China's Hushen 300 index futures opened higher on Friday, with the contract for settlement in October 2018 opening 0.35 percent higher at 3,428 points.
The November 2018 contract opened 0.26 percent higher at 3,421 points. The December 2018 contract opened 0.12 percent higher at 3,419 points. The March 2019 contract opened 0.49 percent higher at 3,425 points.
The stock-index contracts, agreements to buy or sell the blue-chip 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 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 November 2018 contract opened 0.26 percent higher at 3,421 points. The December 2018 contract opened 0.12 percent higher at 3,419 points. The March 2019 contract opened 0.49 percent higher at 3,425 points.
The stock-index contracts, agreements to buy or sell the blue-chip 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 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.
Latest comments