STAR Market ETF Tests U.S. Appetite for China Tech Stocks
Reuters – The first exchange-traded fund (ETF) outside China that invests in Shanghai’s Nasdaq-style STAR Market starts trading on the New York Stock Exchange on Wednesday, testing Wall Street’s appetite for China-listed tech companies amid geopolitical tensions. “We believe that KSTR provides exposure to these growth segments of China’s economy which are very difficult for investors to access today,” said KraneShares CIO, Brendan Ahern.
Top 10 holdings for KSTR and standard performance can be found here. KSTR charges a 0.89% expense ratio.
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