Off the wire
• Japanese minister visits notorious shrine despite neighbors' concern  • Stolen radioactive materials recovered in E. Mexico  • China stocks open higher Thursday  • Brazil's Petrobras reports 7.2 bln USD losses in 2014  • Chinese yuan strengthens to 6.1281 against USD Thursday  • Hong Kong stocks open higher  • Gold price opens lower in Hong Kong  • Market exchange rates in China -- April 23  • Clean-up begins around Sydney as super storm weakens  • S.Korea cuts city gas prices by 10.3 pct amid cheap oil prices  
You are here: 　 Home

China Hushen 300 index futures open higher Thursday

Xinhua, April 23, 2015 Adjust font size:

China's key Hushen 300 index futures opened higher on Thursday, with the contract for settlement in May, the most actively traded, gained 0.38 percent to open at 4,762.4.

The contract for settlement in June opened 0.52 percent higher at 4,780. The September contract opened 0.76 percent higher at 4,789.6. The December 2015 contract opened 0.24 percent higher at 4,836.4 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