INVESCO MSCI CHINA TECHNOLOGY ALL SHARES STOCK CONNECT UCITS ETF ACC
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24 May 2023
The MSCI China Technology All Shares Stock Connect Select Index aims to represent the performance of Chinese companies that derive significant revenue from the development of new products and services from technology innovations in areas such as internet and digitization, mobility, autonomous technology, industrial automation and digital healthcare. A "relevance score" is assigned to each stock in the MSCI China All Shares Stock Connect Index to reflect the proportion of revenues generated by business areas associated with this objective. Companies with a relevance score of 25% or lower are removed as are the least liquid stocks. The 100 largest companies are then selected for the final Reference Index, with constituents weighted by a product of the company’s relevance score and free-float market capitalisation. Individual issuers are capped at 10% of the Reference Index to reduce concentration risk.