On January 24th, Jin Shi Data reported that why did the currency ETF suddenly have a big pump? Industry insiders said that the currency ETFs that had a big pump today were products with poor liquidity. For example, the China Life Currency ETF (511970), which hit the daily limit today, had a cumulative turnover of only 3.31 million yuan from January 2nd to January 23rd, with an average daily turnover of over 200,000 yuan. Such products are not usually followed by everyone and are likely to be manipulated by speculative investors. It is recommended that investors avoid the risks of such products. Industry insiders pointed out that the main observation of onshore money market funds is the Huabao Tianyi (511990) and Yinhua Rili (511880) products, with daily trading volumes of over 10 billion yuan, and the current trend is stable.
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Currency ETF suddenly big pump, industry insiders: Liquidity is poor, investors are advised to avoid the risks of such products.
On January 24th, Jin Shi Data reported that why did the currency ETF suddenly have a big pump? Industry insiders said that the currency ETFs that had a big pump today were products with poor liquidity. For example, the China Life Currency ETF (511970), which hit the daily limit today, had a cumulative turnover of only 3.31 million yuan from January 2nd to January 23rd, with an average daily turnover of over 200,000 yuan. Such products are not usually followed by everyone and are likely to be manipulated by speculative investors. It is recommended that investors avoid the risks of such products. Industry insiders pointed out that the main observation of onshore money market funds is the Huabao Tianyi (511990) and Yinhua Rili (511880) products, with daily trading volumes of over 10 billion yuan, and the current trend is stable.