$KWEB

The article discusses how legacy businesses require time to phase out, suggesting that significant transitions in the market may not happen overnight. This slow transition appears to be impacting investor sentiment towards technology-focused ETFs like KWEB, which invests in Chinese internet companies. The need for gradual change may lead to increased volatility in the tech sector as companies adapt to new market conditions. Furthermore, companies with traditional business models may continue to weigh on the performance of these ETFs in the near term. Overall, while there is potential for long-term growth, short-term challenges remain prevalent.