CSI China Internet Tracking Index is CSI Overseas China Internet 50 Index, which mainly selects 50 Internet companies listed overseas as sample stocks, and adopts free market value weighted calculation.
The trend of China Unicom is greatly influenced by these constituent stocks (especially Alibaba and Tencent), but its risk is lower than these constituent stocks. Investors buy China Unicom, which is equivalent to indirectly investing in these constituent stocks.
Before talking about China-Europe interconnection, we must first understand what China-Europe stocks are.
China stock market, the full name is China concept stock ticket.
Judging from the literal meaning of this word, it is certain that this word is not produced in Chinese mainland.
Because how can the mainland call itself the "China concept"?
Indeed, this word originated in China and Hongkong.
At that time, many mainland enterprises went public in Hong Kong. For Hong Kong investors, these companies are "Mainland concept" and "China concept".
Later, more companies went public in the United States. For the American people, these companies were even more "China concept".
The word "China Stock Exchange" has slowly evolved for decades. The main usage now refers to: China enterprises go to stock markets other than A shares.
What is "China-China interconnection"?
Many China stocks are Internet companies.
For example, Alibaba, Tencent, Meituan and so on.
Take out the Internet companies in China Stock Exchange separately and get an index, which is called the Internet Index.
Then, a fund said, I'm going to send a fund to track this Internet index. The name of this fund is: China is almost through ~