KWEB Gets Boost From China Semiconductor Companies
May 23, 2023 at 13:21 PM EDT
After China’s late-night Sunday announcement that it will be partially banning the use of microchips from U.S.-based Micron Technology, boosting the stock of that country’s semiconductor companies, a funny thing happened. Despite no significant semiconductor exposure, the $5.1 billion KraneShares CSI China Internet ETF (KWEB) saw its share price jump as much as 2.5% during [...] The post KWEB Gets Boost From China Semiconductor Companies appeared first on ETF Trends .
