🟢 China Internet ETF (KWEB) is trading 3% up on October 5, 2026, as Alibaba and several China ADRs rise

KWEB is trading at $24.59, up 3.04%, as U.S.-listed Chinese technology shares rallied.

• Alibaba rose nearly 4%, and several other China ADRs also gained, supporting KWEB’s internet-stock holdings.
• Softer U.S. payrolls and stronger risk appetite helped underpin the move; Hong Kong’s Hang Seng Tech index rose 0.62% at close, while the broader market’s gain was modest.
• Reports point to a China-tech rebound, not a broad China-market surge; mainland markets were closed for the National Day holiday.