KraneShares CSI China Internet ETF Stock Discussion

$KraneShares CSI China Internet ETF (KWEB.US)$  all the gains made 2 days ago all but erased already

$Lion-OCBC Sec HSTECH S$ (HST.SG)$ may further strengthen this morning. $KraneShares CSI China Internet ETF (KWEB.US)$ up 10% overnight

We're so used to things just endlessly marching up that these kinds of moves look bad to many investors. Get a grip.
$Hang Seng Index (800000.HK)$ $Hang Seng TECH Index (800700.HK)$ $iShares MSCI Hong Kong ETF (EWH.US)$ $KraneShares CSI China Internet ETF (KWEB.US)$ $Kraneshares Tr Bosera Msci China A Sh Etf (KBA.US)$

China's services sector expanded at a slower pace in November with the Caixin Services PMI reading of 51.5 vs. 52.4 expected. This mirrors the deceleration seen in the official non-manufacturing PMI that came out last week.
Both manufacturing and services industries are in expansion mode in November. But it's important for Beijing to keep its foot on the gas pedal when it comes to the services sector, which is driving the transition in the economy to one that is high-value, data-driven.
$Global X MSCI China Consumer Discretionary ETF (CHIQ.US)$ $KraneShares CSI China Internet ETF (KWEB.US)$ $BABA-W (09988.HK)$ $XIAOMI-W (01810.HK)$ $BYD COMPANY (01211.HK)$ $MEITUAN-W (03690.HK)$

Caixin Nov. Services PMI 51.5 [Est.52.4 Prev.52.0]
Caixin Nov. Composite PMI 52.3 [Prev. 51.9]
$Kraneshares Tr Bosera Msci China A Sh Etf (KBA.US)$ $Global X MSCI China Consumer Discretionary ETF (CHIQ.US)$ $KraneShares CSI China Internet ETF (KWEB.US)$ $BABA-W (09988.HK)$ $TENCENT (00700.HK)$ $XIAOMI-W (01810.HK)$

Hopefully they start spending some of that soon.
$iShares MSCI China ETF (MCHI.US)$ $Kraneshares Tr Bosera Msci China A Sh Etf (KBA.US)$ $KraneShares CSI China Internet ETF (KWEB.US)$ $Alibaba (BABA.US)$ $BABA-W (09988.HK)$ $JD.com (JD.US)$ $JD-SW (09618.HK)$ $PDD Holdings (PDD.US)$ $MEITUAN-W (03690.HK)$ $NIO-SW (09866.HK)$ $BYD COMPANY (01211.HK)$

Something to keep an eye on. But let's not get our hopes up.
They do target 5% GDP growth next year. What sort of stimulus they come up with to help achieve that remains to be seen.
$BABA-W (09988.HK)$ $TENCENT (00700.HK)$ $JD-SW (09618.HK)$ $Global X MSCI China Consumer Discretionary ETF (CHIQ.US)$ $KraneShares CSI China Internet ETF (KWEB.US)$