In afternoon trading, the E Fund Asia Semiconductor ETF (03486) saw a gain exceeding 5%. As of the latest update, the ETF is up 4.28%, trading at HK$26.3 with a turnover of HK$10.14 million.

This movement follows recent news from South Korea. On June 29th, the Korean government unveiled its most substantial investment initiative to date, focusing on semiconductors and artificial intelligence. The plan positions semiconductors, physical AI, and AI data centers as the three foundational pillars for industrial advancement.

Major players Samsung and SK Hynix are set to invest approximately 800 trillion won in constructing four new chip fabrication plants in the southwestern region of the country. A notable development is SK Hynix's intention to issue American Depositary Receipts (ADRs) in the United States, with analysts predicting that Samsung may follow suit.

Should this trend materialize, it could potentially encourage a broader wave of Asian semiconductor companies to pursue listings on US exchanges.

Information available to the public indicates that the E Fund Asia Semiconductor ETF (03486) closely tracks the Solactive Asia Semiconductor Select Index. The fund's holdings encompass key industry leaders across Asia, including SK Hynix, Hua Hong Semiconductor, Taiwan Semiconductor Manufacturing Company (TSMC), Semiconductor Manufacturing International Corporation (SMIC), and Tokyo Electron. This provides comprehensive exposure to high-growth sectors such as AI computing power, semiconductor manufacturing equipment, and memory chips.