{"id":10300,"date":"2026-05-11T10:04:26","date_gmt":"2026-05-11T02:04:26","guid":{"rendered":"https:\/\/insights.digift.io\/?p=10300"},"modified":"2026-05-11T14:06:33","modified_gmt":"2026-05-11T06:06:33","slug":"the-apac-credit-opportunity-is-missing-on-chain","status":"publish","type":"post","link":"https:\/\/insights.digift.io\/zh\/the-apac-credit-opportunity-is-missing-on-chain\/","title":{"rendered":"\u4e9a\u592a\u4fe1\u7528\u94fe\u4e0a\u673a\u9047\uff1a\u4ece\u53ef\u89e6\u8fbe\u5230\u53ef\u914d\u7f6e\u7684\u7ed3\u6784\u6027\u7f3a\u53e3"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"10300\" class=\"elementor elementor-10300\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-abfba36 e-flex e-con-boxed e-con e-parent\" data-id=\"abfba36\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b58cbd0 elementor-widget elementor-widget-text-editor\" data-id=\"b58cbd0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><em><strong>Henry Zhang<\/strong>\uff0cDigiFT\u521b\u59cb\u4eba\u517c\u96c6\u56e2\u9996\u5e2d\u6267\u884c\u5b98<\/em><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5b4ce56 elementor-widget elementor-widget-heading\" data-id=\"5b4ce56\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">\u4ece\u53ef\u89e6\u8fbe\u5230\u53ef\u914d\u7f6e<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f7158be elementor-widget elementor-widget-text-editor\" data-id=\"f7158be\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>\u4ee3\u5e01\u5316\u4fe1\u7528\u5e02\u573a\u5df2\u8fbe\u5230\u76f8\u5f53\u89c4\u6a21\u3002\u4f46\u82e5\u5ba1\u89c6\u5b9e\u9645\u5728\u94fe\u4e0a\u7684\u8d44\u4ea7\uff0c\u4e00\u4e2a\u7ed3\u6784\u6027\u7684\u7f3a\u53e3\u4fbf\u96be\u4ee5\u5ffd\u89c6\u3002<\/p><p>\u5982\u4eca\uff0c\u94fe\u4e0a\u6295\u8d44\u8005\u53ef\u4ee5\u901a\u8fc7\u6570\u5b57\u57fa\u7840\u8bbe\u65bd\u83b7\u53d6\u7f8e\u56fd\u56fd\u503a\u4ea7\u54c1\u3001\u8d27\u5e01\u5e02\u573a\u5de5\u5177\u4ee5\u53ca\u65e5\u76ca\u4e30\u5bcc\u7684\u4fe1\u7528\u7b56\u7565\u3002\u8fd9\u4e00\u8fdb\u5c55\u8868\u660e\uff0c\u4ee3\u5e01\u5316\u5df2\u4e0d\u518d\u5c40\u9650\u4e8e\u5b9e\u9a8c\u9636\u6bb5\uff0c\u5b83\u6b63\u9010\u6b65\u6210\u4e3a\u673a\u6784\u91d1\u878d\u4ea7\u54c1\u5206\u53d1\u4e0e\u83b7\u53d6\u65b9\u5f0f\u7684\u4e00\u90e8\u5206\u3002<\/p><p>\u7136\u800c\uff0c\u4ee3\u5e01\u5316\u4fe1\u7528\u5373\u4fbf\u5728\u8fc8\u5411\u4e3b\u6d41\uff0c\u5176\u53d1\u5c55\u4ecd\u4e0d\u5747\u8861\u3002<\/p><p>\u4fe1\u7528\u5e02\u573a\u957f\u671f\u5b58\u5728\u7279\u5b9a\u7684 <a href=\"https:\/\/rpc.cfainstitute.org\/blogs\/enterprising-investor\/2025\/private-markets-why-retail-investors-should-stay-away#:~:text=Illiquidity%2C%20opaque%20performance%20reporting%2C%20and%20misaligned%20incentives%20between%20fund%20managers%20and%20investors%20already%20challenge%20institutional%20participants\">\u7ed3\u6784\u6027\u4f4e\u6548\u95ee\u9898<\/a>\uff1a\u8fd0\u8425\u6469\u64e6\u3001\u4fe1\u606f\u4e0d\u900f\u660e\u4ee5\u53ca\u51c6\u5165\u58c1\u5792\uff0c\u8fd9\u4e9b\u56e0\u7d20\u5386\u53f2\u4e0a\u9650\u5236\u4e86\u8bb8\u591a\u79c1\u52df\u4fe1\u7528\u673a\u4f1a\u7684\u83b7\u53d6\u3002\u4ee3\u5e01\u5316\u6b63\u662f\u89e3\u51b3\u8fd9\u4e9b\u4f4e\u6548\u95ee\u9898\u6700\u6709\u529b\u7684\u76f4\u63a5\u624b\u6bb5\u3002\u65e9\u671f\u7684\u4ee3\u5e01\u5316\u4fe1\u7528\u5e02\u573a\u9996\u5148\u5728\u6700\u719f\u6089\u7684\u9886\u57df\u89e3\u51b3\u4e86\u8fd9\u4e9b\u95ee\u9898\u2014\u2014\u5373\u7f8e\u56fd\u548c\u897f\u65b9\u4fe1\u7528\u5e02\u573a\uff0c\u8fd9\u4e9b\u5730\u533a\u76d1\u7ba1\u6846\u67b6\u6e05\u6670\uff0c\u673a\u6784\u9700\u6c42\u5df2\u5f97\u5230\u9a8c\u8bc1\u3002<\/p><p>\u8bf8\u5982 <a href=\"https:\/\/securitize.io\/primary-market\/apollo-diversified-credit-securitize-fund\">Apollo ACRED<\/a> \u3001 <a href=\"https:\/\/securitize.io\/primary-market\/hl-scope\">Hamilton Lane SCOPE<\/a> \uff08\u5747\u901a\u8fc7 Securitize \u5206\u53d1\uff09\u4ee5\u53ca <a href=\"https:\/\/insights.digift.io\/zh\/digift-collaborates-with-invesco-on-tokenized-solution\/\">Invesco iSNR<\/a> \uff08\u901a\u8fc7 DigiFT \u5206\u53d1\uff09\u7b49\u4ea7\u54c1\u5df2\u8bc1\u660e\uff0c\u6570\u5b57\u57fa\u7840\u8bbe\u65bd\u80fd\u591f\u5728\u673a\u6784\u89c4\u6a21\u4e0a\u652f\u6301\u771f\u5b9e\u7684\u4fe1\u7528\u7b56\u7565\u3002\u8fd9\u4e9b\u4ea7\u54c1\u5171\u540c\u8868\u660e\uff0c\u5e02\u573a\u7684\u65e9\u671f\u589e\u957f\u4e3b\u8981\u7531\u7f8e\u5143\u8ba1\u4ef7\u7684\u655e\u53e3\u548c\u897f\u65b9\u4fe1\u7528\u52a8\u6001\u6240\u5851\u9020\u3002\u7136\u800c\uff0c\u4ee3\u5e01\u5316\u6700\u64c5\u957f\u89e3\u51b3\u7684\u67d0\u4e9b\u51c6\u5165\u6469\u64e6\uff0c\u5728\u90a3\u4e9b\u5206\u9500\u4ecd\u7136\u66f4\u591a\u4f9d\u8d56\u5173\u7cfb\u4e3b\u5bfc\u3001\u6807\u51c6\u5316\u7a0b\u5ea6\u8f83\u4f4e\u7684\u5e02\u573a\u4e2d\uff0c\u53ef\u80fd\u66f4\u4e3a\u7a81\u51fa\u3002<\/p><p>\u7b2c\u4e00\u6ce2\u4ee3\u5e01\u5316\u4fe1\u7528\u6d6a\u6f6e\u5df2\u7ecf\u5b8c\u6210\u4e86\u5b83\u9700\u8981\u5b8c\u6210\u7684\u4efb\u52a1\u3002\u4f46\u5c1a\u672a\u505a\u5230\u7684\u662f\uff0c\u5c06\u8fd9\u4e00\u89e3\u51b3\u65b9\u6848\u66f4\u5e7f\u6cdb\u5730\u5ef6\u4f38\u5230\u5e02\u573a\u4e2d\u90a3\u4e9b\u51c6\u5165\u95ee\u9898\u53ef\u80fd\u66f4\u4e25\u91cd\u7684\u9886\u57df\u3002<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cc41989 elementor-widget elementor-widget-heading\" data-id=\"cc41989\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">\u94fe\u4e0a\u4fe1\u7528\u7248\u56fe\u4e2d\u7684\u7f3a\u53e3<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0e8e1d9 elementor-widget elementor-widget-text-editor\" data-id=\"0e8e1d9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>\u5bf9\u4e8e\u5728\u4f20\u7edf\u6295\u8d44\u7ec4\u5408\u4e2d\u5df2\u6301\u6709\u5927\u91cf\u7f8e\u56fd\u4fe1\u7528\u655e\u53e3\u7684\u8d44\u4ea7\u914d\u7f6e\u8005\u800c\u8a00\uff0c\u5f53\u4eca\u7684\u4ee3\u5e01\u5316\u4fe1\u7528\u5e02\u573a\u5927\u591a\u63d0\u4f9b\u4e86\u66f4\u597d\u7684\u57fa\u7840\u8bbe\u65bd\uff0c\u4f46\u4e0d\u4e00\u5b9a\u80fd\u5e26\u6765\u66f4\u5e7f\u6cdb\u7684\u591a\u5143\u5316\u3002\u5e95\u5c42\u8f68\u9053\u53ef\u80fd\u662f\u65b0\u7684\uff0c\u4f46\u98ce\u9669\u655e\u53e3\u53ef\u80fd\u4f9d\u7136\u4f3c\u66fe\u76f8\u8bc6\u3002\u5982\u679c\u4ee3\u5e01\u5316\u8981\u5728\u6295\u8d44\u7ec4\u5408\u5c42\u9762\u4ea7\u751f\u5b9e\u9645\u610f\u4e49\u2014\u2014\u800c\u4e0d\u4ec5\u4ec5\u662f\u5728\u7ed3\u7b97\u6216\u83b7\u53d6\u5c42\u9762\u2014\u2014\u5e02\u573a\u9700\u8981\u66f4\u5e7f\u6cdb\u7684\u7b56\u7565\u3001\u5730\u57df\u548c\u4fe1\u7528\u5468\u671f\u3002<\/p><p>\u4e9a\u592a\u5730\u533a\u4fe1\u7528\u6b63\u662f\u8fd9\u4e00\u6269\u5c55\u6700\u660e\u786e\u7684\u843d\u811a\u70b9\u4e4b\u4e00\u3002<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d8a499e elementor-widget elementor-widget-heading\" data-id=\"d8a499e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">\u4e3a\u4f55\u4e9a\u592a\u4fe1\u7528\u5e94\u7eb3\u5165\u6295\u8d44\u7ec4\u5408<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9bbd29a