China Technology, Internet ETFs Are Losing Momentum
April 08, 2022 at 15:17 PM EDT
The rally in Chinese technology stocks and sector-related exchange traded funds is losing momentum as strict lockdown measures in response to a zero-tolerance Covid-19 policy could weigh on revenue growth. Over the past month, the Invesco China Technology ETF (NYSEArca: CQQQ) declined 5.5%, and the...