Off the wire
• Market exchange rates in China -- April 6  • Chinese yuan weakens to 6.4754 against USD Wednesday  • Feature: China's help tackling Vietnam's drought crisis worth more than its weight in gold  • Diluted herb packets being sold to Aussie consumers in "food fraud" claim  • Tokyo stocks open higher as investors buy back shares  • Dollar moves in lower 110 yen range in early trade in Tokyo  • Xinhua world news summary at 0030 GMT, April 6  • Rio's Olympic Park is 98 percent ready  • Rio Olympic golf winners to qualify for 2017 majors  • Dunga to remain Brazil coach, says Selecao official  
You are here: 　 Home

China Hushen 300 index futures open lower Wednesday

Xinhua, April 6, 2016 Adjust font size:

China's Hushen 300 index futures opened lower on Wednesday, with the contract for April 2016 down 0.49 percent to open at 3,227.8 points.

The June 2016 contract declined 0.24 percent to open at 3,139.6 points. The September 2016 contract dropped 0.32 percent to open at 3,015.4 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