elementor-widget elementor-widget-text-editor\" data-id=\"9bbd29a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>\u4e9a\u592a\u4fe1\u7528\u7684\u7406\u7531\u4e0d\u4ec5\u4ec5\u662f\u5730\u7406\u4e0a\u7684\u3002\u5b83\u5173\u4e4e\u76f8\u5173\u6027\u3001\u5468\u671f\u548c\u6784\u6210\u3002<\/p><p>\u4e9a\u592a\u4fe1\u7528\u7531\u4e0e\u7f8e\u56fd\u4e2d\u5fc3\u4fe1\u7528\u5e02\u573a <a href=\"https:\/\/https:\/sclowy.com\/news\/2026-outlook-why-asia-pacific-is-the-next-frontier-for-private-credit\/\">\u4e0d\u540c\u7684\u501f\u6b3e\u4eba\u7ec4\u5408\u3001\u884c\u4e1a\u3001\u653f\u7b56\u73af\u5883\u548c\u878d\u8d44\u6761\u4ef6\u6240\u5851\u9020<\/a> \u3002\u5b83\u4e0d\u662f\u4e00\u4e2a\u5355\u4e00\u7684\u7edf\u4e00\u5e02\u573a\uff0c\u800c\u662f\u7531\u591a\u4e2a\u6709\u7740 <a href=\"https:\/\/www.aima.org\/article\/press-release-report-highlights-asia-pacific-s-growing-global-private-credit-market.html\">\u4e0d\u540c\u518d\u878d\u8d44\u9700\u6c42<\/a>, <a href=\"https:\/\/www.legalbusinessonline.com\/features\/private-capital-private-credit-surge\">\u6cd5\u5f8b\u6846\u67b6<\/a>\u548c <a href=\"https:\/\/www.gfmag.com\/private-credit\/private-credit-poised-for-growth\">\u884c\u4e1a\u52a8\u6001\u7684\u7ecf\u6d4e\u4f53\u6784\u6210<\/a>.<\/p><p>\u5bf9\u6295\u8d44\u8005\u800c\u8a00\uff0c\u8fd9\u4e00\u70b9\u5f88\u91cd\u8981\uff0c\u56e0\u4e3a\u6295\u8d44\u7ec4\u5408\u7684\u96c6\u4e2d\u6027\u4e0d\u4ec5\u6765\u81ea\u8d44\u4ea7\u7c7b\u522b\uff0c\u8fd8\u53ef\u80fd\u6765\u81ea\u5730\u57df\u3001\u653f\u7b56\u4f53\u5236\u548c\u4fe1\u7528\u5468\u671f\u3002\u745e\u94f6 <em>\u300a2026\u5e74\u4e9a\u6d32\u4fe1\u7528\u5c55\u671b\u300b<\/em> \u6307\u51fa\uff0c\u7f8e\u56fd\u7279\u6709\u7684\u5b8f\u89c2\u51b2\u51fb\u5bf9 <a href=\"https:\/\/www.ubs.com\/global\/en\/assetmanagement\/insights\/thematic-viewpoints\/alternatives\/articles\/asian-credit-outlook-2026.html\">\u4e9a\u6d32\u4fe1\u7528\u5e02\u573a\u7684\u76f4\u63a5\u5f71\u54cd\u6709\u9650<\/a>\uff0c\u56e0\u4e3a\u8bb8\u591a\u53d1\u884c\u4eba\u5bf9\u7f8e\u56fd\u76f4\u63a5\u51fa\u53e3\u7684\u98ce\u9669\u655e\u53e3\u76f8\u5bf9\u8f83\u4f4e\u3002<\/p><p>\u8fd9\u79cd\u7ed3\u6784\u6027\u7edd\u7f18\u57282025\u5e74\u7684\u5173\u7a0e\u51b2\u51fb\u53ca\u5176\u540e\u7684\u5730\u7f18\u653f\u6cbb\u6ce2\u52a8\u4e2d\u4e5f\u663e\u800c\u6613\u89c1\uff0c\u5f53\u65f6\u4e9a\u592a\u4fe1\u7528\u4f3c\u4e4e\u4e0e\u7f8e\u56fd\u4fe1\u7528\u5e02\u573a\u6240\u53d7\u9a71\u52a8\u56e0\u7d20\u7684\u76f4\u63a5\u5173\u8054\u5ea6\u8f83\u4f4e\u3002\u8fd9\u5e76\u975e\u56e0\u4e3a\u5b83\u5bf9\u5168\u7403\u73af\u5883\u514d\u75ab\uff0c\u800c\u662f\u56e0\u4e3a\u8be5\u5730\u533a\u4fe1\u7528\u8d28\u91cf\u7684\u51b3\u5b9a\u56e0\u7d20\u6839\u672c\u4e0d\u540c\uff0c\u4f8b\u5982\u533a\u57df\u592e\u884c\u7684\u653f\u7b56\u3001\u672c\u5730\u518d\u878d\u8d44\u6761\u4ef6\u3001\u56fd\u5185\u6d88\u8d39\u52a8\u6001\uff0c\u4ee5\u53ca\u4e0e <a href=\"https:\/\/pitchbook.com\/news\/articles\/private-credit-activity-stays-strong-in-2025-buoyed-by-lbo-deals\">\u7f8e\u56fd\u6760\u6746\u6536\u8d2d\u76db\u884c\u7684\u79c1\u52df\u4fe1\u7528\u5e02\u573a\u622a\u7136\u4e0d\u540c\u7684\u884c\u4e1a\u6784\u6210<\/a>.