{"id":66210,"date":"2026-03-30T08:48:54","date_gmt":"2026-03-30T01:48:54","guid":{"rendered":"https:\/\/hbbgroup.net\/kis-research-uu-tien-co-phieu-co-tuc-cao-giua-bien-dong-thi-truong\/"},"modified":"2026-03-30T08:48:54","modified_gmt":"2026-03-30T01:48:54","slug":"kis-research-uu-tien-co-phieu-co-tuc-cao-giua-bien-dong-thi-truong","status":"publish","type":"post","link":"https:\/\/hbbgroup.net\/zh\/kis-research-uu-tien-co-phieu-co-tuc-cao-giua-bien-dong-thi-truong\/","title":{"rendered":"KIS Research: \u01afu ti\u00ean c\u1ed5 phi\u1ebfu c\u1ed5 t\u1ee9c cao gi\u1eefa bi\u1ebfn \u0111\u1ed9ng th\u1ecb tr\u01b0\u1eddng"},"content":{"rendered":"
\n

Chi\u1ebfn l\u01b0\u1ee3c \u0111\u1ea7u t\u01b0 v\u00e0o c\u1ed5 t\u1ee9c<\/b><\/p>\n

Nh\u1eefng th\u00e1ng g\u1ea7n \u0111\u00e2y, th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n li\u00ean t\u1ee5c tr\u1ea3i qua c\u00e1c \u0111\u1ee3t \u0111i\u1ec1u ch\u1ec9nh m\u1ea1nh. Ch\u1ec9 s\u1ed1 VN-Index \u0111\u00e1nh m\u1ea5t d\u1ea7n \u0111\u00e0 t\u0103ng v\u00e0 t\u00e2m l\u00fd bi quan lan r\u1ed9ng khi nh\u00e0 \u0111\u1ea7u t\u01b0 lo ng\u1ea1i v\u1ec1 tri\u1ec3n v\u1ecdng kinh t\u1ebf v\u00e0 t\u00ecnh h\u00ecnh chi\u1ebfn s\u1ef1 \u1edf Trung \u0110\u00f4ng.<\/p>\n

Trong b\u1ed1i c\u1ea3nh \u0111\u00f3, nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00f3 th\u1ec3 l\u1ef1a ch\u1ecdn vi\u1ec7c ti\u1ebfp t\u1ee5c n\u1eafm gi\u1eef c\u1ed5 phi\u1ebfu trong d\u00e0i h\u1ea1n v\u00e0 b\u1ecf qua c\u00e1c bi\u1ebfn \u0111\u1ed9ng (kho\u1ea3n l\u1ed7 ng\u1eafn h\u1ea1n), ho\u1eb7c c\u01a1 c\u1ea5u l\u1ea1i danh m\u1ee5c v\u00e0o nh\u00f3m c\u1ed5 phi\u1ebfu c\u00f3 ti\u1ec1m n\u0103ng \u0111ang \u0111\u01b0\u1ee3c \u0111\u1ecbnh gi\u00e1 th\u1ea5p. N\u1ebfu ch\u1ea5p nh\u1eadn r\u1ee7i ro cao h\u01a1n, nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00f3 th\u1ec3 l\u1ef1a ch\u1ecdn chi\u1ebfn l\u01b0\u1ee3c b\u1eaft \u0111\u00e1y; ho\u1eb7c an to\u00e0n h\u01a1n, c\u00f3 th\u1ec3 l\u1ef1a ch\u1ecdn c\u00e1c c\u1ed5 phi\u1ebfu thu\u1ed9c ng\u00e0nh ph\u00f2ng th\u1ee7.<\/p>\n

Tuy nhi\u00ean, Ch\u1ee9ng kho\u00e1n KIS nh\u1eadn th\u1ea5y v\u1eabn c\u00f3 m\u1ed9t chi\u1ebfn l\u01b0\u1ee3c ph\u00f9 h\u1ee3p v\u1edbi r\u1ee7i ro th\u1ea5p nh\u01b0ng c\u00f3 l\u1ee3i nhu\u1eadn h\u1ee3p l\u00fd \u1edf giai \u0111o\u1ea1n n\u00e0y, \u0111\u00f3 l\u00e0 t\u1eadp trung v\u00e0o c\u00e1c c\u1ed5 phi\u1ebfu c\u00f3 c\u1ed5 t\u1ee9c ti\u1ec1n m\u1eb7t cao v\u00e0 \u1ed5n \u0111\u1ecbnh.<\/p>\n

