Epic collapse of KWEB

[nitrene]

Yeah. I'm pretty sure that is the endgame for the CCP. Now that they got the money from the West move them back to the HK exchange. At least that is the rhetoric from Xi and friends.

 

[mervyn]

Yeah. I'm pretty sure that is the endgame for the CCP. Now that they got the money from the West move them back to the HK exchange. At least that is the rhetoric from Xi and friends.

we started it with trump, so they left.

 

[qwerty11]

$15!
If it hits $15 that’s a huge buy and don’t look at for 5 years

Hope you didn't do? It could barely hold $10 last days/weeks...

 

[Clubber Lang]

Hope you didn't do? It could barely hold $10 last days/weeks...

???
I’m showing the 52 week low at $33.62

Was there a R/S??

 

[qwerty11]

CWEB...

 

[maxinger]

well. If you do it for a few similar stocks, you have to top up your trading account soon.


This is the stock not for investing as there is no indication that it is going up (as of now).
This is the stock not for shorting as the time to short it was a few months ago.

In summary, there are other better stocks for
investing,
and there are other stocks for shorting.

All the best mister.

Soon it might be around zero

 

[curiousGeorge8]

The best buying opportunity is when the delisting happens.

 

[nitrene]

KWEB (or the 2X CWEB) seems like it may have bottomed. It seems to not fall much anymore and it has done a lot better than the US tech stocks recently. However on CNBC Asia this morning a few analysts seem to intimate the crack down on regulation isn't quite done yet. Assuming the stocks in the ETF don't get the death penalty its probably worth the risk.

I've noticed the EEM seems to outperform the US markets recently so maybe the US dollar will finally fall. You really need the tailwind of a falling dollar to realistically outperform if your buying these foreign ETFs.

 

[curiousGeorge8]

KWEB (or the 2X CWEB) seems like it may have bottomed. It seems to not fall much anymore and it has done a lot better than the US tech stocks recently. However on CNBC Asia this morning a few analysts seem to intimate the crack down on regulation isn't quite done yet. Assuming the stocks in the ETF don't get the death penalty its probably worth the risk.

I've noticed the EEM seems to outperform the US markets recently so maybe the US dollar will finally fall. You really need the tailwind of a falling dollar to realistically outperform if your buying these foreign ETFs.

A majority of holdings of kweb are either listed in US or HK, as the HK dollar is pegged to the US dollar, the currency risk is minimum.

 

[bermondsey]

What happens to KWEB options if the ETF is dissolved and then starts trading as an ETF on the HK stock exchange? I'm not sure if this is a plausible scenario, but still wondering.