{"id":10165470,"date":"2026-05-12T10:40:36","date_gmt":"2026-05-12T02:40:36","guid":{"rendered":"https:\/\/twkeypoint.com\/?p=10165470"},"modified":"2026-05-12T10:40:36","modified_gmt":"2026-05-12T02:40:36","slug":"%e5%8f%b0%e7%81%a3%e6%96%b0%e8%81%9e%e9%80%9a%e8%a8%8a%e7%a4%be-%e7%89%9b%e5%b8%82%e9%82%84%e6%98%af%e6%b3%a1%e6%b2%ab%ef%bc%9f%e5%a4%a7%e8%b3%a3%e7%a9%ba%e8%b2%9d%e7%91%9e%e8%ad%a6%e7%a4%ba%e7%be%8e","status":"publish","type":"post","link":"https:\/\/twkeypoint.com\/index.php\/2026\/05\/12\/%e5%8f%b0%e7%81%a3%e6%96%b0%e8%81%9e%e9%80%9a%e8%a8%8a%e7%a4%be-%e7%89%9b%e5%b8%82%e9%82%84%e6%98%af%e6%b3%a1%e6%b2%ab%ef%bc%9f%e5%a4%a7%e8%b3%a3%e7%a9%ba%e8%b2%9d%e7%91%9e%e8%ad%a6%e7%a4%ba%e7%be%8e\/","title":{"rendered":"\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-\u725b\u5e02\u9084\u662f\u6ce1\u6cab\uff1f\u5927\u8ce3\u7a7a\u8c9d\u745e\u8b66\u793a\u7f8e\u80a1\u6050\u53cd\u8f49 \u5927\u591a\u982d\u4ecd\u558a\u6a19\u666e\u9577\u7dda\u885d\u842c\u9ede"},"content":{"rendered":"\n<div class=\"wp-block-columns is-layout-flex wp-container-3 wp-block-columns-is-layout-flex\">\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:66.66%\">\n\n<p>\n<\/p>\n\n\n<p>\n<a href=\"https:\/\/uc.udn.com.tw\/photo\/t3\/2026\/05\/12\/34938077.jpg\">\n<img decoding=\"async\" src=\"https:\/\/uc.udn.com.tw\/photo\/t3\/2026\/05\/12\/34938077.jpg\" style=\"max-width:100%;\">\n<\/a>\n<\/p>\n\n\n<p>\n<\/p>\n\n\n<p>\n\u300a\u5927\u8ce3\u7a7a\u300b\u539f\u578b\u4eba\u7269\u8c9d\u745e\u8b66\u544a\uff0c\u79d1\u6280\u80a1\u4f30\u503c\u5df2\u903c\u8fd1\u4e0d\u53ef\u6301\u7e8c\u6c34\u6e96\uff0c\u76ee\u524d\u5e02\u5834\u60c5\u6cc1\u8207\u7db2\u8def\u6ce1\u6cab\u7834\u88c2\u524d\u9ad8\u5ea6\u76f8\u4f3c\u3002\u7f8e\u806f\u793e<\/p>\n\n\n<p>\n<\/p>\n\n\n<p>\n<\/p>\n\n\n<p>\n\u83ef\u723e\u8857\u5c0d\u7f8e\u80a1\u5f8c\u5e02\u7684\u770b\u6cd5\u51fa\u73fe\u5206\u6b67\u3002\u96fb\u5f71\u300a\u5927\u8ce3\u7a7a\u300b\u539f\u578b\u4eba\u7269\u3001\u77e5\u540d\u6295\u8cc7\u4eba\u8c9d\u745e\uff08Michael Burry\uff09\u5728Substack\u767c\u6587\u8b66\u544a\uff0c\u79d1\u6280\u80a1\u5728\u7d93\u6b77\u4e00\u8f2a\u300c\u62cb\u7269\u7dda\u5f0f\u300d\u98c6\u5347\u3001\u4f30\u503c\u9054\u5230\u4e0d\u53ef\u6301\u7e8c\u7684\u9ad8\u5ea6\u5f8c\uff0c\u90a3\u65af\u9054\u514b100\u6307\u6578\u6050\u9762\u81e8\u6025\u5287\u53cd\u8f49\u3002\u4f46\u9577\u671f\u770b\u591a\u7684\u83ef\u723e\u8857\u7b56\u7565\u5e2b\u96c5\u5fb7\u5c3c\uff08Ed Yardeni\uff09\u9810\u6e2c\u6a19\u666e500\u6307\u6578\u4eca\u5e74\u5e95\u7a81\u78348,000\u9ede\uff0c2029\u5e74\u524d\u53ef\u80fd\u885d\u4e0a10,000\u9ede\u3002<\/p>\n\n\n<p>\n<\/p>\n\n\n<p>\n<\/p>\n\n\n<p>\n<\/p>\n\n\n<p>\n<\/p>\n\n\n<p>\n\n<\/p>\n\n\n<p>\n\u8c9d\u745e\u8a8d\u70ba\uff0c\u76ee\u524d\u5e02\u5834\u60c5\u6cc1\u8207\u7db2\u8def\u6ce1\u6cab\u7834\u88c2\u524d\u9ad8\u5ea6\u76f8\u4f3c\u3002\u4ed6\u4f30\u7b97\u90a3\u65af\u9054\u514b100\u6307\u6578\u672c\u76ca\u6bd4\u7d04\u905443\u500d\uff0c\u9060\u9ad8\u65bc\u7d0430\u500d\u7684\u5408\u7406\u6c34\u6e96\uff0c\u56e0\u70ba\u83ef\u723e\u8857\u5c0d\u6210\u9577\u6700\u5feb\u3001\u4f30\u503c\u6700\u9ad8\u79d1\u6280\u516c\u53f8\u7684\u7372\u5229