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. It is non-diversified.
High and low price notable news
The average weekly price growth across all stocks in the iShares MSCI China Multisector Tech ETF ETF was 6%. For the same ETF, the average monthly price growth was 27%, and the average quarterly price growth was -6%. PDD experienced the highest price growth at 6%, while PDD experienced the biggest fall at 6%.