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Benzinga
Benzinga
Business
Chandrima Sanyal

Baidu Gets A Turbocharge: New 2X ETF Lets Traders Bet Big On China's AI And Robotaxi Giant

The Baidu Trade

Krane Funds Advisors has added fresh fuel to its single-stock lineup with a leveraged bet on one of China’s most recognisable tech names. On Nov. 21, the firm rolled out the KraneShares 2X Long BIDU Daily ETF (NASDAQ:KBDU), designed to deliver twice the daily percentage change of Baidu Inc (NASDAQ:BIDU) shares.

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