According to Zhitong Finance APP, the Huatai-PineBridge Hong Kong-Korea Semiconductor Index ETF (03569) has fallen over 5%, down 5.38% as of press time, trading at HK$7.58 with a turnover of HK$1.3326 million.
On the news front, the Huatai-PineBridge Hong Kong-Korea Semiconductor Index ETF was officially listed on September 28. The ETF tracks the Hong Kong Exchange-Korea Exchange Semiconductor Index, in which Hong Kong-listed companies eligible for Stock Connect account for approximately 60% of the weighting, while Korea Exchange-listed companies account for about 40%. This makes it a "60/40" ETF variety that is currently drawing significant market attention.
On September 28, technology stocks across Asia-Pacific markets suffered sharp declines. South Korea's KOSPI index dropped more than 2%, falling below the 7,000-point mark, with Samsung Electronics and SK Hynix both declining over 4%. In the Hong Kong stock market, AI hardware stocks led by optical communication names also fell across the board.
Some analysts believe that OpenAI's suspension of frontier model-related training has weighed on technology stock sentiment, while rising expectations for U.S. interest rate hikes have transmitted pressure to global markets.