Government News
China's First ETF for Domestic, South Korean Chip Firms Makes Shanghai Debut 2022-12-25
China’s First ETF Tracking Local, South Korean Chip Stocks Debuts in Shanghai
China's first exchange-traded fund to track the biggest Chinese and South Korean chipmakers has started trading on the Shanghai Stock Exchange.
Huatai-PineBridge China-South Korea Semiconductor ETF tracks the CSI Semiconductor 15 Index and the KRX Semiconductor 15 Index, offering Chinese mainland investors access to the stocks of renowned chipmakers such as Samsung Electronics, SK Hynix Semiconductor, and Semiconductor Manufacturing International, China Fund reported on Thursday.
South Korea is a major chip powerhouse boasting two of the world's top three semiconductor manufacturers in 2021, with a combined market share of nearly 20 percent.
Meanwhile, valuations of chipmakers listed in the Chinese mainland have dropped to a nearly 10-year low, offering a chance to buy the dip as fundamentals are gradually improving, China Fund reported, citing industry insiders.
China's A-share market has been opening up with more overseas opportunities. As of Dec. 16, the mainland had 77 cross-border ETFs in excess of CNY185.5 billion (USD26.6 billion), up by more than five times since late 2020, according to financial data from Wind.
Source: Yicai
Application Status
| 04-16 | 21315227 | Processing |
| 03-12 | 21315226 | Processing |
| 09-26 | 21315225 | Processing |
Inquiry Status
| 02-29 | 02131558 | Received |
| 03-06 | 02131557 | Received |
| 11-14 | 02131556 | Received |
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