There were no changes to the KraneShares models this week.
Chinese equities were muted over the past week. China’s consumer price index for the month of February rose 1.3% year-over-year (vs 0.9% expected), an increase from January’s 0.2% year-over-year CPI, which was largely driven by an increase in food prices (source: chinalastnight.com). The annual National People’s Congress (NPC), which runs between March 5-10, provided a GDP growth target between 4.5%-5.0% (source: prnewswire.com). This cautious growth target sets a manageable benchmark as the country advances steadily through 2026. This week, we highlight:
The KraneShares Bosera MSCI China A 50 Connect Index ETF (KBA) sits on three consecutive buy signals after completing a spread triple top break at $31.50 in January. KBA maintains a strong fund score of 4.21, well above technically acceptable for funds. The fund has slowed down in recent weeks, offering an attractive “buy on pullback” opportunity for those interested. Additionally, the fund offers a yield of 1.57. Long exposure can be added here. Initial support is at $29.50, with additional support at $28.50. Nearby resistance can be seen at $31.50.
