社区
首页
集团介绍
社区
资讯
行情
学堂
TigerAI
登录
注册
吃老虎的猪
IP属地：福建
+关注
帖子 · 15
帖子 · 15
关注 · 0
关注 · 0
粉丝 · 0
粉丝 · 0
吃老虎的猪
吃老虎的猪
·
10-02
同比仅下滑25%
新势力车企9月成绩单出炉：零跑交付破10万辆，小米超4万辆
【大河财立方消息】10月1日，造车新势力陆续公布9月成绩单。零跑汽车连续三个月销量破10万辆，小米月交付量超4万辆。零跑汽车9月，零跑汽车全球交付量达105656辆，同比增长59%，月销连续三个月突破10万辆，再创新高。9月份，零跑汽车海外出口超2.7万辆。理想汽车9月，理想汽车交付新车31817辆。截至2026年9月30日，理想汽车历史累计交付量为1,833,651辆。
新势力车企9月成绩单出炉：零跑交付破10万辆，小米超4万辆
看
358
回复
评论
点赞
点赞
编组 21备份 2
分享
举报
吃老虎的猪
吃老虎的猪
·
10-01
只有身处乱世的国家买黄金
黄金本应在通胀飙升时成为避险资产，那为什么现在不起作用？
尽管下跌，中国人民银行8月增持超过20公吨黄金储备，为2023年以来最大月度购买。这使其在油价上涨、通胀被证明具有粘性、地缘政治紧张局势高企时成为天然避风港。对世界各国政府和央行而言，这次下跌可能被视为买入机会。几十年来，世界各国政府和央行一直持有黄金，作为主权金融保障，以应对经济不稳定、通胀和地缘政治风险，希望减少对美元的依赖，并限制对制裁或可能被另一个政府冻结的资产的敞口。
黄金本应在通胀飙升时成为避险资产，那为什么现在不起作用？
看
475
回复
评论
点赞
点赞
编组 21备份 2
分享
举报
吃老虎的猪
吃老虎的猪
·
2024-12-16
奶茶与共
非常抱歉，此主贴已删除
看
2,978
回复
评论
点赞
点赞
编组 21备份 2
分享
举报
吃老虎的猪
吃老虎的猪
·
2024-05-25
谁是你兄弟！
非常抱歉，此主贴已删除
看
4,169
回复
评论
点赞
点赞
编组 21备份 2
分享
举报
吃老虎的猪
吃老虎的猪
·
2019-06-10
这篇文章不错，转发给大家看
非常抱歉，此主贴已删除
看
4,418
回复
评论
点赞
点赞
编组 21备份 2
分享
举报
吃老虎的猪
吃老虎的猪
·
2017-06-10
阿里是家伟大的公司
$BABA 20170616 139.0 PUT(BABA)$ 中国大陆只有两家伟大的公司阿里和腾讯，本人却从未在这两只股票做多赚钱，总觉得有点类似48元的中石油，或许能依赖动物精神冲高到96，但在全球经济低增长大环境下终究会归于平稳。至于优秀企业的盈利、增长、品牌、护城河等都完成反应在当前股价中了。
看
1.04万
回复
1
点赞
1
编组 21备份 2
分享
举报
阿里是家伟大的公司
吃老虎的猪
吃老虎的猪
·
2017-06-02
猪友的表现
猪比老虎厉害
看
9,055
回复
12
点赞
12
编组 21备份 2
分享
举报
猪友的表现
吃老虎的猪
吃老虎的猪
·
2017-05-30
退出巴黎气候协定
$三倍做空天然气ETN(VelocityShares)(DGAZ)$ 美国又要开始烧煤？
看
7,097
回复
1
点赞
2
编组 21备份 2
分享
举报
退出巴黎气候协定
吃老虎的猪
吃老虎的猪
·
2017-05-04
显微镜下每家公司都是问题
$中国恒大(03333)$ 长期多指数，短期空个股
看
8,123
回复
1
点赞
3
编组 21备份 2
分享
举报
显微镜下每家公司都是问题
吃老虎的猪
吃老虎的猪
·
2017-04-24
下一个辉山
$中国恒大(03333)$ 想靠买买买和加杆杠支撑股价，最终无法逃脱大跌
看
6,113
回复
评论
点赞
1
编组 21备份 2
分享
举报
下一个辉山
加载更多
热议股票
{"i18n":{"language":"zh_CN"},"isCurrentUser":false,"userPageInfo":{"id":"315589188118110","uuid":"315589188118110","gmtCreate":1467747672055,"gmtModify":1483669038375,"name":"吃老虎的猪","pinyin":"clhdzchilaohudezhu","introduction":"","introductionEn":"","signature":"","avatar":"https://static.laohu8.com/default-avatar.jpg","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":13,"headSize":8,"tweetSize":15,"questionSize":0,"limitLevel":900,"accountStatus":4,"level":{"id":3,"name":"书生虎","nameTw":"書生虎","represent":"努力向上","factor":"发布10条非转发主帖,其中5条获得他人回复或点赞","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":null,"userBadges":[{"badgeId":"e50ce593bb40487ebfb542ca54f6a561-4","templateUuid":"e50ce593bb40487ebfb542ca54f6a561","name":"明星虎友","description":"加入老虎社区2000天","bigImgUrl":"https://static.tigerbbs.com/dddf24b906c7011de2617d4fb3f76987","smallImgUrl":"https://static.tigerbbs.com/53d58ad32c97254c6f74db8b97e6ec49","grayImgUrl":"https://static.tigerbbs.com/6304700d92ad91c7a33e2e92ec32ecc1","redirectLinkEnabled":0,"redirectLinkType":null,"redirectLink":null,"redirectLinkValidityFrom":null,"redirectLinkValidityTo":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.28","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001,"isScarce":0,"effectEnabled":0,"plateImgUrl":null,"plateColors":null,"validityTo":null,"validityToTimestamp":null,"wearingSort":0},{"badgeId":"228c86a078844d74991fff2b7ab2428d-3","templateUuid":"228c86a078844d74991fff2b7ab2428d","name":"投资合伙人虎","description":"证券账户累计交易金额达到100万美元","bigImgUrl":"https://static.tigerbbs.com/fbeac6bb240db7da8b972e5183d050ba","smallImgUrl":"https://static.tigerbbs.com/436cdf80292b99f0a992e78750ac4e3a","grayImgUrl":"https://static.tigerbbs.com/506a259a7b456f037592c3b23c779599","redirectLinkEnabled":0,"redirectLinkType":null,"redirectLink":null,"redirectLinkValidityFrom":null,"redirectLinkValidityTo":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.28","exceedPercentage":"93.68%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1101,"isScarce":0,"effectEnabled":0,"plateImgUrl":null,"plateColors":null,"validityTo":null,"validityToTimestamp":null,"wearingSort":0},{"badgeId":"976c19eed35f4cd78f17501c2e99ef37-1","templateUuid":"976c19eed35f4cd78f17501c2e99ef37","name":"博闻投资者","description":"累计交易超过10只正股","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLinkType":null,"redirectLink":null,"redirectLinkValidityFrom":