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ZIYOUZHE

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- ZIYOUZHEZIYOUZHE
  ·2025-09-09
  $蔚来(NIO)$
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- ZIYOUZHEZIYOUZHE
  ·2025-09-05
  $首程控股(00697)$
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- ZIYOUZHEZIYOUZHE
  ·2022-12-13
  $Meta Materials Inc.(MMAT)$
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- ZIYOUZHEZIYOUZHE
  ·2022-04-13
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- ZIYOUZHEZIYOUZHE
  ·2022-04-12
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- ZIYOUZHEZIYOUZHE
  ·2022-03-22
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- ZIYOUZHEZIYOUZHE
  ·2022-03-18
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- ZIYOUZHEZIYOUZHE
  ·2022-03-18
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  Chinese concept Internet ETFs hit the daily limit again. Has an opportunity arisen for Chinese concept stocks?
  中概股终于涨了，多只中概互联ETF连续两日涨停，中概股的机会又回来了？中概股反弹，中概互联ETF也随之上演了大反转。3月17日，广发中证海外中国互联网30ETF、嘉实中证海外中国互联网30ETF再度涨停，易方达中证海外互联ETF涨幅达7.35%。3月16日，上述3只ETF悉数涨停。在中概互联ETF迎来大涨后，投资者更是颇具申购热情。夏浩洋也提醒投资者，近期在场内交易中概互联相关ETF时，需重点关注相关产品的折溢价对投资可能会带来的影响。
  Chinese concept Internet ETFs hit the daily limit again. Has an opportunity arisen for Chinese concept stocks?
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08:59","market":"sh","language":"zh","title":"Chinese concept Internet ETFs hit the daily limit again. Has an opportunity arisen for Chinese concept stocks?","url":"https://stock-news.laohu8.com/highlight/detail?id=2220474040","media":"中证报","summary":"中概股终于涨了，多只中概互联ETF连续两日涨停，中概股的机会又回来了？中概股反弹，中概互联ETF也随之上演了大反转。3月17日，广发中证海外中国互联网30ETF、嘉实中证海外中国互联网30ETF再度涨停，易方达中证海外互联ETF涨幅达7.35%。3月16日，上述3只ETF悉数涨停。在中概互联ETF迎来大涨后，投资者更是颇具申购热情。夏浩洋也提醒投资者，近期在场内交易中概互联相关ETF时，需重点关注相关产品的折溢价对投资可能会带来的影响。","content":"<p><html><head></head><body>Chinese concept stocks finally rose, including many Chinese internet companies.<a href=\"https://laohu8.com/S/PSFF\">Pacer Swan SOS Fund of Funds ETF|ETFs</a>With Chinese concept stocks hitting their daily limit for two consecutive days, are opportunities returning?</p><p>Fund managers believe that internet companies will continue to play a role in the long term and continue to innovate and grow, and high-quality companies among Chinese concept stocks still have a solid fundamental foundation.</p><p><b>Chinese concept Internet ETFs have rebounded sharply for several</b></p><p>In the Hong Kong stock market,<a href=\"https://laohu8.com/S/00700\">Tencent Holdings</a>Meituan rose 23.15% and 6.81% on March 16 and 17, respectively, while Meituan rose 32.08% and 14.57% on March 16 and 17, respectively.<a href=\"https://laohu8.com/S/JD\">JD.com</a>The group rose 35.64% and 18.58% on March 16 and 17, respectively. In the US stock market, Alibaba rose 36.76% on March 16th local time.<a href=\"https://laohu8.com/S/BIDU\">Baidu</a>It rose 39.20%, while JD.com rose 39.36%.<a href=\"https://laohu8.com/S/PDD\">Pinduoduo</a>It surged 56.06%.</p><p>Chinese concept stocks rebounded, and China Internet ETFs also staged a major reversal. On March 17, the GF CSI Overseas China Internet 30 ETF and the Harvest CSI Overseas China Internet 30 ETF hit the daily limit again, while the E Fund CSI Overseas Internet ETF rose by 7.35%. On March 16, all three ETFs hit their daily limit.</p><p>It is worth noting that several China Internet ETFs conceived in the US have experienced discounts. As of the closing on March 17, the discount rate of the GF CSI Overseas China Internet 30 ETF was 9.91%, and the discount rate of the Harvest CSI Overseas China Internet 30 ETF was 9.28%.