Invesco China Technology ETF (CQQQ)
| Assets | $3.04B |
| Expense Ratio | 0.65% |
| PE Ratio | 26.29 |
| Shares Out | 55.15M |
| Dividend (ttm) | $0.11 |
| Dividend Yield | 0.20% |
| Ex-Dividend Date | Dec 23, 2024 |
| Payout Frequency | Annual |
| Payout Ratio | 5.16% |
| Volume | 832,453 |
| Open | 54.86 |
| Previous Close | 56.05 |
| Day's Range | 54.36 - 55.08 |
| 52-Week Low | 35.62 |
| 52-Week High | 61.20 |
| Beta | 0.45 |
| Holdings | 164 |
| Inception Date | Dec 8, 2009 |
About CQQQ
Fund Home PageThe Invesco China Technology ETF (CQQQ) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks a cap-weighted index of investable Chinese technology stocks. CQQQ was launched on Dec 8, 2009 and is issued by Invesco.
Top 10 Holdings
55.68% of assets| Name | Symbol | Weight |
|---|---|---|
| Tencent Holdings Limited | 0700 | 9.72% |
| PDD Holdings Inc. | PDD | 9.65% |
| Meituan | 3690 | 8.34% |
| Baidu, Inc. | 9888 | 7.24% |
| Kuaishou Technology | 1024 | 5.68% |
| Horizon Robotics | 9660 | 3.73% |
| Bilibili Inc. | BLBLF | 3.30% |
| SenseTime Group Inc Class B | 20.HK | 3.04% |
| Hua Hong Semiconductor Limited | 1347 | 2.54% |
| Sunny Optical Technology (Group) Company Limited | 2382 | 2.44% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 23, 2024 | $0.11056 | Dec 27, 2024 |
| Dec 18, 2023 | $0.19674 | Dec 22, 2023 |
| Dec 19, 2022 | $0.03309 | Dec 23, 2022 |
| Dec 21, 2020 | $0.38588 | Dec 31, 2020 |
| Dec 23, 2019 | $0.00525 | Dec 31, 2019 |
| Dec 24, 2018 | $0.1696 | Dec 31, 2018 |
Performance
CQQQ had a total return of 31.03% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.05%.
News
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China ETFs' Paradox: Winning But Ignored in 2025
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CQQQ: Analysis Of Bottoms In A Bullish Scenario
Invesco China Technology ETF is under pressure due to US-China tech tensions, but its holdings may not be the real losers. CQQQ focuses on large-cap Chinese tech, with a growth profile and higher valu...
China's Flow-Driven Equity Rally May Have Further Upside
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Should EM Investors Trim or Retain Their China Exposure?
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Tekne's Kothari shares his bull case for Chinese equities
Beeneet Kothari, Tekne Capital Management, talks the bull case for several Chinese equities including: DiDi, GDS, Kanzhun and more.
APAC Equities: The Sensitivity To Oil Prices
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CQQQ: Waiting For China's Tech Revival
The Invesco China Technology ETF provides diversified exposure to China's tech sector, aligning with national priorities in AI, digital consumption, and hardware innovation. Despite strong 1-year retu...
CQQQ: More Questions Than Answers In China Tech
I have a hold rating on CQQQ due to its mixed technicals, high valuation, and exposure to US-China tensions despite some accumulation by large investors. CQQQ has underperformed FXI but is trending sl...
The Stocks And ETFs Driving Trump's Tariff Target Markets
Trump's tariffs cause short-term volatility, but long-term market impact is minimal; earnings remain the key focus for investors. The three countries in questions are Canada, China, and Mexico. This b...
CQQQ: Time To Throw The Towel In On China (Rating Downgrade)
The Invesco China Technology ETF is undervalued compared to U.S. peers but faces significant macroeconomic and geopolitical challenges, limiting its performance potential. Chinese tech companies have ...
Hang Seng Index: Transforming Into A Medium-Term Bearish Trend Despite Improving Services PMI From China
Sentiment remains fragile in China and Hong Kong stock market even China services activities have improved in December. Weak market breadth and a persistent bearish trend of the Chinese yuan since Nov...
