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Defiance Applies to Launch China Robot ETF
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US asset management company Defiance has filed with regulators to launch an exchange-traded fund (ETF) that tracks Chinese robotics-related companies, focusing on China's robotics and automation industry. Bloomberg analyst Eric Balchunas mentioned that as early as 2013, the China Internet ETF KWEB, filed by KraneShares, was questioned for being too niche, but it has since grown into the largest China-themed ETF.