Traders Rush to Buy China Internet ETF as Some Say Worst Is Over – Bloomberg

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Investors are rushing to buy an exchange-traded fund that tracks Chinese technology stocks on hopes for a comeback after a selloff wiped out nearly a third of its market capitalization in six months. 
The $6.2 billion KraneShares CSI China Internet Fund (KWEB) received $529 million in fresh cash in the week ending May 20, its largest inflow since January. That’s about half of the additions to U.S.-listed emerging market ETFs that invest across developing nations as well as those that target specific countries, which totaled $1.03 billion last week, according to data compiled by Bloomberg. 


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