Research Views - The stock index market showed volatility and differentiation throughout the day, with the three major indices showing mixed performance. Over 4,000 stocks in the Shanghai, Shenzhen, and Beijing markets closed lower, and the trading volume exceeded 1.91 trillion yuan. The Shanghai Composite Index fell 0.37%, the Shenzhen Component Index fell 0.39%, and the ChiNext Index rose 0.61%. The market is expected to be volatile in the short term [1]. - The 30-year, 10-year, 5-year, and 2-year Treasury bond futures contracts rose 0.45%, 0.12%, 0.07%, and 0.02% respectively. The market is expected to continue its narrow-range oscillating trend within the year [1][2]. Daily Price Changes Stock Index Futures | Variety | 2025-12-09 | 2025-12-08 | Change | Change Rate | | --- | --- | --- | --- | --- | | IH | 2,991.6 | 3,015.0 | -23.4 | -0.78% | | IF | 4,583.2 | 4,613.2 | -30.0 | -0.65% | | IC | 7,094.4 | 7,144.0 | -49.6 | -0.69% | | IM | 7,347.8 | 7,380.4 | -32.6 | -0.44% | [3] Stock Indices | Variety | 2025-12-09 | 2025-12-08 | Change | Change Rate | | --- | --- | --- | --- | --- | | Shanghai Composite 50 | 2,998.0 | 3,019.4 | -21.4 | -0.71% | | CSI 300 | 4,598.2 | 4,621.8 | -23.5 | -0.51% | | CSI 500 | 7,121.3 | 7,172.4 | -51.0 | -0.71% | | CSI 1000 | 7,380.6 | 7,423.0 | -42.5 | -0.57% | [3] Treasury Bond Futures | Variety | 2025-12-09 | 2025-12-08 | Change | Change Rate | | --- | --- | --- | --- | --- | | TS | 102.43 | 102.41 | 0.018 | 0.02% | | TF | 105.79 | 105.75 | 0.04 | 0.04% | | T | 107.98 | 107.91 | 0.07 | 0.06% | | TL | 112.59 | 112.24 | 0.35 | 0.31% | [3] Market News - The market showed volatility and differentiation throughout the day, with the three major indices showing mixed performance. Over 4,000 stocks in the Shanghai, Shenzhen, and Beijing markets closed lower, and the trading volume exceeded 1.91 trillion yuan. The Shanghai Composite Index fell 0.37%, the Shenzhen Component Index fell 0.39%, and the ChiNext Index rose 0.61% [4]. - The commercial spaceflight concept remained active, with stocks such as Shaanxi Huada and Aerospace Changfeng hitting the daily limit. On the downside, the Hainan Free Trade Zone sector declined, with New Dazhou A hitting the daily limit down [4]. - The computing power hardware stocks continued to be strong, with many stocks such as Dekeli and Yueling Co., Ltd. hitting the daily limit. The Fujian sector continued to strengthen, with more than a dozen stocks such as Anji Food and Longzhou Co., Ltd. hitting the daily limit [4]. Chart Analysis Stock Index Futures - The report includes charts showing the trends of IH, IF, IM, and IC futures contracts, as well as their respective basis trends [6][7][9]. Treasury Bond Futures - The report includes charts showing the trends of Treasury bond futures contracts, Treasury bond spot yields, basis, inter - period spreads, cross - variety spreads, and funding rates [13][15][17]. Exchange Rates - The report includes charts showing the central parity rates of the US dollar, euro, and other currencies against the RMB, as well as forward exchange rates, currency indices, and cross - currency exchange rates [20][21][23]
光大期货金融期货日报-20251210
Guang Da Qi Huo·2025-12-10 03:08