China’s E Fund Management will temporarily suspend U.S. 50 ETF on Jan. 23

BEIJING (Reuters) – China’s E Fund Management Co said it will temporarily suspend the U.S. 50 Exchange Traded Fund (ETF) on Jan. 23, according to a statement on Tuesday.

“Investors are reminded to pay attention to the risk of price premium in the secondary market and may suffer significant losses if they invest blindly,” the statement said.

(Reporting by Beijing and Shanghai newsrooms; Editing by Christian Schmollinger)