Off the wire
• China stocks close higher on Thursday  • Foreign exchange rates in Singapore  • Tibetan medicine to go nationwide  • Superheroes' untold stories to be on display in New York  • 1st LD: Coalition airstrike kills 26 at Yemen wedding  • China's ICBC clears 1st RMB transaction in Singapore via new cross-border payment system  • Five crew found dead on fishing boat on east China sea  • Sydney branch first to use new cross-boarder RMB clearing system: Bank of China  • Mexico's 43rd International Cervantino Festival gets underway  • Roundup: Cuba, U.S. must learn from each other: U.S. secretary of commerce  
You are here: 　 Home

China Hushen 300 index futures close higher on Thursday

Xinhua, October 8, 2015 Adjust font size:

China's Hushen 300 index futures closed higher on Thursday, with the contract for October, the most actively traded, up 2.86 percent to close at 3,214.8 points.

The November contract went up 3.16 percent to close at 3,140 points and the December contract gained 3.10 percent to 3,083 points. The March 2016 contract rose 3.07 percent to 3,018 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