期指：或突破4000点

Report Summary 1) Report Industry Investment Rating - Not provided in the content 2) Core Views of the Report - On October 26, all four major stock index futures contracts for the current month rose. IF increased by 1.5%, IH by 1.03%, IC by 2.18%, and IM by 2.26% [1] - On the trading day, the total trading volume of stock index futures declined, indicating a decrease in investors' trading enthusiasm. Specifically, the total trading volume of IF decreased by 12,093 lots, IH by 1,337 lots, IC by 7,417 lots, and IM by 35,994 lots. In terms of positions, the total positions of IF decreased by 9,252 lots, IH increased by 1,300 lots, IC decreased by 10,733 lots, and IM decreased by 26,392 lots [2] - The trend strength of IF and IH is 1, and that of IC and IM is also 1. The trend strength ranges from -2 to 2, with -2 being the most bearish and 2 being the most bullish [6] 3) Summary by Relevant Catalogs [期指期现数据跟踪] - Stock Index Data: The closing price of CSI 300 was 4,660.68, up 1.18%; SSE 50 was 3,045.82, up 0.62%; CSI 500 was 7,258.53, up 1.62%; and CSI 1000 was 7,419.24, up 1.52% [1] - Futures Contract Data: For each of the four major stock index futures (IF, IH, IC, IM), data on closing price, percentage change, basis, trading volume (in billions), trading volume (lots), change in trading volume, open interest, and change in open interest for different contract months (2511, 2512, 2603, 2606) are provided [1] [期指前20大会员持仓增减] - Data on the increase or decrease of long and short positions of the top 20 member institutions for different stock index futures contracts (IF, IH, IC, IM) and different contract months are presented. Some data for the IM2606 contract are not disclosed [5] [趋势强度] - The trend strength of IF and IH is 1, and that of IC and IM is also 1, with the range of trend strength being integers from -2 to 2, representing different levels of bullishness or bearishness [6] [重要驱动] - The China - US economic and trade consultations in Kuala Lumpur reached a basic consensus on arrangements to address each other's concerns. The two sides had candid, in - depth, and constructive exchanges on important economic and trade issues [6] - The CPC Central Committee held a press conference to introduce and interpret the spirit of the Fourth Plenary Session of the 20th CPC Central Committee. The Financial System Learning and Implementing the Spirit of the Fourth Plenary Session of the 20th CPC Central Committee Meeting was held in Beijing, emphasizing the financial work in the "15th Five - Year Plan" period [7] - This week, Chinese and US leaders will go to South Korea. It is a super central bank week and a super earnings week. Multiple central banks will announce interest rate decisions, and many companies in the US and China will release earnings reports. Additionally, China's latest PMI and the Fed's favorite inflation indicator PCE will be announced [7] - The Shanghai Composite Index rose 0.71% to 3,950.31 points, the Shenzhen Component Index rose 2.02%, the ChiNext Index rose 3.57%, and the CSI A500 rose 1.38%. The total trading volume of A - shares was 1.99 trillion yuan, up from 1.66 trillion yuan the previous day [7]