{"id":73051,"date":"2025-07-29T19:05:12","date_gmt":"2025-07-29T11:05:12","guid":{"rendered":"https:\/\/www.kgieworld.sg\/research\/?p=73051"},"modified":"2025-07-30T10:07:25","modified_gmt":"2025-07-30T02:07:25","slug":"kgi-daily-trading-ideas-30-jul-2025-zh","status":"publish","type":"post","link":"https:\/\/www.kgieworld.sg\/research\/kgi-daily-trading-ideas-30-jul-2025-zh\/","title":{"rendered":"\u4eca\u65e5\u7cbe\u9009\uff1a\u80a1\u7968 | 2025\u5e747\u670830\u65e5:"},"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 size-full\" id=\"sp\"><img fetchpriority=\"high\" decoding=\"async\" width=\"940\" height=\"200\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/06\/image-28.png\" alt=\"\" class=\"wp-image-69977\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/06\/image-28.png 940w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/06\/image-28-300x64.png 300w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/06\/image-28-768x163.png 768w\" sizes=\"(max-width: 940px) 100vw, 940px\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><a id=\"post-73051-_tiry8p5xvcqk\"><\/a>\u7f8e\u56fd<\/h3>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"941\" height=\"397\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/image-45.png\" alt=\"\" class=\"wp-image-73147\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/image-45.png 941w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/image-45-300x127.png 300w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/image-45-768x324.png 768w\" sizes=\"(max-width: 941px) 100vw, 941px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"941\" height=\"240\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/image-46.png\" alt=\"\" class=\"wp-image-73148\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/image-46.png 941w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/image-46-300x77.png 300w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/image-46-768x196.png 768w\" sizes=\"(max-width: 941px) 100vw, 941px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"941\" height=\"290\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/image-47.png\" alt=\"\" class=\"wp-image-73149\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/image-47.png 941w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/image-47-300x92.png 300w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/image-47-768x237.png 768w\" sizes=\"(max-width: 941px) 100vw, 941px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/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\/2025\/07\/word-image-73051-4.png\" alt=\"\" class=\"wp-image-73086\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/word-image-73051-4.png 637w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/word-image-73051-4-300x64.png 300w\" sizes=\"(max-width: 637px) 100vw, 637px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><a id=\"post-73051-_qqv3rtx8nazp\"><\/a><a id=\"post-73051-_ylayyh7qqd99\"><\/a>\u9999\u6e2f<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1915\" height=\"804\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/a-screenshot-of-a-computer-ai-generated-content-m-56.png\" alt=\"A screenshot of a computer\n\nAI-generated content may be incorrect.\" class=\"wp-image-73087\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/a-screenshot-of-a-computer-ai-generated-content-m-56.png 1915w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/a-screenshot-of-a-computer-ai-generated-content-m-56-300x126.png 300w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/a-screenshot-of-a-computer-ai-generated-content-m-56-1024x430.png 1024w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/a-screenshot-of-a-computer-ai-generated-content-m-56-768x322.png 768w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/a-screenshot-of-a-computer-ai-generated-content-m-56-1536x645.png 1536w\" sizes=\"(max-width: 1915px) 100vw, 1915px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"has-text-align-right wp-block-paragraph\"><a href=\"#top\" title=\"\">^ 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\/2025\/07\/word-image-73051-6.png\" alt=\"\" class=\"wp-image-73088\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/word-image-73051-6.png 637w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/word-image-73051-6-300x64.png 300w\" sizes=\"(max-width: 637px) 100vw, 637px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"sg\"><figure><img loading=\"lazy\" decoding=\"async\" width=\"602\" height=\"128\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/word-image-73051-7.png\" class=\"wp-image-73089\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/word-image-73051-7.png 602w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/word-image-73051-7-300x64.png 300w\" sizes=\"(max-width: 602px) 100vw, 602px\" \/><\/figure><\/h2>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>\u65b0\u52a0\u5761\u4ea4\u6613\u6240\u6709\u9650\u516c\u53f8 (SGX SP)\uff1a\u652f\u6301\u6027\u653f\u5e9c\u653f\u7b56\u63a8\u52a8\u80a1\u7968\u5e02\u573a<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\u91cd\u7533\u4e70\u5165\uff1a\u4e70\u5165\u4ef7\uff1a15.8\uff0c\u76ee\u6807\u4ef7\uff1a17.2\uff0c\u6b62\u635f\u4ef7\uff1a15.1<\/strong><br>  <\/li>\n\n\n\n<li>\u65b0\u52a0\u5761\u4ea4\u6613\u6240\u6709\u9650\u516c\u53f8\u62e5\u6709\u5e76\u8fd0\u8425\u65b0\u52a0\u5761\u7684\u8bc1\u5238\u548c\u884d\u751f\u54c1\u4ea4\u6613\u6240\u53ca\u76f8\u5173\u6e05\u7b97\u6240\u3002\u516c\u53f8\u8fd8\u4e3a\u91d1\u878d\u884c\u4e1a\u7684\u53c2\u4e0e\u8005\u63d0\u4f9b\u8f85\u52a9\u8bc1\u5238\u5904\u7406\u548c\u4fe1\u606f\u6280\u672f\u670d\u52a1\u3002<br>  <\/li>\n\n\n\n<li><strong>\u91cd\u632f\u65b0\u52a0\u5761\u7684\u80a1\u7968\u751f\u6001\u7cfb\u7edf\u3002<\/strong>\u65b0\u52a0\u576150\u4ebf\u65b0\u52a0\u5761\u5143\u7684\u80a1\u5e02\u53d1\u5c55\u8ba1\u5212\uff0c\u7531\u65b0\u52a0\u5761\u91d1\u878d\u7ba1\u7406\u5c40\uff08MAS\uff09\u4e3b\u5bfc\uff0c\u4ee3\u8868\u7740\u5bf9\u632f\u5174\u672c\u5730\u80a1\u7968\u5e02\u573a\u7684\u91cd\u8981\u6218\u7565\u627f\u8bfa\uff0c\u5c24\u5176\u662f\u901a\u8fc7\u589e\u5f3a\u6d41\u52a8\u6027\u3001\u7814\u7a76\u548c\u6295\u8d44\u8005\u53c2\u4e0e\u3002\u6700\u521d\u5411Avanda\u6295\u8d44\u7ba1\u7406\u3001\u5bcc\u6566\u57fa\u91d1\u7ba1\u7406\u548c\u6469\u6839\u5927\u901a\u8d44\u4ea7\u7ba1\u7406\u5206\u914d\u768411\u4ebf\u65b0\u52a0\u5761\u5143\u53cd\u6620\u4e86\u5f3a\u5927\u7684\u673a\u6784\u652f\u6301\uff0c\u5e76\u4e3a\u652f\u6301SGX\u4e0a\u8f83\u5c11\u4ee3\u8868\u7684\u5c0f\u578b\u548c\u4e2d\u578b\u516c\u53f8\u7684\u57fa\u7840\u5960\u5b9a\u4e86\u57fa\u7840\u3002\u8fd9\u4e9b\u52aa\u529b\u4e0d\u4ec5\u65e8\u5728\u63d0\u5347\u4f30\u503c\u548c\u4ea4\u6613\u6d3b\u52a8\uff0c\u8fd8\u5e0c\u671b\u5438\u5f15\u65b0\u4e00\u4ee3\u9ad8\u8d28\u91cf\u4e0a\u5e02\u516c\u53f8\uff0c\u4fc3\u8fdb\u66f4\u5177\u6d3b\u529b\u548c\u97e7\u6027\u7684\u8d44\u672c\u5e02\u573a\u751f\u6001\u7cfb\u7edf\u3002\u8fd1\u671f\u6d77\u5ce1\u65f6\u62a5\u6307\u6570\u521b\u4e0b\u65b0\u9ad8\uff0c\u4f34\u968f\u4ea4\u6613\u91cf\u589e\u52a0\u548c\u9996\u6b21\u516c\u5f00\u52df\u80a1\uff08IPO\uff09\u52bf\u5934\u6062\u590d\uff0c\u8868\u660e\u6295\u8d44\u8005\u5bf9SGX\u524d\u666f\u7684\u4fe1\u5fc3\u589e\u5f3a\u3002\u5c3d\u7ba1\u5728\u8d44\u91d1\u90e8\u7f72\u7b56\u7565\u65b9\u9762\u4ecd\u9700\u66f4\u900f\u660e\uff0c\u4f46\u66f4\u5e7f\u6cdb\u7684\u6539\u9769\u6b63\u5728\u91ca\u653e\u80a1\u4e1c\u4ef7\u503c\uff0c\u4f7f\u5e02\u573a\u66f4\u6613\u4e8e\u8fdb\u5165\u3002\u968f\u7740\u65f6\u95f4\u7684\u63a8\u79fb\uff0c\u8fd9\u4e9b\u4e3e\u63aa\u5e94\u7f29\u5c0f\u4e0e\u5730\u533a\u540c\u884c\u7684\u4f30\u503c\u5dee\u8ddd\uff0c\u589e\u52a0\u878d\u8d44\u673a\u4f1a\uff0c\u5e76\u63d0\u5347\u65b0\u52a0\u5761\u4f5c\u4e3a\u7ade\u4e89\u529b\u548c\u52a8\u6001\u91d1\u878d\u4e2d\u5fc3\u7684\u5730\u4f4d\u3002<br>  <\/li>\n\n\n\n<li><strong>\u53d7\u76ca\u4e8e\u7f8e\u56fd\u8d44\u672c\u5916\u6d41\u3002<\/strong>\u7f8e\u5143\u8d70\u5f31\uff0c\u52a0\u4e0a\u7f8e\u4e2d\u8d38\u6613\u7d27\u5f20\u5c40\u52bf\u5347\u7ea7\uff0c\u5bfc\u81f4\u8d44\u672c\u4ece\u7f8e\u56fd\u80a1\u7968\u6d41\u51fa\uff0c\u6d41\u5411\u65b0\u52a0\u5761\u7b49\u65b0\u5174\u5e02\u573a\u3002\u65b0\u52a0\u5761\u7684\u9ad8\u6536\u76ca\u9632\u5fa1\u6027\u80a1\u7968\uff0c\u5982\u7535\u4fe1\u3001\u5de5\u4e1a\u548c\u516c\u7528\u4e8b\u4e1a\uff0c\u4ece\u8fd9\u4e00\u8d8b\u52bf\u4e2d\u53d7\u76ca\uff0c\u4f7f\u65b0\u52a0\u5761\u4ea4\u6613\u6240\u6210\u4e3a\u5bfb\u6c42\u7a33\u5b9a\u548c\u6536\u5165\u7684\u673a\u6784\u6295\u8d44\u8005\u7684\u5438\u5f15\u5e73\u53f0\u3002<br>  <\/li>\n\n\n\n<li><strong>\u6295\u8d44\u8005\u7684\u907f\u98ce\u6e2f\u3002<\/strong>\u4f5c\u4e3a\u4e00\u4e2a\u5b89\u5168\u7684\u91d1\u878d\u4e2d\u5fc3\uff0c\u65b0\u52a0\u5761\u63d0\u4f9b\u4e86\u9ad8\u80a1\u606f\u6536\u76ca\u3001\u7ecf\u6d4e\u97e7\u6027\u548c\u5065\u5168\u7684\u76d1\u7ba1\u6846\u67b6\u7684\u72ec\u7279\u7ec4\u5408\u3002\u5176\u62b5\u5fa1\u5168\u7403\u7ecf\u6d4e\u4e0d\u7a33\u5b9a\u7684\u80fd\u529b\uff0c\u4f7f\u65b0\u52a0\u5761\u4ea4\u6613\u6240\u6210\u4e3a\u6295\u8d44\u8005\u5728\u5f53\u524d\u5e02\u573a\u6ce2\u52a8\u4e2d\u5bfb\u6c42\u53ef\u9760\u56de\u62a5\u548c\u8d44\u672c\u4fdd\u503c\u7684\u7406\u60f3\u9009\u62e9\u3002<br>  <\/li>\n\n\n\n<li><strong>2025\u5e74\u4e0a\u534a\u5e74\u4e1a\u7ee9\u56de\u987e\u3002<\/strong>\u65b0\u52a0\u5761\u4ea4\u6613\u6240\u6709\u9650\u516c\u53f8\u62a5\u544a2025\u5e74\u4e0a\u534a\u5e74\u6536\u5165\u4e3a6.822\u4ebf\u65b0\u52a0\u5761\u5143\uff0c\u6bd4\u4e0a\u5e74\u540c\u671f\u76845.922\u4ebf\u65b0\u52a0\u5761\u5143\u589e\u957f15.2%\u3002\u51762025\u5e74\u4e0a\u534a\u5e74\u51c0\u5229\u6da6\u4e3a3.4\u4ebf\u65b0\u52a0\u5761\u5143\uff0c\u540c\u6bd4\u589e\u957f20.7%\uff0c\u800c2024\u5e74\u4e0a\u534a\u5e74\u4e3a2.816\u4ebf\u65b0\u52a0\u5761\u5143\u3002\u6bcf\u80a1\u6536\u76ca\uff08EPS\uff09\u4e3a0.318\u65b0\u52a0\u5761\u5143\uff0c\u8f83\u4e0a\u5e74\u540c\u671f\u76840.263\u65b0\u52a0\u5761\u5143\u6709\u6240\u4e0a\u5347\u3002\u7531\u4e8e\u96c6\u56e2\u8868\u73b0\u5f3a\u52b2\uff0c\u8463\u4e8b\u4f1a\u5ba3\u5e03\u6bcf\u80a1\u6d3e\u53d10.09\u65b0\u52a0\u5761\u5143\u7684\u4e2d\u671f\u5b63\u5ea6\u80a1\u606f\uff0c\u8f83\u4e0a\u5e74\u540c\u671f\u76840.085\u65b0\u52a0\u5761\u5143\u6709\u6240\u589e\u52a0\uff0c\u4f7f2025\u5e74\u4e0a\u534a\u5e74\u7684\u603b\u80a1\u606f\u8fbe\u5230\u6bcf\u80a10.18\u65b0\u52a0\u5761\u5143\u3002<br>  <\/li>\n\n\n\n<li><strong>\u5e02\u573a\u5171\u8bc6<\/strong><figure><img loading=\"lazy\" decoding=\"async\" width=\"497\" height=\"106\" class=\"wp-image-73090\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/word-image-73051-8.png\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/word-image-73051-8.png 497w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/word-image-73051-8-300x64.png 300w\" sizes=\"(max-width: 497px) 100vw, 497px\" \/><\/figure><\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1235\" height=\"596\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/word-image-73051-9.jpeg\" alt=\"\" class=\"wp-image-73091\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/word-image-73051-9.jpeg 1235w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/word-image-73051-9-300x145.jpeg 300w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/word-image-73051-9-1024x494.jpeg 1024w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/word-image-73051-9-768x371.jpeg 768w\" sizes=\"(max-width: 1235px) 100vw, 1235px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\">(Source: Bloomberg)<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><figure><img loading=\"lazy\" decoding=\"async\" width=\"752\" height=\"160\" alt=\"A long line of a white background\n\nDescription automatically generated with medium confidence\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/a-long-line-of-a-white-background-description-aut-3.jpeg\" class=\"wp-image-73092\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/a-long-line-of-a-white-background-description-aut-3.jpeg 752w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/a-long-line-of-a-white-background-description-aut-3-300x64.jpeg 300w\" sizes=\"(max-width: 752px) 100vw, 752px\" \/><\/figure><strong> <\/strong><\/h2>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>\u5eb7\u798f\u5fb7\u9ad8 (CD SP)\uff1a\u63a8\u52a8\u670d\u52a1\u5353\u8d8a\u548c\u5168\u7403\u6269\u5f20<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\u91cd\u7533\u4e70\u5165\uff1a\u4e70\u5165\u4ef7\uff1a1.58\uff0c\u76ee\u6807\u4ef7\uff1a1.72\uff0c\u6b62\u635f\u4ef7\uff1a1.51<\/strong><br>  <\/li>\n\n\n\n<li>\u5eb7\u798f\u5fb7\u9ad8\u6709\u9650\u516c\u53f8\u63d0\u4f9b\u9646\u5730\u8fd0\u8f93\u670d\u52a1\u3002\u516c\u53f8\u63d0\u4f9b\u516c\u4ea4\u3001\u51fa\u79df\u8f66\u3001\u94c1\u8def\u3001\u6c7d\u8f66\u79df\u8d41\u548c\u79df\u8d41\u3001\u6c7d\u8f66\u5de5\u7a0b\u670d\u52a1\u3001\u68c0\u9a8c\u548c\u6d4b\u8bd5\u670d\u52a1\u3001\u9a7e\u9a76\u4e2d\u5fc3\u3001\u4fdd\u9669\u7ecf\u7eaa\u670d\u52a1\u4ee5\u53ca\u6237\u5916\u5e7f\u544a\u3002<br>  <\/li>\n\n\n\n<li><strong>\u901a\u8fc7\u8d39\u7528\u653f\u7b56\u52a0\u5f3a\u670d\u52a1\u6807\u51c6\u3002<\/strong>\u4ece7\u670831\u65e5\u8d77\uff0c\u5eb7\u798f\u5fb7\u9ad8\u5c06\u63a8\u51fa\u65b0\u7684\u53d6\u6d88\u548c\u7b49\u5f85\u8d39\u653f\u7b56\uff0c\u53d6\u6d88\u8d39\u7528\u4ece9\u67081\u65e5\u5f00\u59cb\u6536\u53d6\uff0c\u7b49\u5f85\u8d39\u7528\u4ece10\u670815\u65e5\u5f00\u59cb\u6536\u53d6\uff0c\u8bbe\u6709\u5bbd\u9650\u671f\u4ee5\u5e2e\u52a9\u5ba2\u6237\u9002\u5e94\u3002\u4e58\u5ba2\u53d6\u6d88\u9884\u7ea6\u53ef\u80fd\u9700\u652f\u4ed8\u9ad8\u8fbe4\u65b0\u52a0\u5761\u5143\u7684\u8d39\u7528\uff0c\u672a\u6309\u7ea6\u5b9a\u51fa\u73b0\u5219\u9700\u652f\u4ed85\u65b0\u52a0\u5761\u5143\uff0c\u800c\u7b49\u5f85\u8d39\u7528\u5728\u56db\u5206\u949f\u540e\u5f00\u59cb\uff0c\u6bcf\u4e94\u5206\u949f3\u65b0\u52a0\u5761\u5143\uff0c\u6700\u9ad8\u9650\u989d\u4e3a9\u65b0\u52a0\u5761\u5143\u3002\u6b64\u4e3e\u65e8\u5728\u4e3a\u53f8\u673a\u63d0\u4f9b\u516c\u5e73\u7684\u8865\u507f\uff0c\u6291\u5236\u4e0d\u8d1f\u8d23\u4efb\u7684\u9884\u7ea6\uff0c\u5e76\u4e0eGrab\u548cGojek\u7b49\u7ade\u4e89\u5bf9\u624b\u8bbe\u5b9a\u7684\u884c\u4e1a\u6807\u51c6\u4fdd\u6301\u4e00\u81f4\u3002\u5eb7\u798f\u5fb7\u9ad8\u8fd8\u5b9e\u65bd\u4e86\u8d39\u7528\u8b66\u544a\u3001\u4e89\u8bae\u652f\u6301\u548c\u53f8\u673a\u4e0d\u5f53\u884c\u4e3a\u7684\u5904\u7f5a\u7b49\u4fdd\u969c\u63aa\u65bd\uff0c\u5f3a\u5316\u5176\u5bf9\u5e73\u8861\u548c\u53ef\u6301\u7eed\u7684\u6253\u8f66\u751f\u6001\u7cfb\u7edf\u7684\u627f\u8bfa\uff0c\u4ee5\u652f\u6301\u53f8\u673a\u6536\u5165\u548c\u670d\u52a1\u8d28\u91cf\u3002<br>  <\/li>\n\n\n\n<li><strong>\u901a\u8fc7\u81ea\u52a8\u9a7e\u9a76\u8f66\u8f86\u6280\u80fd\u63d0\u5347\u786e\u4fdd\u672a\u6765\u3002<\/strong>\u5eb7\u798f\u5fb7\u9ad8\u79ef\u6781\u6295\u8d44\u4e8e\u52b3\u52a8\u529b\u8f6c\u578b\uff0c\u5728\u65b0\u52a0\u5761\u548c\u4e2d\u56fd\u63a8\u51fa\u4e0e\u81ea\u52a8\u9a7e\u9a76\u76f8\u5173\u7684\u57f9\u8bad\u8ba1\u5212\u3002\u8fd9\u4e9b\u9879\u76ee\u65e8\u5728\u63d0\u5347\u73b0\u6709\u53f8\u673a\u7684\u6280\u80fd\uff0c\u5e76\u4e3a\u81ea\u52a8\u9a7e\u9a76\uff08AV\uff09\u8fd0\u8425\u4e2d\u7684\u65b0\u89d2\u8272\uff08\u5982\u8fdc\u7a0b\u64cd\u4f5c\u5458\u3001\u6570\u636e\u5206\u6790\u5e08\u548c\u8f66\u961f\u7ecf\u7406\uff09\u57f9\u517b\u65b0\u4eba\u624d\u3002\u4e0eMoovita\u5408\u4f5c\u8fdb\u884c\u73b0\u573a\u81ea\u52a8\u9a7e\u9a76\u57f9\u8bad\uff0c\u8be5\u4e3e\u63aa\u53cd\u6620\u4e86\u96c6\u56e2\u66f4\u5e7f\u6cdb\u7684\u627f\u8bfa\uff0c\u5373\u5728\u4ea4\u901a\u884c\u4e1a\u5411\u81ea\u52a8\u5316\u53d1\u5c55\u4e4b\u9645\uff0c\u786e\u4fdd\u5176\u52b3\u52a8\u529b\u7684\u672a\u6765\u4fdd\u969c\u3002\u901a\u8fc7\u8fd9\u4e00\u4e3e\u63aa\uff0c\u5eb7\u798f\u5fb7\u9ad8\u4e0d\u4ec5\u80fd\u7559\u4f4f\u7ecf\u9a8c\u4e30\u5bcc\u7684\u4eba\u624d\uff0c\u8fd8\u80fd\u5438\u5f15\u65b0\u4e00\u4ee3\u4ea4\u901a\u4e13\u4e1a\u4eba\u58eb\uff0c\u786e\u4fdd\u5176\u5728\u51fa\u884c\u8f6c\u578b\u7684\u524d\u6cbf\u3002<br>  <\/li>\n\n\n\n<li><strong>\u5f3a\u52b2\u7684\u6d77\u5916\u589e\u957f\u548c\u5bf9\u7ade\u4e89\u7684\u6218\u7565\u97e7\u6027\u3002<\/strong>\u5eb7\u798f\u5fb7\u9ad8\u7ee7\u7eed\u5c55\u793a\u5f3a\u52b2\u7684\u8d22\u52a1\u8868\u73b0\u548c\u56fd\u9645\u589e\u957f\uff0c2025\u5e74\u7b2c\u4e00\u5b63\u5ea6\u51c0\u5229\u6da6\u589e\u957f19%\uff0c\u8fbe\u52304830\u4e07\u65b0\u52a0\u5761\u5143\uff0c\u6536\u5165\u540c\u6bd4\u589e\u957f16.4%\u3002\u6d77\u5916\u8d21\u732e\u73b0\u5728\u5360\u603b\u6536\u5165\u768452.6%\uff0c\u4e3b\u8981\u5f97\u76ca\u4e8e\u5728\u6b27\u6d32\u548c\u6fb3\u5927\u5229\u4e9a\u7684\u6210\u529f\u6536\u8d2d\u3002\u9762\u5bf9Grab\u7b49\u7ade\u4e89\u8005\u7684\u6fc0\u70c8\u7ade\u4e89\uff0c\u5eb7\u798f\u5fb7\u9ad8\u5bf9\u901a\u8fc7\u5f3a\u5927\u7684\u652f\u6301\u751f\u6001\u7cfb\u7edf\u4fdd\u7559\u53f8\u673a\u961f\u4f0d\u5145\u6ee1\u4fe1\u5fc3\uff0c\u5305\u62ec\u4f18\u8d28\u7684\u8f66\u8f86\u548c\u71c3\u6599\u6fc0\u52b1\u3002\u6218\u7565\u4e0a\uff0c\u516c\u53f8\u8ba1\u5212\u6269\u5927\u5176\u94c1\u8def\u4e1a\u52a1\uff0c\u7ade\u6807\u5305\u62ec\u58a8\u5c14\u672c\u5730\u94c1\u7cfb\u7edf\u548c\u54e5\u672c\u54c8\u6839\u5730\u94c1\u8fd0\u8425\u5728\u5185\u7684\u91cd\u5927\u5408\u540c\uff0c\u4ece2027\u5e74\u5f00\u59cb\u3002\u8fd9\u4e9b\u4e3e\u63aa\u53cd\u6620\u4e86\u5eb7\u798f\u5fb7\u9ad8\u5728\u516c\u4ea4\u3001\u51fa\u79df\u8f66\u4ee5\u53ca\u73b0\u5728\u7684\u94c1\u8def\u7b49\u591a\u5143\u5316\u80fd\u529b\u4e0b\uff0c\u4f5c\u4e3a\u4e00\u4e2a\u97e7\u6027\u5f3a\u3001\u5177\u5168\u7403\u7ade\u4e89\u529b\u7684\u8fd0\u8f93\u9886\u5bfc\u8005\u7684\u5b9a\u4f4d\u3002<br>  <\/li>\n\n\n\n<li><strong>2025\u7b2c\u4e00\u5b63\u5ea6\u4e1a\u52a1\u66f4\u65b0\u3002<\/strong>\u5eb7\u798f\u5fb7\u9ad8\u62a5\u544a\u663e\u793a\uff0c\u6536\u5165\u540c\u6bd4\u589e\u957f16.4%\uff0c\u8fbe\u523012\u4ebf\u65b0\u52a0\u5761\u5143\uff0c\u6d77\u5916\u4e1a\u52a1\u8d21\u732e\u5360\u603b\u6536\u5165\u768452.6%\uff0c\u8fd9\u662f\u96c6\u56e2\u7684\u9996\u6b21\u3002\u5c3d\u7ba1\u7531\u4e8eJurong West\u516c\u4ea4\u5957\u9910\u7684\u8f6c\u8ba9\u5bfc\u81f4\u672c\u5730\u6536\u5165\u4e0b\u964d\uff0c\u4f46\u65b0\u52a0\u5761\u4e1a\u52a1\u5360\u8425\u4e1a\u5229\u6da6\u768460.2%\uff0c\u5f97\u76ca\u4e8e\u5f3a\u6709\u529b\u7684\u6210\u672c\u63a7\u5236\u548c\u6548\u7387\u63d0\u5347\u3002\u6309\u90e8\u95e8\u5212\u5206\uff0c\u516c\u5171\u4ea4\u901a\u7684\u8425\u4e1a\u5229\u6da6\u589e\u957f52.9%\uff0c\u8fbe\u52303670\u4e07\u65b0\u52a0\u5761\u5143\uff0c\u800c\u51fa\u79df\u8f66\u548c\u79c1\u4eba\u79df\u8d41\u7684\u5229\u6da6\u589e\u957f11.9%\uff0c\u8fbe\u52303210\u4e07\u65b0\u52a0\u5761\u5143\u3002\u5176\u4ed6\u8fd0\u8f93\u90e8\u95e8\u6062\u590d\u76c8\u5229\uff0c\u8425\u4e1a\u5229\u6da6\u4e3a70\u4e07\u65b0\u52a0\u5761\u5143\uff0c\u6c7d\u8f66\/\u975e\u8f66\u8f86\u6d4b\u8bd5\u670d\u52a1\u589e\u957f8.4%\uff0c\u8fbe\u5230900\u4e07\u65b0\u52a0\u5761\u5143\u3002\u5176\u4ed6\u90e8\u95e8\u6fc0\u589e150%\uff0c\u521b\u9020\u4e86300\u4e07\u65b0\u52a0\u5761\u5143\u7684\u5229\u6da6\u3002<br>  <\/li>\n\n\n\n<li><strong>\u5e02\u573a\u5171\u8bc6<\/strong><figure><img loading=\"lazy\" decoding=\"async\" width=\"497\" height=\"106\" class=\"wp-image-73093\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/a-blue-and-white-rectangular-object-with-white-tex-50.png\" alt=\"A blue and white rectangular object with white text\n\nAI-generated content may be incorrect.\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/a-blue-and-white-rectangular-object-with-white-tex-50.png 497w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/a-blue-and-white-rectangular-object-with-white-tex-50-300x64.png 300w\" sizes=\"(max-width: 497px) 100vw, 497px\" \/><\/figure><\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><img loading=\"lazy\" decoding=\"async\" width=\"1235\" height=\"596\" class=\"wp-image-73094\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/a-graph-with-lines-and-numbers-ai-generated-conte-15.jpeg\" alt=\"A graph with lines and numbers\n\nAI-generated content may be incorrect.\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/a-graph-with-lines-and-numbers-ai-generated-conte-15.jpeg 1235w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/a-graph-with-lines-and-numbers-ai-generated-conte-15-300x145.jpeg 300w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/a-graph-with-lines-and-numbers-ai-generated-conte-15-1024x494.jpeg 1024w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/a-graph-with-lines-and-numbers-ai-generated-conte-15-768x371.jpeg 768w\" sizes=\"(max-width: 1235px) 100vw, 1235px\" \/> <\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\">(Source: Bloomberg)<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong><figure><img loading=\"lazy\" decoding=\"async\" width=\"637\" height=\"135\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/word-image-73051-13.png\" class=\"wp-image-73095\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/word-image-73051-13.png 637w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/word-image-73051-13-300x64.png 300w\" sizes=\"(max-width: 637px) 100vw, 637px\" \/><\/figure><\/strong><\/h2>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"hk\"><figure><img