ChainCatcher News, according to Shanghai Securities Journal, Huabao Overseas Technology Equity Securities Investment Fund (QDII-LOF) has announced the suspension of subscription and regular investment services, and the date for resuming subscription and regular investment services for this fund will be announced separately later.

Previously, according to community user feedback, users in mainland China using Alipay found cryptocurrency fund advertisements on their homepages, which have been verified to be for the Huabao Overseas Technology C(QDII-FOF-LOF) fund product. This fund invests in ETFs under ARK Invest through the QDII method, indirectly holding Coinbase stocks and the Ark Bitcoin spot ETF, with a daily purchase limit of 1,000 RMB per person.