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China Hushen 300 index futures open mixed Thursday

Xinhua, June 23, 2016 Adjust font size:

China's Hushen 300 index futures opened mixed on Thursday, with the contract for settlement in June up 0.42 percent to open at 3,099.8 points.

The July contract opened 0.22 percent higher at 3,076 points. The September contract opened 0.11 percent higher at 3,000 points. The December contract opened 0.01 percent lower at 2,933.2 points.

The stock-index contracts, agreements to buy or sell the blue-chip 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. Enditem.

(This article is generated by Xinhua News Robo