Multiple funds announce purchase limitations Industry insiders: mainly to control the size of the funds.

On January 13th, Yongying Fund announced that starting from January 14th, it will implement a subscription limit on two popular products under its management - Yongying High-end Equipment Smart Selection and Yongying Information Industry Smart Selection. Along with the recent hot market, many fund companies including China Europe, Ping An, Huatai Bairui, Xingquan, Morgan and others have also announced purchase restrictions on their products, including some top-performing funds. Industry insiders indicate that some top-performing funds are "closing the door to new clients", which is related to the outstanding performance of the A-share market since the beginning of the year. Purchase restrictions on top-performing funds reflect the cautious attitude of fund managers. Fund managers and fund companies will pay more attention to the stable growth of product net asset value, and focus more on the continuous profitability of investors.