Core Viewpoint - The recent announcements from Huaan Fund Management Company highlight significant premium risks in the secondary market trading prices of its funds, specifically the Huaan S&P Global Oil Index Securities Investment Fund and the Huaan France CAC40 ETF, urging investors to be cautious of potential losses due to market price deviations from net asset values [1][3][7]. Group 1: Huaan S&P Global Oil Index Securities Investment Fund - The Huaan S&P Global Oil Index Securities Investment Fund (LOF) has experienced a substantial premium in its secondary market trading price, deviating significantly from its net asset value [1]. - The fund will suspend trading from February 26, 2026, at 10:30 AM if the premium does not decrease effectively, with the possibility of applying for temporary trading suspension on the Shenzhen Stock Exchange [1]. - Investors are reminded that the fund's trading price is influenced by various factors, including market supply and demand, systemic risks, and liquidity risks, which may lead to potential losses [1]. Group 2: Huaan France CAC40 ETF - The Huaan France CAC40 ETF has also seen its secondary market trading price significantly exceed its reference net asset value, indicating a large premium [3]. - Similar to the oil fund, if the premium does not decrease by February 26, 2026, the fund may seek to suspend trading temporarily on the Shanghai Stock Exchange [3]. - Investors are advised that the trading price of this fund is subject to risks from market dynamics and other external factors, which could result in financial losses [3]. Group 3: Huaan Hang Seng Technology ETF - The Huaan Hang Seng Technology ETF has reported a notable premium in its secondary market trading price, significantly above its reference net asset value [7]. - The fund may implement temporary trading suspensions if the premium does not effectively decline by February 26, 2026, to alert the market of the risks involved [7]. - Investors are cautioned that the trading price is affected by market conditions and other risks, which may lead to potential losses [7].

Core Viewpoint - The recent announcements from Huaan Fund Management Company highlight significant premium risks in the secondary market trading prices of two exchange-traded funds (ETFs): the Huaan France CAC40 ETF and the Huaan Hang Seng Technology ETF, urging investors to be cautious of potential losses due to these premiums [1][3]. Group 1: Huaan France CAC40 ETF - The Huaan France CAC40 ETF (trading code: 513080) has been trading at prices significantly above its reference net asset value, indicating a large premium [1]. - Investors are warned that if the premium does not decrease by February 24, 2026, the fund may apply for temporary trading suspension on the Shanghai Stock Exchange to alert the market of the risks [1]. - The fund allows investors to trade on the secondary market or redeem shares, but prices are influenced by market supply and demand, systemic risks, and liquidity risks, which could lead to potential losses [1]. Group 2: Huaan Hang Seng Technology ETF - The Huaan Hang Seng Technology ETF (trading code: 513580) is also experiencing significant premiums in its secondary market trading prices [3]. - Similar to the France CAC40 ETF, investors are cautioned about the risks associated with the high trading prices, and the fund may take measures to suspend trading if the premium persists [3]. - The fund operates under the same principles, allowing trading and redemption while being subject to various market risks that could impact investor returns [3].

Core Viewpoint - The recent trading prices of the Huaan Fund's QDII products, specifically the Hang Seng Technology ETF and the France CAC40 ETF, have significantly exceeded their reference net asset values, indicating a substantial premium in the secondary market, which poses risks for investors [1][2]. Group 1: Fund Information - The Huaan Hang Seng Technology ETF (trading code: 513580) and the Huaan France CAC40 ETF (trading code: 513080) are both exchange-traded funds that allow investors to trade in the secondary market or subscribe and redeem shares [1][2]. - The funds are currently operating normally with no undisclosed significant information, and the fund manager is committed to adhering to legal regulations and fulfilling disclosure obligations [3]. Group 2: Market Risks - Investors are cautioned about the risks associated with trading prices in the secondary market, which can be influenced by factors such as market supply and demand, systemic risks, and liquidity risks, potentially leading to losses [1][2]. - If the premium on the secondary market trading prices does not effectively decrease by February 13, 2026, the funds reserve the right to apply for temporary trading halts on the Shanghai Stock Exchange to alert the market of the risks [1][2].

Group 1 - The Shanghai Stock Exchange has approved Guotai Junan Securities Co., Ltd. to provide primary market-making services for the Huaan France CAC40 Exchange-Traded Fund (QDII) starting from February 6, 2026 [1] - This decision aims to enhance the market liquidity and stable operation of the France ETF, which is identified by the fund code 513080 [1] - The approval is in accordance with the relevant regulations outlined in the Shanghai Stock Exchange's self-regulatory guidelines for fund market-making [1]

Group 1 - The core point of the announcement is the significant premium of the secondary market trading price of the Huaan France CAC40 ETF over its reference net asset value, prompting a risk warning for investors [1] - The fund operates normally without any undisclosed significant information, and the fund manager will adhere to legal regulations and disclosure obligations [1] - The fund allows investors to trade in the secondary market or subscribe and redeem shares, with trading prices influenced by market supply and demand, systemic risks, and liquidity risks [1] Group 2 - Huaan Fund Management Company has signed agreements with Changcheng Securities, Everbright Securities, and Huabao Securities to act as primary dealers for certain funds starting December 5, 2025 [3][5][7] - Investors can conduct subscription and redemption transactions through the respective branches of these securities companies [3][5][7] - Contact details for inquiries include the registered addresses and websites of the securities companies and Huaan Fund Management [6][9]