Off the wire
Market exchange rates in China -- Nov. 12  • Japan's core machinery orders book 1st rise in 4 months, up 7.7 pct. in Sept.  • China's growth could save Australia's commodity market: industry leader  • Tariff removals drive boom in New Zealand exports to China's Taiwan  • Chinese yuan weakens to 6.3628 against USD Thursday  • New Australian "shark camera" could help save lives after recent spate of attacks   • Melbourne to host first UFC event after gov't lifts eight-year cage-fighting ban  • China stresses quality over quantity in future education reform  • Puskas nominee signs with Brazilian second-tier club  • S. Korea holds all-important annual college entrance exam  
You are here:   Home

China Hushen 300 index futures open higher Thursday

Xinhua, November 12, 2015 Adjust font size:

China's key Hushen 300 index futures opened higher on Thursday, with the contract for settlement in November, the most actively traded, up 0.34 percent to open at 3,799.6 points.

The contract for settlement in December gained 1.18 percent to open at 3,748.6 points. The March 2016 contract opened 0.56 percent higher at 3,629.2 points and the June 2016 contract climbed 0.33 percent to open at 3,567.6 points.

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