每经AI快讯，周二（12月16日）纽约尾盘，标普500股指期货最终跌0.39%，道指期货跌0.70%，纳斯达 克100股指期货涨0.01%。罗素2000股指期货跌0.67%。 ...

Group 1: Index Movements - On December 15th, the Shanghai Composite Index dropped by 0.55% to close at 3867.92 points, with a trading volume of 764.605 billion yuan; the Shenzhen Component Index fell by 1.1% to close at 13112.09 points, with a trading volume of 1008.835 billion yuan [1]. - The CSI 1000 Index decreased by 0.84%, with a trading volume of 372.659 billion yuan, opening at 7324.48, closing at 7309.08, reaching a high of 7375.61 and a low of 7305.83 [1]. - The CSI 500 Index declined by 0.78%, with a trading volume of 301.024 billion yuan, opening at 7121.38, closing at 7113.96, reaching a high of 7177.15 and a low of 7110.68 [1]. - The SSE 50 Index dropped by 0.25%, with a trading volume of 111.134 billion yuan, opening at 2979.76, closing at 2987.07, reaching a high of 3015.39 and a low of 2978.13 [1]. Group 2: Impact of Sector Movements on Indexes - The CSI 1000 Index dropped 61.86 points from the previous close, with sectors such as Medicine & Biology, Communication, and Electronics significantly dragging down the index [2]. - The CSI 500 Index fell 55.83 points from the previous close, with National Defense & Military Industry pulling the index up, while Electric Equipment, Machinery, and Electronics dragging it down [2]. - The SSE 50 Index decreased 7.57 points from the previous close, with Non - Banking Finance, Food & Beverage, and Basic Chemicals pulling the index up, while Machinery, Medicine & Biology, and Electronics dragging it down [2]. Group 3: Stock Index Futures Basis and Annualized Opening Costs - For IM contracts, IM00 had an average daily basis of - 8.87, IM01 of - 85.92, IM02 of - 246.25, and IM03 of - 490.68 [13]. - For IC contracts, IC00 had an average daily basis of - 2.63, IC01 of - 57.67, IC02 of - 174.09, and IC03 of - 377.5 [13]. - For IF contracts, IF00 had an average daily basis of - 5.33, IF01 of - 22.13, IF02 of - 48.54, and IF03 of - 92.24 [13]. - For IH contracts, IH00 had an average daily basis of - 2.95, IH01 of - 9.76, IH02 of - 10.95, and IH03 of - 26.66 [13]. Group 4: Stock Index Futures Roll - over Point Differences and Annualized Costs - For the IF contract, at 09:45, the point differences for IF00 - 01, IF00 - 02, and IF00 - 03 were - 15.1878, - 37.2969, and - 81.8414 respectively [24]. - For the IH contract, at 09:45, the point differences for IH00 - 01, IH00 - 02, and IH00 - 03 were - 5.45767, - 9.03133, and - 23.7498 respectively [25]. - For the IM contract, at 09:45, the point differences for IM00 - 01, IM00 - 02, and IM00 - 03 were - 75.8461, - 236.345, and - 480.077 respectively [27]. - For the IC contract, at 09:45, the point differences for IC00 - 01, IC00 - 02, and IC00 - 03 were - 55.5207, - 175.242, and - 383.666 respectively [28].

每经AI快讯，周一（12月15日）纽约尾盘，标普500股指期货最终跌0.15%，道指期货跌0.03%，纳斯达 克100股指期货跌0.47%。罗素2000股指期货跌0.83%。 （文章来源：每日经济新闻） ...

