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CWEB

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    0.1242$
  • Previous Close
    0.1242$
  • 52 Week Change
    0.15$
  • Day Range
    0.00$
  • 52 Week High/Low
    0.08$ - 0.23$
  • Dividend Per Share
    --
  • Market cap
    19 892 K$
  • EPS
    -0.0549
  • Beta
    2.607
  • Volume
    --

About

CWEB.TO is a Canadian-listed exchange-traded fund (ETF) managed by Horizons ETFs Management (Canada) Inc. It tracks the performance of the Solactive China Internet & E-Commerce Index. This index is designed to provide exposure to the leading China-based companies that are involved in internet and e-commerce related businesses. Investors utilize CWEB.TO to gain access to a basket of Chinese internet stocks through a single, easily tradable security on the Toronto Stock Exchange. Because it is an ETF, it offers diversification across various companies within the specified sector.
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Factors

S&P 500 Index Performance: CWEB.TO aims to provide investment results that, before fees and expenses, correspond to the price and yield performance of the Solactive China Technology Index, which is closely related to China's tech companies listed in the US. Therefore, overall performance of the S&P 500 will impact CWEB.

US-China Relations: Geopolitical tensions, trade policies, and regulatory changes between the US and China directly impact the valuation of Chinese technology companies which influences CWEB's stock price.

Chinese Economy: Economic growth, regulatory policies, and market sentiment within China significantly affect the profitability and growth prospects of the underlying companies in the Solactive China Technology Index, thereby driving CWEB's price.

Regulatory Risks in China: Government regulations, especially concerning technology companies in China, are prone to change frequently and significantly. These regulatory changes can impact growth prospects and affect investor sentiment toward the technology sector in China, thereby impacting CWEB.

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