CSOP Hong Kong & South Korea Technology ETF (03431) rose more than 4%. As of writing, the ETF was up 4.03%, trading at HK$10.32 with a turnover of HK$246 million. The increase follows the expansion of the Southbound ETF Connect list on May 6, which added eight new ETFs, including the CSOP Hong Kong & South Korea Technology ETF. This ETF tracks the FTSE ETF Connect Hong Kong Korea Technology+ Index (Net Total Return Version), which includes Hong Kong-listed technology stocks eligible for the Stock Connect program, as well as leading technology companies from the South Korean market. The top twenty index constituents feature major Chinese and South Korean tech leaders benefiting from the AI trend, such as SK Hynix, Samsung Electronics, SK Square, Alibaba, SMIC, Tencent, and Hua Hong Semiconductor. Notably, South Korean equities continued their strong performance on May 6, with the KOSPI index surging as much as 7% in the afternoon session to a record high of 7,426.6 points. Year-to-date, the index has gained over 75%, leading global markets. The semiconductor sector led the rally, with Samsung Electronics rising up to 16% and SK Hynix climbing over 10%, both reaching new all-time highs.