Core Viewpoint - The main contracts of the CSI 1000 stock index futures (IM) have fallen below 6500 points, with a daily decline of 1.47% [1] - The main contracts of the CSI 500 stock index futures (IC) experienced a daily drop of 2.00%, currently reported at 6085.0 points [1] Group 1 - CSI 1000 stock index futures (IM) main contract has dropped below 6500 points [1] - Daily decline of CSI 1000 stock index futures (IM) is recorded at 1.47% [1] - CSI 500 stock index futures (IC) main contract has a current value of 6085.0 points [1] Group 2 - Daily drop of CSI 500 stock index futures (IC) is noted at 2.00% [1]

金十期货7月31日讯，沪深300股指期货（IF）主力合约跌1.08%，上证50股指期货（IH）主力合约跌 1.10%，中证500股指期货（IC）主力合约跌0.53%，中证1000股指期货（IM）主力合约涨0.02%。 股指期货早盘收盘 ...

Group 1: Report Industry Investment Rating - No relevant content provided Group 2: Core Views of the Report - The short - term view of IH2509 is volatile, the medium - term view is rising, the intraday view is strongly volatile, and the overall view is rising, supported by positive policy expectations [1] - For IF, IH, IC, and IM, the intraday view is strongly volatile, the medium - term view is rising, and the overall view is rising. The stock index is expected to be strongly volatile in the short term [5] Group 3: Summary by Related Catalogs Variety View Reference - Financial Futures Stock Index Sector - For IH2509, short - term: volatile; medium - term: rising; intraday: strongly volatile; view reference: rising; core logic: positive policy expectations provide strong support [1] Main Variety Price Market Driving Logic - Financial Futures Stock Index Sector - Yesterday, each stock index was in a narrow - range volatile consolidation. The trading volume of the Shanghai, Shenzhen, and Beijing stock markets was 1871 billion yuan, an increase of 41.7 billion yuan from the previous day [5] - The Politburo meeting emphasized the implementation of existing policies, including more active fiscal policies and moderately loose monetary policies, focusing on boosting consumption and supporting technological innovation. It also aimed to enhance the attractiveness and inclusiveness of the domestic capital market [5] - The Politburo meeting had few incremental benefits. Since late June, some stocks have risen significantly, and some profit - taking funds may seek to take profits, weakening the short - term upward driving force of the stock index [5] - New policy incremental benefits are expected to wait for the policy guidance of the Fourth Plenary Session of the 20th CPC Central Committee in October. Currently, the stock market trading volume is at a relatively high level, and market risk appetite has recovered, so the stock index is expected to be strongly volatile in the short term [5]

金十期货7月30日讯，沪深300股指期货（IF）主力合约涨0.04%，上证50股指期货（IH）主力合约涨 0.28%，中证500股指期货（IC）主力合约跌0.42%，中证1000股指期货（IM）主力合约跌0.44%。 股指期货午盘收盘 ...

1. Index Trends - On July 29th, the Shanghai Composite Index rose 0.33% to close at 3609.71 points with a trading volume of 793.606 billion yuan; the Shenzhen Component Index rose 0.64% to close at 11289.41 points with a trading volume of 1009.564 billion yuan [1]. - The CSI 1000 Index rose 0.65% with a trading volume of 383.704 billion yuan, opening at 6724.32, closing at 6773.88, having a high of 6773.88 and a low of 6684.16 [1]. - The CSI 500 Index rose 0.52% with a trading volume of 292.527 billion yuan, opening at 6308.12, closing at 6356.13, having a high of 6356.15 and a low of 6272.31 [1]. - The SSE 50 Index rose 0.21% with a trading volume of 111.954 billion yuan, opening at 2802.78, closing at 2808.59, having a high of 2813.74 and a low of 2795.6 [1]. - The SSE 300 Index rose 0.39% with a trading volume of 428.764 billion yuan, opening at 4132.68, closing at 4152.02, having a high of 4153.33 and a low of 4117.58 [1]. 2. Impact of Sector Movements on Indexes - The CSI 1000 rose 43.9 points from the previous close, with sectors such as Medicine & Biology, Electronics, and Computer significantly pulling the index up [3]. - The CSI 500 rose 32.71 points from the previous close, with sectors such as Electronics, Medicine & Biology, and National Defense & Military Industry significantly pulling the index up [3]. - The SSE 300 rose 16.2 points from the previous close, with sectors such as Communication, Medicine & Biology, and Electronics significantly pulling the index up, while the Banking sector pulled it down [3]. - The SSE 50 rose 5.82 points from the previous close, with sectors such as Medicine & Biology, Electronics, and National Defense & Military Industry significantly pulling the index up, while sectors like Non - Banking Finance, Banking, and Non - Ferrous Metals pulled it down [3]. 3. Stock Index Futures Basis and Annualized Opening Costs - For IM contracts, IM00 had an average daily basis of - 55.39, IM01 of - 128.53, IM02 of - 316.31, and IM03 of - 482.97 [13]. - For IC contracts, IC00 had an average daily basis of - 47.12, IC01 of - 103.2, IC02 of - 239.59, and IC03 of - 362.3 [13]. - For IF contracts, IF00 had an average daily basis of - 6.59, IF01 of - 18.46, IF02 of - 50.91, and IF03 of - 85.84 [13]. - For IH contracts, IH00 had an average daily basis of - 0.08, IH01 of - 0.44, IH02 of 0.89, and IH03 of 1.65 [13]. 4. Stock Index Futures Roll - over Point Differences and Annualized Costs - Detailed data on roll - over point differences and their annualized costs for IM, IC, IF, and IH contracts are provided at different time points from 09:45 to 15:00 [24][25][26][27].

