股指期货：开盘“V”型反转后震荡至收盘

Report Summary 1. Report Industry Investment Rating No relevant content provided. 2. Core Viewpoint The stock index opened with a "V" - shaped reversal, then maintained a narrow - range oscillation until the close. Small and medium - cap stock indexes were relatively strong, and the trading volume of the two markets shrank to about 1.5 trillion yuan. The market is currently in a game between profit - taking pressure on funds and expectations of policy benefits. Due to the dull news, the upper pressure and lower support have both weakened, and the trading sentiment has cooled down. It is expected to maintain an oscillation in the short term, and the logic of valuation repair driven by loose liquidity in the medium and long term remains unchanged. The recommended strategy is to hold positions and wait and see [4]. 3. Summary by Related Catalogs Market Review - Today, except for the Shanghai Stock Exchange 50, all other stock indexes closed up, with small and medium - cap stock indexes being relatively strong. The trading volume of the two markets decreased by 123.997 billion yuan. In the futures index market, IH declined with shrinking volume, while other varieties rose with shrinking volume [2]. Important Information - The State Council Information Office released a white paper stating that emerging fields such as outer space, the Internet, and artificial intelligence are new high - grounds for human development, new focal points for strategic security, and new frontiers for global governance. - Regarding the comments of the leader of the Japanese opposition party on Kōichi Hayashi's statement during the party leader's debate, the Chinese Foreign Ministry Spokesperson Guo Jiakun responded that "not mentioning" and "withdrawing" wrong remarks are two different things, and the Chinese side will never accept Japan's attempt to downplay, prevaricate, and cover up the serious wrong remarks [3]. Stock Index Futures Market Observation | | IF | IH | IC | IM | | --- | --- | --- | --- | --- | | Main contract intraday gain/loss (%) | 0.14 | - 0.05 | 0.95 | 0.95 | | Trading volume (10,000 lots) | 9.0267 | 3.8726 | 10.6633 | 17.4822 | | Trading volume change compared to the previous period (10,000 lots) | - 1.0626 | - 0.3771 | - 0.6343 | - 0.8621 | | Open interest (10,000 lots) | 25.8622 | 8.9179 | 24.868 | 35.9979 | | Open interest change compared to the previous period (10,000 lots) | - 0.5574 | - 0.3106 | - 0.589 | - 0.4064 | [5] Spot Market Observation | Name | Value | | --- | --- | | Shanghai Composite Index gain/loss (%) | 0.34 | | Shenzhen Component Index gain/loss (%) | 0.85 | | Ratio of rising to falling stocks | 3.46 | | Trading volume of the two markets (100 million yuan) | 15857.96 | | Trading volume change compared to the previous period (100 million yuan) | - 1239.97 | [6]