Off the wire
• Mayweather stripped of WBO title for not paying sanctioning fee  • Across China: Xinjiang civil servants boost rural development  • Chinese shares close lower Tuesday  • Tokyo stocks rebound despite concerns over Greece  • China sees more exports, investment along Belt and Road  • Interview: Ignoring history cannot improve future: ex-Japanese envoy to China  • Taiwan stocks close 0.06 pct lower  • Australian live cattle exports set new record  • India's Mahindra Group, British firm to jointly produce underwater warfare equipment for Navy  • Xinhua China news advisory -- July 7  
You are here: 　 Home

China Hushen 300 index futures close lower Tuesday

Xinhua, July 7, 2015 Adjust font size:

China's key Hushen 300 index futures ended lower on Tuesday, with the contract for July, the most actively traded, down 7.42 percent to close at 3,696.8 points.

The August contract plunged 9.07 percent to end at 3,619.2 points. The September contract sank 9.45 percent to finish at 3,610.6 points. The December contract dived 9.06 percent to 3,649.4 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