Psst, ETFs Offer Clue Why Alibaba And China Internet Stocks Are Surging [ ibdchart symbol ="KWEB" type="daily" size="full" position="leftchart" ] "As ETF and index fund assets increase, these (index) rebalances become.
Holding a basket of 74 stocks, the fund tracks the Renaissance IPO Index. Alibaba takes the second spot with 9.6% allocation, behind Twitter.
China's Shanghai Composite Index CN:SHCOMP tumbled 8.5% on Monday Ecommerce ETF, including Chinese Internet retailer Alibaba Group Holding It trades on the Nasdaq US:COMP; Rocket Internet SE XE:RKET . More information on NASDAQ traded symbols and their current financial status. Biggest Chart Signal: See It Here And How It Made Members 25K In 3 Days
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