<p><strong>黑石集团</strong> (NYSE: BX) 的股票在周二下滑。该公司透露，其旗舰私募信贷基金在第一季度经历了异常大量的客户撤资，导致股价跌至两年低点。</p>
<ul>
<li>黑石的股票接近关键低点。为什么 BX 股票会处于低位？</li>
</ul>
<h2>撤资压力加大</h2>
<p>黑石允许投资者从其 820 亿美元的私募信贷基金 BCRED 中撤回 37 亿美元——远高于通常水平——在新承诺后净流出 17 亿美元， 据路透社报道。</p>
<p>赎回请求达到了基金的 7.9%，超过了通常的季度限制 5%，促使黑石暂时提高上限以满足所有撤资请求。该公司及其员工还注入了 4 亿美元以帮助满足赎回。</p>
<h2>私募信贷领域的担忧加剧</h2>
<p>此次抛售发生在 2 万亿美元的私募信贷市场面临更大审查的时刻。投资者对估值实践、透明度以及服务于富裕个人的基金的稳定性提出了质疑。竞争对手 <strong>蓝猫资本</strong> <strong>Inc</strong> (NYSE: OWL) 最近在处理赎回方面的问题进一步加剧了这种不安。</p>
<p>上周，英国抵押贷款贷方 Market Financial Solutions 的倒闭进一步动摇了贷方，并重新引发了对该行业可能出现更多隐藏风险的担忧。</p>
<p>研究公司 RA Stanger 警告称，替代投资可能正进入一个&#34;急转弯&#34;，预测 2026 年 BDC 融资将同比下降 40%，类似于 2023 年富裕投资者的房地产基金所经历的急剧放缓。</p>
<h2>技术面分析</h2>
<p>黑石目前处于所有关键移动平均线之下，显示出看跌趋势。该股票交易价格比其 20 日简单移动平均线低 13.1%，比 50 日简单移动平均线低 23.3%，甚至比 100 日和 200 日简单移动平均线更低，这表明其价格走势持续疲软。</p>
<p>相对强弱指数（RSI）目前为 30.39，虽然被视为中性，但接近超卖区域，表明黑石的股票可能正在经历下行动能。MACD 在其信号线以下，显示出对股票的看跌压力。这表明，除非动能发生显著变化，否则下行趋势可能会持续。</p>
<p>在过去 12 个月中，黑石的股票下跌了 30.60%，突显出显著的看跌趋势。这一表现反映了更广泛的市场挑战和可能继续影响股票的投资者情绪。</p>
<p><strong>BX 价格动态：</strong> 黑石的股票 在周二发布时下跌了 4.61%，报 110.01 美元。根据 Benzinga Pro，该股票接近其 52 周低点 109.25 美元。</p>
<p><em>图片来源：Shutterstock</em></p>

黑石集团

全球上市私募股权 ETF - ProShares

<p>黑石集团（NYSE:BX）的股价正在下跌，达到两年来的最低点，原因是其私人信贷基金 BCRED 出现了大量客户撤资。投资者撤回了 37 亿美元，超过了通常的限制，导致净流出达到 17 亿美元。市场对私人信贷市场的稳定性和估值实践的担忧日益加剧，尤其是在竞争对手公司出现问题之后。黑石的股票目前低于关键的移动平均线，显示出看跌趋势，过去一年下跌了 30.60%。截至周二，股价下跌 4.61%，报 110.01 美元，接近 52 周低点</p>