null,"redirectLinkValidityTo":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1102,"isScarce":0,"effectEnabled":0,"plateImgUrl":null,"plateColors":null,"validityTo":null,"validityToTimestamp":null,"wearingSort":0},{"badgeId":"518b5610c3e8410da5cfad115e4b0f5a-1","templateUuid":"518b5610c3e8410da5cfad115e4b0f5a","name":"实盘交易者","description":"完成一笔实盘交易","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLinkType":null,"redirectLink":null,"redirectLinkValidityFrom":null,"redirectLinkValidityTo":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100,"isScarce":0,"effectEnabled":0,"plateImgUrl":null,"plateColors":null,"validityTo":null,"validityToTimestamp":null,"wearingSort":0},{"badgeId":"35ec162348d5460f88c959321e554969-3","templateUuid":"35ec162348d5460f88c959321e554969","name":"传说交易员","description":"证券或期货账户累计交易次数达到300次","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"redirectLinkType":null,"redirectLink":null,"redirectLinkValidityFrom":null,"redirectLinkValidityTo":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"93.46%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100,"isScarce":0,"effectEnabled":0,"plateImgUrl":null,"plateColors":null,"validityTo":null,"validityToTimestamp":null,"wearingSort":0}],"userBadgeCount":5,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":4,"crmLevelSwitch":0,"location":"福建","starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"page":1,"watchlist":null,"tweetList":[{"id":613981015179936,"gmtCreate":1790916909708,"gmtModify":1790916911511,"author":{"id":"315589188118110","authorId":"315589188118110","name":"吃老虎的猪","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"315589188118110","authorIdStr":"315589188118110"},"themes":[],"title":"","htmlText":"同比仅下滑25%","listText":"同比仅下滑25%","text":"同比仅下滑25%","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/613981015179936","repostId":"2672734985","repostType":2,"repost":{"id":"2672734985","kind":"news","pubTimestamp":1790829717,"share":"https://www.laohunote.com/m/news/2672734985?lang=zh_CN&edition=full","pubTime":"2026-10-01 12:41","market":"hk","language":"zh","title":"新势力车企9月成绩单出炉：零跑交付破10万辆，小米超4万辆","url":"https://stock-news.laohu8.com/highlight/detail?id=2672734985","media":"大河财立方","summary":"【大河财立方消息】10月1日，造车新势力陆续公布9月成绩单。零跑汽车连续三个月销量破10万辆，小米月交付量超4万辆。零跑汽车9月，零跑汽车全球交付量达105656辆，同比增长59%，月销连续三个月突破10万辆，再创新高。9月份，零跑汽车海外出口超2.7万辆。理想汽车9月，理想汽车交付新车31817辆。截至2026年9月30日，理想汽车历史累计交付量为1,833,651辆。","content":"<div>\n<p>【大河财立方消息】10月1日，造车新势力陆续公布9月成绩单。零跑汽车连续三个月销量破10万辆，小米月交付量超4万辆。 零跑汽车 9月，零跑汽车全球交付量达105656辆，同比增长59%，月销连续三个月突破10万辆，再创新高。9月份，零跑汽车海外出口超2.7万辆。 理想汽车 9月，理想汽车交付新车31817辆。截至2026年9月30日，理想汽车历史累计交付量为1,833,651辆。 蔚来 ...</p>\n\n<a href=\"http://finance.eastmoney.com/a/202610013888208769.html\">网页链接</a>\n\n</div>\n","source":"stock_eastmoney","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>新势力车企9月成绩单出炉：零跑交付破10万辆，小米超4万辆</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n新势力车企9月成绩单出炉：零跑交付破10万辆，小米超4万辆\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-10-01 12:41 北京时间 <a href=http://finance.eastmoney.com/a/202610013888208769.html><strong>大河财立方</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>【大河财立方消息】10月1日，造车新势力陆续公布9月成绩单。零跑汽车连续三个月销量破10万辆，小米月交付量超4万辆。 零跑汽车 9月，零跑汽车全球交付量达105656辆，同比增长59%，月销连续三个月突破10万辆，再创新高。9月份，零跑汽车海外出口超2.7万辆。 理想汽车 9月，理想汽车交付新车31817辆。截至2026年9月30日，理想汽车历史累计交付量为1,833,651辆。 蔚来 ...</p>\n\n<a href=\"http://finance.eastmoney.com/a/202610013888208769.html\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"81810":"小米集团-WR","82333":"长城汽车-R","601633":"长城汽车","LU1023057109.AUD":"BGF CHINA \"A2\" (AUDHDG) ACC","LU0449509016.USD":"HSBC GIF BRIC EQUITY \"AC\" (USD) ACC","LU0210526637.USD":"JPM CHINA \"A\" (USD) ACC","LU0572944931.SGD":"Janus Henderson Horizon China Opportunities A2 SGD","LU1481107354.HKD":"HSBC GIF HONG KONG EQUITY \"AD\" (HKD) INC","BK1575":"同股不同权","LU0326950275.SGD":"Schroder ISF China Opportunities A Acc SGD-H","LI":"理想汽车","LU0700851271.USD":"NINETY ONE GSF EMERGING MARKETS MULTI-ASSET \"A\" (USD) ACC","LU0594300179.USD":"FIDELITY CHINA CONSUMER \"A\" (USD) ACC","LU0254981946.USD":"HSBC GIF BRIC MARKETS EQUITY \"AC\" (USD) ACC","LU1868837565.USD":"CT (LUX) I GLOBAL EMERGING MARKET EQUITIES \"1\" (USD) ACC","LU0417516902.SGD":"Allianz China Equity Cl AT Acc SGD","LU2476274308.USD":"ALLIANZ CHINA FUTURE TECHNOLOGIES \"AT\" (USD) ACC","LU0918141887.USD":"安联亚洲实际收益股票基金","LU0164865239.USD":"HSBC GIF CHINESE EQUITY \"AC\" (USD) ACC","BK0010":"央企","LU0084288322.USD":"Natixis Asia Equity RD USD","LU0348814723.