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LONDON, May 26, 2021 /PRNewswire/ -- Krane Funds Advisors, LLC, ("
KraneShares"), a global asset management firm known for its China-focused exchange traded funds (ETFs) and innovative China investment strategies, today announced the launch of the KraneShares ICBCCS SSE Star Market 50 Index UCITS ETF (Ticker: KSTR) on London Stock Exchange (LSEG).
KSTR tracks the Shanghai Stock Exchange (SSE) Science and Technology Innovation Board 50 Index. The Index comprises the 50 largest securities listed on SSE Science and Technology Innovation Board (STAR Market) as determined by market capitalization and liquidity.
As China has quickly become a world leader in innovation, the Shanghai Stock Exchange developed the STAR Market to promote China's high growth publicly-listed science and technology companies. The STAR Market includes companies from industries such as new-generation information technology, biomedicine, new energy, and environmental protection.