KraneShares Connects NYSE to ADX with the First US ETFs to Cross List in the Region

Core Insights - KraneShares has announced the cross-listing of its flagship ETFs, KWEB and KRBN, on the Abu Dhabi Securities Exchange (ADX) and the New York Stock Exchange (NYSE), marking a significant milestone for U.S.-domiciled ETFs in the Gulf Cooperation Council (GCC) region [2][3][4] Group 1: ETF Cross-Listing Significance - This cross-listing is the first instance of U.S.-domiciled ETFs being available on the ADX, enhancing investor access to one of the fastest-growing capital markets globally [3][4] - The listing of KWEB, the largest U.S.-listed China ETF, and KRBN, the global benchmark ETF for cap-and-trade carbon allowances, provides regional investors with direct access to these investment vehicles [4][5] Group 2: Strategic Importance for Abu Dhabi - The cross-listing reinforces Abu Dhabi's position as a gateway for global capital and highlights the increasing connectivity between U.S. and Gulf financial markets [4][5] - The ADX's ability to list U.S. securities reflects the confidence international partners have in its market infrastructure and regulatory robustness, contributing to deepening liquidity [5][9] Group 3: Investment Themes - KWEB offers exposure to China's leading internet and technology companies, focusing on sectors such as e-commerce, fintech, AI, and cloud computing [7] - KRBN provides diversified exposure to major cap-and-trade carbon allowance markets, allowing investors to engage in the growth of regulated carbon markets worldwide [7]