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"A\" (USD) INC NC","LU0708995583.HKD":"TEMPLETON CHINA \"A\" (HKD) ACC","HK0000286598.CNH":"中银保诚中国价值基金 A","LU0143863784.USD":"CT (LUX) I GLOBAL EMERGING MARKET EQUITIES\"DU\" (USD) ACC","02015":"理想汽车-W","09863":"零跑汽车","LU1813983027.USD":"MANULIFE GF DRAGON GROWTH \"AA\" (USD) INC","LU0327786744.USD":"Janus Henderson Horizon China Opportunities A2 USD","XPEV":"小鹏集团","LU0345775950.USD":"NINETY ONE GSF ASIAN EQUITY \"A\" (USD) ACC","09868":"小鹏集团-W","LU2399975544.HKD":"ALLIANZ ALL CHINA EQUITY \"AT\" (HKD) ACC","LU0531970944.HKD":"HSBC GIF BRIC EQUITY \"AC\" (HKD) ACC","LU1323998911.USD":"BGF ASIAN MULTI-ASSET INCOME \"A\" (USD) ACC","LU0164872284.USD":"HSBC GIF GLOBAL EMERGING MARKETS EQUITY \"A\" (USD) ACC","LU0823426480.USD":"法巴中国股票经典Dis","LU0051755006.USD":"摩根大通中国A (dist)","LU0164880469.USD":"HSBC GIF HONG KONG EQUITY \"AC\" ACC","LU0348827113.USD":"ALLIANZ RCM CHINA \"AT\" ACC","LU1880383366.USD":"东方汇理中国股票基金 A2 (C)","LU0143863198.USD":"CT (LUX) I GLOBAL EMERGING MARKET EQUITIES\"AU\" (USD) ACC","LU0054450605.USD":"HSBC GIF GLOBAL EMERGING MARKTS EQ \"AD\" INC","LU0456846285.SGD":"JPMorgan Funds - Greater China A (acc) SGD","LU0359202008.SGD":"Blackrock China Fund A2 SGD-H","SG9999002463.SGD":"LionGlobal China Growth SGD","LU0540923850.HKD":"ALLIANZ HONG KONG EQUITY \"A\" (HKD) INC","LU1880383440.USD":"AMUNDI FUNDS CHINA EQUITY \"A2\" (USD) INC","HXXD.SI":"Xiaomi HK SDR 2to1","LU1808992512.USD":"AB ALL CHINA EQUITY PORTFOLIO \"A\" (USD) ACC","IE00B3M56506.USD":"NEUBERGER BERMAN EMERGING MARKETS EQUITY \"A\" (USD) ACC","LU0634319403.HKD":"ALLIANZ HONG KONG EQUITY \"AT\" (HKD) ACC","LU2097828557.USD":"AZ EQUITY CHINA \"A\" (USD) ACC","LU0052750758.USD":"富兰克林中国基金A Acc","LU0531971595.HKD":"HSBC GIF CHINESE EQUITY \"AD\" (HKD) INC","LU2097828631.EUR":"AZ EQUITY CHINA \"A\" (EUR) ACC","HK0000165453.HKD":"华夏精选大中华科技基金 A类港币","LU2778985437.USD":"ALLIANZ CHINA FUTURE TECHNOLOGIES \"A\" (USD) INC","LU0611395673.USD":"NINETY ONE GSF EMERGING MARKETS EQUITY \"A\" (USD) ACC","LU0823040885.USD":"东方汇理新兴市场焦点股票基金","LU2097828714.EUR":"AZ EQUITY CHINA \"BAZ\" (EUR) ACC","LU2152927971.USD":"NORDEA 1 ASIAN STARS EQUITY \"BP\" (USD) ACC","LU0561508036.HKD":"ALLIANZ CHINA EQUITY \"A\" (HKD) INC","LU2097828805.USD":"AZ EQUITY CHINA \"A-AZ\" (USD) ACC","LU1064131003.USD":"FULLERTON LUX FUNDS - CHINA A EQUITIES \"A\" (USD) ACC","LU0039217434.USD":"HSBC GIF CHINESE EQUITY \"AD\" INC","LU0345776255.USD":"NINETY ONE GSF ASIAN EQUITY \"A\" (USD) INC","LU2097828474.EUR":"AZ EQUITY CHINA \"A\" (EUR) ACC A","LU0307460666.USD":"EASTSPRING INVESTMENTS CHINA EQUITY \"A\" ACC","BK1589":"北水核心资产","BK0183":"MSCI概念","SG9999003461.SGD":"United Asia Pacific Infrastructure SGD","LU0588546209.SGD":"Eastspring Investments - China Equity Fund AS SGD","BK1618":"Manus概念股","BK1193":"电脑硬件、储存设备及电脑周边","LU1188198961.HKD":"SCHRODER ISF CHINA OPPORTUNITIES \"A\" (HKD) INC QV","LU0449515922.USD":"HSBC GIF GLOBAL EMERGING MARKETS EQUITY \"PC\" (USD)ACC","BK0028":"国家队","LU0359201612.USD":"贝莱德中国基金A2","IE0034224299.USD":"PINEBRIDGE ASIA EX JAPAN EQUITY \"A\" (USD) ACC","BK1588":"回港中概股","LU1720050803.USD":"安联全方位中国股票基金","LU0605514214.HKD":"FIDELITY CHINA CONSUMER \"A\" (HKD) ACC","LU0797268264.HKD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AT\" (HKD) ACC","BK1615":"港股-互联网","02333":"长城汽车","LU0456827905.SGD":"JPMorgan Funds - China A (acc) SGD","LU0214875030.USD":"HSBC GIF BRIC EQUITY \"M2C\" (USD) ACC","LU0231483743.USD":"abrdn SICAV I - ALL CHINA SUSTAINABLE EQUITY \"A\" (USD) ACC","LU0149721374.USD":"HSBC GIF