{"entry_id": "0fd82b04-4de7-4ea0-8ebb-d03e660056c2", "infos": [{"txt": "欧洲股市十年最佳开局领跑全球，“欧洲奇迹”会持续多久？", "language": "chinese", "position": {"atoms": [{"position_id": 0, "txt": "欧洲股市十年最佳开局领跑全球，“欧洲奇迹”会持续多久？", "x": ""}]}, "tags": [], "label": "O", "web_segment_id": 0, "global_sentence_id": 0, "edu_l1_label": "EDU_O"}, {"txt": "            欧洲股市十年最佳开局领跑全球，“欧洲奇迹”会持续多久？", "language": "chinese", "position": {"atoms": [{"position_id": 238, "txt": "\n            \n欧洲股市十年最佳开局领跑全球，“欧洲奇迹”会持续多久？", "x": "/html/body/div[2]/div[2]/div[2]/div/div[1]/h1"}]}, "tags": ["h1"], "label": "article_title", "web_segment_id": 37, "global_sentence_id": 1, "edu_l1_label": "BOT"}, {"txt": "<img https://wcd-image-bucket-test.oss-cn-zhangjiakou.aliyuncs.com/raw/O7eQh3pkxpK22WgXoamemb.gif", "language": "chinese", "position": {"atoms": [{"position_id": 53, "txt": "<img https://wcd-image-bucket-test.oss-cn-zhangjiakou.aliyuncs.com/raw/O7eQh3pkxpK22WgXoamemb.gif", "x": "/html/body/div[2]/div[2]/div[2]/div/div[1]/div[2]/p/img"}]}, "tags": ["img"], "label": "figure", "web_segment_id": 39, "global_sentence_id": 2, "edu_l1_label": "EDU_O"}, {"txt": "2025年伊始，欧洲股市迎来了十年来最佳的开局表现并超越华尔街，成为全球投资者瞩目的焦点。", "language": "chinese", "position": {"atoms": [{"position_id": 240, "txt": "2025年伊始，欧洲股市迎来了十年来最佳的开局表现并超越华尔街，成为全球投资者瞩目的焦点。", "x": "/html/body/div[2]/div[2]/div[2]/div/div[1]/div[2]/section/section[1]/p/strong/span"}]}, "tags": ["strong"], "label": "content", "web_segment_id": 40, "global_sentence_id": 3, "edu_l1_label": "BOS"}, {"txt": "截至记者发稿，德国DAX指数年初至今涨幅超11%，泛欧斯托克600指数同期上涨超7%，相比之下，标普500今年以来仅上涨3.1%。", "language": "chinese", "position": {"atoms": [{"position_id": 242, "txt": "截至记者发稿，德国DAX指数年初至今涨幅超11%，泛欧斯托克600指数同期上涨超7%，相比之下，标普500今年以来仅上涨3.1%。", "x": "/html/body/div[2]/div[2]/div[2]/div/div[1]/div[2]/section/p[1]/span"}]}, "tags": [], "label": "content", "web_segment_id": 41, "global_sentence_id": 4, "edu_l1_label": "IOS"}, {"txt": "这一轮“欧洲奇迹”背后，既有低估值与盈利修复的推动，也暗含地缘政治与政策博弈的复杂逻辑。", "language": "chinese", "position": {"atoms": [{"position_id": 244, "txt": "这一轮“欧洲奇迹”背后，既有低估值与盈利修复的推动，也暗含地缘政治与政策博弈的复杂逻辑。", "x": "/html/body/div[2]/div[2]/div[2]/div/div[1]/div[2]/section/p[2]/span"}]}, "tags": [], "label": "content", "web_segment_id": 42, "global_sentence_id": 5, "edu_l1_label": "IOS"}, {"txt": "然而，市场狂欢中，特朗普关税威胁与欧洲长期结构性短板仍如达摩克利斯之剑高悬。", "language": "chinese", "position": {"atoms": [{"position_id": 245, "txt": "然而，市场狂欢中，特朗普关税威胁与欧洲长期结构性短板仍如达摩克利斯之剑高悬。", "x": "/html/body/div[2]/div[2]/div[2]/div/div[1]/div[2]/section/p[2]/span"}]}, "tags": [], "label": "content", "web_segment_id": 