The analyst recommends the Invesco China Technology ETF (CQQQ) as a way to gain diversified exposure to Chinese tech stocks, including those not available as ADRs in the US. He emphasizes its significant valuation discount, trading at a 43% discount on a price-to-earnings basis compared to US tech stocks in the NASDAQ 100 index, offering upside potential with downside protection.
“you are getting a 43% discount almost 44% discount buying these tech stocks here in this China technology ETF versus the tech stocks here trading in the US.”