Theo \u0111\u00f3, khi ph\u00e2n t\u00edch c\u1ea5u tr\u00fac l\u1ee3i nhu\u1eadn c\u1ee7a m\u1ed9t kho\u1ea3n \u0111\u1ea7u t\u01b0 c\u1ed5 phi\u1ebfu, KIS nh\u1eadn th\u1ea5y l\u1ee3i nhu\u1eadn m\u00e0 nh\u00e0 \u0111\u1ea7u t\u01b0 nh\u1eadn \u0111\u01b0\u1ee3c s\u1ebd g\u1ed3m hai ph\u1ea7n: ph\u1ea7n t\u0103ng tr\u01b0\u1edfng v\u1ed1n (ch\u00eanh l\u1ec7ch gi\u1eefa gi\u00e1 b\u00e1n v\u00e0 gi\u00e1 mua) v\u00e0 ph\u1ea7n c\u1ed5 t\u1ee9c \u0111\u01b0\u1ee3c chia \u0111\u1ecbnh k\u1ef3, c\u00f3 th\u1ec3 d\u01b0\u1edbi d\u1ea1ng ti\u1ec1n m\u1eb7t ho\u1eb7c c\u1ed5 phi\u1ebfu th\u01b0\u1edfng. Trong giai \u0111o\u1ea1n th\u1ecb tr\u01b0\u1eddng t\u0103ng tr\u01b0\u1edfng m\u1ea1nh, ph\u1ea7n t\u0103ng gi\u00e1 th\u01b0\u1eddng chi\u1ebfm \u01b0u th\u1ebf v\u00e0 khi\u1ebfn nhi\u1ec1u nh\u00e0 \u0111\u1ea7u t\u01b0 xem nh\u1eb9 c\u1ed5 t\u1ee9c. Tuy nhi\u00ean, khi chu k\u1ef3 \u0111\u1ea3o chi\u1ec1u, c\u1ed5 t\u1ee9c m\u1edbi th\u1ec3 hi\u1ec7n \u0111\u1ea7y \u0111\u1ee7 gi\u00e1 tr\u1ecb th\u1ef1c s\u1ef1 c\u1ee7a m\u00ecnh.<\/p>\n

Ch\u1ee9ng kho\u00e1n KIS cho r\u1eb1ng c\u1ed5 t\u1ee9c ti\u1ec1n m\u1eb7t l\u00e0 m\u1ed9t d\u00f2ng ti\u1ec1n th\u1ef1c m\u00e0 nh\u00e0 \u0111\u1ea7u t\u01b0 nh\u1eadn \u0111\u01b0\u1ee3c. \u0110i\u1ec1u n\u00e0y \u0111\u1ed3ng ngh\u0129a v\u1edbi vi\u1ec7c r\u1ee7i ro gi\u1ea3m xu\u1ed1ng khi nh\u1eadn c\u1ed5 t\u1ee9c. N\u1ebfu d\u00f2ng ti\u1ec1n n\u00e0y \u0111\u1ec1u \u0111\u1eb7n v\u00e0 \u0111\u01b0\u1ee3c duy tr\u00ec trong m\u1ed9t th\u1eddi gian d\u00e0i, kho\u1ea3n \u0111\u1ea7u t\u01b0 s\u1ebd gi\u1ed1ng nh\u01b0 ph\u1ea7n l\u00e3i ti\u1ec1n g\u1eedi ng\u00e2n h\u00e0ng nh\u01b0ng c\u00f3 th\u00eam l\u1ee3i \u00edch t\u1eeb ph\u1ea7n t\u0103ng tr\u01b0\u1edfng v\u1ed1n.<\/p>\n

S\u1ef1 h\u1ea5p d\u1eabn t\u1eeb c\u1ed5 phi\u1ebfu c\u00f3 c\u1ed5 t\u1ee9c cao<\/b><\/p>\n