loading=\"lazy\" decoding=\"async\" width=\"602\" height=\"128\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/word-image-73051-14.png\" class=\"wp-image-73096\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/word-image-73051-14.png 602w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/word-image-73051-14-300x64.png 300w\" sizes=\"(max-width: 602px) 100vw, 602px\" \/><\/figure><a id=\"post-73051-_34eo5yf8y7pj\"><\/a><\/h2>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>\u6fb3\u4f18\u4e73\u4e1a (1717 HK)\uff1a\u8865\u8d34\u63a8\u52a8\u589e\u957f<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\u4e70\u5165\uff1a\u4e70\u5165\u4ef7\uff1a2.45\uff0c\u76ee\u6807\u4ef7\uff1a2.75\uff0c\u6b62\u635f\u4ef7\uff1a2.30<\/strong><br>  <\/li>\n\n\n\n<li>\u6fb3\u4f18\u4e73\u4e1a\u80a1\u4efd\u6709\u9650\u516c\u53f8\u662f\u4e00\u5bb6\u4e3b\u8981\u4ece\u4e8b\u7814\u7a76\u53ca\u5f00\u53d1\u3001\u751f\u4ea7\u3001\u8425\u9500\u53ca\u5206\u9500\u4e73\u5236\u54c1\u53ca\u76f8\u5173\u4ea7\u54c1\u4ee5\u53ca\u8425\u517b\u54c1\u7684\u6295\u8d44\u63a7\u80a1\u516c\u53f8\u3002\u8be5\u516c\u53f8\u8fd0\u8425\u4e24\u4e2a\u5206\u90e8\u3002\u4e73\u5236\u54c1\u53ca\u76f8\u5173\u4ea7\u54c1\u5206\u90e8\u4e3b\u8981\u4ece\u4e8b\u751f\u4ea7\u4e73\u5236\u54c1\u53ca\u76f8\u5173\u4ea7\u54c1\uff08\u5c24\u5176\u662f\u914d\u65b9\u5976\u7c89\u4ea7\u54c1\uff09\u9500\u5411\u5168\u7403\u5ba2\u6237\u3002\u8425\u517b\u54c1\u5206\u90e8\u4e3b\u8981\u4ece\u4e8b\u751f\u4ea7\u8425\u517b\u54c1\uff08\u4e3b\u8981\u5305\u62ec\u76ca\u751f\u83cc\u76f8\u5173\u4ea7\u54c1\u53ca\u517b\u80c3\u7c89\u4ea7\u54c1\uff09\u9500\u5411\u4e3b\u8981\u4f4d\u4e8e\u4e2d\u56fd\u5185\u5730\u53ca\u6fb3\u6d32\u7684\u5ba2\u6237\u3002\u8be5\u516c\u53f8\u4ea7\u54c1\u9500\u5f80\u56fd\u5185\u5916\u5e02\u573a\u3002<br>  <\/li>\n\n\n\n<li><strong>\u6258\u80b2\u8865\u8d34\u652f\u6301\u5a74\u5e7c\u513f\u4ea7\u54c1\u6d88\u8d39\u3002<\/strong>\u4e2d\u56fd\u8fd1\u671f\u51fa\u53f0\u4e86\u9488\u5bf93\u5c81\u4ee5\u4e0b\u5a74\u5e7c\u513f\u7684\u5e74\u5ea6\u6258\u80b2\u8865\u8d34\u653f\u7b56\uff0c\u6bcf\u540d\u513f\u7ae5\u6bcf\u5e74\u53ef\u83b7\u5f97\u4eba\u6c11\u5e013,600\u5143\uff08\u7ea6\u5408500\u7f8e\u5143\uff09\u7684\u8865\u8d34\uff0c\u65e8\u5728\u626d\u8f6c\u51fa\u751f\u7387\u4e0b\u964d\u7684\u8d8b\u52bf\u3002\u8be5\u8865\u8d34\u5c06\u4e8e\u4eca\u5e74\u5f00\u59cb\u5b9e\u65bd\uff0c\u5e76\u5bf92025\u5e74\u524d\u51fa\u751f\u7684\u90e8\u5206\u513f\u7ae5\u63d0\u4f9b\u8986\u76d6\u3002\u636e\u6d88\u606f\u4eba\u58eb\u900f\u9732\uff0c\u8fd9\u9879\u653f\u7b56\u9884\u8ba1\u5c06\u60e0\u53ca\u8d85\u8fc72,000\u4e07\u6709\u5a74\u5e7c\u513f\u7684\u5bb6\u5ead\u3002\u5e02\u573a\u9884\u8ba12025\u5e74\u4e0b\u534a\u5e74\u5c06\u7d2f\u8ba1\u53d1\u653e\u4eba\u6c11\u5e011,170\u4ebf\u5143\u7684\u8865\u8d34\uff0c\u8fd9\u53ef\u80fd\u4f1a\u523a\u6fc0\u5a74\u5e7c\u513f\u76f8\u5173\u4ea7\u54c1\u7684\u6d88\u8d39\uff0c\u7279\u522b\u662f\u5a74\u513f\u62a4\u7406\u7528\u54c1\u548c\u914d\u65b9\u5976\u7c89\u3002\u6fb3\u4f18\u4e73\u4e1a\u6709\u671b\u4ece\u8fd9\u4e00\u9700\u6c42\u589e\u957f\u4e2d\u83b7\u76ca\u3002<br>  <\/li>\n\n\n\n<li><strong>\u51fa\u751f\u7387\u56de\u5347\u652f\u6491\u914d\u65b9\u5976\u7c89\u9700\u6c42\u3002<\/strong>\u4e2d\u56fd\u751f\u80b2\u7387\u57282024\u5e74\u5c0f\u5e45\u56de\u5347\u81f3\u6bcf\u540d\u5987\u5973\u751f\u80b21.2\u80ce\uff0c\u9ad8\u4e8e2023\u5e74\u76841.0\u80ce\uff0c\u626d\u8f6c\u4e86\u591a\u5e74\u6765\u7684\u4e0b\u964d\u8d8b\u52bf\u3002\u6b64\u6b21\u56de\u5347\u2014\u2014\u53cd\u6620\u5728954\u4e07\u65b0\u751f\u513f\u6570\u91cf\u4e0a\u2014\u2014\u90e8\u5206\u5f97\u76ca\u4e8e\u201c\u9f99\u5e74\u201d\u7684\u201c\u540e\u75ab\u60c5\u5a74\u513f\u6f6e\u201d\u4ee5\u53ca\u8ba1\u5212\u751f\u80b2\u653f\u7b56\u7684\u653e\u5bbd\u3002\u636e\u4fe1\uff0c\u4e00\u4e9b\u5bb6\u5ead\u5728\u75ab\u60c5\u671f\u95f4\u56e0\u5065\u5eb7\u987e\u8651\u800c\u63a8\u8fdf\u4e86\u751f\u80b2\u3002\u968f\u7740\u4e2d\u56fd\u63a8\u51fa\u66f4\u591a\u9f13\u52b1\u751f\u80b2\u7684\u6fc0\u52b1\u63aa\u65bd\u548c\u7ecf\u6d4e\u652f\u6301\u653f\u7b56\uff0c\u51fa\u751f\u7387\u7684\u56de\u5347\u8d8b\u52bf\u6709\u671b\u5728\u672a\u6765\u51e0\u5e74\u6301\u7eed\u3002\u8fd9\u5c06\u4e3a\u5a74\u5e7c\u513f\u914d\u65b9\u4ea7\u54c1\u5e26\u6765\u6301\u7eed\u7a33\u5b9a\u7684\u9700\u6c42\uff0c\u8fdb\u4e00\u6b65\u60e0\u53ca\u6fb3\u4f18\u4e73\u4e1a\u3002<br>  <\/li>\n\n\n\n<li><strong>2024\u8d22\u5e74\u4e1a\u7ee9\u56de\u987e\u3002<\/strong>2024\u8d22\u5e74\u8425\u6536\u540c\u6bd4\u589e\u957f0.2%\u81f3\u4eba\u6c11\u5e0174.0\u4ebf\u5143\uff0c\u800c2023\u8d22\u5e74\u4e3a\u4eba\u6c11\u5e0173.8\u4ebf\u5143\u30022024\u8d22\u5e74\u51c0\u5229\u6da6\u589e\u957f46.6%\u81f3\u4eba\u6c11\u5e012.472\u4ebf\u5143\uff0c\u800c2023\u8d22\u5e74\u4e3a\u4eba\u6c11\u5e011.689\u4ebf\u5143\u30022024\u8d22\u5e74\u57fa\u672c\u6bcf\u80a1\u6536\u76ca\u589e\u81f3\u4eba\u6c11\u5e0113.26\u5206\uff0c\u800c2023\u8d22\u5e74\u4e3a\u4eba\u6c11\u5e019.70\u5206\u3002<br>  <\/li>\n\n\n\n<li><strong>\u5e02\u573a\u5171\u8bc6<\/strong><figure><img loading=\"lazy\" decoding=\"async\" width=\"497\" height=\"106\" class=\"wp-image-73097\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/word-image-73051-15.png\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/word-image-73051-15.png 497w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/word-image-73051-15-300x64.png 300w\" sizes=\"(max-width: 497px) 100vw, 497px\" \/><\/figure><\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1195\" height=\"575\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/word-image-73051-16.jpeg\" alt=\"\" class=\"wp-image-73098\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/word-image-73051-16.jpeg 1195w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/word-image-73051-16-300x144.jpeg 300w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/word-image-73051-16-1024x493.jpeg 1024w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/word-image-73051-16-768x370.jpeg 768w\" sizes=\"(max-width: 1195px) 100vw, 1195px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\">\n  (Source: Bloomberg)\n<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong><figure><img loading=\"lazy\" decoding=\"async\" width=\"637\" height=\"135\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/word-image-73051-17.png\" class=\"wp-image-73099\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/word-image-73051-17.png 637w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/word-image-73051-17-300x64.png 300w\" sizes=\"(max-width: 637px) 100vw, 637px\" \/><\/figure><\/strong><\/h3>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>\u4e2d\u56fd\u56fd\u9645\u822a\u7a7a (753 HK)\uff1a\u590f\u5b63\u63a8\u52a8\u9700\u6c42\u589e\u52a0<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\u91cd\u7533\u4e70\u5165\uff1a\u4e70\u5165\u4ef7\uff1a5.80\uff0c\u76ee\u6807\u4ef7\uff1a6.60\uff0c\u6b62\u635f\u4ef7\uff1a5.40<\/strong><br>  <\/li>\n\n\n\n<li>\u4e2d\u56fd\u56fd\u9645\u822a\u7a7a\u80a1\u4efd\u6709\u9650\u516c\u53f8\u662f\u4e00\u5bb6\u4e3b\u8981\u4ece\u4e8b\u63d0\u4f9b\u4e2d\u56fd\u56fd\u5185\u3001\u6e2f\u6fb3\u53f0\u5730\u533a\u53ca\u56fd\u9645\u822a\u7a7a\u5ba2\u8fd0\u3001\u8d27\u8fd0\u90ae\u8fd0\u53ca\u7ef4\u4fee\u670d\u52a1\u7684\u4e2d\u56fd\u516c\u53f8\u3002\u8be5\u516c\u53f8\u901a\u8fc7\u4e24\u4e2a\u90e8\u95e8\u5f00\u5c55\u4e1a\u52a1\u3002\u822a\u7a7a\u8425\u8fd0\u4e1a\u52a1\u5206\u90e8\u4e3b\u8981\u63d0\u4f9b\u822a\u7a7a\u5ba2\u8fd0\u53ca\u8d27\u8fd0\u670d\u52a1\u3002\u5176\u4ed6\u4e1a\u52a1\u5206\u90e8\u4e3b\u8981\u63d0\u4f9b\u98de\u673a\u7ef4\u4fee\u670d\u52a1\u53ca\u5176\u4ed6\u822a\u7a7a\u76f8\u5173\u670d\u52a1\u3002\u8be5\u516c\u53f8\u8fd8\u4ece\u4e8b\u56fd\u5185\u3001\u56fd\u9645\u516c\u52a1\u98de\u884c\u4e1a\u52a1\uff0c\u98de\u673a\u6267\u7ba1\u4e1a\u52a1\uff0c\u822a\u7a7a\u5668\u7ef4\u4fee\uff0c\u822a\u7a7a\u516c\u53f8\u95f4\u4e1a\u52a1\u4ee3\u7406\uff0c\u4e0e\u4e3b\u8425\u4e1a\u52a1\u6709\u5173\u7684\u5730\u9762\u670d\u52a1\u548c\u822a\u7a7a\u5feb\u9012\uff0c\u673a\u4e0a\u514d\u7a0e\u54c1\uff0c\u673a\u4e0a\u5546\u54c1\u96f6\u552e\u4e1a\u52a1\u4ee5\u53ca\u822a\u7a7a\u610f\u5916\u4fdd\u9669\u9500\u552e\u4ee3\u7406\u4e1a\u52a1\u3002\u8be5\u516c\u53f8\u4e3b\u8981\u5728\u56fd\u5185\u548c\u6d77\u5916\u5e02\u573a\u5f00\u5c55\u4e1a\u52a1\u3002<br>  <\/li>\n\n\n\n<li><strong>\u6691\u671f\u65c5\u6e38\u65fa\u5b63\u63d0\u632f\u9700\u6c42\u3002 <\/strong>\u4e2d\u56fd2025\u5e74\u6691\u671f\u65c5\u6e38\u65fa\u5b63\u5df2\u4e8e7\u67081\u65e5\u6b63\u5f0f\u62c9\u5f00\u5e37\u5e55\uff0c\u5e76\u5c06\u6301\u7eed\u81f38\u670831\u65e5\uff0c\u8fd9\u6781\u5927\u5730\u6fc0\u53d1\u4e86\u65c5\u6e38\u6d3b\u52a8\u3002\u4e2d\u56fd\u7684\u51fa\u5883\u6e38\u5e02\u573a\u6709\u671b\u4fdd\u6301\u5f3a\u52b2\u590d\u82cf\u52bf\u5934\uff0c\u4eca\u5e74\u590f\u5929\u4e2d\u56fd\u6e38\u5ba2\u5c06\u524d\u5f80\u5168\u74033698\u4e2a\u57ce\u5e02\uff0c\u6bd4\u53bb\u5e74\u540c\u671f\u589e\u52a0\u4e86590\u4e2a\u57ce\u5e02\u3002\u56fd\u5185\u5165\u5883\u65c5\u6e38\u4e5f\u6b63\u5728\u84ec\u52c3\u53d1\u5c55\u3002\u5b98\u65b9\u6570\u636e\u663e\u793a\uff0c7\u67081\u65e5\u81f310\u65e5\u671f\u95f4\uff0c\u5317\u4eac\u5404\u53e3\u5cb8\u51fa\u5165\u5883\u65c5\u5ba2\u8d85\u8fc764\u4e07\u4eba\u6b21\uff0c\u5176\u4e2d\u5305\u62ec17.1\u4e07\u5916\u56fd\u6e38\u5ba2\uff0c\u540c\u6bd4\u589e\u957f22.1%\u3002\u8fd9\u4e00\u589e\u957f\u5f97\u76ca\u4e8e\u4e2d\u56fd\u4e0e\u591a\u4e2a\u56fd\u5bb6\u4e4b\u95f4\u514d\u7b7e\u534f\u8bae\u7684\u6269\u5927\u3002\u5373\u5c06\u4e8e8\u6708\u521d\u4e3e\u884c\u76842025\u5e74\u6210\u90fd\u4e16\u754c\u8fd0\u52a8\u4f1a\u6709\u671b\u8fdb\u4e00\u6b65\u63d0\u632f\u5165\u5883\u6e38\u548c\u56fd\u5185\u6e38\u3002\u4f5c\u4e3a\u4e2d\u56fd\u9886\u5148\u7684\u822a\u7a7a\u516c\u53f8\u4e4b\u4e00\uff0c\u4e2d\u56fd\u56fd\u9645\u822a\u7a7a\uff08Air China\uff09\u6709\u671b\u5145\u5206\u5229\u7528\u56fd\u5185\u5916\u5f3a\u52b2\u7684\u5b63\u8282\u6027\u65c5\u6e38\u52bf\u5934\u3002<br>  <\/li>\n\n\n\n<li><strong>\u6b27\u6d32\u822a\u7ebf\u670d\u52a1\u62d3\u5c55\u4ee5\u6ee1\u8db3\u65fa\u76db\u9700\u6c42\u3002 <\/strong>\u4e3a\u5e94\u5bf9\u6b27\u6d32\u65c5\u884c\u9700\u6c42\u7684\u6fc0\u589e\uff0c\u4e2d\u56fd\u56fd\u9645\u822a\u7a7a\u6b63\u57282025\u5e74\u590f\u5b63\u589e\u52a0\u98de\u5f80\u8be5\u5730\u533a\u7684\u8fd0\u529b\u3002\u8be5\u822a\u7a7a\u516c\u53f8\u6700\u8fd1\u5f00\u901a\u4e86\u4e4c\u9c81\u6728\u9f50\u4e0e\u5854\u4ec0\u5e72\u4e4b\u95f4\u4ee5\u53ca\u5317\u4eac\u4e0e\u5854\u4ec0\u5e72\u4e4b\u95f4\u7684\u9996\u6761\u76f4\u98de\u822a\u7ebf\uff0c\u8fd9\u4e24\u6761\u822a\u7ebf\u5747\u6bcf\u5468\u8fd0\u8425\u4e09\u73ed\u3002\u4ece7\u670822\u65e5\u81f38\u670826\u65e5\uff0c\u4e2d\u56fd\u56fd\u9645\u822a\u7a7a\u5c06\u628a\u5317\u4eac\u2014\u65e5\u5185\u74e6\u822a\u7ebf\u7684\u670d\u52a1\u4ece\u6bcf\u5468\u4e94\u73ed\u589e\u52a0\u5230\u516d\u73ed\uff0c\u7531\u73b0\u4ee3\u5316\u7684\u7a7a\u5ba2A350-900\u6267\u98de\u3002\u98de\u5f80\u7f57\u9a6c\u7684\u73ed\u6b21\u4e5f\u5c06\u589e\u52a0\uff0c\u4ee5\u652f\u6301\u8be5\u822a\u7a7a\u516c\u53f8\u91cd\u5efa\u548c\u6269\u5c55\u5176\u6b27\u6d32\u7f51\u7edc\u7684\u66f4\u5e7f\u6cdb\u6218\u7565\u3002\u6b64\u4e3e\u4e0e\u4e2d\u56fd\u51fa\u5883\u6e38\u8d74\u6b27\u70ed\u6f6e\u7684\u66f4\u5e7f\u6cdb\u8d8b\u52bf\u76f8\u7b26\u3002\u6839\u636e\u643a\u7a0b\u6570\u636e\u663e\u793a\uff0c\u6b27\u6d32\u76ee\u7684\u5730\u7b7e\u8bc1\u7533\u8bf7\u91cf\u540c\u6bd4\u589e\u957f\u8d85\u8fc780%\u3002\u4e2d\u56fd\u56fd\u9645\u822a\u7a7a\u7684\u670d\u52a1\u62d3\u5c55\u6070\u9022\u5176\u65f6\uff0c\u4ee5\u6293\u4f4f\u51fa\u5883\u6e38\u7684\u5b63\u8282\u6027\u589e\u957f\u5e76\u6ee1\u8db3\u65e5\u76ca\u589e\u957f\u7684\u56fd\u9645\u9700\u6c42\u3002<br>  <\/li>\n\n\n\n<li><strong>\u4e0e\u963f\u8054\u914b\u822a\u7a7a\u6218\u7565\u5408\u4f5c\u6269\u5927\u5168\u7403\u5f71\u54cd\u529b\u3002 <\/strong>\u4e2d\u56fd\u56fd\u9645\u822a\u7a7a\u5df2\u4e0e\u963f\u8054\u914b\u822a\u7a7a\u7b7e\u7f72\u8c05\u89e3\u5907\u5fd8\u5f55\uff08MoU\uff09\uff0c\u4ee5\u6269\u5927\u53cc\u65b9\u4e92\u60e0\u7684\u8054\u8fd0\u5408\u4f5c\u3002\u6839\u636e\u6b64\u6218\u7565\u6846\u67b6\uff0c\u4e24\u5bb6\u822a\u7a7a\u516c\u53f8\u5c06\u63a2\u8ba8\u5728\u4e2d\u56fd\u548c\u963f\u8054\u914b\u4e4b\u95f4\u7684\u4e3b\u8981\u5e72\u7ebf\u4ee5\u53ca\u5317\u4eac\u548c\u8fea\u62dc\u4ee5\u5916\u7684\u5176\u4ed6\u76ee\u7684\u5730\u8fdb\u884c\u4e92\u60e0\u4ee3\u7801\u5171\u4eab\u5b89\u6392\u3002\u8c05\u89e3\u5907\u5fd8\u5f55\u8fd8\u5305\u62ec\u5728\u8d27\u8fd0\u4e1a\u52a1\u548c\u5e38\u65c5\u5ba2\u8ba1\u5212\u65b9\u9762\u7684\u6f5c\u5728\u5408\u4f5c\uff0c\u65e8\u5728\u4e3a\u4f11\u95f2\u548c\u5546\u52a1\u65c5\u5ba2\u63d0\u4f9b\u589e\u5f3a\u7684\u8fde\u63a5\u6027\u548c\u4ef7\u503c\u3002\u8fd9\u4e00\u8054\u76df\u4f7f\u4e2d\u56fd\u56fd\u9645\u822a\u7a7a\u80fd\u591f\u5de9\u56fa\u5176\u56fd\u9645\u8db3\u8ff9\uff0c\u5e76\u901a\u8fc7\u534f\u540c\u7f51\u7edc\u6269\u5c55\u83b7\u53d6\u589e\u91cf\u5ba2\u6d41\u3002<br>  <\/li>\n\n\n\n<li><strong>25\u8d22\u5e74\u7b2c\u4e00\u5b63\u4e1a\u7ee9\u56de\u987e\u3002<\/strong> 25\u8d22\u5e74\u7b2c\u4e00\u5b63\u8425\u6536\u7565\u5fae\u4e0b\u964d0.11%\u81f3\u4eba\u6c11\u5e01400.2\u4ebf\u5143\uff0c\u800c24\u8d22\u5e74\u7b2c\u4e00\u5b63\u4e3a\u4eba\u6c11\u5e01400.6\u4ebf\u5143\u300225\u8d22\u5e74\u7b2c\u4e00\u5b63\u51c0\u4e8f\u635f\u4e3a\u4eba\u6c11\u5e0121.3\u4ebf\u5143\uff0c\u800c24\u8d22\u5e74\u7b2c\u4e00\u5b63\u51c0\u4e8f\u635f\u4e3a\u4eba\u6c11\u5e0117.1\u4ebf\u5143\u300225\u8d22\u5e74\u7b2c\u4e00\u5b63\u57fa\u672c\u6bcf\u80a1\u6536\u76ca\u964d\u81f3\u4eba\u6c11\u5e01(0.12)\u5143\uff0c\u800c24\u8d22\u5e74\u7b2c\u4e00\u5b63\u4e3a\u4eba\u6c11\u5e01(0.11)\u5143\u3002<br>  <\/li>\n\n\n\n<li><strong>\u5e02\u573a\u5171\u8bc6<\/strong><figure><img loading=\"lazy\" decoding=\"async\" width=\"497\" height=\"106\" class=\"wp-image-73100\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/a-blue-and-white-rectangular-object-with-white-tex-51.png\" alt=\"A blue and white rectangular object with white text\n\nAI-generated content may be incorrect.