Trade Tracker: Steve Weiss buys the KWEB ETF and PDD Holdings
Steve Weiss, Founder and Managing Partner of Short Hills Capital Partners joins CNBC's “Halftime Report” to detail his latest portfolio moves.
KWEB Up Nearly 20% YTD on China Internet Tailwinds
China's internet companies stand to benefit from a number of potential tailwinds this year. Ongoing regulatory support and AI innovation could carry China internet tech stocks higher this year.
2 Brilliant ETFs to Buy Now Before They Soar
Exchange-traded funds (ETFs) are great tools for investing in the stock market. ETFs offer broad diversification to different sectors of the economy, and a few well-chosen funds can be all the diversification you need to safely grow your money over the long term.
DeepSeek a Pivotal Turning Point for China's AI Revolution
China startup DeepSeek shook the AI ecosystem last month with its development of competitive AI at a fraction of the cost of most current models. It holds the potential to become the ChatGPT revolution equivalent in that country, and China companies are all in.
KWEB: Chinese Tech Sector Continuing To Grow Despite Adversity
Chinese tech companies like Alibaba and Tencent are growing revenues and shareholder returns despite economic challenges and stricter regulations. KWEB ETF offers an attractive risk/return tradeoff, trading at a significant discount to American peers with sub-10x PE multiples. Chinese tech stocks are undervalued, benefiting from structural growth initiatives and improving corporate governance, making them appealing even in a low-growth environment.
China Quietly Outperforms on Latest PMI and Policy Support
China significantly outperformed within its region on higher-than-expected services PMI and indications of further policy support while all eyes remain on the U.S. presidential election. Continued regulatory support remains a boon for Chinese stocks, creating an overlooked opportunity for investors according to KraneShares.
KWEB Benefits as China Stocks & US ADRs Diverge
Sentiment towards China stocks continues to diverge between domestic and foreign investors. U.S.-China American depositary receipts (ADRs) closed notably down in trading yesterday while Hong Kong stocks oscillated between slight losses and gains in trading today.
Latest KraneShares ETF Employs Buyout Fund Strategy
Today, KraneShares launched the KraneShares Man Buyout Beta Index ETF (BUYO), which is now trading on the New York Stock Exchange. BUYO has a net expense ratio of 0.89.
KWEB: Things Are Different This Time (Rating Upgrade)
Behind its facade of big tech holdings, the KraneShares CSI China Internet ETF offers a sizeable exposure to the consumer discretionary sector. The latest package of measures by the Chinese authorities are precisely aimed at stimulating consumption. This augurs well for KWEB, but its holdings also have AI exposure, which has not been priced in by the market.
As Tepper Touts China, Look to Leading China ETF KWEB
Is China investing back? In many ways, it never left, but a much larger group of investors is revisiting investing in the key global market following major fiscal and monetary policy changes.
China Internet ETF (KWEB) Hits New 52-Week High
KraneShares CSI China Internet ETF KWEB is probably on the radar for investors seeking momentum. The fund just hit a 52-week high and moved up 45.5% from its 52-week low price of $22.68/share.
KWEB: 5 Reasons Why I'm Cautious About The Recent Rally
KWEB's recent rally is driven by optimism surrounding China's stimulus, but it may not be sustainable due to the market's "buy the news" mentality before the holiday and overbought conditions. The PBOC's monetary stimulus is considered insufficient to boost consumer spendings, as the decline in the housing market significantly reduces household net worth. While fiscal stimulus may be welcomed, consumers might still choose to save rather than spend, as improving consumer confidence takes time.