42, "global_sentence_id": 6, "edu_l1_label": "IOS"}, {"txt": "这场“逆袭”会持续多久？", "language": "chinese", "position": {"atoms": [{"position_id": 247, "txt": "这场“逆袭”会持续多久？", "x": "/html/body/div[2]/div[2]/div[2]/div/div[1]/div[2]/section/p[3]/span"}]}, "tags": [], "label": "content", "web_segment_id": 43, "global_sentence_id": 7, "edu_l1_label": "IOS"}, {"txt": "“价值洼地”修复", "language": "chinese", "position": {"atoms": [{"position_id": 249, "txt": "“价值洼地”修复", "x": "/html/body/div[2]/div[2]/div[2]/div/div[1]/div[2]/section/p[4]/span/strong"}]}, "tags": ["strong"], "label": "title1", "web_segment_id": 44, "global_sentence_id": 8, "edu_l1_label": "BOS"}, {"txt": "欧洲股市的崛起，首先源于其长期被低估的资产价值。", "language": "chinese", "position": {"atoms": [{"position_id": 251, "txt": "欧洲股市的崛起，首先源于其长期被低估的资产价值。", "x": "/html/body/div[2]/div[2]/div[2]/div/div[1]/div[2]/section/p[5]/strong/span"}]}, "tags": ["strong"], "label": "content", "web_segment_id": 45, "global_sentence_id": 9, "edu_l1_label": "IOS"}, {"txt": "截至2025年1月底，泛欧斯托克600指数的预期市盈率仅为14倍，远低于标普500的22倍，英国股市甚至低至12倍。", "language": "chinese", "position": {"atoms": [{"position_id": 253, "txt": "截至2025年1月底，泛欧斯托克600指数的预期市盈率仅为14倍，远低于标普500的22倍，英国股市甚至低至12倍。", "x": "/html/body/div[2]/div[2]/div[2]/div/div[1]/div[2]/section/p[5]/span"}]}, "tags": [], "label": "content", "web_segment_id": 45, "global_sentence_id": 10, "edu_l1_label": "IOS"}, {"txt": "“此前欧洲被视为‘不可投资’，但如今估值优势叠加盈利预期改善，任何积极信号都会被放大。”", "language": "chinese", "position": {"atoms": [{"position_id": 255, "txt": "“此前欧洲被视为‘不可投资’，但如今估值优势叠加盈利预期改善，任何积极信号都会被放大。”", "x": "/html/body/div[2]/div[2]/div[2]/div/div[1]/div[2]/section/p[6]/span"}]}, "tags": [], "label": "content", "web_segment_id": 46, "global_sentence_id": 11, "edu_l1_label": "IOS"}, {"txt": "Pictet Asset Management首席策略师Luca Paolini指出。", "language": "chinese", "position": {"atoms": [{"position_id": 256, "txt": "Pictet Asset Management首席策略师Luca Paolini指出。", "x": "/html/body/div[2]/div[2]/div[2]/div/div[1]/div[2]/section/p[6]/span"}]}, "tags": [], "label": "content", "web_segment_id": 46, "global_sentence_id": 12, "edu_l1_label": "IOS"}, {"txt": "数据显示，欧洲企业2025年盈利增速预计从2024年的1%跃升至7.9%，尽管仍低于美国，但增长斜率陡峭化释放了市场信心。", "language": "chinese", "position": {"atoms": [{"position_id": 258, "txt": "数据显示，", "x": "/html/body/div[2]/div[2]/div[2]/div/div[1]/div[2]/section/p[7]/span"}, {"position_id": 