KWEB: China’s Premium Internet Companies Come At A Price

Hong Kong DKart/E+ via Getty Images KraneShares CSI China Internet ETF (NYSEARCA:KWEB) was created for investors to tap into the growth of China’s internet sector. KWEB gives you access to Chinese equivalents of companies like Google, Facebook, Twitter, eBay, and Amazon in an earlier stage of their development. I believe KWEB offers a selection of superior companies. However, these come at a costly valuation, therefore I regard KWEB as a hold. Fund Overview KraneShares is an investment management company that primarily focuses on ETFs centered around China. They aim to provide diversified and specialized investment opportunities. KraneShares has 28 ETFs…