Similarly, equities based in mainland China and surrounding areas can benefit from a tangible trade deal, especially funds with a technology tilt. As such, here are three China tech ETFs that stand to benefit from the latest negotiations should the cloud computing provision become a reality:

1. Invesco China Technology ETF (NYSEArca: CQQQ)

CQQQ is based on the AlphaShares China Technology Index, which is designed to measure the performance of the investable universe of publicly-traded information technology companies open to foreign investment that are based in mainland China, Hong Kong or Macau.

Top 3 Holdings as of today:

  • Tencent: 10.12 percent
  • Alibaba: 8.70 percent
  • Baidu: 7.95 percent

2. Global X MSCI China Information Technology ETF (CHIK)

CHIK tries to reflect the performance of the large- and mid-capitalization segments of the MSCI China Index that are classified in the Information Technology Sector as per the Global Industry Classification System.

Top 3 Holdings as of today:

  • Lenovo Group: 10 percent
  • Sunny Optical Tech: 9.68 percent
  • Xiaomi Corp: 8.35 percent

3. KraneShares CSI China Internet Fund (NasdaqGM: KWEB)

KWEB tracks a portfolio of Chinese internet and internet-related companies. The portfolio includes Chinese internet companies that provide similar services as Google, Facebook, Twitter, eBay and Amazon.

Top 3 Holdings as of today:

  • Tencent: 9.93 percent
  • Alibaba: 9.42 percent
  • Baidu: 6.71 percent

For more market trends, visit ETF Trends.