投资咨询业务资格:证监许可【2012】31号 【C 国贸易所 宏观金融数据日报 国贸期货研究院 宏观金融研究中心 郑雨婷 期货执业证号:F3074875: 投资咨询证号:Z0017779 2025/5/28 | | 品种 | 收盘价 | 较前一日变动 (bp) | 品种 | 收盘价 | 较前一日变 动(bp) | | --- | --- | --- | --- | --- | --- | --- | | | DRO01 | 1.45 | -6.33 | DR007 | 1.62 | -3.59 | | | GC001 | 1.77 | 15.00 | GC007 | 1.76 | 4.00 | | 150 | SHBOR 3M | 1.64 | 0.10 | LPR 5年 | 3.60 | 0.00 | | t | 1年期国债 | 1.46 | 0.76 | 5年期国债 | 1.54 | 1.12 | | J | 10年期国债 | 1.72 | 0.51 | 10年期美债 | 4.51 | -3.00 | 回顾:央行昨日开展了4480亿元7天期逆回购操作,操作利率1.40%,投 标量4480亿元,中标量448 ...

投资咨询业务资格:证监许可【2012】31号 | | C | | C | | | C | 宏观金融数据日报 | 国贸期货研究院 宏观金融研究中心 郑雨婷 | | 期货执业证号:F3074875; 投资咨询证号:Z0017779 | | | 2025/5/21 | | --- | --- | --- | --- | --- | --- | | 品种 | 收盘价 | 较前一日变动 (bp) | 品种 | 收盘价 | 较前一日变 动(bp) | | DR001 | 1.52 | -2.07 | DR007 | 1.59 | -1.57 | | GC001 | 1.52 | 3.00 | GC007 | 1.62 | 2.00 | | SHBOR 3M | 1.64 | -0.30 | LPR 5年 | 3.50 | -10.00 | | 1年期国债 | 1.44 | 0.25 | 5年期国债 | 1.54 | 1.10 | | 10年期国债 | 1.67 | 1.20 | 10年期美债 | 4.46 | 3.00 | 提 ii TD 场 与 流 TI tt 回顾:昨日收盘,沪深300上涨0.54%至3898.2;上 ...

Group 1 - The 2025 Tsinghua Wudaokou Global Financial Forum was held in Shenzhen, focusing on building an open and inclusive economic and financial system [1] - The "China Financial Policy Report 2025" emphasizes the importance of timely macro-financial regulation and management to support the recovery of the real economy and stabilize financial markets [1] - The report outlines the challenges and opportunities facing China's financial development, advocating for deepening financial system reforms and enhancing system resilience [1] Group 2 - In 2024, M2 (broad money) is projected to grow by 7.3%, while the total social financing stock is expected to increase by 8% [2] - The establishment of a financing coordination mechanism for small and micro enterprises is anticipated to lead to a 14.6% year-on-year increase in inclusive small and micro loans by the end of 2024 [2] - Capital market reforms are expected to inject new momentum into high-quality economic development, with a 15% year-on-year increase in the number of new listings on the Sci-Tech Innovation Board and the Growth Enterprise Market in 2024 [2]

市场消息：欧洲委员会已根据七国集团贷款倡议，向乌克兰发放了第四批特殊宏观金融援助（MFA） 贷款，金额为十亿欧元。 ...

投资咨询业务资格:证监许可【2012】31号 | | C | | C | | C | | C | | | C | | | C | | | C | | | C | | | C | | | C | | | C | | | C | | | | C 宏观金融数据日报 | | 国贸期货研究院 宏观金融研究中心 郑雨婷 | | 期货执业证号:F3074875; 投资咨询证号:Z0017779 | | | 2025/5/7 | | --- | --- | --- | --- | --- | --- | --- | | | 品种 | 收盘价 | 较前一日变动 (bp) | 品种 | 收盘价 | 较前一日变 动(bp) | | | DRO01 | 1.71 | -7.58 | DR007 | 1.73 | -7.14 | | CLAR | GC001 | 1.71 | 17.00 | GC007 | 1.74 | 1.50 | | | SHBOR 3M | 1.75 | -0.20 | LPR 5年 | 3.60 | 0.00 | | al Л | 1年期国债 | 1.46 | 0.25 | 5年期国债 | 1.51 | 0. ...

Group 1 - The core viewpoint of the report indicates that China's economy achieved a "good start" in Q1 2025, with a GDP growth of 5.4% year-on-year, supported by macro policies [1] - The report highlights three main drivers of economic performance: proactive fiscal policy with special bonds boosting infrastructure investment, a continuous rise in PMI with the construction sector reaching a 9-month high, and financial data exceeding expectations with M2, RMB loans, and social financing growth rates surpassing nominal GDP growth [1] - The report identifies two major contradictions: insufficient demand leading to a decline in prices, with Q1 CPI down 0.1% and PPI still in negative growth, and uncertainties in future exports despite a 6.9% growth in Q1 exports [1] Group 2 - In response to the complex economic situation, the Chinese Academy of Social Sciences proposed targeted strategies, including accelerating the issuance of special bonds and suggesting an additional 2-3 trillion yuan in special bonds to stimulate the economy [2] - For consumption stimulation, short-term measures include issuing consumption vouchers and developing a comprehensive policy to support service consumption, while mid-term focus is on enhancing the vitality of the private economy and long-term strategies involve revitalizing existing assets to support sustainable consumption growth [2] - To stabilize the market, recommendations include developing a "dual rental and purchase" model in the housing market, introducing long-term funds to stabilize the stock market, maintaining a reasonable range for RMB exchange rates, and providing financial support for foreign trade enterprises to explore new markets and assist struggling companies with tax reductions [2]