<p><strong>Blackstone Inc</strong> (NYSE: BX) shares are sliding on Tuesday. The firm revealed that its flagship private credit fund saw an unusually large wave of client withdrawals in the first quarter, sending the stock down to a two‑year low.</p>
<div class="lb-trans"><p><strong>黑石集团</strong> (NYSE: BX) 的股票在周二下滑。该公司透露，其旗舰私募信贷基金在第一季度经历了异常大量的客户撤资，导致股价跌至两年低点。</p>
</div><ul>
<li>Blackstone shares are approaching critical lows. Why is BX stock at lows?</li>
</ul>
<div class="lb-trans"><ul>
<li>黑石的股票接近关键低点。为什么 BX 股票会处于低位？</li>
</ul>
</div><h2>Pressure From Heavy Withdrawals</h2>
<div class="lb-trans"><h2>撤资压力加大</h2>
</div><p>Blackstone allowed investors to pull $3.7 billion from its $82 billion private credit fund, BCRED — far above typical levels — leaving net outflows of $1.7 billion after new commitments, according to Reuters.</p>
<div class="lb-trans"><p>黑石允许投资者从其 820 亿美元的私募信贷基金 BCRED 中撤回 37 亿美元——远高于通常水平——在新承诺后净流出 17 亿美元， 据路透社报道。</p>
</div><p>Redemption requests reached 7.9% of the fund, exceeding the usual 5% quarterly limit, prompting Blackstone to temporarily raise the cap so all withdrawals could be met. The firm and its employees also injected $400 million to help satisfy redemptions.</p>
<div class="lb-trans"><p>赎回请求达到了基金的 7.9%，超过了通常的季度限制 5%，促使黑石暂时提高上限以满足所有撤资请求。该公司及其员工还注入了 4 亿美元以帮助满足赎回。</p>
</div><h2>Growing Concerns Across Private Credit</h2>
<div class="lb-trans"><h2>私募信贷领域的担忧加剧</h2>
</div><p>The sell‑off comes at a time when the $2 trillion private credit market is facing heightened scrutiny. Investors have raised questions about valuation practices, transparency and the stability of funds that cater to wealthy individuals. Recent issues at rival <strong>Blue Owl</strong> <strong>Capital Inc</strong> (NYSE: OWL) — including concerns about how it handles redemptions — have added to the unease.</p>
<div class="lb-trans"><p>此次抛售发生在 2 万亿美元的私募信贷市场面临更大审查的时刻。投资者对估值实践、透明度以及服务于富裕个人的基金的稳定性提出了质疑。竞争对手 <strong>蓝猫资本</strong> <strong>Inc</strong> (NYSE: OWL) 最近在处理赎回方面的问题进一步加剧了这种不安。</p>
</div><p>The collapse of UK mortgage lender Market Financial Solutions last week further rattled lenders and revived fears that more hidden risks may surface in the sector.</p>
<div class="lb-trans"><p>上周，英国抵押贷款贷方 Market Financial Solutions 的倒闭进一步动摇了贷方，并重新引发了对该行业可能出现更多隐藏风险的担忧。</p>
</div><p>Research firm RA Stanger warned that alternative investments may be entering a &#34;hairpin turn,&#34; forecasting a 40% year‑over‑year drop in BDC fundraising in 2026, similar to the sharp slowdown seen in real‑estate funds for wealthy investors in 2023.</p>
<div class="lb-trans"><p>研究公司 RA Stanger 警告称，替代投资可能正进入一个&#34;急转弯&#34;，预测 2026 年 BDC 融资将同比下降 40%，类似于 2023 年富裕投资者的房地产基金所经历的急剧放缓。</p>
</div><h2>What The Technical Side Tells Us</h2>
<div class="lb-trans"><h2>技术面分析</h2>
</div><p>Blackstone is currently positioned below all key moving averages, indicating a bearish trend. The stock is trading 13.1% below its 20-day SMA, 23.3% below its 50-day SMA and even further below its 100-day and 200-day SMAs, which suggests ongoing weakness in its price action.</p>
<div class="lb-trans"><p>黑石目前处于所有关键移动平均线之下，显示出看跌趋势。该股票交易价格比其 20 日简单移动平均线低 13.1%，比 50 日简单移动平均线低 23.3%，甚至比 100 日和 200 日简单移动平均线更低，这表明其价格走势持续疲软。</p>
</div><p>The RSI is currently at 30.39, which is considered neutral but close to oversold territory, indiciating that Blackstone’s stock could be experiencing downward momentum. MACD is below its signal line, indicating bearish pressure on the stock. This suggests that the downward trend may continue unless there is a significant shift in momentum.</p>
<div class="lb-trans"><p>相对强弱指数（RSI）目前为 30.39，虽然被视为中性，但接近超卖区域，表明黑石的股票可能正在经历下行动能。MACD 在其信号线以下，显示出对股票的看跌压力。这表明，除非动能发生显著变化，否则下行趋势可能会持续。</p>
</div><p>Over the past 12 months, Blackstone’s stock has declined by 30.60%, highlighting a significant bearish trend. This performance reflects broader market challenges and investor sentiment that may continue to weigh on the stock.</p>
<div class="lb-trans"><p>在过去 12 个月中，黑石的股票下跌了 30.60%，突显出显著的看跌趋势。这一表现反映了更广泛的市场挑战和可能继续影响股票的投资者情绪。</p>
</div><p><strong>BX Price Action:</strong> Blackstone shares were down 4.61% at $110.01 at the time of publication on Tuesday. The stock is trading near its 52-week low of $109.25, according to Benzinga Pro.</p>
<div class="lb-trans"><p><strong>BX 价格动态：</strong> 黑石的股票 在周二发布时下跌了 4.61%，报 110.01 美元。根据 Benzinga Pro，该股票接近其 52 周低点 109.25 美元。</p>
</div><p><em>Image: Shutterstock</em></p>
<div class="lb-trans"><p><em>图片来源：Shutterstock</em></p>
</div>

黑石集团的股票持续下跌：究竟发生了什么？