China stock index futures open higher Friday
China stock index futures open higher Friday
14:03, September 03, 2010

Email | Print | Subscribe | Comments | Forum 
China's stock index futures opened higher Friday with the contract for settlement in September, the most actively traded, adding 51 points to open at 2,933.
The October contract rose 52.2 points to open at 2,944.8, while the December contract opened at 2,976.2, up 50 points from the previous trading.
The contract for settlement in March 2011 went up 46.6 points to open at 3,003.
The stock-index contracts, agreements to buy or sell the Hushen 300 Index at a present value on an agreed date, are designed to allow investors to bet on and profit from both gains and declines in the market.
The index futures was 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 four contracts at 3,399 points.
Source:Xinhua
The October contract rose 52.2 points to open at 2,944.8, while the December contract opened at 2,976.2, up 50 points from the previous trading.
The contract for settlement in March 2011 went up 46.6 points to open at 3,003.
The stock-index contracts, agreements to buy or sell the Hushen 300 Index at a present value on an agreed date, are designed to allow investors to bet on and profit from both gains and declines in the market.
The index futures was 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 four contracts at 3,399 points.
Source:Xinhua
(Editor:黄蓓蓓)

Related Reading

Special Coverage
Major headlines
Tibet poised to embrace even brighter future, 60 years after peaceful liberation
Chinese official calls for more language, culture exchanges with foreign countries
Senior Chinese leader calls for efforts to develop new energy
Central gov't delegation arrives in Lhasa for Tibet Peaceful Liberation Celebrations
China Southern Airlines sends charter flight carrying peacekeepers to Liberia
Editor's Pick


Hot Forum Discussion