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Lab · Sector Engine · Tech theme

China Internet

Chinese internet platforms — Alibaba, Tencent, Meituan, JD, PDD, Baidu, NetEase. Distinct theme due to regulatory regime, ADR structure, and macro exposure. Used as a stress-test counterparty against US Tech in cross-region pair work.

Primary ETF: KWEB.US

Snapshot Jun 23, 2026 · refreshed daily.

5-day

1-month

3-month

YTD

China Internet vs Global Tech

How KWEB.US performs against the GICS Tech sector aggregated across our four regions (US 0.66 / Europe 0.17 / Asia-Pac DM 0.06 / EM 0.11). Positive numbers mean this theme is outperforming the broader sector.

Window China Internet (KWEB.US) Global Tech Spread

All 7 Tech themes side-by-side

The full theme block sorted by 1-month return. Click a theme to drill in.

Theme 5d 1m 3m YTD Source

Closelook IP overlap

No Closelook-proprietary index covers this theme today. China Internet sits outside the screen logic of Rubin / HALO / AW25 / Euro-AI — it's tracked here because the cross-region pair work uses KWEB.US as a stress-test counterparty against US Tech.

Diary view, not advice. Methodology in methodology.md. Back to Technology sector · global heatmap.