Larry Berman CFA, CMT, CTA KraneShares CSI China Internet KWEB-N BUY ON WEAKNESS Jul 12, 2021

Resistance has turned to support around $65. Around this level, the risk-reward is pretty good. It is an opportunity when it falls to these levels. Equivalent companies to Amazon in China is quite cheap.

These Chinese educational stocks were 7% of the index at the top of the stock. Now they are around 1% of the index. There is a chance all of them go to 0%. There are other good companies such as Chinese equivalents for Google, Amazon, etc. . There is a lot of value in them.

Reviews he's seen say that it's too focused on the net and software, too nichey. Perhaps look at something that's broader.

He's not typically a fan of investing in China, as regulations there can make it seem like the Wild West. Things can swing pretty heavily with the political climate. 

China is trying to inflate its market with interest rate cuts and other measures to try to promote economic growth. Some of the companies in this ETF will be major beneficiaries of that. Chinese tech companies have underperformed for a long time, provides an opportunity. Foresees a move up from the reflation trade. As long as the government doesn't get too involved, some companies are primed for a breakout.

This has rallied due to serious government stimulus in China. But such stimulus is historically fickle and unpredictable. So be careful here and take profits.