\u9810\u4f30\u300c\u9ad8\u4f30\u4e8650%\u300d\u3002<\/p>\n\n\n<p>\n<\/p>\n\n\n<p>\n<\/p>\n\n\n<p>\n<\/p>\n\n\n<p>\n<\/p>\n\n\n<p>\n\n<\/p>\n\n\n<p>\n\u4ed6\u5c07\u7576\u524d\u5c40\u9762\u6bd4\u4f5c\u300c\u8840\u8165\u8eca\u798d\u767c\u751f\u524d\u7684\u6700\u5f8c\u5e7e\u5206\u9418\u300d\uff0c\u4f46\u4e0d\u5efa\u8b70\u76f4\u63a5\u505a\u7a7a\u80a1\u7968\uff0c\u56e0\u70ba\u770b\u8dcc\u671f\u6b0a\u6210\u672c\u904e\u9ad8\uff0c\u800c\u4e14\u5bb9\u6613\u56e0\u6642\u6a5f\u932f\u8aa4\u800c\u8499\u53d7\u91cd\u5927\u640d\u5931\u3002\u4ed6\u547c\u7c72\u8d81\u6f32\u52e2\u9010\u6b65\u7372\u5229\u4e86\u7d50\uff0c\u964d\u4f4e\u6574\u9ad4\u80a1\u7968\u66dd\u96aa\uff0c\u5c24\u5176\u662f\u79d1\u6280\u80a1\u3002<\/p>\n\n\n<p>\n<\/p>\n\n\n<p>\n<\/p>\n\n\n<p>\n<\/p>\n\n\n<p>\n<\/p>\n\n\n<p>\n\n<\/p>\n\n\n<p>\n\u8c9d\u745e\u8aaa\uff0c\u5373\u4fbf\u5e02\u5834\u72c2\u6b61\u9084\u80fd\u6301\u7e8c\u6578\u5468\u3001\u6578\u6708\u751a\u81f3\u4e00\u5e74\uff0c\u6b77\u53f2\u6700\u7d42\u5f80\u5f80\u90fd\u6703\u5c0e\u5411\u50f9\u683c\u5927\u5e45\u4fee\u6b63\uff0c\u300c\u6211\u5011\u6b63\u9032\u5165\u4e00\u500b\u6975\u70ba\u7f55\u898b\u7684\u968e\u6bb5\uff0c\u5176\u6975\u7aef\u7a0b\u5ea6\u5c07\u5e36\u4f86\u4e0d\u53ef\u907f\u514d\u7684\u5f8c\u679c\u300d\u3002<\/p>\n\n\n<p>\n<\/p>\n\n\n<p>\n<\/p>\n\n\n<p>\n<\/p>\n\n\n<p>\n<\/p>\n\n\n<p>\n\n<\/p>\n\n\n<p>\n\u8207\u6b64\u5f62\u6210\u5f37\u70c8\u5c0d\u6bd4\u7684\u662f\u96c5\u5fb7\u5c3c\u7684\u6a02\u89c0\u770b\u6cd5\u3002\u9019\u4f4d\u96c5\u5fb7\u5c3c\u7814\u7a76\u516c\u53f8\uff08Yardeni Research\uff09\u9996\u5e2d\u6295\u8cc7\u7b56\u7565\u5e2b\u5468\u65e5\u767c\u5e03\u5831\u544a\uff0c\u628a\u6a19\u666e500\u6307\u6578\u5e74\u5e95\u76ee\u6a19\u50f9\u5f9e7,700\u9ede\u4e0a\u8abf\u81f38,250\u9ede\uff0c\u8f03\u4e0a\u5468\u4e94\u6536\u76e4\u50f9\u4ecd\u6709\u8fd112%\u7684\u4e0a\u884c\u7a7a\u9593\uff0c\u6210\u70ba\u5f6d\u535a\u8ffd\u8e64\u7b56\u7565\u5e2b\u4e2d\u6700\u6a02\u89c0\u7684\u9810\u6e2c\u3002<\/p>\n\n\n<p>\n<\/p>\n\n\n<p>\n<\/p>\n\n\n<p>\n<\/p>\n\n\n<p>\n<\/p>\n\n\n<p>\n\n<\/p>\n\n\n<p>\n\u4ed6\u540c\u6642\u5c07\u4eca\u5e74\u4f01\u696d\u6bcf\u80a1\u7d14\u76ca\uff08EPS\uff09\u9810\u6e2c\u7531310\u7f8e\u5143\u8abf\u9ad8\u81f3330\u7f8e\u5143\uff0c2027\u5e74\u9810\u6e2c\u4e5f\u7531350\u7f8e\u5143\u63d0\u9ad8\u81f3375\u7f8e\u5143\u3002<\/p>\n\n\n<p>\n<\/p>\n\n\n<p>\n<\/p>\n\n\n<p>\n<\/p>\n\n\n<p>\n<\/p>\n\n\n<p>\n\n<\/p>\n\n\n<p>\n\u96c5\u5fb7\u5c3c\u8868\u793a\uff1a\u300c\u6211\u5011\u5f9e\u672a\u898b\u904e\u50cf\u8fd1\u5e7e\u500b\u6708\u4f86\u9019\u6a23\uff0c\u5e02\u5834\u5982\u6b64\u5feb\u901f\u4e0a\u4fee\u7576\u524d\u8207\u672a\u4f86\u5e7e\u5e74\u7684\u7372\u5229\u9810\u671f\uff0c\u7d50\u679c\u662f\u80a1\u5e02\u51fa\u73fe\u7531\u7372\u5229\u9a45\u52d5\u7684\u878d\u6f32\u3002\u300d<\/p>\n\n\n<p>\n<\/p>\n\n\n<p>\n<\/p>\n\n\n<p>\n<\/p>\n\n\n<p>\n<\/p>\n\n\n<p>\n\n<\/p>\n\n\n<p>\n\u4e2d\u6771\u6230\u4e8b\u4ecd\u88ab\u8996\u70ba\u7f8e\u80a1\u6700\u5927\u98a8\u96aa\u4e4b\u4e00\u3002\u5118\u7ba1\u5e02\u5834\u5c0d\u5730\u7de3\u653f\u6cbb\u6d88\u606f\u7684\u654f\u611f\u5ea6\u4e0b\u964d\uff0c\u4f46\u6cb9\u50f9\u4f9d\u820a\u7dad\u6301\u9ad8\u6a94\u3002\u96c5\u5fb7\u5c3c\u8b66\u544a\uff0c\u82e5\u885d\u7a81\u518d\u5ea6\u5347\u7d1a\uff0c\u53ef\u80fd\u5e36\u4f86\u66f4\u68d8\u624b\u7684\u505c\u6eef\u6027\u901a\u81a8\u98a8\u96aa\u3002\u5373\u4fbf\u5982\u6b64\uff0c\u4ed6\u4ecd\u5805\u6301\u770b\u591a\uff0c\u8a8d\u70ba\u9019\u8f2a\u7531AI\u9a45\u52d5\u7684\u725b\u5e02\u4ecd\u6709\u5ef6\u7e8c\u7a7a\u9593\u3002<\/p>\n\n\n<p>\n<\/p>\n\n\n<p>\n<\/p>\n\n\n<p>\n<\/p>\n\n\n<p>\n<\/p>\n\n\n<p>\n<\/p>\n\n\n<p>\n2026\/05\/12 