eToro Launches New ChinaTech Portfolio

Multi-asset trading platform eToro has launched a new ChinaTech portfolio, giving retail investors access to Chinese companies who are leading the way in technological developments such as artificial intelligence, autonomous driving, electronics and e-commerce, the firm announced today.

Headquartered in London, Limassol, and Tel Aviv, eToro focuses on providing financial and copy trading services. The firm has registered offices in Cyprus, Israel, the UK, the US, and Australia.

With the largest population on earth, China is set to overtake the US by becoming the number one economy by GDP in 2030. China’s technological advances are challenging the US as the world leader, and it has already overtaken the Western power in the e-commerce and mobile payments sectors.

The ChinaTech portfolio comprises 30 companies, representing China’s leading technology businesses with a small allocation to international companies for whom a large proportion of their revenue comes from China, according to eToro.

Investing in the forefront of tech development

“Over the last decade, China has emerged as a technological superpower and leads the way in e-commerce, artificial intelligence, robotics, and autonomous driving. This new portfolio gives retail investors the opportunity to invest in companies that are at the forefront of tech development. Our growing range of thematic portfolios enables people to invest in ideas they understand and believe in, ranging from renewable energy to gaming and now the Chinese technology sector,” Yoni Assia, CEO and co-founder of eToro, said in a statement.

The company noted that clients could invest in the ChinaTech portfolio from as little as $2,000 USD. Companies included in the portfolio are Baidu, Alibaba, Intel Corp, Pinduoduo, Tal Education, Bilibili, Meituan Dianping, and Tencent. eToro’s investment office will review and rebalance the portfolio as necessary.

(Photo: pxfuel)

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