<\/p><p>\u5bf9\u4e8e\u8d44\u4ea7\u914d\u7f6e\u8005\u800c\u8a00\uff0c\u4e9a\u592a\u4fe1\u7528\u7684\u4ef7\u503c\u4e0d\u4ec5\u4ec5\u662f\u66f4\u9ad8\u7684\u6536\u76ca\u7387\u3002\u5b83\u63d0\u4f9b\u7684\u662f\u4e0e\u5851\u9020\u8bb8\u591a\u73b0\u6709\u7f8e\u56fd\u4e2d\u5fc3\u6301\u4ed3\u4e0d\u540c\u7684\u533a\u57df\u4fe1\u7528\u9a71\u52a8\u56e0\u7d20\u7ec4\u5408\u3002\u8fd9\u662f\u771f\u6b63\u7684\u591a\u5143\u5316\uff0c\u800c\u975e\u4e3a\u6c42\u5730\u7406\u5dee\u5f02\u800c\u5730\u7406\u5dee\u5f02\u3002<\/p><p>\u8fd9\u79cd\u7ed3\u6784\u6027\u7edd\u7f18\u57282025\u5e74\u7684\u5173\u7a0e\u51b2\u51fb\u53ca\u5176\u540e\u7684\u5730\u7f18\u653f\u6cbb\u6ce2\u52a8\u4e2d\u4e5f\u663e\u800c\u6613\u89c1\uff0c\u5f53\u65f6 <a href=\"https:\/\/am.jpmorgan.com\/content\/dam\/jpm-am-aem\/asiapacific\/regional\/en\/insights\/market-insights\/daily-guide-updated.pdf\">\u4e9a\u592a\u4fe1\u7528\u4f3c\u4e4e\u4e0e\u7f8e\u56fd\u4fe1\u7528\u5e02\u573a\u6240\u53d7\u9a71\u52a8\u56e0\u7d20\u7684\u76f4\u63a5\u5173\u8054\u5ea6\u8f83\u4f4e<\/a>\u3002\u6210\u719f\u7684\u914d\u7f6e\u8005\u4f1a\u6ce8\u610f\u5230\uff0c\u8fd9\u4e24\u4e2a\u6307\u6570\u5728\u6784\u6210\u3001\u4e45\u671f\u548c\u8d27\u5e01\u7279\u5f81\u4e0a\u5b58\u5728\u5dee\u5f02\u2014\u2014\u8fd9\u4e00\u6bd4\u8f83\u4ec5\u4e3a\u793a\u610f\u6027\uff0c\u5e76\u975e\u5b9a\u8bba\u3002<\/p><p>\u4e0e\u6b64\u540c\u65f6\uff0c\u7ed3\u6784\u6027\u589e\u957f\u7684\u6545\u4e8b\u4ecd\u7136\u5b8c\u597d\u3002\u6839\u636eAIMA\u7684\u6570\u636e\uff0c\u4e9a\u592a\u79c1\u52df\u4fe1\u7528\u5e02\u573a\u9884\u8ba1\u5c06 <a href=\"https:\/\/www.aima.org\/article\/press-release-report-highlights-asia-pacific-s-growing-global-private-credit-market.html\">\u4ece2024\u5e74\u7684590\u4ebf\u7f8e\u5143\u589e\u957f\u81f32027\u5e74\u7684920\u4ebf\u7f8e\u5143<\/a>\u3002\u5c3d\u7ba1\u4e9a\u592a\u5e02\u573a\u7684\u673a\u4f1a\u6db5\u76d6\u516c\u52df\u548c\u79c1\u52df\u4fe1\u7528\uff0c\u4f46\u5927\u90e8\u5206\u7ed3\u6784\u6027\u52a8\u529b\u96c6\u4e2d\u5728\u79c1\u52df\u4fe1\u7528\u9886\u57df\uff0c\u5728\u8be5\u9886\u57df\uff0c <a href=\"https:\/\/sclowy.com\/news\/banks-retreat-private-credit-advances-asia-pacifics-quiet-lending-revolution\">\u5df4\u585e\u5c14\u534f\u8baeIII\u4e0b\u66f4\u4e25\u683c\u7684\u8d44\u672c\u8981\u6c42<\/a> \u52a0\u901f\u4e86\u94f6\u884c\u5728\u6574\u4e2a\u5730\u533a\u7684\u4e2d\u578b\u5e02\u573a\u8d37\u6b3e\u6536\u7f29\uff0c\u9020\u6210\u4e86\u878d\u8d44\u7f3a\u53e3\uff0c\u800c\u4e13\u4e1a\u7684\u79c1\u52df\u4fe1\u7528\u7ba1\u7406\u673a\u6784\u8d8a\u6765\u8d8a\u6709\u80fd\u529b\u586b\u8865\u8fd9\u4e00\u7f3a\u53e3\u3002<\/p><p>\u5728\u8bb8\u591a\u60c5\u51b5\u4e0b\uff0c\u501f\u6b3e\u4eba\u8f6c\u5411\u79c1\u52df\u4fe1\u7528\uff0c\u662f\u56e0\u4e3a <a href=\"https:\/\/sclowy.com\/news\/banks-retreat-private-credit-advances-asia-pacifics-quiet-lending-revolution\/#:~:text=Mid%2Dmarket%20corporates%2C%20asset%2Dheavy%20businesses%2C%20and%20infrastructure%2Dlinked%20borrowers%20increasingly%20struggle%20to%20secure%20funding%2C%20not%20due%20to%20weak%20fundamentals%2C%20but%20because%20banks%20lack%20flexibility%2C%20risk%20appetite%20or%20balance%20sheet%20capacity\">\u4f20\u7edf\u94f6\u884c\u8d37\u6b3e\u53c2\u6570\u6536\u7d27<\/a>\uff0c\u800c\u672a\u5fc5\u662f\u57fa\u7840\u4e1a\u52a1\u9677\u5165\u56f0\u5883\u3002\u8fd9\u79cd\u52a8\u6001\u53ef\u80fd\u521b\u9020\u51fa\u4e00\u5957\u4e0e\u8bb8\u591a\u8d44\u4ea7\u914d\u7f6e\u8005\u53ef\u80fd\u8054\u60f3\u5230\u7684 <a href=\"https:\/\/sclowy.com\/news\/banks-retreat-private-credit-advances-asia-pacifics-quiet-lending-revolution\/#:~:text=Importantly%2C%20the%20opportunity,relationship%2Dbased%20financing.