21 3 21 6-9 5 ETF 3 (8621)6138296 chendong@gjzq.com.cn (8621)6138251 xuwei1@gjzq.com.cn (8621)6138271 zhuli@gjzq.com.cn 969 15A 211 1 此报告仅供国信证券股份有限公司使用 1
21 A [6]... 3... 5... 5... 6... 7 A... 7... 8... 9... 1... 11... 12... 13 A... 13... 14 A... 15... 16... 18... 19 2
21 A [6] 6-9 5 ETF 3 2 3 2 3 55 26 8 5 24 7 45 24 22 6 24 4 25 2 5 25 35 26 18 4 26 3 27 16 3 27 25 28 14 2 28 2 29 12 1 29 15 1 2 3 4 5 6 7 8 9 1 11 12 1 1 2 3 4 5 6 7 8 9 1 11 12 4 3 5 6 5 17 19 7 15 13 11 9 7 5 24 25 26 27 28 29 17 15 13 11 9 7 6 5 4 3 2 1 24 25 26 27 28 29 3 1 2 3 4 5 6 7 8 9 1 11 12 5 1 2 3 4 5 6 7 8 9 1 11 12 3
21 A [6] 6 3 2 7 12 25 12 1 8 24 25 23 21 19 17 1 8 24 25 6 4 2 26 27 28 29 15 13 11 9 7 6 4 2 26 27 28 29 1 2 3 4 5 6 7 8 9 1 11 12 5 1 2 3 4 5 6 7 8 9 1 11 12 8 2 9 1 21 7 9 8 7 6 5 4 3 2 1 24 25 26 27 28 29 19 17 15 13 11 9 7 5 6 5 4 3 2 1 24 25 26 27 28 29 1 2 3 4 5 6 7 8 9 1 11 1 2 3 4 5 6 7 8 9 1 11 12 4
21 A [6] 1 9 1 11 9 8 7 6 5 4 3 2 1 5
21 A [6] 12 13 6
21 A [6] A 1.8% 14 15 7
21 A [6] 16 21 3 19 / 1741.98 1.1 3.45 2.65 3.1 5 1159.9.86 4.68 3.75 4.2 2374.41.29 5.9 5.4 4.64 /TSX 11947.98 -.55 2.69 2.75 1.72 3322.84 1.29 3.9 2.43 2.81 68828.98 -.74 2.45 2.9.35 // 5 2897.95 -.1 4.31-1.62-2.26 1 565.12.43 5.57 6.3 4.38 CAC 4 3925.44 -.5 4.49.69 -.28 DAX 3 5982.43.63 5.17.62.42 IBEX35 199.8 -.78 3.98-7.57-7.95 22687.3.54 4.53-1.28-2.41 AEX 338.65 -.27 4.16 1.86.99 688.76.65 2.89 4.52 5.12 RTS USD 1544.71.65 8.54 9. 6.93 225 1824.72.68 4.8 4.3 2.64 2137.82.76 4.88 1.32-2.29 3 3293.87 1.88 1.87 -.35-7.88 / 2 4872.2 1.12 3.28 3.57.3 2915.7 1.19 5.74 3.25.62 SENSEX3 17578.23 2.4 8.26 5.31.65 2742.97 2.48 6.97 11.16 8.23 1296.6-1.11 2.38 2.87 1.87 397.23.79 2.71 2.69 1.46 KOSPI 1686.11 1.41 3.63 1.85.2 7897.91 1.93 4.47.53-3.54 774.59 5.62 9.75 6.93 5.45 515.99-2.92 1.17 1.91 4.29 17 11 1 9 8 7 6 5 4 8-1 8-6 8-11 9-4 9-9 1-2 S&P5 225 FTSE1 18% 8
