Chinese Equities are Back: 2 Top-Ranked Stocks to Ride the Trend
JD(JD) Zacks Investment Research·2024-04-29 19:00
Over the last few weeks, the Chinese Technology Sector ETF (KWEB) has been showing some very bullish price action. After breaking out from the descending wedge at $25, the ETF followed through last week with a +13% rally last week.This sector ETF, which is filled with Chinese technology stocks is now building significant upward momentum, and it could be starting a major bull run.I would be remiss to exclude the usual disclaimer of investing in Chinese equities, as they do carry additional risk, but the sto ...