China Hushen 300 index futures close mixed Wednesday

Source: Xinhua| 2018-02-28 16:04:28|Editor: Xiang Bo
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BEIJING, Feb. 28 (Xinhua) -- China's Hushen 300 index futures closed mixed on Wednesday, with the contract for February 2018 up 19.98 percent to finish at 4,750.00 points.

The March 2018 contract gained 0.05 percent to close at 3,950.60 points. The June 2018 contract was down 10.00 percent to finish at 3,545.60 points. The September 2018 contract went down 10.00 percent to finish at 3,546.60 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 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 contracts at 3,399 points.

(This article is generated by Xinhua News Robot.)

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