股 指 期 货 交 易 数 据 | | | 大类资产早报 研究中心宏观团队 2026/02/27 | 全 球 资 产 市 场 表 现 | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 主要经济体10年期国债 | | | | | | | | | | 美国 | | 英国 | 法国 | 德国 | 意大利 | 西班牙 | 瑞士 | 希腊 | | 最新 | 4.005 | 4.273 | 3.248 | 2.690 | 3.299 | 3.097 | 0.197 | 3.297 | | 日本 | | 巴西 | 中国 | 韩国 | 澳大利亚 | 新西兰 | | | | 最新 | 2.149 | 5.915 | 1.819 | - | 4.701 | 4.353 | | | | 主要经济体2年期国债 | | | | | | | | | | 美国 | | 英国 | 德国 | 日本 | 意大利 | 中国（1Y收益 率） | 韩国 | 澳大利亚 | | 最新 | 3.431 | 3.540 | 2.037 | 1.233 | 2 ...

Global Asset Market Performance - The latest yields of 10 - year government bonds in major economies: US 4.244, UK 4.543, France 3.427, Germany 2.856, Italy 3.464, Spain 3.220, Switzerland 0.228, Greece 3.466, Japan 2.234, Brazil 6.205, China 1.814, Australia 4.814, New Zealand 4.628 [2] - The latest yields of 2 - year government bonds in major economies: US 3.573, UK 3.735, Germany 2.096, Japan 1.242, Italy 2.148, China (1Y yield) 1.292, Australia 4.189 [2] - The latest exchange rates of the US dollar against major emerging - economy currencies: Brazil 5.197, South Africa zar 15.773, South Korean won 1436.250, Thai baht 31.052, Malaysian ringgit 3.920 [2] - The latest exchange rates of the RMB: on - shore RMB 6.948, off - shore RMB 6.944, RMB central parity rate 6.976, RMB 12 - month NDF 6.815 [2] - The latest values of major economies' stock indices: S&P 500 6978.030, Dow Jones Industrial Average 49015.600, NASDAQ 23857.450, Mexican stock index 69959.730, UK stock index 10154.430, French CAC 8066.680, German DAX 24822.790, Spanish stock index 17607.600, Russian stock index (not available), Nikkei 53358.710, Hang Seng Index 27826.910, Shanghai Composite Index 4151.238, Taiwan stock index 32803.820, South Korean stock index 5170.810, Indian stock index 8320.556, Thai stock index 1338.900, Malaysian stock index 1756.490, Australian stock index 9250.602, emerging - economy stock index 1556.800 [2] - The latest values of credit - bond indices: Eurozone investment - grade credit - bond index 267.587, Eurozone high - yield credit - bond index 413.360 [2] Stock Index Futures Trading Data - Index performance: A - share closing price 4151.24 (up 0.27%), CSI 300 closing price 4717.99 (up 0.26%), SSE 50 closing price 3060.56 (up 0.27%), ChiNext closing price 3323.56 (down 0.57%), CSI 500 closing price 8601.16 (up 0.61%) [3] - Valuation: PE(TTM) of CSI 300 14.20 (up 0.06), SSE 50 11.67 (up 0.04), CSI 500 38.95 (up 0.25), S&P 500 27.87 (unchanged), German DAX 19.26 (down 0.06) [3] - Risk premium: 1/PE - 10 - year interest rate of S&P 500 - 0.66 (unchanged), German DAX 2.34 (up 0.04) [3] - Fund flow: A - share latest value - 1539.22, 5 - day average - 1092.50; Main - board latest value - 940.00, 5 - day average - 842.94; ChiNext latest value - 483.26, 5 - day average - 201.04; CSI 300 latest value - 581.72, 5 - day average - 527.18 [3] Other Trading Data - Transaction amount: Shanghai and Shenzhen stock markets latest value 29654.10 (up 704.28), CSI 300 latest value 8294.14 (up 1141.46), SSE 50 latest value 2526.23 (up 502.96), Small - and - medium - sized board latest value 5584.64 (up 21.30), ChiNext latest value 7441.76 (down 8.67) [4] - Main contract basis: IF basis 14.81 (0.31%), IH basis 9.24 (0.30%), IC basis 20.84 (0.24%) [4] - Treasury - bond futures: T2303 closing price 108.21 (up 0.02%), TF2303 closing price 105.87 (up 0.03%), T2306 closing price 108.19 (up 0.02%), TF2306 closing price 105.92 (up 0.03%) [4] - Fund interest rates: R001 1.4381% (down 19.00 BP), R007 1.6122% (down 2.00 BP), SHIBOR - 3M 1.5947% (down 1.00 BP) [4]

