Shanghai's China Investment Silver LOF halted trading from the market open on December 26 until 10:30 AM due to high premiums and increased trading volume. The fund's A-class shares, which have a 500 yuan subscription limit, are trading at a 68.19% premium, prompting warnings from the fund manager about sustainability. On-chain data indicates continued inflows, with London silver prices reaching $71.81 per ounce on December 24, marking a 140% increase year-to-date. The fund has experienced three consecutive limit-up sessions, achieving a 254.9% gain this year. Other commodity and resource LOF funds also faced limit-up trading, leading to risk warnings and temporary trading halts.
Shanghai Silver Fund Suspends Trading Amid Surging Premiums
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