Chinese Investment Bank Takes a Shine to KraneShares ETFs

Markets ETF Trends

China International Corporation Corporation (CICC) has acquired a majority stake in Krane Funds Advisors, or also known as KraneShares, which provides a number of China-centric exchange traded funds. CICC’s acquisition of KraneShares will combine the investment bank’s extensive global research, investment and wealth management platforms with KraneShares’ ETF expertise, according to a note. CICC was…Click to read more at ETFtrends.com.

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