The Invesco China Technology ETF (NYSE:CQQQ) is seeing unusually high volume in afternoon trading Monday, with over 240,000 shares traded versus three month average volume of about 77,000. Shares of CQQQ were up about 3.4% on the day.
Components of that ETF with the highest volume on Monday were Tencent Music Entertainment Group (NYSE:TME), trading up about 3.7% with over 11.5 million shares changing hands so far this session, and Alibaba Group Holding (NYSE:BABA), up about 2.7% on volume of over 11.2 million shares. Weibo (NASDAQ:WB) is the component faring the best Monday, higher by about 10.8% on the day, while Baidu (NASDAQ:BIDU) is lagging other components of the Invesco China Technology ETF, trading lower by about 0.9%.
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