China International Corporation Corporation (CICC) has acquired a majority stake in Krane Funds Advisors, or also known as KraneShares, which provides a number of China-centric exchange traded funds.

CICC’s acquisition of KraneShares will combine the investment bank’s extensive global research, investment and wealth management platforms with KraneShares’ ETF expertise, according to a note.

CICC was the first investment bank formed through a China-US join venture, founded by China Construction Bank and Morgan Stanley. The investment bank is a leading financial service provider for global clients, along with serving a slew of corporate, institutional, government and wealth management clients in China.

“We are a Chinese investment bank with unique international DNA,” Mingjian Bi, Acting Chairman and Chief Executive Officer of CICC, said in a note. “Our entry into the U.S. asset management and ETF industry with KraneShares’ platform represents a remarkable opportunity for us to provide high quality investment products and services to our clients, including individuals, advisors, and institutions, domestically and overseas. We are excited to have this opportunity to significantly grow KraneShares and the CICC business in the United States and globally.”

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KraneShares offers a line of China-related ETFs, along with a broad emerging market option, including the KraneShares CSI China Internet Fund (NasdaqGM: KWEB), KraneShares Bosera MSCI China A ETF (NYSEArca: KBA), KraneShares CSI New China ETF (NYSEArca: KFYP), KraneShares E Fund China Commercial Paper ETF (NYSEArca; KCNY) and KraneShares FTSE Emerging Markets Plus ETF (BATS: KEMP).

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