Theo Ch\u1ee9ng kho\u00e1n KIS, c\u00f3 b\u1ed1n y\u1ebfu t\u1ed1 gi\u00fap vi\u1ec7c \u0111\u1ea7u t\u01b0 v\u00e0o c\u1ed5 phi\u1ebfu c\u00f3 c\u1ed5 t\u1ee9c cao tr\u1edf n\u00ean h\u1ea5p d\u1eabn \u1edf th\u1eddi \u0111i\u1ec3m hi\u1ec7n t\u1ea1i.<\/p>\n

Th\u1ee9 nh\u1ea5t, d\u00f2ng c\u1ed5 t\u1ee9c \u0111\u1ec1u \u0111\u1eb7n gi\u00fap gi\u1ea3m \u00e1p l\u1ef1c t\u00e2m l\u00fd cho nh\u00e0 \u0111\u1ea7u t\u01b0. Khi gi\u00e1 c\u1ed5 phi\u1ebfu \u0111i xu\u1ed1ng, c\u1ea3m gi\u00e1c thua l\u1ed7 ng\u00e0y c\u00e0ng gia t\u0103ng v\u00e0 vi\u1ec7c duy tr\u00ec v\u1ecb th\u1ebf n\u1eafm gi\u1eef c\u1ed5 phi\u1ebfu tr\u1edf n\u00ean c\u1ef1c k\u1ef3 kh\u00f3 kh\u0103n. Trong b\u1ed1i c\u1ea3nh \u0111\u00f3, c\u1ed5 t\u1ee9c ti\u1ec1n m\u1eb7t \u0111\u00f3ng vai tr\u00f2 nh\u01b0 m\u1ed9t d\u00f2ng thu nh\u1eadp th\u1ef1c \u0111\u1ecbnh k\u1ef3, gi\u00fap nh\u00e0 \u0111\u1ea7u t\u01b0 gi\u1ea3m \u00e1p l\u1ef1c trong vi\u1ec7c ph\u1ea3i b\u00e1n ra c\u1ed5 phi\u1ebfu. D\u00f2ng ti\u1ec1n th\u1ef1c nh\u1eadn \u0111\u01b0\u1ee3c c\u0169ng gi\u00fap gi\u1ea3m r\u1ee7i ro khi \u0111\u1ea7u t\u01b0 v\u00e0o c\u1ed5 phi\u1ebfu v\u00e0 g\u00f3p ph\u1ea7n \u1ed5n \u0111\u1ecbnh t\u00e2m l\u00fd h\u01a1n.<\/p>\n

Th\u1ee9 hai, c\u00e1c doanh nghi\u1ec7p c\u00f3 kh\u1ea3 n\u0103ng tr\u1ea3 c\u1ed5 t\u1ee9c \u1ed5n \u0111\u1ecbnh v\u00e0 cao th\u01b0\u1eddng kh\u00f4ng ph\u1ea3i l\u00e0 nh\u1eefng c\u00f4ng ty t\u0103ng tr\u01b0\u1edfng n\u00f3ng. \u0110\u00e2y l\u00e0 nh\u1eefng doanh nghi\u1ec7p tr\u01b0\u1edfng th\u00e0nh, c\u00f3 d\u00f2ng ti\u1ec1n kinh doanh \u1ed5n \u0111\u1ecbnh, m\u00f4 h\u00ecnh ho\u1ea1t \u0111\u1ed9ng v\u1eefng ch\u1eafc v\u00e0 kh\u00f4ng ph\u1ee5 thu\u1ed9c nhi\u1ec1u v\u00e0o c\u00e1c chu k\u1ef3 t\u0103ng tr\u01b0\u1edfng kinh t\u1ebf b\u00f9ng n\u1ed5. Ch\u00ednh \u0111\u1eb7c t\u00ednh n\u00e0y t\u1ea1o n\u00ean t\u00ednh ph\u00f2ng th\u1ee7 v\u1ed1n c\u00f3 c\u1ee7a nh\u00f3m c\u1ed5 phi\u1ebfu n\u00e0y: khi kinh t\u1ebf ch\u1eadm l\u1ea1i ho\u1eb7c th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n \u0111i\u1ec1u ch\u1ec9nh m\u1ea1nh, bi\u00ean \u0111\u1ed9 gi\u1ea3m gi\u00e1 c\u1ee7a nh\u00f3m c\u1ed5 t\u1ee9c cao th\u01b0\u1eddng \u00edt s\u00e2u h\u01a1n so v\u1edbi c\u00e1c nh\u00f3m c\u1ed5 phi\u1ebfu t\u0103ng tr\u01b0\u1edfng, gi\u00fap danh m\u1ee5c nh\u00e0 \u0111\u1ea7u t\u01b0 ch\u1ed1ng ch\u1ecbu t\u1ed1t h\u01a1n tr\u01b0\u1edbc c\u01a1n b\u00e3o th\u1ecb tr\u01b0\u1eddng.<\/p>\n

