To The Moon

In recent days, China’s A-share market has ignited a long-awaited rally—Shanghai’s benchmark index broke through a ten-year high, and the total market capitalization of A-shares surpassed the landmark ¥100 trillion for the first time. This wave of momentum has drawn fresh attention to “China assets,” especially the potential of its technology sector.

Over the past decade, when people think of the world’s most influential tech companies, their minds go straight to Wall Street’s “Big Tech Seven”: $Apple(AAPL)$ , $Microsoft(MSFT)$ , $Alphabet(GOOG)$ , $Amazon.com(AMZN)$ , $NVIDIA(NVDA)$ , $Tesla Motors(TSLA)$ , and $Meta Platforms, Inc.(META)$ . They dominate the Nasdaq and have become almost synonymous with global tech investing.

But did you know? China has its very own “Seven Sisters”: $Alibaba(BABA)$ $BABA-W(09988)$ , $TENCENT(00700)$ , $BIDU-SW(09888)$ , $JD-SW(09618)$ $JD.com(JD)$ , $MEITUAN-W(03690)$ $MEITUAN(MPNGF)$ , $PDD Holdings Inc(PDD)$, and Huawei/ByteDance. Each is a heavyweight in its field, and increasingly, they are catching the eyes of global capital markets.

So today, let’s explore: what real strengths do China’s “Seven Sisters” hold? And can they go head-to-head with the U.S. Big Tech Seven on the global stage?

1.Wall Street’s Big Tech Seven: The Alliance of Capital and Technology

Let’s start with the American giants. Most were founded in the 1990s or earlier, scaling on the back of global markets, cutting-edge R&D, and unmatched financial muscle. Together, they’ve grown into multi-trillion-dollar titans.

2.China’s “Seven Sisters”: Who Says We Don’t Have Our Own Tech Icons?

China’s Seven Sisters rose rapidly during the mobile internet and platform economy era. They share some key traits: massive scale, enormous user bases, strong technological capability, and most are already listed in A-shares, Hong Kong, or U.S. exchanges.

They may not map one-to-one against the U.S. peers, but each has the strength to compete globally in its own domain.

3.Valuation Gap vs. Growth Premium: Where’s the Better Bet?

Valuations are a key factor for global asset allocation.

As of mid-2025, Wall Street’s Big Tech Seven trade at price-to-earnings (P/E) ratios typically between 25–40x. NVIDIA, riding the AI boom, commands even loftier multiples—fueling the debate of whether “expensive is justified.”

By contrast, after the 2022–2023 correction, Chinese tech valuations mostly sit between 10–20x. Alibaba and Tencent, for instance, are priced far below their five-year averages. $CSI300(000300.SH)$ $CSOP CSI300(03133)$ $WISE CSI300 ETF(02827)$ ;

That means if you’re a value investor looking for a “margin of safety,” Chinese tech offers clear appeal.

On the growth side, Pinduoduo and ByteDance continue to deliver rapid expansion, while Baidu and Huawei are breaking ground in AI and autonomous driving. In short: Chinese tech giants are both cheap and promising.

Adding to the tailwinds:

Policy support: Sovereign wealth funds like Central Huijin have been ramping up ETF purchases, while Beijing has rolled out long-term capital market reforms.

Regulatory easing: After years of tight oversight on platform firms, 2024 marked a turn toward pro-innovation, pro-global expansion stances.

Tech self-reliance: Progress in areas like Baidu’s large AI models shows China’s determination to close critical gaps.

4.Thematic Tech ETFs: An Easy Way to Gain Exposure

Don’t want to pick individual stocks? ETFs provide a convenient gateway to both Chinese and U.S. tech leaders. Here are some examples:

China internet rebound: $KraneShares CSI China Internet ETF(KWEB)$ , $ISHARESHSTECH(03067)$

AI & semiconductors: $KraneShares SSE STAR Market 50 Index ETF(KSTR)$ , $STAR50(000688.SH)$ (STAR 50 ETF)

Core China allocation: $Xtrackers Harvest CSI 300 China A-Shares ETF(ASHR)$ , $CSI300(000300.SH)$ $CSOP CSI300(03133)$ $WISE CSI300 ETF(02827)$ ;

5.Invest in China with Tiger—your one-stop solution

To truly understand the global tech map, start with China’s Seven Sisters. Don’t feel locked into U.S. tech—China’s giants are steadily stepping onto the world stage. With low valuations and high growth potential, the window of opportunity is now.

Bullish on China but not sure how to allocate? With one Tiger account, you can invest in a range of China-related assets:

In addition, Tiger Trade’s signature features—TigerAI and Recurring Investment—make it easier to build exposure to Chinese assets:

• TigerAI Investment Assistant: New to Chinese assets? Ask anytime—e.g., “Which ETFs track the CSI 300?” or “Which China ADRs are trending lately?”—and get answers instantly.

• Recurring Investments for HK stocks & ETFs: Worried about timing? Tiger Trade supports daily/weekly/monthly recurring plans for Hong Kong stocks and ETFs to average your cost, build long-term positions, and pursue steadier outcomes.