2 ETFs to Consider as Internet Giant Invests $1 Billion in Cloud Computing

Chinese internet giant Alibaba is ready to pour $1 billion to bolster its own cloud computing technology. The recent weakness in tech stocks isn’t stopping the world’s largest players in the space from investing in cloud computing. CHIK is a targeted play on the Information Technology Sector in China – the world’s second-largest economy by GDP. The Global X MSCI China Information Technology ETF (CHIK) provides investors with: Targeted Exposure: All Share Exposure: In a single-vehicle vehicle to express a sector view on China. The fund holds a basket of companies that potentially stand to benefit from the continuing proliferation of cloud computing services and services. The cloud computing industry refers to companies that deliver software and software software (Software) . . .