HKEX and KRX Launch Co-Branded Semiconductor Index and ETF
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What happened
On March 31, the Hong Kong Exchange and the Korea Exchange officially introduced the HKEX KRX Semiconductor Index. This co-branded index provides cross-market exposure to Hong Kong-listed semiconductor companies eligible for Southbound Stock Connect and leading South Korean companies represented in the KRX Semiconductor Top 15 Index. Bosera Asset Management launched the ETF that tracks this index, offering global investors access to key leaders in both markets.
From livenews.co.nz
Why it matters
The launch marks a strategic milestone in technology-focused investing and cross-border financial innovation within Asian capital markets. The product offers investors a new allocation tool across the Hong Kong and South Korean semiconductor markets, supporting the continued global demand for semiconductors.
From livenews.co.nz
Who's involved
- Hong KongLocation where Hong Kong-listed companies are based and the index is relevant.
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The entities involved
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Hong Kong
city and special administrative region of China