Group 1 - The report outlines a grid trading strategy that capitalizes on price fluctuations rather than predicting market trends, making it suitable for volatile markets [3][13] - Characteristics of suitable grid trading targets include being exchange-traded, having stable long-term trends, low transaction costs, good liquidity, and high volatility, with equity ETFs being particularly appropriate [3][13] - The report highlights key ETFs for grid trading, including the New Energy Vehicle ETF, which is expected to see significant growth as China's car sales surpass Japan's by 2025, with exports projected to double [4][14] Group 2 - The Cloud Computing ETF is noted for its substantial growth in daily token usage, which has increased over a thousand times in two years, supported by robust computing infrastructure [4][17] - The Asia-Pacific Selected ETF aims to diversify asset allocation across the region, with an expected economic growth rate of 4.5% in 2026, enhancing the potential for investment returns [6][18] - The Sci-Tech Comprehensive Index ETF is positioned to benefit from China's focus on technological self-reliance and innovation, as indicated by significant government investment in R&D and digital economy sectors [7][20]

Group 1: Report Overview - The report is a weekly report on the black metal industry chain, covering the analysis of rebar futures and iron ore futures [2] Group 2: Rebar Futures 1. Mid - term Market Analysis - The supply and demand of rebar futures are in a relatively balanced pattern. The main contract runs in the shock consolidation range of 2882 - 3330 [7] - The short - term trend is a rise followed by a fall and range consolidation. The mid - term pattern is still in the shock consolidation range. The grid trading strategy can be considered, with the antenna at 3330, the ground line at 2882, the grid spacing at 32, and the grid number at 14 [8] - The rebar futures are in a sideways phase at the daily - line level, the mid - term trend index is in a pattern of falling and consolidating after a short - term high, and the main funds are slightly bullish but with a small outflow trend [8] 2. Variety Trading Strategy - Last week, the mid - term trend of the main contract of rebar futures was in a shock consolidation range [11] - This week, according to the AI intelligent big - data quantitative strategy model, the main contract of rebar futures enters the sideways consolidation range, and the large - grid trading strategy can be considered [12] - For spot enterprises, it is recommended to wait and see until a new mid - term trend becomes clear during the consolidation phase [13] Group 3: Iron Ore Futures 1. Mid - term Market Analysis - According to the comprehensive analysis of the AI intelligent data model, the main contract of iron ore futures is in a wide - range shock consolidation range of 740 - 885 [31] - The daily - line level of iron ore is in an upward channel, but the weekly - line trend is in a neutral range. The mid - term trend reached the upper edge of the previous range this week and is in a slight consolidation stage [31] - The main funds are relatively bullish, and the fund flow remains stable. The grid trading strategy can be considered during the range consolidation stage [31] 2. Variety Trading Strategy - Last week, the main contract of iron ore futures was in a wide - range shock consolidation area of 740 - 885 [34] - This week, during the range consolidation stage, a wide - grid trading strategy can be considered, with the antenna at 885, the ground line at 740, the style number at 14, and the style spacing at 10.5 [34] Group 4: Data Source - The data in this report is sourced from Wind, Mysteel, and the trading consultation department of Great Wall Futures [20][37][48]

1. Report Industry Investment Rating - No relevant content provided 2. Core Viewpoints - The supply and demand of the rebar futures market are in a relatively balanced pattern, with the main contract operating in a shock consolidation range of 2882 - 3330. The iron ore futures main contract is in a wide - range shock consolidation range of 740 - 885 [7][34] 3. Summary by Directory Rebar Futures 3.1 Mid - line Market Analysis - The supply and demand are in a relatively balanced pattern. The main contract of rebar futures operates in a shock consolidation range of 2882 - 3330. The daily - line level is in an upward channel, while the weekly - line level is in a neutral shock range. The mid - line trend indicator is in a pattern of falling back after a short - term rush. The capital side is slightly bullish but has an outflow trend [7] - A grid trading strategy can be considered, with an antenna of 3330, a ground line of 2882, a grid spacing of 32, and 14 grids [8] 3.2 Variety Trading Strategy - Last week, the main contract of rebar futures was in a shock consolidation range. This week, according to the AI intelligent big - data quantitative strategy model, it enters a sideways consolidation range, and a large - grid trading strategy can be considered. For spot enterprises, it is recommended to wait and see until a new mid - line trend becomes clear [11][12][13] 3.3 Relevant Data Situation - The data sources of this report are Wind, Mysteel, and the trading consultation department of Great Wall Futures [20][25][29] Iron Ore Futures 3.1 Mid - line Market Analysis - The main contract of iron ore futures is in a wide - range shock consolidation range of 740 - 885. The daily - line level is in an upward channel, while the weekly - line level is in a neutral range. The mid - line trend is in a slight consolidation stage after reaching the upper edge of the previous range this week. The capital side is relatively bullish and the capital flow remains stable. A grid trading strategy can be considered [34] 3.2 Variety Trading Strategy - Last week, the main contract of iron ore futures was in a wide - range shock consolidation area of 740 - 885. This week, a wide - range grid trading strategy can be considered, with an antenna of 885, a ground line of 740, 14 styles, and a style spacing of 10.5 [37] 3.3 Relevant Data Situation - The data sources of this report are Wind, Mysteel, and the trading consultation department of Great Wall Futures [40][52]

