Thursday, June 28, 2007

China Prepares Stock-Index Futures to Help Investors Hedge Financial Risks

(Bloomberg) -- China published rules for stock-index
futures, paving the way toward financial products that will let
investors hedge risk in a market that's almost doubled this year.

The China Financial Futures Exchange said investors are
required to put up 10 percent of a contract's value to buy, sell
or short-sell CSI 300 Index-based futures, according to rules on
the exchange's Web site. No date was given for when the products
will start trading.


Read more at Bloomberg Stocks News

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