\">\u9ad8\u6536\u76ca\u4fe1\u7528\u98ce\u9669\u4e0d\u540c\u7684\u673a\u4f1a\u96c6\u5408<\/a>.<\/p><p>\u94fe\u4e0a\u6295\u8d44\u7ec4\u5408\u9762\u4e34\u7740\u4e0e\u4f20\u7edf\u6295\u8d44\u7ec4\u5408\u76f8\u540c\u7684\u96c6\u4e2d\u98ce\u9669\u3002\u4e00\u4e2a\u4e3b\u8981\u7531\u897f\u65b9\u77ed\u671f\u5de5\u5177\u548c\u7f8e\u56fd\u4e2d\u5fc3\u4fe1\u7528\u6784\u5efa\u7684\u6295\u8d44\u7ec4\u5408\u53ef\u80fd\u5728\u64cd\u4f5c\u4e0a\u6709\u7528\uff0c\u4f46\u4ecd\u7136\u66b4\u9732\u4e8e\u72ed\u7a84\u7684\u5b8f\u89c2\u9a71\u52a8\u56e0\u7d20\u96c6\u5408\u3002\u4e0b\u4e00\u6b65\u4e0d\u4ec5\u4ec5\u662f\u66f4\u591a\u4ee3\u5e01\u5316\u7684\u6536\u76ca\uff0c\u800c\u662f\u66f4\u5177\u5dee\u5f02\u5316\u7684\u4ee3\u5e01\u5316\u655e\u53e3\u3002<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-371a040 elementor-widget elementor-widget-heading\" data-id=\"371a040\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">\u8f6c\u53d8\u5df2\u5728\u53d1\u751f<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8606aa8 elementor-widget elementor-widget-text-editor\" data-id=\"8606aa8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>\u6b64\u7c7b\u7b56\u7565\u7684\u51c6\u5165\u95e8\u69db\u5386\u6765\u5f88\u9ad8\uff0c\u56e0\u4e3a\u9700\u8981\u76f4\u63a5\u7684\u7ba1\u7406\u4eba\u5173\u7cfb\u4ee5\u53ca\u4e3a\u4f20\u7edf\u57fa\u91d1\u5206\u9500\u800c\u5efa\u7684\u8fd0\u8425\u57fa\u7840\u8bbe\u65bd\u3002\u8fd9\u5c31\u662f\u4e3a\u4ec0\u4e48\u5386\u53f2\u4e0a\u5f88\u5c11\u4e9a\u592a\u79c1\u52df\u4fe1\u7528\u8fdb\u5165\u94fe\u4e0a\u6295\u8d44\u7ec4\u5408\u3002<\/p><p><a href=\"https:\/\/insights.digift.io\/zh\/digift-and-flow-capital-launch-apac-credit-strategy-on-chain\/\">FLOWC \u4ee3\u5e01<\/a>\uff0c\u6700\u8fd1\u5728 DigiFT \u5e73\u53f0\u4e0a\u7ebf\u7684\uff0c\u6b63\u662f\u964d\u4f4e\u8fd9\u4e00\u95e8\u69db\u540e\u7684\u4e00\u4e2a\u4f8b\u5b50\u2014\u2014\u4e0d\u662f\u901a\u8fc7\u6539\u53d8\u5e95\u5c42\u7b56\u7565\uff0c\u800c\u662f\u901a\u8fc7\u6539\u53d8\u5176\u5206\u9500\u65b9\u5f0f\u3002<\/p><p>FLOWC \u63d0\u4f9b\u4e86\u5bf9 <a href=\"https:\/\/www.flowcp.com\/\">Flow Capital Partners<\/a>\u7ba1\u7406\u7684\u4e9a\u592a\u805a\u7126\u7b56\u7565\u7684\u94fe\u4e0a\u63a5\u5165\u3002Flow Capital Partners \u662f\u4e00\u5bb6\u603b\u90e8\u4f4d\u4e8e\u9999\u6e2f\u3001\u83b7\u9999\u6e2f\u8bc1\u76d1\u4f1a\u53d1\u724c\u7684\u975e\u4e3b\u6d41\u8d44\u4ea7\u7ba1\u7406\u516c\u53f8\uff0c\u5728\u533a\u57df\u4fe1\u7528\u5e02\u573a\u62e5\u6709\u6df1\u539a\u6839\u57fa\u3002\u8be5\u7b56\u7565\u6db5\u76d6\u79c1\u52df\u548c\u516c\u52df\u4fe1\u7528\uff0c\u805a\u7126\u4e8e\u4f18\u5148\u62c5\u4fdd\u8d37\u6b3e\u3001\u8d44\u4ea7\u652f\u6301\u878d\u8d44\uff0c\u4ee5\u53ca\u5728\u6fb3\u5927\u5229\u4e9a\u3001\u9999\u6e2f\u3001\u65e5\u672c\u3001\u97e9\u56fd\u3001\u4e2d\u56fd\u5927\u9646\u3001\u65b0\u897f\u5170\u548c\u65b0\u52a0\u5761\u7b49\u5730\u7684\u9009\u62e9\u6027\u516c\u52df\u4fe1\u7528\u673a\u4f1a\u3002<\/p><p>\u5176\u5f15\u4eba\u6ce8\u76ee\u4e4b\u5904\u5e76\u975e\u4ee3\u5e01\u5316\u672c\u8eab\uff0c\u800c\u662f\u88ab\u4ee3\u5e01\u5316\u7684\u5185\u5bb9\u3002\u4e00\u4e2a\u4f9d\u6258\u672c\u5730\u4fe1\u7528\u4e13\u957f\u3001\u5b9e\u5730\u9879\u76ee\u83b7\u53d6\u80fd\u529b\u4ee5\u53ca\u8de8\u771f\u6b63\u591a\u6837\u5316\u53f8\u6cd5\u8f96\u533a\u548c\u6cd5\u5f8b\u73af\u5883\u7684\u627f\u9500\u80fd\u529b\u6784\u5efa\u7684\u7b56\u7565\u2014\u2014\u8fd9\u7c7b\u7b56\u7565\u7684\u51c6\u5165\u95e8\u69db\u5386\u6765\u5f88\u9ad8\u2014\u2014\u5982\u4eca\u53ef\u901a\u8fc7\u53d7\u76d1\u7ba1\u7684\u6570\u5b57\u57fa\u7840\u8bbe\u65bd\u83b7\u5f97\u3002<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-58e619d