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KraneShares CSI China Internet ETF Stock Discussion

kkwong13

28 minutes ago

$KraneShares CSI China Internet ETF(KWEB.US)$ China economy market by 2H24 might change to massive, higher consumption growth vs before. China government policy is setting up to provide better incentive, discounts vouchers for goods to boost citizen purchase, similar to print money to citizen vs increase funding on infrastructure. This might be a new turning point to China economy in 2H24, like US print $trillions dollar to save economic from covid crisis.
Higher opportunity to grow higher by 2H...

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...

Spinee

Jul 18 22:17

Unlike Many Major Companies Burning Cash, "Pinduoduo of AI" DeepSeek is Profitable

In Silicon Valley, DeepSeek is known as a "mysterious force from the East." This reputation stems from DeepSeek's comprehensive innovations in model architecture.
The company's new MLA (Multi-head Latent Attention) architecture reduces memory usage to just 5%-13% of the most commonly used MHA architecture. Additionally, its proprietary DeepSeekMoESparse structure minimizes computational costs, resulting in signifi...

Semiconductor stocks swing: What's next?

Spinee

Jul 18 01:02

BIDU Apollo Go to Launch 6th Generation Driverless Vehicle This Year

Baidu's Apollo Go, its autonomous driving service, will introduce its sixth-generation driverless vehicle to the market this year. **The new model, equipped with Baidu Apollo's sixth-generation intelligent system, has a significantly reduced vehicle cost—**about 60% less than the fifth-generation model, with a unit price of nearly RMB205,000.
$BIDU-SW(09888.HK)$ $Baidu(BIDU.US)$ $KraneShares CSI China Internet ETF(KWEB.US)$ $XPENG-W(09868.HK)$ $NIO-SW(09866.HK)$ $BYD COMPANY(01211.HK)$

Spinee

Jul 17 03:20

IMF Warns of Lower-than-Expected Inflation Cooling in Major Economies

The IMF has raised its forecast for China's economic growth this year to 5%. The IMF also expressed concerns that countries like the US, which are at full employment, are maintaining loose fiscal stances, leading to a rising debt-to-GDP ratio, posing potential risks to both their own and the global economy.
$Hang Seng TECH Index(800700.HK)$ $Hang Seng Index(800000.HK)$ $KraneShares CSI China Internet ETF(KWEB.US)$ $Global X MSCI China Consumer Discretionary ETF(CHIQ.US)$

Spinee

Jul 16 22:53

China’s Central Bank Injects 801 Billion Yuan into the Market

The PBOC’s massive net injection through reverse repos has significant implications. Experts believe this move is primarily to counter the liquidity disruption caused by the tax period. Moving forward, the central bank could use reverse repos or temporary overnight reverse repos to address market fluctuations.
$SH->HK Connect(GangGuTong.HK)$ $HKEX(00388.HK)$ $Hang Seng Index(800000.HK)$ $KraneShares CSI China Internet ETF(KWEB.US)$ $BANK OF CHINA(03988.HK)$

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