CSOP FTSE HK-Korea Tech+ Index ETF (03431.HK) Falls 2.98% Intraday as Samsung Guides to Record Q3 Operating Profit

NewTimeSpace News: As of 13:57 on October 8, CSOP FTSE HK-Korea Tech+ Index ETF (03431.HK) fell 2.98% to a latest price of HK$9.915. The ETF has traded 2.3326 million shares so far today for a turnover of HK$23.3454 million at an average price of HK$10.008, with a turnover rate of 1.94%. It is down 2.98% so far this week. Its current net asset value per unit is HK$10.28, and its assets under management stand at HK$1.239 billion.(Note on scope: the net asset value per unit and assets under management are as of October 7, 2026; the week-to-date change is measured against the closing price of HK$10.220 on October 2.)

On the news front, Samsung Electronics announced its third-quarter 2026 earnings guidance on October 8, with consolidated sales of about KRW195 trillion, up 126.6% year on year, and consolidated operating profit of about KRW107.4 trillion, up 782.5% — a fourth consecutive quarterly record and the first time a Korean company has posted quarterly operating profit above KRW100 trillion. The results were driven by AI-related semiconductor demand and rising memory chip prices. Samsung Electronics is a constituent of the FTSE ETF Connect HK-Korea Tech+ Index.

CSOP FTSE HK-Korea Tech+ Index ETF (03431.HK) closely tracks the FTSE ETF Connect HK-Korea Tech+ Index (net total return version). Designed under the framework of the HKEX ETF Connect rules, the index covers Hong Kong-listed technology stocks eligible under Southbound Stock Connect and leading Korean technology stocks; it selects by market capitalisation up to 20 SEHK-listed and up to 20 Korea Exchange-listed technology securities, weighted by free-float adjusted market capitalisation, with weight caps of 65% and 35% for Hong Kong and Korean listings respectively and individual caps of 10% and 15%, and is reviewed half-yearly. The fund mainly adopts a physical representative sampling strategy.

Southwest Securities believes that the AI computing build-out is driving explosive growth in server DRAM demand, while new capacity on the supply side has a long expansion cycle and HBM and high-capacity server products absorb wafer resources, leaving limited supply elasticity; with demand surging against rigid supply, memory prices continue to rise and DRAM has entered a super growth cycle.

Summary: CSOP FTSE HK-Korea Tech+ Index ETF (03431.HK) fell 2.98% to HK$9.915 on Oct 8 as Samsung guided to record Q3 operating profit of KRW107.4tn.

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