格林大华期货早盘提示-20250613

Report Industry Investment Rating - Bullish on the four major stock indexes [2] Core View of the Report - The Sino-US economic and trade teams have reached a framework agreement, stabilizing the global economy. Global asset reallocation is beneficial to A-shares. The four major stock indexes are expected to rise, and the growth style is expected to lead the gains [2]. Summary by Relevant Catalogs Market Review - On Thursday, the market was waiting for the official release of the details of the Sino-US framework agreement. The main indexes of the two markets fluctuated narrowly. The trading volume of the two markets was 1.27 trillion yuan, with little change. The CSI 1000 Index closed at 6,192 points, up 5 points or 0.09%; the CSI 500 Index closed at 5,799 points, up 6 points or 0.12%; the Shanghai-Shenzhen 300 Index closed at 3,892 points, down 2 points or -0.06%; the Shanghai 50 Index closed at 2,691 points, down 1 point or -0.03% [1]. - Among industry and theme ETFs, the top gainers were the Innovative Drug ETF (Hong Kong, Shanghai and Shenzhen), Gold Stocks ETF, Science and Technology Innovation Pharmaceutical Index ETF, Innovative Drug ETF, etc. Among the sector indexes, the top gainers were the Film and Television Theater, Precious Metals, Biological Products, Communication Equipment, and Chemical Pharmaceutical indexes. The top losers were the Wine ETF, Semiconductor Materials ETF, and Semiconductor Equipment ETF [1]. Important Information - Beijing Business Daily reported that an increase in property income can stimulate consumption, and a rise in wage levels can increase the amount of funds in the stock market, which is the basis for the continued improvement of the A-share market in the future [1][2]. - The relevant person in charge of the Ministry of Industry and Information Technology said that automobile enterprises' initiative to promise "payment terms not exceeding 60 days" is an active response to the national call, a manifestation of social responsibility and corporate responsibility, and is of great significance for building a win-win development ecosystem of "complete vehicle - parts" [1][2]. - The President of Volcengine revealed that the daily average token usage of Doubao's large model exceeded 16.4 trillion, a 137-fold increase compared to when it was first released last year. According to an IDC report, Doubao's large model ranks first in the usage volume of public cloud large model services in China, accounting for 46.4% [1]. - The European Central Bank released a report showing that as the gold price hits new highs, the proportion of gold in global foreign exchange reserves reached 20% last year, surpassing the euro's 16% and ranking second [1]. - Despite the fact that the yields of Southeast Asian sovereign bonds have fallen to record lows, foreign investors are still flocking in, starting a "sell-off of the US" capital migration wave. Investors are avoiding US policy risks and betting on interest rate cuts by Southeast Asian central banks [1]. - NVIDIA CEO Jensen Huang said that NVIDIA is establishing AI technology centers in seven European countries and plans to build more than 20 large AI factories for training and supporting AI models in Europe, with the ultimate goal of establishing a complete AI ecosystem in the region and increasing the AI computing power in the region by 10 times before 2026 [1]. - The EU clearly stated that it refuses to rush into a compromise at the negotiation table, believing that only a principled agreement can be reached in the best - case scenario, and the specific details need to be continued after July. The EU has prepared two rounds of counter - measures covering more than $100 billion worth of US goods. If the negotiation breaks down, the EU's counter - measures will take effect by July 14 at the latest [2]. - US Treasury Secretary Bessent said that the US is willing to extend the current 90 - day tariff suspension period for its major trading partners beyond July 9, as long as they show "good faith" in the ongoing trade negotiations [2]. - Due to the intensification of regional tensions, the US State Department has authorized non - essential personnel and their families to leave Bahrain and Kuwait, and the families of US military personnel in Bahrain can also leave temporarily [2]. - The US core PPI in May was 3.0% year - on - year, the lowest level since August 2024, with the previous value at 3.1% [2]. Market Logic - The market was waiting for the details of the Sino - US framework agreement. The Sino - US economic and trade teams reached a framework agreement, which is beneficial to the A - share market. The increase in property income and wage levels can increase the amount of funds in the stock market, which is the basis for the continued improvement of the A - share market [1][2] Future Outlook - The Sino - US economic and trade teams have reached a framework agreement, stabilizing the global economy. Global asset reallocation is beneficial to A - shares. The four major stock indexes are expected to rise, and the growth style is expected to lead the gains. Overseas "smart money" is optimistic about Chinese assets [2] Trading Strategy - Stock index futures directional trading: Bullish on the four major stock indexes, expecting the growth style to lead the gains [2] - Stock index options trading: Choose to buy out - of - the - money long - term call options on growth - type indexes [2]