Off the wire
• Colombian president urges FARC to abide by ceasefire for peace deal  • 1st LD: China stocks rise 3.44 pct  • Tiger cub born in captivity hailed as win for conservation  • Roundup: LG Electronics' Q2 profit tumbles 60 pct on weak global demand  • China conficates 20 bln yuan in graft cases  • Breakthrough in Australian 35-year-old assassination mystery  • French FM visits Iran for bilateral, regional talks  • Roundup: Grim figures from Syria show urgent need for political solution: UN official  • Peru's president highlights success in fight against drug-trafficking  • Interview: Argentine VP eyes peaceful S Atlantic, appreciates China's support  
You are here: 　 Home

China Hushen 300 index futures rise Wednesday

Xinhua, July 29, 2015 Adjust font size:

China's key Hushen 300 index futures rose on Wednesday, with the contract for August, the most actively traded, up 3.76 percent to close at 3,821.4 points.

The September contract climbed 3.87 percent to close at 3,762 points. The December contract expanded 3.88 percent to close at 3719.8 points. The March 2016 contract rose 4.25 percent to 3,739 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