260, "txt": "欧洲企业2025年盈利增速预计从2024年的1%跃升至7.9%，尽管仍低于美国，但增长斜率陡峭化释放了市场信心。", "x": "/html/body/div[2]/div[2]/div[2]/div/div[1]/div[2]/section/p[7]/span/strong"}]}, "tags": ["strong"], "label": "content", "web_segment_id": 47, "global_sentence_id": 13, "edu_l1_label": "IOS"}, {"txt": "FXTM富拓首席中文市场分析师杨傲正在接受《国际金融报》记者采访时表示，特朗普关税政策的“选择性打击”是关键推力，“尽管特朗普的钢铝关税政策覆盖全球，但欧洲未被列为优先目标，资金因此转向这一‘避风港’”。", "language": "chinese", "position": {"atoms": [{"position_id": 262, "txt": "FXTM富拓首席中文市场分析师杨傲正在接受《国际金融报》记者采访时表示，特朗普关税政策的“选择性打击”是关键推力，“尽管特朗普的钢铝关税政策覆盖全球，但欧洲未被列为优先目标，资金因此转向这一‘避风港’”。", "x": "/html/body/div[2]/div[2]/div[2]/div/div[1]/div[2]/section/p[8]/span"}]}, "tags": [], "label": "content", "web_segment_id": 48, "global_sentence_id": 14, "edu_l1_label": "IOS"}, {"txt": "这一判断与市场动向吻合：", "language": "chinese", "position": {"atoms": [{"position_id": 264, "txt": "这一判断与市场动向吻合：", "x": "/html/body/div[2]/div[2]/div[2]/div/div[1]/div[2]/section/p[9]/span"}]}, "tags": [], "label": "content", "web_segment_id": 49, "global_sentence_id": 15, "edu_l1_label": "IOS"}, {"txt": "2025年1月，欧洲股市资金流入创25年次高，泛欧STOXX 600指数单月涨幅达5.5%，投资者低配仓位的回补形成强劲买盘。", "language": "chinese", "position": {"atoms": [{"position_id": 265, "txt": "2025年1月，欧洲股市资金流入创25年次高，泛欧STOXX 600指数单月涨幅达5.5%，投资者低配仓位的回补形成强劲买盘。", "x": "/html/body/div[2]/div[2]/div[2]/div/div[1]/div[2]/section/p[9]/span"}]}, "tags": [], "label": "content", "web_segment_id": 49, "global_sentence_id": 16, "edu_l1_label": "IOS"}, {"txt": "政策面亦为欧股注入强心剂。", "language": "chinese", "position": {"atoms": [{"position_id": 267, "txt": "政策面亦为欧股注入强心剂。", "x": "/html/body/div[2]/div[2]/div[2]/div/div[1]/div[2]/section/p[10]/strong/span"}]}, "tags": ["strong"], "label": "content", "web_segment_id": 50, "global_sentence_id": 17, "edu_l1_label": "IOS"}, {"txt": "欧洲央行与英国央行已率先降息，而美联储仍按兵不动，借贷成本差异吸引资金流入欧洲。", "language": "chinese", "position": {"atoms": [{"position_id": 269, "txt": "欧洲央行与英国央行已率先降息，而美联储仍按兵不动，借贷成本差异吸引资金流入欧洲。", "x": "/html/body/div[2]/div[2]/div[2]/div/div[1]/div[2]/section/p[10]/span"}]}, "tags": [], "label": "content", "web_segment_id": 50, "global_sentence_id": 18, "edu_l1_label": "IOS"}, {"txt": "杨傲正补充称，“欧洲央行降息路径更明确，叠加法国政局趋稳——马克龙政府挺过不信任投票并通过2025年预算案，内忧缓解进一步提振市场情绪。”", "language": "chinese", "position": {"atoms": [{"position_id": 271, "txt": "杨傲正补充称，“欧洲央行降息路径更明确，叠加法国政局趋稳——马克龙政府挺过不信任投票并通过2025年预算案，内忧缓解进一步提振市场情绪。”", "x": "/html/body/div[2]/div[2]/div[2]/div/div[1]/div[2]/section/p[11]/span"}]}, "tags": [], "label": "content", "web_segment_id": 51, "global_sentence_id": 19, "edu_l1_label": "IOS"}, {"txt": "“欧洲经济火车头之一的法国，自去年夏天因马克龙提前大选而导致政局持续动荡，新上任的法国总理贝鲁在上周终于挺过了不信任动议，2025年预算案获得通过并稳定了法国政局。", "language": "chinese", "position": {"atoms": [{"position_id": 