For the day, KraneShares CSI China Internet ETF (KWEB) has been nothing but up boasting an all-time record in trade volume with almost 100M shares exchanged. KWEB soared up +39.7% bringing it to -14.8% in 2022.
ETF Newz Says:
Part of KWEB’s gain has to be attributed to China releasing plans to institute a “yes and no” system to help bring more transparency and increase investors confidence abroad.