Shareholders: Cast Your KraneShares Proxy Vote Today
News / Media

KraneShares China Fund (NYSE: KSTR) Up +71.70% Year-To-Date

By KraneShares

New York, NY — July 1, 2026 - KraneShares today announced that its China Semiconductor ETF, the KraneShares China Technology & Semiconductor STAR 50 Index ETF (NYSE: KSTR)*, returned +71.70% year-to-date (YTD) and +131.80% over the past year as of June 30th, 2026.1

For KSTR's standard performance and performance as of most recent month-end click here.

KSTR is a China ETF that provides exposure to the 50 largest companies listed on China's Science & Technology board: The STAR Market. China's STAR Market is often likened to a Nasdaq-style venue for its focus on next-generation technology and strategic emerging industries.

Top KSTR holdings include AI-chip manufacturer Cambricon Technologies (9.55% of KSTR net assets2), memory- and interconnect-chip designer Montage Technology (8.72% of KSTR net assets2), and semiconductor equipment maker Advanced Micro-Fabrication Equipment (7.88% of KSTR net assets2).

For KSTR's top ten holdings click here.

According to Bloomberg data, KSTR has a 92.71% allocation to the "Information Technology" Global Industry Classification Standard (GICS) sector.2 At the sub-industry level, 60.04% is allocated to "Semiconductors", with another 24.21% in "Semiconductor Materials & Equipment".2

“We are pleased by KSTR's performance over the past year, especially in 2026,” said Brendan Ahern, KraneShares' CIO. "KSTR has demonstrated that China's semiconductor industry is a beneficiary of the AI data center buildout, similar to the US, Taiwan, and South Korea."

"There is an insatiable demand for AI chips right now, yet global supply is not keeping up, which is causing prices in markets like Taiwan and South Korea to increase rapidly,” said Derek Yan, CFA, KraneShares' Senior Investment Strategist. "China's role in the global semiconductor trade is accelerating, helping to fulfill this demand while providing a high-quality, cost-effective alternative. We believe KSTR is a compelling tool to capture the next phase of semiconductor demand."

Additional notable KSTR holdings from the "Semiconductor" and "Semiconductor Materials & Equipment" sub-industries include Biwin Storage Technology (5.64% of KSTR net assets2), a China-based NAND flash and memory storage manufacturer; Yuanjie Semiconductor Technology (5.07% of KSTR net assets2), a semiconductor maker; and Hua Hong Grace Semiconductor (4.08% of KSTR net assets2), a manufacturer of semiconductor wafer foundry products.

For more information on the KraneShares China Technology & Semiconductor STAR 50 Index ETF (NYSE: KSTR)* and its innovative structure, please visit our China Semiconductor ETF page.


The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will acculturate so that an investor's shares, when redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. For performance data current to the most recent month end, please visit https://kraneshares.com/etf/kstr/.

About KraneShares

KraneShares delivers research-driven, high-conviction strategies connecting investors to the world’s most powerful growth themes. From emerging technologies, including humanoid robotics and physical AI, China’s dynamic capital markets, carbon credits, alternatives, and income, the firm offers differentiated exposures designed to capture the megatrends reshaping the global economy.

*Currently, the Fund trades under the name KraneShares SSE STAR Market 50 Index ETF. On or around July 20th, the fund's name will change to KraneShares China Technology & Semiconductor STAR 50 Index ETF, according to the Fund's prospectus.

Citations:

  1. Data from Bloomberg as of 6/30/2026. Performance figures are based on Fund NAV (Net asset value).
  2. Data and holding weight percentages from Bloomberg as of 6/29/2026.

Definitions:

Interconnect-chip: A specialized integrated circuit that manages high-speed data communication between processors, memory, and other components in systems such as servers and data centers.

Semiconductor Wafers: Thin, circular slices of crystalline silicon that serve as the base material on which integrated circuits are fabricated through lithography and other micro‑fabrication processes.

NAND Flash Storage: A type of non-volatile semiconductor memory that stores data in densely packed cells and retains information even when power is removed, commonly used in SSDs, USB drives, and mobile devices.