Notable companies
The most notable companies in this group are PDD Holdings (NASDAQ:PDD).
Industry description
The investment seeks to track the investment results of the MSCI China Technology Sub-Industries Select Capped Index composed of Chinese equities in technology and technology-related industries.
The fund generally will invest at least 80% of its assets in the component securities of its index and in investments that have economic characteristics that are substantially identical to the component securities of its index.
High and low price notable news
The average weekly price growth across all stocks in the iShares MSCI China Multisector Tech ETF ETF was -3%. For the same ETF, the average monthly price growth was 6%, and the average quarterly price growth was -23%. PDD experienced the highest price growth at -2%, while PDD experienced the biggest fall at -2%.