{"id":6023,"date":"2022-06-25T12:22:35","date_gmt":"2022-06-25T04:22:35","guid":{"rendered":"https:\/\/richiok.com\/?p=6023"},"modified":"2022-06-25T19:43:45","modified_gmt":"2022-06-25T11:43:45","slug":"preferred-stock","status":"publish","type":"post","link":"https:\/\/richiok.com\/preferred-stock\/","title":{"rendered":"\u4ec0\u9ebc\u662f\u7279\u5225\u80a1(\u512a\u5148\u80a1)\uff1f\u5e36\u4f60\u4e09\u5206\u9418\u8a8d\u8b58\u7279\u5225\u80a1"},"content":{"rendered":"\n<p style=\"font-size:18px\">\u7279\u5225\u80a1\u53c8\u7a31\u70ba\u300c\u512a\u5148\u80a1\u300d\uff0c\u5373\u76f8\u5c0d\u666e\u901a\u80a1\u800c\u8a00\uff0c\u512a\u5148\u80a1\u5728\u300c\u80a1\u5229\u5206\u914d\u300d\u53ca\u300c\u5269\u9918\u8ca1\u7523\u5206\u914d\u300d\u7684\u6b0a\u5229\uff0c\u512a\u5148\u65bc\u666e\u901a\u80a1\u3002\u512a\u5148\u80a1\u7684\u6bcf\u80a1\u9762\u984d\u70ba25\u7f8e\u5143\uff0c\u5927\u90fd\u63a1\u5b63\u914d\u606f\u6a5f\u5236\u3002\u56e0\u70ba\u7279\u5225\u80a1\u7684\u767c\u884c\u516c\u53f8\u5728\u5230\u671f\u65e5\u3001\u6216\u662f\u4e3b\u52d5\u8cb7\u56de\u6642\uff0c\u9700\u7b49\u540c\u65bc\u767c\u884c\u9762\u984d\uff0c\u5c0d\u6295\u8cc7\u4eba\u8f03\u5177\u4fdd\u969c\uff0c\u6240\u4ee5\u7279\u5225\u80a1\u7684\u80a1\u50f9\u6ce2\u52d5\u5e45\u5ea6\uff0c\u6703\u5c0f\u65bc\u666e\u901a\u80a1\u3002<\/p>\n\n\n\n<p style=\"font-size:18px\"><a href=\"https:\/\/richiok.com\/%e5%85%8d%e8%b2%ac%e8%81%b2%e6%98%8e\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u514d\u8cac\u8072\u660e<\/a><\/p>\n\n\n\n<h1 class=\"wp-block-heading\"><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-luminous-vivid-orange-color\"><strong>\u7279\u5225\u80a1\u4ecb\u7d39<\/strong><\/mark><\/h1>\n\n\n\n<p style=\"font-size:18px\">\u300c\u7279\u5225\u80a1\u300d\u53c8\u7a31\u70ba\u300c\u512a\u5148\u80a1\u300d\uff0c\u540c\u6642\u5177\u6709\u300c\u50b5\u5238\u300d\u8207\u300c\u80a1\u7968\u300d\u7684\u7279\u6027\u3002<\/p>\n\n\n\n<p style=\"font-size:18px\">\u7279\u5225\u80a1<strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-red-color\">\u6709\u5982\u50b5\u5238<\/mark>\uff1a<\/strong><br><strong>\u53ef\u56fa\u5b9a\u914d\u767c\u6536\u76ca\u3001\u4e26\u5177\u6709\u5230\u671f\u65e5\u3002\u767c\u884c\u6a5f\u69cb\u6703\u65bc\u5230\u671f\u65e5\u57f7\u884c\u8cb7\u56de\u3001\u6216\u4f9d\u7576\u521d\u767c\u884c\u689d\u4ef6\u8a2d\u5b9a\uff0c\u4f9d\u767c\u884c\u9762\u984d\u63d0\u524d\u884c\u4f7f\u8d16\u56de\u6b0a\u3002<\/strong><\/p>\n\n\n\n<p style=\"font-size:18px\">\u7279\u5225\u80a1\u53c8<strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-red-color\">\u6709\u5982\u80a1\u7968<\/mark>\uff1a\u4eab\u6709\u7684\u4ea4\u6613\u7684\u65b9\u4fbf\u8207\u6d41\u52d5\u6027<\/strong>\u3002<\/p>\n\n\n\n<script async=\"\" src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-5656441798836688\" crossorigin=\"anonymous\"><\/script>\n<ins class=\"adsbygoogle\" style=\"display:block\" data-ad-format=\"fluid\" data-ad-layout-key=\"-73+ed+2i-1n-4w\" data-ad-client=\"ca-pub-5656441798836688\" data-ad-slot=\"1355644193\"><\/ins>\n<script>\n     (adsbygoogle = window.adsbygoogle || []).push({});\n<\/script>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" style=\"font-size:18px\"><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-luminous-vivid-orange-color\">\u7279\u5225\u80a1\u914d\u606f\u9806\u4f4d<\/mark><\/strong><\/h2>\n\n\n\n<p style=\"font-size:18px\">\u7279\u5225\u80a1\u7684\u914d\u606f\u9806\u4f4d\uff0c\u8f03\u666e\u901a\u80a1(\u5927\u5bb6\u6bcf\u65e5\u4ea4\u6613\u7684\u80a1\u7968)\u512a\u5148\u3002<\/p>\n\n\n\n<p style=\"font-size:18px\">\u914d\u606f\u9806\u4f4d\u4f9d\u5e8f\u70ba \uff1a<br>1\u3001\u50b5\u5238<br><strong>2\u3001\u7279\u5225\u80a1<\/strong><br>3\u3001\u666e\u901a\u80a1\u3002<\/p>\n\n\n\n<p style=\"font-size:18px\">\u4e5f\u5c31\u662f\u8aaa\uff0c\u5982\u679c<mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-black-color\">\u516c\u53f8\u8cfa\u9322\uff1a<\/mark><br><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-black-color\">1\u3001\u8981\u5148\u652f\u4ed8\u50b5\u5238\u5229\u606f<\/mark><br><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-black-color\">2\u3001\u518d\u652f\u4ed8\u7279\u5225\u80a1\u80a1\u606f<\/mark><\/strong><br><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-black-color\">3\u3001\u6700\u5f8c\u518d\u5206\u914d\u7d93\u71df\u5229\u6f64\uff0c\u914d\u767c\u80a1\u606f\u7d66\u666e\u901a\u80a1\u80a1\u6771<\/mark><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" style=\"font-size:18px\"><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-luminous-vivid-orange-color\">\u7279\u5225\u80a1\u6c42\u511f\u9806\u4f4d<\/mark><\/strong><\/h2>\n\n\n\n<p style=\"font-size:18px\">\u7279\u5225\u80a1\u7684\u6c42\u511f\u9806\u4f4d\uff0c\u4ea6\u8f03\u666e\u901a\u80a1\u512a\u5148\u3002<\/p>\n\n\n\n<p style=\"font-size:18px\">\u6c42\u511f\u9806\u4f4d\u4f9d\u5e8f\u70ba\uff1a<br>1\u3001\u50b5\u5238<br><strong>2\u3001\u7279\u5225\u80a1<\/strong><br>3\u3001\u666e\u901a\u80a1<\/p>\n\n\n\n<p style=\"font-size:18px\">\u4e5f\u5c31\u662f\u8aaa\uff0c<mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-black-color\">\u516c\u53f8\u82e5\u8981\u5012\u9589\u6e05\u7b97\uff1a<\/mark><br><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-black-color\">1\u3001\u5148\u8981\u511f\u9084\u50b5\u6b0a\u4eba\u501f\u6b3e<\/mark><br><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-black-color\"><strong>2\u3001\u9918\u6b3e\u518d\u511f\u9084\u7279\u5225\u80a1\u80a1\u6771<\/strong><\/mark><br><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-black-color\">3\u3001\u6700\u5f8c\u9918\u6b3e\u518d\u5206\u914d\u7d66\u666e\u901a\u80a1\u80a1\u6771\u3002 <\/mark><\/p>\n\n\n\n<p style=\"font-size:18px\"><strong>\u8cb7\u56de\u6642\u6703\u4f9d\u767c\u884c\u50f9\u683c\u8d16\u56de(\u901a\u5e38\u70ba\u9762\u984d25\u5143)\uff0c\u6545\u5177\u6709\u8d16\u56de\u50f9\u683c\u7684\u4fdd\u8b49\u6a5f\u5236\u3002<\/strong><\/p>\n\n\n\n<p