KraneShares Bosera MSCI China A 50 Connect Index ETF (KBA)
| Assets | $176.79M |
| Expense Ratio | 0.56% |
| PE Ratio | 13.75 |
| Shares Out | 7.20M |
| Dividend (ttm) | $0.51 |
| Dividend Yield | 2.06% |
| Ex-Dividend Date | Dec 17, 2024 |
| Payout Frequency | Annual |
| Payout Ratio | 28.25% |
| Volume | 24,439 |
| Open | 24.84 |
| Previous Close | 24.70 |
| Day's Range | 24.80 - 24.90 |
| 52-Week Low | 20.64 |
| 52-Week High | 31.19 |
| Beta | 0.36 |
| Holdings | 53 |
| Inception Date | Mar 5, 2014 |
About KBA
Fund Home PageThe KraneShares Bosera MSCI China A 50 Connect Index ETF (KBA) is an exchange-traded fund that is based on the MSCI China A 50 Connect index. The fund tracks a subset of market cap-weighted large- and mid-cap Chinese equities listed in Shanghai and Shenzhen. KBA was launched on Mar 5, 2014 and is issued by KraneShares.
Top 10 Holdings
45.89% of assets| Name | Symbol | Weight |
|---|---|---|
| Contemporary Amperex Technology Co., Limited | 300750 | 7.15% |
| Zijin Mining Group Company Limited | 601899 | 6.63% |
| Kweichow Moutai Co., Ltd. | 600519 | 5.97% |
| China Merchants Bank Co., Ltd. | 600036 | 4.59% |
| BYD Company Limited | 002594 | 4.52% |
| Foxconn Industrial Internet Co., Ltd. | 601138 | 3.93% |
| China Yangtze Power Co., Ltd. | 600900 | 3.78% |
| Jiangsu Hengrui Medicine Co., Ltd. | 600276 | 3.52% |
| Wanhua Chemical Group Co., Ltd. | 600309 | 2.92% |
| Luxshare Precision Industry Co., Ltd. | 002475 | 2.88% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 17, 2024 | $0.51169 | Dec 18, 2024 |
| Dec 18, 2023 | $0.48492 | Dec 20, 2023 |
| Dec 14, 2022 | $6.25142 | Dec 16, 2022 |
| Dec 29, 2021 | $3.93637 | Dec 31, 2021 |
| Dec 29, 2020 | $0.29756 | Dec 31, 2020 |
| Dec 27, 2019 | $0.4987 | Dec 31, 2019 |
Performance
KBA had a total return of 15.75% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.07%.
News
Hang Seng Index: Transforming Into A Medium-Term Bearish Trend Despite Improving Services PMI From China
Sentiment remains fragile in China and Hong Kong stock market even China services activities have improved in December. Weak market breadth and a persistent bearish trend of the Chinese yuan since Nov...
China's Policy Measures: A Pivotal Week?
China's policymakers have announced a significant package of easing measures designed to lift China from a state of entrenched economic weakness. The reception from global markets has been very positi...
China's Data Dump Shows That Time Is Running Out To Achieve This Year's Growth Target
Data largely came in weaker than already cautious forecasts, and with a less supportive base effect, we will need to see a significant stimulus push to reach this year's growth target. Looking at the ...
China Will Struggle To Hit Its 5% Growth Target This Year
Momentum in the Chinese economy has softened in the past few months as pessimism becomes increasingly entrenched. That suggests further supportive policy measures are needed.
Chinese Equities: How Investors Can Unlock The Power Of Dividends
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 macroe...
China's Stalling Credit Market Signals an Era Of Stagnation
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 hous...
China's Key Growth Indicators Continue To Present A Case For Further Policy Easing
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% M...
The Chinese Economy Is In Trouble, Here Are The Warning Signs
China has been hit with two major crises as their financial and real estate sectors collapse simultaneously. Deflation, unemployment, divestiture, and lowered consumption are affecting all levels of s...
China's Credit Activity Remained Weak In July
New aggregate financing and loans both missed forecasts again in July amid high real interest rates and limited borrowing appetite. New RMB loans fell into contraction at RMB 770.8bn, lowering the yea...
China's Sluggish May Economic Data To Increase Calls For Rate Cuts
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 ...
China Accelerates Policy Support Rollout Amid Mixed Data
Key economic indicators are mixed in China and, in fact, were mostly weaker than expected last month. So, policymakers are now stepping up support for the property sector in particular.
KBA: Long-Term Recovery Play At 13x Earnings
The KraneShares Bosera MSCI China A 50 Connect Index ETF tracks the MSCI China A 50 Connect Index. Chinese equities have struggled over the last 3 years, and while KBA is still in the red, it is outpe...
China's May PMI Disappointed As Manufacturing Fell Back Into Contraction
Manufacturing sector PMI fell back into contraction amid weak orders and slowing production. Given a fairly strong positive correlation between the data, the disappointing PMI release sends a warning ...
Thinking Hard About The China Overproduction Narrative
Concerns about “overcapacity” arise primarily for goods linked to high-wage jobs, not for low-wage industries like clothing or toys. China sees its success as a result of a system that blends state co...
KBA: Still A Compelling Play On China's Market Revival
China's fortunes have turned after the New Year. But even after the rally, valuations remain quite attractive. Mainland ETFs like KBA should do well.
PBOC Held Rates Steady In March
The PBOC held the 1-year medium-term lending facility (MLF) rate at 2.5% in March. The PBOC remains on a dovish tilt, but depreciation pressure on the RMB limits room for monetary easing in China befo...
Emerging Markets Growth Remains Solid Amid Intensifying Inflationary Pressures
Emerging markets continued to expand at a solid pace midway into the first quarter of 2024, supported by broad-based expansion across both manufacturing and service sectors.
KBA: Poised To Benefit From A Chinese Dragon Year Turnaround
China ushers in its year of the dragon with a notable step up in policy intervention. Amid all the negative news flow, it's easy to overlook the fact that large-cap earnings are still growing strongly...
Enter The Dragon: Parsing Lunar New Year Opportunities Among Emerging Markets
China and Hong Kong markets had a humbling 2023 with equities down more than 10%. Beijing has also begun stepping up tourism and travel promotions, granting visa-free entry to 11 countries, with Singa...
China: January 2024 CPI Inflation Fell To The Lowest Level Since 2009, Likely To Mark The Bottom
China's January CPI inflation was weaker than forecast at -0.8% YoY, which marks the lowest level since September 2009. We expect this to mark the bottom of the current cycle.