Does Singapore A50 stock index futures have a big impact on the stock market?
Singapore A50 stock index futures and the domestic stock market have great linkage, because it is based on the SSE 50 index, and the difference between them lies in the trading time:
The opening time of 1A50 index is 15 minutes earlier than that of Shanghai Stock Exchange, and the opening trend of A50 is of great reference significance to the opening trend of Shanghai Stock Exchange.
The 2A50 index includes night trading: 17:00 to 4:45 the next day. If there is important information in the evening, then A50 will be affected first, and investors can judge the trend of Shanghai stock market accordingly.
The influence of A50 index on different market indexes is different. The relationship between A50 index and SSE 50 index is obviously closer, followed by CSI 300 index, smaller than CSI 500 and GEM. Because it has the closest relationship with the SSE 50 Index, investors will arbitrage the two when their prices deviate greatly.