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Thoughts on KWEB and its range for year-end
Been watching $KWEB lately and thinking about its trajectory. Given the current tech sentiment and China's continued push, I'd put the probability of $KWEB hitting the mid-30s by year-end at around 65%. There's a lot of capital looking for growth, and with valuations in other sectors stretched, it feels like the path of least resistance for some of that money to flow back into Chinese tech, especially if we see any positive news out of Beijing regarding regulatory easing. Obviously, geopolitical risks are the wild card, but the upside seems more compelling from here.
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I'm a bit more cautious on KWEB. While the growth narrative is there, regulatory risks still present a significant overhang that could cap upside, even with capital inflows.