Valuation estimates for Alibaba range from $150 billion to $200 billion, but even at $150 billion, the company would be nearly twice as large Baidu. Baidu accounts for over 15.4% of KFYP’s weight, indicating that if Alibaba meets or exceeds that $150 billion valuation, the company will easily be one of KFYP’s largest holdings.
KraneShares CSI China Five Year Plan ETF Top-10 Holdings
Chart Courtesy: KraneShares
Tom Lydon’s clients own shares of Facebook.