Mirae Asset Global Investments announced on the 27th that it will newly list the 'TIGER China Humanoid Robot ETF' on the Korea Exchange.
The TIGER China Humanoid Robot ETF invests in China's value chain, targeting Chinese humanoid robot companies with technological prowess and cost competitiveness based on the world's largest robot manufacturing infrastructure, as well as key component companies essential for humanoid production.
The ETF's underlying index is the 'Mirae Asset China Humanoid Robot Index.' It includes Chinese humanoid robot companies listed in China and Hong Kong.
China's AI technology and humanoid robot industry are growing rapidly. Since the 2010s, China has been focusing on the robotics industry and is fostering 'humanoid robots' as a next-generation growth engine. China is the world's largest producer and consumer of industrial robots. In addition, the Chinese government has demonstrated strong determination to become a leading country in the humanoid robot market, announcing policies to foster humanoid robots as part of its domestic manufacturing capabilities initiative. The low-cost, high-performance Chinese robot industry is expected to develop in earnest.
In addition to companies that manufacture finished robots, China also holds an overwhelming market share in key component sectors essential for mass production of humanoids. By localizing the entire value chain required for humanoid production, China is expected to gain an advantage in both technological competitiveness and price competitiveness. Through the TIGER China Humanoid Robot ETF, investors can invest in the entire value chain, from companies producing finished robots to raw materials and component manufacturers, all at once.
In regular index rebalancing, the TIGER China Humanoid Robot ETF sets a maximum weighting of 10% for finished humanoid robot manufacturers and 8% for key component companies. This is to actively invest in finished humanoid robot manufacturers, which are positioned at the top of the humanoid robot value chain and are expected to benefit most structurally in terms of platformization and service expansion. In addition, the ETF also considers the ad-hoc inclusion of newly listed companies on a monthly basis.
Jung Hyun Jeong, Head of ETF Management at Mirae Asset Global Investments, introduced the TIGER China Humanoid Robot ETF as a "pure China humanoid ETF" that excludes legacy robot industry companies such as automated robotic arm and assembly machine manufacturers, and focuses on humanoid-related companies. He added, "We took into account that there are many promising unlisted companies in the humanoid robot-related industry in China," and explained, "The ETF is designed with a flexible rebalancing structure that allows for the ad-hoc inclusion of newly listed stocks on a monthly basis, in addition to regular rebalancing."
To commemorate the launch of the TIGER China Humanoid Robot ETF, Mirae Asset Global Investments is holding a listing event for trading customers. At SK Securities, some customers who meet the daily trading conditions for the ETF will receive a cultural gift certificate.
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