{"id":71777,"date":"2026-04-15T09:09:22","date_gmt":"2026-04-15T02:09:22","guid":{"rendered":"https:\/\/hbbgroup.net\/cny-safe-haven-role-grows-with-stronger-yuan-societe-generale\/"},"modified":"2026-04-15T10:06:03","modified_gmt":"2026-04-15T03:06:03","slug":"cny-vai-tro-tai-san-tru-an-tang-len-khi-dong-nhan-dan-te-manh-hon-societe-generale","status":"publish","type":"post","link":"https:\/\/hbbgroup.net\/zh\/cny-vai-tro-tai-san-tru-an-tang-len-khi-dong-nhan-dan-te-manh-hon-societe-generale\/","title":{"rendered":"CNY: Vai tr\u00f2 t\u00e0i s\u1ea3n tr\u00fa \u1ea9n t\u0103ng l\u00ean khi \u0111\u1ed3ng Nh\u00e2n d\u00e2n t\u1ec7 m\u1ea1nh h\u01a1n \u2013 Societe Generale"},"content":{"rendered":"<div id=\"post-content-section\">\n<p>C\u00e1c nh\u00e0 ph\u00e2n t\u00edch c\u1ee7a Societe Generale cho bi\u1ebft \u0111\u1ed3ng CNY \u0111\u00e3 l\u1ea5y l\u1ea1i \u0111\u00e0 t\u0103ng, v\u1edbi USD\/CNY ti\u1ebfn g\u1ea7n m\u1ee9c 6,80 l\u1ea7n \u0111\u1ea7u ti\u00ean trong ba n\u0103m khi c\u00e1c t\u00e0u ch\u1edf d\u1ea7u li\u00ean quan \u0111\u1ebfn Trung Qu\u1ed1c \u0111i qua eo bi\u1ec3n Hormuz. H\u1ecd cho r\u1eb1ng \u0111\u1ed3ng Nh\u00e2n d\u00e2n t\u1ec7 \u0111ang \u0111\u00f3ng vai tr\u00f2 l\u00e0 t\u00e0i s\u1ea3n tr\u00fa \u1ea9n trong khu v\u1ef1c, \u0111\u01b0\u1ee3c h\u1ed7 tr\u1ee3 b\u1edfi kh\u1ea3 n\u0103ng \u0111\u1ea3m b\u1ea3o n\u0103ng l\u01b0\u1ee3ng c\u1ee7a Trung Qu\u1ed1c v\u00e0 c\u00e1c ch\u00ednh s\u00e1ch h\u1ed7 tr\u1ee3, ngay c\u1ea3 khi t\u0103ng tr\u01b0\u1edfng t\u00edn d\u1ee5ng trong n\u01b0\u1edbc ch\u1eadm l\u1ea1i v\u00e0 l\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu ch\u00ednh ph\u1ee7 k\u1ef3 h\u1ea1n 10 n\u0103m gi\u1ea3m xu\u1ed1ng d\u01b0\u1edbi 1,79%.<\/p>\n<p>\u0110\u1ed3ng Nh\u00e2n d\u00e2n t\u1ec7 h\u01b0\u1edfng l\u1ee3i t\u1eeb nhu c\u1ea7u tr\u00fa \u1ea9n trong khu v\u1ef1c<\/p>\n<p>\u201c\u0110\u00e0 t\u0103ng c\u1ee7a CNY quay tr\u1edf l\u1ea1i v\u1edbi m\u1ee9c 6,80 trong t\u1ea7m v\u1edbi l\u1ea7n \u0111\u1ea7u ti\u00ean sau ba n\u0103m khi c\u00e1c t\u00e0u ch\u1edf d\u1ea7u li\u00ean quan \u0111\u1ebfn Trung Qu\u1ed1c \u0111i qua eo bi\u1ec3n Hormuz \u2013 \u0111\u1ed3ng Nh\u00e2n d\u00e2n t\u1ec7 ng\u00e0y c\u00e0ng \u0111\u1ea3m nh\u1eadn vai tr\u00f2 t\u00e0i s\u1ea3n tr\u00fa \u1ea9n khu v\u1ef1c, \u0111\u01b0\u1ee3c h\u1ed7 tr\u1ee3 b\u1edfi kh\u1ea3 n\u0103ng ch\u1ed1ng ch\u1ecbu n\u0103ng l\u01b0\u1ee3ng c\u1ee7a Trung Qu\u1ed1c, ch\u00ednh s\u00e1ch h\u1ed7 tr\u1ee3 v\u00e0 m\u1ee9c \u0111\u1ed9 ti\u1ebfp x\u00fac h\u1ea1n ch\u1ebf v\u1edbi xung \u0111\u1ed9t Trung \u0110\u00f4ng.\u201d<\/p>\n<p>\u201c\u0110\u1ed9ng l\u1ef1c tr\u00fa \u1ea9n n\u00e0y kh\u00f4ng ch\u1ec9 gi\u1edbi h\u1ea1n \u1edf ti\u1ec1n t\u1ec7: c\u1ea3 c\u1ed5 phi\u1ebfu v\u00e0 tr\u00e1i phi\u1ebfu trong n\u01b0\u1edbc \u0111\u1ec1u \u0111ang th\u1ec3 hi\u1ec7n t\u00ednh ph\u00f2ng th\u1ee7.