Harvest Crude Oil LOF: Trading halted from market open on March 24 until 10:30 that day

MetaMuskRat · 2026-03-24T23:07:23+00:00

Harvest Crude Oil Securities Investment Fund has issued a warning about premium risk and an announcement of suspension due to its trading price being significantly higher than its net asset value. The fund will be suspended from trading on March 24, 2026, but redemptions will still be processed during this period. If the premium continues, further suspension measures will be implemented to alert investors to the risks.

MetaMuskRat

2026-03-24 23:07:23

Abstract generation in progress

China Securities Journal, March 23 — China Asset Management Co., Ltd. has issued a premium risk warning and suspension announcement for the China Asset Oil Securities Investment Fund (QDII-LOF). Recently, the trading price of the China Asset Oil Securities Investment Fund (QDII-LOF) (Fund code: 160723, on-market abbreviation: China Asset Oil LOF, hereinafter referred to as “the Fund”) under China Asset Management has been significantly higher than its net asset value, showing a large premium. To protect the interests of fund shareholders, the Fund will be suspended from the market opening on March 24, 2026, until 10:30 a.m. on the same day, and will resume trading at 10:30 a.m. on March 24, 2026. During the suspension period, redemption services for the Fund will continue as usual. If the premium of the Fund’s secondary market trading price on March 24, 2026, does not effectively decrease, the Fund reserves the right to apply for intraday temporary suspension or extended suspension measures with the Shenzhen Stock Exchange to alert the market of risks, with specific details subject to the announcement at that time.

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