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Profit from 5 China Tech Stocks Racing Ahead of U.S. Peers

This year’s spectacular run of gains for the markets have been powered largely by tech stocks. Recently, major tech names suffered grievous losses, primarily due to concerns about exorbitant valuations. However, a spate of strong earnings numbers have put paid to most of these doubts.

But such gains pale in comparison to those notched up by their counterparts in China. Not only have such gains been considerably higher, in some cases they have been nearly twice as much. This is why investors looking for handsome profits would do well to look at options from China when shopping for high performing tech investments.

China’s Tech Stocks Race Ahead of U.S. Counterparts

The enormity of the gap between the gains made by U.S. tech stocks and their China counterparts is visible from the performance of the KraneShares CSI China Internet ETF KWEB. One of the most popular options among investors looking to obtain exposure to China’s tech sector, the fund has gained 56.3% year to date.

Meanwhile, the Guggenheim China Technology ETF CQQQ has moved up 45.5% so far this year. Both ETFs have broken multiple records in the course of their winning run.

Lagging these two leading performers is the Global X NASDAQ China Technology ETF QQQC, which has gained 26.4% year to date. However, even this ETF has surpassed the...