style=\"font-size:18px\">\u7d9c\u4e0a\u6240\u8ff0\u53ef\u898b\uff0c\u4e00\u822c\u4f86\u8aaa\u540c\u4e00\u5bb6\u767c\u884c\u6a5f\u69cb\uff0c\u5176\u7279\u5225\u80a1\u80a1\u6771\u3001\u76f8\u8f03\u666e\u901a\u80a1\u80a1\u6771\u66f4\u5177\u4fdd\u969c\uff1b\u6545\u7279\u5225\u80a1\u7684\u80a1\u50f9\u6ce2\u52d5\uff0c\u4e5f\u6703\u8f03\u666e\u901a\u80a1\u4f86\u5f97\u7a69\u5b9a\u3002\u53ea\u662f\uff0c\u901a\u5e38\u7279\u5225\u80a1\u7684\u80a1\u6771\u5728\u80a1\u6771\u6703\u8b70\u4e0a\uff0c\u4e0d\u5177\u8b70\u6848\u6295\u7968\u8868\u6c7a\u6b0a\u3002<\/p>\n\n\n\n<script async=\"\" src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-5656441798836688\" crossorigin=\"anonymous\"><\/script>\n<ins class=\"adsbygoogle\" style=\"display:block\" data-ad-format=\"fluid\" data-ad-layout-key=\"-73+ed+2i-1n-4w\" data-ad-client=\"ca-pub-5656441798836688\" data-ad-slot=\"1355644193\"><\/ins>\n<script>\n     (adsbygoogle = window.adsbygoogle || []).push({});\n<\/script>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p style=\"font-size:18px\"><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-red-color\">\u7279\u5225\u80a1\u53c8\u53ef\u4f9d\u767c\u884c\u689d\u4ef6\uff0c\u5340\u5206\u70ba\u4e0d\u540c\u985e\u578b\uff1a<\/mark><\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" style=\"font-size:18px\"><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-luminous-vivid-orange-color\">\u7d2f\u7a4d\u578bVS\u975e\u7d2f\u7a4d\u578b<\/mark><\/strong><\/h2>\n\n\n\n<p style=\"font-size:18px\"><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-black-color\">\u7d2f\u7a4d\u578b\u7279\u5225\u80a1<\/mark>&nbsp;(Cumulative Preferred Stock)<\/strong>\uff1a<br>\u6307\u767c\u884c\u6a5f\u69cb\u5728\u67d0\u4e00\u5e74\u5ea6\uff0c\u76c8\u9918\u4e0d\u8db3\u5206\u6d3e\u7d04\u5b9a\u80a1\u5229\u6642\uff0c\u9700\u7559\u5f85\u672a\u4f86\u6709\u76c8\u9918\u6642\u518d\u884c\u88dc\u767c\u914d\u3002\u4ea6\u5373<strong>\u300c\u6b20\u7684\u8981\u9084\u300d<\/strong>\u3002<\/p>\n\n\n\n<p style=\"font-size:18px\"><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-black-color\">\u975e\u7d2f\u7a4d\u578b\u7279\u5225\u80a1<strong>(Non-cumulative Preferred Stock)<\/strong>\uff1a<\/mark><\/strong><br>\u6307\u767c\u884c\u6a5f\u69cb\u5728\u67d0\u4e00\u5e74\u5ea6\uff0c\u76c8\u9918\u4e0d\u8db3\u5206\u6d3e\u7d04\u5b9a\u80a1\u5229\u6642\uff0c\u767c\u884c\u6a5f\u69cb\u7576\u5e74\u5ea6\u505c\u6b62\u914d\u606f\uff0c\u4e14\u4e0d\u9700\u7d2f\u7a4d\u81f3\u672a\u4f86\u518d\u884c\u88dc\u914d\u3002\u4ea6\u5373<strong>\u300c\u6b20\u7684\u514d\u9084\u300d<\/strong>\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" style=\"font-size:18px\"><strong><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-luminous-vivid-orange-color\">\u914d\u80a1\u5229\u578bVS\u914d\u5229\u606f\u578b<\/mark><\/strong><\/strong><\/h2>\n\n\n\n<p style=\"font-size:18px\"><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-black-color\">\u914d\u80a1\u5229\u578b(Dividend)\uff1a<\/mark><\/strong><br>\u70ba\u80a1\u7968\u985e\u578b\u7684\u7279\u5225\u80a1\uff0c\u5176\u914d\u606f\u5982\u540c\u7f8e\u570b\u500b\u80a1\u652f\u4ed8\u80a1\u606f<mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-black-color\">Dividend<\/mark>\u4e00\u6a23\uff0c\u53f0\u7063\u6295\u8cc7\u4eba\u6703\u88ab\u9810\u8ab230%\u7684\u7a05\u3002<\/p>\n\n\n\n<p