🌟🌟🌟I am long term bullish on $KraneShares CSI China Internet ETF(KWEB)$
The Top 10 holdings include $MEITUAN-W(03690)$
PDD Holdings, KE Holdings, Trip.com and many more.
KWEB reached a 52 week high of USD 39.16 in October but has since given up its gains. However I believe that this is just a temporary setback as it will rise again once further stimulus measures are announced.
At the last closing price of USD 30.84, I believe that KWEB is undervalued and oversold for what it offers - the best and strongest Chinese companies.
In the meantime, KWEB pays dividends once a year with the ex dividend date of December 18 2024. The current dividend yield is 1.53%.
I like that KWEB offers me a low cost way to invest in the best Chinese stocks, giving maximum value for my money at minimum cost. That's my favourite way of investing.
@TigerStars @Tiger_comments @CaptainTiger
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