Global Asset Market Performance - The latest yields of 10-year government bonds in major economies: US 4.226%, UK 4.511%, France 3.493%, Germany 2.905%, Italy 3.512%, Spain 3.270%, Switzerland 0.278%, Greece 3.506%, Japan 2.248%, Brazil 6.208%, China 1.825%, South Korea 3.603%, Australia 4.818%, New Zealand 4.589% [3] - The latest yields of 2-year government bonds in major economies: US 3.595%, UK 3.722%, Germany 2.127%, Japan 1.240%, Italy 2.205%, China (1Y yield) 1.273%, South Korea 2.924%, Australia 4.183% [3] - The latest exchange rates of the US dollar against major emerging - economy currencies: Brazil 5.286, South Africa (zar) 16.127, South Korean won 1464.000, Thai baht 31.195, Malaysian ringgit 4.007 [3] - The latest exchange rates of the RMB: on - shore RMB 6.963, off - shore RMB 6.949, RMB central parity rate 6.993, RMB 12 - month NDF 6.817 [3] - The latest values of major economies' stock indices: S&P 500 6915.610, Dow Jones Industrial Average 49098.710, Nasdaq 23501.240, Mexican stock index 68195.150, UK stock index 10143.440, France CAC 8143.050, Germany DAX 24900.710, Spanish stock index 17544.400, Russian stock index (not available), Nikkei 53846.870, Hang Seng Index 26749.510, Shanghai Composite Index 4136.164, Taiwan stock index 31961.510, South Korean stock index 4990.070, Indian stock index 8951.010, Thai stock index 1314.390, Malaysian stock index 1719.990, Australian stock index 9189.871, emerging - economy stock index 1501.110 [3] - The latest values of credit - bond indices: US investment - grade credit - bond index 3555.310, euro - zone investment - grade credit - bond index 266.753, emerging - economy investment - grade credit - bond index 290.590, US high - yield credit - bond index 2933.910, euro - zone high - yield credit - bond index 412.990, emerging - economy high - yield credit - bond index 1838.807 [3] Stock Index Futures Trading Data - Index performance: A - share closing price 4136.16 (up 0.33%), CSI 300 closing price 4702.50 (down 0.45%), SSE 50 closing price 3032.19 (down 0.69%), ChiNext closing price 3349.50 (up 0.63%), CSI 500 closing price 8590.17 (up 2.42%) [4] - Valuation: PE(TTM) of CSI 300 14.08 (down 0.09%), SSE 50 11.49 (down 0.11%), CSI 500 38.90 (up 0.83%), S&P 500 27.62 (up 0.01%), Germany DAX 19.32 (up 0.03%) [4] - Risk premium: 1/PE - 10 - year interest rate of S&P 500 - 0.61 (up 0.01%), Germany DAX 2.27 (down 0.03%) [4] - Fund flow: A - share latest value - 58.18, main - board latest value - 331.92, ChiNext latest value 183.94, CSI 300 latest value - 814.22, A - share 5 - day average - 466.98, main - board 5 - day average - 321.96, ChiNext 5 - day average - 123.99, CSI 300 5 - day average - 457.40 [4] - Transaction amount: Shanghai and Shenzhen stock markets latest value 30852.24 (up 3934.91), CSI 300 latest value 7556.18 (up 653.83), SSE 50 latest value 2004.56 (up 70.45), small - and medium - sized board latest value 6259.27 (up 921.92), ChiNext latest value 8169.10 (up 1353.75) [5] - Main contract basis and spread: IF basis 6.70 (0.14%), IH basis 5.61 (0.18%), IC basis 68.03 (0.79%) [5] Treasury Futures Trading Data - Treasury futures closing prices: T2303 108.20 (up 0.04%), TF2303 105.88 (up 0.04%), T2306 108.19 (up 0.06%), TF2306 105.90 (up 0.05%) [5] - Fund interest rates: R001 1.4654% (down 8.00BP), R007 1.5360% (down 1.00BP), SHIBOR - 3M 1.5980% (unchanged) [5]