21 A [6] 19 1 6 8 5 4 6 3 4 2 2 1 8-3 8-6 8-1 9-1 9-5 9-8 9-11 1-3 2 35 5 3 45 4 25 35 2 3 25 15 2 1 15 5 1 5 8-3 8-6 8-1 9-1 9-5 9-8 9-11 1-3 21 22 3 6 3 3 25 5 25 25 2 4 2 2 15 3 15 15 1 2 1 1 5 1 5 5 8-3 8-6 8-1 9-1 9-5 9-8 9-12 1-3 8-3 8-6 8-1 9-1 9-5 9-8 9-11 1-3 23 24 13 16 12 14 11 1 9 8 7 6 8-3 8-6 8-1 9-1 9-5 9-8 9-11 1-3 12 1 8 6 4 2 8-3 8-6 8-1 9-1 9-5 9-8 9-11 1-3 9
21 A [6] 25 8 7 6 5 4 3 2 8-1 8-4 8-7 8-1 9-1 9-4 9-8 9-1 9-6 9-8 9-1 9-12 1-3 26 5 45 4 35 3 25 2 15 1 5 8-1 8-4 8-7 8-11 9-2 9-6 27 12 11 1 9 8 7 6 5 : : : 4 3 2 8-1 8-7 9-1 9-7 1-1 28 1 9 8 7 6 5 4 3 2 7-7 8-1 8-7 9-1 9-7 1-1 29 3 18 16 14 12 1 8 6 4 2 8-4 8-6 8-8 8-1 8-12 9-2 9-4 9-6 9-8 9-1 9-12 1-2 14 12 1 8 6 4 2 8-1 8-3 8-7 8-1 8-12 9-4 9-7 9-1 1-1 PTA PVC 1
21 A [6] 31 21 3 19 8 LAST_PRICE CHG_PCT_5D CHG_PCT_1M CHG_PCT_3M CHG_PCT_YTD EURUSD 1.35 1.77.61 5.51 5.85 GBPUSD 1.5 1.27 3.6 6.81 7.71 AUDUSD.92 -.2-1.81-3.7-1.93 USDCAD 1.2.2 2.14 4.41 3.53 USDJPY 9.54.2 1.8.7 2.74 USDCHF 1.6 -.33 1.36-1.43-2.46 USDSEK 7.17-1.75.58 1.86 -.19 USDCNY 6.83 -.1.1.3.1 USDINR 45.5 -.11 1.78 2.96 2.26 USDRUB 29.33 -.9 2.34 4.6 2.42 USDBCUS 1.8-2.18.6 -.95-3.17 USDIDR 917.5.48 2.58 4.39 3.25 USDTHB 32.31.71 2.41 2.94 3.28 USDMYR 3.3.11 3.33 4. 3.72 USDPHP 45.54.27 1.63 2.49 1.37 USDVND 1899..49 -.61-2.81-2.69 USDSGD 1.4 -.31.94.55.45 USDKRW 1132.8 -.41 2.45 4.49 2.75 USDTWD 31.74.1 1.9 2..76 ; 32 1% 8.85% 33 8 94 8% 7.8% 8.51% 6% 6.55% 4% 2.97% 1.67% 2%.8% 2.47% %.4% 1.17% 1W 6M 1Y 2Y 3Y 21-3-12 21-3-19 9 86 82 78 74 7 8-1 8-4 8-7 8-1 9-1 9-4 9-7 9-1 1-1 34 7.3 7.3 7.2 7.2 7.1 7.1 7. 7. 6.9 6.9 6.8 8-2 8-5 8-8 8-11 9-2 9-5 9-8 9-11 1-2 35 NDF 11
21 A [6] 36 1 37 1 6 1 6 1 5 5 4 4 3 2 3 1 2 7-1 7-4 7-7 7-1 8-1 8-4 8-7 8-1 9-1 9-4 9-7 9-1 1-1 7-1 7-4 7-7 7-1 8-1 8-4 8-7 8-1 9-1 9-4 9-7 9-1 1-1 38 Libor 3 39 Shibor 3 7 LIBOR3M 5 SHIBOR3M 6 5 4 4 3 3 2 2 1 1 7-1 7-4 7-7 7-1 8-1 8-4 8-7 8-1 9-1 9-4 9-7 9-1 1-1 7-1 7-4 7-7 7-1 8-1 8-4 8-7 8-1 9-1 9-4 9-7 9-1 1-1 4 TED 3 3 41Freddie Mac's 3 5 TED Spread 7. 3 4 6.5 3 6. 2 5.5 1 5. 8-1 8-4 8-7 8-1 9-1 9-4 9-7 9-1 1-1 4.5 6-1 6-7 7-1 7-7 8-1 8-7 9-1 9-7 1-1 12
21 A [6] A A 3PE 25x PB 3x 42 A PE TTM 43 A PB TTM 8 7 6 5 4 3 2 1 7-3 7-6 7-9 7-12 8-3 8-6 8-9 8-12 9-3 9-6 9-9 9-12 1-3 44 45 13
