Mirae Asset's China Tech-leading ETF Achieves Remarkable Debut

Mirae Asset Management's 'TIGER China Tech TOP10 ETF' recorded a personal net purchase of 10.5 billion won on its first listing day, marking the largest scale of individual purchase among domestic equity ETFs this year. This ETF invests in 10 next-generation Chinese technology companies, including BYD, Tencent, and Alibaba, as China's industry is anticipated to grow in response to the widespread adoption of artificial intelligence.
The popularity of the ETF is closely linked to the rapid technological advancement in the Chinese economy. Notably, Mirae Asset's TIGER ETF dominates 79% of the domestic Chinese investment ETF market, showcasing its significant influence. According to Jung Hyun Jeong, head of ETF management at Mirae Asset, the expansion of the AI industry will likely broaden investment opportunities in the Chinese tech sector.
Such trends are also visible in the global economic landscape, illustrating that investors are keen on sectors expected to experience future growth. The success of the TIGER ETF serves as a positive signal towards the Chinese market, setting an important milestone for future investment strategies.
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Mirae Asset, 'China Tech TOP 10 ETF' Surpasses 10 Billion KRW in Individual Net Buying on Listing Day - Whitepaper[Whitepaper=Reporter Ko Su-a] Mirae Asset Global Investments announced on the 14th that the 'TIGER China Tech TOP 10 ETF' recorded 10.5 billion KRW in individual net buying on its listing day, the 13th. This is the highest individual net buying on the listing day among domestic stock ETFs listed this year. This ETF focuses on investing in 10 next-generation Chinese tech companies such as BYD, Tencent, Alibaba, Xiaomi, SMIC, Lenovo, and CATL, including stocks listed on Mainland China and Hong Kong. The total net asset value of China-related ETFs listed domestically is 4.6 trillion KRW, of which Mirae Asset's TIGER ETF accounts for 3.6 trillion KRW.
Mirae Asset Management's 'TIGER China Tech TOP10' Surpasses 10 Billion Won in Individual Net Buying on Listing Day - E TodayMirae Asset Management announced on the 14th that the 'TIGER China Tech TOP10 ETF' saw an inflow of 10.5 billion won in individual net buying on its launch day, the 13th. This is a covered call ETF.
