PANews reported on December 13 that according to the Shanghai Securities News, Huabao Fund Management Co., Ltd. issued an announcement announcing that Huabao Overseas Technology Equity Securities Investment Fund (QDII-LOF) has suspended subscription and regular fixed-amount investment business. Other businesses are still handled normally. The date for resuming the subscription and regular fixed-amount investment business of this fund will be announced separately. Investors' subscription and regular fixed-amount investment business applications submitted after 15:00 on December 12, 2024 will be deemed as applications submitted on the next working day and will not be confirmed. The funds that cannot be confirmed will be returned to the fund settlement account designated by the investor.

According to previous news, the fund issued by Huabao Fund and indirectly invested in overseas cryptocurrency assets was sold on multiple platforms such as Ant Fortune and China Merchants Bank .