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KSTR - Narratives And Earnings On Chinese Equity: What Changed?
KraneShares SSE STAR Market 50 Index ETF
Russia’s invasion of Ukraine is creating another headwind for China, as it faces the risk of secondary sanctions from the U.S. and European countries.
Russia is China’s immediate northern neighbor and a major supplier of energy. Broadly defined, China has lost significant territory from Russian pressures over a very long history.
We believe the Russian war and earnings are the top factors to pay attention to for China equity.