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On July 17, the two Saudi ETFs that were listed yesterday surged again. The Saudi ETF (159329) hit the daily limit, and the N Saudi ETF (520830) opened more than 8% higher.

On July 16, the first batch of Saudi exchange-traded funds (ETFs) in the country were officially listed. As of the close of trading, Saudi ETF (159329) and N Saudi ETF (520830) both hit their daily limit.

On the same day, Huatai-PineBridge Fund Management Co., Ltd. announced that the secondary market trading price of the company's Huatai-PineBridge CSOP Saudi Arabia Exchange Traded Open Index Securities Investment Fund (QDII) (Extended Securities Abbreviation: Saudi Arabia ETF, Trading Code: 520830) was significantly higher than the reference net value of fund shares, with a large premium. Investors are hereby reminded to pay attention to the premium risk of secondary market trading prices. If investors invest blindly, they may suffer heavy losses.

According to CCTV News, the first two Saudi exchange-traded funds (ETFs) in China are listed on the Shanghai and Shenzhen Stock Exchanges, respectively. The products adopt the interoperability model between the mainland and Hong Kong exchange-traded funds (ETFs), linking the capital market resources of the mainland, Hong Kong and Saudi Arabia.