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Story perspectives

China Halts Investments Amid Market Turmoil and Risks

2/2/2026

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Story summary
  • On February 2, 2026, the Harvest Gold Securities Investment Fund in mainland China suspended new investments to stabilize operations and protect unit holders.
  • E Fund Management's E Fund Gold Theme LOF halted investments after a 14.5% premium in the secondary market.
  • China halted trading on a silver futures fund and four oil funds to mitigate risks.
  • A downturn followed U.S. President Donald Trump’s nomination of Kevin Warsh as Fed chair.