The China-South Korea Semiconductor ETF (513310) witnessed a remarkable surge, climbing 9.64% to conclude the trading day at RMB 4.321, with its peak intraday price reaching RMB 4.33, coming perilously close to the daily price hike limit. The premium rate for this ETF soared to 20.98%, accompanied by a substantial trading volume of RMB 8.699 billion. Since October of the previous year, this ETF has been consistently issuing risk warnings, primarily due to its persistently high premium. Its top five holdings encompass industry giants such as Samsung Electronics, SK Hynix, Cambricon, SMIC, and Hygon Information.
In recent developments, SK Hynix has unveiled plans to invest a staggering KRW 21.6 trillion over the next five years in the construction of chip factories, a move that underscores its commitment to expanding its semiconductor manufacturing capabilities. Meanwhile, South Korea's benchmark KOSPI index soared to an all-time high today, reflecting the buoyant sentiment in the market. On the domestic front, Cambricon's stock price experienced a significant uptick in the afternoon session, ultimately closing the day with a robust 7.96% gain. Additionally, Hygon Information released its 2025 revenue and net profit growth forecasts yesterday, which appeared to have a positive impact on its stock price, as it rose by 2.52% today.