Report Industry Investment Rating - Not provided in the given content Core Viewpoints - The report provides a daily data tracking of stock index futures on December 11, 2025, including index trends, the impact of sector movements on indices, basis and annualized opening costs of stock index futures, and points differences and annualized costs during contract roll - overs [1] Summary by Directory Index Trends - On December 11, the Shanghai Composite Index dropped 0.7% to close at 3873.32 points, with a trading volume of 764.35 billion yuan; the Shenzhen Component Index fell 1.27% to 13147.39 points, with a trading volume of 1092.762 billion yuan [1] - The CSI 1000 Index decreased 1.3% with a trading volume of 381.934 billion yuan; the CSI 500 Index declined 1.02% with a trading volume of 300.745 billion yuan; the SSE 50 Index dropped 0.39% with a trading volume of 96.981 billion yuan; the SSE 300 Index fell 0.86% with a trading volume of 432.431 billion yuan [1] Impact of Sector Movements on Indices - The CSI 1000 dropped 96.24 points compared to the previous closing price, with sectors such as computer and electronics significantly pulling the index down [2] - The CSI 500 dropped 73.1 points, and sectors like computer, machinery, and electronics had a significant downward - pulling effect [2] - The SSE 300 dropped 39.65 points, and non - bank finance, electronics, and communication sectors pulled the index down [2] - The SSE 50 dropped 11.61 points, with sectors like banking and food and beverage pulling the index up, while national defense and military industry, non - bank finance, and electronics pulled it down [2] Basis and Annualized Opening Costs of Stock Index Futures - For IM contracts, IM00 had an average daily basis of - 34.69, IM01 of - 116.19, IM02 of - 281.81, and IM03 of - 526.96 [12] - For IC contracts, IC00 had an average daily basis of - 30.34, IC01 of - 90.88, IC02 of - 212.04, and IC03 of - 420.09 [12] - For IF contracts, IF00 had an average daily basis of - 18.46, IF01 of - 34.7, IF02 of - 59.83, and IF03 of - 105.72 [12] - For IH contracts, IH00 had an average daily basis of - 7.28, IH01 of - 12.66, IH02 of - 16.34, and IH03 of - 30.32 [12] Points Differences and Annualized Costs during Contract Roll - Overs - For IM contracts, data on points differences and annualized costs at different 15 - minute intervals from 09:45 to 15:00 are provided, such as at 09:45, IM00 - 01 was - 75.8461, IM00 - 02 was - 236.345, etc. [20] - Similar data for IC, IF, and IH contracts at different 15 - minute intervals are also presented, including points differences and annualized costs [22][24]

热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 客户端 来源：华泰期货 作者： 汪雅航 市场分析 联储如期降息。宏观方面，国家统计局公布数据显示，中国11月CPI同比上涨0.7%，创2024年3月以来 最高；核心CPI同比上涨1.2%，涨幅连续3个月保持在1%以上。11月PPI环比上涨0.1%，连续两个月上 涨，高基数下同比降幅扩大至2.2%。海外方面，美联储货币政策委员会会后公布，降息25个基点，将 联邦基金利率目标区间下调至3.50%–3.75%。为维持银行体系流动性充足，自12月12日起启动每月约 400亿美元的短期国债购买计划。美联储点阵图预测显示在2026年和2027年各有一次25个基点的降息。 鲍威尔在新闻发布会上表示，货币政策无预设路径，将逐次会议依据数据决策。 股指探底回升。现货市场，A股三大指数探底回升，沪指跌0.23%收于3900.50点，创业板指跌0.02%。 行业方面，板块指数涨多跌少，房地产、商贸零售、社会服务、通信行业领涨，银行、电力设备、计算 机行业跌幅居前。当日沪深两市成交额继续回落至1.78万亿元。海外方面，美国三大股指全线收涨，道 指涨1.05%报48057.75 ...

每经AI快讯，周三（12月10日）纽约尾盘，标普500股指期货最终涨0.67%，道指期货涨1.15%，纳斯达 克100股指期货涨0.40%。罗素2000股指期货涨1.60%。 （文章来源：每日经济新闻） ...

