News / Media

KraneShares Registers KWEB and KBA UCITS ETF’s in Spain and Portugal and Enters Strategic Partnership with Silcarv

London, U.K. 31 January 2020 – 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 registration of KraneShares CSI China Internet UCITS ETF (Ticker: KWEB LN) and KraneShares MSCI China A-Share UCITS ETF (Ticker: KBA LN) in Spain and Portugal. In conjunction with the funds’ registration KraneShares has entered a strategic partnership with Silcarv Consulting Limited, to provide client services and distribution to investors in Spain and Portugal.

“As investors in Spain and Portugal are breaking out China as an asset class within their portfolios, we believe KraneShares ETFs can offer differentiated exposure to China’s capital markets,” said Jonathan Krane, CEO of KraneShares. “Through registering KWEB and KBA  UCITS ETF’s in these countries, investors can now obtain comprehensive exposure to China with localized client service from our partners at Silcarv.”

Listed on the London Stock Exchange, the KraneShares CSI China Internet UCITS ETF (Ticker: KWEB LN) tracks the CSI Overseas China Internet Index, the same benchmark and strategy as KraneShares’ flagship New York Stock Exchange-listed China internet ETF. KWEB captures the investable universe of publicly traded China-based companies whose primary business are in the Internet and Internet-related sectors. Key holdings include Alibaba, Tencent, Meituan Dianping, Baidu and JD.com.

Listed on the London Stock Exchange, the KraneShares MSCI China A Share UCITS ETF (Ticker: KBA LN) tracks the MSCI China A Index which captures large and mid-cap equities listed on the Shanghai and Shenzhen stock exchanges (A-shares). KraneShares has managed the same strategy through a New York Stock Exchange-listed ETF since 2014. KBA US has the longest track record for an MSCI-linked China A Share ETF in the United States.1

“Over the past few years we have seen increasing demand from investors in Spain and Portugal looking for a strategic passive investment in China. KraneShares has differentiated themselves through their innovative China-focused investment strategies. From our experience, we know these will be well-received by investors in Spain and Portugal” said José Carvalhinho, Director and Founder of Silcarv Consulting.

For more information visit kraneshares.eu or email [email protected].

About Silcarv Consulting Limited
Silcarv Consulting Limited, incorporated in England and Wales under the number 10512407 is an independent investment adviser. Silcarv Consulting Ltd is an appointed representative of Profin Partners Ltd which is authorized and regulated by the UK Financial Conduct Authority (FCA – 774593).

About KraneShares
Krane Funds Advisors, LLC is the investment manager for KraneShares ETFs. The firm is focused on providing investors with strategies to capture China’s importance as an essential element of a well-designed investment portfolio. KraneShares ETFs represent innovative, first to market strategies that have been developed based on the firm and its partners’ deep knowledge of investing. These strategies allow investors to stay current on global market trends and provide meaningful diversification. Krane Funds Advisors, LLC is majority-owned by China International Capital Corporation (CICC).


  1. Data from Morningstar as of 31 December 2019