1. Report Industry Investment Rating - No information provided in the given content 2. Core Viewpoints - No clear core viewpoints are presented in the provided content. The document mainly shows data on global asset market performance, stock index futures trading, and bond futures trading 3. Summary by Relevant Catalogs Global Asset Market Performance - **10 - Year Treasury Bonds**: Yields of 10 - year treasury bonds in various major economies are presented. For example, the US is at 4.246, the UK at 4.473, and China at 1.830 [2] - **2 - Year Treasury Bonds**: Yields of 2 - year treasury bonds in different countries are given. The US 2 - year yield is 3.607, and China's 1 - year yield is 1.275 [2] - **Exchange Rates**: The latest exchange rates of the US dollar against major emerging - economy currencies are shown. For instance, the US dollar to Brazilian real is 5.288, and to South African rand is 16.133 [2] - **Stock Indices**: The latest values of major economy stock indices are provided. The S&P 500 is 6913.350, the Dow Jones Industrial Index is 49384.010, and the Shanghai Composite Index is 4122.576 [2] - **Credit Bond Indices**: The latest values of different credit - bond indices are presented. For example, the US investment - grade credit - bond index is 3554.310, and the euro - area high - yield credit - bond index is 412.940 [2] Stock Index Futures Trading Data - **Index Performance**: The closing prices and percentage changes of A - shares, CSI 300, SSE 50, ChiNext, and CSI 500 are given. A - shares closed at 4122.58 with a 0.14% increase [3] - **Valuation**: PE (TTM) and their环比changes of CSI 300, SSE 50, CSI 500, S&P 500, and German DAX are presented. The PE (TTM) of CSI 300 is 14.17 with a - 0.01环比 change [3] - **Risk Premium**: 1/PE - 10 - year interest rates and their环比 changes of S&P 500 and German DAX are provided. The 1/PE - 10 - year interest rate of S&P 500 is - 0.63 with a - 0.03环比 change [3] - **Fund Flows**: The latest values and 5 - day average values of fund flows in A - shares, the main board, small - and - medium - sized enterprise board, ChiNext, and CSI 300 are shown. The latest fund flow in A - shares is - 682.69 [3] - **Transaction Amount**: The latest values and环比 changes of trading amounts in the Shanghai and Shenzhen stock markets, CSI 300, SSE 50, small - and - medium - sized board, and ChiNext are given. The latest trading amount in the Shanghai and Shenzhen stock markets is 26917.33 with a 911.34环比 change [4] - **Main Contract Basis and Spread**: The basis and spread of IF, IH, and IC are presented. The basis of IF is - 4.31 with a - 0.09% spread [4] Bond Futures Trading Data - **Closing Prices and Percentage Changes**: The closing prices and percentage changes of T2303, TF2303, T2306, and TF2306 are given. T2303 closed at 108.15 with a - 0.05% change [4] - **Funding Rates**: The R001 is 1.4822%, R007 is 1.5473%, and SHIBOR - 3M is 1.5980%, with daily changes of - 6.00 BP, 1.00 BP, and 0.00 BP respectively [4]

Group 1: Global Asset Market Performance - **10 - year Treasury Bonds**: The latest yields of 10 - year Treasury bonds in major economies are as follows: US 4.294, UK 4.457, France 3.526, Germany 2.858, Italy 3.501, Spain 3.254, Switzerland 0.248, Greece 3.492, Japan 2.351, Brazil 6.271, China 1.832, South Korea (not available), Australia 4.782, New Zealand 4.515 [1] - **2 - year Treasury Bonds**: The yields of 2 - year Treasury bonds are: US 3.598, UK 3.667, Germany 2.068, Japan 1.212, Italy 2.168, China (1Y yield) 1.270, South Korea (not available), Australia 4.102 [1] - **USD Exchange Rates against Major Emerging - Market Currencies**: The latest exchange rates are: South Africa zar 5.376, Russia 16.425, South Korean won 1477.550, Thai baht 31.075, Malaysian ringgit 4.055 [1] - **Renminbi**: The latest values are: on - shore RMB 6.961, off - shore RMB 6.956, mid - price 7.001, 12 - month NDF 6.834 [1] - **Stock Indices of Major Economies**: The latest indices are: Dow Jones 6796.860, S&P 500 48488.590, Industrial Index 22954.320, Nasdaq 67683.380, Mexican Index 10126.780, UK Index 8062.580, France CAC 24703.120, Germany DAX 17429.100, Spanish Index (not