Silver LOF hits the limit up again during trading! Some investors received alerts for "abnormal trading" and will be closely monitored

On December 24th, Guotou Ruijin Silver LOF was temporarily suspended for one hour in the morning session, and upon resumption, it hit the daily limit, once again setting a new high for on-market prices. Recently, this LOF has become one of the scarce tool products for investors participating in silver futures investment, with the fund company repeatedly issuing premium risk warnings.

Reporters from the Daily Economic News noticed that some investors have received notifications from brokers regarding abnormal trading of this LOF, reminding investors to pay attention to the premium risk in the secondary market trading prices.

Industry insiders revealed that such notifications are generally issued by the exchange, which sends a letter to brokers providing a list of key monitored accounts, mainly involving abnormal trading behaviors. Brokers will first provide educational prompts and risk warnings to clients, and if there are still violations, further restrictive measures will be taken.

Some investors received "abnormal trading" alerts

On December 24th, Guotou Ruijin Silver LOF was temporarily suspended for one hour in the morning session, and upon resumption, it hit the daily limit, with an intraday increase of 9.99% by the time of the lunch break.

It is reported that this LOF has recently attracted significant market attention. In addition to the fund company continuously warning about premium risks, regulators and brokers are also monitoring "abnormal trading" of this product.

Image source: Wind

Reporters from the Daily Economic News learned that some investors have received notifications from brokers. The relevant notification indicates that the Shenzhen Stock Exchange is implementing key monitoring of Guotou Silver LOF, with the monitoring period from December 24, 2025, to January 8, 2026.

Image source: Investor

Among them, it is emphasized that the exchange strictly defines abnormal trading behaviors of this security and may take severe measures such as listing accounts for key monitoring, suspending trading in investor accounts, and restricting trading in investor accounts based on the situation. This move is not common in investors' daily trading and reflects that such targets have attracted regulatory attention.

After verifying with industry insiders on December 24th, it was indeed found that there were notifications regarding investors' abnormal trading behaviors. Industry insiders revealed that such notifications are generally issued by the exchange, which sends a letter to brokers providing a list of key monitored accounts, mainly involving abnormal trading behaviors. Brokers will first provide educational prompts and risk warnings to clients, and if there are still violations, further restrictive measures will be taken.

"The specific focus is on obvious price manipulation, false declarations, or behaviors that are clearly beyond the scope of ordinary investors, such as frequent large withdrawals, false declarations, deliberately suppressing or raising stock prices, and deliberately crashing the market. The exchange will analyze these behaviors, and brokers will cooperate with the exchange's supervision for the next steps," said the aforementioned interviewee It is reported that the exchange issues different types of letters to brokers regarding abnormal trading behaviors of clients, including warning letters and trading suspension letters. Once brokers receive these letters, they will take action. In other words, the aforementioned warning information primarily targets abnormal trading behaviors in investment accounts, rather than specific stocks or funds involved.

Brokers generally take proactive measures to prevent risks, with similar processes across firms

It is worth mentioning that the above warnings involve a key regulatory detail, namely the handling of risk warnings—whether it is a rigid restriction or a flexible reminder.

According to industry sources from the "Daily Economic News," brokers generally take proactive measures to prevent such risks. If investors continue to exhibit abnormal trading, there will be follow-up restrictions, which is a common practice in the industry.

The interviewee informed the reporter that the exchange establishes a system for brokers to manage risks related to abnormal trading. For brokers, this also relates to scoring items in the company's classification evaluation concerning abnormal trading. Therefore, brokers are quite proactive in this regulatory work, often setting risk indicators higher than those established by the exchange.

"The purpose of high standard requirements is to prevent and identify abnormal trading behaviors in advance. We will identify these abnormal trading clients early and educate them through notifications, using SMS or phone calls to help investors understand the trading system," the interviewee stated. The exchange regularly publishes lists of abnormal trading cases, and at this stage, related accounts fall into the category of serious abnormal trading, which brokers will closely monitor. Based on clients' trading habits and positions, they will provide reminders or further actions.

As mentioned earlier, if investors receive warning information, the interviewee told the reporter that if account trading behaviors trigger abnormal trading supervision, brokers will provide corresponding risk warnings to clients in advance. If clients have questions, they can contact marketing personnel or the business department, and broker staff will provide investment education.

Image source: Wind Statistics

Currently, the methods used by various brokers to cooperate with the exchange in handling abnormal trading behaviors are similar. However, this also reflects that there are still many irrational investment behaviors in the market. Regarding the risk warnings for silver LOF, Guotou Ruijin Fund has continuously issued premium risk warning announcements for a long time, focusing on risk prevention and protecting investors' interests.

Risk Warning and Disclaimer

The market has risks, and investment should be cautious. This article does not constitute personal investment advice and does not take into account the specific investment objectives, financial conditions, or needs of individual users. Users should consider whether any opinions, views, or conclusions in this article are suitable for their specific circumstances. Investment based on this is at one's own risk