China Hushen 300 index futures open mixed Tuesday

0 Comment(s)Print E-mail Xinhua, October 15, 2019
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BEIJING, Oct. 15 (Xinhua) -- China's Hushen 300 index futures opened mixed on Tuesday, with the contract for settlement in October 2019 opening 0.08 percent lower at 3,943 points.

The November 2019 contract opened 0.09 percent lower at 3,943.4 points. The December 2019 contract opened 0.05 percent lower at 3,944 points. The March 2020 contract opened 0.05 percent higher at 3,947 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. Enditem

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