New China Tech ETF

GlobalX recently launched China sector funds for consumer and industrial and today Claymore launched a tech ETF (CQQQ). It is heavy in the Chinese internet stocks we have all known for a long time like Baidu, Sina and Netease.

One of the things about China ETFs, sector or otherwise, is that I would rather seem them offer access to parts of the market that are not otherwise easily accessed. That does not make a fund necessarily better but it does offer an alternative to what is out there and CQQQ really does not.

You’ve probably heard of Huawei (pronounced wah-way) the Chinese networking company that is not publicly traded. While obviously no ETF would have this company there are other tech companies in China and seeing fund just of those stocks, that is not easily accessed in the US, would make for a more interesting fund.

About Roger Nusbaum 169 Articles

Roger Nusbaum is an Arizona-based financial advisor who builds and manages client portfolios using a mix of individual stocks and ETFs. Roger writes a popular blog, which focuses on risk management, foreign stocks, exchange traded funds, options etc.

Roger has been recognized by many in the investment management industry for his expertise in portfolio management. Roger has been regularly interviewed by the financial press, trade journals, and television news shows. He has also had numerous technical articles published and has been quoted in a number of professional trade journals, newspapers, and consumer finance magazines. He appears frequently on CNBC Asia as a market commentator.

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