digital currency academy Top Block

As many well-known Internet companies in China are listed in the United States or Hongkong, and domestic investors can't directly enjoy the dividends brought by the rapid development of these companies, the establishment of China Internet ETF facilitates domestic investors to participate in the growth of these companies.China Stock Exchange refers to the shares of China companies listed on overseas stock markets. In this term, "zhong" stands for China, and "almost" refers to the concept, which together is "China concept stock ticket". Although these companies operate in China, they choose to list on stock exchanges outside Chinese mainland. Common listing places include new york Stock Exchange (NYSE) and NASDAQ. Hong Kong stocks and China Stock Exchange are linked, and the participants are all global capital, so the game is fierce.I am a practical person. I have always been optimistic about Hong Kong stocks, and my words and deeds are consistent. Let's see if it can be reversed this time.

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.At present, the latest P/E ratio of Hang Seng Technology Index is 12.89 times, which is at a historical low. This valuation level shows the investment attraction of the current market, especially after considering the historical quantile data. For example, the price-earnings ratio of Hang Seng Science and Technology Index (market value weighted) is 20.62, and the 3-year split point is 12.77%; The P/E ratio (positive equal weight) is 15.44, and the 3-year quantile is 25.14%. These data show that the valuation of Hang Seng Science and Technology Index is relatively low, at a historical low level, regardless of the market value weighted or the price-earnings ratio calculated by equal weight method.Fourteen years later, it was relaxed, and the Chinese stocks responded.

This shows that China has changed its monetary policy stance for the first time in more than ten years, from "moderate" to "moderately loose". This policy adjustment aims to boost consumption, improve investment efficiency and expand domestic demand in all directions. At the same time, it also indicates that China will probably take greater measures to cut interest rates and lower the RRR to support economic growth.We are waiting for the arrival of the internet market, and the stock price is definitely a historical low.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.