China Asset Management: Some of Its ETFs May Face NAV Discrepancy Risk on First Day of ChangXin Memory Technologies Listing

China Asset Management announced in a notice that Changxin Technology will list on the STAR Market on July 27, 2026. Some of its ETFs will participate in the online/offline subscription, valued at the issue price of 8.66 yuan/share prior to listing. As there are no price limits for the first 5 trading days starting from the first day of listing, stock price volatility is significant. Moreover, the ETF's Indicative Optimized Portfolio Value (IOPV) only includes the issue price and excludes market price fluctuations. There may be a discrepancy between the IOPV and the Net Asset Value (NAV) of the fund shares on the first day of listing. Investors are reminded to pay attention to the risks. (Jin10)