[Net Asset Value]: QDPL's price is closely tied to the net asset value (NAV) of its underlying portfolio, reflecting the market value of its holdings.

[Supply and Demand]: Like any ETF, QDPL's price fluctuates based on buying and selling pressure in the market. High demand can drive the price above NAV, while increased selling can push it below.

[Underlying Asset Performance]: The performance of the assets held by QDPL, specifically Chinese stocks, directly impacts its price. Positive performance leads to price increases, and negative performance to decreases.

[Currency Exchange Rates]: As QDPL invests in foreign assets, currency exchange rates between the US dollar and the Chinese yuan affect its US dollar-denominated price. A stronger yuan increases the value.

[Market Sentiment]: Overall investor sentiment towards China, emerging markets, and specific sectors tracked by the fund can influence QDPL's price, regardless of fundamental factors.

[Expense Ratio and Management Fees]: The ETF's expense ratio and management fees, while relatively stable, impact the overall return to investors and can indirectly affect demand and price.

[Index Tracking Error]: Imperfect tracking of the underlying index can cause QDPL's performance to deviate slightly, potentially affecting its price relative to the theoretical index value.

[Geopolitical Events]: Political and economic events in China or globally that affect Chinese companies can lead to volatility and fluctuations in QDPL's price.

[Regulatory Changes]: Changes in regulations affecting Chinese companies or foreign investment in China can significantly affect the sentiment and performance of related stocks, impacting QDPL.