What is the relationship between the rise and fall of the stock market and the new stock index futures? Is stock index futures watching the stock market go? What stocks do stock index futures refer to? Yes, the current stock index futures refer to the Shanghai and Shenzhen 300 Index. From the essence of futures, the intrinsic value of futures is to standardize the conversion of Shanghai and Shenzhen 300 index. Therefore, the valuation of stock index futures must be constantly changing according to the spot index. In addition, the external value of futures, that is, the investment value, depends on market transactions, and the price influence mechanism is fundamentally the relationship between supply and demand. If the long contract delivered in the market is larger than the short contract, the valuation of futures will definitely rise.

The reason why futures lead the spot stock market is that futures investment is too speculative now, and people don't know much about the valuation and calculation of stock indexes.