available), Russian Index (not available), Nikkei 52991.100, Hang Seng Index 26487.510, Shanghai Composite Index 4113.649, Taiwan Index 31759.990, South Korean Index 4885.750, Indian Index 9134.700, Thai Index 1296.370, Malaysian Index 1699.060, Australian Index 9138.573, Index 1480.630 [1] - **Credit Bond Indices**: The latest values are: US investment - grade credit bond index 3534.390, Eurozone investment - grade credit bond index 266.750, emerging - economy investment - grade credit bond index 289.830, US high - yield credit bond index 2925.390, Eurozone high - yield credit bond index 411.820, emerging - economy high - yield credit bond index 1823.969 [1] Group 2: Stock Index Futures Trading Data - **Index Performance**: The closing prices of A - shares, CSI 300, SSE 50, ChiNext, and CSI 500 are 4113.65, 4718.88, 3070.65, 3277.98, and 8247.80 respectively. The percentage changes are - 0.01%, - 0.33%, - 0.17%, - 1.79%, and - 0.48% respectively [2] - **Valuation**: The PE (TTM) of CSI 300, SSE 50, CSI 500, S&P 500, and Germany DAX are 14.22, 11.74, 37.41, 27.14, and 19.17 respectively. The环比 changes are 0.00, 0.03, - 0.19, - 0.58, and - 0.20 respectively [2] - **Risk Premium**: The risk premium (1/PE - 10 - year interest rate) of S&P 500 and Germany DAX are - 0.61 and 2.36 respectively. The环比 changes are 0.01 and 0.03 respectively [2] - **Fund Flows**: The latest values of fund flows for A - shares, main board, SME board, ChiNext, and CSI 300 are - 1609.92, - 783.62, (not available), - 635.48, and - 346.24 respectively. The 5 - day average values are - 890.02, - 614.69, (not available), - 245.35, and - 396.73 respectively [2] Group 3: Other Trading Data - **Trading Volume**: The latest trading volume of Shanghai and Shenzhen stock markets, CSI 300, SSE 50, SME board, and ChiNext are 27776.57, 6719.61, 1757.36, 5667.08, and 7026.80 respectively. The环比 changes are 693.08, 168.12, 95.56, 190.51, and - 64.76 respectively [3] - **Main Contract Basis and Spread**: The basis of IF, IH, and IC are - 10.28, 4.75, and 1.00 respectively, with spreads of - 0.22%, 0.15%, and 0.01% respectively [3] - **Treasury Bond Futures**: The closing prices of T2303, TF2303, T2306, and TF2306 are 108.18, 105.88, 108.11, and 105.88 respectively. The percentage changes are 0.13%, 0.09%, 0.12%, and 0.06% respectively [3] - **Funding Rates**: The funding rates of R001, R007, and SHIBOR - 3M are 1.4212%, 1.5429%, and 1.6000% respectively. The daily changes are - 11.00 BP, 1.00 BP, and 0.00 BP respectively [3]

Group 1: Global Asset Market Performance - The latest yields of 10 - year government bonds in major economies: US 4.150%, UK 4.415%, France 3.521%, Germany 2.849%, Italy 3.514%, Spain 3.251%, Switzerland 0.241%, Greece 3.379%, Japan 2.116%, Brazil 6.234%, China 1.892%, Australia 4.758%, New Zealand 4.492% [3] - The latest yields of 2 - year government bonds in major economies: US 3.472%, UK 3.673%, Germany 2.088%, Japan 1.162%, Italy 2.200%, China (1Y yield) 1.339%, Australia 4.078% [3] - The latest exchange rates of the US dollar against major emerging - economy currencies: Brazil (latest 5.389), Russia (-), South Africa zar 16.453, Korean won 1448.250, Thai baht 31.280, Malaysian ringgit 4.058 [3] - The latest exchange rates related to the RMB: on - shore RMB 6.992, off - shore RMB 6.994, RMB mid - price 7.019, RMB 12 - month NDF 6.871 [3] - The latest values of major economies' stock indices: S&P 500 6920.930, Dow Jones Industrial Average 48996.080, Nasdaq 23584.280, Mexican stock index 64871.700, UK stock index 10048.210, France CAC 8233.920, Germany DAX 25122.260, Spanish stock index 17596.400, Russian stock index (-), Nikkei 51961.980, Hang Seng Index 26458.950, Shanghai