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China Hushen 300 index futures close mixed Thursday

Xinhua, December 22, 2016 Adjust font size:

China's Hushen 300 index futures closed mixed on Thursday, with the contract for January 2017 down 0.14 percent to finish at 3,300 points.

The February 2017 contract lost 0.06 percent to close at 3,284 points. The March 2017 contract was down 0.04 percent to finish at 3,261 points. The June 2017 contract closed flat at 3,213.4 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 contracts at 3,399 points. Endi