Off the wire
• Chinese shares close sharply lower Tuesday  • China's largest inland saltwater lake expands for 10 consecutive years  • 26 militants killed in fresh operations in Afghanistan  • 1st LD: Chinese shares plunge 4 pct in afternoon trading  • Death toll from Nepal quake soars to 7,557  • Solar plane's Pacific crossing rescheduled  • Chinese shares plunge 3 pct in afternoon trading  • Spotlight: China's contributions to WWII indelible -- experts  • Official Australian interest rates cut  • Indonesia's economy grows slower at 4.71 pct in Q1  
You are here: 　 Home

China Hushen 300 index futures close lower Tuesday

Xinhua, May 5, 2015 Adjust font size:

China's key Hushen 300 index futures ended lower on Tuesday, with the contract for May, the most actively traded, down 2.99 percent to close at 4,618 points.

The June contract lost 3.21 percent to end at 4,611.8 points. The September contract dropped 3.24 percent to finish at 4,608 points. The December contract went down 3.29 percent to end at 4,648 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