[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"content-doc-dcio56083911":3},{"user":4,"document":8,"mainDocument":27,"columnUrl":29,"subscription":30,"footer":42,"text":77},{"isAuthenticated":5,"isAdmin":5,"displayName":6,"avatarUrl":6,"nid":6,"groupLevel":7},false,"",-10,{"id":9,"fullTitle":10,"subTitle":6,"url":11,"columnId":12,"columnName":13,"columnUrl":14,"summary":6,"contentHtml":15,"mainContentHtml":6,"posterUrl":16,"createDate":17,"displayDate":18,"displayDateSlash":19,"pageviews":20,"tags":21,"hidden":5,"isSubContent":5,"replyDocOrTargetId":6,"contentType":23,"videoId":6,"liveVideoUrl":6,"duration":24,"price":24,"priceText":25,"priceBadgeText":25,"priceBadgeClass":26,"freeForMinGroupLevel":24,"redirectUrl":6,"readyToStream":5},"dcio56083911","台股“松绑”引爆台积电(TSM)！放宽基金单一持股限制至25%，小摩称有望吸引超600亿美元资金","\u002Fdoc\u002Fdcio56083911","col18178739ee","美股资讯","\u002Fcol\u002Fcol18178739ee","\u003Cp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">美股投资网获悉，在台湾地区金融监管机构松绑基金单一股票持仓限制后，台积电(TSM)股价应声创下历史新高。摩根大通预计，此举有望带来超过60亿美元的资金流入。\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">这家芯片制造巨头股价盘中一度上涨4.8%，基准股指台湾加权指数(Taiex)亦随之飙升3.2%，领跑亚洲市场。\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">台湾地区金融监督管理委员会周四表示，计划放宽一项长期存在的规则——该规则此前规定，基金管理人将基金净资产值的10%以上投资于单一股票。根据新规，投资于台湾本地股票的本土股票型基金及主动型交易所交易基金(ETF)，可将最多25%的净资产配置于在台湾证券交易所上市且权重超过10%的任何一家公司。\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">随着人工智能(AI)热潮持续推高台积电股价，此前的10%上限日益成为制约因素，导致许多基金无法充分受益于股价上涨。摩根大通销售部门在一份报告中指出，这一调整有望推动台湾加权指数触及40000点关口——较周四收盘价隐含约6%的上涨空间。\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">由于台积电占台湾加权指数的权重超过44%，占MSCI新兴市场指数的13%，监管松绑也将加剧台湾市场的集中度风险。部分分析师担忧，一旦该股大幅下跌，可能拖累整体市场。\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">此番规则变更可能有助于缩小台积电台股与其美国存托凭证(ADR)之间的折价。这一折价存在的原因在于，与美股不同，台湾地区股票需要获得特别监管批准才能转换为ADR。\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">“如今上限提高至25%，这些本地基金将买入更多台积电，”联合私人银行(Union Bancaire Privee)董事总经理Ling Vey-Sern表示。他补充称，这将最终收窄折价。\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">与此同时，摩根大通策略师将台湾地区股票评级上调至“超配”，理由是市场对盈利变现挑战的担忧有所缓解，且硬件定价能力正在增强。\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">值得一提的是，台积电于4月16日发布了2026年第一季度财报，交出了一份全方位超预期的成绩单。\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">核心财务数据上，Q1合并营收1.134万亿新台币(约359亿美元)，同比增长35%;净利润达5724.8亿新台币(约182亿美元)，同比暴增58%，超出分析师平均预期的5424亿新台币，连续第四个季度录得创纪录利润，连续八个季度保持两位数增长。\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">毛利率也创下历史新高，Q1毛利率升至66.2%(此前公司指引仅63%-65%)，营业利润率升至58.1%，均大幅超出市场预期。\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">在市场重点聚焦的业绩展望方面，台积电管理层给出的预期指引可谓全面碾压预期，即使此前市场预期已被不断上调。台积电预计今年总营收增长将超过30%，高于此前低于30%的预期以及25%-28%的市场普遍预期。\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">该公司高管还表示，鉴于AI芯片以及先进封装需求仍然非常强劲，资本支出将接近此前预测区间(最高560亿美元)的上限，并且强调未来3年资本支出将显著高于过去3年，这表明他们对未来增长前景充满信心。\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">最专业的美股资讯,推荐美股大数据 \u003Ca href=\"https:\u002F\u002FStockwe.com\u002F\">https:\u002F\u002FStockwe.com\u002F\u003C\u002Fa>\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">如何识别美股市场异常波动？美国机构主力资金买卖情况，出货和吸筹，使用美股投资网VIP会员，2008年成立于美国硅谷，由前纽约证券交易所分析师Ken创立，联合多位摩根斯坦利分析师，谷歌 Meta工程师利用AI和大数据，配合十多年美股实战经验和业内量化模型，建立了一个股市数据库 \u003Ca href=\"https:\u002F\u002FStockWe.com\u002F\">https:\u002F\u002FStockWe.com\u002F\u003C\u002Fa> 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buy@TradesMax.com 美国电话 626-378-3637","公司介绍","\u003Cp class=\"MsoNormal\">美股大数据 StockWe.com 是一个美国领先的金融和美股信息大数据提供商，紧盯华尔街金融市场和行情，2008年成立于美国硅谷，创始人是前纽约证券交易所资深分析师Ken，联合多位摩根斯坦利分析师，谷歌 Meta工程师利用AI和大数据，配合十多年美股实战经验和业内量化交易模型，每天处理千万级股票数据：挖掘潜力大牛股，捕捉期权异动大单，实时主力资金流向、机构持仓变化、川普突发新闻，精准买卖信号第一时间发到您手机APP。\u003C\u002Fp>","专业美股投资者都在这里",{"loading":78,"search":79,"searchPlaceholder":79,"hotContent":80,"draft":81,"noData":82,"searchNoData":83,"edit":84,"editVideo":85,"courseContent":86,"more":87,"buyNow":88,"subscribeNow":89,"encoding":90,"paidContent":91},"Loading...","搜索","热门内容","草稿","目前没有任何内容公布","当前检索内容没有数据","编辑","编辑视频","课程内容","更多","立即购买后观看","- 立即订阅 -","视频编码中...","付费内容"]