Markets > Futures

China Hushen 300 index futures open mixed Wednesday

Xinhua News,BEIJING
2020-07-08 10:10

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BEIJING, July 8 (Xinhua) -- China's Hushen 300 index futures opened mixed on Wednesday, with the contract for settlement in July 2020 no trading at 4,741 points.

The August 2020 contract opened 0.36 percent lower at 4,714.4 points. The September 2020 contract opened 0.66 percent lower at 4,700 points. The December 2020 contract opened 0.03 percent higher at 4,723.8 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.
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