</p><p>Previously, the net asset value of China Internet ETFs listed in the US had fallen sharply. From March 1 to 15, the GF CSI Overseas China Internet 30 ETF fell by 33.01%, the Harvest CSI Overseas China Internet 30 ETF fell by 32.40%, and the E Fund CSI Overseas Internet ETF fell by 24.45%.</p><p><b>Subscription enthusiasm is high</b></p><p>Although China Concept Internet ETFs have experienced ups and downs recently, investors have always shown a strong preference for them. According to Wind data, as of March 16, the E Fund CSI Overseas Internet ETF has increased its share volume by 8.56 billion units this year, ranking fourth in terms of share volume increase. The GF CSI Overseas China Internet 30 ETF and Harvest CSI Overseas China Internet 30 ETF have increased their share volume by 2.258 billion and 273 million units, respectively.</p><p>Following the surge in China-listed internet ETFs, investors have become even more enthusiastic about subscribing. However, some fund companies have warned of related risks. E Fund Management issued two premium risk warning announcements on March 16 and 17. In its announcement on the 17th, E Fund Management stated that the secondary market trading price of the E Fund CSI Overseas Internet ETF has fluctuated significantly recently. On March 16, the fund's closing price in the secondary market was 0.952 yuan, representing a premium of 25.93% over the fund's reference net asset value per unit (IOPV) on that day. Investors are hereby advised to pay attention to the risk of price premiums in the secondary market. Investing blindly may result in significant losses.</p><p>High-quality Chinese concept stocks have solid fundamentals.</p><p>After the previous adjustments, have Chinese concept stocks ushered in good investment opportunities?</p><p>Harvest Fund stated that the sharp decline in Chinese concept stocks due to external factors such as international geopolitical conflicts was somewhat accidental. From an investment perspective, technology growth stocks, represented by Chinese concept stocks, are relatively volatile, and emerging markets are more volatile than developed markets, while offshore markets are also more volatile than onshore markets. Overall, the current decline in the stock prices of Chinese concept stocks is affected by news and sentiment trading, but high-quality companies still have a solid fundamental foundation and are not closely related to valuation itself. Harvest Fund believes that when the market is adjusting, many irrational voices or emotions will always emerge, especially adjustments and fluctuations caused by unexpected factors, which are just twists and turns on the long-term positive road. I believe this situation will not last long, and I remain confident in the high-quality companies among them.</p><p>A fund manager pointed out that in 2021, a series of policies were introduced globally for the internet industry, mainly focusing on areas such as anti-monopoly, data security, and personal privacy protection. Looking ahead to 2022, against the backdrop of stabilizing growth and emphasizing the important role of the digital economy, the domestic policy framework for the Internet industry is gradually becoming clearer. Future regulation will be more of a systematic and normalized process, which is an important guarantee for the healthy development of the industry. Reflected in stock prices, the valuations of internet companies have been significantly reduced. In terms of performance, internet companies faced pressure in 2021 due to factors such as constraints on consumption caused by the pandemic and business restructuring under regulatory policies. After more than a decade of rapid development, the internet industry as a whole has entered the late stage of growth, and its long-term valuation center is expected to decline. As leading internet companies mature, their performance stability is expected to increase, and their performance will be more resilient.