Off the wire
• Urgent: BRICS New Development Bank starts business  • Market exchange rates in China -- July 21  • Chinese yuan weakens to 6.1199 against USD Tuesday  • Commentary: Mitsubishi Materials' apology to forced laborers should not be selective  • Tokyo stocks open modestly higher on weaker yen, ahead of earnings  • Canada reaches air transport agreements with Nigeria, Mali, Oman  • RPT: Shooting rampage leaves 34 people dead in Brazilian city of Manaus  • New Zealand calls for good faith on all sides in Iran nuclear deal  • Dollar trades in lower 124 yen range in early Tokyo deals  • Melbourne airport's 24-hour operation at risk from encroaching suburbia: expert  
You are here: 　 Home

China Hushen 300 index futures open lower Tuesday

Xinhua, July 21, 2015 Adjust font size:

China's key Hushen 300 index futures opened lower on Tuesday, with the contract for settlement in August, the most actively traded, down 0.62 percent at 3,904.

The contract for settlement in September opened 0.32 percent lower at 3,881. The December contract opened 0.22 percent lower at 3,839 points. The March 2016 contract saw no trading at opening.

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