KraneShares CSI China Internet UCITS ETF

Is this retroactive taxation effectively a large-scale fiscal clawback of equity assets?

If half of the payment ends up being funded by selling stock to raise cash, that amounts to a market-wide liquidity squeeze, and it would not bode well for China ADRs.

$Krne Csi China Internet(KWEB.US)

My current KWEB position shows a -5.27% unrealized loss (today's loss alone is 3.12%), with the market at $26.626 versus a $28.110 cost basis. Chinese internet equities remain highly volatile amid shifting economic headwinds. As part of my risk management, I am avoiding the urge to prematurely average down, keeping my allocation strictly capped until a definitive technical reversal signals a turnaround. $Krne Csi China Internet(KWEB.US)