"China has made their adjustments. They’ve diversified their manufacturing sector. They’re trading with the rest of the world very successfully," KraneShares General Counsel David Adelman told @cnbcSri on @asiasquawkbox. David discussed U.S.-China relations after the midterms, arguing that China holds a strong hand through its dominance in rare earths and critical minerals, and has adapted to tariffs by diversifying its manufacturing and trade. Watch: https://t.co/DUeu8IZNWC

— KraneShares (@KraneShares) November 9, 2026

China’s “National Team” appears to be buying stocks again. The National Team is a group of government-linked investors, including pension funds, sovereign wealth funds, and state-owned investment houses, that has historically stepped in to stabilize China’s stock market during periods of stress. This past October, eleven China-listed ETFs each took in more than $1 billion in inflows, for a total of $44.15 billion, according to Bloomberg data. We believe that level of concentrated buying is a strong sign the National Team is back. This time, purchases appear broader, reaching technology stocks, small caps, and non-state-owned firms. Meanwhile, the People’s Bank of China (PBOC) is meeting with financial institutions and extending support for stock buybacks, similar to what it did in September 2024. We believe this may benefit $KWEB, which provides exposure to China’s internet companies, $KSTR, which tracks 50 of the largest companies on China’s STAR Market, and $KBA, which holds 50 of the largest China A-shares. Read our latest article: https://t.co/5Li2qG5TbK KWEB: https://t.co/11jBQc5j8C KSTR: https://t.co/i53s1D1Sc6 KBA: https://t.co/pkBheqNP5Y

— KraneShares (@KraneShares) November 9, 2026