KraneShares Launches First China STAR Market ETF, KSTR, in the U.S.
On Wednesday, Krane Funds Advisors, LLC, (“
KraneShares“), a global asset management firm known for its China-focused ETFs and innovative China investment strategies, announced the launch of the
KraneShares SSE STAR Market 50 Index ETF (KSTR) on the New York Stock Exchange.
KSTR tracks the Shanghai Stock Exchange (SSE) Science and Technology Innovation Board 50 Index. The Index comprises the 50 largest securities listed on SSE Science and Technology Innovation Board (STAR Market) as determined by market capitalization and liquidity.
As China has quickly become a world leader in innovation, the Shanghai Stock Exchange developed the STAR Market to promote China’s high growth publicly-listed science and technology companies. The STAR Market includes companies from industries such as new-generation information technology, biomedicine, new energy, and environmental protection.
The Bank of Japan's holdings of exchange-traded funds (ETF) is likely reaping unrealised profits of around 12-13 trillion yen ($116 billion-125 billion), BOJ Governor Haruhiko Kuroda said on Wednesday.
Bank of Japan Governor Haruhiko Kuroda on Wednesday rebuffed criticism that the central bank's purchases of exchange-traded funds (ETF) were distorting markets, suggesting it will make no major tweaks to its asset-buying programme for the time being.
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NEW YORK, Jan. 27, 2021 /PRNewswire/ Krane Funds Advisors, LLC, (
KraneShares ), a global asset management firm known for its China-focused exchange-traded funds (ETFs) and innovative China investment strategies, today announced the launch of the KraneShares SSE STAR Market 50 Index ETF (Ticker: KSTR) on the New York Stock Exchange (NYSE).
KSTR tracks the Shanghai Stock Exchange (SSE) Science and Technology Innovation Board 50 Index. The Index comprises the 50 largest securities listed on SSE Science and Technology Innovation Board (STAR Market) as determined by market capitalization and liquidity.
As China has quickly become a world leader in innovation, the Shanghai Stock Exchange developed the STAR Market to promote China s high growth publicly-listed science and technology companies. The STAR Market includes companies from industries such as new-generation information technology, biomedicine, new energy, and environmental protection.
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