KraneShares Expands Single-Stock Levered ETF Suite With 2X Investment Exposure to Baidu (KBDU)
New York, NY – November 20, 2025 – 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), which listed today.
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 States. We hope to continue to expand the Suite to help our investors capitalize on the latest growth trends within international internet and technology markets.”
Baidu’s large language model (LLM) Ernie Bot has multimedia capabilities and is said to deliver performance that is on par with DeepSeek’s R1.3 Meanwhile, Baidu’s Apollo Go robotaxi service has provided over 9 million cumulative rides and expanded internationally by entering the UAE market.3
KraneShares will host a webinar providing an emerging markets AI and internet sector update, an introduction to KBDU, and the KraneShares Single-Stock Levered ETF Suite on Thursday, December 4, 2025, at 11 am EST. Click here to register.
For more information on the KraneShares Single Stock Levered ETFs, please visit https://kraneshares.com/etf/kbdu or consult your financial advisor.
Investors should be aware that they can lose their entire investment. Single-stock ETFs, unlike traditional ETFs that diversify across a range of stocks, focus solely on the performance of a single stock, significantly increasing investment risk. KraneShares Single Stock Levered ETFs aim for daily investment results that match 2x the daily performance of the underlying stock. Investors should be aware that returns may diverge from the stock's actual performance if held for more than a day.
Due to their leveraged nature, these funds require close monitoring, as they can magnify both potential gains and losses. A flat performance of the underlying stock may lead to a loss, and in certain scenarios, these funds can incur losses even when the stock price fluctuates positively or negatively over several days. Therefore, they are not suitable for every investor and are specifically intended for knowledgeable individuals who grasp the mechanics of leveraged investing and are willing to actively manage risks. Understanding volatility is essential, as minor stock movements and increased volatility can result in returns that significantly deviate from the expected target.
About KraneShares
KraneShares is a specialist investment manager focused on China, Climate, and Alternatives. KraneShares seeks to provide innovative, high-conviction, and first-to-market strategies based on the firm and its partners' deep investing knowledge. KraneShares identifies and delivers groundbreaking capital market opportunities and believes investors should have cost-effective and transparent tools for attaining exposure to various asset classes. The firm was founded in 2013 and serves institutions and financial professionals globally. The firm is a signatory of the United Nations-supported Principles for Responsible Investment (UN PRI).
Citations:
- Stat Counter. “Search Engine Market Share in China Sept 2024 – Sept 2025,” Global Stats. September 30, 2025.
- Monika. “Baidu’s Apollo Go, Lyft to co-deploy large-scale Robotaxi service in Europe,” Gasgoo. August 4, 2025.
- Company Statements as of 9/30/2025