Composite Index 4085.772, Taiwan stock index 30435.470, Korean stock index 4551.060, Indian stock index 8944.813, Thai stock index 1280.820, Malaysian stock index 1676.830, Australian stock index 9017.996, emerging - economy stock index 1462.970 [3] - The latest values of credit - bond indices: US investment - grade credit - bond index 3549.910, euro - zone investment - grade credit - bond index 266.569, emerging - economy investment - grade credit - bond index 290.690, US high - yield credit - bond index 2923.370, euro - zone high - yield credit - bond index 411.980, emerging - economy high - yield credit - bond index 1826.798 [3] Group 2: Stock Index Futures Trading Data - Index performance: A - shares' closing price is 4085.77 with a 0.05% change; CSI 300's closing price is 4776.67 with a - 0.29% change; SSE 50's closing price is 3145.12 with a - 0.43% change; ChiNext's closing price is 3329.69 with a 0.31% change; CSI 500's closing price is 7875.08 with a 0.78% change [4] - Valuation: PE(TTM) of CSI 300 is 14.44 with a - 0.08 change; SSE 50 is 12.05 with a - 0.08 change; CSI 500 is 35.66 with a 0.28 change; S&P 500 is 27.64 with a - 0.10 change; Germany DAX is 19.49 with a 0.18 change [4] - Risk premium: 1/PE - 10 - year interest rate of S&P 500 is - 0.53 with a 0.04 change; Germany DAX is 2.28 with a - 0.06 change [4] - Fund flow: The latest value of A - shares' fund flow is - 1026.33, the main board is - 902.23, the ChiNext is - 175.31, and the CSI 300 is - 368.61. The 5 - day average of A - shares is - 99.55, the main board is - 174.28, the ChiNext is 38.66, and the CSI 300 is 60.80 [4] Group 3: Other Trading Data - Transaction amount: The latest value of the Shanghai and Shenzhen stock markets is 28541.41 with a 476.34 change; CSI 300 is 6648.98 with a - 605.17 change; SSE 50 is 1693.07 with a - 107.41 change; small - and - medium - sized board is 6082.81 with a 347.24 change; ChiNext is 7569.99 with a 4.70 change [5] - Main contract basis and spread: IF's basis is - 23.67 with a - 0.50% spread; IH's basis is - 1.32 with a - 0.04% spread; IC's basis is - 72.48 with a - 0.92% spread [5] - Treasury futures: T2303's closing price is 107.61 with a - 0.08% change; TF2303 is 105.50 with a - 0.07% change; T2306 is 107.56 with a - 0.09% change; TF2306 is 105.49 with a - 0.08% change [5] - Fund interest rates: R001 is 1.3365% with a - 15.00 BP change; R007 is 1.5323% with a 4.00 BP change; SHIBOR - 3M is 1.5970% with a 0.00 BP change [5]

Global Asset Market Performance - The latest yields of 10 - year government bonds in major economies: 4.123% in the US, 4.497% in the UK, 3.562% in France, 2.854% in Germany, 3.548% in Italy, 3.286% in Spain, 0.276% in Switzerland, 3.439% in Greece, 2.059% in Japan, 6.197% in Brazil, 1.851% in China, 4.746% in Australia, 4.381% in New Zealand [1] - The latest yields of 2 - year government bonds in major economies: 3.449% in the US, 3.721% in the UK, 2.119% in Germany, 1.168% in Japan, 2.193% in Italy, 1.332% in China (1Y yield), 4.041% in Australia [1] - The exchange rates of the US dollar against major emerging - economy currencies: 16.593 against the South African rand, 1439.750 against the South Korean won, 31.505 against the Thai baht, 4.049 against the Malaysian ringgit. The latest on - shore RMB exchange rate is 6.996, and the offshore RMB exchange rate is 6.992 [1] - The latest values of major economies' stock indices: 6896.240 for the Dow Jones, 48367.060 for the S&P 500, 23419.080 for the Industrial Index, 64366.700 for the Nasdaq, 9940.710 for the Mexican stock index, 8168.150 for the UK stock index, 24490.410 for the French CAC, 17354.900 for the German DAX, etc [1] - The latest value of the US