Mirae Asset Management Lists 3 New Semiconductor Theme ETFs on Hong Kong Stock Exchange

[Asia Economy Reporter Minji Lee] Mirae Asset Global Investments Hong Kong branch announced on the 23rd that it has launched new ETFs on the Hong Kong Stock Exchange. The newly listed ETFs are ‘Global X Asia Semiconductor ETF’, ‘Global X China Games and Entertainment ETF’, and ‘Global X China E-commerce and Logistics ETF’.

The ‘Global X Asia Semiconductor ETF’ invests in Asian semiconductor companies with global competitiveness. Semiconductors are essential components of the 4th Industrial Revolution, and demand is expected to structurally increase as electric vehicles, autonomous driving, artificial intelligence, and IoT grow. Asian semiconductor companies hold global competitiveness, accounting for 35% of worldwide semiconductor sales as of 2019. The tracking index is the ‘Factset Asia Semiconductor Index’. It invests in 40 companies including foundries (TSMC, Samsung Electronics), memory semiconductors (Samsung Electronics, SK Hynix), image sensors (Sony, Samsung Electronics, Will Semiconductor), and semiconductor equipment (Tokyo Electron).

The ‘Global X China Games and Entertainment ETF’ invests in Chinese gaming and entertainment companies. With household incomes continuously rising and the expansion of internet and 5G coverage, the gaming and entertainment industry in China has an environment conducive to further growth. The ETF tracks the ‘Factset China Games and Entertainment Index’ and invests in 30 companies including gaming (Tencent, NetEase), media content (Bilibili, iQiyi), and travel (Trip.com).

The ‘Global X China E-commerce and Logistics ETF’ invests in Chinese courier, transportation, logistics infrastructure companies, and e-commerce platforms. Recently, with the full-scale adoption of smart logistics technology, the efficiency of the logistics industry in China is rapidly improving. The tracking index is the ‘Factset China E-commerce and Logistics Index’. It invests in 30 stocks including Alibaba, JD, and ZTO Express.

Lee Jeong-ho, CEO of Mirae Asset Global Investments Hong Kong branch, said, "With this listing, it has become easy to invest in semiconductors, logistics/e-commerce, and games/entertainment, which are growing driven by technological innovation and Chinese consumption," adding, "Mirae Asset plans to provide investment solutions through various thematic ETFs covering China, Asia, and global markets." Global X ETFs can be traded through overseas stock accounts at domestic securities firms such as Mirae Asset Securities.

This content was produced with the assistance of AI translation services.