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KraneShares CSI China Internet ETF News

$29.86
-0.0200 (-0.0669%)
At Close: May 28, 2024

JD.com stock gains after upgrade

12:08pm, Wednesday, 13'th May 2020
Shares of JD.com Inc. are up more than 3% in premarket trading Wednesday after Mizuho analyst James Lee upgraded the Chinese e-commerce giant's stock to buy from neutral, writing of "significant oppo
Despite this abysmal pre-market release, markets in both Hong Kong and Mainland China ended the trading session higher.

Trump threatens retaliation over coronavirus

07:34am, Friday, 01'st May 2020
Conversations are at a very preliminary stage, but the U.S. appears to be crafting retaliatory measures against China over the coronavirus outbreak."We signed a trade deal where they're supposed t
Manufacturing PMI 53.2 versus estimate 52.5 and March’s 52.3 April Caixin China PMI Manufacturing 49.4 versus estimate 50.5 and March’s 50.1 The “official” Purchasing Managers Indexes (PM
US investors don’t properly value Chinese internet companies so they are going to a geographic area where they don’t need to explain themselves.
Hong Kong saw a similar morning swoon but rebounded strongly to close near the day’s high.
In Hong Kong, the most heavily-traded stocks were Tencent (700 HK) +1.62% on twice the volume of China Gas (384 HK) +10.51% after a number of stock analyst upgrades and Alibaba (9988 HK) +1.31%.

China Market Update: Friday Profit-Taking

03:44pm, Friday, 24'th Apr 2020
On Wednesday, Kweichow Moutai, the largest liquor company in the world and the top constituent in the MSCI China A Index by weight, announced 2019 results that beat most estimates.
In Hong Kong, telephone operator China Unicom (762 HK) gained +2.24% after reporting earnings, which we saw with China Mobile yesterday.
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