HONG KONG EQUITY \"AD\" INC","01810":"小米集团-W","LU1719994722.HKD":"NINETY ONE GSF ALL CHINA EQUITY \"A\" (HKD) ACC","BK1587":"次新股","SG9999001093.SGD":"United Greater China Fund A Acc SGD","IDRV":"iShares Self-Driving EV and Tech ETF","LU2087589342.USD":"BGF ASIAN MULTI-ASSET INCOME \"A6\" (USD) INC","LU0823041008.USD":"AMUNDI FUNDS EMERGING WORLD EQUITY \"A2\" (USD) ACC","LU1770034418.SGD":"ALL CHINA EQUITY \"A\" (SGDHDG) ACC","LU2039709279.SGD":"MANULIFE GF DRAGON GROWTH \"AA\" (SGDHDG) INC","BK1539":"汽车股","LU0823038988.USD":"AMUNDI FUNDS ASIA EQUITY FOCUS \"A2\" (USD) ACC","LU2294711473.HKD":"BNP PARIBAS CHINA EQUITY \"C\" (HKD) ACC","LU0463099449.HKD":"SCHRODER ISF CHINA OPPORTUNITIES \"A\" (HKD) ACC","LU0348816934.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AT\" (USD)","LU1282648689.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AMG\" (USD) INC","LU0823039010.USD":"AMUNDI FUNDS ASIA EQUITY FOCUS \"A2\" (USD) INC","LU0359201885.HKD":"BGF CHINA \"A2\" (HKD) ACC","BK1506":"5G概念","LU0211977185.USD":"EASTSPRING INVESTMENTS GREATER CHINA EQUITY \"A\" ACC","LU0117841782.USD":"JPM GREATER CHINA \"A\" (USD) INC","BK1502":"双十一","BK1119":"汽车制造商","BK0188":"融资融券","LU0593848301.USD":"未来资产亚洲卓越消费股票基金A","LU1868838027.USD":"CT (LUX) I GLOBAL EMERGING MARKET EQUITIES \"8\" (USD) ACC","LU0235996351.USD":"UBS (LUX) KEY SELECTION SICAV - ASIAN EQUITY (USD) \"P\" (USD) ACC","LU0499858602.USD":"NINETY ONE GSF ASIA PACIFIC EQUITY OPPORTUNITIES \"A\" (USD) ACC","LU0417516738.SGD":"Allianz Hong Kong Equity AT Acc SGD","GWLLY":"长城汽车ADR","IE0032431581.USD":"PINEBRIDGE GREATER CHINA EQUITY \"A\" (USD) ACC","LU0348735423.USD":"ALLIANZ HONG KONG EQUITY \"A\" (USD) INC","LU2226246903.HKD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AT4\" (HKD) ACC","LU0244354667.USD":"SCHRODER ISF CHINA OPPORTUNITIES \"A\" ACC","LU1956131251.USD":"BNP PARIBAS SUSTAINABLE ASIA EX-JAPAN EQUITY \"C\"MD (USD) INC","LU1251922891.USD":"NINETY ONE GSF ALL CHINA EQUITY \"A\" (USD) ACC","LU1770036033.HKD":"NINETY ONE GSF ASIAN EQUITY \"A\" (HKD) ACC","LU0594300419.USD":"富达中国消费基金A","LU0650527681.SGD":"Fidelity China Consumer A-SGD","LU1303224171.USD":"NINETY ONE GSF ALL CHINA EQUITY \"A\" (USD) INC","LU1961090484.USD":"ALLIANZ ALL CHINA EQUITY \"A\" (USD) INC","LU0823413587.USD":"BNP PARIBAS EMERGING EQUITY \"C\" (USD) ACC","LU2257852520.SGD":"JPMorgan Funds - Asia Growth A (acc) SGD","BK0014":"新能源汽车","DRGN":"Themes China Generative Artificial Intelligence ETF","LU0348825331.USD":"ALLIANZ CHINA EQUITY \"A\" (USD) INC","LU1105468828.SGD":"Allianz Total Return Asian Equity AM DIS H2-SGD","LU0320764599.SGD":"FTIF - Templeton China A Acc SGD","LU0871576103.HKD":"HSBC GIF CHINESE EQUITY \"AC\" (HKD) ACC","BK0196":"行业龙头","BK1523":"武汉本地概念股","LU0918141705.HKD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AM\" (HKD) INC","LU1794554557.SGD":"Allianz All China Equity AT Acc H2-SGD","XIACY":"小米集团ADR","LU0499858438.USD":"NINETY ONE GSF ASIA PACIFIC EQUITY OPPORTUNITIES \"A\" (USD) INC","LU0169518387.USD":"JPM ASIA EQUITY \"A\" ACC","LU2476274720.SGD":"ALLIANZ CHINA FUTURE TECHNOLOGIES \"AT\" (SGDHDG) ACC","BK1521":"挪威政府全球养老基金持仓","000625":"长安汽车","LU0675040207.SGD":"JPM ASIA PACIFIC EQUITY \"A\" (SGD) ACC","LU0823413660.USD":"BNP PARIBAS EMERGING EQUITY \"C\" (USD) INC","BK0264":"汽车制造","LU0441854154.USD":"JPM ASIA PACIFIC EQUITY \"A\" (USD) ACC","BK0006":"大央企重组","BK1610":"ETF&股票定投概念","LU0823397103.USD":"BNP PARIBAS SUSTAINABLE ASIA EX-JAPAN EQUITY \"C\" (USD) ACC","LU2148510915.USD":"FULLERTON LUX FUNDS - CHINA A EQUITIES \"R\" (USD) ACC","LU1328277881.USD":"MANULIFE GF DRAGON GROWTH FUND \"AA\" (USD) INC","BK0012":"证金概念","BK1607":"新IT概念","LU0823426308.USD":"法巴中国股票基金","LU0823397285.USD":"BNP PARIBAS SUSTAINABLE ASIA EX-JAPAN EQUITY \"C\" (USD) INC","LU1981816686.USD":"EASTSPRING INV ASIAN MULTI FACTOR EQUITY \"A\" (USD) ACC","LU0314109678.HKD":"MANULIFE GF DRAGON GROWTH \"AA\" (HKD) INC","LU1064130708.USD":"FULLERTON LUX FUNDS - CHINA A EQUITIES \"I\" (USD) ACC"},"source_url":"http://finance.eastmoney.com/a/202610013888208769.html","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2672734985","content_text":"【大河财立方消息】10月1日，造车新势力陆续公布9月成绩单。