[Multiple ETFs Warn of Potential Deviation Between ETF NAV and IOPV on Changxin Technology's Listing Day] Odaily Planet Daily reports that on the eve of Changxin Technology's listing, several ETF fund managers, including China Asset Management and Harvest Fund, issued warning announcements. Some of their ETFs participated in the IPO of Changxin Technology and valued it based on its offering price. However, the ETF's indicative net asset value (IOPV) only reflects Changxin Technology's offering price and does not account for market price fluctuations. As a result, on Changxin Technology's listing day, the ETF's IOPV may differ from the actual net asset value of the fund shares. Investors are advised to pay attention to the associated investment risks. According to an ETF fund manager, it is common practice for fund companies to have their ETFs participate in IPOs alongside actively managed equity funds. The IOPV of ETFs is strictly calculated based on the PCF (Portfolio Composition File) list, excluding restricted non-component stocks such as newly listed shares. If Changxin Technology experiences a significant price increase on its listing day, the actual net asset value of ETFs participating in the IPO may be slightly higher than the IOPV, leading to a deviation. In such scenarios, potential arbitrage strategies may include buying ETFs while hedging with derivatives, retaining only the excess exposure caused by the deviation. (China Securities Taurus)