Undercovered ETFs: Nuclear, Uranium, China, India +
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CQQQ: Investors Are Waiting For More Stimulus (Rating Upgrade)
The Chinese economy demonstrates mixed performance, with some positive trends but also significant challenges that need addressing. Additional economic stimulus is necessary to sustain economic growth...
ETFs that buy Chinese stocks struggle lately amid ‘lost faith' in China stimulus
Chinese stocks are under pressure lately, with declines this month eroding gains from the massive rally sparked by China's stimulus announcement in September.
1 Reason To Buy And 2 Reasons To Sell Chinese Stocks
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China's Policy Measures: A Pivotal Week?
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China's Data Dump Shows That Time Is Running Out To Achieve This Year's Growth Target
Data largely came in weaker than already cautious forecasts, and with a less supportive base effect, we will need to see a significant stimulus push to reach this year's growth target. Looking at the ...
Chinese Equities: How Investors Can Unlock The Power Of Dividends
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China's Stalling Credit Market Signals an Era Of Stagnation
The latest figures published by the People's Bank of China show that credit and liquidity are stalling as demand for new loans declines. Deteriorating confidence in China's prospects explains why hous...
China's Key Growth Indicators Continue To Present A Case For Further Policy Easing
Data came in generally in line or slightly weaker than forecasts, as weak confidence continued to depress investment and consumption. New home prices fell by -0.65% MoM in July, compared to a -0.67% M...
The Chinese Economy Is In Trouble, Here Are The Warning Signs
China has been hit with two major crises as their financial and real estate sectors collapse simultaneously. Deflation, unemployment, divestiture, and lowered consumption are affecting all levels of s...
China's Credit Activity Remained Weak In July
New aggregate financing and loans both missed forecasts again in July amid high real interest rates and limited borrowing appetite. New RMB loans fell into contraction at RMB 770.8bn, lowering the yea...
CQQQ: The Best For Chinese Stocks Has Already Happened (Rating Downgrade)
Chinese equities performed well until late May of this year. However, the economic and geopolitical landscape seems to deteriorate for Chinese companies. I downgrade the CQQQ ETF to Sell for now, but ...
China's Sluggish May Economic Data To Increase Calls For Rate Cuts
The People's Bank of China kept the one-year medium-term lending facility rate unchanged at 2.5% today, in line with market expectations. We believe that in conjunction with today's data releases and ...
China Accelerates Policy Support Rollout Amid Mixed Data
Key economic indicators are mixed in China and, in fact, were mostly weaker than expected last month. So, policymakers are now stepping up support for the property sector in particular.
China's May PMI Disappointed As Manufacturing Fell Back Into Contraction
Manufacturing sector PMI fell back into contraction amid weak orders and slowing production. Given a fairly strong positive correlation between the data, the disappointing PMI release sends a warning ...
Thinking Hard About The China Overproduction Narrative
Concerns about “overcapacity” arise primarily for goods linked to high-wage jobs, not for low-wage industries like clothing or toys. China sees its success as a result of a system that blends state co...
CQQQ: A Play On China's Tech Laggards
China has rallied strongly in recent months. But tech stocks have lagged behind. CQQQ's balanced portfolio is a great way to play the tech 'catch up'
PBOC Held Rates Steady In March
The PBOC held the 1-year medium-term lending facility (MLF) rate at 2.5% in March. The PBOC remains on a dovish tilt, but depreciation pressure on the RMB limits room for monetary easing in China befo...
CQQQ: An Unloved Investment Opportunity In Chinese Stocks
Chinese stocks have historically been difficult to earn money from, but recent performance suggests a potential rebound.
Enter The Dragon: Parsing Lunar New Year Opportunities Among Emerging Markets
China and Hong Kong markets had a humbling 2023 with equities down more than 10%. Beijing has also begun stepping up tourism and travel promotions, granting visa-free entry to 11 countries, with Singa...
China: January 2024 CPI Inflation Fell To The Lowest Level Since 2009, Likely To Mark The Bottom
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China Growth Could Slow Amid Limited Policy Options
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China Outlook: Market Rescue Welcomed, But More Needed
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Record January stock-market rally left these ETFs behind. Few are set to bounce.
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The Chinese Stock Bottom May Be Near
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