On the afternoon of May 14, trading of the China-South Korea Semiconductor ETF managed by Huatai-PineBridge was temporarily suspended from the market opening until its close. This action was taken because the trading price of the ETF in the secondary market had surged significantly above the reference net asset value (NAV) of its shares, resulting in a substantial premium. The suspension was put in place as a measure to safeguard the interests of investors, aligning with standard practices in financial markets to prevent potential losses due to price discrepancies.
