Tiger Brokers fund to track Chinese US internet firms
By Shi Jing in Shanghai | China Daily | Updated: 2018-11-14 07:29
Chinese brokerage and fintech firm Tiger Brokers announced on Monday its exchange-traded fund successfully listed on the Nasdaq, tracking leading internet companies' growth in both China and the United States.
The ETF, with the code TTTN, is the first of its kind and tracks the Nasdaq China US Internet Tiger Index, which was unveiled in late October.
The index mainly measures the performance of 20 stocks in internet-related businesses, including the top 10 publicly traded Chinese internet companies, such as Alibaba and Tencent, as well as their 10 largest listed United States counterparts, such as Amazon and Google's parent company Alphabet.
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