?????:??????????3%,??????????

????:??????:??????

?“????”???????????????,???????,????????

????,10??????????????8??,??????,????????1.08%??22849.23??,??????????1.73%,?1.16%?????????????????????,??15%,?????????8%;????,?14%???????14%?

????,????????,??3%,?????5%,????4%??,?22%,?????????19%,??????18%?

??????,“?????”???(10??????1???????10?4?????)????????????,??????,????????10%,?????7.6%?

????,???????225?????????????1.9%,?100???????????0.5%,???0.1%?

?500??0.2%??????0.3%,?????0.9%,????DAX????????1.1%,??????CAC40???????????1.2%,????????Senssex30??3.1%?

??????????????,???????????????,?????????????

??????????,??,????11%,???11.92%???????????????????????????????????????,????????????????10%,?????????10.70%?10.69%?10.51%?????????????????10.43%?

??????????????????????????????????9%,?????????????9.47%?9.29%??????9.07%?

????????,????????”???????????,???????????????,??

?,????????????????10%,??4??????????????????????????,????9??30%?

???????,??,??????????,??????,???80%????????????(???????????????)??????????????????

“?????,???????????????????;????70%??????,??ADR????????ADR???,????????????????????(??????????????),???????,??????????,???”?????????

????????,????????,??

???????,?,??,?,????????,????????????,?????,???????????,???? ????????????????,?????????????,???????????????????????????,????,????50%???????

“???,??????,????????????????????,???????4??????11.8???????,????????????2019?????????2023?????21.94%?????2.92%?”??

?????????????????,???,????2023??4??2024??3???????????????81.8??,8????????????PCE???????2.2%,??????????????2021???????????3????????????,9???????????????50bp?????????????,????

“?????????,?,?????????????????????????????A????????,???”???????

??,??,?,???????????,???????????,???????????,????????????19.5????????????????,?????1??,???????????????????32.5%?

????????????:?????