KraneShares CSI China Internet ETF

KWEB

Market cap $6.61B

In 2019, while researching a book on the U.S.-China competition, I visited Huawei's sprawling new R&D campus in Dongguan, a city about an hour's drive from the company's Shenzhen headquarters.

Our global markets watchlist tracks nine prominent indexes from economies around the world.

China's upcoming index rebalancing is expected to trigger more than $48 billion in gross two-way passive flows, according to Goldman Sachs, setting up a wave of mechanical buying and selling across some of the country's biggest onshore benchmarks. The semi-annual changes affect major CSI and CNI indexes and will be implemented in mid-June.

China has issued new rules expanding state oversight of overseas transactions involving Chinese investors, technology, data and national security, underscoring Beijing's efforts to tighten control over sensitive assets as artificial intelligence becomes a bigger strategic concern. The measures, published by the State Council, will take effect on 1 July.

China is tightening scrutiny of outbound capital flows after forcing the unwinding of the Meta-Manus deal, as authorities seek to safeguard the economy amid heightened technology rivalry with the U.S.

Matthews Asia's Sean Taylor explains why he remains constructive on China despite the broader indexes lagging some high-performing sectors. He also outlines his South Korea strategy, including an overweight call on chipmakers balanced by exposure to industrials.

China is designing a futures market for AI tokens as the country explores new financial tools linked to the rapidly expanding artificial intelligence sector. The Shanghai Futures Exchange is in the early stages of designing futures contracts tied to so-called AI tokens, which are the smallest units of information processed by AI models, sources familiar with the matter told Reuters.

Hong Kong securities regulator has raided the local arms of two major Chinese brokerages as it investigates suspected misconduct tied to share offerings, sources ​said, the latest move by authorities to ramp up policing of an ‌IPO boom in the city.

Our global markets watchlist tracks nine prominent indexes from economies around the world.

Sam Vadas breaks down the latest selloff in Chinese stocks as new concerns emerge over China's new AI regulations. She says regulatory uncertainty is pressuring investor sentiment.