Soybean Meal ETF: Warning of risks of secondary market trading price premiums
The announcement of the soybean meal ETF stated that recently the secondary market trading price of the fund was significantly higher than the net asset value of the fund units, resulting in a large premium. If the premium does not effectively decrease on March 19, the fund has the right to apply to the Shenzhen Stock Exchange for temporary trading suspension during market hours or to extend the suspension period. Investors in secondary market trading not only face the risk of changes in the net asset value of the fund units, but are also affected by market supply and demand factors. Currently, the fund is operating normally and there is no undisclosed material information that should be disclosed.
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