KWEB Stock Recent News

Officials are aiming for a 5% increase in GDP. That's the same goal as last year, which they barely achieved.

Last year brought about a rise in covered call strategies as investors sought to maximize income potential in uncertain times. An area of opportunity often overlooked is covered call strategies on Chinese stocks.

The People's Bank of China (PBOC) has cut a key interest rate in a move aimed at boosting the overall economy. The cut to the 5-year Loan Prime Rate (LPR) was the largest on record for the LPR, as the bank looks set to boost the ailing property market.

KraneShares has launched two new ETFs related to its flagship strategy, the KraneShares CSI China Internet ETF (KWEB). The pair take defined outcome approaches to KWEB.

Josh Brown, CEO of Ritholtz Wealth Management, joins CNBC's 'Halftime Report' to explain why his 2024 Contrarian play is doing so well this year.

After almost a decade of continuous growth, recent years have been tough on both the Chinese economy and its stock market. In fact, recent reports indicate that its stocks have lost more than $6 trillion since 2021, and – judging by the first month of 2024 – this is set to bring further pain to investors.

The KraneShares CSI China Internet ETF is now trading at less than one-quarter of its 2021 high, with its P/E ratio trading at 50% below QQQ's multiple. Thus, it may seem appealing to dip-buyers, especially also given the stimulus package. However, digging deeper, it is found that the main factors driving the economy have still not recovered, while regulatory risks persist.

It's clear that China's economic growth hasn't met the expectations investors had entering last year. Many investors looked forward with excitement towards China's reopening, not only for its own growth but for rebounding demand boosting the global economy.

For investors looking at the long-term case for China tech investing, the U.S.-China “chip war” has loomed large. The specter of ongoing and potentially worsening trade battles between the two countries has put a damper on tech outlooks in the East Asian nation.

China's stock market has lost 60% in 2 years, causing foreign investors to view the regulatory environment as unsuitable for investing. The current oversold conditions in China's market may present a tradable opportunity with a 5-10% target. The China Internet ETF may be a diversified approach to gain exposure to a potential recovery in the sector.