Samsung Asset Management announced on the 17th that it has newly listed the 'KODEX China Tech TOP10' exchange-traded fund (ETF), which compressively encapsulates the core driving forces of technological innovation in China.
KODEX China Tech TOP10 invests primarily in the top 5 core stocks that lead China's artificial intelligence (AI) industry, including Tencent, Xiaomi, Alibaba, Meituan, and BYD, focusing on over 70% of the entire portfolio. It is designed to allow investment in growth of leading Chinese corporations that dominate the market based on their capital strength and technological capabilities, similar to American big-tech companies.
Samsung Asset Management expects that the top 10 selected stocks, which are core tech corporations receiving strategic support from the government, will be able to benefit more directly from AI growth in China.
Additionally, the corporations included in the KODEX China Tech TOP10 ETF are expected to directly benefit from the Chinese government's domestic demand-boosting policies and consumption recovery.
Lee Jun-jae, a manager at Samsung Asset Management, noted, "The Chinese tech industry, which is being re-evaluated with the emergence of DeepSeek, is expected to show high growth rates in the future, thanks to government policy support," adding that "KODEX China Tech TOP10 is a product that focuses on investing in and developing new technologies based on strong capital resources to lead the entire industry."