg) ^ Back To Top Trading Dashboard Update: Take profit on Home Depot (HD US) at US$330. Add Jiangxi Copper Co. (358 HK) at HK$12.6.\" \/>\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<meta name=\"author\" content=\"kaijie tang\"\/>\n\t<meta name=\"keywords\" content=\"kgi daily trading ideas (chinese)\" \/>\n\t<link rel=\"canonical\" href=\"https:\/\/www.kgieworld.sg\/research\/kgi-daily-trading-ideas-28-jul-2023-zh\/\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO (AIOSEO) 4.9.8\" \/>\n\t\t<meta property=\"og:locale\" content=\"en_US\" \/>\n\t\t<meta property=\"og:site_name\" content=\"KGI Singapore Research \u2022 Singapore&#039;s leading broker offering Futures, FX, Equities and Wealth Management.\" \/>\n\t\t<meta property=\"og:type\" content=\"article\" \/>\n\t\t<meta property=\"og:title\" content=\"2023\u5e7407\u670828\u65e5: REX\u56fd\u9645 (REXI SP), \u6c5f\u897f\u94dc\u4e1a (358 HK), Coinbase\u5168\u7403 (COIN US) \u2022 KGI Singapore Research\" \/>\n\t\t<meta property=\"og:description\" content=\"\u65b0\u52a0\u5761\u80a1\u7968\u63a8\u8350 | \u9999\u6e2f\u80a1\u7968\u63a8\u8350 | \u7f8e\u80a1\u63a8\u8350 | \u884c\u4e1a\u677f\u5757\u8868\u73b0 | \u4ea4\u6613\u9f99\u864e\u699c \u7f8e\u56fd \u9999\u6e2f ^ Back To Top (Source: Bloomberg) (Source: Bloomberg) (Source: Bloomberg) 22\u8d22\u5e74\u4e1a\u7ee9\u3002\u8425\u6536\u589e\u81f3\u4eba\u6c11\u5e011277\u4ebf\u5143\uff0c\u540c\u6bd4\u589e\u957f4.57%\u3002\u6bdb\u5229\u6da6\u4e0b\u964d7.5%\u81f3\u4eba\u6c11\u5e0133\u4ebf\u5143\u3002\u51c0\u5229\u6da617.6\u4ebf\u5143\uff0c\u540c\u6bd4\u589e\u957f19.1%\u3002 \u5e02\u573a\u5171\u8bc6\u3002 (Source: Bloomberg) (Source: Bloomberg) (Source: Bloomberg) (Source: Bloomberg) ^ Back To Top Trading Dashboard Update: Take profit on Home Depot (HD US) at US$330. Add Jiangxi Copper Co. (358 HK) at HK$12.6.\" \/>\n\t\t<meta property=\"og:url\" content=\"https:\/\/www.kgieworld.sg\/research\/kgi-daily-trading-ideas-28-jul-2023-zh\/\" \/>\n\t\t<meta property=\"og:image\" content=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2026\/04\/KGI-Logo_\u255b\u03b5ai\u252c\u253carRGB_PNG.png?wsr\" \/>\n\t\t<meta property=\"og:image:secure_url\" content=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2026\/04\/KGI-Logo_\u255b\u03b5ai\u252c\u253carRGB_PNG.png?wsr\" \/>\n\t\t<meta property=\"article:published_time\" content=\"2023-07-27T23:00:00+00:00\" \/>\n\t\t<meta property=\"article:modified_time\" content=\"2023-07-28T02:36:10+00:00\" \/>\n\t\t<meta name=\"twitter:card\" content=\"summary\" \/>\n\t\t<meta name=\"twitter:title\" content=\"2023\u5e7407\u670828\u65e5: REX\u56fd\u9645 (REXI SP), \u6c5f\u897f\u94dc\u4e1a (358 HK), Coinbase\u5168\u7403 (COIN US) \u2022 KGI Singapore Research\" \/>\n\t\t<meta name=\"twitter:description\" content=\"\u65b0\u52a0\u5761\u80a1\u7968\u63a8\u8350 | \u9999\u6e2f\u80a1\u7968\u63a8\u8350 | \u7f8e\u80a1\u63a8\u8350 | \u884c\u4e1a\u677f\u5757\u8868\u73b0 | \u4ea4\u6613\u9f99\u864e\u699c \u7f8e\u56fd \u9999\u6e2f ^ Back To Top (Source: Bloomberg) (Source: Bloomberg) (Source: Bloomberg) 22\u8d22\u5e74\u4e1a\u7ee9\u3002\u8425\u6536\u589e\u81f3\u4eba\u6c11\u5e011277\u4ebf\u5143\uff0c\u540c\u6bd4\u589e\u957f4.57%\u3002\u6bdb\u5229\u6da6\u4e0b\u964d7.5%\u81f3\u4eba\u6c11\u5e0133\u4ebf\u5143\u3002\u51c0\u5229\u6da617.6\u4ebf\u5143\uff0c\u540c\u6bd4\u589e\u957f19.1%\u3002 \u5e02\u573a\u5171\u8bc6\u3002 (Source: Bloomberg) (Source: Bloomberg) (Source: Bloomberg) (Source: Bloomberg) ^ Back To Top Trading Dashboard Update: Take profit on Home Depot (HD US) at US$330. Add Jiangxi Copper Co. (358 HK) at HK$12.6.\" \/>\n\t\t<meta name=\"twitter:image\" content=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2026\/04\/KGI-Logo_\u255b\u03b5ai\u252c\u253carRGB_PNG.png?wsr\" \/>\n\t\t<script type=\"application\/ld+json\" class=\"aioseo-schema\">\n\t\t\t{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"BlogPosting\",\"@id\":\"https:\\\/\\\/www.kgieworld.sg\\\/research\\\/kgi-daily-trading-ideas-28-jul-2023-zh\\\/#blogposting\",\"name\":\"2023\\u5e7407\\u670828\\u65e5: REX\\u56fd\\u9645 (REXI SP), \\u6c5f\\u897f\\u94dc\\u4e1a (358 HK), Coinbase\\u5168\\u7403 (COIN US) \\u2022 KGI Singapore Research\",\"headline\":\"2023\\u5e7407\\u670828\\u65e5: REX\\u56fd\\u9645 (REXI SP), \\u6c5f\\u897f\\u94dc\\u4e1a (358 HK), Coinbase\\u5168\\u7403 (COIN 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\\u7f8e\\u56fd \\u9999\\u6e2f ^ Back To Top (Source: Bloomberg) (Source: Bloomberg) (Source: Bloomberg) 22\\u8d22\\u5e74\\u4e1a\\u7ee9\\u3002\\u8425\\u6536\\u589e\\u81f3\\u4eba\\u6c11\\u5e011277\\u4ebf\\u5143\\uff0c\\u540c\\u6bd4\\u589e\\u957f4.57%\\u3002\\u6bdb\\u5229\\u6da6\\u4e0b\\u964d7.5%\\u81f3\\u4eba\\u6c11\\u5e0133\\u4ebf\\u5143\\u3002\\u51c0\\u5229\\u6da617.6\\u4ebf\\u5143\\uff0c\\u540c\\u6bd4\\u589e\\u957f19.1%\\u3002 \\u5e02\\u573a\\u5171\\u8bc6\\u3002 (Source: Bloomberg) (Source: Bloomberg) (Source: Bloomberg) (Source: Bloomberg) ^ Back To Top Trading Dashboard Update: Take profit on Home Depot (HD US) at US$330. Add Jiangxi Copper Co. 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