Memory Price Gains Narrow Quarter by Quarter; Csop Ftse Hk-Korea Tech+ Index Etf (03431.HK) Falls 2.59% Intraday

NewTimeSpace News: As of 9:51 on October 30, 2026, Csop Ftse Hk-Korea Tech+ Index Etf (03431.HK) fell 2.59% intraday to a latest price of HK$8.465, with a turnover of HK$3.82 million, a trading volume of 451,400 shares, and a turnover rate of 0.40%. Its current net asset value per unit is HK$8.764, and its assets under management stand at HK$999.09 million.

NewTimeSpace understands that Csop Ftse Hk-Korea Tech+ Index Etf (03431.HK) is managed by CSOP Asset Management Limited, with the full name CSOP FTSE HK-Korea Tech+ Index ETF, and an investment objective of providing investment results that closely track the FTSE ETF Connect HK-Korea Tech+ Index (Net Total Return), before fees and expenses. The ETF primarily adopts a physical representative sampling strategy, investing 50% to 100% of net asset value in Index securities, and uses a synthetic representative sampling strategy as a supplementary approach, investing up to 50% of net asset value in financial derivative instruments such as funded total return swaps when considered beneficial. The manager may deviate from Index weightings, provided that any constituent's deviation does not exceed 3%. The Index is constructed under the HKEX ETF Connect framework and covers Hong Kong-listed technology stocks eligible for Stock Connect together with leading Korean technology stocks; by market capitalisation it selects up to 20 technology securities listed on the Stock Exchange of Hong Kong and 20 listed on the Korea Exchange, for 40 constituents in total, weighted by free-float adjusted market capitalisation. The caps on Hong Kong and Korean stocks are 65% and 35% respectively, individual constituent caps are 10% and 15%, and the Index is reviewed semi-annually. Its top ten constituents include SK Hynix, Samsung Electronics, MEITUAN-W, ALIBABA-W, SMIC, XIAOMI-W and TENCENT. As of October 29, the ETF had assets under management of HK$999.09 million, a net asset value per unit of HK$8.764, and a board lot of 100 units.

On the news front, according to TrendForce tracking, the quarter-on-quarter increase in conventional DRAM contract prices in 2026 has slowed from 90%-95% in the first quarter and 58%-63% in the second to 13%-18% in the third, with the fourth quarter estimated at a further 10%-15%; NAND flash prices are forecast to rise 15%-20% in the fourth quarter. Enterprise SSDs are the only category where gains are widening, with an estimated 23%-28% increase in the fourth quarter.

Guohai Securities believes that in the fourth quarter of 2026 DRAM makers will continue to prioritise advanced process capacity for high-performance server products, keeping the market broadly undersupplied, but that contract price increases are slowing; the broker notes that the sector's momentum is shifting from being driven by price-increase expectations to a phase of verification through earnings delivery.