Stock index futures, full name of stock price index futures, can also be called stock price index futures and futures index. It refers to the standardized futures contract with the stock price index as the subject matter. Both parties agree that on a specific date in the future, they can buy and sell the underlying index according to the size of the stock price index determined in advance, and then settle the difference in cash after the expiration. As a type of futures trading, stock index futures trading has basically the same characteristics and processes as ordinary commodity futures trading. Stock index futures are a kind of futures, which can be roughly divided into two categories, commodity futures and financial futures.

Hang Seng Index Futures refers to a standardized futures contract with the change index of Hong Kong blue-chip stocks as the subject matter. Hang Seng Index is a widely watched index in Asia. At the same time, it is also widely used as a standard to measure the performance of funds. The Hang Seng Index is calculated by the weighted capital market value method, with a total of 33 constituent stocks. The 33 constituent stocks belong to four sub-indices of industry and commerce, finance, real estate and public utilities respectively, and the total market value accounts for about 70% of the total market value of all listed stocks on the Hong Kong Stock Exchange.

The full name of stock index futures (SPIF) is stock index futures, which can also be called stock index futures and futures index. It refers to the standardized futures contract with the stock price index as the subject matter. The two parties agree to buy and sell the underlying index according to the size of the stock price index determined in advance at a future date, and settle the difference in cash after the expiration. As a type of futures trading, stock index futures trading has basically the same characteristics and processes as ordinary commodity futures trading. Stock index futures are a kind of futures, which can be roughly divided into two categories, commodity futures and financial futures.

Hang Seng Index Futures refers to a standardized futures contract with the change index of Hong Kong blue-chip stocks as the subject matter. Hang Seng Index is a widely watched index in Asia. At the same time, it is also widely used as a standard to measure the performance of funds. The Hang Seng Index is calculated by the weighted capital market value method, with a total of 33 constituent stocks. The 33 constituent stocks belong to four sub-indices of industry and commerce, finance, real estate and public utilities respectively, and the total market value accounts for about 70% of the total market value of all listed stocks on the Hong Kong Stock Exchange.