KWEB News and Press, KraneShares Trust CSI China Internet From 02/01/24

2024-02-01 02:35:03 ET A private survey data on Thursday showed the manufacturing sector in China for January rose for the third month. The reading is in contrast with official data released earlier in the week that indicated the manufacturing sector shrank for the fourth month. ...

2024-01-31 21:22:50 ET Summary The KraneShares CSI China Internet ETF is now trading at less than one-quarter of its 2021 high, with its P/E ratio trading at 50% below QQQ's multiple. Thus, it may seem appealing to dip-buyers, especially also given the stimulus package. Howeve...

2024-01-31 11:30:00 ET Summary Manufacturing PMI data came in slightly below forecasts, indicating a soft start to the year. The Chinese manufacturing sector remains under pressure amid a weak domestic recovery and poor external demand. The manufacturing PMI has been under 50 for ...

2024-01-31 10:30:00 ET Summary The core Personal Consumption Expenditures price index fell to its lowest level since March 2021. Euro area business optimism about the coming year improved for a fourth consecutive month in January. Last week brought several announcements from r...

2024-01-31 06:33:10 ET More on China Evergrande liquidation may spell more trouble for China China pumps the brakes on short-selling to bolster markets China struggles: See what SA analysts say about Chinese stocks FXI: An Ugly 2023 And Start To 2024 ...

2024-01-31 03:09:13 ET Japan ( NKY:IND ) +0.61% . Japan's industrial output rises 1.8%; retail sales miss forecast in December ... Read the full article on Seeking Alpha For further details see: Asia-Pacific stocks mixed after downbeat China PMI data, growin...

2024-01-31 01:58:23 ET The official NBS Manufacturing PMI in China was at 49.2 in January 2024, matching market forecasts while edging higher from December's 6-month low of 49.0. It was the 4th straight month of contraction in factory activity, as Beijing struggled to spur econo...

2024-01-30 09:47:09 ET Apple Inc (AAPL) AAPL is trading DOWN for the last 4 days, and it at trading at $188.86 with volume of 14,874,912 and a one day change of $-2.87 (-1.49%). Apple Inc has a 52-week low of 141.32 and a 52-week high of $199.62. The business's 50-day moving average...

2024-01-30 02:41:05 ET More on Asia Liquidation of property giant Evergrande may spell more trouble for China's economy China pumps the brakes on short-selling to bolster market Read the full article on Seeking Alpha For further details see: Asian markets...

2024-01-29 22:05:00 ET Summary As we come to the end of January, having made fresh all-time highs in the S&P 500 last week, one is reminded again of the old trader’s saw that, “As January goes, so goes the year.”. October through January tends to be the st...