{"id":782,"date":"2026-07-15T15:48:52","date_gmt":"2026-07-15T07:48:52","guid":{"rendered":"https:\/\/www.cyber3hk.com\/wordpress\/?p=782"},"modified":"2026-07-15T15:48:52","modified_gmt":"2026-07-15T07:48:52","slug":"%e6%95%b8%e6%93%9a%e6%9c%89%e5%a4%9a%e5%b0%91%e6%b0%b4","status":"publish","type":"post","link":"http:\/\/www.cyber3hk.com\/wordpress\/?p=782","title":{"rendered":"\u6578\u64da\u6709\u591a\u5c11\u6c34"},"content":{"rendered":"\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"576\" height=\"1024\" data-id=\"783\" src=\"https:\/\/www.cyber3hk.com\/wordpress\/wp-content\/uploads\/2026\/07\/1000027231-576x1024.jpg\" alt=\"\" class=\"wp-image-783\" srcset=\"http:\/\/www.cyber3hk.com\/wordpress\/wp-content\/uploads\/2026\/07\/1000027231-576x1024.jpg 576w, http:\/\/www.cyber3hk.com\/wordpress\/wp-content\/uploads\/2026\/07\/1000027231-169x300.jpg 169w, http:\/\/www.cyber3hk.com\/wordpress\/wp-content\/uploads\/2026\/07\/1000027231-768x1365.jpg 768w, http:\/\/www.cyber3hk.com\/wordpress\/wp-content\/uploads\/2026\/07\/1000027231-864x1536.jpg 864w, http:\/\/www.cyber3hk.com\/wordpress\/wp-content\/uploads\/2026\/07\/1000027231-1152x2048.jpg 1152w, http:\/\/www.cyber3hk.com\/wordpress\/wp-content\/uploads\/2026\/07\/1000027231-scaled.jpg 1440w\" sizes=\"auto, (max-width: 576px) 100vw, 576px\" \/><\/figure>\n<\/figure>\n\n\n\n<p>\u9999\u6e2f\u7d93\u6fdf\u5728\u5f37\u52c1\u51fa\u53e3\u8207\u670d\u52d9\u696d\u5e36\u52d5\u4e0b\u7dad\u6301\u5fa9\u7526\uff0c\u6052\u6307\u504f\u5f37\uff0c2\u500d\u69d3\u687fETF 7200 \u4e0a\u5347\u30012\u500d\u53cd\u5411ETF 7500 \u4e0b\u8dcc\uff0c\u540c\u6642\u74b0\u7403\u7126\u9ede\u843d\u5728\u7f8e\u4f0a\u7dca\u5f35\u5347\u7d1a\u3001\u8377\u59c6\u8332\u6d77\u5cfd\u6cb9\u904b\u98a8\u96aa\u3001\u4ee5\u53ca\u591a\u8d77\u5730\u7de3\u653f\u6cbb\u8207\u6975\u7aef\u5929\u6c23\u4e8b\u4ef6\u4e0a\u3002[1][2]## \u9999\u6e2f\u7d93\u6fdf\u8207\u653f\u7b56\u7126\u9ede\u9999\u6e2f2026\u5e74\u7b2c\u4e00\u5b63\u5be6\u8cea\u672c\u5730\u751f\u7522\u7e3d\u503c\u6309\u5e74\u589e\u9577\u7d045.9%\uff0c\u662f\u8fd1\u4e94\u5e74\u4f86\u6700\u5feb\u589e\u901f\uff0c\u4e3b\u8981\u53d7\u5916\u8cbf\u7279\u5225\u662f\u4eba\u5de5\u667a\u80fd\u76f8\u95dc\u96fb\u5b50\u7522\u54c1\u51fa\u53e3\u53ca\u65c5\u904a\u3001\u91d1\u878d\u7b49\u670d\u52d9\u8f38\u51fa\u5e36\u52d5\u3002 \u653f\u5e9c\u7dad\u63012026\u5e74\u5168\u5e74\u5be6\u8ceaGDP\u589e\u9577\u9810\u6e2c\u57282.5%\u81f33.5%\uff0c\u540c\u6642\u5c07\u5168\u5e74\u57fa\u672c\u901a\u8139\u7387\u9810\u6e2c\u4e0a\u8abf\u81f3\u7d042.5%\u3001\u7e3d\u9ad4\u901a\u8139\u7d042.6%\uff0c\u53cd\u6620\u5728\u5fa9\u7526\u4e0b\u901a\u8139\u58d3\u529b\u4ecd\u5c6c\u6eab\u548c\u3002[3][4][1]\u5c31\u696d\u5e02\u5834\u65b9\u9762\uff0c2026\u5e743\u6708\u81f35\u6708\u7d93\u5b63\u7bc0\u6027\u8abf\u6574\u5931\u696d\u7387\u7d043.7%\uff0c\u5c31\u696d\u60c5\u6cc1\u5927\u81f4\u7a69\u5b9a\uff0c\u800c5\u6708\u96f6\u552e\u696d\u7e3d\u92b7\u8ca8\u50f9\u503c\u6309\u5e74\u589e\u9577\u7d047.9%\uff0c\u986f\u793a\u672c\u5730\u6d88\u8cbb\u4ecd\u6709\u4e00\u5b9a\u52d5\u529b\u3002 \u5b98\u65b9\u540c\u6642\u6307\u51fa\uff0c\u4e2d\u6771\u5c40\u52e2\u82e5\u9032\u4e00\u6b65\u60e1\u5316\u6216\u63a8\u9ad8\u74b0\u7403\u91d1\u878d\u5e02\u5834\u6ce2\u52d5\uff0c\u5c0d\u9999\u6e2f\u589e\u9577\u69cb\u6210\u4e0b\u884c\u98a8\u96aa\uff0c\u4e0a\u8abf\u901a\u8139\u9810\u6e2c\u4ea6\u53cd\u6620\u80fd\u6e90\u53ca\u8f38\u5165\u50f9\u683c\u4e0d\u78ba\u5b9a\u6027\u3002[2][1]## \u5167\u5730\u8cc7\u672c\u7ba1\u5236\u8207\u9999\u6e2f\u8cc7\u7522\u5e02\u5834\u4e2d\u570b\u8fd1\u671f\u52a0\u5927\u6253\u64ca\u7d93\u7531\u9999\u6e2f\u9032\u884c\u7684\u975e\u6cd5\u8de8\u5883\u8cc7\u672c\u5916\u6d41\uff0c\u5305\u62ec\u56b4\u67e5\u7070\u8272\u8cc7\u91d1\u901a\u9053\u53ca\u5c0d\u90e8\u5206\u8de8\u5883\u7db2\u4e0a\u5238\u5546\u91cd\u7f70\uff0c\u4e26\u81ea7\u67081\u65e5\u8d77\u5be6\u65bd\u65b0\u7684\u5883\u5916\u6295\u8cc7\u898f\u4f8b\uff0c\u9650\u5236\u500b\u4eba\u5229\u7528\u5916\u532f\u984d\u5ea6\u8cfc\u8cb7\u6d77\u5916\u7269\u696d\u7b49\u8cc7\u7522\u3002 \u96d6\u7136\u7ba1\u5236\u52a0\u56b4\uff0c\u4f46\u6578\u64da\u986f\u793a2026\u5e74\u7b2c\u4e00\u5b63\u7d0418,654\u5b97\u4f4f\u5b85\u6210\u4ea4\u4e2d\uff0c\u63a5\u8fd120%\u6d89\u53ca\u5167\u5730\u8cb7\u5bb6\uff0c\u6d89\u8cc7\u7d044,300\u5104\u6e2f\u5143\uff0c\u5c24\u5176\u57281\u5104\u6e2f\u5143\u4ee5\u4e0a\u8d85\u7d1a\u8c6a\u5b85\u5e02\u5834\u4f54\u6bd4\u5df2\u903e\u4e00\u534a\u3002[5]\u591a\u9593\u570b\u969b\u6295\u884c\u9810\u671f\uff0c\u6b64\u8f2a\u6536\u7dca\u4e0d\u81f4\u89f8\u767c\u9999\u6e2f\u6a13\u5e02\u6574\u9ad4\u5d29\u6f70\uff0c\u800c\u662f\u51fa\u73fe\u300cK\u5f62\u5206\u5316\u300d\uff1a\u9ad8\u7aef\u53ca\u6838\u5fc3\u5730\u6bb5\u7269\u696d\u5728\u9ad8\u6de8\u503c\u5ba2\u6236\u5e36\u52d5\u4e0b\u76f8\u5c0d\u6297\u8dcc\uff0c\u5927\u773e\u4f4f\u5b85\u5247\u7531\u672c\u5730\u525b\u6027\u4f4f\u5c4b\u9700\u6c42\u652f\u6490\u3002 \u5c0d\u9280\u884c\u53ca\u5238\u5546\u4f86\u8aaa\uff0c\u5408\u898f\u8207\u76e1\u8077\u5be9\u67e5\u58d3\u529b\u4e0a\u5347\uff0c\u4f46\u9577\u9060\u82e5\u80fd\u978f\u56fa\u9999\u6e2f\u4f5c\u70ba\u5408\u898f\u8de8\u5883\u8cc7\u672c\u6a1e\u7d10\u7684\u5f62\u8c61\uff0c\u5c0d\u91d1\u878d\u4e2d\u5fc3\u5b9a\u4f4d\u53cd\u800c\u6709\u6b63\u9762\u4f5c\u7528\u3002[1][5]## \u9999\u6e2f\u80a1\u5e02\u30017200\u82077500\u8d70\u52e2\u5728\u5916\u570d\u5c0d\u5229\u7387\u898b\u9802\u751a\u81f3\u6e1b\u606f\u9810\u671f\u53caAI\u76f8\u95dc\u79d1\u6280\u80a1\u5e36\u52d5\u4e0b\uff0c\u9999\u6e2f\u4e3b\u8981\u80a1\u6307\uff08HK50\/\u6052\u6307\uff09\u4eca\u65e5\u5347\u81f3\u7d0424,700\u9ede\u6c34\u5e73\u9644\u8fd1\uff0c\u6309\u65e5\u5347\u5e45\u7d041.5%\uff0c\u5ef6\u7e8c\u8fd1\u6708\u7531\u4f4e\u4f4d\u53cd\u5f48\u8d70\u52e2\u3002 \u51fa\u53e3\u6578\u64da\u986f\u793a\uff0c5\u6708\u9999\u6e2f\u8ca8\u7269\u51fa\u53e3\u503c\u6309\u5e74\u5927\u589e\u7d0440.8%\uff0c\u7576\u4e2dAI\u76f8\u95dc\u96fb\u5b50\u7522\u54c1\u9700\u6c42\u5f37\u52c1\uff0c\u6709\u52a9\u652f\u6490\u8207\u79d1\u6280\u3001\u534a\u5c0e\u9ad4\u53ca\u4f9b\u61c9\u93c8\u76f8\u95dc\u80a1\u4efd\u8868\u73fe\u3002[6][1]\u69d3\u687f\u7522\u54c1\u65b9\u9762\uff0c\u622a\u81f3\u7d0415:23 HKT\uff0c2\u500d\u6052\u6307\u69d3\u687f\u7522\u54c1 7200 \u6700\u65b0\u5831\u50f9\u7d04 **5.39 \u6e2f\u5143**\uff0c\u8f03\u63a8\u7b97\u6628\u65e5\u6536\u5e02\u50f9\u7d04 **5.26 \u6e2f\u5143** \u4e0a\u5347\u7d04 **2.47%**\uff0c\u8207\u4eca\u65e5\u6052\u6307\u5411\u4e0a\u8d70\u52e2\u5927\u81f4\u4e00\u81f4\u4e26\u88ab\u653e\u5927\u3002 \u76f8\u53cd\uff0c2\u500d\u6052\u6307\u53cd\u5411\u7522\u54c1 7500 \u6700\u65b0\u5831\u50f9\u7d04 **1.81 \u6e2f\u5143**\uff0c\u8f03\u63a8\u7b97\u6628\u65e5\u7d04 **1.85 \u6e2f\u5143** \u4e0b\u8dcc\u7d04 **-2.48%**\uff0c\u53cd\u6620\u5728\u6307\u6578\u4e0a\u5347\u80cc\u666f\u4e0b\uff0c\u53cd\u5411ETF\u51fa\u73fe\u540c\u6b65\u4f46\u653e\u5927\u7684\u56de\u8abf\u3002[7][8][9]\u76ee\u524d\u53ef\u7528\u6578\u64da\u672a\u80fd\u63d0\u4f9b\u56b4\u683c\u610f\u7fa9\u4e0a\u7684\u6700\u8fd15\u500b\u4ea4\u6613\u65e5\u767e\u5206\u6bd4\u8b8a\u52d5\uff0c\u6545\u7121\u6cd5\u7d66\u51fa\u7cbe\u78ba5\u65e5\u56de\u5831\uff1b\u4e0d\u904e\u5f9e\u6052\u6307\u8fd1\u4e00\u500b\u6708\u7531\u4f4e\u4f4d\u53cd\u5f48\u53ca7200\u5728\u5176\u4ed6\u5e73\u53f0\u986f\u793a\u7684\u6309\u6708\u5347\u5e45\u4f86\u770b\uff0c\u6574\u9ad4\u8da8\u52e2\u4ecd\u504f\u5411\u6709\u5229\u591a\u982d\uff0c\u800c7500\u5728\u6b64\u524d\u6025\u5347\u5f8c\u8fd1\u9031\u9032\u5165\u8abf\u6574\u671f\u3002 \u5c0d\u77ed\u7dda\u4ea4\u6613\u8005\u800c\u8a00\uff0c\u7576\u524d\u74b0\u5883\u5c6c\u300c\u6307\u6578\u504f\u5f37\u3001\u6ce2\u52d5\u4ecd\u9ad8\u300d\u683c\u5c40\uff0c\u69d3\u687f\u53ca\u53cd\u5411\u7522\u54c1\u7684\u9694\u591c\u8207\u65e5\u5167\u98a8\u96aa\u9700\u7279\u5225\u7ba1\u7406\u3002[10][6]## \u8207\u9999\u6e2f\u606f\u606f\u76f8\u95dc\u7684\u5340\u57df\u8207\u4f01\u696d\u52d5\u5411\u5340\u5167\u65b9\u9762\uff0c\u5f37\u52c1\u7684\u96fb\u5b50\u53caAI\u76f8\u95dc\u7522\u54c1\u9700\u6c42\u4ee4\u4e9e\u6d32\u51fa\u53e3\u6301\u7e8c\u6539\u5584\uff0c\u6709\u5229\u900f\u904e\u9999\u6e2f\u9032\u884c\u8f49\u53e3\u53ca\u91d1\u878d\u670d\u52d9\u7684\u7522\u696d\u93c8\u4f01\u696d\uff0c\u653f\u5e9c\u4ea6\u9810\u671f\u76f8\u95dc\u9700\u6c42\u5c07\u7e7c\u7e8c\u652f\u63012026\u5e74\u8ca8\u7269\u53ca\u670d\u52d9\u51fa\u53e3\u589e\u9577\u3002 \u65c5\u904a\u8207\u8de8\u5883\u91d1\u878d\u6d3b\u52d5\u4fdd\u6301\u66a2\u65fa\uff0c\u4ee5\u53ca\u7a69\u5b9a\u7684\u52de\u5de5\u5e02\u5834\u8207\u6d88\u8cbb\u60c5\u7dd2\uff0c\u70ba\u9999\u6e2f\u7d93\u6fdf\u63d0\u4f9b\u9032\u4e00\u6b65\u652f\u6490\u3002[4][1]\u53e6\u5916\uff0c\u6709\u5831\u9053\u6307\u4e2d\u570b\u5feb\u6642\u5c1a\u5de8\u982dShein\u8a08\u5283\u6700\u5feb8\u6708\u5728\u9999\u6e2f\u4e0a\u5e02\uff0c\u64ec\u96c6\u8cc7\u7d0420\u5104\u81f330\u5104\u7f8e\u5143\uff0c\u986f\u793a\u5728\u6d77\u5916\u76e3\u7ba1\u58d3\u529b\u5347\u6eab\u4e0b\uff0c\u9999\u6e2f\u4ecd\u7136\u662f\u5167\u5730\u8207\u5168\u7403\u79d1\u6280\u53ca\u65b0\u7d93\u6fdf\u4f01\u696d\u91cd\u8981\u7684\u878d\u8cc7\u8207\u4e0a\u5e02\u5e73\u53f0\u3002 \u4e00\u65e6\u5927\u578bIPO\u843d\u5730\uff0c\u5c0d\u6e2f\u4ea4\u6240\u6210\u4ea4\u3001\u76f8\u95dc\u91d1\u878d\u80a1\u53ca\u672c\u5730\u65b0\u7d93\u6fdf\u677f\u584a\u5e02\u6cc1\u6709\u671b\u5e36\u4f86\u6b63\u9762\u50ac\u5316\u3002[11][1]## \u5168\u7403\u91cd\u5927\u653f\u6cbb\u8207\u5b89\u5168\u5c40\u52e2\u4e2d\u6771\u65b9\u9762\uff0c\u7f8e\u570b\u8207\u4f0a\u6717\u7dca\u5f35\u6025\u5287\u5347\u7d1a\uff0c\u7f8e\u570b\u7e3d\u7d71\u7279\u6717\u666e\u5ba3\u5e03\u6062\u5fa9\u5c0d\u4f0a\u6717\u6e2f\u53e3\u7684\u6d77\u4e0a\u5c01\u9396\uff0c\u4e26\u8a08\u5283\u5c0d\u6240\u6709\u901a\u904e\u8377\u59c6\u8332\u6d77\u5cfd\u7684\u6cb9\u8f2a\u8207\u8ca8\u8239\u5fb5\u6536\u7d0420%\u7684\u901a\u884c\u8cbb\uff0c\u540c\u6642\u7f8e\u8ecd\u6301\u7e8c\u5c0d\u4f0a\u6717\u5883\u5167\u8ecd\u4e8b\u76ee\u6a19\u9032\u884c\u7a7a\u8972\u3002 \u4f0a\u6717\u5247\u8072\u7a31\u653b\u64ca\u4e86\u5169\u8258\u6cb9\u8f2a\u53ca\u591a\u500b\u7f8e\u8ecd\u8a2d\u65bd\uff0c\u96d9\u65b9\u6b63\u63a5\u8fd1\u5168\u9762\u6230\u722d\u908a\u7de3\uff0c\u5e02\u5834\u5c0d\u6cb9\u50f9\u53ca\u901a\u8139\u518d\u5ea6\u4e0a\u884c\u7684\u6182\u616e\u5347\u6eab\uff0c\u4e9e\u592a\u80a1\u5e02\u548c\u8ca8\u5e63\u5c0d\u98a8\u96aa\u60c5\u7dd2\u6975\u70ba\u654f\u611f\u3002[12][2][11]\u4ee5\u5df4\u53ca\u9ece\u5df4\u5ae9\u5c40\u52e2\u4f9d\u7136\u52d5\u76ea\uff0c\u4ee5\u8272\u5217\u5c0d\u9ece\u5df4\u5ae9\u9996\u90fd\u8c9d\u9b6f\u7279\u5357\u90ca\u7684\u7a7a\u8972\u9020\u6210\u5e73\u6c11\u6b7b\u50b7\uff0c\u800c\u52a0\u6c99\u5730\u5e36\u5728\u540d\u7fa9\u300c\u505c\u706b\u300d\u5b89\u6392\u4e0b\u4ecd\u7136\u906d\u53d7\u6301\u7e8c\u6253\u64ca\uff0c\u6b7b\u4ea1\u4eba\u6578\u8207\u4eba\u9053\u5371\u6a5f\u6301\u7e8c\u60e1\u5316\u3002 \u4fc4\u70cf\u6230\u4e8b\u65b9\u9762\uff0c\u4fc4\u7f85\u65af\u5c0d\u70cf\u514b\u862d\u57ce\u5e02\u53ca\u6587\u5316\u907a\u5740\u7684\u5c0e\u5f48\u53ca\u7121\u4eba\u6a5f\u653b\u64ca\u9020\u6210\u591a\u4eba\u50b7\u4ea1\uff0c\u70cf\u65b9\u5247\u52a0\u5927\u5c0d\u4fc4\u5883\u5167\u5de5\u696d\u8a2d\u65bd\u7684\u7121\u4eba\u6a5f\u53cd\u64ca\uff0c\u4ee4\u6230\u4e8b\u6709\u5347\u7d1a\u98a8\u96aa\u3002[13][2]## \u5176\u4ed6\u5168\u7403\u65b0\u805e\u8207\u6587\u5316\u4e8b\u4ef6\u6c23\u5019\u8207\u74b0\u5883\u65b9\u9762\uff0c\u7f8e\u570b\u591a\u500b\u57ce\u5e02\u6b63\u9762\u81e8\u7834\u7d00\u9304\u9ad8\u6eab\uff0c\u6c23\u8c61\u90e8\u9580\u9810\u8a08\u672a\u4f86\u6578\u65e5\u5c07\u518d\u5275\u591a\u9805\u6975\u7aef\u9ad8\u6eab\u7d00\u9304\uff0c\u4e00\u9805\u7814\u7a76\u4ea6\u6307\u51fa\u82f1\u570b\u8fd1\u671f\u71b1\u6d6a\u5728\u77ed\u77ed\u5e7e\u5929\u5167\u5df2\u5c0e\u81f4\u903e\u5343\u4eba\u6b7b\u4ea1\uff0c\u7a81\u986f\u5168\u7403\u6696\u5316\u5c0d\u516c\u5171\u885e\u751f\u7684\u58d3\u529b\u3002 \u4e2d\u570b\u83ef\u5357\u65e9\u524d\u53d7\u98b1\u98a8\u8207\u66b4\u96e8\u5f15\u767c\u56b4\u91cd\u6c34\u707d\uff0c\u76f8\u95dc\u81ea\u7136\u707d\u5bb3\u540c\u6a23\u52a0\u5287\u5340\u5167\u57fa\u5efa\u53ca\u4fdd\u96aa\u98a8\u96aa\u3002[14][12]\u82f1\u570b\u65b9\u9762\uff0c\u524d\u653f\u754c\u4eba\u7269Ann Widdecombe\u9047\u5bb3\uff0c\u88ab\u8b66\u65b9\u5b9a\u6027\u70ba\u300c\u6709\u91dd\u5c0d\u6027\u8972\u64ca\u300d\uff0c\u6848\u4ef6\u5f15\u767c\u5c0d\u653f\u6cbb\u4eba\u7269\u5b89\u5168\u53ca\u6975\u7aef\u5316\u66b4\u529b\u7684\u95dc\u6ce8\u3002 \u5728\u5168\u7403\u6587\u5316\u8207\u5a92\u9ad4\u9818\u57df\uff0c\u7f8e\u570b\u53cd\u58df\u65b7\u90e8\u9580\u6700\u8fd1\u6279\u51c6\u5927\u578b\u5a92\u9ad4\u96c6\u5718\u4e4b\u9593\u7684\u8d85\u5927\u578b\u4f75\u8cfc\uff0c\u53ef\u80fd\u91cd\u5851\u5f71\u8996\u8207\u4e32\u6d41\u5e73\u53f0\u7248\u5716\uff0c\u4e5f\u5f15\u8d77\u5c0d\u65b0\u805e\u8207\u5a1b\u6a02\u591a\u5143\u6027\u7684\u722d\u8b70\u3002[15][13][2]*****\u5c0d\u4f60\u4f5c\u70ba\u77ed\u7dda\u4ea4\u6613\u8005\u7684\u555f\u793a\uff1a** \u76ee\u524d\u6700\u9700\u8981\u7559\u610f\u7684\u7a81\u767c\u98a8\u96aa\u662f\u7f8e\u4f0a\u5c40\u52e2\u53ca\u8377\u59c6\u8332\u6d77\u5cfd\u901a\u884c\u8cbb\u8207\u5c01\u9396\u5c0d\u6cb9\u50f9\u8207\u5168\u7403\u98a8\u96aa\u80c3\u7d0d\u7684\u5f71\u97ff\uff0c\u5176\u6b21\u662f\u5167\u5730\u8cc7\u672c\u7ba1\u5236\u8207\u9999\u6e2f\u6a13\u5e02\u53ca\u91d1\u878d\u4e2d\u4ecb\u696d\u52d9\u7684\u7d50\u69cb\u6027\u8b8a\u5316\u3002 \u5728\u6307\u6578\u53cd\u5f48\u3001\u6ce2\u52d5\u9ad8\u4f01\u7684\u74b0\u5883\u4e0b\uff0c\u4f7f\u75287200\u30017500\u7b49\u9ad8\u69d3\u687f\u7522\u54c1\u6642\u5b9c\u56b4\u63a7\u5009\u4f4d\u8207\u6301\u5009\u6642\u9593\uff0c\u4ee5\u9632\u7a81\u767c\u65b0\u805e\u5c0e\u81f4\u7684\u5927\u5e45gap\u6216\u6025\u901f\u53cd\u5411\u8d70\u52e2\u3002[5][2][11]<\/p>\n\n\n\n<p>\u7f8e\u570b\u7981\u6b62AI chips \u53bb\u4e2d\u570b\u9999\u6e2f,\u6578\u64da\u6709\u591a\u5c11\u6c34\u4f60\u7c21\u55ae\u8b1b\uff1a\u7f8e\u570b\u4e26\u4e0d\u662f\u300c\u5168\u9762\u7981\u6b62\u300dAI\u6676\u7247\u51fa\u53e3\u5230\u4e2d\u570b\u548c\u9999\u6e2f\uff0c\u800c\u662f\u5c0d\u4e2d\u570b\u53ca\u4e2d\u8cc7\u80cc\u666f\u4f01\u696d\uff08\u5305\u62ec\u5728\u9999\u6e2f\u7684\u5b50\u516c\u53f8\uff09\u5be6\u65bd\u56b4\u683c\u7ba1\u5236\u548c\u724c\u7167\u5be9\u6279\uff1b\u9019\u6703\u62d6\u6162\u90e8\u5206\u79d1\u4f01\u6295\u8cc7\u548c\u6578\u64da\u4e2d\u5fc3\u64f4\u5f35\uff0c\u4f46\u76ee\u524d\u770b\u4f86\uff0c\u9999\u6e2f\u6a13\u5e02\u7684\u300c\u6c34\u4efd\u300d\u4e3b\u8981\u4f86\u81ea\u5167\u5730\u8cc7\u91d1\u548c\u672c\u5730\u525b\u9700\uff0c\u800c\u4e0d\u662fAI\u6676\u7247\u51fa\u53e3\u672c\u8eab\uff0c\u6574\u9ad4\u4ecd\u5728\u5347\u52e2\u4e2d\u4f46\u9ad8\u7aef\u677f\u584a\u6c34\u6bd4\u8f03\u591a\u3002[1][2][3]## \u7f8e\u570bAI\u6676\u7247\u51fa\u53e3\u7ba1\u5236\u7684\u5be6\u969b\u60c5\u6cc1\u7f8e\u570b\u5546\u52d9\u90e8\u5de5\u696d\u8207\u5b89\u5168\u5c40\uff08BIS\uff09\u65e9\u524d\u5c07\u9ad8\u968eAI\u6676\u7247\u51fa\u53e3\u4e2d\u570b\u53ca\u9999\u6e2f\u7684\u653f\u7b56\uff0c\u5f9e\u300c\u539f\u5247\u4e0a\u62d2\u7d55\u300d\u6539\u70ba\u75311\u670815\u65e5\u8d77\u300c\u500b\u6848\u5be9\u6279\u300d\uff0c\u4f8b\u5982 Nvidia H200\u3001AMD MI325X \u7b49\uff0c\u53ea\u8981\u7b26\u5408\u4f9b\u61c9\u3001\u5b89\u5168\u53ca\u6e2c\u8a66\u7b49\u591a\u9805\u689d\u4ef6\uff0c\u7406\u8ad6\u4e0a\u53ef\u4ee5\u7372\u6279\u51fa\u53e3\u5230\u4e2d\u570b\u5167\u5730\u548c\u9999\u6e2f\u3002[2][4] \u9019\u4ee3\u8868\u4e26\u975e\u5b8c\u5168\u5c01\u6bba\uff0c\u800c\u662f\u63d0\u9ad8\u5408\u898f\u9580\u6abb\u53ca\u6210\u672c\uff0c\u91dd\u5c0d\u7684\u662f\u9ad8\u6027\u80fdAI\u7b97\u529b\uff0c\u800c\u4e0d\u662f\u6240\u6709\u4e00\u822c\u6676\u7247\u3002[5][2]\u4e0d\u904e\uff0c\u7f8e\u570b\u57285\u6708\u5e95\u53c8\u6536\u7dca\u4e86\u4e00\u500b\u300c\u6f0f\u6d1e\u300d\uff1a\u65b0\u6307\u5f15\u660e\u78ba\u8aaa\u660e\uff0c\u51e1\u662f\u7e3d\u90e8\u5728\u4e2d\u570b\u7684\u4f01\u696d\uff0c\u5373\u4f7f\u5176\u5b50\u516c\u53f8\u8a3b\u518a\u5728\u9999\u6e2f\u3001\u99ac\u4f86\u897f\u4e9e\u7b49\u5883\u5916\uff0c\u53ea\u8981\u5411\u9019\u4e9b\u5b50\u516c\u53f8\u51fa\u53e3\u9802\u7d1aAI\u6676\u7247\uff08\u4f8b\u5982 Nvidia \u65b0\u4e00\u4ee3 Blackwell \/ Rubin\u3001AMD MI350X\uff09\uff0c\u90fd\u8981\u8996\u4f5c\u5411\u300c\u4e2d\u570b\u5be6\u9ad4\u300d\u51fa\u53e3\uff0c\u9700\u724c\u7167\u4e14\u539f\u5247\u4e0a\u7981\u6b62\u3002[6][1] \u7522\u696d\u6d88\u606f\u4eba\u58eb\u4f30\u8a08\uff0c\u5728\u9019\u500b\u6f0f\u6d1e\u958b\u653e\u7684\u4e00\u5e74\u5167\uff0c\u53ef\u80fd\u5df2\u6709\u300c\u5e7e\u5341\u842c\u679a\u300d\u9ad8\u968e\u6676\u7247\u6d41\u5411\u4e2d\u570b\u76f8\u95dc\u4f01\u696d\uff0c\u56e0\u6b64\u83ef\u5e9c\u73fe\u5728\u88dc\u4e01\u6536\u7dca\u3002[1]\u7e3d\u7d50\u4e00\u4e0b\uff1a  &#8211; \u4e00\u822c\u6216\u7a0d\u4f4e\u968eAI\u6676\u7247\uff1a\u5728\u56b4\u683c\u689d\u4ef6\u4e0b\u53ef\u4ee5\u300c\u6709\u724c\u7167\u3001\u6709\u689d\u4ef6\u300d\u51fa\u53e3\u5230\u4e2d\u570b\u53ca\u9999\u6e2f\u3002  &#8211; \u9802\u7d1aGPU\uff08Blackwell \/ Rubin \u7b49\uff09\u53ca\u91dd\u5c0d\u4e2d\u570b\u7e3d\u90e8\u516c\u53f8\uff1a\u5be6\u52d9\u4e0a\u63a5\u8fd1\u7981\u6b62\uff0c\u5373\u4f7f\u516c\u53f8\u8a3b\u518a\u5728\u9999\u6e2f\u4e5f\u96e3\u4ee5\u76f4\u63a5\u53d6\u5f97\u3002[6][1][2]\u5c0d\u9999\u6e2f\u7684\u5be6\u969b\u5f71\u97ff\uff0c\u662f\u9650\u5236\u4e86\u4e2d\u8cc7\u96f2\u8a08\u7b97\u3001AI\u521d\u5275\u53ca\u90e8\u5206\u6578\u64da\u4e2d\u5fc3\u5728\u6e2f\u76f4\u63a5\u62ff\u5230\u6700\u65b0\u4e00\u4ee3\u7b97\u529b\u7684\u80fd\u529b\uff0c\u4ee4\u6295\u8cc7\u7bc0\u594f\u548c\u9810\u671f\u56de\u5831\u66f4\u4e0d\u78ba\u5b9a\uff0c\u4f46\u672a\u81f3\u65bc\u4ee4\u6574\u500b\u672c\u5730\u7d93\u6fdf\u9006\u8f49\u3002[6][2]## \u9019\u5c0d\u9999\u6e2f\u6a13\u5e02\u7684\u95dc\u806f\u6709\u591a\u5927\uff1f\u5f9e\u73fe\u6709\u7814\u7a76\u4f86\u770b\uff0c\u9999\u6e2f\u6a13\u5e02\u7684\u95dc\u9375\u9a45\u52d5\u56e0\u7d20\u4e3b\u8981\u662f\uff1a  &#8211; \u5167\u5730\u8cc7\u91d1\u53ca\u8cb7\u5bb6\uff08\u5c24\u5176\u8c6a\u5b85\u5e02\u5834\uff09\u3002  &#8211; \u672c\u5730\u53ca\u300c\u65b0\u9999\u6e2f\u4eba\u300d\u7684\u525b\u6027\u81ea\u4f4f\u9700\u6c42\u3002  &#8211; \u672c\u5730\u5229\u7387\u53ca\u5b8f\u89c0\u653f\u7b56\uff08\u4f8b\u5982\u64a4\u8fa3\u3001\u4eba\u624d\u8a08\u5283\uff09\u3002[7][3][8]**1. \u5167\u5730\u8cc7\u91d1\u7684\u5206\u91cf**\u6700\u65b0\u5730\u7522\u4ee3\u7406\u53ca\u5a92\u9ad4\u7d71\u8a08\u986f\u793a\uff1a  &#8211; 2026\u5e74\u9996\u5b63\u7d04 18,654\u5b97\u4f4f\u5b85\u6210\u4ea4\u4e2d\uff0c\u63a5\u8fd1 3,800\u20133,900\u5b97\u6d89\u53ca\u300c\u5167\u5730\u8cb7\u5bb6\u300d\uff0c\u7d04\u4f54\u5169\u6210\uff0c\u6309\u5e74\u589e\u5e45\u8d85\u904e 50%\u3002[7][3]- \u5167\u5730\u8cb7\u5bb6\u9996\u5b63\u5728\u6e2f\u7f6e\u696d\u958b\u652f\u7d04 430\u5104\u6e2f\u5143\uff0c\u5275\u6b77\u53f2\u540c\u671f\u65b0\u9ad8\uff0c\u5728\u6210\u4ea4\u50f9 1\u5104\u6e2f\u5143\u4ee5\u4e0a\u7684\u9802\u7d1a\u8c6a\u5b85\u4e2d\uff0c\u5167\u5730\u8cb7\u5bb6\u4f54\u6bd4\u5df2\u8d85\u904e\u4e00\u534a\u3002[3][9]\u4e2d\u570b\u8fd1\u671f\u5927\u5e45\u6536\u7dca\u8cc7\u91d1\u51fa\u5883\uff0c\u5305\u62ec\u5c01\u5835\u5730\u4e0b\u9322\u838a\u3001\u56b4\u67e5\u8de8\u5883\u5238\u5546\u3001\u4ee5\u53ca 7\u67081\u65e5\u751f\u6548\u7684\u65b0\u300a\u5c0d\u5916\u6295\u8cc7\u898f\u5b9a\u300b\uff0c\u5c07\u6d77\u5916\u7f6e\u696d\u548c\u6309\u63ed\u9084\u6b3e\u6392\u9664\u5728\u5408\u6cd5\u532f\u51fa\u7528\u9014\u4e4b\u5916\uff0c\u5be6\u969b\u4e0a\u662f\u5728\u300c\u64f0\u7dca\u6c34\u5589\u300d\uff0c\u964d\u4f4e\u9999\u6e2f\u6a13\u5e02\u5c0d\u5167\u5730\u5927\u984d\u8cc7\u91d1\u7684\u4f9d\u8cf4\u3002[7][3][10] \u9019\u90e8\u5206\u624d\u662f\u6a13\u5e02\u300c\u6c34\u300d\u6700\u5927\u7684\u4f86\u6e90\uff0c\u800c\u4e0d\u662fAI\u6676\u7247\u51fa\u53e3\u653f\u7b56\u672c\u8eab\u3002**2. \u525b\u9700\u677f\u584a vs \u8c6a\u5b85\u7684\u300c\u6c34\u4efd\u300d**\u591a\u9593\u6a5f\u69cb\u8207\u5730\u7522\u5e73\u53f0\u7684\u5206\u6790\u5927\u81f4\u4e00\u81f4\uff1a  &#8211; \u8c6a\u5b85\uff081\u5104\u4ee5\u4e0a\uff09\u677f\u584a\uff1a\u7531\u65bc\u9ad8\u5ea6\u4f9d\u8cf4\u5167\u5730\u5927\u984d\u8de8\u5883\u8cc7\u91d1\uff0c\u540c\u6642\u6e2f\u5e9c\u52a0\u91cd\u9ad8\u50f9\u7269\u696d\u5370\u82b1\u7a05\uff0c\u9810\u671f\u77ed\u671f\u53d7\u8cc7\u672c\u7ba1\u5236\u6253\u64ca\u6700\u5927\uff0c\u53bb\u8ca8\u901f\u5ea6\u548c\u50f9\u683c\u5f48\u6027\u9ad8\uff0c\u300c\u6c34\u300d\u76f8\u5c0d\u591a\u3002[7][3][10]- \u4e2d\u5c0f\u578b\u6c11\u751f\u4f4f\u5b85\uff1a\u300c\u65b0\u9999\u6e2f\u4eba\u300d\u53ca\u672c\u5730\u6253\u5de5\u4ed4\u70ba\u4e3b\u529b\uff0c\u8cc7\u91d1\u4f86\u6e90\u591a\u70ba\u672c\u5730\u6e2f\u5143\u6536\u5165\uff0c\u57fa\u672c\u4e0d\u53d7\u5167\u5730\u5916\u532f\u7ba1\u5236\u5f71\u97ff\uff0c\u6297\u8dcc\u529b\u8f03\u5f37\uff0c\u6c34\u4efd\u76f8\u5c0d\u6709\u9650\u3002[7][3][11]\u4f8b\u5982 CLSA \u4f30\u8a08\uff0c\u65b0\u7684\u5883\u5916\u6295\u8cc7\u76e3\u7ba1\u4ee4\u5c0d\u9999\u6e2f\u6574\u9ad4\u4f4f\u5b85\u9700\u6c42\u7684\u8ca0\u9762\u5f71\u97ff\u7d04 2\u20133%\uff0c\u800c\u5728\u5176\u57fa\u6e96\u60c5\u666f\u4e0b\uff0c\u9810\u671f\u9999\u6e2f\u4f4f\u5b85\u6a13\u50f9 2026\u5e74\u4ecd\u53ef\u5347\u7d04 12%\uff0c2027\u5e74\u5247\u653e\u7de9\u81f3\u7d04 5%\uff0c\u986f\u793a\u6a13\u5e02\u4ecd\u6709\u5347\u52e2\u4f46\u5347\u5e45\u8da8\u6b63\u5e38\u5316\u3002[11]## \u73fe\u5728\u6a13\u5e02\u5927\u6982\u6709\u591a\u5c11\u300c\u6c34\u300d\uff1f\u5f9e\u5e7e\u500b\u89d2\u5ea6\u53ef\u4ee5\u7406\u89e3\u4f60\u554f\u7684\u300c\u6c34\u300d\u6709\u591a\u6df1\uff1a  &#8211; **\u50f9\u4f4d\u8207\u6536\u5165\u812b\u7bc0**\uff1a\u904e\u53bb\u4e00\u5e74\uff0c\u5728\u64a4\u8fa3\u3001\u5167\u5730\u8cc7\u91d1\u56de\u6d41\u53ca\u958b\u767c\u5546\u50be\u5411\u300c\u6551\u5e02\u300d\u4e0b\uff0c\u90e8\u5206\u65b0\u76e4\u548c\u4e8c\u624b\u6a13\u50f9\u53cd\u5f48\u901f\u5ea6\u5feb\u904e\u672c\u5730\u5bb6\u5ead\u6536\u5165\u589e\u9577\uff0c\u4ee4\u81ea\u4f4f\u4e0a\u8eca\u96e3\u5ea6\u4ecd\u504f\u9ad8\uff0c\u8aaa\u660e\u50f9\u683c\u4e2d\u6709\u4e00\u5b9a\u653f\u7b56\u548c\u8cc7\u91d1\u63a8\u52d5\u7684\u6c34\u4efd\u3002[10][11]- **\u5c0d\u5167\u5730\u8cb7\u5bb6\u7684\u4f9d\u8cf4\u5ea6**\uff1a\u8c6a\u5b85\u53ca\u90e8\u5206\u65b0\u76e4\u92b7\u552e\u9ad8\u5ea6\u501a\u8cf4\u5167\u5730\u8cb7\u5bb6\uff0c\u9019\u4ee4\u5e02\u5834\u5c0d\u5167\u5730\u653f\u7b56\u3001\u5916\u532f\u914d\u984d\u3001\u4ee5\u53ca\u8de8\u5883\u5408\u898f\u98a8\u96aa\u975e\u5e38\u654f\u611f\uff0c\u9019\u7a2e\u7d50\u69cb\u672c\u8eab\u5c31\u662f\u300c\u6c34\u300d\u7684\u4f86\u6e90\uff0c\u56e0\u70ba\u4e00\u65e6\u653f\u7b56\u6536\u7dca\uff0c\u9700\u6c42\u53ef\u8fc5\u901f\u51b7\u537b\u3002[7][3][8]- **\u6295\u884c\u8207\u5206\u6790\u6a5f\u69cb\u7684\u770b\u6cd5**\uff1a\u9ad8\u76db\u53ca\u5176\u4ed6\u5927\u884c\u666e\u904d\u8a8d\u70ba\uff0c\u5167\u5730\u6536\u7dca\u8cc7\u672c\u5916\u6d41\u4e0d\u6703\u300c\u6253\u65b7\u300d\u9999\u6e2f\u6a13\u5e02\u7684\u6574\u9ad4\u5fa9\u7526\uff0c\u800c\u662f\u63a8\u52d5\u50f9\u683c\u56de\u6b78\u66f4\u8cbc\u8fd1\u672c\u5730\u81ea\u4f4f\u9700\u6c42\u53ef\u627f\u53d7\u7684\u6c34\u5e73\uff0c\u4e26\u5f62\u6210\u8c6a\u5b85\u53d7\u632b\u3001\u6c11\u751f\u525b\u9700\u6297\u8dcc\u7684\u300cK\u578b\u5206\u5316\u300d\u3002[7][3][8]\u6240\u4ee5\uff0c\u5982\u679c\u7528\u4ea4\u6613\u54e1\u8a9e\u8a00\u4f86\u5f62\u5bb9\uff1a  &#8211; **\u8c6a\u5b85\u677f\u584a**\uff1abeta \u9ad8\u3001\u653f\u7b56\u654f\u611f\u5ea6\u9ad8\uff0c\u6c34\u76f8\u5c0d\u591a\uff0c\u73fe\u5728\u6b63\u88ab\u8cc7\u672c\u7ba1\u5236\u548c\u66f4\u56b4\u76e3\u7ba1\u300c\u62bd\u6c34\u300d\u3002  &#8211; **\u525b\u9700\u4f4f\u5b85**\uff1a\u7531\u672c\u5730\u53ca\u65b0\u9999\u6e2f\u4eba\u7684\u4f4f\u5c4b\u9700\u6c42\u6258\u5e95\uff0c\u6c34\u4e0d\u7b97\u591a\uff0c\u76ee\u524d\u5c6c\u504f\u57fa\u672c\u9762\u9a45\u52d5\u7684\u5347\u52e2\uff0c\u9664\u975e\u672c\u5730\u7d93\u6fdf\u6216\u5c31\u696d\u51fa\u73fe\u660e\u986f\u9006\u8f49\u3002[12][7][11]## AI\u6676\u7247\u51fa\u53e3\u9650\u5236\u5728\u300c\u6a13\u5e02\u6c34\u4f4d\u300d\u4e2d\u7684\u89d2\u8272\u7f8e\u570b\u5c0dAI\u6676\u7247\u7684\u7ba1\u5236\u4e3b\u8981\u5f71\u97ff\uff1a  &#8211; \u4e2d\u8cc7\u53ca\u5728\u6e2f\u71df\u904b\u7684AI \/ \u96f2\u8a08\u7b97 \/ \u5927\u6578\u64da\u4f01\u696d\u6295\u8cc7\u7bc0\u594f\u8207\u589e\u9577\u524d\u666f\u3002  &#8211; \u90e8\u5206\u8207\u6578\u64da\u4e2d\u5fc3\u3001\u4f3a\u670d\u5668\u3001GPU\u4f9b\u61c9\u93c8\u76f8\u95dc\u7684\u6e2f\u80a1\u516c\u53f8\u76c8\u5229\u9810\u671f\u548c\u4f30\u503c\u3002  &#8211; \u9032\u4e00\u6b65\u52a0\u6df1\u4e2d\u7f8e\u79d1\u6280\u812b\u9264\u8207\u5730\u7de3\u653f\u6cbb\u98a8\u96aa\u6ea2\u50f9\u3002[6][1][13][14]\u9019\u4e9b\u56e0\u7d20\u5c0d\u6a13\u5e02\u7684\u50b3\u5c0e\u8def\u5f91\uff0c\u662f\u900f\u904e\uff1a  &#8211; \u79d1\u6280\u53ca\u91d1\u878d\u76f8\u95dc\u5f9e\u696d\u54e1\u7684\u6536\u5165\u8207\u80a1\u7968\u8ca1\u5bcc\u6548\u61c9\u3002  &#8211; \u9999\u6e2f\u4f5c\u70ba\u5340\u57df\u96f2\u8a08\u7b97\u3001AI\u6578\u64da\u4e2d\u5fc3\u6a1e\u7d10\u7684\u4e2d\u9577\u671f\u5b9a\u4f4d\u3002\u4f46\u76f8\u6bd4\u4e4b\u4e0b\uff0c**\u76f4\u63a5\u6c7a\u5b9a\u6a13\u5e02\u6c34\u4f4d\u7684\uff0c\u4ecd\u7136\u662f\u5167\u5730\u8cc7\u91d1\u7ba1\u9053\u3001\u5916\u532f\u914d\u984d\u653f\u7b56\uff0c\u4ee5\u53ca\u672c\u5730\u5229\u7387\u8207\u653f\u7b56\uff08\u64a4\u8fa3\u3001\u4eba\u624d\u8a08\u5283\u7b49\uff09**\u3002[7][8][3] AI\u6676\u7247\u51fa\u53e3\u9650\u5236\u662f\u7d50\u69cb\u6027\u9006\u98a8\u7684\u4e00\u90e8\u5206\uff0c\u4f46\u4e0d\u662f\u76ee\u524d\u6700\u6838\u5fc3\u7684\u90a3\u689d\u6c34\u5589\u3002***\u5982\u679c\u7528\u4e00\u53e5\u8a71\u5e6b\u4f60\u505a trading-level \u5b9a\u6027\uff1a  > \u73fe\u968e\u6bb5\u6a13\u5e02\u7684\u6c34\u4e3b\u8981\u5728\u5167\u5730\u8cc7\u91d1\u63a8\u9ad8\u8c6a\u5b85\u548c\u90e8\u5206\u65b0\u76e4\uff0c\u9019\u90e8\u5206\u6b63\u88ab\u5317\u4eac\u6536\u7dca\u8cc7\u672c\u7ba1\u5236\u300c\u62bd\u6c34\u300d\uff1b\u7f8e\u570b AI \u6676\u7247\u7981\u904b\uff08\u5be6\u969b\u662f\u56b4\u7ba1\u800c\u975e\u5168\u7981\uff09\u5c0d\u9999\u6e2f\u6a13\u5e02\u7684\u5f71\u97ff\u662f\u9593\u63a5\u4e14\u6b21\u8981\uff0c\u66f4\u503c\u5f97\u4f60\u76ef\u7dca\u7684\u662f\u5167\u5730\u51fa\u5883\u8cc7\u91d1\u65b0\u898f\u548c\u672c\u5730\u525b\u9700\u7684\u97cc\u6027\u3002 [7][2][3]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u9999\u6e2f\u7d93\u6fdf\u5728\u5f37\u52c1\u51fa\u53e3\u8207\u670d\u52d9\u696d\u5e36\u52d5\u4e0b\u7dad\u6301\u5fa9\u7526\uff0c\u6052\u6307\u504f\u5f37\uff0c2\u500d\u69d3\u687fETF 7200 \u4e0a\u5347\u30012\u500d\u53cd\u5411ETF 7500  [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-782","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"http:\/\/www.cyber3hk.com\/wordpress\/index.php?rest_route=\/wp\/v2\/posts\/782","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.cyber3hk.com\/wordpress\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.cyber3hk.com\/wordpress\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.cyber3hk.com\/wordpress\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.cyber3hk.com\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=782"}],"version-history":[{"count":1,"href":"http:\/\/www.cyber3hk.com\/wordpress\/index.php?rest_route=\/wp\/v2\/posts\/782\/revisions"}],"predecessor-version":[{"id":784,"href":"http:\/\/www.cyber3hk.com\/wordpress\/index.php?rest_route=\/wp\/v2\/posts\/782\/revisions\/784"}],"wp:attachment":[{"href":"http:\/\/www.cyber3hk.com\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=782"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.cyber3hk.com\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=782"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.cyber3hk.com\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=782"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}