大类资产早报-20250829

Report Information - Report Date: August 29, 2025 [2] - Report Team: Macro Team of the Research Center [2] Global Asset Market Performance 10-Year Treasury Yields of Major Economies - On August 28, 2025, yields in the US, UK, France, etc. were 4.205%, 4.699%, 3.477% respectively [3] - Latest changes ranged from -0.076% (Brazil) to 0.020% (Japan) [3] - One-year changes varied from -0.355% (Japan) to 0.784% (UK) [3] 2-Year Treasury Yields of Major Economies - On August 28, 2025, yields in the US, UK, Germany were 3.610%, 3.932%, 1.931% respectively [3] - Latest changes were from -0.120% (US) to 0.033% (South Korea) [3] - One-year changes were from -0.692% (Italy) to 0.249% (UK) [3] Exchange Rates of the US Dollar Against Major Emerging Economies' Currencies - On August 28, 2025, rates against Brazil, Russia, South Africa were 5.415, -, 17.698 respectively [3] - Latest changes were from -0.71% (South Korean won) to 0.02% (South African rand) [3] - One-year changes were from -5.36% (Thai baht) to 4.07% (South Korean won) [3] Stock Indices of Major Economies - On August 28, 2025, indices like S&P 500, Dow Jones, NASDAQ were 6501.860, 45636.900, 21705.160 respectively [3] - Latest changes were from -1.16% (Taiwan stock index) to 0.86% (Mexico stock index) [3] - One-year changes were from -5.88% (Thai stock index) to 35.93% (Spain stock index) [3] Credit Bond Indices - Latest changes were from -0.07% (Eurozone investment-grade) to 0.37% (Emerging economies' high-yield) [3][4] - One-year changes were from 3.84% (US investment-grade) to 13.45% (Emerging economies' high-yield) [3][4] Stock Index Futures Trading Data Index Performance - Closing prices of A-shares, CSI 300, SSE 50 were 3843.60, 4463.78, 2960.73 respectively [5] - Price changes were from 1.14% (A-shares) to 3.82% (ChiNext) [5] Valuation - PE (TTM) of CSI 300, SSE 50, CSI 500 were 13.86, 11.78, 32.73 respectively [5] -环比 changes were mostly 0.00, except S&P 500 with 0.09 [5] Risk Premium - 1/PE - 10-year interest rate of S&P 500 was -0.50, Germany DAX was 2.33 [5] -环比 changes were 0.02 (S&P 500) and 0.00 (Germany DAX) [5] Fund Flows - Latest values of A-shares, main board, ChiNext were -475.66, -570.85, -18.92 respectively [5] - 5-day average values were -668.34, -576.89, -114.20 respectively [5] Transaction Amounts - Latest values of Shanghai and Shenzhen stock markets, CSI 300, SSE 50 were 29708.03, 7394.24, 1952.15 respectively [5] -环比 changes were from -1947.62 (Shanghai and Shenzhen stock markets) to -24.39 (SSE 50) [5] Main Contract Premiums or Discounts - Basis of IF, IH, IC were -3.38, -0.93, -44.16 respectively [5] - Premium or discount rates were from -0.63% (IC) to -0.03% (IH) [5] Treasury Bond Futures Trading Data Closing Prices - Closing prices of T00, TF00, T01, TF01 were 108.040, 105.620, 107.795, 105.460 respectively [6] - Price changes were from 0.01% (T00) to 0.04% (TF00) [6] Fund Interest Rates - R001, R007, SHIBOR - 3M were 1.3643%, 1.5636%, 1.5500% respectively [6] - Daily changes were from -18.00 BP (R001) to 0.00 BP (SHIBOR - 3M) [6]