
The China Terrific 10 basket features Chinas largest companies by market cap, including Alibaba, Tencent, Meituan, and Xiaomi. The launch of affordable AI tech by DeepSeek in 2025 has sparked a new wave of AI investment, which is expected to benefit top Chinese firms. Supporting this momentum, China has planned a 1 trillion yuan ($138 billion) state-backed fund to boost innovation in AI, quantum tech, and hydrogen energy over the next 20 years, further providing a runway for top Chinese companies to rally. It is also worth noting that many of the leading Chinese growth stocks in the basket still appear fairly cheap compared to their U.S. counterparts. Alibabas P/E is only 11.4x, while Amazon trades at 29.5x. Tencent trades for about 16.8x, while Meta Platforms is valued at 22x. Electric-car maker BYD sports a multiple of 19x—well below Teslas P/E of nearly 172 times. Over the past 5 years, the basket generated an annualized return of 6.8% compared to Hang Seng returns of -2.8%.
Day | Trading hours |
Mon | 5:30-12:00 |
Tue | 5:30-12:00 |
Wed | 5:30-12:00 |
Thur | 5:30-12:00 |
Fri | 5:30-12:00 |
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Trading hours shown in UAE local time, please check under product overview for more details
Component | Initial Weighting |
Alibaba Group Holding Ltd | 15.0% |
Tencent Holdings Ltd | 15.0% |
Meituan | 7.05% |
Xiaomi Corp | 15.00% |
BYD Co Ltd | 14.01% |
JD.com Inc | 6.78% |
NetEase Inc | 7.00% |
Baidu Inc | 6.68% |
Geely Automobile Holdings Ltd | 6.63% |
Semiconductor Manufacturing International Corp | 6.84% |
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Review under Share Basket Disruption Event and Share Basket Rebalancing.