股指早报-20250611

1. Report Industry Investment Rating No relevant content provided. 2. Core Viewpoints - Overnight market trends showed positive signals for the Sino-US negotiations. The US was more positive, while China was neutral. It's uncertain if there will be a third round of talks. The market is expected to repair in the short - term, and the strategy should gradually tilt towards technology. For the four major stock index futures, the balanced allocation of IH and IM can be tilted towards IM [3][10] 3. Summary by Directory 3.1行情观点 3.1.1海外隔夜 - The NFIB Small Business Confidence Index in the US in May was 98.8, higher than the expected 95.9 and the previous value of 95.8, indicating a recovery in US business confidence. The Sino - US negotiation in London lasted from 5 pm yesterday to 4 am today. The US Treasury Secretary said the talks were productive, while China's Ministry of Commerce official said the communication was professional, in - depth, rational, and candid. Overnight market trends reflected positive signals for the negotiation [1][5] 3.1.2国内行情回顾 - On Tuesday, the broader market opened higher but oscillated and declined by 0.44%, the Shenzhen Component Index fell by 0.86%, and the ChiNext Index dropped by 1.17%. The sharp decline might be due to concerns about the negotiation and quantitative selling triggered by market rumors. Sectors such as beauty care, banking, pharmaceutical biology, and transportation led the gains, while military industry, computer, electronics, and communication led the losses. There were 1260 rising stocks and 4034 falling stocks in the whole market [2][6] 3.1.3重要资讯 - India and the US are expected to reach a temporary trade agreement by the end of the month, and the US and Mexico are close to reaching an agreement on steel import tariffs. Trump called the Los Angeles riots a "foreign invasion", and a US judge rejected California's request to stop Trump from sending troops. The White House refuted the rumor that Treasury Secretary Bessent would be the next Fed Chairman. Xi Jinping had a phone call with South Korean President Lee Jae - myung. The Ministry of Commerce extended the anti - dumping investigation on imported pork and pork by - products from the EU until December 16, 2025. The Ministry of Human Resources and Social Security will cancel the household registration restriction for flexible employees to participate in insurance in the employment place and expand the pilot of occupational injury insurance for new - form employment. The "Regulations on the Supervision and Administration of Live - streaming E - commerce" is soliciting public opinions. The head of the National Development and Reform Commission held a symposium to listen to private enterprises' opinions on the "15th Five - Year Plan" [7][8][9] 3.1.4今日策略 - Overnight market trends were positive for the Sino - US negotiation. The market is expected to repair in the short - term. The strategy should gradually tilt towards technology under the technology and consumption dumbbell strategy. For the four major stock index futures, the balanced allocation of IH and IM can be tilted towards IM [3][10] 3.2期货市场跟踪 - The report provided detailed data on the performance, trading volume, and open interest of various stock index futures contracts, including the Shanghai 50 Index, CSI 300 Index, CSI 500 Index, and CSI 1000 Index futures contracts, as well as their corresponding basis, premium/discount rates, and annualized premium/discount rates [12][13] 3.3现货市场跟踪 - The report presented data on the performance of the spot market, including the trading volume, monthly, daily, and weekly changes of various indexes and sectors. It also analyzed the impact of market styles on the Shanghai 50 Index, CSI 300 Index, CSI 500 Index, and CSI 1000 Index, and provided information on the valuation of important indexes and Shenwan sectors [36][38][39] 3.4流动性跟踪 - The report showed data on central bank open - market operations and Shibor interest rates [51][52][53]