Loading…
Loading…
KFVG (KraneShares CICC China 5G & Semiconductor Index ETF) is no longer actively trading.
This usually means the company was acquired and taken private, delisted from its exchange, or its ticker has been retired. Every price, valuation, dividend, and analyst figure on this page is frozen at the last available trading session and reads as historical reference — not a current-day signal.
See exactly how KFVG's revenue becomes profit — a Sankey that traces revenue (and its reported segments) through gross profit, operating expenses, and net profit, with the year-over-year change on every line.
The same diagram the Chart Builder draws, right on the Summary tab. Upgrade to unlock it for KFVG and 80,000+ other tickers.
This fund is designed to allocate a minimum of 80% of its total assets to investments that are either constituents of its underlying benchmark index or possess comparable economic attributes. The benchmark index itself is comprised of China A-Shares that can be accessed via the Shanghai-Hong Kong Stock Connect or Shenzhen-Hong Kong Stock Connect programs. Additionally, it includes Chinese companies domiciled in China but listed on stock exchanges in Hong Kong or the United States. It is important to note that this fund maintains a non-diversified portfolio.
Chinese companies are being encouraged to return cash to shareholders - and are finding good reasons to do so. Regulators are encouraging companies to focus on shareholder returns, and changing macroeconomic conditions are making it easier for Chinese companies to pay dividends. Given the risks, we think an active investing approach is especially important when investing in high-dividend Chinese stocks.
The latest figures published by the People's Bank of China show that credit and liquidity are stalling as demand for new loans declines. Deteriorating confidence in China's prospects explains why households prefer paying down debts while companies borrow less.
Data came in generally in line or slightly weaker than forecasts, as weak confidence continued to depress investment and consumption. New home prices fell by -0.65% MoM in July, compared to a -0.67% MoM drop in June.
Wall Street was moderately upbeat last week. The tech rally mainly pushed up the S&P 500 and the Nasdaq.
The People's Bank of China kept the one-year medium-term lending facility rate unchanged at 2.5% today, in line with market expectations. We believe that in conjunction with today's data releases and the start of rate cuts in other central banks such as the European Central Bank and Bank of Canada, the odds of a PBoC rate cut in the coming months have risen.