\u201d<\/p>\n<p>\u201c\u0110\u00e1ng ch\u00fa \u00fd, t\u01b0\u01a1ng quan 90 ng\u00e0y gi\u1eefa CSI 300 v\u00e0 ch\u1ec9 s\u1ed1 t\u1ed5ng l\u1ee3i nhu\u1eadn tr\u00e1i phi\u1ebfu ch\u00ednh ph\u1ee7 Trung Qu\u1ed1c c\u1ee7a Bloomberg \u0111\u00e3 chuy\u1ec3n sang d\u01b0\u01a1ng t\u1eeb gi\u1eefa th\u00e1ng 3, cho th\u1ea5y hai lo\u1ea1i t\u00e0i s\u1ea3n n\u00e0y \u0111ang di chuy\u1ec3n c\u00f9ng chi\u1ec1u v\u00e0 v\u01b0\u1ee3t tr\u1ed9i so v\u1edbi c\u00e1c th\u1ecb tr\u01b0\u1eddng ph\u01b0\u01a1ng T\u00e2y v\u00e0 khu v\u1ef1c trong c\u00e1c giai \u0111o\u1ea1n n\u00e9 tr\u00e1nh r\u1ee7i ro.\u201d<\/p>\n<p>\u201cTrong khi \u0111\u00f3, d\u1eef li\u1ec7u t\u00edn d\u1ee5ng c\u1ee7a Trung Qu\u1ed1c c\u00f4ng b\u1ed1 h\u00f4m qua g\u00e2y th\u1ea5t v\u1ecdng khi t\u0103ng tr\u01b0\u1edfng t\u00edn d\u1ee5ng c\u00f2n 7,9% so v\u1edbi c\u00f9ng k\u1ef3, m\u1ee9c th\u1ea5p nh\u1ea5t k\u1ec3 t\u1eeb th\u00e1ng 11\/2024.\u201d<\/p>\n<p>\u201cL\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu ch\u00ednh ph\u1ee7 Trung Qu\u1ed1c k\u1ef3 h\u1ea1n 10 n\u0103m \u0111\u00e3 gi\u1ea3m xu\u1ed1ng d\u01b0\u1edbi 1,79% (\u0111\u01b0\u1eddng trung b\u00ecnh \u0111\u1ed9ng 200 ng\u00e0y), v\u00e0 khi t\u00e2m l\u00fd th\u1ecb tr\u01b0\u1eddng v\u1ed1n \u0111\u00e3 mong manh, tr\u00e1i phi\u1ebfu ch\u00ednh ph\u1ee7 c\u00f3 th\u1ec3 ti\u1ebfp t\u1ee5c thu h\u00fat d\u00f2ng ti\u1ec1n n\u1ebfu d\u1eef li\u1ec7u GDP qu\u00fd 1 v\u00e0 ho\u1ea1t \u0111\u1ed9ng kinh t\u1ebf c\u00f4ng b\u1ed1 v\u00e0o ng\u00e0y mai g\u00e2y th\u1ea5t v\u1ecdng.\u201d<\/p>\n<p>(B\u00e0i vi\u1ebft \u0111\u01b0\u1ee3c t\u1ea1o v\u1edbi s\u1ef1 h\u1ed7 tr\u1ee3 c\u1ee7a c\u00f4ng c\u1ee5 Tr\u00ed tu\u1ec7 Nh\u00e2n t\u1ea1o v\u00e0 \u0111\u00e3 \u0111\u01b0\u1ee3c bi\u00ean t\u1eadp vi\u00ean ki\u1ec3m duy\u1ec7t.)<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>C\u00e1c nh\u00e0 ph\u00e2n t\u00edch c\u1ee7a Societe Generale cho bi\u1ebft \u0111\u1ed3ng CNY \u0111\u00e3 l\u1ea5y l\u1ea1i \u0111\u00e0 t\u0103ng, v\u1edbi USD\/CNY ti\u1ebfn g\u1ea7n [&hellip;]<\/p>","protected":false},"author":5,"featured_media":71778,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[222],"tags":[],"class_list":["post-71777","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ngoai-hoi"],"acf":[],"_links":{"self":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts\/71777","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=71777"}],"version-history":[{"count":1,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts\/71777\/revisions"}],"predecessor-version":[{"id":72004,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts\/71777\/revisions\/72004"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/media\/71778"}],"wp:attachment":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/media?parent=71777"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/categories?post=71777"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/tags?post=71777"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}