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Stock impact report

KraneShares Connects NYSE to ADX with the First US ETFs to Cross List in the Region [Yahoo! Finance]

KRANESHARES CSI CHINA INTERNET (KWEB) 
US:NASDAQ Investor Relations: kraneshares.com/kweb
Company Research Source: Yahoo! Finance
differentiated access to China, climate, and emerging technologies, today announced that two of its flagship exchange-traded funds—the KraneShares CSI China Internet ETF (KWEB) and the KraneShares Global Carbon Strategy ETF (KRBN) — have officially cross-listed on the Abu Dhabi Securities Exchange (ADX) and the New York Stock Exchange (NYSE). This milestone marks the first time U.S.-domiciled ETFs have been cross-listed in the Gulf Cooperation Council (GCC) and on ADX , expanding investor access across one of the world's fastest-growing capital markets. A Landmark for Global Market Connectivity KWEB, the largest U.S.-listed China ETF , and KRBN, the global benchmark ETF for cap-and-trade carbon allowances, are now directly accessible to regional investors through ADX. This cross-listing reinforces Abu Dhabi's role as a gateway for global capital and highlights the increasing connectivity between U.S. and Gulf financial markets. “This is a transformational step for regional inv Show less Read more
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