13-day restriction on the purchase of more than 300 public funds: daily purchase limit as low as 100 yuan. Gelan also took action.

Entering August, public funds have started to implement restrictions on purchases intensively. Wind data shows that, as of August 13th, a total of 303 funds have suspended purchases or large purchases, including bond funds, mixed funds, stock funds, international funds, and various other types of funds. Some funds even have a daily purchase limit as low as 100 yuan. In addition, Zhong Ou Medical Innovation A, under Graland, also implemented restrictions on purchases on August 11th, with a daily limit of 100,000 yuan per fund account. Industry experts believe that in the current hot capital market, implementing restrictions on purchases is indeed one of the means to maintain the stable operation of funds. Limiting purchases can effectively control the expansion speed of fund size, prevent large amounts of funds from pouring in in the short term, making it difficult for fund managers to execute established investment strategies effectively, and thus safeguarding the expected return level of the funds and the interests of existing investors.