A股上3700点创十年新高 资金跑步入场 “股债跷跷板”再现

Group 1 - The A-share market saw a significant increase in trading volume, reaching 2.76 trillion yuan on August 18, with margin financing balances exceeding 2 trillion yuan, marking the fourth consecutive trading day of both metrics surpassing 2 trillion yuan [1] - The Shanghai Composite Index rose above 3700 points, achieving its highest level in nearly 10 years, with a year-to-date increase of 11.23% [1] - In July, 1.9636 million new A-share accounts were opened, a 31.72% increase from June, contributing to a total of 14.5613 million new accounts opened in 2024, representing a year-on-year growth of 36.88% compared to 10.6379 million in the same period last year [1] Group 2 - The bond market experienced a sharp decline on August 18, with all government bond futures closing lower; the 30-year main contract fell by 1.33% to 116.090 yuan, marking the largest single-day drop since March 17, 2025, and a new closing low since March 24, 2025 [1] - The 10-year main contract decreased by 0.29% to 108.015 yuan, while the 5-year and 2-year contracts fell by 0.21% to 105.455 yuan and 0.04% to 102.304 yuan, respectively [1] - The 30-year government bond ETF dropped over 1%, closing down 1.26%, marking three consecutive days of decline [1]