Report Summary 1. Report Industry Investment Rating - Not provided in the given content 2. Core Viewpoints - The short - term view of IH2509 is "shock", the medium - term view is "rise", the intraday view is "shock - biased upward", and the overall view is "rise" with policy - side favorable expectations providing strong support [1]. - For IF, IH, IC, and IM, the intraday view is "shock - biased upward", the medium - term view is "rise", and the reference view is "rise". The core logic is that the stock market showed a volume - increasing rise, indicating a continuous increase in risk preference and positive investor expectations. Policy - side loan - discount policies are expected to boost consumption and improve the macro - economic outlook. However, there may be short - term technical consolidation due to profit - taking needs. Overall, the stock index is expected to be shock - biased upward in the short term [5]. 3. Summary by Related Catalog 3.1 Variety Viewpoint Reference - Financial Futures Stock Index Sector - For IH2509, short - term: shock; medium - term: rise; intraday: shock - biased upward; overall view: rise; core logic: policy - side favorable expectations [1]. 3.2 Main Variety Price Market Driving Logic - Financial Futures Stock Index Sector - Yesterday, all stock indices rose with obvious increases in IM and IC. The total turnover of the Shanghai, Shenzhen, and Beijing stock markets was 2175.2 billion yuan, an increase of 270 billion yuan from the previous day. The volume - increasing rise shows a continuous increase in risk preference and positive investor expectations [5]. - The central bank and the Ministry of Finance launched two loan - discount policies to boost consumption, which is expected to promote the positive cycle of "residents' consumption - corporate profits - employees' salaries" and improve the macro - economic outlook [5]. - Due to continuous rise, there may be short - term technical consolidation because of profit - taking needs. In the short term, domestic policy - side favorable expectations are strong, external risk factors are temporarily alleviated, and the stock index is expected to be shock - biased upward [5].
宝城期货股指期货早报-20250814
Bao Cheng Qi Huo·2025-08-14 01:07