Huaxia Fund Warns of Net Asset Value Discrepancy Risk for Longxin Tech ETF on Listing Day

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Huaxia Fund warns of potential IOPV discrepancies for the Longxin Tech ETF on its listing day, July 27, 2026. The fund participated in both online and offline subscriptions at a pre-listing valuation of RMB 8.66 per share. The absence of price limits for the first five trading days may lead to increased volatility. Investors should monitor on-chain trading signals and consider value-based crypto investment strategies. The IOPV is calculated based on the issue price, not market fluctuations, which may increase NAV risk.

Huaxia Fund announced that Changxin Technology will list on the STAR Market on July 27, 2026, and certain of its ETFs will participate in its online and offline subscription. Prior to listing, the stock is valued at an issue price of RMB 8.66 per share. As there are no price fluctuation limits during the first five trading days after listing, the stock price may experience significant volatility. Additionally, the ETF’s intraday indicative value (IOPV) reflects only the issue price and does not account for market price fluctuations. As a result, there may be a discrepancy between the IOPV and the net asset value per share on the first day of listing. Investors are advised to be aware of these risks. (Jinshi)

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