Markets > Futures

China Hushen 300 index futures close mixed Thursday

Xinhua News,BEIJING
2020-07-23 15:31

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BEIJING, July 23 (Xinhua) -- China's Hushen 300 index futures closed mixed on Thursday, with the contract for August 2020 down 0.04 percent to finish at 4,688.6 points.

The September 2020 contract closed flat at 4,664 points. The December 2020 contract closed flat at 4,626.39 points. The March 2021 contract went down 0.03 percent to finish at 4,604.39 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 were 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.

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