Off the wire
• China stocks open higher  • Interview: Bandung Spirit remains vibrant in 21st century: British expert  • Hong Kong stocks open lower  • Gold price opens higher in Hong Kong  • Australian experts say wild, wet weather typical Sydney trend  • Chinese yuan weakens to 6.129 against USD Wednesday  • Myanmar captures five ethnic armed group members in fighting  • Market exchange rates in China -- April 22  • Nikkei opens higher in early trading on robust Japan trade data  • Xinhua world news summary at 0030 GMT, April 22  
You are here: 　 Home

China Hushen 300 index futures open higher Wednesday

Xinhua, April 22, 2015 Adjust font size:

China's key Hushen 300 index futures opened higher on Wednesday, with the contract for settlement in May, the most actively traded, gained 0.51 percent to open at 4,631.

The contract for settlement in June opened 0.78 percent higher at 4,651.2. The September contract opened 0.72 percent higher at 4,650. The December 2015 contract opened 0.99 percent higher at 4,699.6 points.

The stock-index contracts, agreements to buy or sell the Hushen 300 Index at a present value on an agreed date, are designed to allow investors to bet on and profit from either gains or declines in the market.

The index futures were launched at the China Financial Futures Exchange and started trading from April 16, 2010. The CFFEX has set the base value for all the four contracts at 3,399 points.

The Hushen 300 Index samples about a fifth of the total stocks listed on the Shanghai and Shenzhen bourses. Endi