Off the wire
Chinese shares open lower Monday  • New Australian PM defends bold Cabinet reshuffle  • Immigration staff again on strike at Australian airports  • Market exchange rates in China -- Sept. 21  • Australian share market falls  • Spanish La Liga standings  • Chinese yuan weakens to 6.3676 against USD Monday  • Spanish La Liga leading scorers  • Thailand wins 2015 Asian Women's Club Volleyball Championship  • Messi at the double as Barca defeat Levante to remain top in Spain  
You are here:   Home

China Hushen 300 index futures open lower Monday

Xinhua, September 21, 2015 Adjust font size:

China's key Hushen 300 index futures opened lower on Monday, with the contract for settlement in October, the most actively traded, down 0.03 percent at 3,107.4.

The contract for settlement in November opened 1.58 percent lower at 3,089.8. The December contract opened lower at 2,954.8. The March 2016 contract opened lower at 2,883.

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