KWEB sold into the high big trend
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The KraneShares CSI China Internet ETF (KWEB) is an exchange-traded fund that focuses on Chinese Internet and Internet-related companies listed outside of Mainland China. Here are some key details about KWEB:
• Current Price: Around $33.931.
• YTD Return: Approximately 25.67%1.
• Top Holdings: Tencent Holdings, Alibaba Group, Meituan, JD.com, and PDD Holdings12.
• Sector Weightings: Primarily in Consumer Cyclical (41.26%) and Communication Services (38.02%)1.
• Expense Ratio: 0.70%2.
KWEB has been performing well this year, driven by positive sentiment towards Chinese tech stocks and recent policy measures aimed at boosting China’s economy23.
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