Spotlight on Mirae Asset's 'TIGER China Hang Seng Tech ETF'
Mirae Asset's 'TIGER China Hang Seng Tech ETF' has garnered significant interest from individual investors, with cumulative net purchases reaching 3.231 trillion KRW. This trend reflects a preference for investing in leading Chinese big tech companies. The fund has posted a 22.3% return since the start of the year, driven by China's AI and tech company support policies, meeting investor expectations. The net asset size stands at 8.108 trillion KRW, with a focus on the 'Terrific Ten,' the top ten Chinese technology stocks, serving as a highlight.
In the domestic ETF market, competition with Samsung Asset Management is intensifying. Mirae Asset emphasizes minimal costs in its advertising to expand market share, while Samsung highlights returns in its counter-campaigns. This rivalry has led to a reduction in ETF fees, with larger firms being criticized for imitating innovative products from smaller companies. Such dynamics offer a variety of options to investors and are likely to significantly impact ETF market trends.
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화이트페이퍼2025 3月 04
Mirae Asset's 'TIGER China Hang Seng Tech' Individual Net Purchase Surpasses 300 Billion KRW - White Paper[White Paper=Reporter Ko Sua] Mirae Asset Global Investments announced that the cumulative individual net purchase of the 'TIGER China Hang Seng Tech (371160)' ETF has surpassed 300 billion KRW. According to the Korea Exchange on the 4th, as of the closing price on February 28, the cumulative individual net purchase of the 'TIGER China Hang Seng Tech ETF' was recorded at 323.1 billion KRW. Amid the rising stock prices of Chinese big tech companies, 42.8 billion KRW of individual net purchases were made in the first two months of the year alone. Consequently, the net asset scale increased from over 700 billion KRW last month to 810.8 billion KRW in less than a month.
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Expectations for Chinese Tech Stock Policy... 'TIGER China Hang Seng Tech' Individual Net Purchases - Smart TodaySmart Today = Reporter Kim Yoon-jin | There is anticipation that supportive policies for tech companies will be announced during China's Two Sessions, leading to continued individual net purchases in the ‘TIGER China Hang Seng Tech ETF’, which invests in China's top 10 tech stocks 'Terrific 10'. Mirae Asset Management reported that cumulative individual net purchases of the 'TIGER China Hang Seng Tech ETF' reached recently.
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Mirae Asset's 'TIGER China Hang Seng Tech' Individual Net Purchases Exceed 300 Billion - E TodayMirae Asset Management announced on the 4th that the individual net purchases of the 'TIGER China Hang Seng Tech ETF' have surpassed 300 billion won, according to the Korea Exchange.
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Mirae Asset, ‘TIGER China Hang Seng Tech’ Individual Net Purchases Surpass 300 Billion KRW - EdailyMirae Asset Management announced on the 4th that the cumulative individual net purchases of the 'TIGER China Hang Seng Tech' ETF have exceeded 300 billion KRW. According to the Korea Exchange, as of the closing price on the 28th of last month, the cumulative individual net purchases of the TIGER China Hang Seng Tech ETF amounted to 323.1 billion KRW. Major Chinese tech companies...
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Advertising to target each other and racing to lower fees... Fierce competition among asset management companies in ETF market - Kukmin IlboAs the ETF market grows rapidly, competition among asset management companies to expand market share is becoming fierce. The industry leaders, Samsung Asset Management and No. 2 Mirae Asset Global Investments,