Group 1: Report Overview - Report title: "Futures Weekly Report on Rebar and Iron Ore" [1] - Report period: March 16 - 20, 2026 [2] Group 2: Rebar Futures 1. Mid - term Market Analysis - Mid - term trend: The main contract of rebar futures operates in a shock consolidation range of 2882 - 3330 [7] - Trend judgment logic: Weekly rebar production is 195,000 tons, domestic consumption is 1.76 million tons, major steel mills' inventory is 2.39 million tons, and social inventory is 9.62 million tons. Market capital attention has slightly decreased [7] - Mid - term strategy: Consider a grid trading strategy with an antenna of 3330, a ground line of 2882, a grid spacing of 32, and 14 grids [7] 2. Variety Trading Strategy - Last week's strategy review: The main contract of rebar futures entered a shock consolidation range [10] - This week's strategy suggestion: Implement a large - grid trading strategy as the main contract enters a sideways consolidation range [11] - Hedging suggestion for spot enterprises: Wait and see during the consolidation phase until a new mid - term trend is clear [12] Group 3: Iron Ore Futures 1. Mid - term Market Analysis - Mid - term trend: The main contract of iron ore futures is in a wide - range shock consolidation range [31] - Trend judgment logic: Global iron ore shipments last week were 2.897 billion tons, arrivals at 45 major Chinese ports were 2.609 billion tons, steel enterprises' inventory was 8.929 billion tons, and domestic major ports' inventory was 17.187 billion tons. The mid - term trend has returned to the shock consolidation range [31] - Mid - term strategy: Consider implementing a grid trading strategy [31] 2. Variety Trading Strategy - Last week's strategy review: The main contract of iron ore futures was in a wide - range shock consolidation range [34] - This week's strategy suggestion: Implement a wide - grid trading strategy with an antenna of 831, a ground line of 691, 14 styles, and a style spacing of 10 [34]

Group 1 - The report outlines a grid trading strategy, which is essentially a high buy low sell trading approach that capitalizes on price fluctuations without predicting market trends, making it suitable for volatile markets [3][11] - The characteristics of suitable grid trading targets include selecting on-market assets, stable long-term trends, low transaction costs, good liquidity, and high volatility, with equity ETFs being identified as appropriate for this strategy [3][11] Group 2 - The report highlights three key ETFs for grid trading: 1. **Cloud Computing ETF (159273.SZ)**: The rise of OpenClaw, an AI framework, is expected to drive exponential growth in demand for cloud computing infrastructure and computing power rental services, supported by national strategies emphasizing AI and infrastructure development [3][12] 2. **Consumer Electronics ETF (562950.SH)**: Xiaomi's launch of the Xiaomi miclaw, an AI-driven mobile assistant, signifies a deep integration of AI into consumer electronics, potentially enhancing product experiences and driving demand for core components and high-end chips [4][15] 3. **Robotics ETF (159530.SZ)**: The increasing presence of robots in various commercial scenarios, as showcased in recent cultural events, reflects the maturation of China's robotics industry and its expansion into new economic growth areas, supported by advancements in AI and smart manufacturing [5][6][17] Group 3 - The report suggests that investors should consider using a combination of low-correlation ETFs for grid trading to diversify risk and enhance capital efficiency, recommending combinations of different types and investment ranges of ETFs [18]

