华泰期货流动性日报-20251205

Report Summary 1. Report Industry Investment Rating No relevant information provided. 2. Core View The report presents the market liquidity situation on December 4, 2025, including the trading volume, holding value, trading - holding ratio, and their changes compared to the previous trading day for different sectors such as stock index, treasury bond, basic metal, precious metal, energy - chemical, agricultural product, and black building materials sectors. 3. Summary by Directory I. Plate Liquidity The report details the trading volume, holding value, trading - holding ratio, and their changes compared to the previous trading day for multiple sectors, including stock index, treasury bond, basic metal, precious metal, energy - chemical, agricultural product, and black building materials sectors [1][2]. II. Stock Index Plate - On December 4, 2025, the trading volume was 5422.17 billion yuan, a - 3.31% change from the previous trading day. The holding value was 12717.80 billion yuan, a - 2.71% change. The trading - holding ratio was 42.45% [1]. III. Treasury Bond Plate - On December 4, 2025, the trading volume was 6338.89 billion yuan, a + 82.55% change from the previous trading day. The holding value was 7460.51 billion yuan, a - 0.79% change. The trading - holding ratio was 86.52% [1]. IV. Basic Metal and Precious Metal (Metal Plate) - Basic Metal: On December 4, 2025, the trading volume was 6288.88 billion yuan, a + 41.78% change from the previous trading day. The holding value was 6733.83 billion yuan, a + 3.96% change. The trading - holding ratio was 81.17% [1]. - Precious Metal: On December 4, 2025, the trading volume was 10437.94 billion yuan, a - 5.41% change from the previous trading day. The holding value was 4862.81 billion yuan, with no change. The trading - holding ratio was 326.71% [1]. V. Energy - Chemical Plate - On December 4, 2025, the trading volume was 3831.98 billion yuan, a - 4.20% change from the previous trading day. The holding value was 4645.49 billion yuan, a - 0.25% change. The trading - holding ratio was 70.49% [1]. VI. Agricultural Product Plate - On December 4, 2025, the trading volume was 3177.12 billion yuan, a + 14.85% change from the previous trading day. The holding value was 6081.99 billion yuan, a + 0.22% change. The trading - holding ratio was 52.56% [1]. VII. Black Building Materials Plate - On December 4, 2025, the trading volume was 2288.76 billion yuan, a + 7.00% change from the previous trading day. The holding value was 3559.93 billion yuan, a + 0.08% change. The trading - holding ratio was 64.59% [2].