Th\u1ee9 ba, Ch\u1ee9ng kho\u00e1n KIS cho r\u1eb1ng khi th\u1ecb tr\u01b0\u1eddng gi\u1ea3m, c\u00e1c kho\u1ea3n \u0111\u1ea7u t\u01b0 v\u00e0o c\u1ed5 phi\u1ebfu c\u00f3 c\u1ed5 t\u1ee9c cao s\u1ebd c\u00f3 hi\u1ec7u qu\u1ea3 h\u01a1n. C\u1ee5 th\u1ec3, khi gi\u00e1 c\u1ed5 phi\u1ebfu gi\u1ea3m nh\u01b0ng doanh nghi\u1ec7p v\u1eabn duy tr\u00ec m\u1ee9c c\u1ed5 t\u1ee9c nh\u01b0 c\u0169 th\u00ec t\u1ef7 su\u1ea5t l\u1ee3i nhu\u1eadn t\u1eeb c\u1ed5 t\u1ee9c s\u1ebd t\u0103ng l\u00ean. V\u00ed d\u1ee5, m\u1ed9t c\u1ed5 phi\u1ebfu c\u00f3 m\u1ee9c c\u1ed5 t\u1ee9c 2,000 \u0111\u1ed3ng\/c\u1ed5 ph\u1ea7n: n\u1ebfu gi\u00e1 th\u1ecb tr\u01b0\u1eddng l\u00e0 40,000 \u0111\u1ed3ng th\u00ec t\u1ef7 su\u1ea5t l\u1ee3i nhu\u1eadn t\u1eeb c\u1ed5 t\u1ee9c l\u00e0 5%, nh\u01b0ng n\u1ebfu gi\u00e1 gi\u1ea3m xu\u1ed1ng 32,000 \u0111\u1ed3ng th\u00ec nh\u00e0 \u0111\u1ea7u t\u01b0 mua v\u00e0o l\u00fac n\u00e0y s\u1ebd h\u01b0\u1edfng m\u1ee9c sinh l\u1eddi c\u1ed5 t\u1ee9c l\u00ean \u0111\u1ebfn 6.25%. N\u00f3i c\u00e1ch kh\u00e1c, th\u1ecb tr\u01b0\u1eddng gi\u1ea3m ch\u00ednh l\u00e0 c\u01a1 h\u1ed9i \u0111\u1ec3 nh\u00e0 \u0111\u1ea7u t\u01b0 d\u00e0i h\u1ea1n x\u00e2y d\u1ef1ng ngu\u1ed3n thu nh\u1eadp th\u1ee5 \u0111\u1ed9ng v\u1edbi chi ph\u00ed th\u1ea5p h\u01a1n – m\u1ed9t l\u1ee3i th\u1ebf m\u00e0 nh\u1eefng ng\u01b0\u1eddi mua v\u00e0o th\u1eddi \u0111i\u1ec3m th\u1ecb tr\u01b0\u1eddng h\u01b0ng ph\u1ea5n kh\u00f4ng c\u00f3 \u0111\u01b0\u1ee3c.<\/p>\n

