CSOP FTSE HK-Korea Tech+ Index ETF (03431.HK) Rises 1.64% Intraday as SEDEX Opens; SK hynix to Unveil HBM4E and HBF

NewTimeSpace News: As of 10:57 on October 14, the CSOP FTSE HK-Korea Tech+ Index ETF (03431.HK) rose 1.64% to a latest price of HK$9.585. The ETF has traded 895,300 shares so far today for a turnover of HK$8.5196 million at an average price of HK$9.516, with a turnover rate of 0.74%. It is down 3.96% so far this week. Its current net asset value per unit is HK$9.47, and its assets under management stand at HK$1.142 billion.

(Note on scope: the net asset value per unit and assets under management are as of October 13, 2026; the week-to-date change is measured against the closing price of HK$9.980 on October 9.)

On the news front, the 2026 Korea Semiconductor Exhibition (SEDEX 2026) runs from October 14 to 16 at the COEX convention centre in Gangnam, Seoul. According to the Korea Semiconductor Industry Association, this year's event is themed "Entering the Era of Silicon Intelligence", with 300 companies including Samsung Electronics and SK hynix exhibiting across 888 booths—about 70 more companies and 230 more booths than last year, both record highs. Samsung Electronics will display next-generation memory structures and products for cloud computing, edge computing and physical AI, while SK hynix will unveil its seventh-generation high bandwidth memory (HBM4E) and high bandwidth flash (HBF). Samsung Electronics and SK hynix are major constituents 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.

Goldman Sachs believes that new NAND technologies such as high bandwidth flash (HBF) could ease the "memory wall" problem and significantly lower the cost of artificial intelligence infrastructure; it estimates that HBF could address a total addressable market of US$40 billion to US$150 billion assuming graphics processing unit (GPU) adoption rates of 15% to 50%.