零跑汽车连续三个月销量破10万辆，小米月交付量超4万辆。 零跑汽车 9月，零跑汽车全球交付量达105656辆，同比增长59%，月销连续三个月突破10万辆，再创新高。9月份，零跑汽车海外出口超2.7万辆。 理想汽车 9月，理想汽车交付新车31817辆。截至2026年9月30日，理想汽车历史累计交付量为1,833,651辆。 蔚来 蔚来9月交付新车37408辆，同比增长7.7%。其中，蔚来品牌交付新车21318辆，同比增长55.3%；乐道品牌交付新车8763辆；firefly萤火虫品牌交付新车7327辆，同比增长26.9%。2026年前三季度，蔚来公司共交付新车300,301辆，同比增长49.2%，三品牌前三季度交付均创历史新高。 小鹏集团 小鹏集团9月共交付新车41256台，环比增长5%；第三季度累计交付新车118390台，环比增长15%。 小米汽车 9月，小米汽车交付量超过40000辆。 深蓝汽车 9月，深蓝汽车全球销量30185辆。1—9月全球累计销量252213辆，同比增长8.59%。 极氪 极氪9月交付新车37216辆，连续8个月同环比双增长，同比增103.85%。1—9月共交付28.84万辆，同比增100.84%。（文章来源：大河财立方）","news_type":1,"symbols_score_info":{"81810":0.6,"82333":0.6,"601633":1.88,"DRGN":0.6,"01810":1.94,"09868":1.9,"000625":1.86,"09863":1.96,"02333":1.88,"MIUmain":0.6,"XIACY":1.94,"IDRV":0.6,"GWLLY":1.88,"LI":1.92,"HXXD.SI":0.6,"02015":1.92,"XPEV":1.9}},"isVote":1,"tweetType":1,"viewCount":358,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":613662579929408,"gmtCreate":1790839131541,"gmtModify":1790839133499,"author":{"id":"315589188118110","authorId":"315589188118110","name":"吃老虎的猪","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"315589188118110","authorIdStr":"315589188118110"},"themes":[],"title":"","htmlText":"只有身处乱世的国家买黄金","listText":"只有身处乱世的国家买黄金","text":"只有身处乱世的国家买黄金","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/613662579929408","repostId":"1174147442","repostType":2,"repost":{"id":"1174147442","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1790829733,"share":"https://www.laohunote.com/m/news/1174147442?lang=zh_CN&edition=full","pubTime":"2026-10-01 12:42","market":"us","language":"zh","title":"黄金本应在通胀飙升时成为避险资产，那为什么现在不起作用？","url":"https://stock-news.laohu8.com/highlight/detail?id=1174147442","media":"老虎资讯综合","summary":"尽管下跌，中国人民银行8月增持超过20公吨黄金储备，为2023年以来最大月度购买。这使其在油价上涨、通胀被证明具有粘性、地缘政治紧张局势高企时成为天然避风港。对世界各国政府和央行而言，这次下跌可能被视为买入机会。几十年来，世界各国政府和央行一直持有黄金，作为主权金融保障，以应对经济不稳定、通胀和地缘政治风险，希望减少对美元的依赖，并限制对制裁或可能被另一个政府冻结的资产的敞口。","content":"<html><head></head><body><p style=\"text-align: left;\"><strong>要点</strong></p><ul><li><p style=\"text-align: left;\">最活跃的黄金合约9月下跌近6%，势将创下自6月以来最差月度表现。</p></li><li><p style=\"text-align: left;\">美国国债收益率攀升和美元走强对黄金构成压力；黄金不支付利息，随着收益率上升而变得不那么有吸引力。</p></li><li><p style=\"text-align: left;\">尽管下跌，中国人民银行8月增持超过20公吨黄金储备，为2023年以来最大月度购买。</p></li></ul><p style=\"text-align: left;\">每个投资者都知道这套操作：当市场崩溃时，买入黄金。</p><p style=\"text-align: left;\">但在9月，这套剧本没有奏效。这种黄色金属本月遭受重创，因油价飙升、通胀担忧卷土重来，而科技股甚至比特币——这些本是投资者在恐慌中应逃离的押注——却大幅走高，并帮助支撑了大盘。</p><p style=\"text-align: left;\">最活跃的黄金合约，即12月交割的 GC00（GCZ26），本月下跌6.6%，周三结算于每盎司4,186.70美元——根据道琼斯市场数据，创下自6月以来最差月度表现。这与美国股市形成鲜明对比，9月纳斯达克综合指数 COMP 上涨2.5%，标普500指数 SPX 上涨0.1%。</p><p style=\"text-align: left;\">甚至比特币 BTCUSD，全球第一大加密货币、以波动剧烈著称的资产，也已突破86,000美元，并在9月飙升7%，迈向年内最高水平。</p><p style=\"text-align: left;\">诚然，黄金是经典的通胀对冲工具——一种稀缺实物资产，随着价格上涨压力导致货币购买力下降，其美元价格往往攀升。这使其在油价上涨、通胀被证明具有粘性、地缘政治紧张局势高企时成为天然避风港。</p><p style=\"text-align: left;\">但现在，这种黄色金属陷入拉锯战。油价上涨、持续通胀以及似乎无休止的美伊紧张关系，似乎应支撑金价，但不断攀升的美国国债收益率和走强的美元正把它拉向另一边。这是因为黄金不支付利息，所以随着收益率上升，持有这种金属的机会成本增加。例如，当投资者持有仅两年期美国国债 TMUBMUSD02Y 4.889% 就能赚近5%时，持有一种不产生收益的实物资产就变得不那么有吸引力。</p><p style=\"text-align: left;\">LPL Financial 宏观与投资策略主管 Kristian Kerr 表示：“利率上升提高了现金和短期货币市场收益投资的吸引力，从而降低了黄金的相对吸引力，而这些投资在扣除通胀后再次能够为投资者提供正的实际回报。”他指出，许多投资者还卷入了投机狂潮，这推动黄金在去年和2026年初创下新高。</p><p style=\"text-align: left;\">美元走强增加了另一个逆风。由于黄金以美元计价，美元上涨会使这种金属对外国投资者不那么有吸引力。根据 FactSet 数据，衡量美元兑六种主要货币强弱的 ICE 美元指数 DXY +0.15% 在9月上涨超过2%。</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a98afabbdd3bedf70155d6182e300b14\" data-align=\"center\" tg-width=\"1228\" tg-height=\"900\"/><span></span></p><p style=\"text-align: left;\">然而，并非所有人都在抛售黄金。对世界各国政府和央行而言，这次下跌可能被视为买入机会。中国央行（PBoC）在8月增持超过20公吨，即65万盎司黄金储备，为2023年以来最大月度购买。根据中国国家外汇管理局数据，这也使中国人民银行的黄金购买连续达到22个月。</p><p style=\"text-align: left;\">世界黄金协会美洲高级市场策略师兼公共政策主管 Joe Cavatoni 表示：“中国央行与许多央行一样，正在从更广阔的视角看待其储备战略以及多元化能够带来的好处。”</p><p style=\"text-align: left;\">换句话说，政府购买黄金背后的逻辑，与其说是关于通胀或收益率，不如说是关于储备安全。