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China Internet ETF is a transactional open index fund (ETF). It selects China Internet companies listed on overseas exchanges as sample stocks, and uses free market value weighted calculation to reflect the investment opportunities of well-known China Internet companies listed on overseas exchanges.China Internet ETF provides investors with a convenient and low-cost investment channel, enabling them to participate in the development of the Internet industry in China, especially for domestic investors who cannot directly invest in overseas markets. This is an important investment tool.In recent years, due to the game between China and the United States, China Stock Exchange faces some challenges, including audit compliance issues and potential delisting risks, which also affects the market performance and investor sentiment of China Stock Exchange. However, many Chinese stock companies are also actively seeking solutions, such as secondary listing in Hong Kong, to reduce their dependence on a single market. Therefore, Hong Kong stocks can be regarded as Chinese stocks, and many ETFs are both.

On November 22nd, the 11th world internet conference Wuzhen Summit ended successfully. The event attracted the participation of more than 1,800 experts from more than 130 countries, and the "next decade" of the Internet industry will remain a global concern.I. BackgroundChina Internet ETF is a transactional open index fund (ETF). It selects China Internet companies listed on overseas exchanges as sample stocks, and uses free market value weighted calculation to reflect the investment opportunities of well-known China Internet companies listed on overseas exchanges.

At the end of the day, Hong Kong stocks rose sharply, with the Hang Seng Technology Index rising more than 4% and the Hang Seng Index rising 2%. FTSE China A50 index futures rose sharply, once rising by more than 4%. Brokerage stocks of Hong Kong stocks strengthened in late trading, with China Merchants Securities rising over 13%, Everbright Securities and CITIC Securities rising over 7%, CITIC Jiantou Securities rising over 6%, CICC and china galaxy rising over 5%.This shows that China has changed its monetary policy stance for the first time in more than ten years, from "moderate" to "moderately loose". This policy adjustment aims to boost consumption, improve investment efficiency and expand domestic demand in all directions. At the same time, it also indicates that China will probably take greater measures to cut interest rates and lower the RRR to support economic growth.On-site ETF funds can be purchased through brokerage trading app, and there is no need to open the Hong Kong Stock Connect authority. As an on-site ETF fund, brokerage commission is mainly considered when trading, and other reference rates are mainly management fees for fund operation and bank custody fees.