热门QDII，密集限购！

Core Viewpoint - The rapid growth of net subscriptions for public QDII funds is driven by profit effects, leading to various QDII funds implementing purchase limits to manage inflows [1][2]. Summary by Sections QDII Subscription Growth - As of the end of Q3 this year, QDII funds achieved a net subscription of 109.8 billion units, making it the fastest-growing fund category in terms of share growth [2][3]. - The total share scale of public QDII reached 680.968 billion units by the end of Q3, up from approximately 571.125 billion units at the end of Q2, indicating a significant inflow of funds [3]. Performance and Fund Manager Insights - High-performance elasticity in QDII products has attracted substantial capital inflows, with overseas stock selection becoming a key strategy for fund managers to achieve good performance [3]. - The top ten QDII funds have shown impressive annual performance, with the best achieving a return of 121.70% as of November 12 [3]. - Notable fund managers, such as Zhang Kun and Shi Bo, manage both A-share and overseas investment funds, with their QDII products outperforming A-share funds significantly, highlighting the appeal of overseas investments [4]. Purchase Limits and Fund Management - The rapid growth in QDII subscriptions has led to many fund companies focusing on the experience of existing holders rather than merely increasing their capital scale [5]. - Several QDII funds, including the招商纳斯达克100ETF and 浦银安盛全球智能科技QDII, have announced limits on large subscriptions to protect the interests of existing investors [6]. Differences Between QDII Types - While QDII overall has become a popular subscription target, the core focus remains on US stock-themed products due to the high substitutability of Hong Kong stock QDIIs [7][8]. - Many Hong Kong stock QDII products have seen limited inflows, while US stock QDII products have experienced significant growth, indicating a preference for the latter among investors [7][8].