宝城期货股指期货早报（2026年2月26日）-20260226

Report Summary 1. Report Industry Investment Rating No relevant information provided. 2. Core Viewpoints of the Report - The short - term view of IH2603 is to oscillate, the medium - term view is to oscillate, and the intraday view is bullish, with an overall view of oscillatory consolidation due to the rising expectation of policy benefits [1]. - For IF, IH, IC, and IM, the intraday view is bullish, the medium - term view is to oscillate, and the reference view is oscillatory consolidation. In the short term, the stock index will operate in an oscillatory and bullish manner [5]. 3. Summary by Relevant Catalogs Variety Viewpoint Reference - Financial Futures Stock Index Sector - For IH2603, the short - term is oscillatory, the medium - term is oscillatory, the intraday is bullish, and the view is oscillatory consolidation. The core logic is the rising expectation of policy benefits [1]. Main Variety Price Market Driving Logic - Financial Futures Stock Index Sector - For IF, IH, IC, and IM, the intraday view is bullish, the medium - term view is oscillatory, and the reference view is oscillatory consolidation. The core logic is that stock indexes oscillated and rose yesterday. The trading volume of the Shanghai, Shenzhen, and Beijing stock markets was 2480.9 billion yuan, an increase of 262.7 billion yuan from the previous day. After the holiday, liquidity gradually flowed back to the stock market. Near the policy time - window of the Two Sessions, the risk appetite of the stock market increased, and the trading volume gradually expanded. The market sentiment was boosted by the housing policy optimization in Shanghai. The expectation of policy benefits and the continuous net inflow of incremental funds into the stock market are the main logics for the medium - and long - term upward movement of the stock index. The macro - policy can stabilize the macro - demand expectation, promote industrial transformation and upgrading, and improve the profit margin of listed companies [5].