KWEB240726P31000
- 3.34
- -0.81-19.52%
KraneShares CSI China Internet ETF Newsroom
China's Surprise Policy Rate Cut Signals More Policy Easing Underway
China's surprise policy rate cut signals more monetary easing underway, BofA Securities analysts say in a research note. Given a slew of disappointing economic data in recent weeks, including weaker-
10 Consumer Discretionary Stocks Whale Activity In Today's Session
This whale alert can help traders discover the next big trading opportunities.Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity
PBOC Moves Mark Start of Policy Framework Shift
0625 GMT - The Chinese central bank's latest moves seem to be cementing the monetary policy shift toward a single anchor, with the seven-day reverse repo rate being the benchmark rate, HSBC
US stocks closed with all three major indices falling, with the S&P Nasdaq index seeing its largest weekly decline in three months. Technology stocks weakened, with Tesla down more than 4%, Nvidia down more than 2%, and CrowdStrike down more than 11%.
Investors accelerated their escape from technology stocks, with stocks and bonds in Europe and the United States being hit hard for two days. This week, the S&P 500 and Nasdaq fell by about 2% and 3.7%, respectively. The Nasdaq stopped its six-week continuous rise, while the Dow and small-cap indices rose by 0.7% and 1.7%, respectively. Chip stocks fell more than 3% on Friday and nearly 9% for the week. Nvidia also fell more than 8.7% for the past three months, making it the worst performer. The "seven sisters of technology" all fell for the week, and cybersecurity leader Crowdstrike, which triggered a global technology outage, fell 11% on Friday, the worst in nearly two years. The VIX panic index rose more than 32% for the week.
Here's How Much $1000 Invested In PDD Holdings 5 Years Ago Would Be Worth Today
PDD Holdings (NASDAQ:PDD) has outperformed the market over the past 5 years by 31.54% on an annualized basis producing an average annual return of 44.4%. Currently, PDD Holdings has a market
Meituan fights for low stock prices.
Fight back to the end.
Goldman Sachs "slapped in the face" JPMorgan: Profitable by 2025!
Goldman Sachs predicts that Luerbang Kuai Pao will achieve a balance of profits and losses in Wuhan in the next 2-3 quarters and will be profitable by 2025. In contrast, JPMorgan previously predicted that self-driving taxi services may still contribute little to Baidu's overall profits in the next 12 months.
Express News | Ishares China Large Cap ETF Down 1.9%, Kraneshares CSI China Internet ETF Down 3.1%
Express News | Li Auto Down 4.9%, JD.com Slips 4.4%, NIO Falls 6.4%, Xpeng Losses 5.8%
China Headwinds Signal Need to Bolster Consumer Confidence
China's latest economic data suggest continued supply-side momentum but challenges on the demand end, says Chaoping Zhu, global market strategist at J.P. Morgan Asset Management. Exports have grown
China 2Q GDP, June Activity Data Paint Dim Demand Picture
China's weaker-than-expected 2Q GDP and mixed June activity data signal that domestic demand remains sluggish, Goldman Sachs analysts say in a note. Real GDP growth slowed on year in 2Q despite a
10 Communication Services Stocks With Whale Alerts In Today's Session
This whale alert can help traders discover the next big trading opportunities.Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity
The Top Growth Stocks, Ranked by Seeking Alpha Analyst Ratings
Alipay has once again surged to the forefront.
Consolidate the position.
Shares of Chinese Stocks Are Trading Higher Following an Increase in China's June Exports.
Shares of Chinese Stocks Are Trading Higher Following an Increase in China's June Exports.
China's Third Plenum May Hold Less Weight This Year
China's Third Plenum, a traditionally significant policy-making event, to be held next week may not matter much this time, Maybank analysts say. With China facing an increasingly competitive,
10 Consumer Discretionary Stocks With Whale Alerts In Today's Session
This whale alert can help traders discover the next big trading opportunities.Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity
Cainiao is aligning with SF Express.
Author | Huang Yu Editor | Zhou Zhiyu A year ago, Cainiao, who was planning to go public on the Hong Kong Stock Exchange, launched its self-operated express delivery business, Cainiao Express. A year has passed, and although the listing plan has long been shelved, Cainiao Express has been expanding vigorously and accelerating its penetration into SF's territory. Cainiao Express has now set its sights on the same-city distribution business. On July 11, Cainiao Express announced the launch of same-city express delivery service in Guangzhou, offering same-day delivery within the city. This is the first time Cainiao Express has formally launched same-city distribution services. Prior to this, there were rumors in the industry that Cainiao Express planned to expand into the same-city distribution business, and would focus on services such as same-day delivery and same-city delivery within half a day.
Localization of suppliers! Temu starts digging into Amazon's corner.
Temu hopes to be more like Amazon, in order to reduce supply chain risks and provide faster delivery; while Amazon is imitating Temu, because it cannot ignore the fact that some consumers value low stock price over convenience.
Asia Markets Mostly Advance, Japan's Nikkei Crosses 42,000 Mark, Eyes on US CPI Report