Chinese stock exchanges have imposed daily restrictions on net share sales by individual hedge funds and large retail investors, capping sales at 50 million yuan ($6.84 million) per day. The move is aimed at stabilizing domestic stock markets amid an escalating trade war with the United States. According to multiple sources, the restrictions were communicated verbally to hedge funds and large retail investors by securities firms. A directive issued on the night of April 10 instructed firms to monitor transactions closely, with potential reductions to the sales cap if market conditions worsen. Violations could result in trading account suspensions. The Shanghai and Shenzhen stock exchanges have not officially commented on the restrictions. Analysts view the measures as part of Beijing's broader efforts to support its stock markets during a period of economic uncertainty.