There were no changes to the KraneShares models this week.
Chinese equities posted modest gains over the past week. ByteDance—owner of Doubao, the most widely used AI large language model in China—has begun developing its own CPUs, following similar moves by Alibaba and Baidu. These efforts reflect a broader push among leading Chinese tech firms to build in-house chips to support growing AI infrastructure demands (source: chinalastnight.com). This week, we highlight:
The KraneShares Bosera MSCI China A 50 Connect Index ETF (KBA) sits on four consecutive buy signals after, completing a double top break at $32 in April, and is up 7.5% year-to-date. KBA reversed back into Xs against the market last month, lifting its fund score to 5.70 and exhibiting a positive score direction of 1.63. Additionally, the fund offers a yield of 1.46%. Initial resistance can be seen at $35. Initial strong support is at $29.50, with additional support at $28.50.
