Roundhill China Dragons ETF (DRAG) Launches with Focus on Leading Tech Stocks

A new Exchange-Traded Fund (ETF), the Roundhill China Dragons ETF (DRAG, Financial), has been launched to capture the performance of China's leading large-cap companies. The fund tracks an equal-weight basket of 5 to 10 of China's largest and most innovative tech companies, currently including Tencent (TCEHY), Pinduoduo (PDD), Alibaba (BABA), Meituan (MPNGY), BYD (BYDDY), Xiaomi (XIACY), JD.com (JD), Baidu (BIDU), and NetEase (NTES).At market close, the ETF rose by 0.6%, ending at $25.14. According to Round ...