investment - grade credit bond index is 5.475 [1] Stock Index Futures Trading Data - Index performance: The closing prices of A - shares, CSI 300, SSE 50, ChiNext, and CSI 500 are 3965.12, 4651.28, 3036.55, 3242.90, and 7458.94 respectively. The percentage changes are - 0.00%, 0.26%, 0.06%, 0.63%, and 0.38% respectively [2] - Valuation: The PE (TTM) of CSI 300, SSE 50, CSI 500, S&P 500, and German DAX are 14.19, 11.83, 33.79, 27.55, and 18.95 respectively. The环比 changes are 0.03, 0.02, 0.09, - 0.03, and 0.10 respectively [2] - Risk premium: The 1/PE - 10 - year interest rate of S&P 500 is - 0.49, and that of German DAX is 2.42. The环比 changes are 0.00 and - 0.06 respectively [2] - Fund flow: The latest values of A - shares, the main board, the small and medium - sized enterprise board, ChiNext, and CSI 300 are - 279.78, - 268.14, N/A, - 0.27, and 84.86 respectively. The 5 - day average values are - 155.53, - 161.57, N/A, 5.04, and 31.34 respectively [2] Other Trading Data - Transaction amount: The latest values of the Shanghai and Shenzhen stock markets, CSI 300, SSE 50, the small and medium - sized board, and ChiNext are 21423.26, 4571.85, 1131.75, 4636.74, and 5594.95 respectively. The环比 changes are 29.88, - 254.29, - 39.45, 7.14, and 215.29 respectively [3] - Main contract's premium or discount: The basis of IF, IH, and IC are - 29.08, - 1.15, and - 77.94 respectively. The amplitudes are - 0.63%, - 0.04%, and - 1.04% respectively [3] - Treasury futures trading data: The closing prices of T2303, TF2303, T2306, and TF2306 are 107.94, 105.82, 107.95, and 105.82 respectively. The percentage changes are - 0.03%, - 0.02%, - 0.04%, and - 0.02% respectively [3] - Fund interest rates: The R001, R007, and SHIBOR - 3M are 1.3782%, 2.0620%, and 1.6000% respectively. The daily changes are - 56.00BP, 12.00BP, and 0.00BP respectively [3]

Global Asset Market Performance - 10-year Treasury yields: US at 4.129, Japan at 2.034, Brazil at 6.191, China at 1.833, South Korea at 3.371 [1] - 2-year Treasury yields: US at 3.480, Japan at 1.102, China (1Y yield) at 1.293, South Korea at 2.797 [1] - USD exchange rates against major emerging economies: Brazil at 5.544, South Africa (zar) at 16.661, South Korea (won) at 1442.300, Thailand (baht) at 31.068, Malaysia (ringgit) at 4.049 [1] - RMB exchange rates: Onshore at 7.005, offshore at 7.005, mid - price at 7.036, 12 - month NDF at 6.886 [1] - Major stock indices: S&P 500 at 6929.940, Dow Jones Industrial Average at 48710.970, NASDAQ at 23593.100, Nikkei at 50750.390, Shanghai Composite Index at 3963.679 [1] - Credit bond indices: US investment - grade at 3546.540, Eurozone investment - grade at 265.380, emerging economies investment - grade at 290.230, US high - yield at 2908.630, Eurozone high - yield at 409.840, emerging economies high - yield at 1822.849 [1] Stock Index Futures Trading Data - Index closing prices: A - shares at 3963.68, CSI 300 at 4657.24, SSE 50 at 3045.40, ChiNext at 3243.88, CSI 500 at 7458.84 [2] - Index price changes (%): A - shares at 0.10, CSI 300 at 0.32, SSE 50 at 0.41, ChiNext at 0.14, CSI 500 at 0.65 [2] - Index valuations (PE(TTM)): CSI 300 at 14.13, SSE 50 at 11.78, CSI 500 at 33.61, S&P 500 at 27.68, Germany DAX at 18.84 [2] - Index valuation环比 changes: CSI 300 at 0.00, SSE 50 at 0.00, CSI 500 at 0.00, S&P 500 at - 0.01, Germany DAX at 0.00 [2] - Index risk premiums (1/PE - 10 - year interest rate): S&P 500 at - 0.52 [2] - Index risk premium环比 changes: S&P 500 at 0.00 [2] Transaction Amount and Basis Data - Transaction amounts: Shanghai and Shenzhen stock markets at 21601.91, CSI 300 at 4604.27, SSE 50 at 1009.17, SME board at 4672.38, ChiNext at 5713.14 [3] - Transaction amount环比 changes: