KraneShares CICC China Leaders 100 Index ETF Price & Performance (KFYP)

Webuy Global Limited has executed a 1-for-120 reverse stock split, significantly reducing its share count. The move, effective April 10, aims to boost the trading price per share and potentially attract institutional investors. Such consolidations often signal efforts to meet exchange listing requirements or improve market perception.1

The KraneShares CICC China Leaders 100 Index ETF (KFYP) has posted a slight year-to-date increase of 0.26%. Despite recent volatility, the fund’s long-term performance since inception stands at over 6% annualized, reflecting the resilience of select Chinese equities amid ongoing market fluctuations.23

Skyworth Group Ltd initiated a conditional buyback of up to 350 million shares at a 15.2% premium to the previous price. Unusually, the controlling shareholder can vote, making approval likely. The buyback is expected to result in a high proration rate, impacting minority shareholders’ participation.4