外资加速流入，沪指继续收红

Report Industry Investment Rating - Not provided in the given content Core Viewpoints - The A-share market shows a mixed performance with the Shanghai Composite Index rising by 0.13% to 3771.1 points, while the ChiNext Index falling by 0.47%. The sector rotation continues, but the overall profit-making effect weakens. The rapid inflow of foreign capital accelerates the sector's make-up gains. A slow bull market pattern is more in line with the policy requirements, and the performance among indices is differentiated, with the large-cap index leading the market due to the make-up gains of heavyweight sectors [2][3] Summary by Relevant Catalogs Macro Economic Charts - The charts include the relationship between the US dollar index and A-share trends, the relationship between US Treasury yields and A-share trends, the relationship between the RMB exchange rate and A-share trends, and the relationship between US Treasury yields and A-share style trends [1][2][3][4] Spot Market Tracking Charts - The daily performance of major domestic stock indices on August 21, 2025 shows that the Shanghai Composite Index rose by 0.13%, the Shenzhen Component Index fell by 0.06%, the ChiNext Index fell by 0.47%, the CSI 300 Index rose by 0.39%, the SSE 50 Index rose by 1.23%, the CSI 500 Index fell by 0.36%, and the CSI 1000 Index fell by 0.71%. The trading volume of the Shanghai and Shenzhen stock markets remained at 2.4 trillion yuan [2][13] Futures Market Tracking Charts - In terms of trading volume and open interest, the trading volume of IC and IM increased, and IC added positions. The basis of stock index futures declined again. The specific basis and inter - term spreads of IF, IH, IC, and IM contracts are also provided in the report [2][38][47]