STOCKS | Jiashi Crude Oil LOF Suspends Trading on July 24 Amid Premium

Jiashi Crude Oil LOF said its secondary-market trading price has recently been significantly higher than the fund's net asset value, resulting in a large premium. According to Jin10, the fund's secondary-market closing price was 2.436 yuan on July 23, while its net asset value was 2.0052 yuan as of July 21. To protect investor interests, the fund will suspend trading from the market open on July 24 and resume at 10:30, with redemption business continuing as normal during the suspension. If the premium does not fall effectively on that day, the fund may take temporary suspension measures to warn of risk.