Chinese Retail Rush for U.S. Tech Stocks Drains Fresh Offshore Quotas
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Chinese mutual fund managers are drastically tightening daily purchase limits on U.S. equity funds, as a retail frenzy for offshore assets rapidly exhausts newly issued investment quotas.
The scramble underscores how robust demand for overseas assets outstrips limited channels under China’s capital controls, fueled by the wealth effect of a U.S. market featuring top AI heavyweights.
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