KraneShares CSI China Internet ETF (KWEB)
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| December 18, 2024 | $1.02 | 2024-12-17 | 2024-12-17 |
| December 29, 2023 | $0.04 | 2023-12-27 | 2023-12-28 |
| December 20, 2023 | $0.42 | 2023-12-18 | 2023-12-19 |
| December 31, 2021 | $2.58 | 2021-12-29 | 2021-12-30 |
| December 31, 2020 | $0.22 | 2020-12-29 | 2020-12-30 |
Dividends Summary
- KraneShares CSI China Internet ETF has issued 13 dividend payments over the past 11 years
- The most recent dividend was paid 308 days ago, on December 18, 2024
- The highest dividend payed out to investors during this period was $2.58 per share
- The average dividend paid during this period was $0.52 per share.
Company News
Chinese stocks rallied after Beijing introduced a 1% interest subsidy for consumer loans and President Trump extended the U.S.-China trade truce, signaling economic support and avoiding potential trade escalation.
A new AI-driven chat system called DeepSeek, developed in China, is challenging Nvidia's dominance in the AI semiconductor market. DeepSeek claims to have over twice the computing power at a fraction of the cost, causing a sell-off in Nvidia's stock.
David Tepper's Appaloosa Management sold a significant portion of its Nvidia stake, indicating a broader rotation out of the chip sector. However, the fund has been buying Chinese stocks, including Alibaba and JD.com, likely betting on a recovery in the underperforming Chinese market.
Most China tech ETFs have turned around lately after a slump. David Tepper's Appaloosa is betting big on Chinese tech stocks. Michael Burry too has been binging on Chinese tech shares.