According to two people with close knowledge of the matter, BlackRock, Inc. (NYSE: BLK) plans to launch its first product in China's $220 billion onshore exchange-traded funds (ETF) market later this year and has started hiring accordingly.
Market Rebellion co-founder Pete Najaraian bought short-term Alibaba Group Holding Ltd (NYSE: BABA) call options earlier this week. He sold those calls following a surge in Alibaba's stock price.
On CNBC’s “Halftime Report Final Trades,” Jim Lebenthal of Cerity Partners named Alaska Air (NYSE: ALK) as his pick, saying that all airline companies had preannounced positively.
KraneShares CSI China Internet ETF (ARCA:KWEB) traded significantly higher Wednesday alongside several Chinese stocks following Chinese state media reports indicating China's financial stability and development committee urged market stability measures and mentioned cooperation with U.S. regulators.
On CNBC's "Options Action," Mike Khouw of Optimize Advisors said that KraneShares CSI China Internet ETF (NYSE: KWEB) traded around 3 times its average daily call volume on Thursday.
On CNBC’s "Trading Nation," Eva Ados of ERShares said there has been elimination of Chinese exposure in the previous year or so.
Chinese investments, especially ADRs, have been under pressure following several unpredictable regulatory announcements in the U.S., she commented.
KraneShares Trust KraneShares CSI China Internet ETF (NYSE:KWEB) shares experienced unusual options activity on Thursday. The stock price moved down to $43.62 following the option alert.
Shares of KraneShares Trust KraneShares CSI China Internet ETF (NYSE:KWEB) saw some unusual options activity on Monday. Following the unusual option alert, the stock price moved down to $46.2.
KraneShares Trust KraneShares CSI China Internet ETF (NYSE:KWEB) shares experienced unusual options activity on Wednesday. The stock price moved up to $51.18 following the option alert.