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Chinese Tech And MLP ETFs On A Tear
Monday, June 30, 2014 - 9:15am | 531ETF Outlook for Week of June 30, 2014 (KWEB, AMJ, EWT, SPY) KraneShares CSI China Internet ETF (NASDAQ: KWEB) One of the best performing non-leverage ETFs last week was KWEB. Its basket of Chinese Internet stocks rallied to the highest close since the first week in April, up 3.8 percent on the...
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Chinese Internet Companies See Broad Gains Thursday
Thursday, June 26, 2014 - 4:09pm | 147Internet companies based in China were on a tear Thursday, with precious little news available to explain the trend. Online marketplace provider 58.com Inc. (NYSE: WUBA) lead the trend with gains of 13.55 percent, trading at $52.11. E-Commerce China Dangdang Inc. (NYSE: DANG), which offers...
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'Fast Thunder' IPO, Xunlei, Looks Strong After Day One
Wednesday, June 25, 2014 - 10:00am | 240Chinese internet stocks have acquired much fanfare over recent months as a steady stream of tech IPOs hits the market. Xunlei Limited (NASDAQ: XNET), which literally means, “Fast Thunder,” opened for trading Tuesday. A strong opening sent the stock higher as demand continued for the...
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European Billionaire to Wall Street: You Are Wrong on Emerging Markets
Friday, January 10, 2014 - 4:10pm | 383Benzinga reported on Tuesday on a growing number of Wall Street banks that have turned negative on emerging markets. Goldman Sachs (NYSE: GS), JPMorgan (NYSE: JPM) and Morgan Stanley (NYSE: MS) advise their clients to avoid exposure across multiple assets classes in emerging markets such as...