Shanghai and Shenzhen stock markets at 2356.68, CSI 300 at 750.71, SSE 50 at 188.41, SME board at 520.91, ChiNext at 450.21 [3] - Futures basis: IF at - 18.84, IH at 6.00, IC at - 70.84 [3] - Futures basis amplitude (%): IF at - 0.40, IH at 0.20, IC at - 0.95 [3] Treasury Futures Trading Data - Treasury futures closing prices: T2303 at 108.30, TF2303 at 106.05, T2306 at 108.32, TF2306 at 106.03 [3] - Treasury futures price changes (%): T2303 at 0.10, TF2303 at 0.06, T2306 at 0.10, TF2306 at 0.04 [3] Money Market Data - Money market interest rates: R001 at 1.3450%, R007 at 1.5264%, SHIBOR - 3M at 1.6000% [3] - Money market interest rate daily changes (BP): R001 at - 17.00, R007 at 1.00, SHIBOR - 3M at 0.00 [3]

1. Report Industry Investment Rating - No relevant information found. 2. Core Viewpoints of the Report - The report presents the performance of global asset markets, including the latest yields of 10 - year and 2 - year government bonds in major economies, exchange rates of the US dollar against major emerging - economy currencies, and the latest values of major economies' stock indices and credit bond indices. It also provides stock index futures trading data such as closing prices, price changes, valuations, risk premiums, and fund flows. Additionally, it includes trading data for treasury bond futures, money market interest rates, and trading volume and price changes of the stock market [3][4][5]. 3. Summary by Related Catalogs Global Asset Market Performance - **Government Bond Yields**: The latest 10 - year government bond yields are 4.148% in the US, 4.523% in the UK, 3.611% in France, etc.; 2 - year government bond yields are 3.484% in the US, 3.746% in the UK, etc. [3] - **Exchange Rates**: The US dollar to Brazilian real exchange rate is 5.543, to South African rand is 16.776, etc. The on - shore RMB exchange rate is 7.041, the off - shore RMB is 7.034, etc. [3] - **Stock Indices**: The latest values of major stock indices are 6834.500 for the S&P 500, 48134.890 for the Dow Jones Industrial Index, etc. [3] - **Credit Bond Indices**: The latest values of credit bond indices are 3534.890 for the US investment - grade credit bond index, 265.100 for the euro - zone investment - grade credit bond index, etc. [3] Stock Index Futures Trading Data - **Index Performance**: The closing prices of A - shares, CSI 300, SSE 50, ChiNext, and CSI 500 are 3890.45, 4568.18, 3004.34, 3122.24, and 7169.55 respectively, with price changes of 0.36%, 0.34%, 0.19%, 0.49%, and 0.97% respectively. [4] - **Valuation**: The PE(TTM) of the CSI 300, SSE 50, CSI 500, S&P 500, and German DAX are 13.97, 11.70, 32.58, 27.30, and 18.80 respectively, with环比 changes of 0.01, - 0.02, 0.29, 0.24, and 0.07 respectively. [4] - **Risk Premium**: The risk premium (1/PE - 10 - year interest rate) of the S&P 500 is - 0.49 with a环比 change of - 0.06, and that of the German DAX is 2.43 with a环比 change of - 0.06. [4] - **Fund Flows**: The latest fund flow values for A - shares, the main board, small - and medium - sized enterprise board, ChiNext, and CSI 300 are 369.45, 489.44, N/A, - 38.03, and 163.95 respectively, and the 5 - day average values are - 208.57, - 96.34, N/A, - 61.15, and 54.52 respectively. [4] Other Trading Data - **Stock Market Transaction Amount**: The latest transaction amounts of the Shanghai and Shenzhen stock markets, CSI 300, SSE 50, small - and medium - sized board, and ChiNext are 17259.15, 3715.77, 949.40, 3512.23, and 4382.72 respectively, with环比 changes of 704.32, - 105.25, 122.23, 197.55, and - 61.24 respectively. [5] - **Stock Index Futures Basis**: The basis of IF, IH, and IC are - 41.18, 2.06, and - 114.15 respectively, with basis spreads of - 0.90%, 0.07%, and - 1.59% respectively. [5] - **Treasury Bond Futures Trading**: The closing prices of T2303, TF2303, T2306, and TF2306 are 108.15, 105.97, 108.18, and 105.97 respectively, with price changes of 0.13%, 0.11%, 0.12%, and 0.10% respectively. [5] - **Money Market Interest Rates**: The interest rates of R001, R007, and SHIBOR - 3M are 1.3517%, 1.5148%, and 1.6022% respectively, with daily changes of - 17.00BP, - 1.00BP, and 0.00BP respectively. [5]

