The best Chinese Internet player

What is the most active and eye-attracting business sector in China? Definitely Internet-related business! For those who know China, Chinese people are not necessarily good at originating new technology, but they are for sure very good at expanding and applying any new ideas. Oftentimes, with full imagination beyond the original scope! If you don't want to miss the boat and want to ride the e-Commerce train in China, I have found a great one-stop player: KraneShares CSI China Internet ETF (KWEB). This is a quite new ETF that holds almost all the key online business players in China. You can take a look here at Morningstar about its information. You will notice that it has held the big Internet fishes such as Baidu, Soufun, NetEase, Qihoo, & Tencent etc. Such heavy weight players are well established businesses and are often also traded in the US stock markets. There is probably one additional perk. You may have heard that the No.1 Chinese online retailer, Alibaba, will issue its IPO this year. This will likely be a very successful long-term story and I'm sure there will be a huge interest in chasing the Alibaba's stocks. One way to play Alibaba is to buy Yahoo stocks that I first told you 2 years ago and many times thereafter. Yahoo has a significant stake in Alibaba. But buying KWEB may be another great way to get exposure to Alibaba with much lower risks. Although no guaranteed, I'm pretty sure that KWEB will buy Alibaba big time at some point. It will be very hard to understand why it will not given its focus is in the Chinese e-Commerce. I hope KWEB can come down a bit and if so, I think this will be a great buy if you are also interested in the huge online market in China.