China Quietly Outperforms on Latest PMI and Policy Support
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China's services PMI exceeded expectations, and further policy support is anticipated, benefiting Chinese stocks. KraneShares highlights this as an investment opportunity.
November 06, 2024 | 3:45 pm
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KraneShares highlights the outperformance of China's services PMI and potential policy support as a positive signal for Chinese stocks, suggesting KWEB as an investment opportunity.
KWEB, an ETF focused on Chinese internet companies, is likely to benefit from China's strong services PMI and anticipated policy support. KraneShares, which manages KWEB, views this as a positive investment signal, suggesting potential short-term gains.
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