\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/a-blue-and-white-rectangular-object-with-white-tex-51.png 497w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/a-blue-and-white-rectangular-object-with-white-tex-51-300x64.png 300w\" sizes=\"(max-width: 497px) 100vw, 497px\" \/><\/figure><\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1235\" height=\"596\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/a-graph-showing-a-line-graph-ai-generated-content-5.jpeg\" alt=\"A graph showing a line graph\n\nAI-generated content may be incorrect.\" class=\"wp-image-73101\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/a-graph-showing-a-line-graph-ai-generated-content-5.jpeg 1235w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/a-graph-showing-a-line-graph-ai-generated-content-5-300x145.jpeg 300w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/a-graph-showing-a-line-graph-ai-generated-content-5-1024x494.jpeg 1024w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/a-graph-showing-a-line-graph-ai-generated-content-5-768x371.jpeg 768w\" sizes=\"(max-width: 1235px) 100vw, 1235px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\">\n  (Source: Bloomberg)\n<\/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\/2025\/07\/word-image-73051-20.png\" alt=\"\" class=\"wp-image-73102\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/word-image-73051-20.png 637w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/word-image-73051-20-300x64.png 300w\" sizes=\"(max-width: 637px) 100vw, 637px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<figure class=\"wp-block-image\" id=\"us\"><img loading=\"lazy\" decoding=\"async\" width=\"602\" height=\"128\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/word-image-73051-21.png\" alt=\"\" class=\"wp-image-73103\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/word-image-73051-21.png 602w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/word-image-73051-21-300x64.png 300w\" sizes=\"(max-width: 602px) 100vw, 602px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>\u827a\u7535. (EA US)\uff1a\u5373\u5c06\u53d1\u5e03\u7684\u6e38\u620f<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\u91cd\u7533\u4e70\u5165\uff1a\u4e70\u5165\u4ef7\uff1a150 \u76ee\u6807\u4ef7\uff1a170 \u6b62\u635f\u4ef7\uff1a140<\/strong><br>  <\/li>\n\n\n\n<li>\u7535\u5b50\u827a\u754c\u516c\u53f8\u5728\u5168\u7403\u8303\u56f4\u5185\u5f00\u53d1\u3001\u53d1\u884c\u548c\u5206\u9500\u54c1\u724c\u4e92\u52a8\u5a31\u4e50\u8f6f\u4f53\uff0c\u6db5\u76d6\u89c6\u9891\u6e38\u620f\u4e3b\u673a\u3001\u4e2a\u4eba\u7535\u8111\u3001\u624b\u6301\u6e38\u620f\u673a\u548c\u884c\u52a8\u7535\u8bdd\u3002\u8be5\u516c\u53f8\u8fd8\u63d0\u4f9b\u4e0e\u5728\u7ebf\u6e38\u620f\u76f8\u5173\u7684\u670d\u52a1\u3002<br>  <\/li>\n\n\n\n<li><strong>\u5373\u5c06\u63a8\u51fa\u7684\u300a\u6218\u5730\u98ce\u4e916\u300b\u3002<\/strong>EA\u6b63\u5728\u51c6\u5907\u63ed\u6653\u300a\u6218\u5730\u98ce\u4e916\u300b\uff0c\u5b98\u65b9\u9884\u544a\u7247\u5c06\u4e8e7\u670824\u65e5\u9996\u53d1\uff0c\u968f\u540e\u6e38\u620f\u5c06\u5f88\u5feb\u6b63\u5f0f\u63a8\u51fa\u3002\u8be5\u516c\u53f8\u5bf9\u8fd9\u6b3e\u6e38\u620f\u7684\u76ee\u6807\u96c4\u5fc3\u52c3\u52c3\uff0c\u65e8\u5728\u5438\u5f15\u8d85\u8fc71\u4ebf\u540d\u73a9\u5bb6\u3002\u6839\u636eArs Technica\u5f15\u7528\u7684\u6d88\u606f\u6765\u6e90\uff0cEA\u8ba1\u5212\u590d\u5236\u6210\u529f\u7684\u300a\u4f7f\u547d\u53ec\u5524\uff1a\u6218\u4e89\u5730\u5e26\u300b\u6a21\u578b\u2014\u2014\u63d0\u4f9b\u514d\u8d39\u6e38\u73a9\u7684\u5927\u9003\u6740\u6a21\u5f0f\uff0c\u540c\u65f6\u63d0\u4f9b\u9ad8\u7aef\u7684\u5355\u4eba\u548c\u6838\u5fc3\u591a\u4eba\u6e38\u620f\u4f53\u9a8c\u3002\u8fd9\u4e00\u6df7\u5408\u7b56\u7565\u9884\u8ba1\u5c06\u663e\u8457\u6269\u5927\u300a\u6218\u5730\u98ce\u4e916\u300b\u7684\u73a9\u5bb6\u57fa\u7840\uff0c\u76f8\u8f83\u4e8e\u4e4b\u524d\u7684\u7248\u672c\u3002<br>  <\/li>\n\n\n\n<li><strong>\u6539\u5584\u6e38\u620f\u4f53\u9a8c\u4ee5\u6355\u6349\u589e\u957f\u3002<\/strong>EA Sports\u6b63\u5728\u63d0\u5347\u5176\u4ea7\u54c1\u4ee5\u5438\u5f15\u66f4\u5e7f\u6cdb\u7684\u6e38\u620f\u53d7\u4f17\u3002\u6700\u8fd1\u5ba3\u5e03\u7684\u300aMadden NFL 26\u300b\u5f15\u5165\u4e86\u91cd\u5927\u5347\u7ea7\uff0c\u5305\u62ec\u66f4\u667a\u80fd\u7684AI\u3001\u589e\u5f3a\u7684\u6218\u7565\u6df1\u5ea6\uff0c\u4ee5\u53ca\u5341\u591a\u5e74\u6765 Franchise \u6a21\u5f0f\u7684\u6700\u5927\u6539\u8fdb\u3002\u8be5\u6e38\u620f\u5229\u7528\u73b0\u5b9e\u4e16\u754c\u7684\u6559\u7ec3\u6570\u636e\u548c\u91cd\u65b0\u8bbe\u8ba1\u7684\u73a9\u5bb6\u884c\u4e3a\uff0c\u65e8\u5728\u63d0\u4f9b\u66f4\u771f\u5b9e\u548c\u6c89\u6d78\u7684NFL\u4f53\u9a8c\u3002\u968f\u7740EA\u7ee7\u7eed\u63a8\u8fdb\u66f4\u5927\u7684\u771f\u5b9e\u611f\u548c\u66f4\u6df1\u5c42\u6b21\u7684\u6e38\u620f\u4f53\u9a8c\uff0c\u8fd9\u4e9b\u6539\u8fdb\u5f88\u53ef\u80fd\u4f1a\u5f15\u8d77\u6838\u5fc3\u7c89\u4e1d\u548c\u65b0\u73a9\u5bb6\u7684\u5171\u9e23\u3002<br>  <\/li>\n\n\n\n<li><strong>2025\u5e74\u7b2c\u56db\u5b63\u4e1a\u7ee9\u56de\u987e\u3002<\/strong>2025\u5e74\u7b2c\u56db\u5b63\u5ea6\u8425\u6536\u540c\u6bd4\u589e\u957f6.5%\u81f318.9\u4ebf\u7f8e\u5143\uff0c\u800c2024\u5e74\u7b2c\u56db\u5b63\u5ea6\u4e3a17.8\u4ebf\u7f8e\u5143\u3002\u51c0\u5229\u6da6\u589e\u957f39.6%\u81f32.54\u4ebf\u7f8e\u5143\uff0c\u800c2024\u5e74\u7b2c\u56db\u5b63\u5ea6\u4e3a1.82\u4ebf\u7f8e\u5143\u3002\u6bcf\u80a1\u6536\u76ca\u4e3a0.98\u7f8e\u5143\uff0c\u9ad8\u4e8e\u9884\u671f0.07\u7f8e\u5143\u3002<br>  <\/li>\n\n\n\n<li><strong>\u5e02\u573a\u5171\u8bc6<\/strong><\/li>\n<\/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\/2025\/07\/word-image-73051-22.png\" alt=\"\" class=\"wp-image-73104\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/word-image-73051-22.png 497w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/word-image-73051-22-300x64.png 300w\" sizes=\"(max-width: 497px) 100vw, 497px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1235\" height=\"596\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/word-image-73051-23.jpeg\" alt=\"\" class=\"wp-image-73105\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/word-image-73051-23.jpeg 1235w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/word-image-73051-23-300x145.jpeg 300w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/word-image-73051-23-1024x494.jpeg 1024w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/word-image-73051-23-768x371.jpeg 768w\" sizes=\"(max-width: 1235px) 100vw, 1235px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\">\n  (Source: Bloomberg)\n<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><figure><img loading=\"lazy\" decoding=\"async\" width=\"940\" height=\"200\" alt=\"A long line of a flag\n\nDescription automatically generated with medium confidence\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/a-long-line-of-a-flag-description-automatically-g-25.png\" class=\"wp-image-73106\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/a-long-line-of-a-flag-description-automatically-g-25.png 940w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/a-long-line-of-a-flag-description-automatically-g-25-300x64.png 300w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/a-long-line-of-a-flag-description-automatically-g-25-768x163.png 768w\" sizes=\"(max-width: 940px) 