Excerpt from Barron’s quoting DataTrek’s Jessica Rabe:
…. “Part of the draw has been the market’s steep declines. Take the KraneShares CSI China Internet ETF (KWEB), a proxy for China tech. Its decline from a high in February 2021 to this spring, when Chinese policy makers indicated their crackdown on the sector was winding down matched the Nasdaq’s full peak to trough decline during the 2000-2002 bear market, according to Jessica Rabe, co-founder of DataTrek Research“….
Read the full article here on Barron’s!