Xin Lang Ji Jin·2025-11-24 02:23Group 1 - The Hong Kong stock market experienced a significant pullback in the semiconductor sector, with notable declines in companies such as Hua Hong Semiconductor, which fell nearly 8%, and SMIC, which dropped over 6% [1] - The first ETF focusing on the Hong Kong semiconductor industry has been launched, tracking the "CSI Hong Kong Technology Comprehensive Index," which consists of 70% hardware and 30% software, including 42 Hong Kong tech companies [4][6] - The Chinese semiconductor industry is projected to see a sales increase of 29.4% in 2025, reaching approximately 835.73 billion yuan compared to 2024 [2] Group 2 - The current moment is seen as an optimal time for the development of domestic chips in China, with a long-term trend towards the localization of AI chips [3] - The ETF mentioned above has significant weightings in key companies, with SMIC at 20.27%, Xiaomi Group at 9.11%, and Hua Hong Semiconductor at 5.64%, excluding major internet firms like Alibaba and Tencent [4] - The ETF has seen a real-time net subscription of 18 million units, indicating strong market interest despite the current downturn [2]