GraniteShares Files for ETF Targeting China's AI Supply Chain

GraniteShares has filed for the GraniteShares China AI Supply Chain ETF, an actively managed fund targeting Chinese companies involved in artificial intelligence infrastructure and technology. The ETF will invest at least 80% of its assets in China AI companies or related swaps, covering AI semiconductors, chipmaking equipment, servers, data center hardware, optical networking, cloud computing, robotics, and proprietary AI models. The strategy will invest across mainland China, Hong Kong, and U.S.-listed Chinese securities, while excluding companies subject to U.S. investment prohibitions. Holdings will be selected based on market leadership, AI-related revenues, and technological differentiation, with quarterly rebalancing and a 20% single-company weighting cap. The fund may also allocate up to 15% to illiquid investments, including private AI companies and pre-IPO perpetual futures swaps, without using derivatives for leveraged exposure.