Off the wire
• (Sports Focus) Yearender: Chinese swimming power strengthened  • Feature: First Chinese restaurant in Gaza serves customers with chopsticks  • Confucian classics project to publish edition by 2018  • Law amendment draft strengthens bilingual teaching among ethnic minorities  • Chinese shares close mixed Monday  • S.Korea names new deputy prime ministers for economic, social affairs  • 1st Ld Writethru-China Focus: Chinese lawmakers consider registration-based stock listing  • Lao stock market closes 0.04 pct higher  • Spotlight: L. America first to feel chills in Fed rate hike  • Mexico seeks agricultural cooperation opportunities with China  
You are here: 　 Home

China Hushen 300 index futures close higher Monday

Xinhua, December 21, 2015 Adjust font size:

China's Hushen 300 index futures closed higher on Monday, with the contract for January 2016 up 2.7 percent to close at 3,800.2 points.

The March 2016 contract gained 3.19 percent to finish at 3,704.4 points and the June 2016 contract rose 3.14 percent to end at 3,576 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