Potential investors who are still interested in the space can take a look at China tech sector ETFs, including the Guggenheim China Technology ETF (NYSEArca: CQQQ), Global X NASDAQ China Technology ETF (NYSEArca: QQQC) and KraneShares CSI China Internet ETF (NasdaqGM: KWEB). These funds all have large holdings in big Chinese tech names like Baidu and Tencent.
CQQQ is up 50.8% year-to-date and QQQC gained 45.2%. KWEB is a new ETF that began trading early August. [KraneShares ETFs Provide Exposure to China with a Twist]
The Global X Social Media Index ETF (NYSEArca: SOCL) also provides targeted exposure to global social media companies. Looking at the country breakdown, SOCL has a 62.3% weighting in developed markets and a 37.7% allocation toward emerging markets. [Gain Exposure to All the Big Social Media Names with One ETF]
For more information on developing economies, visit our emerging markets category.
Max Chen contributed to this article.