10:40<\/p>\n\n\n<p>\n\u8f49\u8f09\u81ea\u806f\u5408\u65b0\u805e\u7db2: https:\/\/udn.com\/news\/story\/6811\/9496928?from=udn-ch1_breaknews-1-99-news<\/p>\n\n<\/div>\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:30%\">\n<div id=\"point2\"  class=\"ultp-post-grid-block wp-block-ultimate-post-post-list-3 ultp-block-\"><div class=\"ultp-block-wrapper\"><div class=\"ultp-loading\"><div class=\"ultp-loading-blocks\" style=\"width:100%;height:100%;\"><div style=\"left: 0;top: 0;animation-delay:0s;\"><\/div><div style=\"left: 21px;top: 0;animation-delay:0.125s;\"><\/div><div style=\"left: 42px;top: 0;animation-delay:0.25s;\"><\/div><div style=\"left: 0;top: 21px;animation-delay:0.875s;\"><\/div><div style=\"left: 42px;top: 21px;animation-delay:0.375s;\"><\/div><div style=\"left: 0;top: 42px;animation-delay:0.75s;\"><\/div><div style=\"left: 42px;top: 42px;animation-delay:0.625s;\"><\/div><div style=\"left: 21px;top: 42px;animation-delay:0.5s;\"><\/div><\/div><\/div><div class=\"ultp-heading-filter\"><div class=\"ultp-heading-filter-in\"><div class=\"ultp-heading-wrap ultp-heading-style20 ultp-heading-center\"><h2 class=\"ultp-heading-inner\"><span>\u6700\u65b0\u6587\u7ae0<\/span><\/h2><\/div><\/div><\/div><div class=\"ultp-block-items-wrap ultp-block-row ultp-block-column-1 ultp-block-content-bottom ultp-layout1\"><div class=\"ultp-block-item ultp-block-media post-id-10168304\"><div class=\"ultp-block-content-wrap\"><div class=\"ultp-block-content\"><h3 class=\"ultp-block-title \"><a href=\"https:\/\/twkeypoint.com\/index.php\/2026\/05\/12\/%e5%8f%b0%e7%81%a3%e6%96%b0%e8%81%9e%e9%80%9a%e8%a8%8a%e7%a4%be-%e9%bb%83%e6%9b%89%e6%98%8e%e9%81%ad%e7%88%86%e7%8f%be%e8%ba%ab%e5%a9%a6%e7%94%a2%e7%a7%91-%e7%b6%b2%e7%98%8b%e7%8c%9c%e3%80%8c%e5%86%8d\/\" >\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-\u9ec3\u66c9\u660e\u906d\u7206\u73fe\u8eab\u5a66\u7522\u79d1 \u7db2\u760b\u731c\u300c\u518d\u7576\u7238\uff1f\u300d\u5de5\u4f5c\u5ba4\u6025\u767c\u8072<\/a><\/h3><\/div><\/div><\/div><div class=\"ultp-block-item ultp-block-media post-id-10168301\"><div class=\"ultp-block-content-wrap\"><div class=\"ultp-block-content\"><h3 class=\"ultp-block-title \"><a href=\"https:\/\/twkeypoint.com\/index.php\/2026\/05\/12\/%e5%8f%b0%e7%81%a3%e6%96%b0%e8%81%9e%e9%80%9a%e8%a8%8a%e7%a4%be-%e6%96%b0%e5%8c%97%e5%85%ac%e5%9c%92%e6%ad%a5%e9%81%93%e6%9a%97%e8%97%8f15%e5%85%ac%e5%88%86%e9%ab%98%e4%bd%8e%e5%b7%ae-%e9%9a%b1\/\" >\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-\u65b0\u5317\u516c\u5712\u6b65\u9053\u6697\u85cf15\u516c\u5206\u9ad8\u4f4e\u5dee \u96b1\u5f62\u9677\u9631\u5bb3\u6c11\u773e\u53d7\u50b7<\/a><\/h3><\/div><\/div><\/div><div