{"slug": "alibaba-s-apple-tie-up-adds-fuel-to-china-s-hottest-etf-chart-of-the-day", "title": "Alibaba's Apple tie-up adds fuel to China's hottest ETF: Chart of the Day", "summary": "The KraneShares CSI China Internet ETF (KWEB) has jumped nearly 13% in July, leading thematic ETFs, driven by Alibaba's (BABA) 27% monthly gain after China approved Apple Intelligence for iPhones, with Alibaba's Qwen model to be integrated across Apple devices in China. Despite the rally, KWEB remains down more than 73% from its February 2021 record of $103.56, trading near $28.", "body_md": "Alibaba ([BABA](https://finance.yahoo.com/quote/BABA/)) is helping power a broad China internet rebound. KWEB is still buried nearly 75% below its record.\n\nThe KraneShares CSI China Internet ETF ([KWEB](https://finance.yahoo.com/quote/KWEB/)) has jumped nearly 13% in July, putting it atop the thematic ETF leaderboard even as the Nasdaq Composite ([^IXIC](https://finance.yahoo.com/quote/%5EIXIC/)) has fallen about 2%.\n\nThis embedded content is not available in your region.\n\nAlibaba is leading the rally, up nearly 27% this month.\n\nThe latest boost came after [China registered Apple Intelligence for use on iPhones in the country](https://finance.yahoo.com/technology/ai/articles/alibaba-stock-just-got-apple-193002597.html), clearing a major regulatory hurdle for its long-delayed rollout.\n\nAlibaba said its Qwen model will be integrated across Apple's iPhone, iPad, Mac, and Vision Pro operating systems in China. Apple is also working with Baidu on features for Chinese users, though regulators did not provide a launch date.\n\nThe approval gives Apple a path to close a major product gap in China, where advanced AI features have become a key battleground among smartphone makers.\n\nFor Alibaba, the tie-up puts Qwen inside one of the world's largest consumer-device ecosystems.\n\nApple ([AAPL](https://finance.yahoo.com/quote/AAPL/?utm_source=chatgpt.com)) has already been [one of the Dow's strongest July performers](https://finance.yahoo.com/markets/article/apple-goldman-sachs-and-chevron-are-powering-the-dow--for-wildly-different-reasons-alphacheck-181535203.html), up more than 12% this month.\n\nKWEB has kept pace with Apple and outrun every Magnificent Seven stock except Meta ([META](https://finance.yahoo.com/quote/META/)). Microsoft ([MSFT](https://finance.yahoo.com/quote/MSFT/)) is up roughly 8% in July and Amazon ([AMZN](https://finance.yahoo.com/quote/AMZN/)) about 5%, while Nvidia ([NVDA](https://finance.yahoo.com/quote/NVDA/)) has gained just over 2%.\n\nAlibaba is not alone. JD.com ([JD](https://finance.yahoo.com/quote/JD/)) has climbed about 20% in July, KE Holdings ([BEKE](https://finance.yahoo.com/quote/BEKE/)) roughly 18%, and PDD Holdings ([PDD](https://finance.yahoo.com/quote/PDD/)) about 13%.\n\nThe latest surge extends a [China tech comeback that began gathering momentum this spring](https://finance.yahoo.com/markets/article/chinas-tech-comeback-faces-a-test-as-trump-xi-meeting-looms-chart-of-the-day-100000729.html).\n\nBut the longer chart remains brutal.\n\nKWEB closed at a record $103.56 in February 2021. At roughly $28 today, the fund remains down more than 73%.\n\nThis embedded content is not available in your region.\n\nThe immediate test sits near $27.50 to $28, a zone that repeatedly shaped trading earlier this year. Holding above it would put the spring highs near $31 back in view.\n\nA break above $31 would open the door to a larger recovery. Below $27.50, KWEB would remain trapped beneath the top of its 2026 range.\n\n*Jared Blikre is the global markets and data editor for Yahoo Finance. Follow him on X at **@SPYJared** or email him at jaredblikre@yahooinc.com.*\n\n**Click here for in-depth analysis of the latest stock market news and events moving stock prices**\n\n**Read the latest financial and business news from Yahoo Finance**", "url": "https://wpnews.pro/news/alibaba-s-apple-tie-up-adds-fuel-to-china-s-hottest-etf-chart-of-the-day", "canonical_source": "https://ca.finance.yahoo.com/news/alibabas-apple-tie-up-adds-fuel-to-chinas-hottest-etf-chart-of-the-day-101500518.html", "published_at": "2026-07-21 10:00:00+00:00", "updated_at": "2026-07-21 10:08:23.450098+00:00", "lang": "en", "topics": ["artificial-intelligence", "ai-products", "ai-policy"], "entities": ["Alibaba", "Apple", "KraneShares CSI China Internet ETF", "Baidu", "Qwen", "Jared Blikre", "Yahoo Finance"], "alternates": {"html": "https://wpnews.pro/news/alibaba-s-apple-tie-up-adds-fuel-to-china-s-hottest-etf-chart-of-the-day", "markdown": "https://wpnews.pro/news/alibaba-s-apple-tie-up-adds-fuel-to-china-s-hottest-etf-chart-of-the-day.md", "text": "https://wpnews.pro/news/alibaba-s-apple-tie-up-adds-fuel-to-china-s-hottest-etf-chart-of-the-day.txt", "jsonld": "https://wpnews.pro/news/alibaba-s-apple-tie-up-adds-fuel-to-china-s-hottest-etf-chart-of-the-day.jsonld"}}