Technical breakdown in the Hang Seng Tech Index
Technical breakdown in the $HSTECH(HSTECH)$ today. $KraneShares Hang Seng TECH Index ETF(KTEC)$ $KraneShares CSI China Internet ETF(KWEB)$
Seems $PDD Holdings Inc(PDD)$ and $Baidu(BIDU)$ $BIDU-SW(09888)$ miss took the sentiment down a few notches. Not a good way to close out ER season for the major CN tech names.
The USD-CNY action says it all. Now close in on 7.25, erasing all the gains since July.
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Technical breakdown today for the CSI 300 Index. $KraneShares Bosera MSCI China A 50 Connect Index ETF(KBA)$ $iShares MSCI China ETF(MCHI)$ $iShares China Large-Cap ETF(FXI)$
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