宝城期货股指期货早报（2025年10月29日）-20251029

Group 1: Report on Investment Rating - No information provided Group 2: Core Viewpoints of the Report - The short - term view of the financial futures stock index sector is wide - range oscillation, the medium - term view is upward, and the intraday view is oscillating strongly [1][5] - The core logic is the game between the profit - taking intention of funds and the expectation of policy benefits. With the easing of external uncertainties and the release of the communiqué of the Fourth Plenary Session of the 20th CPC Central Committee, the expectation of policy benefits rises, driving up the risk preference of the stock market. Meanwhile, as the stock valuation rises, the profit - taking intention of profitable funds still exists [1][5] Group 3: Summary by Relevant Catalogs Variety Viewpoint Reference - Financial Futures Stock Index Sector - For IH2512, the short - term is oscillating, the medium - term is upward, the intraday is oscillating strongly, and the reference view is wide - range oscillation. The core logic is the game between the profit - taking intention of funds and the expectation of policy benefits [1] Main Variety Price Market Driving Logic - Financial Futures Stock Index Sector - For IF, IH, IC, IM, the intraday view is oscillating strongly, the medium - term view is upward, and the reference view is wide - range oscillation. The core logic is the same as above. The total trading volume of the Shanghai, Shenzhen and Beijing stock markets was 2165.3 billion yuan yesterday, a decrease of 191.3 billion yuan from the previous day [5]