China Cuts the MLF Rate By 10 bps, KraneShares’ Ahern Responds
==BREAKING== #China cuts the MLF rate by 10 bps for the first time in 10 mths. Kraneshares' Brendan Ahern @ahern_brendan is underweight China but thinks the second half will be stronger, expecting stimulus. @tanvirgill2 @willkoulouris $CNY $CNH pic.twitter.com/eFfhr1JVAN
— CNBC's Street Signs (@StreetSignsCNBC) June 15, 2023
Brendan Ahern joined CNBC's 'Street Signs' to discuss the People's Bank of China (PBOC) medium-term lending facility (MLF) rate cut, US-China geopolitical green shoots, and how this could potentially benefit KWEB.
For KWEB standard performance, top 10 holdings, risks, and other fund information, please click here.
The linked video contains Brendan Ahern's opinion. It should not be regarded as investment advice or recommendation of specific securities.
Holdings are subject to change. Securities mentioned do not make up the entire portfolio and, in the aggregate, may represent a small percentage of the fund.
