Ruida Futures(SZ:002961) Rui Da Qi Huo·2025-10-21 10:25Report Industry Investment Rating - Not provided in the content Core View of the Report - A-share major indexes closed collectively higher, with the Shanghai Composite Index standing above 3900 points again. The overall A-share market shows a positive trend, and short-term disturbances in news will provide entry opportunities. It is recommended to buy on dips with a light position [2] Summary by Relevant Catalogs Futures Market Data - Futures Contract Prices: IF, IH, IC, and IM main and secondary main contracts all rose. For example, the IF main contract (2512) rose to 4577.6, up 73.4; the IC main contract (2512) rose to 7052.8, up 144.0 [2] - Futures Contract Spreads: Most spreads increased, such as the IF - IH monthly contract spread rising to 1584.4, up 36.6; while the IM - IC monthly contract spread decreased to 152.2, down 13.4 [2] - Futures Seasonal - Monthly Spreads: The spreads of different contracts showed different trends, like the IF seasonal - monthly spread being -38.4, down 0.6; the IH seasonal - monthly spread being 1.4, up 1.4 [2] - Futures Position Data: The net positions of the top 20 in IF decreased by 1944.0 to -28,736.00; while those of IH, IC, and IM increased [2] Spot Market Data - Spot Index Prices: The Shanghai and Shenzhen 300, Shanghai 50, CSI 500, and CSI 1000 all rose. For instance, the Shanghai and Shenzhen 300 rose to 4607.87, up 69.7 [2] - Futures Contract Basis: The basis of the IF, IH, IC, and IM main contracts all increased. For example, the IF main contract basis rose to -30.3, up 1.2 [2] Market Sentiment Data - Market Transaction Data: A-share trading volume reached 18,926.93 billion yuan, up 1413.98 billion yuan; margin trading balance was 24,299.98 billion yuan, up 6.13 billion yuan [2] - Other Sentiment Indicators: The proportion of rising stocks was 85.11%, up 10.31%; the 20 - day volatility of the Shanghai and Shenzhen 300 Index was 17.72%, up 0.79% [2] Wind Market Strength - Weakness Analysis - The overall A-share market strength score was 8.00, up 0.80; the technical aspect score was 8.50, up 1.10; the capital aspect score was 7.60, up 0.60 [2] Industry News - Domestic Economic Data: In the first three quarters, GDP was 1015036 billion yuan, with a year - on - year growth of 5.2%. In September, the added value of industrial enterprises above designated size increased by 6.5% year - on - year. From January to September, national fixed - asset investment decreased by 0.5% year - on - year, and real estate development investment decreased by 13.9% year - on - year [2] - International News: US President Trump mentioned three issues to China, and the Chinese Foreign Ministry responded that China's stance on Sino - US economic and trade issues is consistent and clear, and both sides should resolve issues through negotiation [2] Key Data to Focus On - On October 24, at 15:15 - 16:30, pay attention to the SPGI manufacturing PMI of France, Germany, the Eurozone, and the UK in October; at 20:30, focus on the US CPI and core CPI in September; at 21:45, focus on the US SPGI manufacturing PMI in October [3]