</p><p>Xia Haoyang, fund manager of the GF CSI Overseas China Internet 30 ETF, also said that the impact of the Foreign Company Accountability Law on Chinese concept stocks is relatively limited. Currently, the Chinese concept internet sector has entered a period of macroeconomic and performance dominance, and its future trend should focus on the performance recovery. In the long run, as an important infrastructure for the national economy and people's livelihood, internet companies will continue to play a role and innovate and grow, whether it is the digital economy that will be advocated for a long time in the future or the future trend of the metaverse industry.</p><p>Xia Haoyang also reminded investors that when trading China Internet-related ETFs on the exchange recently, they should pay close attention to the potential impact of the discounts and premiums of related products on their investments.</p><p></body></html></p>","source":"sina_symbol","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese concept Internet ETFs hit the daily limit again. Has an opportunity arisen for Chinese concept stocks?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese concept Internet ETFs hit the daily limit again. Has an opportunity arisen for Chinese concept stocks?\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">中证报</strong><span class=\"h-time small\">2022-03-18 08:59</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>Chinese concept stocks finally rose, including many Chinese internet companies.<a href=\"https://laohu8.com/S/PSFF\">Pacer Swan SOS Fund of Funds ETF|ETFs</a>With Chinese concept stocks hitting their daily limit for two consecutive days, are opportunities returning?</p><p>Fund managers believe that internet companies will continue to play a role in the long term and continue to innovate and grow, and high-quality companies among Chinese concept stocks still have a solid fundamental foundation.</p><p><b>Chinese concept Internet ETFs have rebounded sharply for several</b></p><p>In the Hong Kong stock market,<a href=\"https://laohu8.com/S/00700\">Tencent Holdings</a>Meituan rose 23.15% and 6.81% on March 16 and 17, respectively, while Meituan rose 32.08% and 14.57% on March 16 and 17, respectively.<a href=\"https://laohu8.com/S/JD\">JD.com</a>The group rose 35.64% and 18.58% on March 16 and 17, respectively. In the US stock market, Alibaba rose 36.76% on March 16th local time.<a href=\"https://laohu8.com/S/BIDU\">Baidu</a>It rose 39.20%, while JD.com rose 39.36%.<a href=\"https://laohu8.com/S/PDD\">Pinduoduo</a>It surged 56.06%.</p><p>Chinese concept stocks rebounded, and China Internet ETFs also staged a major reversal. On March 17, the GF CSI Overseas China Internet 30 ETF and the Harvest CSI Overseas China Internet 30 ETF hit the daily limit again, while the E Fund CSI Overseas Internet ETF rose by 7.35%. On March 16, all three ETFs hit their daily limit.</p><p>It is worth noting that several China Internet ETFs conceived in the US have experienced discounts. As of the closing on March 17, the discount rate of the GF CSI Overseas China Internet 30 ETF was 9.91%, and the discount rate of the Harvest CSI Overseas China Internet 30 ETF was 9.28%.