Global X unveils four China-focused ETFs

Clean energy and biotech

Global X ETFs has launched four China-focused ETFs, concentrating on electric vehicles and batteries, clean energy, cloud computing and biotech.

The four funds are the Global X China Electric Vehicle and Battery UCITS ETF (CAUT), the Global X China Clean Energy UCITS ETF (CCLN), the Global X China Cloud Computing UCITS ETF (CCLD) and the Global X China Biotech UCITS ETF (CBI0). Launched on the London Stock Exchange, the funds aim to take advantage of the economic boost from China's reopening following its zero-Covid policy. Stock Spotlight: Prudential looks to China's reopening to ensure future potential Global X also argued China was playing "an increasingly important role" in areas such as cloud computing and biotechnolog...