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Roundhill China Dragons ETF - DRAG STOCK NEWS

Welcome to our dedicated page for Roundhill China Dragons ETF news (Ticker: DRAG), a resource for investors and traders seeking the latest updates and insights on Roundhill China Dragons ETF stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Roundhill China Dragons ETF's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Roundhill China Dragons ETF's position in the market.

Rhea-AI Summary

Roundhill Investments has launched the Roundhill China Dragons ETF (DRAG) on Cboe BZX, offering targeted exposure to nine of China's largest and most innovative companies. DRAG provides equal-weight exposure to a concentrated basket of five to ten Chinese firms, dubbed the "China Dragons." As of October 3, 2024, these include Tencent, Pinduoduo, Alibaba, Meituan, BYD, Xiaomi, JD.com, Baidu, and NetEase.

DRAG is the only U.S.-listed ETF offering precise exposure to these top Chinese innovators, structured similarly to Roundhill's Magnificent Seven ETF (MAGS). The fund will rebalance quarterly and aims to capitalize on China's historically attractive valuations and recent government stimulus package. Roundhill's CEO, Dave Mazza, emphasizes DRAG's potential to capture growth as China enters a new phase of economic support and technological advancement.

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FAQ

What is the current stock price of Roundhill China Dragons ETF (DRAG)?

The current stock price of Roundhill China Dragons ETF (DRAG) is $22.83 as of January 27, 2025.
Roundhill China Dragons ETF

Nasdaq:DRAG

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United States of America