class=\"ultp-block-item ultp-block-media post-id-10168298\"><div class=\"ultp-block-content-wrap\"><div class=\"ultp-block-content\"><h3 class=\"ultp-block-title \"><a href=\"https:\/\/twkeypoint.com\/index.php\/2026\/05\/12\/%e5%8f%b0%e7%81%a3%e6%96%b0%e8%81%9e%e9%80%9a%e8%a8%8a%e7%a4%be-%e6%9b%be%e8%94%a1%e7%be%8e%e4%bd%90%e9%81%ad%e7%99%bd%e8%a1%a3%e4%ba%ba%e8%a5%b2%e6%93%8a-%e4%bd%8f%e9%99%a2%e5%90%90%e5%bf%83\/\" >\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-\u66fe\u8521\u7f8e\u4f50\u906d\u767d\u8863\u4eba\u8972\u64ca \u4f4f\u9662\u5410\u5fc3\u8072\uff1a\u53ea\u6c42\u6cd5\u5f8b\u7d66\u516c\u5e73\u6b63\u7fa9<\/a><\/h3><\/div><\/div><\/div><div class=\"ultp-block-item ultp-block-media post-id-10168295\"><div class=\"ultp-block-content-wrap\"><div class=\"ultp-block-content\"><h3 class=\"ultp-block-title \"><a href=\"https:\/\/twkeypoint.com\/index.php\/2026\/05\/12\/%e5%8f%b0%e7%81%a3%e6%96%b0%e8%81%9e%e9%80%9a%e8%a8%8a%e7%a4%be-%e5%ae%87%e6%a8%b9%e7%99%bc%e8%a1%a8%e5%85%a8%e7%90%83%e9%a6%96%e6%ac%be%e8%bc%89%e4%ba%ba%e8%ae%8a%e5%bd%a2%e6%a9%9f%e7%94%b2%e3%80%80\/\" >\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-\u5b87\u6a39\u767c\u8868\u5168\u7403\u9996\u6b3e\u8f09\u4eba\u8b8a\u5f62\u6a5f\u7532\u3000\u8d77\u50f91800\u842c\u5143<\/a><\/h3><\/div><\/div><\/div><div class=\"ultp-block-item ultp-block-media post-id-10168292\"><div class=\"ultp-block-content-wrap\"><div class=\"ultp-block-content\"><h3 class=\"ultp-block-title \"><a href=\"https:\/\/twkeypoint.com\/index.php\/2026\/05\/12\/%e5%8f%b0%e7%81%a3%e6%96%b0%e8%81%9e%e9%80%9a%e8%a8%8a%e7%a4%be-%e8%ac%9d%e8%a1%a3%e9%b3%af%e5%8f%83%e9%81%b8%e7%84%a1%e6%9c%9b-%e5%9c%8b%e6%b0%91%e9%bb%a8%e6%98%8e%e5%be%b5%e5%8f%ac%e9%ad%8f-2\/\" >\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-\u8b1d\u8863\u9cef\u53c3\u9078\u7121\u671b \u570b\u6c11\u9ee8\u660e\u5fb5\u53ec\u9b4f\u5e73\u653f\u51fa\u6230\u5f70\u5316\u7e23\u9577<\/a><\/h3><\/div><\/div><\/div><\/div><\/div><div class=\"pagination-block-html\" aria-hidden=\"true\" style=\"display: none;\"><\/div><\/div>\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\">\n<\/div>\n\n<div id=\"point3\"  class=\"ultp-post-grid-block wp-block-ultimate-post-post-list-3 ultp-block-\"><div class=\"ultp-block-wrapper\"><div class=\"ultp-loading\"><div class=\"ultp-loading-blocks\" style=\"width:100%;height:100%;\"><div style=\"left: 0;top: 0;animation-delay:0s;\"><\/div><div style=\"left: 21px;top: 0;animation-delay:0.125s;\"><\/div><div style=\"left: 42px;top: 0;animation-delay:0.25s;\"><\/div><div style=\"left: 0;top: 21px;animation-delay:0.875s;\"><\/div><div style=\"left: 42px;top: 21px;animation-delay:0.375s;\"><\/div><div style=\"left: 0;top: 42px;animation-delay:0.75s;\"><\/div><div style=\"left: 42px;top: 42px;animation-delay:0.625s;\"><\/div><div style=\"left: 21px;top: 42px;animation-delay:0.5s;\"><\/div><\/div><\/div><div class=\"ultp-heading-filter\"><div class=\"ultp-heading-filter-in\"><div class=\"ultp-heading-wrap ultp-heading-style20 ultp-heading-center\"><h2 class=\"ultp-heading-inner\"><span>\u672c\u9031\u71b1\u9580\u6587\u7ae0<\/span><\/h2><\/div><\/div><\/div><div