There were no changes to the KraneShares models this week.
Chinese equities posted modest gains over the past week. China also hosted its annual CCTV New Year’s Gala, a showcase of the nation’s cultural and technological achievements. This year’s program highlighted advanced robotics, with several robots performing complex acrobatic routines—an illustration of China’s continued progress in high‑tech innovation (source: chinalastnight.com).
On the policy front, developments in U.S.–China tariffs drew market attention. On Friday, the U.S. Supreme Court struck down the President’s reciprocal tariffs on China, ruling that the administration exceeded its authority by using the International Emergency Economic Powers Act (IEEPA) to bypass Congress (source: the budgetlab.yale.edu). The decision signaled limits on executive power and provided a measure of relief for Chinese equities, which have faced modest pressure early in 2026. We continue to monitor global policy shifts and their implications for the market. This week, we highlight:
The KraneShares SSE STAR Market 50 Index ETF (KSTR) provides exposure to the 50 largest, most liquid technology and high-growth companies listed on the Shanghai Stock Exchange and includes key sectors like semiconductors, information technology, and among others. KSTR reversed back into Xs against the market last month and maintains a strong fund score of 5.56, with score direction of 1.61. The fund completed a double top at $20.50 and still trades near all-time highs. KSTR continues to build on its 42% return in 2025, as the fund is up over 13% year-to-date. Long exposure can be made here. Initial support is at $19.75, with additional support at $17.25. Initial resistance can be seen at $22.
