The Southern Crude Oil LOF will start trading on April 21st and will be suspended until 10:30 on the same day.
Southern Fund Management Co., Ltd. announced on April 20th that recently, the secondary market trading price of Class A units of the Southern Crude Oil Securities Investment Fund under Southern Fund Management Co., Ltd. fluctuated significantly. Investors are advised to closely monitor the net asset value of the fund units. On April 16, 2026, the net asset value of the fund units was 1.7340 yuan. On April 20, 2026, the closing price of the fund in the secondary market was 2.135 yuan, significantly higher than the net asset value on April 16, 2026.
Investors are reminded to pay attention to the risk of premium in secondary market trading prices. If investors blindly invest in fund units with high premium rates, they may incur significant losses. In order to protect the interests of investors, the fund will be suspended from trading starting from the market opening on April 21, 2026, until 10:30 on the same day, and will resume trading at 10:30 on April 21, 2026. If the premium level of the secondary market trading price does not effectively fall back afterwards, the fund reserves the right to apply for temporary trading suspension, extend suspension time, or implement continuous suspension measures to warn the market of risks by notifying the Shanghai Stock Exchange at that time. Please refer to the official announcement for specific details.
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