KraneShares Launches Single-Stock Levered ETF Suite With 2X Investment Exposure to Temu Parent PDD Holdings (KPDD) and Alibaba (KBAB)

NEW YORK, March 12, 2025 (GLOBE NEWSWIRE) -- Krane Funds Advisors (“KraneShares”), an asset management firm known for its global exchange-traded funds (ETFs), today announced the launch of its Single-Stock Levered ETF Suite. The first ETFs in the Suite are the KraneShares 2X Long PDD Daily ETF (Ticker: KPDD) and the KraneShares 2X Long BABA Daily ETF (Ticker: KBAB), which both listed today. KPDD and KBAB seek daily investment results, before expenses and fees, of 2 times (200%) the daily percent