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China Hushen 300 index futures open mixed Tuesday

Xinhua, February 7, 2017 Adjust font size:

China's Hushen 300 index futures opened mixed on Tuesday, as the contract for settlement in February opened 0.09 percent higher at 3,354.6 points.

The March contract opened 0.16 percent higher at 3,342.4. The June contract opened 0.02 percent lower at 3,296.6, while the September contract edged up 0.1 percent to open at 3,255.4.

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. Endi