
KraneShares KSTR ETF Offers U.S. Investors Exposure to Cambricon, “China’s Answer to Nvidia,” Amid 2025 Rally
New York, NY – October 3rd, 2025 – Cambricon Technologies Corporation Limited (“Cambricon”), often described as “China's answer to Nvidia1,” has been one of the standout performers on Shanghai’s Science & Technology Innovation Board (“STAR Market”) in 2025.
Cambricon’s shares have gained about ~111% year-to-date amid strong revenue growth (+4,347.8% year-over-year as of 6/30/2025) and profitability milestones (Net income went from a RMB -545.3 million net loss in H1 2024 to RMB +1.04 billion net profit in H1 2025).2 U.S. investors seeking exposure to Cambricon and other STAR companies can consider the KraneShares SSE STAR Market 50 Index ETF (NYSE: KSTR)—the only U.S.-listed ETF that tracks the SSE STAR Market 50 Index.3
Founded in 2016, Cambricon designs AI chips for cloud, edge, and terminal applications. The STAR Market—often likened to a Nasdaq-style venue because of its focus on high-tech and strategic emerging industries like next-generation information technology, biomedicine, high-end equipment, and similar industries—serves as a platform for high-growth science and technology firms.
“Cambricon’s rapid ascent speaks to the scale and speed of innovation across China’s semiconductor and AI industries,” said Brendan Ahern, Chief Investment Officer at KraneShares. “Through KSTR, investors can gain exposure to STAR Market companies —including Cambricon—within a regulated, U.S.-listed vehicle.”
Launched on January 26, 2021, KSTR provides exposure to up to 50 companies that meet market capitalization and liquidity requirements listed on the STAR Market, connecting investors to China’s next generation of innovators across semiconductors, next-gen IT, biotech, and new energy. KSTR is the only U.S.-listed ETF licensing the SSE STAR 50 Index.3
KSTR Performance (YTD): As of the most recent data available, KSTR is up ~48% year-to-date.2
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed or sold, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted. For performance data current to the last month-end, please visit https://kraneshares.com/kstr.
For top 10 holdings, risks, and other important information about the KraneShares SSE STAR Market 50 Index ETF (Ticker: KSTR), please visit https://kraneshares.com/kstr.
High short-term performance from a limited number of the fund’s holdings is unusual, and investors should not expect such performance to be continued over the long term. Past performance does not guarantee future results.
Cambricon represents 12.55% of the fund (KSTR) as of 9/25/2025.2 Holdings are subject to change.
About KraneShares
KraneShares is a specialist investment manager focused on delivering global investors innovative, high-conviction strategies. The firm is known for its China-focused and climate-focused ETFs, as well as its solutions across emerging markets, carbon allowances, options income, and disruptive technologies like artificial intelligence and electric vehicles. KraneShares helps investors access transformative growth opportunities through research-driven products and educational resources.
For more information, visit www.kraneshares.com.
Citations:
- Reuters, “China investors seen looking past Cambricon index rebalance, staying bullish on AI,” as of 9/12/2025. Link: https://www.reuters.com/world/china/china-investors-seen-looking-past-cambricon-index-rebalance-staying-bullish-ai-2025-09-12/.
- Data from Bloomberg as of 9/25/2025.
- Data from Bloomberg as of 9/22/2025.
Definitions:
Revenue: The total amount of money generated by a company from its business activities, such as sales of goods or services, before any expenses are deducted.
Net income: Accounts for all revenues and subtracts all expenses, including cost of goods sold, operating expenses, interest, and taxes. It reflects the true bottom-line profit available to shareholders and provides the most comprehensive measure of profitability.