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Is China Internet a Hong Kong stock or a US stock?

There are both US stocks and Hong Kong stocks.

China Unicom refers to China Internet companies listed overseas, such as Alibaba, Tencent Holdings, Baidu, JD.COM, Meituan Dianping, Ctrip, Netease and Pinduoduo.

In China, China-Europe Interconnection generally refers to funds. The fund codes are 5135(ETF Fund) and 16496(LOF Fund), which belong to on-market funds and are traded on the stock exchange. They track the CSI Overseas China Internet 5 Index.

refers to China enterprises listed overseas, and interconnection refers to Internet software and services, home entertainment software, Internet retail, mobile mutual benefit network and Internet services. China almost Internet is the 5ETF fund of E Fund, with the fund code of 5135, and its fund tracking index is the CSI Overseas China Internet 5 RMB Index.

CSI Overseas China Internet 5 RMB Index is a sample stock of 5 China Internet companies listed in overseas transactions, which is weighted by free market value and mainly reflects the investment opportunities of China enterprises listed in overseas exchanges. The two largest stocks in this index are Tencent Holdings and Alibaba.

The latest positions of China Unicom: Tencent Holdings holds 26.67%, Alibaba holds 25.97%, Meituan -W holds 13.31%, Pinduoduo holds 4.19%, JD.COM holds 3.94%, Baidu holds 3.79%, Xiaomi Group holds 3.67% and Netease holds 2.44%.

From the positions, we can know that Tencent Holdings and Alibaba alone occupy a large number of positions, so it can be said that Tencent Holdings and Alibaba have a great influence on the rise and fall of the fund. In addition, China Unicom belongs to the on-site fund, but there are also off-site funds. The off-site fund is E Fund's overseas connection to RMB, and citizens who do not have stock accounts can invest in the fund.