Ruida Futures(SZ:002961) Rui Da Qi Huo·2025-06-16 11:00Report Summary 1. Report Industry Investment Rating - Not provided in the report 2. Core View of the Report - A-shares' major indices generally rose, with the Shanghai Composite Index up 0.35%, the Shenzhen Component Index up 0.41%, and the ChiNext Index up 0.66%. The trading volume in the Shanghai and Shenzhen stock markets dropped significantly. Under the current situation where the domestic economic fundamentals are still under pressure and the repair of domestic demand may become the main driving force for economic growth, consumer stocks are expected to lead the next-stage structural market. It is recommended to allocate IF on dips [2] 3. Summary by Relevant Catalogs 3.1 Futures Disk - IF, IH, IC, and IM's main and secondary contracts all rose, with IM's main contract (2506) rising the most, up 43.8 points. The spreads between different contracts also showed various changes, such as the IM - IF monthly contract spread rising 29.8 points. The differences between the current quarter and the current month, and the next quarter and the current month of each contract also changed to varying degrees [2] 3.2 Futures Positions - The net positions of the top 20 in IF decreased by 265, while those in IH increased by 274. The net positions of the top 20 in IC increased by 1730, and those in IM decreased by 181 [2] 3.3 Spot Prices - The spot prices of the CSI 300, SSE 50, CSI 500, and CSI 1000 all rose, with the CSI 1000 rising the most, up 41.5 points. The basis of each futures contract also changed, with the basis of the IC main contract decreasing by 0.4 points [2] 3.4 Market Sentiment - The A-share trading volume decreased by 260.355 billion yuan, and the margin trading balance decreased by 4627 million yuan. The northbound trading volume increased by 63.775 billion yuan, and the reverse repurchase operation volume increased by 242 billion yuan. The proportion of rising stocks increased by 50.07 percentage points, and the Shibor decreased by 0.023 percentage points [2] 3.5 Wind Market Strength - Weakness Analysis - The overall A-share market showed strength in terms of technology and funds, with the overall A-share index rising 3.8 points, the technical aspect rising 5.1 points, and the funds aspect rising 2.7 points [2] 3.6 Industry News - In May, the added value of industrial enterprises above designated size increased by 5.8% year - on - year, and the total retail sales of consumer goods increased by 6.4% year - on - year. From January to May, the national fixed - asset investment (excluding rural households) increased by 3.7% year - on - year, and the real estate development investment decreased by 10.7% year - on - year. The average urban surveyed unemployment rate from January to May was 5.2%, and in May it was 5.0%, a 0.1 - percentage - point decrease from the previous month [2] 3.7 Key Events to Watch - On June 17 at 11:00, there will be the Bank of Japan's interest rate decision; at 20:30, the US May retail sales, core retail sales, and import/export price indices will be released. On June 18 at 14:00, the UK May CPI and core CPI will be announced. On June 19 at 2:00, there will be the Federal Reserve's interest rate decision; at 16:30, the Swiss National Bank's interest rate decision; at 19:00, the Bank of England's interest rate decision. The US financial market will be closed for Juneteenth on June 19. On June 20 at 9:00, China's June 1 - year and 5 - year LPR quotes will be released [3]