Another Alibaba Pop for the China Internet ETF
June 11, 2014 at 13:05 PM EDT
Shares of the KraneShares CSI China Internet Fund (NYSEArca: KWEB) are higher by 1.6% Wednesday on news that Chinese e-commerce giant Alibaba could become a public much sooner than previously expected. Previous speculation that Alibaba would price its IPO on August 8 “because the number eight is...