KraneShares CSI China Internet ETF - KWEB

KraneShares CSI China Internet ETF is an exchange-traded fund that tracks the CSI Overseas China Internet Index, providing targeted exposure to publicly traded China-based companies focused on internet and internet-related sectors. It invests in firms offering services akin to those of global leaders like Google, Meta, Amazon, and others, including e-commerce platforms, online services, and artificial intelligence developers such as Tencent Holdings, Alibaba Group Holding, PDD Holdings, Meituan, NetEase, JD.com, KE Holdings, Baidu, JD Health International, and Kuaishou Technology among its top holdings. The ETF emphasizes companies driving China's digital economy, particularly those benefiting from the expansion of the middle class, rising internet penetration, and advancements in AI, cloud computing, and online retail. Holdings are primarily listed in Hong Kong, with additional exposure to U.S. ADRs and secondary listings, spanning sectors like consumer discretionary, telecommunications, and technology. Launched in 2013 and managed by Krane Funds Advisors, LLC in the United States, KraneShares CSI China Internet ETF serves as a key vehicle for accessing the dynamic Chinese internet industry.