Index Trends - On January 7th, the Shanghai Composite Index rose 0.05% to close at 4085.77 points, with a trading volume of 1197.423 billion yuan; the Shenzhen Component Index rose 0.06% to close at 14030.56 points, with a trading volume of 1656.718 billion yuan [1] - The CSI 1000 Index rose 0.53% with a trading volume of 617.917 billion yuan; the CSI 500 Index rose 0.78% with a trading volume of 582.741 billion yuan; the SSE 50 Index fell 0.43% with a trading volume of 169.307 billion yuan; the SSE 300 Index fell 0.29% with a trading volume of 664.898 billion yuan [1] Impact of Sector Movements on Indexes - The CSI 1000 rose 41.52 points compared to the previous close, with electronics, power equipment, and pharmaceuticals significantly pulling the index up, while the computer sector pulled it down [3] - The CSI 500 rose 60.94 points, with electronics, power equipment, and non - ferrous metals significantly pulling the index up [3] - The SSE 300 fell 14.02 points, with the communication sector pulling the index up and computer, bank, and non - bank finance sectors pulling it down [3] - The SSE 50 fell 13.64 points, with electronics and pharmaceuticals pulling the index up and petroleum & petrochemicals, non - bank finance, and banks pulling it down [3] Futures Basis and Annualized Opening Costs - For the CSI 1000 futures, IM00 had an average daily basis of - 14.37, IM01 of - 79.08, IM02 of - 138.58, and IM03 of - 363.84 [12] - For the CSI 500 futures, IC00 had an average daily basis of 1.57, IC01 of - 35.97, IC02 of - 62.9, and IC03 of - 236.62 [12] - For the SSE 300 futures, IF00 had an average daily basis of - 0.44, IF01 of - 11.71, IF02 of - 18.75, and IF03 of - 63.84 [12] - For the SSE 50 futures, IH00 had an average daily basis of - 1.17, IH01 of - 1.86, IH02 of - 1.01, and IH03 of - 10.37 [12]