The semiconductor sector has continued its robust performance recently, attracting active capital attention. According to Wind data, the China-Korea Semiconductor ETF (513310), currently the only product in the market that simultaneously invests in both Chinese and Korean markets, has experienced net capital inflows for four consecutive trading days (September 11-16, 2025), accumulating total inflows of 267 million yuan. This has driven its assets under management to 1.206 billion yuan, reaching a new historical high. (Scale data source: Exchange; other data source: Wind, as of September 16, 2025)
Accompanied by intensive capital inflows, the China-Korea Semiconductor ETF (513310) has seen synchronized expansion in trading volume. Over the recent four trading days (September 11-16, 2025), daily trading volume has consistently maintained above 4 billion yuan, highlighting its liquidity advantages. (Data source: Wind)
The China-Korea Semiconductor ETF (513310) closely tracks the China-Korea Semiconductor Index, which selects 15 listed companies through market capitalization weighting from both Chinese and Korean markets, focusing on businesses involved in semiconductor design, manufacturing, applications, and equipment production. This captures leading semiconductor enterprises from both countries. Wind data shows that the index has gained 36.62% over the past six months, outperforming major STAR Market broad-based indices including the STAR 50 Index (24.81%), STAR 100 Index (28.53%), and STAR 200 Index (31.38%), as well as sector-specific indices like the STAR Chip Index (35.64%), demonstrating notable growth characteristics. (Data sources: CSI Index Company, Wind, as of September 16, 2025. Historical index performance does not represent future performance and does not constitute a guarantee of fund performance. Investors should pay attention to index volatility risks)
Meanwhile, Wind data shows that as of September 16, 2025, the China-Korea Semiconductor Index trades at a P/E ratio of only 17.7x, positioned at the 57.44% percentile since the index launch (December 20, 2021), offering certain valuation advantages compared to the STAR 50 Index's 174.65x and STAR 100 Index's 275.75x P/E ratios.
Currently, catalytic events in the semiconductor sector are increasing both domestically and internationally. On one hand, China has initiated anti-dumping investigations against analog chip imports from the US, domestic internet giants have begun adopting self-developed chips, and the first industrial investment project of the third phase of the National IC Fund has emerged, steadily advancing the domestic substitution theme in semiconductors. On the other hand, overseas technology leaders' AI businesses have exceeded expectations with continued capital expenditure expansion, driving market demand for semiconductors and chips. Against this backdrop, cross-market and cross-border indices may help capture broader upward opportunities.
The China-Korea Semiconductor ETF (513310) is the market's first product utilizing a cross-border market cooperation model with a jointly compiled index from two countries, comprehensively reflecting semiconductor industry trends in both China and Korea. It possesses dual attributes of scarcity and hard technology, maintains substantial scale and superior liquidity, and supports intraday T+0 trading. As China's semiconductor sector continues advancing domestic substitution and Korea's semiconductor sector maintains globally leading technological advantages, the China-Korea Semiconductor ETF (513310) enables investors to capture development dividends from both countries' semiconductor industries with a single investment. Off-exchange investors may consider its feeder funds (Class A 019454, Class C 019455).
Note: Intraday T+0 represents the exchange trading mechanism; China-Korea Semiconductor ETF (513310) was established on November 2, 2022.
Additional Information: China-Korea Semiconductor ETF (513310) was established on November 2, 2022, with returns of 27.70%, 15.87%, and 17.10% for 2023, 2024, and the first half of 2025, respectively. Corresponding benchmark performance was 27.94%, 16.80%, and 16.90%. Fund managers throughout: Liu Jun (November 2, 2022 to present), Li Muyang (November 2, 2022 to present). Data extracted from fund periodic reports.
Risk Warning: Fund investments carry risks; invest with caution. When purchasing related fund products, please pay attention to investor suitability management regulations, conduct risk assessments in advance, and purchase fund products with risk levels matching your risk tolerance capacity. Past fund performance does not predict future performance, and the performance of other funds managed by the fund manager does not constitute a guarantee of fund performance. Fund investments require attention to investment risks; please carefully read legal documents such as the fund contract, prospectus, and product summary to understand specific fund conditions. This fund may invest in overseas securities markets and, in addition to general investment risks similar to domestic securities investment funds such as market volatility risk, will also face special investment risks including foreign exchange risk and overseas securities market risk. The index is compiled and published by CSI Index Company, with ownership belonging to CSI Index Company. CSI Index Company will take all necessary measures to ensure index accuracy but makes no guarantees and bears no responsibility for any index errors.
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