" focused just on nine companies, and these companies are the companies that we identified as having similar characteristics to magnitude in the U.S.," Roundhill Investments CEO Dave Mazza told CNBC's"Meanwhile, Jason Hsu of Rayliant Global Advisors is behind the hyper-local Rayliant Quantamental China Equity ETF. It has been around since 2020.
"These are local shares, local names that you would have to be a local Chinese person to buy easily," the firm's chairman and chief investment officer told CNBC."It paints a very different picture because China is sort of a different part of its growth curve." Hsu wants to give access to names that are less familiar to U.S. investors, but can deliver big gains on par with recent Big Tech stocks."Technology is important, but a lot of the higher growth stocks are actually people who sell water people who run restaurant chains. So, often they actually have a higher growth than even many of the tech names," he said.