Despite Regulatory Threats, Chinese Tech Is Still Potent
Despite antitrust targeting at large tech firms like Tencent Holdings, many analysts are predicting the impact will be minimal. The company comprises about 11% of CQQQ’s assets.
Tencent Holdings stands just as tall as Amazon and Google in the United States.
“At this point, I can’t see any other stocks that can challenge their positions in China,” Jackson Wong, director of asset management at Amber Hill, told CNBC.
CQQQ is based on the FTSE China Incl A 25% Technology Capped Index. The fund will invest at least 80% of its total assets in securities that comprise the Index, as well as American depositary receipts and global depositary receipts based on the securities in the Index.
ETF investors can capture technology upside in the world’s second largest economy with funds like the
CQQQ is based on the FTSE China Incl A 25% Technology Capped Index. The Fund will invest at least 80% of its total assets in securities that comprise the Index, as well as American depositary receipts and global depositary receipts based on the securities in the Index.
The Index includes constituents of the FTSE China Index and FTSE China A Stock Connect Index that are classified as information technology securities, including China A-shares and China B-shares. The fund can be used as a multifaceted market tool, whether investors are looking for a buy-and-hold fund or a short-term gain play.
January 25, 2021
The technology play doesn’t look to be letting up anytime soon, and that’s also the case for the world’s second largest economy. ETF investors should give the
CQQQ is based on the FTSE China Incl A 25% Technology Capped Index. The Fund will invest at least 80% of its total assets in securities that comprise the Index as well as American depositary receipts and global depositary receipts based on the securities in the Index.
The Index includes constituents of the FTSE China Index and FTSE China A Stock Connect Index that are classified as information technology securities, including China A-shares and China B-shares. CQQQ is up about 75% within the past year.