March semiconductor exports exceeded $30 billion, South Korea's benchmark KOSPI gained nearly 3%, and Xtrackers MSCI Korea UCITS ETF (02848.HK) surged 3.64% intraday.
NewTimeSpace News:On April 15, Japanese and South Korean markets opened higher. South Korea's KOSPI surged nearly 3%, with SK Hynix jumping over 5% to hit new all-time highs, while Samsung Electronics and Hyundai Motor gained close to 4%.Xtrackers MSCI Korea UCITS ETF(02848.HK) opened strongly, rising over 3.6%. The fund has delivered excellent performance year-to-date, with total returns exceeding 40%.
Following reports that the United States and Iran have continued secret contacts after the collapse of their previous negotiations last weekend, market anxieties have eased. U.S. President Trump stated on the 13th local time that he had received contact from Iran, noting that they are "very eager to reach a deal."
According to Hong Kong Exchange data,Xtrackers MSCI Korea UCITS ETF(02848.HK) tracks the MSCI Korea 20/35 Custom Index, a "capped index" designed by MSCI to comply with EU UCITS fund regulatory requirements. While maintaining representation and investability across South Korea's large and mid-cap markets, it reduces single-company risk through hard weight caps. SK Hynix, Samsung Electronics, NAVER, Hyundai Motor, and Shinhan Financial are all among the top ten constituents.
On the news front, data released by South Korean authorities on April 14 showed that March semiconductor exports reached $32.84 billion for the first time, surging 151.4% year-on-year. This growth was primarily driven by robust global server demand, which fueled a significant increase in memory chip exports.
On the same day, Chinese authorities released March trade data. China's imports denominated in U.S. dollars grew 27.8% year-on-year, while exports rose 2.5%. Integrated circuit exports entered an explosive growth phase, with export value jumping 84.92% year-on-year—accelerating further from the 72.6% growth rate seen in the first two months.
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