Google will pay SpaceX $920M per month for compute

Re:Google will pay SpaceX $920M per month for compute by throwaway2037 on Sunday June 07, 2026 @04:04AM (#48432833)

This is incorrect. There are lots of ETFs that now directly hold China A shares. CSI 300 index is the equiv of S&P 500 in mainland China. Also, via HK Stock Exchange, you can buy China A shares via "northbound connect". A broker like Interactive Brokers supports this type of trading and the bizarre/special currency (CNH) required for it. That said, I excluded China because it is not developed and has awful transparency.

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Re:Google will pay SpaceX $920M per month for compute by oezi on Sunday June 07, 2026 @11:44PM (#48441100)

And if you look at the composition of the indices and ETFs you realize that you aren't participating in the innovative China, but get typical developing country stocks and very limited exposure to innovation.

Also -10% over the last 5 years vs. +103% for the S&P500

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Re:Google will pay SpaceX $920M per month for compute by throwaway2037 on Monday June 08, 2026 @08:41AM (#48444617)

    > the innovative China

Can you give some example listed stocks that you consider (1) innovative and (2) not a member of CSI 300?

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Re:Google will pay SpaceX $920M per month for compute by oezi on Thursday June 11, 2026 @09:25PM (#48498697)

Well, I mean Alibaba, Tencent, Xiaomi, PDD/Temu, Baidu, Bilibili, NIO, XPeng...

These aren't in the CSI 300 and the legal constructs of listing them via HK or other stock exchanges is unfortunately often questionable.

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Re:Google will pay SpaceX $920M per month for compute by throwaway2037 on Saturday June 13, 2026 @08:42PM (#48523042)

All good points. So why not just buy Hang Seng Index? Most of the growth in HSI comes from these innovative Mainland Chinese companies. You don't need to worry about CSI 300 and all of the silliness around CNH current!

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