1. Report Industry Investment Rating No information provided in the given content. 2. Core View of the Report The report presents the index trends, the influence of sector fluctuations on indices, the basis and annualized opening costs of stock - index futures, and the point differences and annualized costs of stock - index futures contract roll - overs on July 7th. It provides detailed data on various indices and futures contracts. 3. Summary by Relevant Catalogs Index Trends - On July 7th, the Shanghai Composite Index rose 0.02% to close at 3473.13 points with a trading volume of 476.197 billion yuan; the Shenzhen Component Index fell 0.7% to close at 10435.51 points with a trading volume of 732.444 billion yuan [1]. - The CSI 1000 Index rose 0.24% with a trading volume of 264.835 billion yuan, opening at 6305.04, closing at 6327.14, with a daily high of 6333.51 and a low of 6303.86 [1]. - The CSI 500 Index fell 0.19% with a trading volume of 165.759 billion yuan, opening at 5901.4, closing at 5900.41, with a daily high of 5910.8 and a low of 5889.6 [1]. - The SSE 50 Index fell 0.33% with a trading volume of 56.66 billion yuan, opening at 2736.01, closing at 2731.53, with a daily high of 2736.26 and a low of 2723.96 [1]. Sector Fluctuations' Influence on Indices - The CSI 1000 rose 14.94 points compared to the previous closing price. Sectors such as utilities, computers, and basic chemicals significantly pulled the index up, while machinery, electronics, and biomedicine pulled it down [2]. - The CSI 500 rose - 11.03 points compared to the previous closing price. Sectors like utilities, non - bank finance, and real estate significantly pulled the index up, while machinery, electronics, and biomedicine pulled it down [2]. - The SSE 300 rose - 17.03 points compared to the previous closing price. The banking sector significantly pulled the index up, while biomedicine, power equipment, and electronics pulled it down [2]. - The SSE 50 rose - 8.91 points compared to the previous closing price. The banking and national defense and military industries significantly pulled the index up, while coal, non - ferrous metals, and food and beverages pulled it down [2]. Stock - Index Futures Basis and Annualized Opening Costs - For IM futures, IM00 had an average daily basis of - 53.6, IM01 of - 131.34, IM02 of - 209.83, and IM03 of - 393.64 [13]. - For IC futures, IC00 had an average daily basis of - 38.29, IC01 of - 95.74, IC02 of - 151.11, and IC03 of - 276.72 [13]. - For IF futures, IF00 had an average daily basis of - 19.74, IF01 of - 37.22, IF02 of - 47.52, and IF03 of - 84.05 [13]. - For IH futures, IH00 had an average daily basis of - 17.1, IH01 of - 22.69, IH02 of - 23.55, and IH03 of - 24.24 [13]. Stock - Index Futures Contract Roll - over Point Differences and Annualized Costs - For IM futures, detailed 15 - minute average data on point differences between different contract months (e.g., IM00 - 01, IM00 - 02) and their corresponding annualized costs are provided [23]. - For IC futures, 15 - minute average data on point differences between different contract months and their corresponding annualized costs are presented [25]. - For IF futures, 15 - minute average data on point differences between different contract months and their corresponding annualized costs are given [25]. - For IH futures, 15 - minute average data on point differences between different contract months and their corresponding annualized costs are shown [27].