瑞达期货股指期货全景日报-20260210

1. Report Industry Investment Rating - Not provided in the given content 2. Core View of the Report - After continuous rallies, the market's enthusiasm for chasing growth stocks has cooled down. With the Spring Festival approaching, there is profit - taking in the growth sector, and the market is shifting towards a value - style. The decline in January's PMI has a negative impact on market sentiment. However, the two - day rebound of US tech stocks may provide short - term emotional support to A - share tech stocks, and the value style may maintain a relative advantage before the Spring Festival [2] 3. Summary by Relevant Catalogs 3.1 Futures Market Data - Futures Contract Prices: IF (2603) is at 4724.0 (+6.2↑), IF (2602) at 4728.2 (+9.6↑); IH (2603) at 3093.6 (+11.4↑), IH (2602) at 3092.8 (+12.2↑); IC (2603) at 8290.8 (-11.4↓), IC (2602) at 8309.0 (-6.4↓); IM (2603) at 8229.0 (+12.4↑), IM (2602) at 8254.6 (+11.6↑) [2] - Futures Contract Spreads: IF - IH spread is 1635.4 (-3.6↓), IC - IF spread is 3580.8 (-18.6↓), etc. [2] - Quarter - to - Month Spreads: IF quarter - to - month is - 38.0 (-6.6↓), IH quarter - to - month is - 3.2 (+1.4↑), etc. [2] - Futures Net Positions: IF top 20 net positions are - 42,365.00 (-1530.0↓), IH top 20 net positions are - 23,548.00 (+1183.0↑), etc. [2] 3.2 Spot Market Data - Spot Index Prices: CSI 300 is at 4724.30 (+5.2↑), SSE 50 is at 3087.4 (+5.6↑), CSI 500 is at 8306.4 (-4.8↓), CSI 1000 A - share trading volume is 8,250.3 billion (+16.5↑) [2] - Basis: IF main contract basis is - 0.3 (-2.4↓), IH main contract basis is 6.2 (+4.0↑), etc. [2] 3.3 Market Sentiment Data - North - bound Trading: The previous trading day's north - bound trading volume is 2730.05 billion (-147.11↓) [2] - Other Indicators: Main funds are +261.26 billion (yesterday) and - 441.81 billion (today), the proportion of rising stocks is 40.05% (-44.16↓), etc. [2] 3.4 Industry News - Policy Changes: The Shanghai, Shenzhen, and Beijing Stock Exchanges announced a package of refinancing optimization measures focusing on high - quality listed companies and the technology innovation field [2] - Private Equity Performance: As of the end of January 2026, the number of Chinese private equity managers with over 10 billion in assets reached 122, a record high, and over 90% of them achieved positive returns with an average gain of 6.41% [2] 3.5 Market Performance - A - Share Indexes: The Shanghai Composite Index rose 0.13%, the Shenzhen Component Index rose 0.02%, the ChiNext Index fell 0.37%, and the CSI 1000 was the strongest among the four broad - based indexes. Trading volume in the Shanghai and Shenzhen stock markets decreased, and over 3100 stocks fell. Media and comprehensive sectors strengthened, while real estate and food and beverage sectors led the decline [2] - Overseas Markets: Overnight US tech stocks continued the rebound from last Friday, and influenced by this, the Japanese and South Korean stock markets opened higher this morning [2] - Economic Indicators: In January, the official manufacturing PMI was 49.3%, down 0.8 percentage points; the non - manufacturing PMI was 49.4%, down 0.8 percentage points; the composite PMI output index was 49.8%, down 0.9 percentage points, all falling into the contraction range [2] 3.6 Key Data to Watch - China's January financial data (TBD), US January retail sales, core retail sales on 2/10 at 21:30, China's January CPI and PPI on 2/11 at 9:30, etc. [3]