Core Insights - The Shanghai Composite Index increased by 0.34%, while the China Bond Short-Term Index reported at 183.88 points [1] Group 1: Index Performance - The China Bond Short-Term Index has risen by 0.03% over the past month, 0.39% over the past three months, and 0.41% year-to-date [2] Group 2: Index Composition - The China Bond Short-Term Index consists entirely of unrated bonds, with a sample made up of government bonds with a remaining maturity of 1-5 years and a listing period of less than 3 years [3] - The index is adjusted monthly, with the effective date for regular adjustments being the first trading day of each month [3]

Core Points - The Shanghai Composite Index decreased by 0.37% [1] - The China Bond Short-Term Treasury Index reported at 183.69 points [1] Group 1: Index Performance - The China Bond Short-Term Treasury Index has increased by 0.39% over the past three months and by 0.31% year-to-date [2] - The index is composed of treasury bonds with a remaining maturity of 1-5 years and those listed for less than 3 years [2] Group 2: Index Composition and Adjustments - The China Bond Short-Term Treasury Index consists entirely of unrated bonds, with a 100% holding in such securities [2] - The index undergoes monthly adjustments, with the effective date being the first trading day of each month [2] - New bonds that meet the criteria are included from the day after their listing, while bonds that are suspended or delisted are removed in the next scheduled adjustment [2]