Wanjia Fund re-tightens Nasdaq 100 fund purchase cap to 100 yuan

The whipsaw in purchase limits underscores how fund managers are struggling to balance retail demand against offshore quota and liquidity constraints. Cutting the cap back to 100 yuan within a day of raising it signals that the earlier easing was premature or quickly overwhelmed by inflows. This affects investors chasing US tech exposure through domestic channels, who now face tighter access. The open question is whether other fund houses will follow suit, which would indicate systemic capacity strain rather than a one-off adjustment.