沪深300股指期货（IF）主力合约跌0.23%，上证50股指期货（IH）主力合约跌0.17%，中证500股指期 货（IC）主力合约涨0.03%，中证1000股指期货（IM）主力合约涨0.10%。 股指期货早盘开盘 ...

Group 1: Report Industry Investment Rating - No relevant content provided Group 2: Core Views of the Report - The short - term view for the IH2509 variety is a shock, the medium - term view is an upward trend, and the intraday view is a shock - biased upward trend, with an overall view of an upward trend. The core logic is that the positive policy expectations provide strong support [1]. - For the IF, IH, IC, and IM varieties, the intraday view is a shock - biased upward trend, the medium - term view is an upward trend, and the overall reference view is an upward trend. The core logic is that the stock indices oscillated and rose yesterday, with the trading volume of the Shanghai, Shenzhen, and Beijing stock markets reaching 1829.3 billion yuan, an increase of 63.2 billion yuan from the previous day. The market sentiment is positive, and the trading volume is at a high level. However, from a technical perspective, some stocks have risen significantly since late June, and some profit - taking funds may seek to lock in profits, so the stock indices may need a period of shock consolidation. In general, the stock indices will be mainly shock - biased upward in the short term, and attention should be paid to the policy guidance of the Politburo meeting [5]. Group 3: Summary by Relevant Catalogs Variety Views Reference - Financial Futures Stock Index Sector - For the IH2509 variety, the short - term is a shock, the medium - term is an upward trend, the intraday is a shock - biased upward trend, and the overall view is an upward trend, supported by positive policy expectations [1]. Main Variety Price Market Driving Logic - Financial Futures Stock Index Sector - For the IF, IH, IC, and IM varieties, the intraday view is a shock - biased upward trend, the medium - term view is an upward trend, and the overall reference view is an upward trend. The market is positive with high trading volume, but there may be profit - taking pressure, and short - term shock - biased upward movement is expected, with attention on policy guidance [5].

（文章来源：每日经济新闻） 每经AI快讯，周二（7月29日）纽约尾盘，标普500股指期货最终跌0.30%，道指期货跌0.53%，纳斯达 克100股指期货跌0.19%。罗素2000股指期货跌0.46%。 ...

1. Report Industry Investment Rating - Not provided 2. Core View of the Report - Today, the stock indices closed higher collectively, with the small and medium - cap indices showing stronger performance. The CSI 500 and CSI 1000 indices reached new highs for the year. The trading volume of the two markets increased, exceeding 1.8 trillion yuan again. Affected by the post - market childcare subsidy policy yesterday, the childcare concept sector drove the stock indices to open higher, but then quickly declined, and the CRO concept took over as the leading sector today. From the perspective of the basis of stock index futures, the volume - weighted average basis of each variety increased, and the market sentiment was generally positive. It is expected that the stock indices will maintain a moderate upward trend in the short term. This week, focus on the China - US talks and the Politburo meeting. If unexpectedly positive information is released, it may further drive up the stock indices [6] 3. Summary by Related Catalogs Market Review - Today, the stock indices fluctuated strongly. Taking the CSI 300 index as an example, it closed up 0.39%. In terms of funds, the trading volume of the two markets rebounded by 60.863 billion yuan. Stock index futures all rose with shrinking volume [4] Important Information - The implementation plan of the national childcare subsidy system was officially announced. Starting from January 1, 2025, a childcare subsidy of 3,600 yuan per child per year will be provided until the child reaches the age of 3. Eligible infants under 3 years old, regardless of whether they are the first, second, or third child, can apply for the childcare subsidy. For infants born before January 1, 2025 and under 3 years old, the subsidy will be calculated and paid according to the number of eligible months [5] Strategy Recommendation - Hold long positions and wait and see [7] Futures Market Observation | | IF | IH | IC | IM | | --- | --- | --- | --- | --- | | Main contract intraday change (%) | 0.54 | 0.39 | 0.66 | 0.86 | | Trading volume (10,000 lots) | 9.7663 | 4.6147 | 8.8093 | 18.8549 | | Trading volume change compared to the previous day (10,000 lots) | 0.467 | - 0.021 | - 0.0098 | 0.2292 | | Open interest (10,000 lots) | 25.952 | 9.4722 | 22.4781 | 32.9912 | | Open interest change compared to the previous day (10,000 lots) | - 0.4319 | - 0.0725 | - 0.3909 | - 0.8839 | [7] Spot Market Observation | Name | Value | | --- | --- | | Shanghai Composite Index change (%) | 0.33 | | Shenzhen Component Index change (%) | 0.64 | | Ratio of rising to falling stocks | 0.75 | | Trading volume of the two markets (100 million yuan) | 18031.71 | | Trading volume change compared to the previous day (100 million yuan) | 608.63 | [8]

股指期货数据日报 2025年7月29日 IM每日行情 IM行情概要 IM成交持仓 单位：点、手、亿元 单位：手 | | 收盘价 | +/- | 成交量 | +/- | | 成交额 | +/- | | 持仓量 | +/- | 持仓保证金 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 中证1000 | 6773.88 | 0.65% | 25,926 | | 3 % | | 3,837 | 7 % | | | | | | IM2508 | 6731.00 | 0.84% | 38,521 | | -2% | | 514 | -2% | 59,508 | -4,161 | | 9 6 | | IM2509 | 6662.00 | 0.86% | 116,403 | | 0 % | | 1,537 | 0 % | 174,556 | -5,877 | | 279 | | IM2512 | 6471.80 | 0.80% | 26,296 | | 9 % | | 337 | 8 % | 78,4 ...