100vw, 940px\" \/><\/figure><strong> <\/strong><\/h3>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>T-Mobile US Inc. (TMUS US)\uff1a\u89e3\u9501\u65e0\u7f1d\u8fde\u63a5<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\u91cd\u7533\u4e70\u5165\uff1a\u4e70\u5165\u4ef7\uff1a240 \u76ee\u6807\u4ef7\uff1a270 \u6b62\u635f\u4ef7\uff1a225<\/strong><br>  <\/li>\n\n\n\n<li>T-Mobile US, Inc. \u662f\u4e00\u5bb6\u65e0\u7ebf\u7f51\u7edc\u8fd0\u8425\u5546\u3002\u516c\u53f8\u63d0\u4f9b\u65e0\u7ebf\u8bed\u97f3\u3001\u6d88\u606f\u548c\u6570\u636e\u670d\u52a1\u3002T-Mobile US \u4e3a\u7f8e\u56fd\u5ba2\u6237\u63d0\u4f9b\u670d\u52a1\u3002<br>  <\/li>\n\n\n\n<li><strong>\u5ba2\u6237\u9700\u6c42\u589e\u52a0\u548c\u6301\u7eed\u6536\u8d2d\u3002<\/strong>T-Mobile \u53d1\u5e03\u4e86\u5f3a\u52b2\u7684\u7b2c\u4e8c\u5b63\u5ea6\u4e1a\u7ee9\uff0c\u65b0\u589e83\u4e07\u540e\u4ed8\u8d39\u624b\u673a\u7528\u6237\uff0c\u8d85\u51fa\u9884\u671f\uff0c\u5e76\u5c06\u5e74\u5ea6\u7528\u6237\u65b0\u589e\u9884\u6d4b\u4e0a\u8c03\u81f3610\u4e07 \u2013 640\u4e07\u3002\u589e\u957f\u4e3b\u8981\u5f97\u76ca\u4e8e\u5176\u9ad8\u7aef\u201c\u4f53\u9a8c\u201d\u8ba1\u5212\u7684\u5f3a\u52b2\u9700\u6c42\uff0c\u8be5\u8ba1\u5212\u5305\u62ec\u6346\u7ed1\u7684\u6d41\u5a92\u4f53\u670d\u52a1\u548c\u536b\u661f\u8986\u76d6\uff0c60%\u7684\u65b0\u8d26\u6237\u9009\u62e9\u4e86\u8fd9\u4e9b\u9876\u7ea7\u670d\u52a1\u3002T-Mobile \u8fd8\u65b0\u589e\u4e8645.4\u4e07\u9ad8\u901f\u4e92\u8054\u7f51\u7528\u6237\uff0c\u5e76\u63d0\u9ad8\u4e86\u5168\u5e74\u6307\u5bfc\uff0c\u5f97\u76ca\u4e8e\u79ef\u6781\u7684\u4fc3\u9500\u548c\u50cf\u6bcf\u670810\u7f8e\u5143\u7684 T-Satellite \u670d\u52a1\u7b49\u4ea7\u54c1\u521b\u65b0\u3002\u9664\u4e86\u8fd0\u8425\u52bf\u5934\u5916\uff0cT-Mobile \u901a\u8fc7\u5ba3\u5e03\u4ee544\u4ebf\u7f8e\u5143\u6536\u8d2d U.S. Cellular \u6765\u63d0\u5347\u5176\u6218\u7565\u5b9a\u4f4d\uff0c\u9884\u8ba1\u5728\u83b7\u5f97FCC\u6279\u51c6\u540e\u4e8e8\u67081\u65e5\u5b8c\u6210\u4ea4\u6613\u3002\u516c\u53f8\u8fd8\u540c\u610f\u4ee529\u4ebf\u7f8e\u5143\u73b0\u91d1\u548cGrain\u7684\u5168\u90e8600 MHz\u9891\u8c31\u8bb8\u53ef\u8bc1\u51fa\u552e\u5176800 MHz\u8bb8\u53ef\u8bc1\u3002\u6b64\u5916\uff0c\u5b83\u8fd8\u4e0eKKR & Co.\u6210\u7acb\u4e86\u5408\u8d44\u4f01\u4e1a\uff0c\u6536\u8d2d\u5149\u7ea4\u4f9b\u5e94\u5546Metronet\uff0c\u4ea4\u6613\u4e8e7\u670824\u65e5\u5b8c\u6210\u3002\u516c\u53f8\u62a5\u544a\u7b2c\u4e8c\u5b63\u5ea6\u6536\u5165\u4e3a211.3\u4ebf\u7f8e\u5143\uff0c\u8d85\u51fa\u5206\u6790\u5e08\u9884\u671f\uff0c\u5e76\u901a\u8fc7\u5dee\u5f02\u5316\u8ba1\u5212\u3001\u6269\u5c55\u7f51\u7edc\u8d44\u4ea7\u548c\u5149\u7ea4\u6295\u8d44\u7ee7\u7eed\u589e\u5f3a\u5176\u5728AT&T\u548cVerizon\u9762\u524d\u7684\u7ade\u4e89\u4f18\u52bf\u3002<br>  <\/li>\n\n\n\n<li><strong>\u52a0\u5f3a\u4f01\u4e1a\u589e\u957f\u3002<\/strong>T-Mobile \u901a\u8fc7\u4e0e\u7f8e\u56fd\u4e24\u5927\u6709\u7ebf\u7535\u89c6\u4f9b\u5e94\u5546Comcast\u548cCharter Communications\u7b7e\u8ba2\u65b0\u7684\u79fb\u52a8\u865a\u62df\u7f51\u7edc\u8fd0\u8425\u5546\uff08MVNO\uff09\u534f\u8bae\uff0c\u5de9\u56fa\u4e86\u5176\u5728\u5546\u4e1a\u65e0\u7ebf\u9886\u57df\u7684\u9886\u5bfc\u5730\u4f4d\u3002\u8be5MVNO\u8ba1\u5212\u4e8e2026\u5e74\u63a8\u51fa\uff0c\u4e13\u95e8\u4f7f\u7528T-Mobile\u76845G\u7f51\u7edc\u4e3aComcast\u548cCharter\u7684\u5546\u4e1a\u5ba2\u6237\u63d0\u4f9b\u79fb\u52a8\u8fde\u63a5\uff0c\u6269\u5c55\u4e86T-Mobile\u7684\u4f01\u4e1a\u7248\u56fe\u3002\u8be5\u534f\u8bae\u5f3a\u8c03\u4e86T-Mobile\u4f5c\u4e3a\u6279\u53d1\u5408\u4f5c\u4f19\u4f34\u7684\u5438\u5f15\u529b\uff0c\u5e76\u7a81\u663e\u4e86\u968f\u7740\u6709\u7ebf\u516c\u53f8\u5728\u4ed8\u8d39\u7535\u89c6\u589e\u957f\u653e\u7f13\u65f6\u591a\u6837\u5316\u7684\u80cc\u666f\u4e0b\uff0c\u5bf9\u7075\u6d3b\u3001\u9ad8\u901f\u65e0\u7ebf\u670d\u52a1\u65e5\u76ca\u589e\u957f\u7684\u9700\u6c42\u3002\u8fd9\u4e00\u4e3e\u63aa\u5efa\u7acb\u5728T-Mobile\u6301\u7eed\u7684MVNO\u5173\u7cfb\u57fa\u7840\u4e0a\uff0c\u4f7f\u5176\u5728\u5feb\u901f\u53d1\u5c55\u7684\u8fde\u63a5\u6027\u683c\u5c40\u4e2d\u6210\u4e3a\u652f\u67f1\u63d0\u4f9b\u5546\u3002<br>  <\/li>\n\n\n\n<li><strong>\u901a\u8fc7\u536b\u661f\u521b\u65b0\u6269\u5c55\u8986\u76d6\u8303\u56f4\u3002<\/strong>T-Mobile \u5728\u7f51\u7edc\u6269\u5c55\u65b9\u9762\u5f15\u9886\u521b\u65b0\uff0c\u5176\u5373\u5c06\u63a8\u51fa\u7684\u536b\u661f\u5230\u624b\u673a\u670d\u52a1 T-Satellite \u4e8e7\u670823\u65e5\u4e0eSpaceX\u7684Starlink\u5408\u4f5c\u6b63\u5f0f\u4e0a\u7ebf\u3002\u5728\u6210\u529f\u7684\u6d4b\u8bd5\u9636\u6bb5\u540e\uff0c\u6ce8\u518c\u7528\u6237\u8d85\u8fc7180\u4e07\uff0c\u5305\u62ec\u6765\u81eaAT&T\u548cVerizon\u7684\u5927\u91cf\u7528\u6237\u8f6c\u79fb\uff0c\u8be5\u670d\u52a1\u5c06\u6269\u5c55\u8986\u76d6\u8d85\u8fc750\u4e07\u5e73\u65b9\u82f1\u91cc\u7684\u6b64\u524d\u65e0\u6cd5\u8986\u76d6\u7684\u7f8e\u56fd\u533a\u57df\u3002\u4ece10\u67081\u65e5\u8d77\uff0cT-Satellite \u5c06\u652f\u6301\u6570\u636e\u670d\u52a1\uff0c\u4f7f\u8fdc\u7a0b\u5730\u533a\u7684\u5e94\u7528\u4f7f\u7528\u6210\u4e3a\u53ef\u80fd\uff0c\u5e76\u5c06\u65e0\u9700\u989d\u5916\u8d39\u7528\u5305\u542b\u5728T-Mobile\u7684\u65b0\u201c\u4f53\u9a8c\u8d85\u8d8a\u201d\u8ba1\u5212\u4e2d\u3002\u5bf9\u4e8eAT&T\u548cVerizon\u7684\u5ba2\u6237\uff0c\u8be5\u670d\u52a1\u5c06\u6536\u8d39\u6bcf\u670810\u7f8e\u5143\u3002\u8fd9\u53cd\u6620\u4e86T-Mobile \u6d88\u9664\u79fb\u52a8\u6b7b\u89d2\u7684\u627f\u8bfa\uff0c\u589e\u5f3a\u5ba2\u6237\u4ef7\u503c\uff0c\u5e76\u6253\u7834\u65e0\u7ebf\u7f51\u7edc\u7684\u4f20\u7edf\u9650\u5236\u3002<br>  <\/li>\n\n\n\n<li><strong>2025\u5e74\u7b2c\u4e8c\u5b63\u4e1a\u7ee9\u56de\u987e\u3002<\/strong>\u6536\u5165\u540c\u6bd4\u589e\u957f6.9%\uff0c\u8fbe\u5230211.3\u4ebf\u7f8e\u5143\uff0c\u8d85\u51fa\u9884\u671f1.1\u4ebf\u7f8e\u5143\u3002GAAP\u6bcf\u80a1\u6536\u76ca\u4e3a2.84\u7f8e\u5143\uff0c\u8d85\u51fa\u9884\u671f0.17\u7f8e\u5143\u3002\u9274\u4e8eMetronet\u7684\u52a0\u5165\uff0c\u516c\u53f8\u73b0\u5728\u9884\u8ba1\u65b0\u589e\u7528\u6237\u5c06\u4ecb\u4e8e610\u4e07\u5230640\u4e07\u4e4b\u95f4\uff0c\u800c\u4e4b\u524d\u7684\u9884\u671f\u4e3a550\u4e07\u5230600\u4e07\u3002\u6838\u5fc3\u8c03\u6574\u540e EBITDA \u9884\u8ba1\u5728333\u4ebf\u5230337\u4ebf\u7f8e\u5143\u4e4b\u95f4\uff0c\u6bd4\u4e4b\u524d\u7684\u6307\u5bfc\u4e2d\u70b9\u4e0a\u8c03\u81f3332\u4ebf\u5230337\u4ebf\u7f8e\u5143\u3002<br>  <\/li>\n\n\n\n<li><strong>\u5e02\u573a\u5171\u8bc6<\/strong><\/li>\n<\/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\/2025\/07\/a-blue-and-white-rectangular-object-with-numbers-23.png\" alt=\"A blue and white rectangular object with numbers\n\nAI-generated content may be incorrect.\" class=\"wp-image-73107\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/a-blue-and-white-rectangular-object-with-numbers-23.png 497w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/a-blue-and-white-rectangular-object-with-numbers-23-300x64.png 300w\" sizes=\"(max-width: 497px) 100vw, 497px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1195\" height=\"575\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/a-graph-of-a-stock-market-ai-generated-content-ma-15.jpeg\" alt=\"A graph of a stock market\n\nAI-generated content may be incorrect.