Nasdaq Technology ETFs Shenzhen: Secondary market prices will return after a suspension on July 20th with a 7% premium.
The NASDAQ Technology ETF managed by Shanghai Fosun announced that the secondary market trading price of the fund has significantly exceeded the net asset value, resulting in a large premium. The closing price on July 17th was 2.562 yuan, while the IOPV at closing was 2.2205 yuan. In order to protect the interests of investors, the fund will be suspended from trading starting from July 20th, and trading will resume at 10:30. Redemption services will continue to be processed during the suspension period. If the premium does not decrease effectively on the same day, the fund reserves the right to take further suspension measures. Currently, the fund's operations are normal, and there is no undisclosed material information that should be disclosed.
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