There were no changes to the KraneShares models this week.
Chinese equities faced near-term pressure over the past week as global markets digested rising geopolitical and inflationary risks. President Trump’s threat to escalate tensions with Iran has pushed oil prices higher, reinforcing the expectations for elevated interest rates into 2026. These concerns have been reflected in the equity markets, with the CSI 300 Index falling approximately 3.3%—its largest single-day decline in more than a year (source: chinalastnight.com). Nevertheless, China is still showing long-term strength, supported by international equities ranking first in our DALI asset class framework. This week, we highlight:
The KraneShares MSCI Emerging Markets EX China Index ETF (KEMX) reversed back into Xs after sitting on two consecutive sell signals. KEMX maintains a strong fund score of 5.78, with a score direction of 1.76. KEMX is up over 10% year-to-date, benefitting from a strong 33% return in 2025. Additionally, the fund offers a notable yield of 2.6%. Long exposure can be made here. Initial support can be seen at $39.50. Initial resistance can be seen between $41.50-$42, with additional resistance at $43.50.
