Off the wire
• Economic, security challenges await Turkey's new gov't  • China adopts revised Seed Law  • Chinese shares soar on Wednesday  • NBA standings  • China's legislature ratifies AIIB agreement  • Aussie dollar trading above 72 U.S. cents  • Tokyo shares end higher on upbeat Japan Post IPO  • Report says 54,000 Portuguese diagnosed with diabetes in 2014  • NBA results  • Juilliard School brings new musical environment to China  
You are here: 　 Home

China Hushen 300 index futures close higher Wednesday

Xinhua, November 4, 2015 Adjust font size:

China's Hushen 300 index futures surged on Wednesday, with the contract for November, the most actively traded, up 6.18 percent to close at 3,591.2 points.

The December contract gained 6.2 percent to close at 3,492 points and the March 2016 contract soared 5.67 percent to end at 3,342.2 points. The June 2016 contract jumped 6.36 percent to 3,282 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