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KraneShares CSI China Internet KWEBCOMMENTMay 13, 2015Stock price when the opinion was issued
As of Jun 18, 2026. Market Open.
Resistance has turned to support around $65. Around this level, the risk-reward is pretty good. It is an opportunity when it falls to these levels. Equivalent companies to Amazon in China is quite cheap.
He owns KWEB for some of his clients. A higher beta, higher octane type of name. Longer term it makes a lot of sense since the penetration of the internet in China is much lower than NA. AIA is 50 largest names in Asia that has outside of China and includes other sectors like semiconductors and banks. AIA would be more conservative of the two.
China/Internet Fund. It has done fairly well. If you are comfortable with the Internet as it plays out in China, it is probably not a bad play. He likes China. He would prefer the whole country, rather than just one sector.