Off the wire
• Obama defends foreign policy by touting American leadership  • Obama urges quick approval of TPP deal to gain more regional clout  • Chinese shares close lower Wednesday  • Chinese former steel company boss faces graft investigation  • India captain MS Dhoni says his team being punished for shunning review system  • 3rd LD: Shanghai Disney Resort to open in June  • Commentary: Time for EU to grant China market economy status  • Hong Kong to implement New Agriculture Policy  • 2nd LD: DPRK drone returns to north after warning shots from S. Korea  • DPRK scatters anti-S. Korea leaflets after resumed propaganda broadcasts: Seoul media  
You are here: 　 Home

China Hushen 300 index futures close lower Wednesday

Xinhua, January 13, 2016 Adjust font size:

China's Hushen 300 index futures closed lower on Wednesday, with the contract for January 2016 down 1.43 percent to close at 3,152.8 points.

The February 2016 contract lost 1.85 percent to close at 3,080.8 points. The March 2016 contract tumbled 2.51 percent to finish at 3,015.8 points and the June 2016 contract dropped 2.68 percent to end at 2,907.6 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