期指：下方有支撑

Group 1: Report Information - Report date: May 26, 2025 [1] - Analyst: Mao Lei, Investment Consulting Qualification Number: Z0011222 [1] Group 2: Index Futures Data Tracking - On May 24, all four major index futures contracts declined. IF dropped 0.88%, IH fell 0.82%, IC decreased 0.95%, and IM declined 1.3% [2] - On the trading day, the total trading volume of index futures rebounded, indicating increased trading enthusiasm among investors. IF's total trading volume increased by 37,992 lots, IH's by 14,386 lots, IC's by 21,208 lots, and IM's by 30,856 lots [3] - In terms of positions, IF's total positions increased by 17,984 lots, IH's by 7,073 lots, IC's by 8,248 lots, and IM's by 5,320 lots [3] Group 3: Index Futures Member Positions - Data on the increase or decrease of positions held by the top 20 members of index futures is provided, including specific numbers for different contracts such as IF2506, IF2507, etc. [6] Group 4: Trend and Drivers - IF and IH trend strength: 1; IC and IM trend strength: 1. The trend strength ranges from -2 (most bearish) to 2 (most bullish) [7] - Important drivers include central media articles on Sino-US economic and trade talks, a major merger plan between a 300 billion yuan chip giant and a 900 billion yuan supercomputer leader, and other news related to Sino-US relations, stock markets, and economic events [7][8] Group 5: Stock Market Performance - A-share market performance: The Shanghai Composite Index fell 0.94% to 3,348.37 points, the Shenzhen Component Index dropped 0.85%, the ChiNext Index declined 1.18%, etc. The A-share market traded 1.18 trillion yuan throughout the day [8] - The broader market declined in the afternoon, with the three major indexes closing down. Core assets were the main source of selling pressure, and only gold and some newly grouped stocks rose [9]