\" class=\"wp-image-73108\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/a-graph-of-a-stock-market-ai-generated-content-ma-15.jpeg 1195w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/a-graph-of-a-stock-market-ai-generated-content-ma-15-300x144.jpeg 300w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/a-graph-of-a-stock-market-ai-generated-content-ma-15-1024x493.jpeg 1024w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/a-graph-of-a-stock-market-ai-generated-content-ma-15-768x370.jpeg 768w\" sizes=\"(max-width: 1195px) 100vw, 1195px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\">\n  (Source: Bloomberg)\n<\/p>\n\n\n\n<p class=\"has-text-align-right wp-block-paragraph\"><a href=\"#top\" title=\"\">^ Back To Top<\/a><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><a id=\"post-73051-_va9jaog5jnw3\"><\/a><figure><img loading=\"lazy\" decoding=\"async\" width=\"637\" height=\"135\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/word-image-73051-27.png\" class=\"wp-image-73109\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/word-image-73051-27.png 637w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/word-image-73051-27-300x64.png 300w\" sizes=\"(max-width: 637px) 100vw, 637px\" \/><\/figure><\/h3>\n\n\n\n<figure class=\"wp-block-image\" id=\"td\"><img loading=\"lazy\" decoding=\"async\" width=\"602\" height=\"128\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/word-image-73051-28.png\" alt=\"\" class=\"wp-image-73110\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/word-image-73051-28.png 602w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/word-image-73051-28-300x64.png 300w\" sizes=\"(max-width: 602px) 100vw, 602px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Trading Dashboard Update: <\/strong>Take profit on ICICI Bank Ltd (IBN US) at US$33.84, CGN Power Co Ltd (1816 HK) at HK$2.95 and HSBC Holdings Plc (5 HK) at HK$100.6. Add ComfortDelGro Corp Ltd (CD SP) at S$1.58, Singapore Exchange Ltd (SGX SP) at S$15.8, Air China Ltd (753 HK) at HK$5.8 and T-Mobile US Inc (TMUS US) at US$240. Cut loss on Circle Internet Group Inc (CRCL US) at US$185 and Xiaomi Corp (1810 HK) at HK$55.\n<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"943\" height=\"477\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/word-image-73051-29.png\" alt=\"\" class=\"wp-image-73111\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/word-image-73051-29.png 943w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/word-image-73051-29-300x152.png 300w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/07\/word-image-73051-29-768x388.png 768w\" sizes=\"(max-width: 943px) 100vw, 943px\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><a id=\"post-71807-_tiry8p5xvcqk\"><\/a><\/h3>\n\n\n\n<div class=\"wp-block-uagb-separator uagb-block-ed4e1152\"><div class=\"wp-block-uagb-separator__inner\" style=\"--my-background-image:\"><\/div><\/div>\n\n\n\n<div class=\"wp-block-uagb-separator uagb-block-075e5b76\"><div class=\"wp-block-uagb-separator__inner\" style=\"--my-background-image:\"><\/div><\/div>\n\n\n\n<div class=\"wp-block-uagb-separator uagb-block-0ad8dd24\"><div class=\"wp-block-uagb-separator__inner\" style=\"--my-background-image:\"><\/div><\/div>\n\n\n\n<div class=\"wp-block-uagb-buttons uagb-buttons__outer-wrap uagb-btn__default-btn uagb-btn-tablet__default-btn uagb-btn-mobile__default-btn uagb-block-dc1bd65c\"><div class=\"uagb-buttons__wrap uagb-buttons-layout-wrap \">\n<div class=\"wp-block-uagb-buttons-child uagb-buttons__outer-wrap uagb-block-2f4e392f wp-block-button\"><div class=\"uagb-button__wrapper\"><a class=\"uagb-buttons-repeater wp-block-button__link\" aria-label=\"\" href=\"https:\/\/www.kgieworld.sg\/securities\/contact-us\" rel=\"follow noopener\" target=\"_self\" role=\"button\"><div class=\"uagb-button__link\">\u8054\u7cfb\u6211\u4eec\u4e86\u89e3\u66f4\u591a\u4fe1\u606f<\/div><\/a><\/div><\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-uagb-separator uagb-block-4467fd1f\"><div class=\"wp-block-uagb-separator__inner\" style=\"--my-background-image:\"><\/div><\/div>\n\n\n\n<div class=\"wp-block-uagb-separator uagb-block-fdd2c8c4\"><div class=\"wp-block-uagb-separator__inner\" style=\"--my-background-image:\"><\/div><\/div>\n\n\n\n<h3 class=\"wp-block-heading\"><a id=\"post-56747-_fginbsn8cd1z\"><\/a><\/h3>\n\n\n\n<div class=\"wp-block-uagb-separator uagb-block-27ad8851\"><div class=\"wp-block-uagb-separator__inner\" style=\"--my-background-image:\"><\/div><\/div>\n\n\n\n<div class=\"wp-block-uagb-image uagb-block-62b24b08 wp-block-uagb-image--layout-default wp-block-uagb-image--effect-static wp-block-uagb-image--align-none\"><figure class=\"wp-block-uagb-image__figure\"><a class=\"\" href=\"https:\/\/www.whatsapp.com\/channel\/0029VayhkxMChq6JN6qO8x0B\" target=\"\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/06\/1-1.png ,https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/06\/1-1.png 780w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/06\/1-1.png 360w\" sizes=\"auto, (max-width: 480px) 150px\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/06\/1-1.png\" alt=\"\" class=\"uag-image-69995\" width=\"760\" height=\"208\" title=\"1\" loading=\"lazy\" role=\"img\"\/><\/a><\/figure><\/div>\n\n\n\n<div class=\"wp-block-uagb-image uagb-block-82e9f322 wp-block-uagb-image--layout-default wp-block-uagb-image--effect-static wp-block-uagb-image--align-none\"><figure class=\"wp-block-uagb-image__figure\"><a class=\"\" href=\"https:\/\/t.me\/kgisg\" target=\"\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/06\/2.png 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25\u8d22\u5e74\u7b2c\u4e00\u5b63\u4e1a\u7ee9\u56de\u987e\u3002 25\u8d22\u5e74\u7b2c\u4e00\u5b63\u8425\u6536\u7565\u5fae\u4e0b\u964d0.11%\u81f3\u4eba\u6c11\u5e01400.2\u4ebf\u5143\uff0c\u800c24\u8d22\u5e74\u7b2c\u4e00\u5b63\u4e3a\u4eba\u6c11\u5e01400.6\u4ebf\u5143\u300225\u8d22\u5e74\u7b2c\u4e00\u5b63\u51c0\u4e8f\u635f\u4e3a\u4eba\u6c11\u5e0121.3\u4ebf\u5143\uff0c\u800c24\u8d22\u5e74\u7b2c\u4e00\u5b63\u51c0\u4e8f\u635f\u4e3a\u4eba\u6c11\u5e0117.1\u4ebf\u5143\u300225\u8d22\u5e74\u7b2c\u4e00\u5b63\u57fa\u672c\u6bcf\u80a1\u6536\u76ca\u964d\u81f3\u4eba\u6c11\u5e01(0.12)\u5143\uff0c\u800c24\u8d22\u5e74\u7b2c\u4e00\u5b63\u4e3a\u4eba\u6c11\u5e01(0.11)\u5143\u3002 \u5e02\u573a\u5171\u8bc6\" \/>\n\t\t<meta property=\"og:url\" content=\"https:\/\/www.kgieworld.sg\/research\/kgi-daily-trading-ideas-30-jul-2025-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\" 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\\u5e02\\u573a\\u5171\\u8bc6 (Source: Bloomberg) \\u4e2d\\u56fd\\u56fd\\u9645\\u822a\\u7a7a (753 HK)\\uff1a\\u590f\\u5b63\\u63a8\\u52a8\\u9700\\u6c42\\u589e\\u52a0 \\u91cd\\u7533\\u4e70\\u5165\\uff1a\\u4e70\\u5165\\u4ef7\\uff1a5.80\\uff0c\\u76ee\\u6807\\u4ef7\\uff1a6.60\\uff0c\\u6b62\\u635f\\u4ef7\\uff1a5.40 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