elementor-widget elementor-widget-heading\" data-id=\"58e619d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">\u8fd9\u5bf9\u673a\u6784\u914d\u7f6e\u8005\u610f\u5473\u7740\u4ec0\u4e48<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4c00b50 elementor-widget elementor-widget-text-editor\" data-id=\"4c00b50\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>\u5bf9\u4e8e\u4f20\u7edf\u8d44\u4ea7\u914d\u7f6e\u8005\u800c\u8a00\uff0c\u6295\u8d44\u7406\u7531\u59cb\u4e8e\u6295\u8d44\u7ec4\u5408\u6784\u5efa\u903b\u8f91\u3002\u8bb8\u591a\u673a\u6784\u6295\u8d44\u7ec4\u5408\u5df2\u6301\u6709\u7f8e\u56fd\u6295\u8d44\u7ea7\u6216\u9ad8\u6536\u76ca\u503a\u5238\u655e\u53e3\uff0c\u800c\u4e9a\u592a\u4fe1\u7528\u53ef\u4ee5\u5f15\u5165\u4e0d\u540c\u7684\u533a\u57df\u9a71\u52a8\u56e0\u7d20\u7ec4\u5408\u2014\u2014\u5305\u62ec\u672c\u5730\u518d\u878d\u8d44\u6761\u4ef6\u3001\u884c\u4e1a\u655e\u53e3\u548c\u653f\u7b56\u73af\u5883\u2014\u2014\u8fd9\u53ef\u80fd\u6709\u52a9\u4e8e\u5728\u6295\u8d44\u7ec4\u5408\u5c42\u9762\u964d\u4f4e\u96c6\u4e2d\u5ea6\u3002<\/p><p>\u65f6\u673a\u4e5f\u5f88\u91cd\u8981\u3002\u968f\u7740\u5df4\u585e\u5c14\u534f\u8baeIII\u7684\u6536\u7f29\u5bfc\u81f4\u5bfb\u6c42\u79c1\u52df\u4fe1\u7528\u7684\u501f\u6b3e\u4eba\u6301\u7eed\u4f9b\u5e94\uff0c\u4e14\u673a\u6784\u5bf9\u4e9a\u592a\u4fe1\u7528\u7684\u914d\u7f6e\u76f8\u8f83\u4e8e\u66f4\u6210\u719f\u7684\u897f\u65b9\u5e02\u573a\u4ecd\u5728\u53d1\u5c55\u4e2d\uff0c\u8be5\u5730\u533a\u53ef\u80fd\u4ecd\u662f\u5bfb\u6c42\u5c06\u4fe1\u7528\u655e\u53e3\u62d3\u5bbd\u81f3\u5e02\u573a\u6700\u62e5\u6324\u9886\u57df\u4e4b\u5916\u7684\u914d\u7f6e\u8005\u7684\u91cd\u8981\u9635\u5730\u3002<\/p><p>\u5bf9\u4e8e\u5728\u6570\u5b57\u57fa\u7840\u8bbe\u65bd\u4e2d\u539f\u751f\u7ba1\u7406\u6295\u8d44\u7ec4\u5408\u7684\u94fe\u4e0a\u6295\u8d44\u8005\u800c\u8a00\uff0c\u8bba\u70b9\u4e0d\u540c\u4f46\u540c\u6837\u6709\u529b\u3002\u5f53\u4eca\u8bb8\u591a\u94fe\u4e0a\u6536\u76ca\u4ecd\u7136\u6765\u81ea\u76f8\u5bf9\u72ed\u7a84\u7684\u6765\u6e90\u2014\u2014\u52a0\u5bc6\u539f\u751f\u501f\u8d37\u3001\u6d41\u52a8\u6027\u8d28\u62bc\u3001RWA \u56fd\u503a\uff0c\u4ee5\u53ca\u8d8a\u6765\u8d8a\u591a\u7684\u4ee3\u5e01\u5316\u897f\u65b9\u4fe1\u7528\u3002<\/p><p>\u4e9a\u592a\u4fe1\u7528\u80fd\u591f\u5e26\u6765\u7684\u662f\u7531\u4e0e\u8bb8\u591a\u73b0\u6709\u94fe\u4e0a\u5de5\u5177\u4e0d\u540c\u7684\u57fa\u7840\u57fa\u672c\u9762\u6240\u9a71\u52a8\u7684\u6536\u76ca\u3002\u5176\u56de\u62a5\u9a71\u52a8\u56e0\u7d20\u4e0e\u4e9a\u592a\u501f\u6b3e\u4eba\u72b6\u51b5\u548c\u533a\u57df\u4fe1\u7528\u5e02\u573a\u76f8\u5173\uff0c\u800c\u975e\u76f4\u63a5\u4e0e DeFi \u6d41\u52a8\u6027\u52a8\u6001\u6216\u5355\u4e00\u7f8e\u56fd\u4e2d\u5fc3\u5b8f\u89c2\u53d9\u4e8b\u6302\u94a9\u3002\u5bf9\u4e8e\u8bd5\u56fe\u5728\u4e0d\u540c\u5e02\u573a\u5468\u671f\u4e2d\u6784\u5efa\u66f4\u5177\u97e7\u6027\u7684\u94fe\u4e0a\u6295\u8d44\u7ec4\u5408\u7684\u914d\u7f6e\u8005\u800c\u8a00\uff0c\u8fd9\u53ef\u80fd\u662f\u4e00\u4e2a\u6709\u610f\u4e49\u7684\u6295\u8d44\u7ec4\u5408\u5c5e\u6027\u3002<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9ff0f26 elementor-widget