Kraneshares China Internet And Covered Call Strategy ETF (KLIP): It looks kind of ominous -...

Kraneshares China Internet And Covered Call Strategy ETF (KLIP)

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Re: nowwhat2 post# 6

Wednesday, 10/04/2023 6:47:40 AM

Wednesday, October 04, 2023 6:47:40 AM

It looks kind of ominous - ,
I just bought some on a lark for the monthly dividend. I got 0.83 I believe, but China in general looks to be having major problems with commercial real estate and companies leaving. It looks like a slow downturn with the possibility of a major Black Swan event that could be catastrophic.

https://apnews.com/article/china-evergrande-trading-property-kong-hui-944c672c21a1c43bfb38567989d38c6e

https://www.cnn.com/2023/07/07/tech/jack-ma-ant-group-fine/index.html#:~:text=China's%20top%20financial%20regulators%20have,consumer%20protection%20and%20corporate%20governance.

https://www.cnbc.com/2023/03/21/vanguard-prepares-to-exit-china-funds-market-sources-say.html

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