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KraneShares CSI China Internet ETF Newsroom
Shares of Chinese Stocks Are Trading Higher. China's Central Bank Reportedly Indicated It Would Take Measures to Support Economic Growth.
Express News | Alibaba: On January 13, approximately $39.9843 million was spent to repurchase 3.9648 million shares.
Express News | Ishares China Large Cap ETF up 2.3%, Kraneshares CSI China Internet ETF 3%
Express News | PDD Holdings up 2.9%, NetEase up 1.4%, Baidu up 2.3%
Express News | Li Auto up 4.2%, JD.com up 4.8%, NIO up 1.4%, Xpeng 8.9%
Express News | TENCENT has conducted large buybacks for six consecutive days! Today, it further spent about 1.5 billion Hong Kong dollars to repurchase shares.
Express News | U.S. stock night trading: The gains of China's Assets ETFs and U.S.-listed Chinese stocks have expanded, with CWEB rising over 5%, and Fangdd Network soaring nearly 18%.
Asian Indexes Mixed, Japan Losses While China Gains Momentum
Four bullish factors come together! Hong Kong stocks and A-shares surge collectively, with the Hang Seng TECH Index rising over 2%, and foreign capital attitude is showing a shift.
Against the backdrop of a significant decline in the Japanese stock market, the A-shares market has shown impressive performance in the Asia-Pacific region. In the early trading today, the number of stocks that rose exceeded 5,000, and all three major Indices went up. The A50 even surged sharply, and the Hong Kong stock market was also boosted.
US stock outlook | Wall Street begins to discuss the possibility of interest rate hikes! The three major index futures collectively weakened; Intra-Cellular surged nearly 35% in pre-market trading! It will be acquired by Johnson & Johnson for billions.
Tesla fell 3% before the market opened, as the largest Retirement Fund in Europe liquidated its shares; the yield on the 10-year US Treasury is aiming for 5%! The Global bond market is in turmoil.
China Securities Regulatory Commission: By 2025, our macro policy orientation will be more proactive and effective, with unexpectedly increased counter-cyclical regulation intensity.
On January 13, the China Securities Regulatory Commission held a system work meeting for 2025, summarizing the work of 2024, advancing the inspection rectification thoroughly, and studying the key tasks for 2025. Wu Qing, the Secretary of the Party Committee and Chairman of the China Securities Regulatory Commission, attended the meeting and spoke. The meeting noted that in 2024, the securities regulatory system would adhere to the guidance of ****'s thought on socialism with Chinese characteristics for a new era, thoroughly implement the decision-making and deployment of the Party Central Committee and the State Council, coordinate risk prevention, strengthen regulations, promote high-quality development, reinforce the foundation, exercise strict oversight and management, leading to positive and profound changes in the capital markets. Firstly, promote the introduction of new "National Nine Articles" for the capital markets and "
Here's What Trump's Economic Team Is Saying About Tariffs
Express News | Alibaba: On January 10, approximately 39.988 million dollars were spent to repurchase 3.9456 million shares.
Ma Huateng's speech at the internal staff meeting: Tencent has already achieved a rebound from the bottom and once again emphasized using social capabilities for e-commerce.
Tencent's annual meeting is back. Unlike the criticisms and reflections of the past two years, this year, Ma Huateng is clearly more satisfied and hopes that 2025 will be a year full of harvest.
Express News | Tencent has conducted large-scale buybacks for five consecutive days! Today, it spent an additional 1.5 billion Hong Kong dollars to repurchase shares.
Ma Huateng's speech at the internal employee meeting: Full confidence in the resilience of China's economy.
① Pony Ma affirmed the performance of IEG and WXG, emphasizing the importance of innovative development and ecological connectivity. ② Business groups such as PCG, CSIG, and TEG were also recognized, with Pony Ma emphasizing the directions of quality content, steady development, and AI exploration.
The potential of "China Travel": there is still an annual increase of 200-350 billion RMB.
Bank of America predicts that if the proportion of tourism exports to GDP in China can catch up to the levels of South Korea or Japan, it will bring more than 20-350 billion yuan in income to China's tourism industry.
Express News | Pony Ma: Over the past year, both the Domestic and Global Business of IEG have developed, and the spirit has improved.
Express News | Ma Huateng: Tencent's overseas game Business share has nearly reached half of its domestic game Business.
Express News | Pony Ma: Tencent has achieved a rebound after hitting the bottom over the past two years.