$KWEB & $YINN Could See Positive Feedback on U.S.-China Tensions
Chinese President Xi Jinping meets with a U.S. congressional delegation led by Senate Majority Leader Chuck Schumer at the Great Hall of the People in Beijing on Oct. 9, 2023. Photo: Xinhua News Agency
In a meeting Monday in Beijing, Chinese President Xi Jinping and a bipartisan U.S. Senate delegation called for easing tensions and stabilizing U.S.-China relations, state broadcaster CCTV reported.
Chinese Foreign Minister Wang Yi said the recent series of dialogues and exchanges between the two sides have been widely welcomed by all sectors within the two countries and the international community, which fully demonstrates that it is the right move to promote the stabilization of China-U.S. relations, and conforms to the common interests of both countries and the world.
The two sides should earnestly implement the important consensus reached by the two heads of state, and strive for the real stability and improvement of China-U.S. relations for the benefit of both countries and the world.
It is expected that these exchanges will bring some benefits to Chinese concept stocks listed in the United States in the future.
$CSI China Internet ETF(KWEB)$ $FTSE China Bull 3X Shares(YINN)$ $China A50 Index - main 2310(CNmain)$
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What a steal to buy at this point. Going to add more tomorrow. Huawei already announced 5G phone, no longer hiding, this means that china semiconductor is already self-sufficient. The worst is over, up from here we go!!!!
Diversification of investments across multiple markets was seen as a way to reduce risks. Economies are linked. The issues within one economy are the same issues with many others.
China has enormous room to cut rates by more than 15bps and print money. But it's highly doubtful this fixes the broken real estate market. Beware.
China & Russia are emerging as the new superpower, oil is up and they will buy everything and get any market they want
risk v reward overseas is compelling. To BUY