Mirae Asset's TIGER China Hang Seng Tech ETF Surpasses 7 Trillion Won
Mirae Asset Global Investments has announced that the net assets of its 'TIGER China Hang Seng Tech ETF' have exceeded 7 trillion won, making it the largest ETF tracking the Hang Seng Tech Index listed in Korea. This ETF comprises leading big tech companies representing China's innovative growth industries, including Alibaba, Tencent, and Xiaomi.
Reporting a 24.1% increase in returns since the beginning of the year, this achievement reflects an improved investor appraisal of China's big tech firms. Supportive government policies under President Xi Jinping and the emergence of initiatives like 'DeepSync' have bolstered positive expectations for these tech giants' prospects.
Mirae Asset's impressive standing as a leader in the Korean market is underscored by its holding of 13 diverse Chinese ETFs, showcasing its commitment to proactive investment in the Chinese market. Coupled with the recent uptrend in Chinese tech stocks, this ETF continues to capture considerable attention from the market.
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Mirae Asset Management's 'TIGER China Hang Seng Tech ETF' Surpasses KRW 700 Billion in Net Assets - DailyanMirae Asset Management announced on the 25th that the net assets of the 'TIGER China Hang Seng Tech ETF' have surpassed KRW 700 billion. According to the Korea Exchange, as of the 24th, the net assets of the TIGER China Hang Seng Tech ETF stood at KRW 783.2 billion, making it the largest ETF tracking the Hang Seng Tech Index listed domestically. It shows more than a fourfold difference compared to the second-largest product tracking the same index. The Hang Seng Tech Index represents China's innovative growth industries...
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