Many investors consider the KraneShares CSI China Internet ETF $KWEB as the best instrument to get exposed to China.
Here is the breakdown of this ETF. Do you invest in China?
BREAKING: Super Micro Computer stock, $SMCI, has now been halted 3 TIMES and is down 13%.
This comes just minutes after the US Justice Department announced a probe into the company. $SMCI recently delayed their 10-K filing for FY2024. The company said additional time is needed "to complete assessment of its internal controls over financial reporting." Source: The Kobeissi Letter
BCA's Marko Papic (@Geo_papic) sees Chinese monetary & fiscal stimulus as a "fairly big deal": "This is Beijing’s 'Whatever It Takes' moment.
Effectively, Beijing has reached a point where the policy focus shifts from guarding against moral hazard to guarding against political risks." He bets, that we are at the start of a major rotation out of US assets. Source: HolgerZ, Bloomberg
Hilarious. $BABA
Source: TrendSpider
Mag 7 v. 2000s tech Bubble
Source: Stocktwits
David Tepper, who runs the $6 billion hedge fund Appaloosa Management, is growing even more bullish on Chinese stocks amid the nation's new fiscal stimulus measures.
Tepper views China's stock market as more attractive than the US stock market due to valuation differences. Source: Markets Insider
😱 The "shocking chart of the day" that no bulls want to see 😱
Source: Mac10
China shorts are "ALL-IN".
Even more than at *the* Bottom. Source: Macro charts
