TIGER China Hang Seng Tech Individual Cumulative Net Purchase Surpasses 300 Billion KRW

Mirae Asset Global Investments announced on the 4th that the cumulative net purchase by individuals of the ‘TIGER China Hang Seng Tech ETF (371160)’ has surpassed 300 billion KRW.

According to the Korea Exchange, as of the 28th of last month, the cumulative net purchase amount by individuals for the ‘TIGER China Hang Seng Tech ETF’ was 323.1 billion KRW. Amid the rising stock prices of major Chinese tech companies, individual net purchases of 42.8 billion KRW flowed in over just two months since the beginning of the year. The net asset size exceeded 700 billion KRW last month and increased to 810.8 billion KRW in less than a month.

The TIGER China Hang Seng Tech ETF invests in leading Chinese tech companies listed in Hong Kong. In particular, it can invest in the recently highlighted ‘Terrific10’ stocks. The Terrific10 refers to the top 10 Chinese tech stocks, including Xiaomi, Alibaba, SMIC, Tencent, JD.com, Meituan, and NetEase.

Following the rise of DeepSeek, Chinese big tech companies such as those in the Terrific10 have announced aggressive investments one after another. The TIGER China Hang Seng Tech ETF is also expected to benefit. As of the 28th of last month, the year-to-date return stood at 22.3%. Additionally, after Chinese President Xi Jinping recently convened a private enterprise forum with big tech company leaders, comments and policies focused on tech companies are anticipated at the upcoming Two Sessions, China’s largest annual political event, opening on the 4th.

Lee Ho-nyeon, head of the ETF Management Team at Mirae Asset Global Investments, said, "Since the emergence of low-cost AI DeepSeek, the competitiveness of China’s entire AI technology value chain is expected to improve," adding, "Active support from government authorities is also anticipated." He further stated, "Through the TIGER China Hang Seng Tech ETF, investors can invest in Chinese tech companies with promising mid- to long-term growth prospects in AI software, physical AI, semiconductors, and more."

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