CSOP KOSPI 200 Covered Call Active ETF (03537.HK) Falls 3.43% Intraday as ASML Raises Component Prices for Korea by a Uniform 10%

NewTimeSpace News: As of 11:04 on October 12, the CSOP KOSPI 200 Covered Call Active ETF (03537.HK) fell 3.43% to a latest price of HK$9.020. The product has traded 1.8296 million units so far today for a turnover of HK$16.5945 million at an average price of HK$9.070, with a turnover rate of 9.15%. It is down 3.43% so far this week. Its current net asset value per unit is HK$9.1795, and its assets under management stand at US$23.39 million (about HK$184 million).

(Note on scope: the net asset value per unit and assets under management are as of October 9, 2026; the week-to-date change is measured against the closing price of HK$9.340 on October 9. The product is denominated in US dollars and traded in Hong Kong dollars; assets under management are derived from the 20 million units in issue and the net asset value above.)

On the news front, the wave of price increases among semiconductor equipment suppliers has reached the Korean market. According to Korean media The Elec (cited by Chinanews on October 10), ASML has sent a price-increase proposal through its Korean subsidiary to Samsung Electronics and SK hynix, raising prices for the components it supplies to the Korean market by a uniform 10%, covering all parts for its extreme ultraviolet (EUV) and deep ultraviolet (DUV) lithography equipment, effective January 2027; Applied Materials and Tokyo Electron have also begun price adjustments. The KOSPI 200 Index is highly concentrated in its two largest constituents, Samsung Electronics and SK Hynix, which both belong to the electronics and technology hardware industry.

CSOP KOSPI 200 Covered Call Active ETF (03537.HK) is an actively managed synthetic ETF. It aims to generate income and maintain prospects for capital appreciation while mitigating some downside risk through a covered call strategy, although that strategy also caps potential upside. The product mainly adopts a synthetic representative sampling strategy to gain exposure to the KOSPI 200 Index through KOSPI 200 futures, and sells KOSPI 200 call options to collect option premiums, with the notional value of the options at about 70% to 100% of its total exposure to the index; distributions are determined monthly at the manager's discretion.

China Renaissance Securities believes niche and server memory contract prices still have upside in the fourth quarter of 2026; according to TrendForce data, overall conventional DRAM contract prices rose 13% to 18% quarter on quarter in the third quarter of 2026, with supply remaining tight.