中国基金报·2025-08-06 14:10Core Viewpoint - KIM has launched the KIM ACE China AI Big Tech TOP2+ Active ETF, aiming to capture opportunities in China's AI, digital platforms, and smart industrial technology sectors [2][3]. Group 1: ETF Overview - The ETF tracks the Solactive China AI Big Tech Top 2+ Index, which focuses on cognitive technology, digital platforms, smart systems, and industrial technology [3]. - The index includes 50 companies, selecting 25 from each category, and ranks them based on thematic relevance using natural language processing algorithms [3]. - Eligible companies must be listed on the Hong Kong Stock Exchange or included in the Stock Connect programs, with a minimum market capitalization of $2 billion and an average daily trading volume of $30 million [3]. - The index emphasizes companies with a significant portion of their business in AI or technology, covering sectors like cloud platforms, smart mobility, semiconductors, and industrial automation [3]. Group 2: Market Insights - Morgan Stanley predicts that China will become a global leader in the AI industry by 2030, with the core AI industry potentially reaching $140 billion and the broader AI-related sectors reaching $1.4 trillion [3]. - The ETF was listed on July 29 on the Korea Stock Exchange under the code 0087F0.KS [5]. Group 3: Top Holdings - As of August 5, 2025, the top holdings in the index include Alibaba Group (24.23%), Xiaomi Corp (21.94%), and Tencent Holdings (5.70%), with Alibaba and Xiaomi together accounting for over 46% of the index [6][7]. Group 4: Korean Investor Behavior - Korean investors have shown a strong preference for Chinese tech stocks, with Xiaomi being the most net purchased stock among Korean investors this year [8]. - The net purchase amounts for the top Chinese stocks by Korean investors include $170.39 million for Xiaomi, $81.46 million for Alibaba, and $55.87 million for Contemporary Amperex Technology [9][10]. - From January 1 to August 5, 2025, the total transaction amount for Chinese stocks by Korean investors reached $6.158 billion, surpassing the total for the previous year [10].