I. BackgroundChina Internet ETF basically covers domestic mainstream Internet listed companies, such as Tencent, Meituan, Ali, JD.COM, Baidu, Pinduoduo, Netease, Xiaomi, Ctrip and Aauto Quicker.China Internet ETF provides investors with a convenient and low-cost investment channel, enabling them to participate in the development of the Internet industry in China, especially for domestic investors who cannot directly invest in overseas markets. This is an important investment tool.
Second, because the regulatory environment of the listing place is different from that of Chinese mainland, China Stock Exchange Company needs to abide by the laws, regulations and accounting standards of the listing place, which may be different from that of Chinese mainland.In recent years, due to the game between China and the United States, China Stock Exchange faces some challenges, including audit compliance issues and potential delisting risks, which also affects the market performance and investor sentiment of China Stock Exchange. However, many Chinese stock companies are also actively seeking solutions, such as secondary listing in Hong Kong, to reduce their dependence on a single market. Therefore, Hong Kong stocks can be regarded as Chinese stocks, and many ETFs are both.A series of unexpected statements, such as more active fiscal policy, unconventional countercyclical adjustment, moderately loose monetary policy, stabilizing the property market and stock market, and vigorously boosting consumption, have detonated the market.
On-site ETF funds can be purchased through brokerage trading app, and there is no need to open the Hong Kong Stock Connect authority. As an on-site ETF fund, brokerage commission is mainly considered when trading, and other reference rates are mainly management fees for fund operation and bank custody fees.At the meeting held on December 9, 2024, the decision-makers pointed out that a more active fiscal policy and a moderately loose monetary policy will be implemented next year. This policy combination is the first time in the history of the Politburo meeting.Just now, I also analyzed the surge of Hong Kong stock technology and securities firms. This trend, combined with A50 stock index futures, indicates a good start for our three major indexes. Be cautious when opening too high, and see if it is a 28-year rotation or an overall rise.