Off the wire
• 1st LD Writethru: 1 killed, 11 injured in building collapse in Indian capital  • Chinese shares close higher Wednesday  • Fuzhou Open results of FIVB Beach Volleyball World Tour  • Ecuador inaugurates Chinese-built dam  • 1st LD Writethru: Three killed in eastern Afghan explosions  • Backgrounder: Hong Kong universal suffrage package  • Iranian president says military intervention worsens situation in Syria, Yemen  • 2nd LD: HK reveals universal suffrage package for 2017 leader election  • Feature: Remembering man's best friends  • Feature: Chinese visas to Shanghai save thousands of Jews in Austria before WWII  
You are here: 　 Home

China Hushen 300 index futures close higher Wednesday

Xinhua, April 22, 2015 Adjust font size:

China's key Hushen 300 index futures ended higher on Wednesday, with the contract for May, the most actively traded, up 3.33 percent to close at 4,761 points.

The June contract gained 3.43 percent to end at 4,773.6 points. The September contract advanced 3.32 percent to finish at 4,770 points. The December contract increased 3.68 percent to 4,825 points.

The stock-index contracts, agreements to buy or sell the Hushen 300 Index at a preset 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 was launched at the China Financial Futures Exchange (CFFEX) and started trading from April 16, 2010. The CFFEX has set the base value for all the four contracts at 3,399 points. Endi