Off the wire
• Chinese yuan weakens to 6.1165 against USD Tuesday  • Myanmar navy rescues 102 more "boat people"  • Market exchange rates in China -- July 14  • Xinhua world news summary at 0030 GMT, July 14  • Singapore's GDP moderated further in Q2  • S. Korea reports no MERS infection for 9 days  • Canada to train astronauts for International Space Station using simulation software  • Dollar trades in mid-123 yen range in early Tokyo deals  • Commentary: Beijing 2022 will honor its promise  • (Sport) Australian tennis star Bernard Tomic in legal battle with Tennis Australia  
You are here: 　 Home

China Hushen 300 index futures open lower Tuesday

Xinhua, July 14, 2015 Adjust font size:

China's key Hushen 300 index futures opened lower on Tuesday, with the contract for settlement in July, the most actively traded, down 1.15 percent at 4,100.

The contract for settlement in August opened 1.52 percent lower at 4,037.8. The September contract opened 1.66 percent down at 4,030 points. The December contract opened 0.94 percent lower at 4,047.

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