The U.S. tech sector has recently pulled back, with the net asset value of multiple QDII products falling more than 20% over the past month. Yet capital has flowed in against the trend, popular Nasdaq offerings continue to be sought after, and premiums on exchange-traded cross-border ETFs remain elevated. Constrained by quota limits, many QDII products have tightened subscription caps. Industry insiders note that after the U.S. midterm elections, the market is reassessing AI capital expenditure and the sustainability of industry prosperity, and that overseas investment must balance volatility risk against long-term opportunities.
