Latest Breaking News On - China internet index - Page 18 : comparemela.com
Tencent and Alibaba to Open Apps in Compliance With Regulations
etftrends.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from etftrends.com Daily Mail and Mail on Sunday newspapers.
Former President of Google China Warns of Overinterpretation of China s Tech Regulations
etftrends.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from etftrends.com Daily Mail and Mail on Sunday newspapers.
KWEB in Stunning Recovery as It Takes Top China ETF
etftrends.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from etftrends.com Daily Mail and Mail on Sunday newspapers.
KWEB Surpasses $500 Million Inflows in Single Day
etftrends.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from etftrends.com Daily Mail and Mail on Sunday newspapers.
July 28, 2021
Some investors are capitalizing on the China stock dips in big ways as companies such as Alibaba see increased inflows at value prices. Despite, or perhaps because of dropping prices, inflows are pouring into the Chinese tech sector in record numbers.
The
KraneShares CSI China Internet ETF (KWEB) is the only ETF with pureplay exposure to the Chinese software and information technology stocks and has taken a huge hit in price with regulatory crackdowns driving the sector’s valuation down. Investors show their confidence in the space, though, and seize the opportunity to buy KWEB in massive volumes.
“We see investors buying the dip,” Brendan Ahern, CIO of KraneShares, told ETF Trends. “You can argue that despite new regulation, the fundamentals of the companies have never been stronger.”