The subscription quota of ICBC India Market Fund was suspended, and the people were caught off guard

Mondo Finance Updated on 2024-01-31

ICBC Credit Suisse India Market** recently announced that it will adjust the limit of the **'s subscription and regular fixed investment business from December 21, with a single account of RMB share of large subscription and regular fixed investment limit of 100 yuan, and a US dollar share limit of 15 US dollars. The news came as a surprise and caught investors off guard. Subsequently, in order to protect the interests of ** share holders, ICBC Credit Suisse** decided to suspend subscription and regular fixed investment from December 22.

The announcement issued by ICBC Credit Suisse India** suddenly announced that it will limit the subscription quota of this ** from December 21, and the limit of large-scale subscription and regular fixed investment in a single account in a single day for investors with RMB shares will be adjusted to 100 yuan, and the limit for US shares will be 15 US dollars. This tightening move caused strong shocks and surprises among investors. Many investors were caught off guard by this, because the ** had previously adjusted the subscription quota on September 22, November 1 and December 12, respectively, but the magnitude was smaller. This time, the reduction was relatively large, which surprised investors.

The decision of ICBC Credit Suisse** is undoubtedly a big market move for investors. Compared with the previous reduction, this adjustment is sudden and drastic, and the impact on investors is very large. After learning the news, many investors said that they were caught off guard by this sudden restriction, because the market had been relatively stable and good for the performance of the **, and investors had high confidence in the **.

ICBC Credit Suisse** said in the announcement that the reduction of the subscription limit again is related to the insufficient QDII quota. According to the data released by the State Administration of Foreign Exchange, as of November 30, a total of 186 institutions have been approved for QDII quotas, with a total of 1,655$1.9 billion. However, these quotas are not enough to meet the needs of ** companies. It is understood that many ** companies are striving to obtain more QDII quota to meet the needs of investors for overseas markets.

Since the beginning of this year, overseas markets have performed well, not only developed markets such as the United States have performed more well, but also emerging markets such as India and Vietnam have also shown high growth. ICBC India**, as a QDII that invests in the Indian market, has performed well against this backdrop. According to the data, as of December 20, the annual yield of ICBC India market** was 1662%, ranking among the best in its class. Similarly, Manulife India** also achieved 1764% of the year's outstanding performance. These excellent performances have led more and more investors to turn their attention to QDII**, hoping to share in the returns of overseas markets through these **.

However, due to the tight QDII quota, ICBC Credit Suisse** had to lower the subscription limit again to prevent overuse of the quota and damage to the interests of ** share holders. Although this decision is bad news for investors, from the company's point of view, it is to better manage and allocate limited quota resources to ensure the rights and interests of investors.

At present, the potential of the QDII market is huge, and major ** companies are competing for more QDII quotas. According to the data released by the State Administration of Foreign Exchange, 186 institutions have been approved for QDII quotas, with a cumulative quota of more than US$165.5 billion. Although this number seems huge, it is far from meeting the needs of the market. Therefore, many ** companies are actively applying for more quotas to meet the needs of investors for overseas markets.

Among the ** companies that have already obtained quotas, the top ** companies such as E Fund ** and Huaxia ** have been allocated a large quota, exceeding billions of US dollars. ICBC Credit Suisse** currently receives $500 million. These quotas are a very valuable resource for ** companies, and they hope to provide investors with more high-quality overseas investment opportunities by making full use of these quotas.

In addition to the ** companies that have obtained the quota, there are many ** companies waiting in line for the approval of the CSRC to obtain QDII business qualifications. For example, Caitong ** Asset Management, Founder Fubang**, CICC**, Cinda Australasia**, Anxin**, Nord**, Ruiyuan** and other companies are trying to fight for quotas. It can be seen that the demand for the QDII market is very strong, and they all hope to be able to get more quota through their own efforts to meet the needs of investors.

For investors, the adjustment of the subscription quota of ICBC Credit Suisse** is undoubtedly a surprising change. However, investing is a long-term process, and market fluctuations and corrections are inevitable. Especially for the QDII market, some policy factors and market factors will have an impact on the operation of the **. Therefore, investors should remain rational in the face of this adjustment and not blindly follow the trend or panic.

First of all, investors can judge the value and potential of ** by paying attention to the performance of ** and the operation strategy of ** manager. Although the adjustment of the subscription quota will have a certain impact on the subscription behavior of investors, investors can still continue to participate in the operation of ** through redemption and regular fixed investment.

Secondly, investors can also choose the investment varieties and strategies that suit them according to their own risk tolerance and investment goals. QDII** is a tool that allows investors to invest in overseas markets, so investors can choose the right investment object for them according to their knowledge and interests in different markets. At the same time, investors should also pay attention to the principle of diversification and avoid over-concentrating on a certain market or a certain **.

Finally, investors should be rational and patient, not blindly pursuing short-term gains, but should consider investing as a long-term process. Although market volatility is inevitable, only with firm confidence and continuous investment can we maximize the rewards of the market.

Recently, ICBC Credit Suisse India Market issued an announcement to adjust the subscription quota and suspend the subscription business, which aroused the attention and discussion of investors. The news unexpectedly lowered the subscription limit, catching many investors off guard. According to the company, this is to protect the interests of share holders and is related to the lack of QDII quotas. The potential of the QDII market is huge, and major companies are vying for quota to meet investors' demand for overseas markets. For investors, they should remain rational and patient, choose their investment strategies wisely, and regard investment as a long-term process.

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