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CXSE targets broad China equity exposure while explicitly screening out state-owned enterprises (SOEs), defined here as companies with more than 20% government ownership.
It passively tracks a modified, float-adjusted market-cap-weighted index, using representative sampling to mirror the index’s risk/return profile.
The portfolio is built mostly from China-related listings in Hong Kong and the US, with limited mainland China A-share access via Stock Connect.
You’re buying a basket of Chinese stocks that are mostly private-sector companies, not government-controlled giants. Most shares trade in Hong Kong or the US, with some mainland China A-shares included through a market-access program.
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Showing the largest holdings by weight in CXSE
| Logo | Ticker | ETF Weight | Market Value | |
|---|---|---|---|---|
07 | 0700.HK Tencent Holdings Ltd | Tencent Holdings Ltd | 8.34% | $41.8M |
99 | 9988.HK Alibaba Group Holding Ltd | Alibaba Group Holding Ltd | 7.88% | $39.5M |
30 | 300750.SZ Contemporary Amperex Techn-A | Contemporary Amperex Techn-A | 4.98% | $25.0M |
60 | 601318.SS Ping An Insurance Group Co of China | Ping An Insurance Group Co of China | 2.51% | $12.6M |
PD | PDD PDD Holdings Inc. | PDD Holdings Inc. | 2.46% | $12.4M |
30 | 300308.SZ ZHONGJI INNOLIGHT CO LTD-A | ZHONGJI INNOLIGHT CO LTD-A | 2.46% | $12.4M |
18 | 1810.HK Xiaomi Corp-Class B | Xiaomi Corp-Class B | 2.36% | $11.9M |
36 | 3690.HK Meituan - Class B | Meituan - Class B | 1.93% | $9.7M |
30 | 300502.SZ Eoptolink Technology Inc L-A | Eoptolink Technology Inc L-A | 1.81% | $9.1M |
23 | 2318.HK Ping An Insurance Group Co of China | Ping An Insurance Group Co of China | 1.70% | $8.5M |
Breakdown of CXSE by sector weightings (%)
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Top countries by weight (%)
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