Look to China Internet ETF KWEB as PBOC Cuts Rates
July 25, 2024 at 13:13 PM EDT
In the latest step by China’s government to address a flagging economy, the People’s Bank of China has announced a cut to a key interest rate. That cut surprised investors and adds approximately $25 billion to banks in China, potentially boosting the outlook for tech there. That could add to an overall case for tech [...] The post Look to China Internet ETF KWEB as PBOC Cuts Rates appeared first on ETF Trends .
