Southbound Dragon UK Launches First Asia-Pacific KOSPI 200 ETF on Hong Kong Exchange on June 18, With SK Hynix and Samsung Accounting for 62% Holdings

DRAM-2.02%

According to Hong Kong Exchanges and Clearing filings, Southbound Dragon UK's new ETF (code: 03121) will launch on June 18 on the Hong Kong Stock Exchange, becoming Asia-Pacific's first pure-play ETF directly tracking South Korea's KOSPI 200 index. The fund charges an annual management fee of 0.99% and has an entry price of 780 Hong Kong dollars per 100 units.

SK Hynix and Samsung Electronics combined account for approximately 62% of the fund's holdings, significantly higher than exposure levels in U.S. DRAM-related ETFs and the iShares MSCI South Korea ETF (EWY). The KOSPI 200 index has surged 113% year-to-date, driven by artificial intelligence demand.

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