The decision to launch KJD reflects a growing relevance of global consumer internet companies, particularly in developing markets where internet adoption is accelerating.
KraneShares has announced the launch of a new leveraged exchange-traded fund (ETF) offering two times daily exposure to JD.com, China’s largest e-commerce retailer by revenue. The fund, listed under the ticker KJD, is part of KraneShares’ expanding Single-Stock Levered ETF Suite. The KraneShares 2X Long JD Daily ETF aims to deliver daily investment results, before fees and expenses, equivalent to 200% of the daily percentage change in JD.com’s share price. JD.com is recognised