Semiconductor Revenue to Exceed $800 Billion in 2025! First Hong Kong Stock Chip-Focused ETF (159131) Rises Over 1.4% in Afternoon Trading

On the afternoon of December 12, Hong Kong-listed semiconductor stocks showed strong performance, with Fubo Group surging over 6%, Tianyue Advanced up more than 5%, and SenseTime-W, Meitu, and Foxconn Interconnect Technology each gaining over 4%. The first Hong Kong stock chip-focused ETF (159131) tracking the information technology sector saw its price rise by 1.42%, with intraday turnover exceeding 57 million yuan.

According to research firm Omdia, semiconductor industry revenue reached $216.3 billion in Q3 2025, marking the first time quarterly revenue surpassed the $200 billion threshold, reflecting a 14.5% quarter-on-quarter growth. Based on current projections, full-year semiconductor revenue for 2025 is expected to exceed $800 billion.

The ETF (159131) is the first in the market to focus on Hong Kong's semiconductor industry, with its underlying index comprising "70% hardware + 30% software." It heavily invests in Hong Kong-listed semiconductor, electronics, and computer software companies, covering 42 hard-tech firms. SMIC holds the largest weight at 20.48%, followed by Xiaomi Group-W at 9.53% and Hua Hong Semiconductor at 5.80%. Notably, the ETF excludes large-cap internet stocks like Alibaba, Tencent, and Meituan, making it more targeted for capturing AI and hard-tech trends in Hong Kong stocks (as of November 30, 2025).

The index is rebalanced semi-annually, with individual stock weights typically adjusted back to a 15% cap. Investors should carefully assess their risk tolerance and investment objectives before participating, as short-term market fluctuations do not indicate future performance.

Risk Disclosure: The ETF passively tracks the CSI Hong Kong Stock Connect Information Technology Index, which was launched on June 23, 2017, with a base date of November 14, 2014. Past performance does not guarantee future results, and investors should review fund documents to understand risks. The fund is classified as R4 (medium-high risk) and is suitable for aggressive (C4) or higher-risk investors. Regulatory approval does not imply endorsement of the fund's value or prospects.