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China ETFs Best Way to Play Alibaba IPO, E-Commerce Boom

August 18, 2023
in Trade Tube
Reading Time: 1 min read
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The Chinese economy may be raising concerns because of its recent slowdown, but over the next 5 years it will see a boom in consumption, clean energy and health care, says Brendan Ahern, managing director at KraneShares. Ahern says Chinese e-commerce will continue to grow at a rapid pace and his KraneShares CSI China Internet ETF (KWEB) will get access to shares of Alibaba once it goes public. Finally, Ahern says its best to own mainland Chinese stocks in an ETF to avoid single stock risk.

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