style=\"font-size:18px\"><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-black-color\">\u914d\u5229\u606f\u578b(Interest)\uff1a<\/mark><\/strong><br>\u70ba\u50b5\u5238\u985e\u578b\u7684\u7279\u5225\u80a1\uff0c\u5373\u4ea4\u6613\u6240\u4ea4\u6613\u50b5\u5238ETD(Exchange Traded Debt)\uff0c\u5176\u914d\u606f\u5177\u5f37\u5236\u6027\u3001\u4e14\u662f\u4ee5\u5229\u606f<mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-black-color\">Interest<\/mark>\u578b\u614b\u652f\u4ed8\uff0c\u4e0d\u6703\u9810\u8ab2\u7a05\u3002<strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-black-color\"><a href=\"https:\/\/richiok.com\/blog-00717\/\" data-type=\"post\" data-id=\"2621\" target=\"_blank\" rel=\"noreferrer noopener\">00717<\/a>\u6709\u6295\u8cc7\u65bc\u6b64\u985e\u578b\u7684\u7279\u5225\u80a1\u3002<\/mark><\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" style=\"font-size:18px\"><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-luminous-vivid-orange-color\">\u6c38\u7e8c\u578bVS\u975e\u6c38\u7e8c\u578b<\/mark><\/strong><\/h2>\n\n\n\n<p style=\"font-size:18px\"><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-black-color\">\u6c38\u7e8c\u7279\u5225\u80a1<strong>(Perpetual Preferred Stock)<\/strong>\uff1a<\/mark><\/strong><br>\u8207\u6c38\u7e8c\u50b5\u5238\u76f8\u7576\u985e\u4f3c\u3002\u6b64\u985e\u7279\u5225\u80a1\u6307\u6c92\u6709\u5230\u671f\u65e5\u3001\u4ee5\u53ca\u6c92\u6709\u53ef\u8f49\u63db\u3001\u53ef\u8cb7\u56de\u7b49\u505c\u6b62\u5b58\u7e8c\u6a5f\u5236\u7684\u7279\u5225\u80a1\u3002<\/p>\n\n\n\n<p style=\"font-size:18px\"><mark style=\"background-color: rgba(0, 0, 0, 0);\" class=\"has-inline-color has-black-color\"><b>\u975e\u6c38\u7e8c\u7279\u5225\u80a1<strong>(Non-perpetual Preferred Stock)<\/strong>\uff1a<\/b><\/mark><br>\u8207\u4e00\u822c\u50b5\u5238\u985e\u985e\u4f3c\uff0c\u6709\u56fa\u5b9a\u7684\u5230\u671f\u65e5\u7684\u7279\u5225\u80a1\u3002\u6642\u9593\u5230\u671f\u4e86\uff0c\u767c\u884c\u6a5f\u69cb\u5c31\u5fc5\u9700\u6309\u7576\u521d\u767c\u884c\u7684\u9762\u984d\uff0c\u8fd4\u9084\u7d66\u7279\u5225\u80a1\u7684\u6295\u8cc7\u4eba\u3002<\/p>\n\n\n\n<p style=\"font-size:18px\">\u4ee5\u4e0a\u4e0d\u7ba1\u662f\u6c38\u7e8c\u578b\u6216\u662f\u975e\u6c38\u7e8c\u578b\u7684\u7279\u5225\u80a1\uff0c\u767c\u884c\u4f01\u696d\u901a\u5e38\u90fd\u6703\u64c1\u6709\u4e3b\u52d5\u300c\u53ec\u56de\u6b0a\u300d<strong>(Callable)<\/strong>\uff0c\u4f01\u696d\u53ef\u8996\u72c0\u6cc1\u5411\u6295\u8cc7\u4eba\u767c\u52d5\u4f9d\u9762\u984d\u4f86call\u56de(\u6bcf\u80a1\u9762\u984d25\u5143)\u3002\u7576\u5916\u90e8\u5229\u7387\u689d\u4ef6\u767c\u751f\u8f03\u5927\u8b8a\u5316\uff0c\u6216\u662f\u4f01\u696d\u6709\u8cc7\u672c\u6216\u7a05\u52d9\u8003\u91cf\u7b49\u56e0\u7d20\uff0c\u624d\u6703\u57f7\u884c\u53ec\u56de\u6b0a\u3002<\/p>\n\n\n\n<script