China Hushen 300 index futures close mixed Tuesday

China's key Hushen 300 index futures ended mixed on Tuesday, with the contract for August, the most actively traded, up 0.11 percent to close at 3,969 points.

The September contract also gained 0.17 percent to end at 3,900.2 points. The December contract lost 0.15 percent to finish at 3,841.6 points. The March 2016 contract went up 0.22 percent to 3,857 points.

The stock-index contracts, agreements to buy or sell the Hushen 300 Index at a preset value on an agreed date, are designed to allow investors to bet on and profit from either gains or declines in the market.

The index futures was launched at the China Financial Futures Exchange (CFFEX) and started trading from April 16, 2010. The CFFEX has set the base value for all the four contracts at 3,399 points.