As fluctuations in domestic and foreign stock markets intensify, speculative capital is flooding into smaller, more convenient cross-border ETFs. Recently, there has been a collective high premium phenomenon in cross-border ETFs, with some products even continuing to rise when the benchmark index is down, with intra-day premium rates exceeding 38%, indicating extremely high premium risk. However, despite continuous risk warnings being issued by fund companies, the scale of these cross-border ETFs is still climbing steadily and remains highly sought after by funds. (Securities Times)