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Benzinga
Benzinga
Business
Chandrima Sanyal

KraneShares Makes Bold Bet On JD.com With 2X Leveraged ETF During US-China Trade Tensions

JD.com shutterstock_1698092569

Krane Funds Advisors added a new single-stock leveraged ETF following one of China’s largest online retailers. KraneShares 2X Long JD Daily ETF (NASDAQ:KJD) began trading on Oct. 15, providing investors with double (200%) daily exposure to JD.com Inc.’s (NASDAQ:JD) stock, before expenses and fees.

• JD shares are experiencing downward pressure. Check the full analysis here.

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