
CQQQ ETF: Devs Bet Big on China Tech Boom, Praying Algorithms Outrun Regulators
The Invesco China Technology ETF, traded as CQQQ, offers investors a chance to tap into China's thriving technology sector. As of recent data, the fund has been gaining traction, with its net assets totaling over $130 million. Launched in 2009, CQQQ tracks the AlphaShares China Technology Index, which comprises a diverse range of Chinese tech companies, including Tencent Holdings and Alibaba Group. The ETF is designed to provide exposure to companies listed on exchanges in mainland China, Hong Kong, and the United States. With China's tech industry expected to continue growing, driven by government support and increasing demand for digital services, CQQQ provides a viable option for investors seeking to capitalize on this trend. The fund's performance is closely tied to the overall health of China's economy and the tech sector, making it a key barometer for investors looking to gauge the country's growth prospects.