Report Title - Weekly Report on Rebar and Iron Ore Futures [1] Report Period - March 9 - 13, 2026 [2] 1. Rebar Futures 1.1 Mid - line Market Analysis - The supply - demand of rebar is in a relatively balanced pattern. The main contract of rebar futures operates in the shock consolidation range of 2882 - 3330 according to the comprehensive analysis of the Great Wall Futures AI intelligent data quantitative strategy model [7] - The weekly output of rebar is 173 tons, domestic consumption is 980,000 tons, the inventory of major steel mills is 2.37 million tons, and the social inventory is 9.35 million tons. The market capital attention has slightly declined recently [7] - A grid trading strategy can be considered during the consolidation stage. The system strategy suggests: antenna 3330, ground line 2882, grid spacing 32, and grid number 14 [7] 1.2 Variety Trading Strategy - Last week, the main contract of rebar futures entered the shock consolidation range [10] - This week, according to the Great Wall Futures AI intelligent big - data quantitative strategy model, the main contract of rebar futures has entered the sideways consolidation range, and a large - grid trading strategy can be considered [11] - Spot enterprises are advised to wait and see during the consolidation stage until a new mid - line trend becomes clear [12] 1.3 Related Data - The data sources of this report are Wind, Mysteel, and the Great Wall Futures Trading Consultation Department [15][20][23] 2. Iron Ore Futures 2.1 Mid - line Market Analysis - According to the comprehensive factor analysis of the Great Wall Futures AI intelligent data model, the main contract of iron ore futures is in a wide - range shock consolidation range [35] - In terms of supply, the global shipment volume of iron ore last week was 33.4 million tons, the arrival volume at 45 major Chinese ports was 21.46 million tons, the inventory of steel enterprises was 90.11 million tons, and the inventory at domestic major ports was 171.17 million tons [35] - A grid trading strategy can be considered during the range consolidation stage [35] 2.2 Variety Trading Strategy - Last week, according to the Great Wall Futures AI intelligent data model variety diagnosis report, the main contract of iron ore futures was in a wide - range shock consolidation range [38] - This week, during the range consolidation stage, a wide - grid trading strategy can be considered, with antenna 831, ground line 691, style number 14, and style spacing 10 [38] 2.3 Related Data - The data sources of this report are Wind, Mysteel, and the Great Wall Futures Trading Consultation Department [43][48]

Group 1: Grid Trading Strategy Overview - The essence of "grid trading" is a high buy low sell strategy, which does not predict market trends but utilizes natural price fluctuations within a certain range to generate profits, making it suitable for frequently fluctuating markets [3][11] - Characteristics of suitable grid trading targets include: selecting on-market targets, stable long-term trends, low trading costs, good liquidity, and high volatility. Equity ETFs are considered relatively suitable for grid trading [3][11] Group 2: ETF Grid Strategy Target Analysis - The Hong Kong Stock Connect Non-Bank ETF (513750.SH) benefits from an increase in the sales proportion of participating insurance products, which helps optimize the liability cost for insurance funds. In Q3 2025, the net profit of the top five listed insurance companies in A-shares reached CNY 426.04 billion, a year-on-year increase of 33.54%, driven by improved investment returns in stocks and equity funds [3][12] - The Robot ETF (159530.SZ) reflects the maturity of China's robotics industry and the arrival of a commercialization threshold, with significant advancements in AI technology expanding the commercial boundaries of robots in various sectors such as service, healthcare, and companionship [4][15] - The Tourism ETF (159766.SZ) saw record-breaking data during the Spring Festival, with 596 million domestic trips taken, an increase of 95 million from 2025, and total spending of CNY 803.48 billion, up CNY 126.48 billion year-on-year. This indicates a strong recovery in consumer spending in tourism, positioning it as a key driver for economic growth [5][6][17]

Report Title - Weekly Report on Rebar and Iron Ore Futures [1] - Reporting Period: March 02 - 06, 2026 [2] Rebar Futures 1. Mid - term Market Analysis - The supply and demand of rebar are in a relatively balanced pattern. According to the comprehensive analysis of the Great Wall Futures AI intelligent data quantitative strategy model, the main contract of rebar futures operates in the shock consolidation range of 2882 - 3330. [7] - The weekly production of rebar is 165,000 tons, domestic consumption is 147,000 tons, the inventory of major steel mills is 232,000 tons, and the social inventory is 833,000 tons. The AI intelligent investment consultation variety diagnosis report shows that the main contract of rebar futures is in the sideways consolidation range, and the market capital attention has slightly decreased recently. [7] - During the consolidation stage, the grid trading strategy can be considered. The system strategy suggests an antenna of 3330, a ground line of 2882, a grid spacing of 32, and a grid quantity of 14. [7] 2. Variety Trading Strategy - **Last Week's Strategy Review**: The main contract of rebar futures entered the shock consolidation range. [10] - **This Week's Strategy Suggestion**: According to the Great Wall Futures AI intelligent big data quantitative strategy model, the main contract of rebar futures enters the sideways consolidation range, and the large - grid trading strategy can be considered. [11] - **Suggestion for Spot Enterprises' Hedging**: During the consolidation stage, it is recommended to wait and see until a new round of mid - term trend becomes clear. [12] 3. Relevant Data Situation - **Variety Diagnosis and Selected Indexes**: The table shows information such as the current price, trading volume, and position of the rebar rb2605 contract. The current price is 3067, up 1 (+0.03%), and the position is 1,948,194, down 4,226. [25] Iron Ore Futures 1. Mid - term Market Analysis - According to the comprehensive analysis of the Great Wall Futures AI intelligent data model, the main contract of iron ore futures is in a wide - range shock consolidation range. [32] - **Supply - side Data**: The global shipping volume of iron ore last week was 3.32 million tons, the arrival volume at 45 major ports in China was 2.152 million tons, the inventory of steel enterprises was 9.085 million tons, and the inventory of domestic major ports was 17.091 million tons. The AI intelligent investment consultation variety diagnosis shows that the mid - term trend of iron ore has returned to the shock consolidation range. [32] - **Mid - term Strategy Suggestion**: During the interval consolidation stage, the grid trading strategy can be considered. [32] 2. Variety Trading Strategy - **Last Week's Strategy Review**: The variety diagnosis report of the Great Wall Futures AI intelligent data model shows that the mid - term price of iron ore is in the fifth week of the red ladder channel. [35] - **This Week's Strategy Suggestion**: During the interval consolidation stage, the wide - range grid trading strategy can be considered, with an antenna of 831, a ground line of 691, a style quantity of 14, and a style spacing of 10. [35] 3. Relevant Data Situation - The report mainly mentions that data sources are Wind, Mysteel, and the Great Wall Futures trading consultation department. [38][43][46]