Th\u1ee9 t\u01b0, \u0111\u00e2y l\u00e0 m\u1ed9t k\u00eanh \u0111\u1ea7u t\u01b0 t\u1ed1t h\u01a1n so v\u1edbi ti\u1ec1n g\u1eedi ng\u00e2n h\u00e0ng. Theo Ch\u1ee9ng kho\u00e1n KIS, m\u1ed9t ti\u00eau ch\u00ed th\u01b0\u1eddng \u0111\u01b0\u1ee3c c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00e1 nh\u00e2n s\u1eed d\u1ee5ng l\u00e0 so s\u00e1nh t\u1ef7 su\u1ea5t c\u1ed5 t\u1ee9c v\u1edbi l\u00e3i su\u1ea5t ti\u1ec1n g\u1eedi ng\u00e2n h\u00e0ng. Khi m\u1ed9t c\u1ed5 phi\u1ebfu tr\u1ea3 c\u1ed5 t\u1ee9c ti\u1ec1n m\u1eb7t \u1edf m\u1ee9c 7-9%\/n\u0103m trong khi l\u00e3i su\u1ea5t ti\u1ebft ki\u1ec7m k\u1ef3 h\u1ea1n 12 th\u00e1ng ch\u1ec9 xoay quanh 5-6%, \u0111\u00e2y l\u00e0 t\u00edn hi\u1ec7u cho th\u1ea5y c\u1ed5 phi\u1ebfu \u0111\u00f3 \u0111ang mang l\u1ea1i m\u1ee9c sinh l\u1eddi c\u1ea1nh tranh h\u01a1n k\u00eanh ti\u1ec1n g\u1eedi, v\u1edbi \u0111i\u1ec1u ki\u1ec7n doanh nghi\u1ec7p c\u00f3 n\u1ec1n t\u1ea3ng t\u00e0i ch\u00ednh \u0111\u1ee7 v\u1eefng \u0111\u1ec3 duy tr\u00ec kh\u1ea3 n\u0103ng chi tr\u1ea3. \u0110\u00e2y l\u00e0 ti\u00eau ch\u00ed \u0111\u01a1n gi\u1ea3n nh\u01b0ng hi\u1ec7u qu\u1ea3 \u0111\u1ec3 s\u00e0ng l\u1ecdc b\u01b0\u1edbc \u0111\u1ea7u trong h\u00e0ng tr\u0103m m\u00e3 c\u1ed5 phi\u1ebfu ni\u00eam y\u1ebft tr\u00ean s\u00e0n.<\/p>\n

L\u1ef1a ch\u1ecdn c\u1ed5 phi\u1ebfu<\/b><\/p>\n

Theo Ch\u1ee9ng kho\u00e1n KIS, kh\u00f4ng ph\u1ea3i c\u1ed5 phi\u1ebfu n\u00e0o c\u00f3 c\u1ed5 t\u1ee9c cao c\u0169ng l\u00e0 l\u1ef1a ch\u1ecdn an to\u00e0n. \u0110\u00f4i khi, m\u1ee9c c\u1ed5 t\u1ee9c h\u1ea5p d\u1eabn l\u1ea1i l\u00e0 d\u1ea5u hi\u1ec7u c\u1ea3nh b\u00e1o r\u1eb1ng \u0111\u00f3 kh\u00f4ng ph\u1ea3i l\u00e0 doanh nghi\u1ec7p t\u1ed1t. Do \u0111\u00f3, nh\u00e0 \u0111\u1ea7u t\u01b0 n\u00ean c\u00f3 m\u1ed9t s\u1ed1 ti\u00eau ch\u00ed l\u1ef1a ch\u1ecdn ph\u00f9 h\u1ee3p. Ch\u1ee9ng kho\u00e1n KIS \u0111\u01b0a ra m\u1ed9t s\u1ed1 ti\u00eau ch\u00ed \u0111\u1ecbnh l\u01b0\u1ee3ng c\u1ea7n xem x\u00e9t nh\u01b0:<\/p>\n

T\u1ef7 l\u1ec7 chi tr\u1ea3 c\u1ed5 t\u1ee9c (Payout Ratio) \u1edf m\u1ee9c h\u1ee3p l\u00fd: L\u00fd t\u01b0\u1edfng nh\u1ea5t l\u00e0 trong kho\u1ea3ng 40-70% l\u1ee3i nhu\u1eadn sau thu\u1ebf. Doanh nghi\u1ec7p chi tr\u1ea3 qu\u00e1 cao (tr\u00ean 90%) c\u00f3 nguy c\u01a1 kh\u00f4ng c\u00f2n \u0111\u1ee7 ngu\u1ed3n l\u1ef1c \u0111\u1ec3 t\u00e1i \u0111\u1ea7u t\u01b0 ho\u1eb7c duy tr\u00ec c\u1ed5 t\u1ee9c trong nh\u1eefng n\u0103m kh\u00f3 kh\u0103n.<\/p>\n

