Caitong Fund Management's Caitong Multi-Strategy Fuxin Periodic Open Flexible
Allocation Hybrid Fund (on-exchange name: Caitong Fuxin Open Hybrid; ticker
501046) is trading materially above NAV, showing a large secondary-market
premium. The manager warned investors of premium risk and said the fund will be
suspended for the full trading day on 18 June 2026. The fund is in a closed
period; subscription and redemption remain suspended. Off-exchange holders may
transfer shares to on-exchange custody via distributors and sell on the
exchange.