1. Report Information - Report title: Stock Index Futures Data Daily Report [1] - Date: December 10, 2025 [2] 2. IM Futures 2.1 Daily Quotes - The closing price of CSI 1000 was 7,408.24, up 0.37%, with a trading volume of 21,561 lots (down 6%) and a trading value of 36.02 billion yuan (down 8%) [4] - The IM main - contract (IM2512) rose 0.22% to close at 7,371.4 points. The trading volume of IM four - contracts was 177,447 lots, an increase of 36,576 lots from the previous day; the total open interest was 369,233 lots, an increase of 9,226 lots [4][5] 2.2 Basis and Other Indicators - The IM main - contract was at a discount of 36.84 points, down 4.06 points from the previous day; the annualized basis rate was - 18.24% [5] - The dividend impacts of the four IM contracts were 0.34 points, 1.2 points, 1.21 points, and 44.18 points respectively [5] 2.3 Main Seats - For IM2512, the top five seats in terms of trading volume had a total of 46,882 lots, an increase of 11,437 lots from the previous day. The top five seats in terms of long positions had 45,109 lots (an increase of 1,400 lots), and the top five seats in terms of short positions had 56,585 lots (an increase of 1,488 lots) [19] 3. IF Futures 3.1 Daily Quotes - The closing price of CSI 300 was 4,591.83, down 0.14%, with a trading volume of 16,911 lots (down 8%) and a trading value of 40.15 billion yuan (down 11%) [24] - The IF main - contract (IF2512) fell 0.17% to close at 4,574.2 points. The trading volume of IF four - contracts was 122,684 lots, an increase of 23,187 lots from the previous day; the total open interest was 276,464 lots, an increase of 7,169 lots [24][25] 3.2 Basis and Other Indicators - The IF main - contract was at a discount of 17.63 points, down 2.61 points from the previous day; the annualized basis rate was - 14.07% [25] - The dividend impacts of the four IF contracts were 3.54 points, 9.82 points, 10.92 points, and 40.57 points respectively [25] 3.3 Main Seats - For IF2512, the top five seats in terms of trading volume had a total of 75,172 lots, an increase of 12,528 lots from the previous day. The top five seats in terms of long positions had 54,636 lots (a decrease of 1,176 lots), and the top five seats in terms of short positions had 56,894 lots (an increase of 127 lots) [37] 4. IC Futures 4.1 Daily Quotes - The closing price of CSI 500 was 7,155.99, up 0.49%, with a trading volume of 15,397 lots (down 8%) and a trading value of 28.05 billion yuan (down 8%) [42] - The IC main - contract (IC2512) rose 0.4% to close at 7,122.2 points. The trading volume of IC four - contracts was 116,534 lots, an increase of 20,739 lots from the previous day; the total open interest was 252,255 lots, an increase of 2,642 lots [42][43] 4.2 Basis and Other Indicators - The IC main - contract was at a discount of 33.79 points, down 6.86 points from the previous day; the annualized basis rate was - 17.32% [43] - The dividend impacts of the four IC contracts were 0.84 points, 2.37 points, 2.94 points, and 57.32 points respectively [43] 4.3 Main Seats - For IC2512, the top five seats in terms of trading volume had a total of 31,609 lots, an increase of 5,655 lots from the previous day. The top five seats in terms of long positions had 34,243 lots (an increase of 1,249 lots), and the top five seats in terms of short positions had 44,390 lots (an increase of 1,291 lots) [58] 5. IH Futures 5.1 Daily Quotes - The closing price of SSE 50 was 2,988.64, down 0.31%, with a trading volume of 4,151 lots (down 4%) and a trading value of 10.13 billion yuan (down 8%) [64] - The IH main - contract (IH2512) fell 0.35% to close at 2,980.8 points. The trading volume of IH four - contracts was 51,211 lots, an increase of 12,074 lots from the previous day; the total open interest was 96,737 lots, an increase of 4,369 lots [64] 5.2 Basis and Other Indicators - The IH main - contract was at a discount of 7.84 points, down 1.48 points from the previous day; the annualized basis rate was - 9.6% [65] - The dividend impacts of the four IH contracts were 4.68 points, 12.33 points, 13.5 points, and 31.52 points respectively [65] 5.3 Main Seats - For IH2512, the top five seats in terms of trading volume had a total of 35,039 lots, an increase of 9,905 lots from the previous day. The top five seats in terms of long positions had 23,003 lots (an increase of 1,156 lots), and the top five seats in terms of short positions had 27,634 lots (an increase of 651 lots) [80]