L\u1ecbch s\u1eed duy tr\u00ec ho\u1eb7c t\u0103ng tr\u01b0\u1edfng c\u1ed5 t\u1ee9c li\u00ean t\u1ee5c: \u01afu ti\u00ean nh\u1eefng doanh nghi\u1ec7p \u0111\u00e3 chi tr\u1ea3 c\u1ed5 t\u1ee9c \u1ed5n \u0111\u1ecbnh t\u1eeb 3\u20135 n\u0103m, kh\u00f4ng c\u1eaft gi\u1ea3m qua c\u00e1c giai \u0111o\u1ea1n kinh t\u1ebf kh\u00f3 kh\u0103n. T\u00ednh nh\u1ea5t qu\u00e1n n\u00e0y ph\u1ea3n \u00e1nh ch\u1ea5t l\u01b0\u1ee3ng qu\u1ea3n tr\u1ecb v\u00e0 s\u1ee9c m\u1ea1nh m\u00f4 h\u00ecnh kinh doanh c\u1ee7a doanh nghi\u1ec7p.<\/p>\n

L\u1ee3i nhu\u1eadn \u1ed5n \u0111\u1ecbnh, d\u00f2ng ti\u1ec1n kinh doanh d\u01b0\u01a1ng: C\u1ed5 t\u1ee9c ph\u1ea3i \u0111\u01b0\u1ee3c chi tr\u1ea3 t\u1eeb l\u1ee3i nhu\u1eadn th\u1ef1c v\u00e0 d\u00f2ng ti\u1ec1n ho\u1ea1t \u0111\u1ed9ng th\u1ef1c t\u1ebf – kh\u00f4ng ph\u1ea3i t\u1eeb vi\u1ec7c vay n\u1ee3 hay b\u00e1n t\u00e0i s\u1ea3n. Nh\u00e0 \u0111\u1ea7u t\u01b0 c\u1ea7n ki\u1ec3m tra b\u00e1o c\u00e1o l\u01b0u chuy\u1ec3n ti\u1ec1n t\u1ec7, \u0111\u1ea3m b\u1ea3o d\u00f2ng ti\u1ec1n t\u1eeb ho\u1ea1t \u0111\u1ed9ng kinh doanh \u0111\u1ee7 \u0111\u1ec3 trang tr\u1ea3i c\u1ed5 t\u1ee9c \u0111\u00e3 cam k\u1ebft.<\/p>\n

\u0110\u00f2n b\u1ea9y t\u00e0i ch\u00ednh \u1edf m\u1ee9c an to\u00e0n: T\u1ef7 l\u1ec7 n\u1ee3 vay tr\u00ean v\u1ed1n ch\u1ee7 s\u1edf h\u1eefu \u1edf m\u1ee9c v\u1eeba ph\u1ea3i l\u00e0 \u0111i\u1ec1u ki\u1ec7n c\u1ea7n, \u0111\u1eb7c bi\u1ec7t trong b\u1ed1i c\u1ea3nh l\u00e3i su\u1ea5t c\u00f3 xu h\u01b0\u1edbng t\u0103ng – doanh nghi\u1ec7p g\u00e1nh n\u1eb7ng n\u1ee3 vay d\u1ec5 b\u1ecb \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn kh\u1ea3 n\u0103ng chi tr\u1ea3 c\u1ed5 t\u1ee9c.<\/p>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"

Chi\u1ebfn l\u01b0\u1ee3c \u0111\u1ea7u t\u01b0 v\u00e0o c\u1ed5 t\u1ee9c Nh\u1eefng th\u00e1ng g\u1ea7n \u0111\u00e2y, th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n li\u00ean t\u1ee5c tr\u1ea3i qua c\u00e1c […]<\/p>","protected":false},"author":5,"featured_media":66214,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[221],"tags":[],"class_list":["post-66210","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-chung-khoan"],"acf":[],"_links":{"self":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts\/66210","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/comments?post=66210"}],"version-history":[{"count":0,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts\/66210\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/media\/66214"}],"wp:attachment":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/media?parent=66210"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/categories?post=66210"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/tags?post=66210"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}