Off the wire
• Chinese yuan strengthens to 6.4591 against USD Wednesday  • Market exchange rates in China -- April 13  • New guidelines introduced to protect Australia from improvised explosive devices  • Victoria becomes first Australian state to legalize medicinal cannabis  • 1st LD Writethru: 18 killed, 14 injured in bus-truck collision in East Pakistan  • Asia helps drive surge in New Zealand screen industry  • Urgent: 18 killed, 14 injured in east Punjab traffic accident  • Japan's wholesale prices decline in March for 12th straight month  • Singaporeans caught in New Zealand police drugs probe  • Aussie investigative TV news crew faces kidnapping charges in Lebanon  
You are here: 　 Home

China Hushen 300 index futures open higher Wednesday

Xinhua, April 13, 2016 Adjust font size:

China's key Hushen 300 index futures opened higher Wednesday, as the contract for settlement in April 2016 opened 1.67 percent higher at 3,245 points.

The May 2016 contract opened 1.7 percent higher at 3,237 points. The June 2016 contract opened 1.9 percent higher at 3,146.2 points. The September 2016 contract opened 1.96 percent higher at 3,029.2 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