Chinese ADRs starting off today with one of the best days since the September rally ended.
These names are mostly just turning up from oversold levels and will probably have a couple of weeks to run. There's a chance this corner of the market will end the year in the top 3 best-performing major markets in 2024.
Many great companies started out looking like failures or went through enormous challenges in the early days.
$KraneShares Bosera MSCI China A 50 Connect Index ETF(KBA)$ $KraneShares CSI China Internet ETF(KWEB)$ $KraneShares Hang Seng TECH Index ETF(KTEC)$ $iShares MSCI China ETF(MCHI)$
$Alibaba(BABA)$ $BABA-W(09988)$ $TENCENT(00700)$ $Tencent Holding Ltd.(TCEHY)$ $PDD Holdings Inc(PDD)$ $JD.com(JD)$ $JD-SW(09618)$ $NetEase(NTES)$ $NTES-S(09999)$ $Trip.com Group Limited(TCOM)$ $Baidu(BIDU)$ $BIDU-SW(09888)$
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