KraneShares Hang Seng TECH Index ETF (KTEC)
| Assets | $6.91M |
| Expense Ratio | 0.69% |
| PE Ratio | 22.80 |
| Shares Out | n/a |
| Dividend (ttm) | $0.02 |
| Dividend Yield | 0.18% |
| Ex-Dividend Date | Dec 28, 2022 |
| Payout Ratio | 4.05% |
| 1-Year Return | +7.80% |
| Volume | 1,118 |
| Open | 11.70 |
| Previous Close | 11.77 |
| Day's Range | 11.67 - 11.77 |
| 52-Week Low | 8.26 |
| 52-Week High | 15.04 |
| Beta | n/a |
| Holdings | 31 |
| Inception Date | Jun 9, 2021 |
About KTEC
Fund Home PageThe KraneShares Hang Seng TECH Index ETF (KTEC) is an exchange-traded fund that is based on the Hang Seng Tech index, a market-cap-weighted index of the 30 largest Chinese technology companies. KTEC was launched on Jun 9, 2021 and is issued by KraneShares.
Top 10 Holdings
72.93% of assets| Name | Symbol | Weight |
|---|---|---|
| Xiaomi Corp Class B | 1810.HK | 8.61% |
| Alibaba Group Holding Ltd Ordinary Shares | 9988.HK | 8.48% |
| Tencent Holdings Ltd | 700.HK | 8.38% |
| Kuaishou Technology Ordinary Shares - Class B | 1024.HK | 8.22% |
| Li Auto Inc Ordinary Shares - Class A | 2015.HK | 8.20% |
| JD.com Inc Ordinary Shares - Class A | 9618.HK | 7.86% |
| Meituan Class B | 3690.HK | 7.79% |
| NetEase Inc Ordinary Shares | 9999.HK | 6.04% |
| Baidu Inc | 9888.HK | 4.97% |
| XPeng Inc Class A | 9868.HK | 4.38% |
News
China's Self-Reliance Can Benefit These 2 ETFs
China continues to strive towards self-reliance, and its premier reaffirmed that notion recently. This should give bullish tones for a pair of KraneShares exchange traded funds (ETFs).
Automation Boom Could Power this China ETF
The automation and artificial intelligence movement is taking center stage for investors this year, and not surprisingly, there are significant implications for China and its financial markets. Howeve...
Despite Market Tumult, Hong Kong's ETFs Were Steadfast
Along with the global market, Hong Kong was dealing with its own economic challenges in addition to inflation. However, its exchange-traded fund (ETF) market proved resilient in spite of the tumult.
This China ETF Has Big AI Inroads
The artificial intelligence (AI) renaissance is captivating investors and technology buffs. For market participants, the 2023 AI conversation has largely revolved around domestic companies, but with t...
As Investors Reconsider China Tech, Give This ETF a Look
Institutional investors are flocking to Chinese equities once again thanks to the assistance of supportive government policies that are helping to revitalize the economy. One of the measures includes ...
Your China Reopening Play With KWEB and KTEC
China has begun to soften its COVID policies across major cities, a shift that has been long awaited by foreign investors.
Hong Kong's End of COVID Travel Restrictions A Boon for Business
Hong Kong's chief executive John Lee has announced an official end to the COVID quarantine requirements for travelers entering the territory as focus shifts away from a COVID zero policy mirrored on t...
Asia stocks tank as Nancy Pelosi touches down in Taiwan
Stocks in Asia quaked at the news that House Speaker Nancy Pelosi was moving forward with a visit to Taiwan on Tuesday. Markets across mainland China nd Hong Kong fell.
What an Alibaba Primary Hong Kong Listing Means for Investors
One of China's main e-commerce giants will be seeking a primary listing in Hong Kong, reported the Wall Street Journal, as Alibaba joins a growing list of Chinese companies positioning defensively for...
Chinese Tech Quietly Gains as U.S. Equities Panic
ETFs tracking Chinese technology and consumer discretionary firms have had a relatively strong month, producing a near-mirror image of those sectors being slammed by inflation and rate hikes in the U....
Alibaba Commits to Greater Buybacks, These Funds Offer Exposure
Chinese e-commerce giant Alibaba has announced that it will be increasing its share buybacks by $10 billion, growing from $15 billion now to $25 billion over a two-year period that ends March 2024, re...
Investing in Hong Kong's Tech Sector with ‘KTEC'
Earlier this year, China announced it had close to one billion internet users—and growing, as reported Forbes. China's internet users now number nearly three times the entirety of the U.S. population.