KraneShares, an asset management firm, announced the launch of the KraneShares 2X Long BIDU Daily ETF (Ticker: KBDU) on November 21, 2025. This new financial product is designed to provide investment results, before fees and expenses, that correspond to two times the daily percentage change of Baidu's stock. The firm noted Baidu's significance as China's largest search engine and a key provider of cloud computing and AI tools. The announcement highlighted Baidu's growth themes, including its role in the global consumer internet space and its operation of the world's largest robotaxi fleet through its Apollo Go brand. The new ETF expands the options available for investors and traders looking to gain magnified exposure to the daily movements of Baidu's stock, reflecting growing interest in companies with significant AI and autonomous driving initiatives. No significant market reaction to the ETF launch was noted in the available reports.