async=\"\" src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-5656441798836688\" crossorigin=\"anonymous\"><\/script>\n<ins class=\"adsbygoogle\" style=\"display:block\" data-ad-format=\"fluid\" data-ad-layout-key=\"-73+ed+2i-1n-4w\" data-ad-client=\"ca-pub-5656441798836688\" data-ad-slot=\"1355644193\"><\/ins>\n<script>\n     (adsbygoogle = window.adsbygoogle || []).push({});\n<\/script>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" style=\"font-size:18px\"><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-luminous-vivid-orange-color\">\u53ef\u8f49\u63dbVS\u4e0d\u53ef\u8f49\u63db<\/mark><\/strong><\/h2>\n\n\n\n<p style=\"font-size:18px\"><strong>\u53ef\u8f49\u63db\u7279\u5225\u80a1 (Convertible Preferred Stock)<\/strong>\uff1a<br>\u53ef\u8f49\u63db\u70ba\u666e\u901a\u80a1\uff0c\u53ef\u8f49\u63db\u70ba\u666e\u901a\u80a1\u7684\u6bd4\u4f8b\u3001\u6216\u53ef\u8f49\u63db\u6642\u9593\u9650\u5236(ex\u9700\u767c\u884c\u6eff3\u5e74)\uff0c\u6703\u4e8b\u5148\u7d04\u5b9a\u65bc\u767c\u884c\u689d\u4ef6\u4e2d\u3002\u624d\u80fd\u8f49\u63db\u70ba\u666e\u901a\u80a1\u3002\u7576\u666e\u901a\u80a1\u80a1\u50f9\u885d\u9ad8\u6642\uff0c\u53ef\u8f49\u63db\u7279\u5225\u80a1\u82e5\u884c\u4f7f\u8f49\u63db\u6b0a\u5229\uff0c\u5373\u53ef\u8cfa\u53d6\u50f9\u5dee\u7372\u5229\u3002<\/p>\n\n\n\n<p style=\"font-size:18px\"><strong>\u4e0d\u53ef\u8f49\u63db\u7279\u5225\u80a1(Non-convertible Preferred Stock)<\/strong>\uff1a\u7121\u8f49\u63db\u666e\u901a\u80a1\u7684\u898f\u5b9a\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" style=\"font-size:18px\"><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-luminous-vivid-orange-color\"><strong>\u53ef\u53c3\u52a0VS\u4e0d\u53ef\u53c3\u52a0<\/strong><\/mark><\/h2>\n\n\n\n<p style=\"font-size:18px\"><strong>\u53ef\u53c3\u52a0\u7279\u5225\u80a1 (Participating Preferred Stock)<\/strong>\uff1a<br>\u9664\u4e86\u7279\u5225\u80a1\u80a1\u5229\uff0c\u4e5f\u5177\u6709\u53c3\u52a0\u666e\u901a\u80a1\u7684\u80a1\u5229\u5206\u914d\u7684\u6b0a\u5229\u3002\u6b64\u985e\u7279\u5225\u80a1\u53ef\u4ee5\u5206\u4eab\u5230\u4f01\u696d\u7372\u5229\u7684\u6210\u9577\u679c\u5be6\u3002<\/p>\n\n\n\n<p style=\"font-size:18px\"><strong>\u4e0d\u53ef\u53c3\u52a0\u7279\u5225\u80a1 (Non-participating Preferred Stock)<\/strong>\uff1a<br>\u5927\u90e8\u5206\u7279\u5225\u80a1\u7686\u5c6c\u6b64\u985e\uff0c\u4e0d\u53ef\u53c3\u52a0\u666e\u901a\u80a1\u7684\u80a1\u5229\u5206\u914d\u6b0a\u5229\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" style=\"font-size:18px\"><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-luminous-vivid-orange-color\">\u7279\u5225\u80a1\u6295\u8cc7\u5546\u54c1<\/mark><\/strong><\/h2>\n\n\n\n<p style=\"font-size:18px\">\u5340\u5206\u70ba\u56db\u985e\u76f8\u95dc\u6295\u8cc7\u5546\u54c1\uff1a<\/p>\n\n\n\n<p class=\"has-pale-cyan-blue-background-color has-background\" style=\"font-size:18px\"><strong>\u570b\u5167\u4e3b\u52d5\u578b\u7279\u5225\u80a1\u57fa\u91d1<\/strong><\/p>\n\n\n\n<p