China ETFs set for best week ever after Beijing’s stimulus. Is it time to buy?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 26 2024
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Source: MarketWatch
China-related ETFs Surge: China-focused and emerging-market ETFs have seen significant gains following the announcement of a stimulus package by Beijing aimed at boosting the economy.
Caution Advised for Investors: Despite the rally in these funds, investors are encouraged to approach this surge with caution.
Analyst Views on KWEB
Wall Street analysts forecast KWEB stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for KWEB is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 35.890
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Current: 35.890
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
