This ETF aims to capture China's own 'Magnificent Seven'
Publishing timestamp: 2024-05-22 19:00:01
Summary
Roundhill Investments plans to launch Lucky Eight ETF in China, mimicking the success of its Magnificent Seven ETF. The new ETF will focus on key Chinese tech companies and offer investors exposure to names that matter in the Chinese market.
Sentiment: POSITIVE
Tickers: KWEB, BABA, 1810-HK, PDD, ZE594-CN, 3690-HK, BIDU, MPNGY, BYDDY, 9618-HK, 700-HK, JD,
Keywords: kraneshares csi china internet etf, pdd holdings inc, personal investing, exchange-traded funds, breaking news: markets, investment strategy, jd.com inc, stock markets, roundhill magnificent seven etf, global, meituan, cnbc magnificent 7 index, breaking news: technology, tencent holdings ltd, baidu inc, technology, global trade, xiaomi corp, e-commerce, alibaba group holding ltd, asia economy, byd co ltd, breaking news: investing, markets, china, business news,
Source: https://www.cnbc.com/2024/05/22/chinas-magnificent-seven-gets-new-etf.html