</p><p>Previously, the net asset value of China Internet ETFs listed in the US had fallen sharply. From March 1 to 15, the GF CSI Overseas China Internet 30 ETF fell by 33.01%, the Harvest CSI Overseas China Internet 30 ETF fell by 32.40%, and the E Fund CSI Overseas Internet ETF fell by 24.45%.</p><p><b>Subscription enthusiasm is high</b></p><p>Although China Concept Internet ETFs have experienced ups and downs recently, investors have always shown a strong preference for them. According to Wind data, as of March 16, the E Fund CSI Overseas Internet ETF has increased its share volume by 8.56 billion units this year, ranking fourth in terms of share volume increase. The GF CSI Overseas China Internet 30 ETF and Harvest CSI Overseas China Internet 30 ETF have increased their share volume by 2.258 billion and 273 million units, respectively.</p><p>Following the surge in China-listed internet ETFs, investors have become even more enthusiastic about subscribing. However, some fund companies have warned of related risks. E Fund Management issued two premium risk warning announcements on March 16 and 17. In its announcement on the 17th, E Fund Management stated that the secondary market trading price of the E Fund CSI Overseas Internet ETF has fluctuated significantly recently. On March 16, the fund's closing price in the secondary market was 0.952 yuan, representing a premium of 25.93% over the fund's reference net asset value per unit (IOPV) on that day. Investors are hereby advised to pay attention to the risk of price premiums in the secondary market. Investing blindly may result in significant losses.</p><p>High-quality Chinese concept stocks have solid fundamentals.</p><p>After the previous adjustments, have Chinese concept stocks ushered in good investment opportunities?</p><p>Harvest Fund stated that the sharp decline in Chinese concept stocks due to external factors such as international geopolitical conflicts was somewhat accidental. From an investment perspective, technology growth stocks, represented by Chinese concept stocks, are relatively volatile, and emerging markets are more volatile than developed markets, while offshore markets are also more volatile than onshore markets. Overall, the current decline in the stock prices of Chinese concept stocks is affected by news and sentiment trading, but high-quality companies still have a solid fundamental foundation and are not closely related to valuation itself. Harvest Fund believes that when the market is adjusting, many irrational voices or emotions will always emerge, especially adjustments and fluctuations caused by unexpected factors, which are just twists and turns on the long-term positive road. I believe this situation will not last long, and I remain confident in the high-quality companies among them.</p><p>A fund manager pointed out that in 2021, a series of policies were introduced globally for the internet industry, mainly focusing on areas such as anti-monopoly, data security, and personal privacy protection. Looking ahead to 2022, against the backdrop of stabilizing growth and emphasizing the important role of the digital economy, the domestic policy framework for the Internet industry is gradually becoming clearer. Future regulation will be more of a systematic and normalized process, which is an important guarantee for the healthy development of the industry. Reflected in stock prices, the valuations of internet companies have been significantly reduced. In terms of performance, internet companies faced pressure in 2021 due to factors such as constraints on consumption caused by the pandemic and business restructuring under regulatory policies. After more than a decade of rapid development, the internet industry as a whole has entered the late stage of growth, and its long-term valuation center is expected to decline. As leading internet companies mature, their performance stability is expected to increase, and their performance will be more resilient.