华泰期货流动性日报-20251211

1. Report Industry Investment Rating - No relevant information provided 2. Core View of the Report - The report presents the trading and position - holding data of various market sectors on December 10, 2025, including changes in trading volume, position - holding amount, and trading - to - position ratios [1][2] 3. Summary by Directory 3.1 Plate Liquidity - The report provides figures on the trading volume and position - holding amount of multiple sectors, including the stock index, treasury bond, basic metal, precious metal, energy - chemical, agricultural product, and black building materials sectors, along with their respective trading - to - position ratios and changes from the previous trading day [1][2] 3.2 Stock Index Plate - On December 10, 2025, the trading volume of the stock index plate was 632.676 billion yuan, a +23.64% change from the previous trading day; the position - holding amount was 1349.433 billion yuan, a +2.45% change; and the trading - to - position ratio was 47.04% [1] 3.3 Treasury Bond Plate - The trading volume of the treasury bond plate was 361.108 billion yuan, a +6.19% change from the previous trading day; the position - holding amount was 739.837 billion yuan, a +1.18% change; and the trading - to - position ratio was 48.18% [1] 3.4 Basic Metal and Precious Metal (Metal Plate) - The basic metal plate had a trading volume of 535.179 billion yuan, a - 6.10% change from the previous trading day, a position - holding amount of 673.527 billion yuan, a +0.21% change, and a trading - to - position ratio of 81.75%. The precious metal plate had a trading volume of 866.385 billion yuan, a +24.20% change, a position - holding amount of 484.287 billion yuan, a +2.58% change, and a trading - to - position ratio of 274.97% [1] 3.5 Energy - Chemical Plate - The trading volume of the energy - chemical plate was 450.435 billion yuan, a +3.69% change from the previous trading day; the position - holding amount was 456.628 billion yuan, a - 0.72% change; and the trading - to - position ratio was 87.43% [1] 3.6 Agricultural Product Plate - The trading volume of the agricultural product plate was 372.909 billion yuan, a +19.63% change from the previous trading day; the position - holding amount was 594.625 billion yuan, a +0.05% change; and the trading - to - position ratio was 60.09% [1] 3.7 Black Building Materials Plate - The trading volume of the black building materials plate was 279.873 billion yuan, a +15.05% change from the previous trading day; the position - holding amount was 335.693 billion yuan, a - 1.13% change; and the trading - to - position ratio was 84.34% [2]