1. Index Trends - On December 09, the Shanghai Composite Index had a change of -0.37%, closing at 3909.52 points with a trading volume of 781.16 billion yuan; the Shenzhen Component Index had a change of -0.39%, closing at 13277.36 points with a trading volume of 1122.793 billion yuan [1]. - The CSI 1000 Index had a change of -0.57% with a trading volume of 392.313 billion yuan, opening at 7400.93, closing at 7380.58, with a daily high of 7439.55 and a low of 7370.3 [1]. - The CSI 500 Index had a change of -0.71% with a trading volume of 305.522 billion yuan, opening at 7150.97, closing at 7121.33, with a daily high of 7185.11 and a low of 7103.83 [1]. - The SSE 300 Index had a change of -0.51% with a trading volume of 452.114 billion yuan, opening at 4611.38, closing at 4598.22, with a daily high of 4628.7 and a low of 4584.25 [1]. - The SSE 50 Index had a change of -0.71% with a trading volume of 110.095 billion yuan, opening at 3012.24, closing at 2997.96, with a daily high of 3015.45 and a low of 2991.65 [1]. 2. Impact of Sector Movements on Indexes - The CSI 1000 dropped 42.47 points from the previous close, with sectors such as basic chemicals, pharmaceuticals, and non - ferrous metals significantly dragging down the index [2]. - The CSI 500 dropped 51.04 points from the previous close, with the electronics sector significantly boosting the index, while non - bank finance, power equipment, and non - ferrous metals sectors significantly dragging it down [2]. - The SSE 300 dropped 23.53 points from the previous close, with communication and electronics sectors significantly boosting the index, while food and beverage, non - bank finance, and non - ferrous metals sectors significantly dragging it down [2]. - The SSE 50 dropped 21.4 points from the previous close, with food and beverage, non - bank finance, and non - ferrous metals sectors significantly dragging it down [2]. 3. Futures Basis and Annualized Opening Costs - For IM contracts, IM00 had an average daily basis of -29.36, IM01 of -106.87, IM02 of -266.49, and IM03 of -512.42 [12]. - For IC contracts, IC00 had an average daily basis of -20.13, IC01 of -76.42, IC02 of -194.26, and IC03 of -402.83 [12]. - For IF contracts, IF00 had an average daily basis of -9.71, IF01 of -25.05, IF02 of -48.0, and IF03 of -93.78 [12]. - For IH contracts, IH00 had an average daily basis of -4.06, IH01 of -9.88, IH02 of -13.35, and IH03 of -28.39 [12]. 4. Futures Roll - over Point Differences and Annualized Costs - The report provides 15 - minute average data on roll - over point differences and their annualized costs for IM, IC, IF, and IH contracts [22][24][26].

股指期货数据日报 2025年12月9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 | 600,000 | | | 中证1000 | 7380.58 | -0.57% | 22,849 | | -5% | 3,923 | -6% | | | | | | | IM2512 | 7347.80 | -0.53% | 86,997 | | -17% | 1,283 | -17% | 164,945 | -3,702 | 291 | 500,000 | | | IM2601 | 7270.60 | -0.52% | 8,527 | | -24% | 124 | -24% | 23,409 | 1,102 ...

Macro Analysis - In November 2025, China's exports increased by 5.9% year-on-year, primarily due to the fading high base effect and sustained overseas demand [1] - Looking ahead, December's export growth may face high base effects, but optimism remains for next year's overseas demand due to global fiscal expansion and improved China-US trade relations [1] Real Estate Industry - As of December 7, 2025, new home transactions in 20 cities totaled 720,000 units, a decrease of 13.9% year-on-year; Beijing saw 37,000 units (-19%), Shanghai 95,000 units (-5%), and Shenzhen 25,000 units (-33%) [2] - In the secondary housing market, transactions in 10 cities reached 711,000 units, an increase of 1.5% year-on-year; Beijing recorded 160,000 units (+1%), Shanghai 236,000 units (+8%), and Shenzhen 64,000 units (+9%) [2] Company Research - For Anjins Food (603345.SH), the forecasted net profit for 2025-2027 is 1.391 billion, 1.513 billion, and 1.672 billion yuan, translating to EPS of 4.17, 4.54, and 5.02 yuan, with current P/E ratios of 19, 18, and 16 times respectively [3] - The company's short-term operations are improving, with a gradual recovery in profitability expected as industry price competition eases; if the consumption environment improves next year, performance elasticity is anticipated [3] - New products and channel strategies are actively evolving, with expected positive outcomes in the future, maintaining a "buy" rating [3]