股指期货周报-20250711

Report Industry Investment Rating No relevant content provided. 2. Core View of the Report - A-share major indices rose collectively this week, with the ChiNext Index up over 2%. The four stock index futures also rose collectively, and small and medium-cap stocks outperformed large-cap blue-chip stocks. Market trading activity increased slightly compared to last week. Although the US restarted the tariff war, the market's reaction has become dull. With the release of semi-annual performance forecasts, the market is optimistic about the first-half earnings of listed companies. The previous series of growth-stabilizing policies are starting to take effect, and the market has strong expectations for positive economic data in the second quarter. The fundamental recovery supports the stock market, and with the approaching of the Politburo meeting in July, market bulls may pre-layout, driving the stock market higher. The strategy is to lightly buy on dips [6][97]. 3. Summary by Relevant Catalogs 3.1 Market Review - Futures: IF2509 rose 1.46% for the week, IH2509 rose 1.27%, IC2509 rose 2.69%, and IM2509 rose 3.40%. - Spot: The CSI 300 rose 0.82%, the SSE 50 rose 0.60%, the CSI 500 rose 1.96%, and the CSI 1000 rose 2.36% [10]. 3.2 News Overview - Trump announced a new round of tariff rates, which may have a negative impact on the market, but the market's reaction has become dull. - China's June CPI rose 0.1% year-on-year, turning from a decline to an increase, which is positive for the market. - As of July 10, 129 out of 147 A-share listed companies that have announced their semi-annual performance forecasts are expected to be profitable, which is positive for the market [6][13][97]. 3.3 Weekly Market Data - Domestic Major Indices: The Shanghai Composite Index rose 1.09%, the Shenzhen Component Index rose 1.78%, the STAR 50 rose 0.98%, the SME 100 rose 0.73%, and the ChiNext Index rose 2.36% [16]. - External Major Indices (as of Thursday): The S&P 500 rose 1.11%, the UK FTSE 100 rose 1.73%, the Hang Seng Index rose 0.93%, and the Nikkei 225 fell 0.61% [17]. - Industry Sector Performance: Industry sectors generally rose, with real estate, steel, and non-bank finance sectors strengthening significantly, while coal and banking sectors weakened slightly [21]. - Industry Sector Main Fund Flow: Industry main funds were generally net outflows, with significant net outflows in electronics, computer, and national defense and military industries [25]. - SHIBOR Short-Term Interest Rates: SHIBOR short-term interest rates showed differentiation, and the capital price was low [29]. - Other Data: This week, major shareholders net sold 6.61 billion yuan in the secondary market, the restricted-share lifting market value was 43.09 billion yuan, and northbound funds traded a total of 688.585 billion yuan [30]. 3.4 Market Outlook and Strategy - The market is expected to be supported by the fundamental recovery, and with the approaching of the Politburo meeting in July, market bulls may pre-layout, driving the stock market higher. The strategy is to lightly buy on dips [97].