CSOP FTSE HK-Korea Tech+ Index ETF (03431.HK) Rises 1.97% Intraday as Japan and Korea Markets Open Higher

NewTimeSpace News: As of 10:05 on October 16, the CSOP FTSE HK-Korea Tech+ Index ETF (03431.HK) rose 1.97% to a latest price of HK$9.075. The ETF has traded 613,000 units so far today for a turnover of HK$5.5922 million at an average price of HK$9.123, with a turnover rate of 0.509%. It is down 9.07% so far this week. Its current net asset value per unit is HK$8.9379, and its assets under management stand at HK$1.077 billion.

(Note on scope: the net asset value per unit and assets under management are as of October 15, 2026; the week-to-date change is measured against the closing price of HK$9.980 on October 9.)

On the news front, Japanese and South Korean markets opened higher together on October 16, with Korea's benchmark KOSPI index opening up 1.8% at 5,653.99; Korea's memory duo rebounded in concert — Samsung Electronics rose as much as 2.26% intraday and SK hynix gained 0.48%, while Hanmi Semiconductor climbed more than 2%. Samsung Electronics and SK hynix are major constituents of the FTSE HK-Korea Tech+ Index.

The CSOP FTSE HK-Korea Tech+ Index ETF (03431.HK) closely tracks the FTSE HK-Korea Tech+ Index (net total return version). Designed under the ETF Connect framework of the Hong Kong Stock Exchange, the index covers Hong Kong-listed technology stocks eligible for Southbound trading and leading Korean technology stocks, selecting up to 20 technology-oriented securities each from the SEHK and the KRX by market capitalisation, weighted by freefloat-adjusted market capitalisation with weight caps of 65% for Hong Kong stocks and 35% for Korean stocks, individual stock caps of 10% and 15% respectively, and semi-annual reviews. The fund primarily adopts a physical representative sampling strategy.

China Galaxy Securities said in its overseas computing-power biweekly report that both memory contract prices and optical device capacity schedules point to a tight supply-demand pattern lasting until 2027-2029, and the visibility of computing-power capital expenditure has not declined due to short-term market volatility; on the supply side, the constraint has shifted from GPU scheduling to memory capacity, optical device capacity and data-centre power grid connection, and value is being redistributed along capacity scarcity, with segments holding indium phosphide device, high-capacity DDR5 and HBM capacity enjoying stronger pricing power.