The KraneShares CSI China Internet ETF (KWEB) experienced a significant outflow of approximately $215.1 million, representing a 3.5% decrease in shares outstanding, decreasing from 231.2 million to 223.1 million. This change was reported this week.
As of the latest trading session, KWEB’s share price stands at $26.51, with a 52-week low of $25.895 and a high of $43.365. Among its major components, Full Truck Alliance Co Ltd (YMM) is down 0.7%, while Tencent Music Entertainment Group (TME) and JOYY Inc (JOYY) have seen slight increases of 0.7% and 0.4%, respectively.
5 Stocks Our Experts Predict Could Double In the Next Year
By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.
