KraneShares has rolled out a 2x leveraged single-stock ETF, KBDU, which aims to deliver twice the daily performance of Baidu shares. Baidu operates China’s top search engine and leads in robotaxis and AI. These leveraged ETFs are complex, magnify gains and losses, and are meant for those who actively manage risk. Holding for more than a day can result in performance that differs from what you'd expect. With exposure focused only on Baidu, investors face heightened volatility and risk. The Chinese market presents added challenges due to potential regulatory and economic uncertainties.