Even so, KWEB is up nearly 100% since the end of 2018, KraneShares chief investment officer Brendan Ahern told CNBC's"Ultimately, we're just right back to where we were at the beginning of the year," Ahern said. "We had a very outsized move and unfortunately we've given some of that back. But we're very optimistic on the long and medium term on the KWEB companies.
"You never know what's going to happen," he said. "Last week was a bad week for saber-rattling between the U.S. and China. [President Joe] Biden was pretty open about making sure we had fair competition. China's got a lot of pressure on companies to do well and they want their skin in the game." Tough trade talk may not be enough to knock Chinese tech companies off their long-term trajectories, however, the CEO said.
"These stocks are not going away," Lydon said. "They're some of the most innovative companies in the world right now and they're not going to slow down. So, it's definitely a buying opportunity."
ETFEdgeCNBC InvescoUS More margin calls to come! Banks are forsed to reduce their exposure to margin loans! With SLR exemption expiring on March 31, banks would significantly reduce margin loans lending. Let's see how speculators will do without margin loans.
ETFEdgeCNBC InvescoUS FED is openly admitting to inevitable -55% StockMarket crash. This was never FED's standard annual routine to test StockMarket crash! In the past FED only tested Counterparty Risk and adequate Capitalization during unexpected loan loses.
ETFEdgeCNBC Do u believe in Chinese or not ? Their currency revert to ... someone else currency Sometimes wrong at all. How can we know accurate. Even $BABA sometimes wrong on quarter report revenues . I don't believe Chinese.
ETFEdgeCNBC How do we invest in the Chinese stock market instead of the corrupt American ones ?
ETFEdgeCNBC More margin calls to come! Banks are forsed to reduce their exposure to margin loans! With SLR exemption expiring on March 31, banks would significantly reduce margin loans lending. Let's see how speculators will do without margin loans.
ETFEdgeCNBC Black eye Why didn't you ppl AT CNBC report the Hwang-Archegos margin call fiasco on FRIDAY during mkt hours? Where were you You are the ones w/ the black eye.
ETFEdgeCNBC China is never a solid buying opportunity long term, only for moments ..because the gotdamn news cycle is always flip flopping on whether China is a friendly participant or an Evil villain ..market manipulation is what i call it!!!!!!