Notable companies
The most notable companies in this group are PDD Holdings (NASDAQ:PDD), Tencent Music Entertainment Group (NYSE:TME), Vipshop Holdings Limited (NYSE:VIPS), TAL Education Group (NYSE:TAL), iQIYI (NASDAQ:IQ), Weibo Corp (NASDAQ:WB), JOJOYY (NASDAQ:YY).
Industry description
The investment seeks to provide investment results that correspond generally to the price and yield performance of the CSI Overseas China Internet Index.
The fund will invest at least 80% of its net assets in instruments in its underlying index or in instruments that have economic characteristics similar to those in the underlying index. The index is designed to measure the equity market performance of investable publicly traded "China-based companies" whose primary business or businesses are in the Internet and Internet-related sectors, and are listed outside of Mainland China, as determined by the index provider. The fund is non-diversified.
Market Cap
The average market capitalization across the KraneShares CSI China Internet ETF ETF is 18.8B. The market cap for tickers in the group ranges from 1.87B to 158.32B. PDD holds the highest valuation in this group at 158.32B. The lowest valued company is YY at 1.87B.
High and low price notable news
The average weekly price growth across all stocks in the KraneShares CSI China Internet ETF ETF was -5%. For the same ETF, the average monthly price growth was -7%, and the average quarterly price growth was -6%. YY experienced the highest price growth at 8%, while TAL experienced the biggest fall at -12%.
Volume
The average weekly volume growth across all stocks in the KraneShares CSI China Internet ETF ETF was -38%. For the same stocks of the ETF, the average monthly volume growth was -8% and the average quarterly volume growth was -48%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 44
P/E Growth Rating: 65
Price Growth Rating: 61
SMR Rating: 55
Profit Risk Rating: 91
Seasonality Score: 13 (-100 ... +100)