Multiple domestic high-performance public fund products are subject to additional purchase restrictions BlockBeats News: On June 25th, E Fund announced that the E Fund Information Industry Selection, managed by Zheng Xi, has lowered its purchase limit to 10000 yuan; At the same time, he also announced the reduction of the purchase limit to 10000 yuan for E Fund Information Industry, which he manages; The E Fund Global Growth Select Hybrid (QDII) has lowered its purchase limit to 10 yuan. In addition, Guolian Anxuan Industry, Dacheng Technology Innovation, and Xin'ao Performance Drive have recently announced purchase restrictions or adjusted purchase limits. Jinzicai, which has attracted much market attention, announced an increase in purchase restrictions for multiple public offering products from June 23, with the purchase limit for the four funds involved lowered to 500 yuan. The purchase restriction of high-performance products may be due to multiple considerations, which can not only avoid the profit dilution effect caused by short-term centralized subscription of funds, but also proactively restrict purchases during the overheated market stage, and send risk warning signals to the outside world. As the market closed in the first half of the year, this action became increasingly frequent. Overall, Wind data shows that since June alone, 19 funds with net asset returns exceeding 90% within the year have suspended large subscriptions or adjusted their subscription limits. (Caixin News Agency) [Original link]