What does A50 FTSE China Futures Index mean?
A50 Index is an index composed of the top 50 qualified companies selected from the A-share market according to the compilation rules of Xinhua FTSE A-share index. The A50 index is listed on the Singapore National Exchange, and there are also stock index futures based on the A50 index for investors to trade.
The A50 index accounts for more than 30% of the circulating market value of the A-share market, which is very representative of the whole A-share market. The Shanghai Stock Exchange also has the SSE 50 Index. These two indicators are highly similar and highly correlated. Of course, there are some differences, mainly as follows:
The sample sources of 1 index are different: A50 selects constituent stocks from the whole A-share market to compile the index, while SSE 50 only selects constituent stocks from Shanghai Stock Exchange to compile the index.
2 Different trading hours: the trading hours of SSE 50 stock index futures are 9: 30am-1:30am and13: 00pm-15: 00pm; The trading hours of A50 stock index futures are 9: 00- 16: 30, 17: 00-5: 15 the next day.
That's all about the A50 FTSE China Futures Index. I hope it helps you.