CS1300 index futures.

Contrary to speculation, the mainland's much-awaited first stock index futures trading on China Financial Futures Exchange in Shanghai is likely to be launched in January rather than sometime this year after the Beijing Olympics, according to a highly placed source in China International Capital Co (CICC), a major domestic investment bank.
The launch date of the CSI300 index futures is most likely to be the third Friday of January. The target date will be released this November or December, one or two months ahead of the launch.
"It's possible to launch index futures anytime after the Olympics," Li Kebin managing director of the financial futures department at Jinrui Futures Co. said. "After more than two years of preparation by both the exchange and futures companies and about two years of mock trading, there's no need for further delays."
The CICC source also said the introduction of hog futures may face problems of delivery difficulties because there are too few large-scale hog farms in China that can meet a delivery on demand.
HuYuyue, head of securities and futures institute of Beijing Technology and Business University said hog futures contracts may "serve more as a price barometer for breeders and food processors", helping stabilize wide swings in pork prices and push forward the process of restructuring China's hog industry.
Tracking the Dow on Friday,25/07/08

9:30am--A near 30.0 points spike up. The Commerce Department reported that orders sent to factories for big-ticket manufactured goods such as cars, appliances and machinery rose by 0.8 percent in June, the strongest gain in four months and well ahead of Wall Street's expectations.10:30am--Shooting Star.New home sales dropped by a smaller-than-expected 0.6 percent. While it marked the seventh decline in the past eight months, it stirred some hope that the housing market could be finding a bottom.11:30am--Hammer the bottom.Many financial stocks fell again as investors worried about the health of their balance sheets given the weakness in the housing sector.12:30pm--Spinning doji morning star.Double Bottom.Juniper Networks, the maker of networking equipment, reported a 40 percent increase in earnings for the second quarter, helped by a new product line. The stock surged $4, or 18 percent, to $26.57.1:30pm--Hangman.Fannie Mae and Freddie Mac declined after credit ratings agency Standard & Poor's put the risk-to-government, subordinated debt and preferred stock ratings of the government-chartered mortgage companies on watch for possible downgrade. 2:30pm--Technical Rebound.Candle pattern is now a small white body with longer upper shadow and shorter bottom shadow.3:30pm--Morning star.After earlier 2 attempts to test the MAV,another rebound starts here.4:00pm--Failed to touch MAV.A spinning doji,continuation of market push.Whether or not any bubble has burst, Americans now live in an economy where the prospect of a gallon of gas for less than $4 is cause for relief.
That barrier may be broken as early as this weekend, as a two-week nosedive in crude prices begins to ripple out to gas stations nationwide.
The national average for a gallon of regular pulled back to just above $4 a gallon and oil tumbled to its lowest point in weeks Friday on the belief that prices have yet to reflect just how badly demand has deteriorated in the United States, the world's thirstiest oil consumer.The Dow is just near to the MAV of the 52 weeks chart.It's heading North very soon.