Last Friday, Weibo, the Chinese equivalent of Twitter (NYSE: TWTR) filed plans for an IPO. Earlier this year, JD.com, the primary rival to Chinese e-commerce juggernaut Alibaba, filed plans for its own IPO. Of course, Alibaba is the 800-pound gorilla in the China Internet IPO room. [ETFs for the Next Wave of China Internet IPOs]
The stock is not public yet, but it appears likely it will list on a U.S. exchange and when it does, KWEB can add Alibaba shares just 11 days after the IPO.
KraneShares CSI China Internet ETF
ETF Trends editorial team contributed to this post.