Markets Rebound as China Considers Stimulus, KWEB a Buy

The People’s Bank of China cut its short-term borrowing rate Tuesday, a move that follows on the heels of last week’s deposit rate cuts. Domestic markets rose in response to the stimulus, lifting companies like Tencent and Alibaba, and carrying KraneShares CSI China Internet ETF (KWEB) into buy territory. The PBOC trimmed the 7-day reverse [...] The post Markets Rebound as China Considers Stimulus, KWEB a Buy appeared first on ETF Trends .