Off the wire
• Chinese yuan strengthens to 6.4961 against USD Thursday  • Chinese shares open higher Thursday  • Colleague of slain Honduran activist shot dead  • Water scarcity raises risks to energy supplies: WEC report  • American boxers conclude quarterfinal qualifying fights for Rio Olympics  • U.S. urges DPRK to release student sentenced to hard labor  • Climate change policies important to Aussie voters ahead of election: poll  • Aust'n PM urged to build high-speed rail link between Sydney, Melbourne  • Aussie opens new business to let people give vent to stress, sorrow by smashing things  • Tokyo shares open higher on Fed's rates decision  
You are here: 　 Home

China Hushen 300 index futures open higher Thursday

Xinhua, March 17, 2016 Adjust font size:

China's key Hushen 300 index futures opened higher on Thursday, as the contract for settlement in March 2016 opened 0.98 percent higher at 3099 points.

The April 2016 contract opened 0.4 percent higher at 3010 points. The June 2016 contract opened 0.63 percent higher at 2,909 points. The September 2016 contract opened 0.62 percent higher at 2,754 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