Loading...
Loading...
Less than three weeks shy of its second birthday, the Global X China ETF
CHIB is changing things up a bit. Global X is changing the name of the ETF to the Global X NASDAQ China Technology ETF and moving the ETF to the Nasdaq from the NYSE.
The ETF's new Nasdaq ticker will be “QQQC.” The Global X NASDAQ China Technology ETF will track the NASDAQ OMX China Technology Index rather than the Solactive China Technology Index, which the ETF currently tracks. Both indexes are float adjusted modified market-capitalization.
Global X said the changes are expected to take place on or around Dec. 15.
“We are pleased to be pairing with NASDAQ OMX, a recognized leader in the development of technology indexes, to reintroduce this product into the market,” said Bruno del Ama, CEO of Global X Funds.
CHIB currently has $4.4 million in assets under management. Top-10 holdings include Baidu
BIDU, China Mobile
CHL, Netease
NTES, Ctrip.com
CTRP and China Unicom
CHU.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Posted In: NewsSector ETFsNew ETFsEmerging Market ETFsGlobalAfter-Hours CenterMarketsTechTrading IdeasETFsBruno del AmaGlobal X Funds
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in