However, by buying this ETF, SYON might be taking a more cautious and diversified approach. Tencent is the largest holding at 17.9% followed by Alibaba at 11.9%. Of the 565 holdings in the ETF, no other positions make up more than 3.5% of the ETF's holdings.In purchasing more shares of the MSCI China ETF, SYON Capital seems to have become more cautiously optimistic about China. This follows the lead of other investment management firms such as Cathie Wood's ARK Invest, which recently bought Alibaba for the ...