class=\"ultp-block-items-wrap ultp-block-row ultp-block-column-1 ultp-block-content-bottom ultp-layout1\"><div class=\"ultp-block-item ultp-block-media post-id-10168304\"><div class=\"ultp-block-content-wrap\"><div class=\"ultp-block-content\"><h3 class=\"ultp-block-title \"><a href=\"https:\/\/twkeypoint.com\/index.php\/2026\/05\/12\/%e5%8f%b0%e7%81%a3%e6%96%b0%e8%81%9e%e9%80%9a%e8%a8%8a%e7%a4%be-%e9%bb%83%e6%9b%89%e6%98%8e%e9%81%ad%e7%88%86%e7%8f%be%e8%ba%ab%e5%a9%a6%e7%94%a2%e7%a7%91-%e7%b6%b2%e7%98%8b%e7%8c%9c%e3%80%8c%e5%86%8d\/\" >\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-\u9ec3\u66c9\u660e\u906d\u7206\u73fe\u8eab\u5a66\u7522\u79d1 \u7db2\u760b\u731c\u300c\u518d\u7576\u7238\uff1f\u300d\u5de5\u4f5c\u5ba4\u6025\u767c\u8072<\/a><\/h3><\/div><\/div><\/div><div class=\"ultp-block-item ultp-block-media post-id-10168301\"><div class=\"ultp-block-content-wrap\"><div class=\"ultp-block-content\"><h3 class=\"ultp-block-title \"><a href=\"https:\/\/twkeypoint.com\/index.php\/2026\/05\/12\/%e5%8f%b0%e7%81%a3%e6%96%b0%e8%81%9e%e9%80%9a%e8%a8%8a%e7%a4%be-%e6%96%b0%e5%8c%97%e5%85%ac%e5%9c%92%e6%ad%a5%e9%81%93%e6%9a%97%e8%97%8f15%e5%85%ac%e5%88%86%e9%ab%98%e4%bd%8e%e5%b7%ae-%e9%9a%b1\/\" >\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-\u65b0\u5317\u516c\u5712\u6b65\u9053\u6697\u85cf15\u516c\u5206\u9ad8\u4f4e\u5dee \u96b1\u5f62\u9677\u9631\u5bb3\u6c11\u773e\u53d7\u50b7<\/a><\/h3><\/div><\/div><\/div><div class=\"ultp-block-item ultp-block-media post-id-10168298\"><div class=\"ultp-block-content-wrap\"><div class=\"ultp-block-content\"><h3 class=\"ultp-block-title \"><a href=\"https:\/\/twkeypoint.com\/index.php\/2026\/05\/12\/%e5%8f%b0%e7%81%a3%e6%96%b0%e8%81%9e%e9%80%9a%e8%a8%8a%e7%a4%be-%e6%9b%be%e8%94%a1%e7%be%8e%e4%bd%90%e9%81%ad%e7%99%bd%e8%a1%a3%e4%ba%ba%e8%a5%b2%e6%93%8a-%e4%bd%8f%e9%99%a2%e5%90%90%e5%bf%83\/\" >\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-\u66fe\u8521\u7f8e\u4f50\u906d\u767d\u8863\u4eba\u8972\u64ca \u4f4f\u9662\u5410\u5fc3\u8072\uff1a\u53ea\u6c42\u6cd5\u5f8b\u7d66\u516c\u5e73\u6b63\u7fa9<\/a><\/h3><\/div><\/div><\/div><div class=\"ultp-block-item ultp-block-media post-id-10168295\"><div class=\"ultp-block-content-wrap\"><div class=\"ultp-block-content\"><h3 class=\"ultp-block-title \"><a href=\"https:\/\/twkeypoint.com\/index.php\/2026\/05\/12\/%e5%8f%b0%e7%81%a3%e6%96%b0%e8%81%9e%e9%80%9a%e8%a8%8a%e7%a4%be-%e5%ae%87%e6%a8%b9%e7%99%bc%e8%a1%a8%e5%85%a8%e7%90%83%e9%a6%96%e6%ac%be%e8%bc%89%e4%ba%ba%e8%ae%8a%e5%bd%a2%e6%a9%9f%e7%94%b2%e3%80%80\/\" >\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-\u5b87\u6a39\u767c\u8868\u5168\u7403\u9996\u6b3e\u8f09\u4eba\u8b8a\u5f62\u6a5f\u7532\u3000\u8d77\u50f91800\u842c\u5143<\/a><\/h3><\/div><\/div><\/div><div class=\"ultp-block-item ultp-block-media post-id-10168292\"><div class=\"ultp-block-content-wrap\"><div class=\"ultp-block-content\"><h3 class=\"ultp-block-title \"><a href=\"https:\/\/twkeypoint.com\/index.php\/2026\/05\/12\/%e5%8f%b0%e7%81%a3%e6%96%b0%e8%81%9e%e9%80%9a%e8%a8%8a%e7%a4%be-%e8%ac%9d%e8%a1%a3%e9%b3%af%e5%8f%83%e9%81%b8%e7%84%a1%e6%9c%9b-%e5%9c%8b%e6%b0%91%e9%bb%a8%e6%98%8e%e5%be%b5%e5%8f%ac%e9%ad%8f-2\/\" >\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-\u8b1d\u8863\u9cef\u53c3\u9078\u7121\u671b \u570b\u6c11\u9ee8\u660e\u5fb5\u53ec\u9b4f\u5e73\u653f\u51fa\u6230\u5f70\u5316\u7e23\u9577<\/a><\/h3><\/div><\/div><\/div><\/div><\/div><div class=\"pagination-block-html\" aria-hidden=\"true\" style=\"display: none;\"><\/div><\/div>\n\n<hr class=\"wp-block-separator\"\/>\n\n<div id=\"point4\"  class=\"ultp-post-grid-block wp-block-ultimate-post-post-grid-2 ultp-block-\"><div class=\"ultp-block-wrapper\"><div class=\"ultp-loading\"><div class=\"ultp-loading-blocks\" style=\"width:100%;height:100%;\"><div style=\"left: 0;top: 0;animation-delay:0s;\"><\/div><div style=\"left: 21px;top: 0;animation-delay:0.125s;\"><\/div><div style=\"left: 42px;top: 0;animation-delay:0.25s;\"><\/div><div style=\"left: 0;top: 21px;animation-delay:0.875s;\"><\/div><div style=\"left: 42px;top: 21px;animation-delay:0.375s;\"><\/div><div style=\"left: 0;top: 42px;animation-delay:0.75s;\"><\/div><div style=\"left: 42px;top: 42px;animation-delay:0.625s;\"><\/div><div style=\"left: 21px;top: 42px;animation-delay:0.5s;\"><\/div><\/div><\/div><div class=\"ultp-heading-filter\"><div class=\"ultp-heading-filter-in\"><div class=\"ultp-heading-wrap ultp-heading-style15 ultp-heading-center\"><h2 class=\"ultp-heading-inner\"><span>Post gallery<\/span><\/h2><\/div><\/div><\/div><div class=\"ultp-block-items-wrap ultp-block-row\"><div class=\"ultp-block-item post-id-10147548\"><div class=\"ultp-block-content-wrap ultp-block-content-overlay\"><div class=\"ultp-block-image ultp-block-image-zoomOut\"><a href=\"https:\/\/twkeypoint.com\/index.php\/2026\/05\/05\/%e5%8f%b0%e7%81%a3%e6%96%b0%e8%81%9e%e9%80%9a%e8%a8%8a%e7%a4%be-%e7%be%8e%e5%a4%a7%e4%bd%bf%e6%8a%b9%e9%bb%91%e8%8f%af%e7%82%ba%ef%bc%9f%e9%99%b8%e9%a7%90%e5%b7%b4%e6%8b%bf%e9%a6%ac%e4%bd%bf%e9%a4%a8\/\" ><img decoding=\"async\"  alt=\"\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-\u7f8e\u5927\u4f7f\u62b9\u9ed1\u83ef\u70ba\uff1f\u9678\u99d0\u5df4\u62ff\u99ac\u4f7f\u9928\u65a5\uff1a\u8cca\u558a\u6349\u8cca\"  src=\"https:\/\/twkeypoint.com\/wp-content\/uploads\/2026\/05\/chinatime_figure-227.jpg\" \/><\/a><\/div><div class=\"ultp-block-content ultp-block-content-bottomPosition\"><div class=\"ultp-block-content-inner\"><\/div><\/div><\/div><\/div><div class=\"ultp-block-item post-id-10148831\"><div class=\"ultp-block-content-wrap ultp-block-content-overlay\"><div class=\"ultp-block-image ultp-block-image-zoomOut\"><a href=\"https:\/\/twkeypoint.com\/index.php\/2026\/05\/05\/%e5%8f%b0%e7%81%a3%e6%96%b0%e8%81%9e%e9%80%9a%e8%a8%8a%e7%a4%be-%e8%80%81%e9%bc%a0%e8%81%bd%e5%be%97%e6%87%82%e4%ba%ba%e9%a1%9e%e8%aa%aa%e8%a9%b1%ef%bc%9f%e8%80%81%e4%b8%80%e8%bc%a9%e4%ba%ba%e6%8f%90\/\" ><img decoding=\"async\"  alt=\"\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-\u8001\u9f20\u807d\u5f97\u61c2\u4eba\u985e\u8aaa\u8a71\uff1f\u8001\u4e00\u8f29\u4eba\u63d0\u9192\u53ea\u80fd\u8b1b\u300c\u7c73\u5947\u300d \u5be6\u9a57\u7d50\u679c\u66dd\"  