KraneShares ICBCCS SSE STAR Market 50 Index

Chinese companies

(KSTP)
£10.87
Previous business day’s close price
£2.29 (‑17.37%)
max available period
£7.38
£13.46

17 May 23
22 Nov 24

Details

ETF description

This ETF provides exposure to companies that are part of China’s STAR Market, a stock exchange focused on high‑tech and innovative businesses. The companies within this ETF are generally involved in cutting‑edge sectors such as technology, healthcare, and advanced manufacturing. The STAR Market was established to support the growth of Chinese firms in these industries, offering them a platform similar to that of major international technology‑focused stock exchanges.

This ETF may appeal to investors who are interested in gaining exposure to the rapid innovation and growth occurring in China’s technology and science‑driven sectors. It could be suited for those who have a long‑term outlook and believe that China will continue to play a significant role in global technological advancement.

Issuer details

Krane Funds Advisors, LLC is the investment manager for KraneShares ETFs. The firm is focused on providing investors with strategies to capture China’s importance as an essential element of a well‑designed investment portfolio. KraneShares ETFs represent innovative, first to market strategies that have been developed based on the firm and its partners’ deep knowledge of investing. These strategies allow investors to stay current on global market trends and provide meaningful diversification. Krane Funds Advisors, LLC, is a signatory of the United Nations‑ supported Principles for Responsible Investing (UN PRI). In 2018, KraneShares established operations in the United Kingdom (UK) and Europe to better deliver its renowned China‑focused ETFs to investors in the region. In addition to launching UK/Europe‑specific versions of its most popular US‑listed funds, KraneShares also develops strategies tailored to meet the specific needs of its UK/European clients.

Index details

The Index is comprised of the 50 largest companies listed on the SSE Science and Technology Innovation Board (STAR Market) as determined by market capitalization and liquidity.

This ETF is in collections:

ETF Breakdown

Hygon Information Technology Co Ltd
9.6%
Advanced Micro‑Fabrication Equipment Inc
8.3%
Cambricon Technologies Corporation Limited
7.8%
Beijing Kingsoft Office Software Inc
5.7%
Montage Technoloey Co Ltd
5.4%
Shanghai United Imaging Healthcare
3.6%
Shenzhen Transsion Holding Co Ltd
3.5%
National Silicon Industry Group Co. Ltd.
3.2%
Jinko Solar Ltd A
2.9%
Zhejiang Supcon Technology Co Ltd
2.7%
Beijing Roborock Technology Co Ltd
2.4%
China Resources Microelectronics Limited
2.3%
Hwatsing Technology Co., Ltd
2.3%
Piotech Inc A
2.3%
Trina Solar Co Ltd
2.1%
Loongson Technology Corp. Ltd.
2.0%
Amlogic (Shanghai) Co Ltd
1.9%
Apt Medical Inc‑A Cny 1.0000
1.8%
Western Superconducting Technologies Co. Ltd.
1.8%
VeriSilicon Microelectronics Shanghai Co Ltd
1.6%
Xinjiang Daqo New Energy Ltd A
1.5%
Biwin Storage ‑A
1.4%
China Railway Signal & Communication Corporation Limited
1.4%
Shanghai Junshi Biosciences Co Ltd
1.3%
Shanghai Friendess Electronic Technology Corporation Limited
1.3%
Sichuan Biokin‑A
1.2%
Cathay Biotech Inc
1.2%
Shanghai Fudan Microelectronics Group Company Ltd
1.1%
Galaxy Core Inc Class A
1.1%
Zhuzhou CRRC Times Electric Co Ltd.
1.1%
Bloomage BioTechnology Corporation Ltd.
1.0%
Sicc Co. Ltd. Class A
0.9%
Everdisplay Optronics
0.9%
MGI Tech Co Ltd
0.9%
Nexchip Semico‑A
0.8%
Acm Research Shanghai Inc.
0.8%
Avic Chengdu Uas Co. Ltd.
0.8%
Qi An Xin Technology Group Inc
0.7%
Asr Microelectronics Co Ltd Class A
0.7%
iRay Technology Company Limited
0.7%
United Nova Te‑A
0.6%
Sany Renewable‑A
0.6%
Csi Solar Co Ltd‑A
0.5%
Hangzhou Ezviz‑A
0.4%
Tianneng Batte‑A
0.3%
Zhongfu Shenyi‑A
0.2%
Others
3.1%
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