What worked for me is changing the "iCloudKey-Value Store" key in the iOS entitlements file to $(TeamIdentifierPrefix)$(CFBundleIdentifier).watchkitapp
The same key in the watchOS entitlements file of course should then be left unchanged as $(TeamIdentifierPrefix)$(CFBundleIdentifier)
No signing issues.
Topic:
App & System Services
SubTopic:
General
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