elementor-widget-heading\" data-id=\"9ff0f26\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">\u66f4\u5b8c\u5907\u7684\u5e02\u573a\u5e94\u662f\u4ec0\u4e48\u6837<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5b75687 elementor-widget elementor-widget-text-editor\" data-id=\"5b75687\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>\u8fd9\u4e00\u5207\u5e76\u975e\u6ca1\u6709\u590d\u6742\u6027\u3002\u4e9a\u592a\u79c1\u52df\u548c\u516c\u52df\u4fe1\u7528\u6d89\u53ca\u771f\u5b9e\u98ce\u9669\uff0c\u5305\u62ec\u53f8\u6cd5\u7ba1\u8f96\u533a\u5728\u503a\u6743\u4eba\u4fdd\u62a4\u65b9\u9762\u7684\u5dee\u5f02\u3001\u8d27\u5e01\u98ce\u9669\u3001\u6d41\u52a8\u6027\u9650\u5236\uff0c\u4ee5\u53ca\u8de8\u4e0d\u540c\u6cd5\u5f8b\u73af\u5883\u8fdb\u884c\u627f\u9500\u7684\u8fd0\u8425\u8981\u6c42\u3002\u7ba1\u7406\u4eba\u7684\u9009\u62e9\u81f3\u5173\u91cd\u8981\uff0c\u533a\u57df\u4e13\u4e1a\u77e5\u8bc6\u7684\u8d28\u91cf\u4e5f\u53c2\u5dee\u4e0d\u9f50\u3002\u8fd9\u4e9b\u662f\u4fdd\u6301\u9009\u62e9\u6027\u7684\u7406\u7531\uff0c\u800c\u975e\u9000\u51fa\u7684\u7406\u7531\u3002<\/p><p>\u4ee3\u5e01\u5316\u5df2\u8bc1\u660e\u6570\u5b57\u57fa\u7840\u8bbe\u65bd\u53ef\u4ee5\u652f\u6301\u771f\u5b9e\u8d44\u4ea7\u3001\u6539\u5584\u5206\u9500\uff0c\u5e76\u5728\u65e5\u76ca\u53ef\u4fe1\u7684\u76d1\u7ba1\u6846\u67b6\u5185\u8fd0\u4f5c\u3002\u4e0b\u4e00\u9636\u6bb5\u662f\u4ece\u53ef\u89e6\u8fbe\u8d70\u5411\u53ef\u914d\u7f6e\u2014\u2014\u4ece\u8bc1\u660e\u4ea7\u54c1\u53ef\u4ee5\u4e0a\u94fe\uff0c\u5230\u6784\u5efa\u56e0\u4e3a\u4e0a\u94fe\u800c\u771f\u6b63\u66f4\u6709\u7528\u7684\u6295\u8d44\u7ec4\u5408\u3002<\/p><p>\u4e9a\u592a\u4fe1\u7528\u5e76\u975e\u5bf9\u5df2\u6709\u4e8b\u7269\u7684\u7b80\u5355\u5730\u57df\u53d8\u79cd\u3002\u4ee3\u5e01\u5316\u5bf9\u673a\u6784\u914d\u7f6e\u8005\u7684\u957f\u671f\u76f8\u5173\u6027\uff0c\u5c06\u8d8a\u6765\u8d8a\u5c11\u5730\u53d6\u51b3\u4e8e\u591a\u5c11\u4ea7\u54c1\u5df2\u88ab\u6570\u5b57\u5316\uff0c\u800c\u66f4\u591a\u5730\u53d6\u51b3\u4e8e\u771f\u6b63\u5bf9\u6295\u8d44\u7ec4\u5408\u6784\u5efa\u91cd\u8981\u7684\u5168\u90e8\u7b56\u7565\u80fd\u5426\u5728\u53d7\u76d1\u7ba1\u7684\u6570\u5b57\u8f68\u9053\u4e0a\u8fd0\u884c\u3002<\/p><p>\u8fd9\u5c31\u662f\u4e00\u4e2a\u66f4\u5b8c\u5907\u7684\u94fe\u4e0a\u4fe1\u7528\u5e02\u573a\u5e94\u6709\u7684\u6837\u5b50\u2014\u2014\u4e5f\u662f\u673a\u6784\u4ee3\u5e01\u5316\u4e0b\u4e00\u6b65\u9700\u8981\u524d\u8fdb\u7684\u65b9\u5411\u3002<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ab399cc elementor-widget elementor-widget-text-editor\" data-id=\"ab399cc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><em>Flow Credit Fund Token (FLOWC) \u53ef\u901a\u8fc7 DigiFT \u53d7\u76d1\u7ba1\u5e73\u53f0\u9762\u5411\u65b0\u52a0\u5761\u7684\u5408\u683c\u6295\u8d44\u8005\u548c\u673a\u6784\u6295\u8d44\u8005\u4ee5\u53ca\u9999\u6e2f\u7684\u4e13\u4e1a\u6295\u8d44\u8005\u63d0\u4f9b\u3002\u672c\u6587\u4ec5\u4f9b\u4fe1\u606f\u53c2\u8003\uff0c\u4e0d\u6784\u6210\u6295\u8d44\u5efa\u8bae\u6216\u8ba4\u8d2d\u9080\u8bf7\u3002<\/em><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-426de47 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"426de47\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a9a7959 elementor-widget elementor-widget-heading\" data-id=\"a9a7959\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">\u53c2\u8003\u6587\u732e<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1ae3322 elementor-widget elementor-widget-text-editor\" data-id=\"1ae3322\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li><strong>CFA Institute<\/strong> (2025) <a href=\"https:\/\/rpc.cfainstitute.org\/blogs\/enterprising-investor\/2025\/private-markets-why-retail-investors-should-stay-away\"><em>Private Markets: Why Retail Investors Should Stay Away<\/em><\/a>.