These days this stock index future is a hot topic in Chinese market. You can read lots of discussion on the web. The concensus is the index will need some sort of adjustment before the debut of index futures. Because most people feel the Shanghai Composite Index is too high (almost 3400 as of today), and “drop before debut of index future” is a trend proved in Hongkong, etc. Don’t ask me what I think of all this. All I can tell you is the stock market here is crazy here: I hear people talking about stocks from parks to work places. Here is just another sign I saw: an advertisement @ the metro people square station, the Chinese words translated “welcome index futures, and invest wisely”.
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