src=\"https:\/\/twkeypoint.com\/wp-content\/uploads\/2026\/05\/chinatime_figure-454.jpg\" \/><\/a><\/div><div class=\"ultp-block-content ultp-block-content-bottomPosition\"><div class=\"ultp-block-content-inner\"><\/div><\/div><\/div><\/div><div class=\"ultp-block-item post-id-10164997\"><div class=\"ultp-block-content-wrap ultp-block-content-overlay\"><div class=\"ultp-block-image ultp-block-image-zoomOut\"><a href=\"https:\/\/twkeypoint.com\/index.php\/2026\/05\/12\/%e5%8f%b0%e7%81%a3%e6%96%b0%e8%81%9e%e9%80%9a%e8%a8%8a%e7%a4%be-%e8%8f%af%e7%88%be%e8%a1%97%e6%97%a5%e5%a0%b1%ef%bc%9a%e9%98%bf%e8%81%af%e7%a5%95%e5%af%86%e7%a9%ba%e8%a5%b2%e4%bc%8a%e6%9c%97-%e7%94%b1\/\" ><img decoding=\"async\"  src=\"https:\/\/twkeypoint.com\/wp-content\/plugins\/ultimate-post\/assets\/img\/ultp-fallback-img.png\" alt=\"dummy-img\" \/><\/a><\/div><div class=\"ultp-block-content ultp-block-content-bottomPosition\"><div class=\"ultp-block-content-inner\"><\/div><\/div><\/div><\/div><div class=\"ultp-block-item post-id-3045122\"><div class=\"ultp-block-content-wrap ultp-block-content-overlay\"><div class=\"ultp-block-image ultp-block-image-zoomOut\"><a href=\"https:\/\/twkeypoint.com\/index.php\/2021\/12\/11\/%e5%8f%b0%e7%81%a3%e6%96%b0%e8%81%9e%e9%80%9a%e8%a8%8a%e7%a4%be-%e4%b8%ad%e5%b8%82%e7%ac%ac%e5%9b%9b%e5%b8%82%e5%a0%b4%e6%b4%bb%e5%8c%96%e9%87%8d%e6%96%b0%e9%96%8b%e5%b9%95-%e7%9b%a7%e5%b8%82%e9%95%b7\/\" ><img decoding=\"async\"  alt=\"\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-\u4e2d\u5e02\u7b2c\u56db\u5e02\u5834\u6d3b\u5316\u91cd\u65b0\u958b\u5e55 \u76e7\u5e02\u9577\uff1a\u517c\u5177\u9752\u5275\u3001\u6587\u5316\u3001\u63d2\u6f2b\u756b\u5143\u7d20\"  src=\"https:\/\/twkeypoint.com\/wp-content\/uploads\/2021\/12\/\u5e02\u5e9c\u5f15\u9032\u6c11\u9593\u8cc7\u6e90\u53ca\u5275\u610f\u6d3b\u5316-\u6253\u9020\u70ba\u517c\u5177\u9752\u5e74\u5275\u696d\u8207\u6587\u5316\u860a\u6db5\u7684\u666f\u9ede-870x570.jpg\" \/><\/a><\/div><div class=\"ultp-block-content ultp-block-content-bottomPosition\"><div class=\"ultp-block-content-inner\"><\/div><\/div><\/div><\/div><div class=\"ultp-block-item post-id-10149211\"><div class=\"ultp-block-content-wrap ultp-block-content-overlay\"><div class=\"ultp-block-image ultp-block-image-zoomOut\"><a href=\"https:\/\/twkeypoint.com\/index.php\/2026\/05\/05\/%e5%8f%b0%e7%81%a3%e6%96%b0%e8%81%9e%e9%80%9a%e8%a8%8a%e7%a4%be-%e8%aa%b0%e8%aa%aa%e7%99%bc%e5%a4%a7%e8%b2%a1%e4%b8%80%e5%ae%9a%e5%be%97%e9%9d%a0%e5%86%92%e9%9a%aa%e5%89%b5%e6%a5%ad%ef%bc%9f%e5%81%9a\/\" ><img decoding=\"async\"  alt=\"\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-\u8ab0\u8aaa\u767c\u5927\u8ca1\u4e00\u5b9a\u5f97\u9760\u5192\u96aa\u5275\u696d\uff1f\u505a\u5c0d\u5341\u500b\u7406\u8ca1\u5c0f\u7fd2\u6163\uff01\u6b7b\u85aa\u6c34\u7167\u6a23\u5b58\u5343\u842c\"  src=\"https:\/\/twkeypoint.com\/wp-content\/uploads\/2026\/05\/setn_figure-1604.jpg\" \/><\/a><\/div><div class=\"ultp-block-content ultp-block-content-bottomPosition\"><div class=\"ultp-block-content-inner\"><\/div><\/div><\/div><\/div><div class=\"ultp-block-item post-id-10163737\"><div class=\"ultp-block-content-wrap ultp-block-content-overlay\"><div