AI发展拉动全球半导体需求增长，中韩半导体ETF（513310）连续7个交易日获资金流入

Core Insights - The global semiconductor industry is entering a significant growth cycle driven by demand for AI computing power, with a projected sales increase of 20.6% to $62.07 billion in 2025, and China's semiconductor sales expected to reach $17.02 billion, growing by 10.4% [1] - Capital expenditure in overseas semiconductor firms is expected to remain strong, particularly in AI-related advanced logic and memory sectors, while domestic capital expenditure is influenced by the rhythm of memory investments and the yield of advanced logic [1] - The recent positive changes in the semiconductor industry have led to strong performance in the semiconductor sector and increased investment in specialized index products, with the China-Korea Semiconductor ETF (513310) attracting a net inflow of 492 million yuan over seven trading days [1] Industry Overview - The China-Korea Semiconductor ETF (513310) tracks a combined index of the China Securities Semiconductor 15 Index and the KRX Semiconductor 15 Index, reflecting the performance of leading semiconductor companies in both markets [2] - As of September 19, 2025, the China-Korea Semiconductor Index has a price-to-earnings ratio (PE) of 17.65, which is within the historical median range and offers a valuation advantage compared to other semiconductor indices [2] - The ETF is the first cross-border product using a jointly compiled index from both countries, providing a significant opportunity for investment in the semiconductor sector amid the industry's growth [2] Fund Management - The China-Korea Semiconductor ETF is managed by Huatai-PB Fund, which has over 18 years of experience in ETF operations and is recognized for its leading index investment management capabilities [3] - As of September 19, 2025, Huatai-PB Fund's equity ETF scale reached 570.1 billion yuan, indicating strong market presence and liquidity [3]