China Hushen 300 index futures close mixed Monday

Source: Xinhua| 2017-05-22 15:49:42|Editor: Mengjie
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BEIJING, May 22 (Xinhua) -- China's Hushen 300 index futures closed mixed on Monday, with the contract for June 2017 up 0.08 percent to finish at 3,382.2 points.

The July 2017 contract fell 0.87 percent to close at 3,350 points. The September 2017 contract went down 0.11 percent to finish at 3,313.2 points. The December 2017 contract shed 0.23 percent to finish at 3,279.4 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.

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