class=\"ultp-block-image ultp-block-image-zoomOut\"><a href=\"https:\/\/twkeypoint.com\/index.php\/2026\/05\/11\/%e5%8f%b0%e7%81%a3%e6%96%b0%e8%81%9e%e9%80%9a%e8%a8%8a%e7%a4%be-%e8%b7%9f%e4%b8%8d%e4%b8%8a%e6%99%82%e4%bb%a3%ef%bc%9f%e6%9d%8e%e5%9b%9b%e5%b7%9d%e8%87%aa%e6%9b%9d%e8%87%89%e6%9b%b8%e8%b2%bc%e6%96%87\/\" ><img decoding=\"async\"  alt=\"\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-\u8ddf\u4e0d\u4e0a\u6642\u4ee3\uff1f\u674e\u56db\u5ddd\u81ea\u66dd\u81c9\u66f8\u8cbc\u6587\u89aa\u529b\u89aa\u70ba\uff1a\u9ede\u95b1\u4e0a\u767e\u842c\"  src=\"https:\/\/twkeypoint.com\/wp-content\/uploads\/2026\/05\/chinatime_figure-2234.jpg\" \/><\/a><\/div><div class=\"ultp-block-content ultp-block-content-bottomPosition\"><div class=\"ultp-block-content-inner\"><\/div><\/div><\/div><\/div><\/div><\/div><div class=\"pagination-block-html\" aria-hidden=\"true\" style=\"display: none;\"><\/div><\/div>\n<\/div>\n\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>\u300a\u5927\u8ce3\u7a7a\u300b\u539f\u578b\u4eba\u7269\u8c9d\u745e\u8b66\u544a\uff0c\u79d1 &hellip; <a href=\"https:\/\/twkeypoint.com\/index.php\/2026\/05\/12\/%e5%8f%b0%e7%81%a3%e6%96%b0%e8%81%9e%e9%80%9a%e8%a8%8a%e7%a4%be-%e7%89%9b%e5%b8%82%e9%82%84%e6%98%af%e6%b3%a1%e6%b2%ab%ef%bc%9f%e5%a4%a7%e8%b3%a3%e7%a9%ba%e8%b2%9d%e7%91%9e%e8%ad%a6%e7%a4%ba%e7%be%8e\/\" class=\"more-link\"><span class=\"more-button\">Continue Reading<span class=\"screen-reader-text\">\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-\u725b\u5e02\u9084\u662f\u6ce1\u6cab\uff1f\u5927\u8ce3\u7a7a\u8c9d\u745e\u8b66\u793a\u7f8e\u80a1\u6050\u53cd\u8f49 \u5927\u591a\u982d\u4ecd\u558a\u6a19\u666e\u9577\u7dda\u885d\u842c\u9ede<\/span><\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":10165469,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[6],"tags":[44],"acf":[],"aioseo_notices":[],"featured_image":{"url":"https:\/\/twkeypoint.com\/wp-content\/uploads\/2026\/05\/udn_figure-694.jpg"},"_links":{"self":[{"href":"https:\/\/twkeypoint.com\/index.php\/wp-json\/wp\/v2\/posts\/10165470"}],"collection":[{"href":"https:\/\/twkeypoint.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/twkeypoint.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/twkeypoint.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/twkeypoint.com\/index.php\/wp-json\/wp\/v2\/comments?post=10165470"}],"version-history":[{"count":1,"href":"https:\/\/twkeypoint.com\/index.php\/wp-json\/wp\/v2\/posts\/10165470\/revisions"}],"predecessor-version":[{"id":10165471,"href":"https:\/\/twkeypoint.com\/index.php\/wp-json\/wp\/v2\/posts\/10165470\/revisions\/10165471"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/twkeypoint.com\/index.php\/wp-json\/wp\/v2\/media\/10165469"}],"wp:attachment":[{"href":"https:\/\/twkeypoint.com\/index.php\/wp-json\/wp\/v2\/media?parent=10165470"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/twkeypoint.com\/index.php\/wp-json\/wp\/v2\/categories?post=10165470"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/twkeypoint.com\/index.php\/wp-json\/wp\/v2\/tags?post=10165470"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}