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KWEB240712P25500

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KraneShares CSI China Internet ETF Stock Discussion

Spinee

Jul 10 04:13

Baidu's shares in Hong Kong rose as much as 13% on Wednesday morning

With a triple transaction volume, as analysts released bullish views on the company's auto-driving business.
Guotai Junan analysts predict that as the deployment volume increases, the per-unit operating cost of autonomous vehicles will significantly decrease due to economies of scale. They expect Baidu's autonomous ride-hailing service, Apollo Go, to achieve break-even in Wuhan by the end of this year and to become profitable b...

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Jul 4 01:14

China's National Association of Financial Market Institutional Investors, or NAFMII, has introduced a program to help private companies raise funds via corporate bond sales.
The covered bond program allows private firms to use different kinds of “soft” collateral, including intellectual property rights, equity and accounts receivable, in addition to real estates or land-use rights.
$BABA-SW(09988.HK)$ $TENCENT(00700.HK)$ $XIAOMI-W(01810.HK)$ $JD-SW(09618.HK)$ $KraneShares CSI China Internet ETF(KWEB.US)$ $Hang Seng Index(800000.HK)$

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Jul 1 03:27

NBS PMI breakdown:

The large enterprise PMI drops to 50.1%, -0.6 pp
The medium-sized enterprise PMI 49.8%, +0.4 pp
Small-size business activity rises to 47.4%, +0.7 pp
Manufacturing production weakened. The production index drops to 50.6%, a decline of 0.2 percentage points from the previous month.
The new order index is 49.5%, a decrease of 0.1 percentage points from the previous month, still in the contraction zone.
Looking at external demand, the new export order index is 48.3%, st...

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Jun 28 01:02

Goldman Sachs released a research report stating that due to improved fundamentals, market expectation adjustments, and valuations still being only marginally above a ten-year low, they believe the upside risk for $NTES-S(09999.HK)$ stock outweighs the downside risk. The firm maintains its "Buy" rating for the stock with a target price of HK$ 196.
$NetEase(NTES.US)$ $KraneShares CSI China Internet ETF(KWEB.US)$ $NASDAQ Golden Dragon China(.HXC.US)$

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Jun 26 22:26

JUST IN:

China's January to May industrial profit grew by 3.4% y/y to 2.57 trillion yuan.-NBS
May profit grew 0.7% y/y vs 4.0% in April.
$Hang Seng TECH Index(800700.HK)$ $KraneShares CSI China Internet ETF(KWEB.US)$ $NASDAQ Golden Dragon China(.HXC.US)$ $BYD COMPANY(01211.HK)$ $BABA-SW(09988.HK)$ $XIAOMI-W(01810.HK)$

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Jun 25 01:51

U.S. Proposes Rules to Restrict Investments in China

Ministry of Commerce: China Reserves the Right to Take Corresponding Measures.
A spokesperson for the Ministry of Commerce stated that despite the U.S.'s repeated emphasis on not seeking to "decouple" from China or hinder China's economic development, it insists on issuing proposed rules to restrict U.S. companies' investments in China, thereby suppressing the normal development of Chinese industries. This is a typical practice of broadening th...

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Jun 25 01:13

Oracle Warns of Potential Impact from TikTok Ban

Oracle acknowledged in its annual report that a U.S. ban on TikTok could negatively affect its business. President Biden has demanded that TikTok's owner, ByteDance, sell the app within nine months to avoid a ban due to concerns about user data being accessed by China.
Oracle provides cloud services for TikTok, which has over 150 million U.S. users. If these services are disrupted, Oracle's revenues and profits could suffer. This concern dates bac...

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Jun 24 07:39

Ministry of Commerce: China Attracted 412.51 Billion Yuan of Foreign Investment from January to May 2024

China's actual use of foreign capital (FDI) decreased by 28.2% year-on-year from January to May.
The Ministry of Commerce stated that the actual use of foreign capital remains at historically high levels, and the decrease is mainly due to last year's high base. A spokesperson from the Ministry's Foreign Investment Department highlighted that from January to May, the actual use of foreign cap...

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Jun 24 06:52

U.S. Introduces New Regulations to Restrict Investment in China's High-Tech Sectors, Targeting Semiconductors, Quantum Computing, and AI

On June 21, the U.S. Treasury Department issued a draft "Notice of Proposed Rulemaking" (NPRM) aimed at restricting U.S. entities from investing in China in three high-tech sectors: semiconductors and microelectronics, quantum information technology, and artificial intelligence (AI).
According to the Treasury Department, the restricted investments include equi...

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Jun 24 03:28

Nasdaq Ramps Up Scrutiny of Small-Cap IPOs From China, Hong Kong.-Bloomberg
$Cainiao Smart Logistics Network Limited(810537.HK)$ $Ant Financial Concept(LIST0362.SH)$ $Ant Group Related(LIST1287.HK)$ $BABA-SW(09988.HK)$ $Alibaba(BABA.US)$ $ByteDance(FT0001)$ $Bytedance Concept Stocks(LIST1266.HK)$ $KraneShares CSI China Internet ETF(KWEB.US)$

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