</p><p>Xia Haoyang, fund manager of the GF CSI Overseas China Internet 30 ETF, also said that the impact of the Foreign Company Accountability Law on Chinese concept stocks is relatively limited. Currently, the Chinese concept internet sector has entered a period of macroeconomic and performance dominance, and its future trend should focus on the performance recovery. In the long run, as an important infrastructure for the national economy and people's livelihood, internet companies will continue to play a role and innovate and grow, whether it is the digital economy that will be advocated for a long time in the future or the future trend of the metaverse industry.</p><p>Xia Haoyang also reminded investors that when trading China Internet-related ETFs on the exchange recently, they should pay close attention to the potential impact of the discounts and premiums of related products on their investments.</p><p></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://cj.sina.cn/article/normal_detail?url=https://finance.sina.com.cn/money/fund/2022-03-17/doc-imcwiwss6659045.shtml\">中证报</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/468fad6959bf869d187e8f577559a4ab","relate_stocks":{"159729":"互联ETF","QNETCN":"纳斯达克中美互联网老虎指数","TTTN":"老虎中美互联网巨头ETF"},"source_url":"https://cj.sina.cn/article/normal_detail?url=https://finance.sina.com.cn/money/fund/2022-03-17/doc-imcwiwss6659045.shtml","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2220474040","content_text":"中概股终于涨了，多只中概互联Pacer Swan SOS Fund of Funds ETF|ETF连续两日涨停，中概股的机会又回来了？基金经理认为，互联网企业仍将长期发挥作用并持续创新成长，中概股中的优质公司仍有坚实的基本面基础。中概互联ETF连续大反弹港股市场上，腾讯控股3月16日和17日分别上涨23.15%和6.81%，美团3月16日和17日分别上涨32.08%和14.57%，京东集团3月16日和17日分别上涨35.64%和18.58%。美股市场上，当地时间3月16日，阿里涨36.76%，百度涨39.20%，京东涨39.36%，拼多多更是大涨56.06%。中概股反弹，中概互联ETF也随之上演了大反转。3月17日，广发中证海外中国互联网30ETF、嘉实中证海外中国互联网30ETF再度涨停，易方达中证海外互联ETF涨幅达7.35%。3月16日，上述3只ETF悉数涨停。值得注意的是，多只中概互联ETF都出现了折价，截至3月17日收盘，广发中证海外中国互联网30ETF折价率为9.91%，嘉实中证海外中国互联网30ETF折价率为9.28%。此前，中概互联ETF净值大幅下跌，3月1日-15日，广发中证海外中国互联网30ETF下跌33.01%，嘉实中证海外中国互联网30ETF下跌32.40%，易方达中证海外互联ETF下跌24.45%。申购热情高涨虽然中概互联ETF近来起起伏伏，但投资者历来对中概互联ETF青睐有加。Wind数据显示，截至3月16日，今年以来易方达中证海外互联ETF份额增加85.60亿份，是今年份额增加排名第4的ETF，广发中证海外中国互联网30ETF和嘉实中证海外中国互联网30ETF份额分别增加22.58亿份和2.73亿份。在中概互联ETF迎来大涨后，投资者更是颇具申购热情。不过也有基金公司提示了相关风险。易方达基金在3月16日和17日连发两份溢价风险提示公告。在17日的公告中，易方达基金表示，近期，易方达中证海外互联ETF二级市场交易价格波动较大。3月16日，基金在二级市场的收盘价为0.952元，相对于当日的基金份额参考净值（IOPV）溢价幅度达到25.93%。特此提示投资者关注二级市场交易价格溢价风险，如果盲目投资，可能遭受重大损失。优质中概股有坚实基本面基础经过前期的调整，中概股是否迎来了较好的投资机会？嘉实基金表示，受国际地缘冲突等外部因素影响，此前中概股出现大幅下跌，具有一定偶然性。从投资角度来看，中概股为代表的科技成长股的波动本身相对比较大，而且新兴市场波动大于发达市场，离岸市场的波动也高于在岸市场。整体来看，当下中概股的股价下跌受消息面和情绪交易面的影响，但优质公司仍有坚实的基本面基础，与估值本身关系不大。嘉实基金认为，当市场在调整的时候，总是会出现很多非理性的声音或情绪，尤其是因为偶发因素造成的调整与波动，只是长期向好路上的波折。相信这种状态并不会持续很长时间，对其中优质的公司还是很有信心。一位基金经理指出，2021年，全球对互联网行业的政策密集出台，主要集中在反垄断、数据安全、个人隐私保护等领域。展望2022年，在稳增长和强调数字经济重要作用的大背景下，国内针对互联网行业的政策脉络逐渐明朗，未来的监管更多是系统化、常态化的过程，是行业健康发展的重要保证。反应到股价上，互联网公司的估值大幅下调。业绩方面，受疫情对消费的制约、监管政策下业务结构调整等因素影响，互联网公司在2021年业绩承压。经过10多年的快速发展，互联网行业整体进入成长阶段后期，长期估值中枢预计会有所回落。步入成熟期后，头部互联网公司业绩稳定性有望增强，业绩也更具韧性。广发中证海外中国互联网30ETF基金经理夏浩洋也表示，《外国公司问责法》对于中概股的影响相对有限，当前中概互联板块步入宏观经济和业绩主导期，未来走势可重点关注业绩修复情况。长期来看，互联网作为国计民生的重要基础设施，无论是未来将长期倡导的数字经济，还是面向未来的元宇宙产业趋势，互联网企业仍将长期发挥作用并持续创新成长。夏浩洋也提醒投资者，近期在场内交易中概互联相关ETF时，需重点关注相关产品的折溢价对投资可能会带来的影响。","news_type":1,"symbols_score_info":{"159729":1,"QNETCN":1,"TTTN":1}},"isVote":1,"tweetType":1,"viewCount":4716,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}