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Stock impact report

KraneShares Expands Single-Stock Levered ETF Suite With 2X Investment Exposure to Baidu (KBDU)

KraneShares 2x Long BIDU Daily ETF (KBDU) 
Company Research Source: GlobeNewswire
NEW YORK, Nov. 21, 2025 (GLOBE NEWSWIRE) -- Krane Funds Advisors (“KraneShares”), an asset management firm known for its global exchange-traded funds (ETFs), today announced the expansion of its Single-Stock Levered ETF Suite with the KraneShares 2X Long BIDU Daily ETF (Ticker: KBDU). KBDU seeks daily investment results, before expenses and fees, of 2 times (200%) the daily percentage change of Baidu. Baidu is China’s largest search engine.1 Baidu also operates the world’s largest fleet of robotaxis through the Apollo Go brand2 and is a key provider of cloud computing services, including AI tools and applications. “Global consumer internet companies continue to represent an important growth theme, as internet adoption increases, especially in the developing world,” said James Maund, KraneShares Head of Capital Markets. “We are excited to expand our Single-Stock Levered ETF Suite with KBDU, whose underlying exposure, Baidu, provides similar services as Google does in the United St Show less Read more
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