273, "txt": "“欧洲经济火车头之一的法国，自去年夏天因马克龙提前大选而导致政局持续动荡，新上任的法国总理贝鲁在上周终于挺过了不信任动议，2025年预算案获得通过并稳定了法国政局。", "x": "/html/body/div[2]/div[2]/div[2]/div/div[1]/div[2]/section/p[12]/span"}]}, "tags": [], "label": "content", "web_segment_id": 52, "global_sentence_id": 20, "edu_l1_label": "IOS"}, {"txt": "此外，巴以停火与俄乌局势未恶化，亦削弱了地缘风险对欧洲的冲击。”", "language": "chinese", "position": {"atoms": [{"position_id": 274, "txt": "此外，巴以停火与俄乌局势未恶化，亦削弱了地缘风险对欧洲的冲击。”", "x": "/html/body/div[2]/div[2]/div[2]/div/div[1]/div[2]/section/p[12]/span"}]}, "tags": [], "label": "content", "web_segment_id": 52, "global_sentence_id": 21, "edu_l1_label": "IOS"}, {"txt": "杨傲正说。", "language": "chinese", "position": {"atoms": [{"position_id": 275, "txt": "杨傲正说。", "x": "/html/body/div[2]/div[2]/div[2]/div/div[1]/div[2]/section/p[12]/span"}]}, "tags": [], "label": "content", "web_segment_id": 52, "global_sentence_id": 22, "edu_l1_label": "IOS"}, {"txt": "可持续性存疑", "language": "chinese", "position": {"atoms": [{"position_id": 277, "txt": "可持续性存疑", "x": "/html/body/div[2]/div[2]/div[2]/div/div[1]/div[2]/section/p[13]/span/strong"}]}, "tags": ["strong"], "label": "title1", "web_segment_id": 53, "global_sentence_id": 23, "edu_l1_label": "BOS"}, {"txt": "尽管短期动能充沛，欧洲股市的“高光时刻”仍面临多重挑战。", 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"2月初，特朗普宣布对加拿大、墨西哥加征关税后，欧股应声下跌，德国DAX指数一度跌近1.9%。", "x": "/html/body/div[2]/div[2]/div[2]/div/div[1]/div[2]/section/p[15]/span"}]}, "tags": [], "label": "content", "web_segment_id": 55, "global_sentence_id": 26, "edu_l1_label": "IOS"}, {"txt": "杨傲正警示：", "language": "chinese", "position": {"atoms": [{"position_id": 289, "txt": "杨傲正警示：", "x": "/html/body/div[2]/div[2]/div[2]/div/div[1]/div[2]/section/p[16]/span"}]}, "tags": [], "label": "content", "web_segment_id": 56, "global_sentence_id": 27, "edu_l1_label": "IOS"}, {"txt": "“目前看特朗普在跟加、墨、澳各国谈判后都有较好的缓和效果，在这些国家相继出现谈判结果后，特朗普有较大机会把目光转向欧洲。", "language": "chinese", "position": {"atoms": [{"position_id": 290, "txt": "“目前看特朗普在跟加、墨、澳各国谈判后都有较好的缓和效果，在这些国家相继出现谈判结果后，特朗普有较大机会把目光转向欧洲。", "x": "/html/body/div[2]/div[2]/div[2]/div/div[1]/div[2]/section/p[16]/span"}]}, "tags": [], "label": "content", "web_segment_id": 56, "global_sentence_id": 28, "edu_l1_label": "IOS"}, {"txt": "美国进口数据显示，瑞士、德国是其第四、第五大贸易伙伴，关税威胁难以回避。”", "language": "chinese", "position": 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#             欧洲股市十年最佳开局领跑全球，“欧洲奇迹”会持续多久？
## “价值洼地”修复
## 可持续性存疑
## 机构现分歧
