On January 16, the Nikkei ETF (513520) rushed back and quickly dived to the green at the end of the session. At one point, it rose more than 9% in early trading, down more than 4% by the close, and the turnover rate reached 607.18% throughout the day.
The Zhitong Finance App learned that on January 16, the Nikkei ETF (513520) staged a high-altitude dive and quickly turned green at the end of the session. At one point, it rose more than 9% in early trading, down more than 4% by the close, and the turnover rate reached 607.18% throughout the day, which was almost crazy. At one point, the intraday premium rate rose to over 24%, and the closing premium rate fell back to 9.45%.
Yesterday, the Nikkei 225 Index closed up 0.91% to 35901.79 points. At one point, it rose more than 36,000 points in the intraday period, the first time since February 1990, and hit a new high in nearly 34 years. Recently, along with the continued rise in the Japanese stock market, short-term speculative demand for market capital has soared.
The boom in Nikkei ETFs over the past few days has sparked widespread discussions in the market. Some investors said that Nikkei ETFs are overheated in the short term and are advised to avoid them; others say they are willing to stand at the top of the mountain.
Financial commentator Guo Shiliang said that the high premium trend in Nikkei ETFs is largely due to the profit-seeking effect of A-share investors. The sluggish performance of A-shares themselves has also accelerated the flow of capital to profitable investment channels such as Nikkei ETFs.
Market analysts believe that even if investors are optimistic about overseas assets, the higher the premium rate, the greater the risk. Therefore, the safer way of thinking is to either buy an ETF with a lower premium rate, or wait for a wave of adjustments before bottoming out.