According to a report cited by ChainCatcher from Jinshi, Nasdaq 100 ETF Dacheng said its secondary market trading price has recently risen notably above the fund’s indicative net asset value, resulting in a relatively large premium. The fund said that on July 31, its closing price stood at RMB 1.72, while the indicative NAV at the close was RMB 1.5907. The announcement added that if the premium has not effectively narrowed by August 3, the fund has the right to apply for measures including a trading halt. It also said the fund is operating normally at present and that there is no undisclosed information that should have been disclosed. Investors were warned to pay close attention to premium risk and make decisions with caution.
ChainCatcher, citing Jinshi, reported that Nasdaq 100 ETF Dacheng said its secondary market trading price has recently been significantly higher than the fund share indicative net asset value, creating a relatively large premium.
The announcement said the fund closed at RMB 1.72 on July 31, while the indicative NAV at the close was RMB 1.5907.
If the premium has not effectively retreated by August 3, the fund has the right to apply for measures including a trading halt. The fund said it is currently operating normally and has no undisclosed information that should have been disclosed. It also reminded investors to pay attention to premium risk and make decisions prudently.
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