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Huabao Fund suspended the subscription and Auto-Invest of its indirect investment in overseas Crypto Assets funds
PANews reported on December 13th that Huabao Fund Management Co., Ltd. issued an announcement to suspend the purchase and regular investment of Huabao Overseas Technology Equity Securities Investment Fund (QDII-LOF), while other businesses are still being processed. The date for resuming the purchase and regular investment of this fund will be announced separately. Subscription and regular investment applications submitted by investors after 15:00 on December 12, 2024 will be deemed as applications submitted on the next working day, and unconfirmed funds will be returned to the investor’s designated Settlement account. Earlier news, funds issued by Huabao Fund, indirectly invested in overseas cryptocurrency assets, are sold on multiple platforms such as Ant Fortune and CMB.