36.070High34.050Low51.08MVolume34.200Open34.020Pre Close1.80BTurnover27.43%Turnover Ratio--P/E (Static)186.25MShares36.07052wk High--P/B6.72BFloat Cap22.68052wk Low0.46Dividend TTM186.25MShs Float96.141Historical High1.28%Div YieldTTM5.94%Amplitude16.928Historical Low35.224Avg Price1Lot Size
$NVIDIA (NVDA.US)$
to recover losses 😹
$KraneShares CSI China Internet ETF (KWEB.US)$
$Direxion Daily CSI China Internet Index Bull 2x Shares ETF (CWEB.US)$
Think the pullback is due to some holiday this week. Guess selling for people close for the week. we'll see if the run resumes next week.
there is an interesting dynamics playing out in RMB FX market, markets have been too strong on CNH whilst most recent CNY fixing was nearly 300 pips lower than CNH’s current market pricing.
with Chinese national teams not selling into the rally like how they used to do, make me wonder A-share and H-share/ADR are going to diverge in performance next few sessions simply due to FX impact and assumed all else equal.
more specially so, Shanghai and onshore markets overall ...
$KraneShares CSI China Internet ETF (KWEB.US)$ $iShares China Large-Cap ETF (FXI.US)$ $Invesco NASDAQ 100 ETF (QQQM.US)$ $SPDR Dow Jones Industrial Average Trust (DIA.US)$
This could be dump US buy China event. All I see right now is "just give me a reason"
The Hang Seng Tech Index closed 6.7% higher, bringing the 6-day gains to 28.3%! $KraneShares CSI China Internet ETF (KWEB.US)$ $KRANESHARES HANG SENG TECH INDEX ETF (KTEC.US)$ $Direxion Daily CSI China Internet Index Bull 2x Shares ETF (CWEB.US)$
The following CN tech names have the biggest premiums to their respective ADR close as of Friday:
$Alibaba (BABA.US)$ 5.6% premium
$JD.com (JD.US)$ 7.9%
$Bilibili (BILI.US)$ 8.9%
$Weibo (WB.US)$ 5.9%
$NIO Inc (NIO.US)$ 11.3% 🔥🔥🔥...
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