几十年来，世界各国政府和央行一直持有黄金，作为主权金融保障，以应对经济不稳定、通胀和地缘政治风险，希望减少对美元的依赖，并限制对制裁或可能被另一个政府冻结的资产的敞口。</p><p style=\"text-align: left;\">世界黄金协会的《2026年央行黄金储备调查》发现，89%的储备管理者预计未来12个月全球央行黄金持有量将上升。Cavatoni 指出，调查显示，央行预计未来五年美元在其储备中的作用将减小。他说：“黄金作为货币资产的角色，使其牢牢留在储备管理者的考量中。”</p><p style=\"text-align: left;\">但买入的不只是央行。道富投资管理全球黄金市场主管 Aakash Doshi 表示，投资者仍在将大量资金投入跟踪黄金的交易所交易基金（ETF）。根据道富汇编的数据，ETF 投资者9月继续增持美国上市的黄金相关 ETF，在8月流入79亿美元之后，当月又吸引38亿美元净流入。</p><p style=\"text-align: left;\">Doshi 周三表示，强劲的 ETF 流入让他的团队对黄金长期看涨叙事抱有信心，尽管美联储加息且9月金条交易出现下滑。他说：“我们认为这些是结构性配置，黄金被作为货币、替代法币和多元化对冲工具而买入。”</p><p style=\"text-align: left;\">在 Doshi 看来，随着短期美国国债收益率近几周上升速度快于长期利率 TMUBMUSD10Y 5.284%、TMUBMUSD30Y 5.626%，两者之间的差距已经收窄——这种转变被称为“熊市趋平”。这可能会给经济增长带来更大压力，因为美国消费者和企业可能通过更昂贵的贷款和信贷感受到挤压。</p><p style=\"text-align: left;\">因此，即使利率上升本身通常对黄金构成逆风，Doshi 说，“这也可以支撑黄金作为避险资产和低相关性资产。”低相关性资产指的是那些彼此走势方向不一致的资产。</p><p style=\"text-align: left;\">至于普通投资者应将投资组合中多少比例配置给黄金，EverBank 全球市场总裁 Chris Gaffney 表示，投资者持有最多10%的贵金属可能受益。他说：“许多人将黄金近期的小幅回调视为加仓的理由。”</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>黄金本应在通胀飙升时成为避险资产，那为什么现在不起作用？</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n黄金本应在通胀飙升时成为避险资产，那为什么现在不起作用？\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time\">2026-10-01 12:42</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p style=\"text-align: left;\"><strong>要点</strong></p><ul><li><p style=\"text-align: left;\">最活跃的黄金合约9月下跌近6%，势将创下自6月以来最差月度表现。</p></li><li><p style=\"text-align: left;\">美国国债收益率攀升和美元走强对黄金构成压力；黄金不支付利息，随着收益率上升而变得不那么有吸引力。</p></li><li><p style=\"text-align: left;\">尽管下跌，中国人民银行8月增持超过20公吨黄金储备，为2023年以来最大月度购买。</p></li></ul><p style=\"text-align: left;\">每个投资者都知道这套操作：当市场崩溃时，买入黄金。</p><p style=\"text-align: left;\">但在9月，这套剧本没有奏效。这种黄色金属本月遭受重创，因油价飙升、通胀担忧卷土重来，而科技股甚至比特币——这些本是投资者在恐慌中应逃离的押注——却大幅走高，并帮助支撑了大盘。</p><p style=\"text-align: left;\">最活跃的黄金合约，即12月交割的 GC00（GCZ26），本月下跌6.6%，周三结算于每盎司4,186.70美元——根据道琼斯市场数据，创下自6月以来最差月度表现。这与美国股市形成鲜明对比，9月纳斯达克综合指数 COMP 上涨2.5%，标普500指数 SPX 上涨0.1%。</p><p style=\"text-align: left;\">甚至比特币 BTCUSD，全球第一大加密货币、以波动剧烈著称的资产，也已突破86,000美元，并在9月飙升7%，迈向年内最高水平。</p><p style=\"text-align: left;\">诚然，黄金是经典的通胀对冲工具——一种稀缺实物资产，随着价格上涨压力导致货币购买力下降，其美元价格往往攀升。这使其在油价上涨、通胀被证明具有粘性、地缘政治紧张局势高企时成为天然避风港。</p><p style=\"text-align: left;\">但现在，这种黄色金属陷入拉锯战。油价上涨、持续通胀以及似乎无休止的美伊紧张关系，似乎应支撑金价，但不断攀升的美国国债收益率和走强的美元正把它拉向另一边。这是因为黄金不支付利息，所以随着收益率上升，持有这种金属的机会成本增加。例如，当投资者持有仅两年期美国国债 TMUBMUSD02Y 4.889% 就能赚近5%时，持有一种不产生收益的实物资产就变得不那么有吸引力。</p><p style=\"text-align: left;\">LPL Financial 宏观与投资策略主管 Kristian Kerr 表示：“利率上升提高了现金和短期货币市场收益投资的吸引力，从而降低了黄金的相对吸引力，而这些投资在扣除通胀后再次能够为投资者提供正的实际回报。”他指出，许多投资者还卷入了投机狂潮，这推动黄金在去年和2026年初创下新高。</p><p style=\"text-align: left;\">美元走强增加了另一个逆风。由于黄金以美元计价，美元上涨会使这种金属对外国投资者不那么有吸引力。根据 FactSet 数据，衡量美元兑六种主要货币强弱的 ICE 美元指数 DXY +0.15% 在9月上涨超过2%。</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a98afabbdd3bedf70155d6182e300b14\" data-align=\"center\" tg-width=\"1228\" tg-height=\"900\"/><span></span></p><p style=\"text-align: left;\">然而，并非所有人都在抛售黄金。对世界各国政府和央行而言，这次下跌可能被视为买入机会。中国央行（PBoC）在8月增持超过20公吨，即65万盎司黄金储备，为2023年以来最大月度购买。根据中国国家外汇管理局数据，这也使中国人民银行的黄金购买连续达到22个月。</p><p style=\"text-align: left;\">世界黄金协会美洲高级市场策略师兼公共政策主管 Joe Cavatoni 表示：“中国央行与许多央行一样，正在从更广阔的视角看待其储备战略以及多元化能够带来的好处。”</p><p style=\"text-align: left;\">换句话说，政府购买黄金背后的逻辑，与其说是关于通胀或收益率，不如说是关于储备安全。几十年来，世界各国政府和央行一直持有黄金，作为主权金融保障，以应对经济不稳定、通胀和地缘政治风险，希望减少对美元的依赖，并限制对制裁或可能被另一个政府冻结的资产的敞口。</p><p style=\"text-align: left;\">世界黄金协会的《2026年央行黄金储备调查》发现，89%的储备管理者预计未来12个月全球央行黄金持有量将上升。Cavatoni 指出，调查显示，央行预计未来五年美元在其储备中的作用将减小。他说：“黄金作为货币资产的角色，使其牢牢留在储备管理者的考量中。”</p><p style=\"text-align: left;\">但买入的不只是央行。道富投资管理全球黄金市场主管 Aakash Doshi 表示，投资者仍在将大量资金投入跟踪黄金的交易所交易基金（ETF）。根据道富汇编的数据，ETF 投资者9月继续增持美国上市的黄金相关 ETF，在8月流入79亿美元之后，当月又吸引38亿美元净流入。</p><p style=\"text-align: left;\">Doshi 周三表示，强劲的 ETF 流入让他的团队对黄金长期看涨叙事抱有信心，尽管美联储加息且9月金条交易出现下滑。他说：“我们认为这些是结构性配置，黄金被作为货币、替代法币和多元化对冲工具而买入。”</p><p style=\"text-align: left;\">在 Doshi 看来，随着短期美国国债收益率近几周上升速度快于长期利率 TMUBMUSD10Y 5.284%、TMUBMUSD30Y 5.626%，两者之间的差距已经收窄——这种转变被称为“熊市趋平”。这可能会给经济增长带来更大压力，因为美国消费者和企业可能通过更昂贵的贷款和信贷感受到挤压。</p><p style=\"text-align: left;\">因此，即使利率上升本身通常对黄金构成逆风，Doshi 说，“这也可以支撑黄金作为避险资产和低相关性资产。”