It’s one of the wildcards for 2023 — China has loosened its zero-COVID policy, and if cases subside, there should be a meaningful boost to the world’s number-two economy. Investors aren’t waiting. The KraneShares CSI China Internet ETF KWEB, +0.46% has surged 95% from its late October lows, for instance. But after China reopens, won’t…
U.S. stocks had their worst day in nearly three weeks on Monday as protests in China raised global-growth risks and Federal Reserve officials said more interest-rate increases will be needed to subdue inflation. How stocks traded The Dow Jones Industrial Average DJIA, -1.45% finished down by 497.57 points, or 1.5%, at 33,849.46, not far from…
Investors in China-related assets who had expected a significant easing of COVID curbs were left disappointed this week as the country battles the worst wave of cases since Shanghai’s outbreak earlier this year. China-related ETFs tumbled this week, with shares of the iShares MSCI China ETF MCHI, -1.82% losing 3.4%. The KraneShares CSI China internet…