style=\"font-size:18px\"><strong>\u8cbb\u7528\u8f03\u8cb4\uff1b\u4f46\u53ef\u63a1\u7d2f\u7a4d\u6216\u6708\u914d\u606f\u6a5f\u5236\u3001\u4ea6\u6709\u53f0\u5e63\u3001\u7f8e\u5143\u3001\u4eba\u6c11\u5e63\u3001\u6fb3\u5e63\u3001\u5357\u975e\u5e63\u7b49\u591a\u5143\u5e63\u5225\u53ef\u4ee5\u6295\u8cc7\u3002<\/strong><\/p>\n\n\n\n<p style=\"font-size:18px\">\u76f8\u95dc\u7279\u5225\u80a1\u57fa\u91d1\u6a19\u7684\uff1a\u5b8f\u5229\u7279\u5225\u80a1\u606f\u6536\u76ca\u57fa\u91d1\u3001\u5408\u5eab\u6a19\u666e\u5229\u8b8a\u7279\u5225\u80a1\u6536\u76ca\u6307\u6578\u57fa\u91d1\u3001\u67cf\u745e\u7279\u5225\u80a1\u606f\u6536\u76ca\u57fa\u91d1\u3001\u5bcc\u862d\u514b\u6797\u83ef\u7f8e\u7279\u5225\u80a1\u6536\u76ca\u57fa\u91d1\u3001\u65b0\u5149\u5168\u7403\u7279\u5225\u80a1\u6536\u76ca\u57fa\u91d1\u3001\u7fa4\u76ca\u5168\u7403\u7279\u5225\u80a1\u6536\u76ca\u57fa\u91d1\u3002<\/p>\n\n\n\n<p class=\"has-pale-cyan-blue-background-color has-background\" style=\"font-size:18px\"><strong>\u570b\u5167\u88ab\u52d5\u578b\u7279\u5225\u80a1ETF<\/strong><\/p>\n\n\n\n<p style=\"font-size:18px\"><strong>\u8cbb\u7528\u6bd4\u7387\u4ecb\u65bc\u570b\u5167\u4e3b\u52d5\u578b\u57fa\u91d1\u8207PFF\u4e4b\u9593\uff0c\u63a1\u5b63\u914d\u606f\u6a5f\u5236\u3002<\/strong><\/p>\n\n\n\n<p style=\"font-size:18px\">\u570b\u5167\u76f8\u95dcETF\uff1a\u4fe1\u8a55\u8f03\u9ad8\uff1a<a href=\"https:\/\/richiok.com\/blog-00717\/\" target=\"_blank\" data-type=\"post\" data-id=\"2621\" rel=\"noreferrer noopener\">00717\u5bcc\u90a6\u6a19\u666e\u7f8e\u570b\u7279\u5225\u80a1ETF<\/a>\u3002\u4fe1\u8a55\u8f03\u4f4e\uff1a00771\u5143\u5927\u6a19\u666e\u7f8e\u570b\u9ad8\u606f\u7279\u5225\u80a1ETF\u3002<\/p>\n\n\n\n<p class=\"has-pale-cyan-blue-background-color has-background\" style=\"font-size:18px\"><strong>\u6d77\u5916\u88ab\u52d5\u578b\u7279\u5225\u80a1ETF<\/strong><\/p>\n\n\n\n<p style=\"font-size:18px\"><strong>\u8cbb\u7528\u6bd4\u7387\u76f8\u5c0d\u4e0a\u8ff0\u6700\u4f4e\uff0c\u63a1\u6708\u914d\u606f\u6a5f\u5236\uff0c\u9700\u8981\u6ce8\u610f\u80a1\u5229\u6703\u76f4\u63a5\u9810\u626330%\u80a1\u5229\u7a05\u3002<\/strong><\/p>\n\n\n\n<p style=\"font-size:18px\">\u6d77\u5916\u76f8\u95dcETF\uff1a<a href=\"https:\/\/richiok.com\/blog-pff\/\" target=\"_blank\" data-type=\"post\" data-id=\"6003\" rel=\"noreferrer noopener\">PFF-iShares\u512a\u5148\u80a1\u8207\u6536\u76ca\u8b49\u5238ETF<\/a>\u3002<\/p>\n\n\n\n<p class=\"has-pale-cyan-blue-background-color has-background\" style=\"font-size:18px\"><strong>\u55ae\u6a94\u7279\u5225\u80a1\u6a19\u7684<\/strong><\/p>\n\n\n\n<p style=\"font-size:18px\"><strong>\u6d77\u5916\u55ae\u6a94\u7279\u5225\u80a1\u6a19\u7684\uff1a<\/strong><br>\u5bcc\u570b\u9280\u884cWFC\u3001\u7f8e\u570b\u9280\u884cBAC\u3001\u65b0\u7d00\u5143\u80fd\u6e90NEE\u3001\u82b1\u65d7\u96c6\u5718C\u3001\u65b0\u7d00\u5143\u80fd\u6e90NEE\u3001\u6469\u6839\u5927\u901aJPM\u7b49\u591a\u6578\u4f01\u696d\uff0c\u7686\u6709\u767c\u884c\u7279\u5225\u80a1\u53ef\u4f9b\u6295\u8cc7\u4eba\u9078\u64c7\u3002<\/p>\n\n\n\n<p