KWEB ETF Outperforms SPY by 272% – Can It Repeat in 2026?

While the SPDR S&P 500 ETF (SPY) delivered respectable 13.67% returns year-to-date, the KraneShares CSI China Internet ETF (KWEB) surged 37.19%, creating a stunning 272% performance gap. This satellite ETF provides exposure to Chinese internet giants like Alibaba, Tencent, and PDD Holdings with minimal overlap to traditional U.S. indices, offering investors a compelling diversification opportunity as Chinese tech stocks rebound strongly after years of underperformance.

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Goldman Sachs Bullish on 10 China Stocks as ‘Magnificent 7’ Rivals

Goldman Sachs has identified ten Chinese companies—including Tencent, Alibaba, BYD, and Xiaomi—as high-growth prospects, comparing them to the US ‘Magnificent 7.’ The bank’s analysts highlight favorable regulations, AI investments, and government support for private enterprises as catalysts for a projected 13% earnings growth over the next two years. These firms span sectors like e-commerce, EVs, gaming, and pharmaceuticals, reflecting China’s push for self-sufficiency and global expansion. Goldman also notes the Chinese equity market’s undervaluation and improved M&A regulations as additional tailwinds.

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Asian Markets Mixed as Chinese Shares Rally Amid US Economic Concerns

Asian shares showed mixed results, with Chinese markets rising after Wall Street’s losses due to inflation and tariff concerns. The Hang Seng surged 3.4%, driven by tech stocks, while Japan’s Nikkei 225 fell 0.8%. U.S. consumer pessimism is growing, raising recession fears, as economic reports indicate a shift in sentiment.

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Asia stocks mixed as Chinese technology shares decline amid tariff threats

Asia’s stock markets showed mixed results, with Chinese technology stocks declining after a brief rally. The Hang Seng Index fell 0.14%, while the Shanghai Composite rose 0.81%. Japan’s Nikkei 225 dropped 0.27% amid tariff threats from the U.S., and South Korea’s KOSPI gained 1.7%. In the U.S., stocks reached record highs, with the S&P 500 up 0.2%. Energy prices rose, with U.S. crude at $72.53 a barrel. The U.S. dollar weakened against the yen, trading at 151.76.

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Global Markets React to Chinese Tech Surge and Economic Developments

Wall Street anticipates gains as Chinese tech stocks surge following President Xi Jinping’s supportive meeting with entrepreneurs, including Alibaba’s Jack Ma. Conagra’s shares fell 5.1% due to profit guidance cuts linked to supply issues. Global markets show mixed results, with China’s stocks outperforming others this year amid cautious optimism over U.S.-China relations and potential tariff negotiations.

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Asian Stocks Rise as Chinese Technology Sector Gains Momentum

Asian stocks mostly rose, driven by a rally in Chinese technology shares following President Xi Jinping’s supportive meeting with entrepreneurs. The Hang Seng climbed 1.64%, while the Shanghai Composite and Japan’s Nikkei 225 also saw gains. Investors are optimistic about a potential shift in China’s tech policy amid improving U.S.-China relations.

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Asian stocks rise as China’s technology sector gains momentum

Asian stocks mostly rose, driven by a rally in Chinese technology shares following President Xi Jinping’s supportive meeting with entrepreneurs. The Hang Seng climbed 1.64%, while the Shanghai Composite gained 0.15%. Despite a slight dip in Australia, optimism remains as investors eye potential long-term policy shifts in China’s tech sector.

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Asian stocks rise as China’s technology sector gains support from leadership

Asian stocks mostly rose, driven by a rally in Chinese technology shares following President Xi Jinping’s supportive meeting with entrepreneurs. The Hang Seng climbed 1.64%, while the Shanghai Composite gained 0.15%. Despite a slight dip in Australia’s S&P/ASX 200, optimism remains as investors eye potential long-term policy shifts in China’s tech sector amidst global trade tensions.

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China stock markets surge on potential Xi Jinping Jack Ma meeting

Chinese President Xi Jinping’s potential meeting with Alibaba co-founder Jack Ma is expected to boost investor confidence, further rallying tech stocks in the country. The Hang Seng China Enterprises Index rose significantly, driven by Alibaba and Tencent’s integration of AI technology from DeepSeek. Analysts suggest this meeting could symbolize a shift in the government’s stance towards supporting the private sector, marking a potential end to the tech crackdown initiated in 2020.

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Apple Stock Declines Amid iPhone Price Cuts and Competition in China

Apple’s stock fell over 3% to $242.64 following reports of price cuts on iPhones in China, where discounts reach up to 500 yuan ($68.50). This move aims to counter competition from local rivals like Huawei, which has gained market share with AI features. UBS analyst David Vogt has lowered iPhone sales estimates for the December quarter, predicting a 5% year-over-year decline.

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