An ETF that tracks the 30 largest Hong Kong-listed tech companies—think a basket of Chinese internet, fintech, and cloud firms you buy like a single stock.
Revenue USD 0.14B (2017), growing from USD 0.10B (2015). Gross margin 33.72%, net margin 2.88%—thin profits because ETFs are low-margin pass-throughs; money comes from management fees on assets under management, not the underlying companies' earnings.
None. ETFs are commodity wrappers; Vanguard, iShares, and other providers offer competing Hong Kong tech trackers with identical holdings. Switching costs are zero and fees are the only differentiator.