低相关性资产指的是那些彼此走势方向不一致的资产。</p><p style=\"text-align: left;\">至于普通投资者应将投资组合中多少比例配置给黄金，EverBank 全球市场总裁 Chris Gaffney 表示，投资者持有最多10%的贵金属可能受益。他说：“许多人将黄金近期的小幅回调视为加仓的理由。”</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/c307757575ffe3d6ca9295ced646627f","relate_stocks":{"GLD":"黄金ETF-SPDR"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1174147442","content_text":"要点最活跃的黄金合约9月下跌近6%，势将创下自6月以来最差月度表现。美国国债收益率攀升和美元走强对黄金构成压力；黄金不支付利息，随着收益率上升而变得不那么有吸引力。尽管下跌，中国人民银行8月增持超过20公吨黄金储备，为2023年以来最大月度购买。每个投资者都知道这套操作：当市场崩溃时，买入黄金。但在9月，这套剧本没有奏效。这种黄色金属本月遭受重创，因油价飙升、通胀担忧卷土重来，而科技股甚至比特币——这些本是投资者在恐慌中应逃离的押注——却大幅走高，并帮助支撑了大盘。最活跃的黄金合约，即12月交割的 GC00（GCZ26），本月下跌6.6%，周三结算于每盎司4,186.70美元——根据道琼斯市场数据，创下自6月以来最差月度表现。这与美国股市形成鲜明对比，9月纳斯达克综合指数 COMP 上涨2.5%，标普500指数 SPX 上涨0.1%。甚至比特币 BTCUSD，全球第一大加密货币、以波动剧烈著称的资产，也已突破86,000美元，并在9月飙升7%，迈向年内最高水平。诚然，黄金是经典的通胀对冲工具——一种稀缺实物资产，随着价格上涨压力导致货币购买力下降，其美元价格往往攀升。这使其在油价上涨、通胀被证明具有粘性、地缘政治紧张局势高企时成为天然避风港。但现在，这种黄色金属陷入拉锯战。油价上涨、持续通胀以及似乎无休止的美伊紧张关系，似乎应支撑金价，但不断攀升的美国国债收益率和走强的美元正把它拉向另一边。这是因为黄金不支付利息，所以随着收益率上升，持有这种金属的机会成本增加。例如，当投资者持有仅两年期美国国债 TMUBMUSD02Y 4.889% 就能赚近5%时，持有一种不产生收益的实物资产就变得不那么有吸引力。LPL Financial 宏观与投资策略主管 Kristian Kerr 表示：“利率上升提高了现金和短期货币市场收益投资的吸引力，从而降低了黄金的相对吸引力，而这些投资在扣除通胀后再次能够为投资者提供正的实际回报。”他指出，许多投资者还卷入了投机狂潮，这推动黄金在去年和2026年初创下新高。美元走强增加了另一个逆风。由于黄金以美元计价，美元上涨会使这种金属对外国投资者不那么有吸引力。根据 FactSet 数据，衡量美元兑六种主要货币强弱的 ICE 美元指数 DXY +0.15% 在9月上涨超过2%。然而，并非所有人都在抛售黄金。对世界各国政府和央行而言，这次下跌可能被视为买入机会。中国央行（PBoC）在8月增持超过20公吨，即65万盎司黄金储备，为2023年以来最大月度购买。根据中国国家外汇管理局数据，这也使中国人民银行的黄金购买连续达到22个月。世界黄金协会美洲高级市场策略师兼公共政策主管 Joe Cavatoni 表示：“中国央行与许多央行一样，正在从更广阔的视角看待其储备战略以及多元化能够带来的好处。”换句话说，政府购买黄金背后的逻辑，与其说是关于通胀或收益率，不如说是关于储备安全。几十年来，世界各国政府和央行一直持有黄金，作为主权金融保障，以应对经济不稳定、通胀和地缘政治风险，希望减少对美元的依赖，并限制对制裁或可能被另一个政府冻结的资产的敞口。世界黄金协会的《2026年央行黄金储备调查》发现，89%的储备管理者预计未来12个月全球央行黄金持有量将上升。Cavatoni 指出，调查显示，央行预计未来五年美元在其储备中的作用将减小。他说：“黄金作为货币资产的角色，使其牢牢留在储备管理者的考量中。”但买入的不只是央行。道富投资管理全球黄金市场主管 Aakash Doshi 表示，投资者仍在将大量资金投入跟踪黄金的交易所交易基金（ETF）。根据道富汇编的数据，ETF 投资者9月继续增持美国上市的黄金相关 ETF，在8月流入79亿美元之后，当月又吸引38亿美元净流入。Doshi 周三表示，强劲的 ETF 流入让他的团队对黄金长期看涨叙事抱有信心，尽管美联储加息且9月金条交易出现下滑。他说：“我们认为这些是结构性配置，黄金被作为货币、替代法币和多元化对冲工具而买入。”在 Doshi 看来，随着短期美国国债收益率近几周上升速度快于长期利率 TMUBMUSD10Y 5.284%、TMUBMUSD30Y 5.626%，两者之间的差距已经收窄——这种转变被称为“熊市趋平”。这可能会给经济增长带来更大压力，因为美国消费者和企业可能通过更昂贵的贷款和信贷感受到挤压。因此，即使利率上升本身通常对黄金构成逆风，Doshi 说，“这也可以支撑黄金作为避险资产和低相关性资产。”低相关性资产指的是那些彼此走势方向不一致的资产。至于普通投资者应将投资组合中多少比例配置给黄金，EverBank 全球市场总裁 Chris Gaffney 表示，投资者持有最多10%的贵金属可能受益。他说：“许多人将黄金近期的小幅回调视为加仓的理由。”","news_type":1,"symbols_score_info":{"GCmain":2,"GLD":2}},"isVote":1,"tweetType":1,"viewCount":475,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":382241533423800,"gmtCreate":1734351634177,"gmtModify":1734351636270,"author":{"id":"315589188118110","authorId":"315589188118110","name":"吃老虎的猪","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"315589188118110","authorIdStr":"315589188118110"},"themes":[],"title":"","htmlText":"奶茶与共","listText":"奶茶与共","text":"奶茶与共","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/382241533423800","repostId":"2491658344","repostType":2,"isVote":1,"tweetType":1,"viewCount":2978,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":309777592078392,"gmtCreate":1716633401766,"gmtModify":1716633403737,"author":{"id":"315589188118110","authorId":"315589188118110","name":"吃老虎的猪","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"315589188118110","authorIdStr":"315589188118110"},"themes":[],"title":"","htmlText":"谁是你兄弟！","listText":"谁是你兄弟！","text":"谁是你兄弟！","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/309777592078392","repostId":"2438025367","repostType":2,"isVote":1,"tweetType":1,"viewCount":4169,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":905947884,"gmtCreate":1560147183048,"gmtModify":1704699487073,"author":{"id":"315589188118110","authorId":"315589188118110","name":"吃老虎的猪","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"315589188118110","authorIdStr":"315589188118110"},"themes":[],"title":"","htmlText":"这篇文章不错，转发给大家看","listText":"这篇文章不错，转发给大家看","text":"这篇文章不错，转发给大家看","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/905947884","repostId":"1906500793","repostType":2,"isVote":1,"tweetType":1,"viewCount":4418,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":65198,"gmtCreate":1497063432775,"gmtModify":1704877663857,"author":{"id":"315589188118110","authorId":"315589188118110","name":"吃老虎的猪","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"315589188118110","authorIdStr":"315589188118110"},"themes":[],"title":"阿里是家伟大的公司","htmlText":"$BABA 20170616 139.0 PUT(BABA)$ 中国大陆只有两家伟大的公司阿里和腾讯，本人却从未在这两只股票做多赚钱，总觉得有点类似48元的中石油，或许能依赖动物精神冲高到96，但在全球经济低增长大环境下终究会归于平稳。