QTT - Tencent Is Taking Advantage Of Alibaba's Woes
- Jack Ma's first public appearance after nearly three months of speculations about his well-being was the biggest news of the week.
- It reaffirmed the rationalized manner in which the authorities are investigating the alleged transgressions of the business practices.
- Key KWEB ETF holdings, Tencent, Meituan, and NetEase saw their share prices hit all-time highs.
- Tencent might have inadvertently exposed itself to greater regulatory scrutiny while unveiling strong, positive usage data last Tuesday.
- Investors deciding which ETF is more suitable or desirable for their exposure to China would need to be aware of the fund allocation.
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Tencent Is Taking Advantage Of Alibaba's Woes