🟢 Greater China ETF (KWEB) is trading 3.2% up in pre-market on Beijing buyback and liquidity support

KWEB is trading at $24.02, up +3.19%, as investors responded to Beijing’s support for share buybacks and market liquidity.

• The PBOC cut its relending rate to 1%.
• Hong Kong’s Hang Seng Tech Index rose 1.77%, with gains in AI hardware and other technology shares supporting China internet-sector sentiment.
• The confirmed U.S. election result eased some uncertainty, though regulatory concerns remain.