CME launches China index futures, HK readies China H-Financials Index futures



The Chicago Mercantile Exchange (CME) is launching an e-mini contract, the FTSE/Xinhua China 25 futures contract, aimed at attracting interest from a wide range of investors. The launch may be aided by the volatility in Chinese shares during the past month, say exchange executives.

The contract, due for launch on May 20, will be based on the FTSE/Xinhua Index of 25 companies listed on the Hong Kong Stock Exchange. These are either 'H-share' companies (formerly 100% Chinese state-owned enterprises

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