The full name of FTSE A50 Index is FTSE China A50 Index CFD, CHA50CFD. Is a real-time tradable index, the official code of the index: XIN9, RIC code: FTXIN9. The FTSE A50 Index consists of 50 companies with the highest total market value of A shares in China, and the total market value of these 50 companies accounts for nearly 33% of the total market value of A shares; The FTSE A50 index is also the only index that international investment institutions can directly invest overseas with China stocks as the target. Therefore, many international investors regard it as the most representative index of China A-share market and an accurate indicator to measure China market.
Importance of A50 index
First of all, the main investors of A50 futures are international investors. Their information sources are more rigorous and they can judge the trend more accurately.
Secondly, A50 index is an accurate indicator of the trend of China stock market, and the trend has a high degree of convergence and consistency with the A-share market.
Most importantly, due to the trading time of A50 index futures, it is of great guiding significance to the A-share market. SGX FTSE China A50 index futures can be traded on all trading days in China, which can provide investors with trading time of nearly 20 hours. Therefore, as an overseas futures mainly attended by international investors, A50 futures opened earlier than A shares in the morning, while A50 futures were still trading in the afternoon and evening when A shares were closed. Many important news affecting the market were announced after the closing of A shares. Therefore, paying attention to the trend of A50 futures can predict and judge the trend of A shares in advance. Even when there are major news such as interest rate cuts and RRR cuts, A50 futures often change in advance, which reflects the guiding significance of FTSE A50 to A shares.