华泰期货流动性日报-20251210

1. Report Industry Investment Rating - No relevant content provided 2. Core Viewpoints - The report presents the trading and position - holding data of various market sectors on December 9, 2025, including trading volume, position - holding amount, trading - to - position ratio, and their changes compared to the previous trading day [1][2] 3. Summary According to the Directory 3.1 Plate Liquidity - There are figures showing the trading - to - position ratio, trading volume change rate, position - holding volume, position - holding amount, trading volume, and trading amount of each plate [4][5] 3.2 Stock Index Plate - On December 9, 2025, the trading volume was 5117.24 billion yuan, a change of - 16.21% compared to the previous trading day; the position - holding amount was 13172.08 billion yuan, a change of - 0.86% compared to the previous trading day; the trading - to - position ratio was 38.64% [1] 3.3 Treasury Bond Plate - On December 9, 2025, the trading volume was 3400.58 billion yuan, a change of - 29.40% compared to the previous trading day; the position - holding amount was 7311.86 billion yuan, with no change compared to the previous trading day; the trading - to - position ratio was 46.45% [1] 3.4 Basic Metals and Precious Metals (Metal Plate) - On December 9, 2025, the basic metals trading volume was 5699.31 billion yuan, a change of - 3.60% compared to the previous trading day; the position - holding amount was 6721.31 billion yuan, a change of - 3.18% compared to the previous trading day; the trading - to - position ratio was 83.68%. The precious metals trading volume was 6975.61 billion yuan, a change of - 29.97% compared to the previous trading day; the position - holding amount was 4720.89 billion yuan, a change of - 3.07% compared to the previous trading day; the trading - to - position ratio was 212.83% [1] 3.5 Energy and Chemical Plate - On December 9, 2025, the trading volume was 4343.91 billion yuan, a change of + 5.03% compared to the previous trading day; the position - holding amount was 4599.41 billion yuan, with no change compared to the previous trading day; the trading - to - position ratio was 81.00% [1] 3.6 Agricultural Products Plate - On December 9, 2025, the trading volume was 3117.11 billion yuan, a change of - 9.14% compared to the previous trading day; the position - holding amount was 5943.21 billion yuan, a change of - 1.72% compared to the previous trading day; the trading - to - position ratio was 51.66% [1] 3.7 Black Building Materials Plate - On December 9, 2025, the trading volume was 2432.68 billion yuan, a change of - 13.63% compared to the previous trading day; the position - holding amount was 3395.17 billion yuan, a change of - 1.93% compared to the previous trading day; the trading - to - position ratio was 73.27% [2]