Market Performance - The three major indices closed in the green, with both the Shanghai and Shenzhen indices reaching new annual closing highs[1] - The Shanghai Composite Index rose by 0.34% to close at 3647.55 points, while the Shenzhen Component Index increased by 1.46% to 11291.43 points[1] - The ChiNext Index saw a significant gain of 1.96%, closing at 2379.82 points[1] - Total trading volume exceeded 1.8 trillion yuan, indicating strong market activity[1] Sector Performance - The majority of the Shenwan I-level industries experienced gains, with the top performers being Electric Equipment (+2.04%), Communication (+1.95%), and Computer (+1.94%)[7] - Conversely, the banking sector declined by 1.01%, and both Oil & Petrochemicals and Coal sectors saw minor decreases of 0.41% and 0.35%, respectively[7] Market Breadth - A total of 4,188 stocks advanced, representing 75.88% of the market, while 1,068 stocks declined[5] - The market saw 85 stocks hit the daily limit up, while 12 stocks hit the limit down[5] Economic Indicators - The Consumer Price Index (CPI) remained flat year-on-year in July, while the Producer Price Index (PPI) decreased by 3.6%[2]

Report Summary 1. Report Industry Investment Rating - The overall investment rating for index futures is "possibly fluctuating with a slight upward bias" [1] 2. Core View - On August 9, the current - month contracts of the four major index futures showed mixed performance. IF decreased by 0.22%, IH decreased by 0.42%, IC increased by 0.02%, and IM decreased by 0.23%. On the current trading day, the total trading volume of index futures declined, indicating a decrease in investors' trading enthusiasm. The total trading volume and positions of IF, IH, IC, and IM all decreased [1][2] 3. Summary by Related Content 3.1 Index Futures Data Tracking - **IF Series**: The closing prices of different contracts decreased, with the largest decline of 0.33% in IF2603. The trading volume and positions of most contracts decreased, such as IF2508's trading volume decreasing by 3525 lots and positions decreasing by 2294 lots [1] - **IH Series**: The closing prices of different contracts decreased, with the largest decline of 0.46% in IH2603. The trading volume and positions of most contracts decreased, such as IH2508's trading volume decreasing by 666 lots and positions decreasing by 223 lots [1] - **IC Series**: The closing prices of different contracts showed mixed trends, with IC2508 and IC2509 increasing slightly. The trading volume and positions of most contracts decreased, such as IC2508's trading volume decreasing by 3482 lots and positions decreasing by 3410 lots [1] - **IM Series**: The closing prices of different contracts decreased, with the largest decline of 0.27% in IM2512. The trading volume of most contracts decreased, while the positions of IM2509 increased by 67122 lots [1] 3.2 Trading and Position Changes - In terms of trading volume, IF decreased by 18105 lots, IH decreased by 9004 lots, IC decreased by 18301 lots, and IM decreased by 37903 lots. In terms of positions, IF decreased by 9906 lots, IH decreased by 3451 lots, IC decreased by 8103 lots, and IM decreased by 11229 lots [2] 3.3 Top 20 Member Position Changes - For most contracts, both long and short positions decreased. For example, in IF2508, long positions decreased by 1815 lots and short positions decreased by 1940 lots [5] 3.4 Trend Intensity - The trend intensity of IF and IH is 1, and the trend intensity of IC and IM is also 1, indicating a neutral - to - slightly - positive trend [6] 3.5 Important Drivers - President Xi Jinping had a phone call with Russian President Putin, expressing China's welcome for Russia - US dialogue on the Ukraine issue. Xinhua News Agency decoded how to understand "enhancing the attractiveness and inclusiveness of the domestic capital market", stating that there will be no large - scale IPO expansion. The three major A - share indices showed narrow - range fluctuations, with some sectors such as Xinjiang infrastructure stocks rising and some sectors such as AI intelligent agent concepts falling [7]