Factor affecting CNEW.AU ETF price: Net Asset Value (NAV): The NAV reflects the underlying value of the Chinese New Energy companies held by the ETF. A higher NAV generally corresponds to a higher ETF price.

Supply and Demand: Increased investor demand for CNEW.AU typically drives the price up, while increased selling pressure pushes it down.

Underlying Stock Performance: The performance of the Chinese New Energy companies within the ETF's portfolio directly influences the ETF's price.

Currency Exchange Rates: Fluctuations in the AUD/CNY exchange rate can impact the value of the ETF's holdings and therefore its price.

Market Sentiment: Overall investor sentiment towards Chinese markets and the New Energy sector can influence the ETF's price.

Regulatory Changes: New policies or regulations affecting the Chinese New Energy sector can significantly impact the ETF's performance.

Geopolitical Events: Events like trade tensions or international relations can affect investor confidence and impact the ETF's price.

Economic Conditions: Economic growth or recession in China can affect the profitability of the underlying companies, influencing the ETF's value.

Interest Rates: Changes in interest rates in China and Australia can influence investment flows and impact the ETF's attractiveness.

Fund Management Fees: While not a direct price driver, higher fees can slightly reduce the overall return and make it less attractive.