"China Dragon" ETF landed on Wall Street as the bull market returns, benchmarking the seven major ETFs in the US.
A new ETF called DRAG, "China Dragon", tracking the performance of major Chinese companies has landed on the US stock market. Its components currently include Tencent, Pinduoduo, Alibaba, Meituan, BYD, Xiaomi, JD.com, Baidu, and Netease. DRAG aims to track an equally weighted basket of stocks composed of the 5 to 10 largest and most innovative Chinese technology companies. This ETF will be rebalanced quarterly.
Trending Industry Today: MEITUAN-W Leads Gains In Holidays Stocks
How to Capitalize on the Ongoing Bull Market for Chinese Stocks
National Day travel prices are easing! Domestic and international air ticket prices have dropped by about 20%, with the prices of outbound tours from travel agencies down by nearly 30% year-on-year.
①Several travel agencies have stated that travel prices during this year's National Day holiday have significantly decreased. Some travel agencies have reported a 20-30% drop in overall outbound travel prices, while OTA platforms show a 20% year-on-year decrease in domestic and international flight prices; ②The civil aviation market has added more flights, with some routes for the National Day holiday by Southern Airlines being sold out in advance, and Eastern Airlines reporting ticket bookings exceeding 70% for multiple National Day departure routes as of September 28.
Trending Industry Today: JIUMAOJIU Leads Gains In Holidays Stocks
Meituan launches an impact on medical beauty.
Explore vertical opportunities.
zigzinger : Most of the companies are ahead of their fundamentals. From the mid to long term view, the Chinese government is making a good move. That said, the proposed policies needs time to presented on the statistics as well.