Mirae Asset Surpasses 500 Billion Won with China ETFs
Mirae Asset Surpasses 500 Billion Won with China ETFs
Mirae Asset Global Investments' 'TIGER China ETF' duo has exceeded 500 billion won in net assets within four months of listing. The 'TIGER China Tech TOP10 ETF', focusing on ten major Chinese tech companies such as Alibaba, CATL, and SMIC, achieved a commendable return of 37.5%, accumulating 285.8 billion won in net assets. Conversely, the 'TIGER China Humanoid Robot ETF' targets humanoid robot companies in China and reported an impressive cumulative return of 44.1%, with net assets increasing to 260 billion won. Key investments include notable companies like UBTECH, Dobot, and Sanwa. The rapid growth of these ETFs highlights the promising prospects of China's tech and robotic sectors. The success of these ETFs also reflects investor confidence in China's burgeoning tech and robotics industries. Mirae Asset Global Investments is anticipated to continue offering enticing investment opportunities through diverse strategies in the future, buoyed by these impressive returns.
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