Business · Markets · 55 mins ago
South Korean and Chinese firms list semiconductor ETF in Hong Kong
Korea Investment Management and China Universal Asset Management listed a semiconductor ETF in Hong Kong on October 23.
The fund is their first product under a strategic partnership agreed in November last year.
It tracks an index of 30 global and Chinese technology companies, including Nvidia, TSMC, Samsung Electronics, ASML and Broadcom.
Korea Investment Management developed the product and provides investment advice, while China Universal’s Hong Kong unit manages it locally.
The fund gives investors exposure to semiconductor companies across markets, including Chinese and Hong Kong technology firms.
The companies plan to seek inclusion in ETF Connect, which could allow mainland Chinese investors to trade the Hong Kong-listed fund.
They also plan about $5 million in investment to help build the fund’s initial size and support its launch.
A semiconductor exchange-traded fund developed by South Korean and Chinese firms was listed on the Hong Kong stock exchange on October 23.
The fund is the first product developed under a strategic cooperation agreement between Korea Investment Management and China Universal Asset Management’s Hong Kong unit.
Korea Investment Management handled product development and investment advice, while CUAM HK is responsible for local management in Hong Kong.
The ETF tracks an index of 30 global and Chinese or Hong Kong semiconductor and technology companies.
The firms plan to seek inclusion in ETF Connect so mainland Chinese investors can trade the fund.
- Who
- Korea Investment Management and China Universal Asset Management’s Hong Kong unit, CUAM HK.
- What
- They launched the CUAM Solactive China&Global Semiconductor ETF in Hong Kong.
- When
- It was listed on October 23; Korea Investment Management announced the listing on October 26, 2026.
- Where
- The Hong Kong stock exchange.
- Why
- The firms developed the ETF under a strategic cooperation agreement and plan to expand access to investors, including in mainland China.
This story does not have two clearly opposing sides.
Korea Investment Management and CUAM HK signed a strategic cooperation agreement.
The CUAM Solactive China&Global Semiconductor ETF was listed on the Hong Kong stock exchange.
Korea Investment Management announced the listing.
- Fund
- CUAM Solactive China&Global Semiconductor ETF
- Listing date
- October 23, 2026
- Index
- Solactive ACE ETF Connect China & Global Semiconductor Top 30 Index
- Holdings
- 30 companies, including Nvidia, TSMC, Samsung Electronics, ASML and Broadcom
- Planned investment
- About US$5 million in the firms’ own assets
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What people are saying
The listing of the first ETF in cooperation with CUAM HK is an important starting point for Korea Investment Management’s full-scale entry into the overseas ETF business, building on the competitiveness it has accumulated in the domestic ETF market.
We will continue to provide differentiated investment opportunities based on our expertise in global investment and ETF products, and expand our business beyond Hong Kong into mainland China.