What kind of fund is China Unicom?
The full name of China Universal Internet is E Fund China Universal Internet 50ETF. As the name implies, it is an ETF fund, and the index it tracks is the CSI Overseas China Internet 50 RMB Index. The CSI Overseas China Internet 50 Index selects 50 China Internet companies listed on overseas exchanges as sample stocks, weighted by the market value of free circulation, and reflects the investment opportunities of well-known China Internet companies listed on overseas exchanges.
China Unicom is the QDII fund first. QDII fund refers to a securities investment fund established in a country and approved by the relevant departments of the country to engage in securities business such as stocks and bonds in overseas securities markets. The significance of China-Europe interconnection is the Sino-European stock in the Internet field. CEIBS shares refer to the shares issued by overseas listed companies whose main business is in China. For example, Tencent Holdings and Alibaba.
China Unicom also has corresponding OTC funds. The OTC fund is called E Fund CSI Overseas Connect RMB A(006327), and investors without stock accounts can invest through this OTC fund.