The rebound in Chinese tech stocks still has plenty of doubters, but shares could continue to climb, according to Ritholtz Wealth Management CEO Josh Brown.
The fund has rallied in 2024 so far following three straight years of losses, and Brown said Thursday that the sentiment had gotten way too negative on Chinese stocks.
KWEB 5Y mountain The KWEB fund is up in 2024 after several years of losses.
As the full fund name implies, KWEB is not a broad index fund of the Chinese market.
Instead, it focuses on growth-oriented tech stocks.
Persons:
Josh Brown, Brown, Jim Grant, KWEB
Organizations:
Ritholtz Wealth, CNBC, CSI China Internet, Tencent Holdings
Locations:
United States, China