KWEB 240802 29.00C (KWEB240802C29000) Stock Options, News & Quotes

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Spinee

Jul 25 04:00

NVIDIA's New Chip for China

$NVIDIA(NVDA.US)$ introduced a new chip specifically for the Chinese market. However, industry experts doubt its ability to match the performance of domestic chips and meet the growing demand for computing power.
$SMIC(00981.HK)$ $SENSETIME-W(00020.HK)$ $BABA-SW(09988.HK)$ $KraneShares CSI China Internet ETF(KWEB.US)$

Serve Robotics soars and dips: Is it a smart buy?

Spinee

Jul 22 22:45

China's "Interest Rate Cut," LPR Lowered by 10 Basis Points for 1-Year and 5-Year Terms

China's 1-year Loan Prime Rate (LPR) was set at 3.35% in July, with the 5-year LPR set at 3.85%, both lowered by 10 basis points from previous levels.
The LPR adjustment, synchronized with reverse repurchase operations, reflects the gradual unveiling of the central bank's new monetary policy framework. This adjustment indicates the LPR's shift towards referencing short-term policy rates more heavily, diminish...

Spinee

Jul 22 01:13

China unveils details of the Third Plenum decisions on deepening reform on Sunday.

Will let the market play a decisive role in resource allocation.
Will work on policies to build a positive environment and offer more opportunities for the non-public economy sector.
Will formulate private economy improvement law.
Strengthening antitrust operations.
Will improve the convenience for foreign capital to invest equity and venture capital in China.
Will optimize the layout of the state-owned econ...

Spinee

Jul 19 02:37

Goldman Sachs cuts China 2024 GDP forecast to 4.9% from 5.0% and raises 2025 forecast to 4.3% from 4.2%.
$KraneShares CSI China Internet ETF(KWEB.US)$ $Global X MSCI China Consumer Discretionary ETF(CHIQ.US)$ $BABA-SW(09988.HK)$ $TENCENT(00700.HK)$ $XIAOMI-W(01810.HK)$ $BIDU-SW(09888.HK)$

Spinee

Jul 18 22:48

Xinhua released the communique of China's CPC ThirdPlenum, here are key takeaways:

Place reform in a more prominent position.
Reform tasks in this decision are to be completed by 2029.
Will fully build the high-level socialist market economic system by 2035.
Will improve macroeconomic governance.
Will let market mechanism play a better role, creating a more fair and vibrant market environment.
Will deepen fiscal and tax reforms, deepen financial system reform.
Will deepen the reform of the...