style=\"font-size:18px\">\u6d77\u5916\u7684\u55ae\u6a94\u7279\u5225\u80a1\u4ea4\u6613\uff0c\u53ef\u65bc\u8907\u59d4\u8a17\u3001\u6d77\u5916\u5238\u5546\u3001\u6216\u662f\u570b\u5167\u9280\u884c\u901a\u8def\u9032\u884c\u3002\u82e5\u662f\u5728\u570b\u5167\u9280\u884c\u7aef\u7533\u8cfc\uff0c\u9700\u652f\u4ed8\u7533\u8cfc\u624b\u7e8c\u8cbb\u8207\u4fe1\u8a17\u4fdd\u7ba1\u8cbb\u3002\u672c\u6587\u6240\u8ff0\u7684\u5404\u9805\u767c\u884c\u689d\u4ef6\uff0c\u6295\u8cc7\u4eba\u53ef\u591a\u52a0\u8a62\u554f\u5f8c\u518d\u505a\u9078\u64c7\u3002<\/p>\n\n\n\n<p style=\"font-size:18px\"><strong>\u570b\u5167\u55ae\u6a94\u7279\u5225\u80a1\u6a19\u7684\uff1a<\/strong><br>2002A\u4e2d\u92fc\u7279\u5225\u80a1\u30011101B\u53f0\u6ce5\u7279\u5225\u80a1\u30011312A\u570b\u55ac\u7279\u5225\u80a1\u30012881A\u5bcc\u90a6\u7279\u5225\u80a1\u30012882A\u570b\u6cf0\u7279\u5225\u80a1\u7b49\u570b\u5167\u7684\u90e8\u4efd\u4f01\u696d\uff0c\u4ea6\u6709\u767c\u884c\u7279\u5225\u80a1\uff0c\u5c31\u50cf\u8cb7\u8ce3\u4e00\u822c\u80a1\u7968\u4e00\u6a23\uff0c\u6295\u8cc7\u4eba\u53ef\u76f4\u63a5\u65bc\u5238\u5546\u5e73\u53f0\u4ea4\u6613\u3002\u6295\u8cc7\u4eba\u9700\u591a\u7559\u610f\u767c\u884c\u516c\u53f8\u7684\u7d30\u90e8\u767c\u884c\u689d\u4ef6\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" style=\"font-size:18px\"><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-luminous-vivid-orange-color\">\u7d50\u8a9e<\/mark><\/strong><\/h2>\n\n\n\n<p style=\"font-size:18px\">\u4f01\u696d\u767c\u884c\u7279\u5225\u80a1\uff0c\u4e0d\u6703\u4f7f\u5f97\u80a1\u672c\u81a8\u8139\uff0c\u9032\u800c\u7a00\u91cb\u4e86\u6bcf\u80a1\u7372\u5229\uff1b\u7279\u5225\u80a1\u80a1\u6771\u901a\u5e38\u6c92\u6709\u8b70\u6848\u8868\u6c7a\u6b0a\uff0c\u6240\u4ee5\u4e5f\u4e0d\u6703\u5f71\u97ff\u516c\u53f8\u7684\u7d93\u71df\u6b0a\u3002\u5c0d\u6295\u8cc7\u4eba\u4f86\u8aaa\uff0c\u76f8\u8f03\u666e\u901a\u80a1\uff0c\u4e5f\u53ef\u4eab\u6709\u512a\u5148\u7684\u80a1\u5229\u5206\u914d\u8207\u6c42\u511f\u9806\u4f4d\u3002\u6240\u4ee5\u7279\u5225\u80a1\u7684\u6295\u8cc7\uff0c\u5728\u8fd1\u5e74\u5728\u570b\u5167\u6108\u76ca\u53d7\u5230\u6295\u8cc7\u4eba\u95dc\u6ce8\u3002<\/p>\n\n\n\n<p style=\"font-size:18px\">\u9664\u4e86\u6709\u5404\u5bb6\u57fa\u91d1\u516c\u53f8\u6709\u767c\u884c\u4e3b\u52d5\u578b\u64cd\u4f5c\u7684\u7279\u5225\u80a1\u57fa\u91d1\u4ee5\u5916\u3001\u570b\u5167\u5bcc\u90a6\u8207\u5143\u5927\u4ea6\u6709\u767c\u884c\u7279\u5225\u80a1\u7684ETF\u3001\u6d77\u5916\u7684ETF-PFF\u3001\u751a\u81f3\u53ef\u81f3\u91d1\u878d\u6a5f\u69cb\u81ea\u5df1\u6311\u9078\u559c\u611b\u7684\u55ae\u6a94\u7279\u5225\u80a1\uff0c\u6295\u8cc7\u4eba\u53ef\u4ee5\u591a\u52a0\u9078\u64c7\u6bd4\u8f03\u3002<strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">END<\/mark><\/strong><\/p>\n\n\n\n<script async=\"\" src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-5656441798836688\" crossorigin=\"anonymous\"><\/script>\n<ins class=\"adsbygoogle\" style=\"display:block\" data-ad-format=\"autorelaxed\" data-ad-client=\"ca-pub-5656441798836688\" data-ad-slot=\"7830349364\"><\/ins>\n<script>\n     (adsbygoogle = window.adsbygoogle || []).push({});\n<\/script>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p style=\"font-size:18px\">\u5ef6\u4f38\u95b1\u8b80\uff1a<\/p>\n\n\n\n<p style=\"font-size:18px\"><a href=\"https:\/\/richiok.com\/blog-00717\/\" target=\"_blank\" rel=\"noreferrer noopener\">00717-\u5bcc\u90a6\u6a19\u666e\u7f8e\u570b\u7279\u5225\u80a1ETF<\/a><\/p>\n\n\n\n<p style=\"font-size:18px\"><a href=\"https:\/\/richiok.com\/blog-pff\/\" data-type=\"post\" data-id=\"6003\" target=\"_blank\" rel=\"noreferrer noopener\">PFF-iShares\u512a\u5148\u80a1\u8207\u6536\u76ca\u8b49\u5238ETF<\/a><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p style=\"font-size:18px\"><strong><a href=\"http:\/\/www.facebook.com\/RichIOKcom\" target=\"_blank\" rel=\"noreferrer noopener\">FB \u7c89\u7d72\u5c08\u9801<\/a><\/strong>\u3002<strong>E-mail\uff1a<a href=\"mailto:service@richiok.com\" target=\"_blank\" rel=\"noreferrer noopener\">service@richiok.com<\/a><\/strong>\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u7279\u5225\u80a1\u53c8\u7a31\u70ba\u300c\u512a\u5148\u80a1\u300d\uff0c\u5373\u76f8\u5c0d\u666e\u901a\u80a1\u800c\u8a00\uff0c\u512a\u5148\u80a1\u5728\u300c\u80a1\u5229\u5206\u914d\u300d\u53ca\u300c\u5269\u9918\u8ca1\u7523\u5206\u914d\u300d\u7684\u6b0a\u5229\uff0c\u512a\u5148\u65bc\u666e\u901a\u80a1\u3002\u512a\u5148\u80a1\u7684\u6bcf\u80a1\u9762\u984d\u70ba25\u7f8e\u5143\uff0c\u5927\u90fd\u63a1\u5b63\u914d\u606f\u6a5f\u5236\u3002\u56e0\u70ba\u7279\u5225\u80a1\u7684\u767c\u884c\u516c\u53f8\u5728\u5230\u671f\u65e5\u3001\u6216\u662f\u4e3b\u52d5\u8cb7\u56de\u6642\uff0c\u9700\u7b49\u540c\u65bc\u767c\u884c\u9762\u984d\uff0c\u5c0d\u6295\u8cc7\u4eba\u8f03\u5177\u4fdd\u969c\uff0c\u6240\u4ee5\u7279\u5225\u80a1\u7684\u80a1\u50f9\u6ce2\u52d5\u5e45\u5ea6\uff0c\u6703\u5c0f\u65bc\u666e\u901a\u80a1\u3002<\/p>\n","protected":false},"author":1,"featured_media":6044,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","footnotes":""},"categories":[5],"tags":[174,108],"_links":{"self":[{"href":"https:\/\/richiok.com\/wp-json\/wp\/v2\/posts\/6023"}],"collection":[{"href":"https:\/\/richiok.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/richiok.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/richiok.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/richiok.com\/wp-json\/wp\/v2\/comments?post=6023"}],"version-history":[{"count":21,"href":"https:\/\/richiok.com\/wp-json\/wp\/v2\/posts\/6023\/revisions"}],"predecessor-version":[{"id":6073,"href":"https:\/\/richiok.com\/wp-json\/wp\/v2\/posts\/6023\/revisions\/6073"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/richiok.com\/wp-json\/wp\/v2\/media\/6044"}],"wp:attachment":[{"href":"https:\/\/richiok.com\/wp-json\/wp\/v2\/media?parent=6023"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/richiok.com\/wp-json\/wp\/v2\/categories?post=6023"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/richiok.com\/wp-json\/wp\/v2\/tags?post=6023"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}