21 A [6] A 46 21 3 19 47 48 A5 22 2 AH 3% 25% A5 18 16 14 12 1 8 6 6-1 6-5 6-9 7-1 7-5 7-9 8-1 8-5 8-9 9-1 9-5 9-9 1-1 2% 15% 1% 5% % -5% -1% -15% -2% 26 27 28 29 21 14
21 A [6] A 49 5 51 2% 15% 1% 5% % -5% -1% -15% -2% 8-3 8-5 8-7 8-9 8-11 9-1 9-3 9-5 9-7 9-9 9-11 1-1 1-3 15
21 A [6] 52 28 4,. 3,. 2,. 1,.. -1,. -2,. -3,. -4,. 8-1 8-2 8-3 8-5 8-6 8-8 8-9 8-1 8-12 9-1 9-3 9-4 9-5 9-7 9-8 9-9 9-11 9-12 1-2 1-3 53 28 % 4.5 3 12 4 3.5 3 2.5 2 1.5 1.5 3-4 4-4 5-4 6-4 7-4 8-4 9-4 54 28 A 55 A 8, 7, 6, 5, 4, 3, 2, 1, 81 82 83 84 ( ) 56 A 4 35 3 25 2 15 1 5 85 86 87 88 89 81 811 812 91 92 93 94 95 96 97 98 99 91 911 912 11 12 13 42% 41% 4% 39% 38% 37% 36% 35% 81 82 83 84 A 27-1-5 27-3-23 27-6-8 27-8-17 27-11-2 28-1-11 28-3-21 28-5-3 28-8-8 28-1-24 28-12-31 29-3-2 29-5-27 29-8-7 29-1-16 29-12-25 21-3-12 [%] /A 57 A 4, 35, 3, 25, 2, 15, 1, 5, 8-1 8-5 () 8-8 8-11 /A 85 86 87 88 89 81 811 812 91 92 93 94 95 96 97 98 99 91 911 912 11 9-2 9-5 9-7 9-1 12 13 1-1 25% 2% 15% 1% 5% % 16
21 A [6] 17 A 58/ %.31.3.25.21.2.2.17.14.13.13.11.9.9.8.8.7.6.6.3.2.2.2.1.1 -.1 -.2 -.2 -.3 -.3 -.3 -.5 -.5 -.5 -.6 -.7 -.7 -.8 -.8 -.8 -.15 -.15 -.18 -.22 -.29 -.42 -.5 -.4 -.3 -.2 -.1..1.2.3.4 59() 19.52 6.82 6.7 5.4 4.52 3.45 2.71 2.37 2.34 2.29 2.24 2.22 2.7 1.86 1.84 1.78 1.68 1.8.8.47.28.17.16.9 -.7 -.18 -.39 -.43 -.44 -.51 -.72 -.76 -.83 -.9 -.96-1.1-1.12-1.16-1.49-1.74-1.91-2.13-2.19-5.49-6.51-1. -5.. 5. 1. 15. 2. 25.
21 A [6] 29 21 6 A 35 3 25 61 29-16.2 6.4 5.5 5.5 3.5 3.5 3.4 3.1.9.7.7.6.5.5.4.4.3.3.2.2.2.. -.1 -.1 -.3 -.4 -.5 -.5 -.5 -.7 -.8 -.8 -.9-1.2-1.2-1.7-1.9-2.2-2.5-2.7-2.7 2 15 1 5 9-3 9-4 9-4 9-5 9-5 9-5 9-6 9-6 9-7 9-7 9-8 9-8 9-9 29 21 18. 28.8-2 -1 1 2 3 62 21-15.4 6.4 3.8 3.8 3.5 3.5 3.3 1.7 1.7 1.7 1.2 1.2 1. 1..9.7.7.5.5.5.4.3.3.3.3.2.2.1. -.2 -.4 -.9 -.9-1.2-1.2-1.5-1.6-2.8-3.1-3.7-6.6-5.4 9-9 9-1 9-1 9-1 9-11 9-11 9-12 9-12 1-1 1-1 1-2 1-2 1-3 1-3 14.1 28.8 33.2-25 -15-5 5 15 25 35 18
21 A [6] 63 7 () 6 5 4 3 2 1 1-3 1-24 2-14 3-7 3-28 4-18 5-9 5-3 6-2 7-11 8-1 8-22 9-12 1-3 1-24 64 19
21 A [6] 2