Group 1 - The core viewpoint of the report emphasizes the effectiveness of grid trading strategies, which capitalize on price fluctuations rather than predicting market trends, making them suitable for volatile markets [4][12] - The report identifies key characteristics for suitable grid trading targets, including being exchange-traded, having stable long-term trends, low transaction costs, good liquidity, and high volatility, with equity ETFs being particularly appropriate [4][12] Group 2 - The report highlights three specific ETFs for grid trading strategies: 1. The Hong Kong Stock Connect Consumer 50 ETF (159268.SZ), which shows signs of consumer recovery and potential policy stimulus ahead of the Two Sessions, with transaction data indicating a 37.45% increase in transaction volume during the 2026 Spring Festival compared to 2025 [4][13] 2. The Hong Kong Medical ETF (159366.SZ), benefiting from improved liquidity and a surge in global innovation drug transactions, with over 1,500 billion HKD net purchases from southbound funds in early 2026 [5][16] 3. The Securities and Insurance ETF (512070.SH), which has seen a significant increase in bond issuance by brokerages, with a total of 426.04 billion CNY raised, reflecting a 243.97% year-on-year growth, supported by favorable refinancing policies [6][7][18] Group 3 - The report suggests that investors can enhance their grid trading strategies by diversifying their ETF selections, combining different types or investment ranges to mitigate risks and improve capital efficiency [21]

1. Report Industry Investment Rating - Not provided in the document 2. Core Viewpoints - The supply and demand of rebar are in a relatively balanced pattern, and the main contract of rebar futures is in a shock consolidation range of 2882 - 3330. The main contract of iron ore futures is in a wide - range shock consolidation range [7][32] 3. Summary by Directory Rebar Futures 3.1 Mid - line Market Analysis - The supply and demand of rebar are in a relatively balanced pattern. The main contract of rebar futures runs in the shock consolidation range of 2882 - 3330. The weekly output of rebar is 193 tons, domestic consumption is 1420000 tons, the inventory of major steel mills is 1580000 tons, and the social inventory is 5720000 tons. The market capital attention has slightly decreased recently. In the consolidation stage, a grid trading strategy can be considered, with an antenna of 3330, a ground line of 2882, a grid spacing of 32, and 14 grids [7] 3.2 Variety Trading Strategy - Last week, the main contract of rebar futures entered the shock consolidation range. This week, according to the AI intelligent big - data quantitative strategy model of Great Wall Futures, the main contract of rebar futures enters the sideways consolidation range, and a large - grid trading strategy can be considered. For spot enterprises, it is recommended to wait and see until a new mid - line trend becomes clear [10][11][12] 3.3 Relevant Data Situation - The data sources of this report are Wind, Mysteel, and the trading consultation department of Great Wall Futures [15][21][24] Iron Ore Futures 3.1 Mid - line Market Analysis - According to the comprehensive factor analysis of the AI intelligent data model of Great Wall Futures, the main contract of iron ore futures is in a wide - range shock consolidation range. In terms of supply, the global shipment volume of iron ore last week was 3092000 tons, the arrival volume at 45 major ports in China was 2486000 tons, the inventory of steel enterprises was 1038000 tons, and the inventory at domestic major ports was 17143000 tons. A grid trading strategy can be considered in the consolidation stage [32] 3.2 Variety Trading Strategy - Last week, the mid - line price of iron ore was in the fifth week of the red ladder channel. This week, in the consolidation stage, a wide - range grid trading strategy can be considered, with an antenna of 831, a ground line of 691, 14 styles, and a style spacing of 10 [35] 3.3 Relevant Data Situation - The data sources of this report are Wind, Mysteel, and the trading consultation department of Great Wall Futures [51]