Is anyone following China more actively? On Friday I bought my first position in $BABA+1.6%.
This week I am most likely going to buy $KWEB+0.6%. For those who don't know, it's an ETF that's 50% Chinese tech companies, 25% retail,... (The largest share is made up of companies like Tencent, Alibaba, JD.com). In general Chinese stocks have been experiencing a longer term downturn, which could present an investment opportunity. China is expected to wake up and I would hate to miss it.
Open $28.85
Day range $28.69 - $29.00
52 week range $22.68 - $32.64
At the same time, however, I'm hesitant about whether it would be better to choose, say, $MCHI+0.8%.