Group 1: Global Asset Market Performance - Latest yields of 10 - year government bonds in major economies: US 4.146, UK 4.518, France 3.547, Germany 2.844, Italy 3.542, Spain 3.280, Switzerland 0.277, Greece 3.422, Japan 1.952, Brazil 6.168, China 1.844, South Korea (not available), Australia 4.727, New Zealand 4.452 [1] - Latest yields of 2 - year government bonds in major economies: US 3.488, UK 3.759, Germany 2.132, Japan 1.059, Italy 2.248, China (1Y yield) 1.380, South Korea (not available), Australia 4.019 [1] - Latest exchange rates of the US dollar against major emerging - economy currencies: Brazil 5.468, Russia (not available), South Africa zar 16.759, South Korean won 1473.200, Thai baht 31.522, Malaysian ringgit 4.086 [1] - Latest exchange rates of the Chinese yuan: on - shore 7.043, off - shore 7.036, mid - price 7.060, 12 - month NDF 6.909 [1] - Latest stock indices of major economies: S&P 500 6800.260, Dow Jones Industrial Average 48114.260, Nasdaq 23111.460, Mexican index 63230.870, UK index 9684.790, French CAC 8106.160, German DAX 24076.870, Spanish index 16921.900, Russian index (not available), Nikkei 49383.290, Hang Seng Index 25235.410, Shanghai Composite Index 3824.812, Taiwan index 27536.660, South Korean index 3999.130, Indian index 8686.469, Thai index 1260.680, Malaysian index 1648.310, Australian index 8880.633, emerging - economy index 1352.660 [1] - Latest credit - bond indices: US investment - grade 3533.650, euro - zone investment - grade 265.441, emerging - economy investment - grade 290.080, US high - yield 2898.000, euro - zone high - yield 409.250, emerging - economy high - yield 1817.098 [1] Group 2: Stock Index Futures Trading Data - Index performance: A - share closing price 3824.81, down 1.11%; CSI 300 closing price 4497.55, down 1.20%; SSE 50 closing price 2954.79, down 1.08%; ChiNext closing price 3071.76, down 2.10%; CSI 500 closing price 7001.32, down 1.58% [2] - Valuation: PE (TTM) of CSI 300 13.77 (down 0.12), SSE 50 11.52 (down 0.09), CSI 500 31.86 (down 0.49), S&P 500 27.16 (down 0.09), German DAX 18.65 (down 0.12) [2] - Risk premium: 1/PE - 10 - year interest rate of S&P 500 - 0.46 (up 0.04), German DAX 2.52 (up 0.04) [2] - Fund flow: A - share latest value - 1087.65, 5 - day average - 674.95; main board latest value - 777.32, 5 - day average - 496.24; small - and - medium - sized enterprise board (not available); ChiNext latest value - 214.64, 5 - day average - 136.24; CSI 300 latest value - 147.68, 5 - day average - 96.94 [2] Group 3: Transaction Data and Other Market Information - Transaction amount: Shanghai and Shenzhen stock markets latest value 17241.73, down 492.66; CSI 300 latest value 3905.00, down 338.83; SSE 50 latest value 1033.24, down 78.10; small - cap board latest value 3381.18, down 25.44; ChiNext latest value 4461.76, down 206.17 [3] - Main contract basis and basis ratio: IF basis 1.85, basis ratio 0.04%; IH basis - 3.39, basis ratio - 0.11%; IC basis 8.88, basis ratio 0.13% [3] - Treasury futures closing prices: T2303 107.91, up 0.03%; TF2303 105.80, up 0.01%; T2306 107.92, up 0.02%; TF2306 105.80, up 0.01% [3] - Fund interest rates: R001 1.3448%, down 17.00 BP; R007 1.5003%, down 1.00 BP; SHIBOR - 3M 1.5950%, up 1.00 BP [3]