Stan Wong
Global X NASDAQ China Technology ETF
QQQC-O
DON'T BUY
Jul 27, 2022
Down 13%, buy more? Bit of rebound now, as it's fallen so far plus interest rates are steadying off. Be cautious. He'd want to be in the super-size, high quality names like MSFT and GOOG. A huge basket may not have the best quality or cheapest names. You can see it in how the bigger names react to earning reports vs. how a SHOP reacts.
Chinese tech has been at the epicenter of the emerging markets sell off. Great ETF. Not a lot of assets. Low MER.Very bullish on Chinese technology now.
Question was on QQC.F compared to QQCC regarding the major price difference. QQC.F is an Invesco product while QQQC is a Horizons product. It gives exposure to the largest 100 tech companies on the NASDAQ. Be cautious with high growth stocks. If buying, start small and accumulate.