China Hushen 300 index futures open higher Tuesday

Source: Xinhua | 2018-07-24

China's Hushen 300 index futures opened higher on Tuesday, as the contract for settlement in August 2018 opened 0.3 percent higher at 3,520.2 points.

The September 2018 contract opened 0.45 percent higher at 3,505 points. The December 2018 contract opened 0.51 percent higher at 3,479.8 points. The March 2019 contract opened 0.6 percent higher at 3,469.8 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.