Shares of Alibaba Group Holding Ltd. BAB,
they were on the most pronounced path of the daily decline on Thursday, affecting the funds traded on the stock exchange with large holdings of the Chinese e-commerce company. KraneShares CSI China Internet ETF KWEB,
holding 8.3% of Alibaba shares, down 3.7% in the last trading hour in New York, while SPDR S&P China ETF GXC,
and Franklin FTSE China ETF FLCH,
both lost 3.1%. IShares MSCI China ETF MCHI,
which has the largest stake among America-based ETFs at 16.6%, according to FactSet data, fell just 2.6%. Alibaba shares were successful when Chinese regulators launched an antitrust investigation into the company and are about to close at the lowest level in July, according to Dow Jones Market data.