🟢 Greater China ETF (KWEB) is trading 3.25% up in pre-market on Beijing’s 1% buyback relending rate

KWEB is trading at $25.11, up 3.25%, as Beijing’s policy supports sentiment toward Chinese equities.

• Beijing cut the central bank’s share-buyback relending rate to 1% and made the facility a standing tool.
• Banks’ applications exceeded 200 billion yuan, reinforcing expectations of liquidity support and company share purchases.
• The China-specific policy tailwind appears to outweigh mixed global technology signals, consistent with broader Chinese-market support measures.