News
Now you are reading
eToro introduces ChinaTech - a portfolio based on technology companies from China
0

eToro introduces ChinaTech - a portfolio based on technology companies from China

created Paweł Mosionek27 May 2020

eToro, a broker offering Forex / CFD trading and social trading, is once again expanding its offer. After a dedicated instrument based on the oil market (#OilWorldWide), the time has come for a portfolio based on Chinese companies from the new technology sector - ChinaTech Copy Portfolio.

The investment portfolios created by eToro are ready, diversified investment products that are based on certain sectors of the economy and / or other financial instruments. It's kind of very popular in recent years ETFs.


BROKERS OFFERING CFD FOR SHARES


New instrument - ChinaTech

The Leaders of China - i.e. portfolio #ChinaTech - consists of 30 Chinese technology companies dealing with artificial intelligence, electronics, e-commerce, as well as the production of autonomous vehicles. In these areas, China has already clearly overtaken most Western countries and poses an increasing competitive threat to the US. According to many economists, the Chinese economy may become a world leader as early as 2030.

Yoni Assia, CEO and founder of eToro, said:etoro yoni assia

“Over the past ten years, China has become a technological power and a world leader in e-commerce, artificial intelligence, robotics and autonomous vehicles. This new investment portfolio will give our retail clients the opportunity to invest in companies at the forefront of technological development. Our growing portfolio of thematic portfolios will allow people to invest in concepts they understand and believe, such as renewable energy, computer games, and now also the Chinese technology sector. "

ChinaTech wallet composition

The group of 30 ChinaTech companies includes such well-known brands as Alibaba, Intel Corp, or Baidu, and less known in Europe (and not necessarily much smaller) Pinduoduo, Tal Education, Bilibili, Meituan Dianping and Tencent.

Although the portfolio was created less than 24 hours ago, almost 170 people have already invested in it, and more than 7000 investors are watching it.

quinatech etoro

ChinaTech CopyPortfolio focused on technology companies that generate all or most of their revenues in China. The portfolio divides such a group of companies into three separate categories:

  1. Companies based in China and achieving 100% of revenues in this region ("China in China", 42,5% share divided into 13 companies).
  2. Companies that are based in China and generate the majority of revenues in this region, but also have exposure to other economies outside of China ("China Global", 42,5% share divided into 12 companies).
  3. Companies that are based outside of China but achieve most of China's revenues ("Global China", 15% share divided into 5 companies).

68% of retail investor accounts lose money when trading CFDs with this provider. Consider whether you can afford the high risk of losing your money.

china tech copy portfolio

The minimum investment amount has been set at USD 2000. The portfolio details include historical results, which were generated on the basis of archival valuation of companies. Admittedly, except for 2018, which turned out to be extremely unsuccessful, the situation at ChinaTech looks quite good and the outlook is even better. All the more so considering the fact that NASDAQ100 is approaching historical peaks, despite the prevailing economic crisis.

chinatech etoro results

76% of retail investor accounts lose money when trading CFDs with this provider. Consider whether you can afford the high risk of losing your money.


eToro is a multi-asset platform that offers both stock investing and CFD trading.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford the high risk of losing your money.

Past performance is not indicative of future performance. The trading history shown is less than 5 full years and may not be sufficient as a basis for an investment decision.

Copy Trading is not synonymous with investment advice. The value of your investment may go up or down. Your capital is at risk.

eToro USA LLC does not offer CFDs and does not make any representations or be responsible for the accuracy or completeness of the content of this publication, which was prepared by our partner using publicly available information about eToro that is not specific to entities.

What do you think?
I like it
75%
Interesting
25%
Heh ...
0%
Shock!
0%
I do not like
0%
Detriment
0%
About the Author
Paweł Mosionek
Active trader on the Forex market since 2006. Editor of the Forex Nawigator portal and editor-in-chief and co-creator of the ForexClub.pl website. Speaker at the "Focus on Forex" conference at the Warsaw School of Economics, "NetVision" at the Gdańsk University of Technology and "Financial Intelligence" at the University of Gdańsk. Two-time winner of "Junior Trader" - an investment game for students organized by DM XTB. Addicted to travel, motorbikes and skydiving.
Comments

Leave a Response