至于优秀企业的盈利、增长、品牌、护城河等都完成反应在当前股价中了。","listText":"$BABA 20170616 139.0 PUT(BABA)$ 中国大陆只有两家伟大的公司阿里和腾讯，本人却从未在这两只股票做多赚钱，总觉得有点类似48元的中石油，或许能依赖动物精神冲高到96，但在全球经济低增长大环境下终究会归于平稳。至于优秀企业的盈利、增长、品牌、护城河等都完成反应在当前股价中了。","text":"$BABA 20170616 139.0 PUT(BABA)$ 中国大陆只有两家伟大的公司阿里和腾讯，本人却从未在这两只股票做多赚钱，总觉得有点类似48元的中石油，或许能依赖动物精神冲高到96，但在全球经济低增长大环境下终究会归于平稳。至于优秀企业的盈利、增长、品牌、护城河等都完成反应在当前股价中了。","images":[{"img":"https://static.laohu8.com/a841ffb05d6c8db9c942a0e706cc0a75"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/65198","isVote":1,"tweetType":1,"viewCount":10408,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":63047,"gmtCreate":1496381854647,"gmtModify":1704877386039,"author":{"id":"315589188118110","authorId":"315589188118110","name":"吃老虎的猪","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"315589188118110","authorIdStr":"315589188118110"},"themes":[],"title":"猪友的表现","htmlText":"猪比老虎厉害","listText":"猪比老虎厉害","text":"猪比老虎厉害","images":[{"img":"https://static.laohu8.com/92b528c3e0fc847c291bdadde5c2e4e2"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":12,"commentSize":12,"repostSize":0,"link":"https://laohu8.com/post/63047","isVote":1,"tweetType":1,"viewCount":9055,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"212008496769156","authorId":"212008496769156","name":"捷克Jack","avatar":"https://static.tigerbbs.com/7cc48e563d37c21562541a2874ce20e4","crmLevel":4,"crmLevelSwitch":0,"idStr":"212008496769156","authorIdStr":"212008496769156"},"content":"所以，猪队友是标普大盘？","text":"所以，猪队友是标普大盘？","html":"所以，猪队友是标普大盘？"}],"imageCount":1,"langContent":"CN","totalScore":0},{"id":62402,"gmtCreate":1496157412858,"gmtModify":1704877302594,"author":{"id":"315589188118110","authorId":"315589188118110","name":"吃老虎的猪","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"315589188118110","authorIdStr":"315589188118110"},"themes":[],"title":"退出巴黎气候协定","htmlText":"$三倍做空天然气ETN(VelocityShares)(DGAZ)$ 美国又要开始烧煤？","listText":"$三倍做空天然气ETN(VelocityShares)(DGAZ)$ 美国又要开始烧煤？","text":"$三倍做空天然气ETN(VelocityShares)(DGAZ)$ 美国又要开始烧煤？","images":[{"img":"https://static.laohu8.com/0fd28c3c254e2f440671f359dd0eea0b"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/62402","isVote":1,"tweetType":1,"viewCount":7097,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":57110,"gmtCreate":1493878040679,"gmtModify":1704876652465,"author":{"id":"315589188118110","authorId":"315589188118110","name":"吃老虎的猪","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"315589188118110","authorIdStr":"315589188118110"},"themes":[],"title":"显微镜下每家公司都是问题","htmlText":"$中国恒大(03333)$ 长期多指数，短期空个股","listText":"$中国恒大(03333)$ 长期多指数，短期空个股","text":"$中国恒大(03333)$ 长期多指数，短期空个股","images":[{"img":"https://static.laohu8.com/c8555b5205f25c77cfcddf95ff913a02"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/57110","isVote":1,"tweetType":1,"viewCount":8123,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":55394,"gmtCreate":1493010127504,"gmtModify":1704876435235,"author":{"id":"315589188118110","authorId":"315589188118110","name":"吃老虎的猪","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"315589188118110","authorIdStr":"315589188118110"},"themes":[],"title":"下一个辉山","htmlText":"$中国恒大(03333)$ 想靠买买买和加杆杠支撑股价，最终无法逃脱大跌","listText":"$中国恒大(03333)$ 想靠买买买和加杆杠支撑股价，最终无法逃脱大跌","text":"$中国恒大(03333)$ 想靠买买买和加杆杠支撑股价，最终无法逃脱大跌","images":[{"img":"https://static.laohu8.com/de79455aa72a3821da4bc9632a2f3c6d"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/55394","isVote":1,"tweetType":1,"viewCount":6113,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0}],"defaultTab":"posts","isTTM":false}