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Share this article NEW YORK, Dec. 10, 2020 /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 CICC China Consumer Leaders ETF (Ticker: KBUY) on the New York Stock Exchange. KBUY seeks to measure the performance of the CICC China Consumer Leaders Index. The index consists of the investable universe of publicly traded China-based companies whose primary business or businesses are in consumption-related industries such as home appliances, food & beverage, apparel & clothing, hotels, restaurants, and duty-free goods. China is undergoing a fundamental change in its economy s composition, shifting away from heavy industrial output to instead focus on expanding and advancing its services sector. Along with this change, retail sales have increased steadily. Total Chinese retail sales recently surpas

Jonathan kraneKraneshares etfsYork stock exchangeChina research teamKrane funds advisorsInvestment adviser for the fundUs department of commerceNational bureau of statisticsResearch teamChina international capital corporationInvestments distribution companyNew york stock exchangeChina research categoryConsumer leadersNew york stockFunds advisors