<\/li><li><strong>Securitize<\/strong> (Live) <a href=\"https:\/\/securitize.io\/primary-market\/apollo-diversified-credit-securitize-fund\"><em>Securitize Tokenized Apollo Diversified Credit Fund<\/em><\/a> (Accessed 9 Apr 2026).<\/li><li><strong>Securitize<\/strong> (Live) <a href=\"https:\/\/securitize.io\/primary-market\/hl-scope\"><em>Hamilton Lane Senior Credit Opportunities Securitize Fund<\/em><\/a> (Accessed 9 Apr 2026).<\/li><li><strong>DigiFT<\/strong> (2025) <a href=\"https:\/\/insights.digift.io\/zh\/digift-collaborates-with-invesco-on-tokenized-solution\/\"><em>DigiFT collaborates with Invesco on Tokenized Solution<\/em><\/a><em>.<\/em><\/li><li><strong>SC Lowy<\/strong> (2025) <a href=\"https:\/\/sclowy.com\/news\/2026-outlook-why-asia-pacific-is-the-next-frontier-for-private-credit\/\"><em>2026 Outlook: Why Asia-Pacific is the next frontier for private credit<\/em><\/a><em>.<\/em><\/li><li><strong>AIMA<\/strong> (2025) <a href=\"https:\/\/www.aima.org\/article\/press-release-report-highlights-asia-pacific-s-growing-global-private-credit-market.html\"><em>Press Release: Report highlights Asia-Pacific\u2019s growing global private credit market<\/em><\/a><em>.<\/em><\/li><li><strong>Asian Legal Business<\/strong> (2024) <a href=\"https:\/\/www.legalbusinessonline.com\/features\/private-capital-private-credit-surge\"><em>Private Capital: Private Credit Surge<\/em><\/a><em>.<\/em><\/li><li><strong>Global Finance Magazine<\/strong> (2026) <a href=\"https:\/\/gfmag.com\/private-credit\/private-credit-poised-for-growth\/\"><em>Flexible financing solutions attracting issuers, investors to APAC private credit market<\/em><\/a><em>.<\/em><\/li><li><strong>UBS Asset management<\/strong> (2026) <a href=\"https:\/\/www.ubs.com\/global\/en\/assetmanagement\/insights\/thematic-viewpoints\/alternatives\/articles\/asian-credit-outlook-2026.html\"><em>\u300a2026\u5e74\u4e9a\u6d32\u4fe1\u7528\u5c55\u671b\u300b<\/em><\/a>.<\/li><li><strong>PitchBook <\/strong>(2026) <a href=\"https:\/\/pitchbook.com\/news\/articles\/private-credit-activity-stays-strong-in-2025-buoyed-by-lbo-deals\"><em>Private credit activity stays strong in 2025, buoyed by LBO deals<\/em><\/a>.<\/li><li><strong>JPM Asset management<\/strong> (Live) <a href=\"https:\/\/am.jpmorgan.com\/content\/dam\/jpm-am-aem\/asiapacific\/regional\/en\/insights\/market-insights\/daily-guide-updated.pdf\"><em>Market Insights: Daily Guide<\/em><\/a> (Accessed 9 Apr 2026).<\/li><li><strong>SC Lowy<\/strong> (2026) <a href=\"https:\/\/sclowy.com\/news\/banks-retreat-private-credit-advances-asia-pacifics-quiet-lending-revolution\"><em>Banks retreat, private credit advances: Asia Pacific\u2019s quiet lending revolution<\/em><\/a><em>.<\/em><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-610def6 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"610def6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fc404c2 elementor-widget elementor-widget-text-editor\" data-id=\"fc404c2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"MsoNormal\"><b>\u514d\u8d23\u58f0\u660e<\/b><span lang=\"EN-US\">\uff1aDigiFT 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