New Listing of TIGER China Tech TOP10 ETF

Mirae Asset Global Investments announced on May 13 that it will newly list the 'TIGER China Tech TOP10 ETF' on the Korea Exchange.

The TIGER China Tech TOP10 ETF is an ETF that focuses on investing in leading Chinese technology stocks. Most of the existing China-focused ETFs launched in Korea track the Hang Seng Tech Index, which represents Hong Kong-listed companies. In contrast, the TIGER China Tech TOP10 ETF invests not only in companies listed in Hong Kong but also in those listed on mainland Chinese exchanges. This product concentrates on the so-called 'Chinese M7' companies and includes firms not found in the Hang Seng Tech Index, such as BYD, the world’s No. 1 electric vehicle company; Cambricon, a key player in China’s semiconductor industry; and CATL, the global leader in battery manufacturing.

The ETF’s underlying index is the 'Mirae Asset China Tech Top 10 Index,' which selects and includes 10 Chinese technology stocks listed on exchanges in China, Hong Kong, and the United States. The index covers companies in sectors such as electric vehicles (EV), artificial intelligence (AI), medical devices, electronic and electrical equipment, computer hardware and telecommunications, and semiconductors. Compared to Hang Seng Tech products, which have a high proportion of internet and platform companies, this ETF allows investors to target leading companies across the broader Chinese tech industry. As of May 13, the included stocks are BYD, Tencent, Alibaba, Meituan, Xiaomi, SMIC, Lenovo?collectively known as the 'Chinese M7'?as well as Cambricon and CATL, both listed on mainland Chinese exchanges.

This year marks the conclusion of China’s 14th Five-Year Plan, which is the country’s mid- to long-term roadmap, and serves as a transitional period in preparation for the upcoming 15th Five-Year Plan (2026?2030). In the 15th Plan, the Chinese government has designated so-called 'new productive forces'?including AI, semiconductors, cloud computing, and industrial software?as core pillars for national growth. In addition, the government is shifting its strategy focus from 'manufacturing powerhouse' to 'technology powerhouse,' which is expected to benefit Chinese technology stocks.

The TIGER China Tech TOP10 ETF selectively invests in leading companies that are expanding their growth momentum under the government’s strong policy drive. For example, BYD, the global No. 1 electric vehicle company, held about a 35% market share in China’s EV market as of 2024 and ranked first in global BEV sales in the first quarter of 2025. Unlike its competitor Tesla, BYD has strengthened its competitiveness through comprehensive vertical integration, directly producing key components such as fast chargers, batteries, and PHEVs. Tencent, China’s largest internet platform company and the country’s top company by market capitalization, is expanding its business into promising future industries such as entertainment, AI, and healthcare.

Jung Hyun Jeong, Head of ETF Management at Mirae Asset Global Investments, introduced the TIGER China Tech TOP10 ETF as “not simply a compressed version of existing China-focused ETFs or the Hang Seng Tech Index, but a product that enables focused investment in Chinese tech companies being re-evaluated amid the Deepseek trend.” He added, “As China Tech’s technological prowess extends beyond the domestic market to the global stage, combined with the policy drive from the Chinese government, we expect to see the greatest synergy.”

To commemorate the launch of the TIGER China Tech TOP10 ETF, Mirae Asset Global Investments will hold a listing event for trading customers. Selected customers who meet the daily trading and net purchase requirements for this ETF at KB Securities, SK Securities, and Eugene Investment & Securities will receive cultural gift certificates. Detailed information about the event can be found on each securities firm’s website.