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沪深京三市:成交额24029亿,短期股指或宽幅震荡
Sou Hu Cai Jing·2025-09-17 15:05

Core Viewpoint - The stock indices experienced a rebound today, with significant trading volume in the Shanghai, Shenzhen, and Beijing markets, indicating a potential shift in market sentiment [1] Market Performance - The total trading volume in the Shanghai, Shenzhen, and Beijing markets reached 24,029 billion yuan, an increase of 359 billion yuan compared to the previous day [1] - The stock indices are expected to experience wide fluctuations in the short term, with the current implied volatility of options remaining within a normal range [1] Policy Measures - The Ministry of Commerce and nine other departments recently issued policies aimed at expanding service consumption, proposing 19 specific measures across five areas to stimulate consumer demand [1] - The development of service consumption is anticipated to create new jobs and drive resident consumption, forming a positive cycle between supply and demand [1] Economic Indicators - August data on credit and inflation showed weakness, with a slowdown in consumption growth and poor performance in the real sector's demand [1] - There is a strong expectation for the introduction of policies to stabilize demand, with key developments anticipated in October [1] Funding Environment - Non-bank deposits saw a significant increase in July and August, with high financing balances indicating that the stock market continues to attract incremental capital [1] - However, due to significant valuation increases in some stocks, there is a tendency for profit-taking, leading to short-term technical adjustment pressure on the stock indices [1] Investment Strategy - Given the mid to long-term upward trend of the stock indices, it is suggested to continue holding bull spreads or ratio spreads [1]