SK Hynix and Samsung Hold Over 60% Combined, First Pure KOSPI 200 ETF in Asia-Pacific to Launch on H

On June 17, according to a recent product information summary published by the Hong Kong Stock Exchange, a new ETF product under Southern Eastern (code: 03121) will be listed on June 18. Each lot consists of 100 units, with an entry fee of HKD 780 and an annual management fee of 0.99%. This ETF will be the first in the Asia-Pacific region to directly track South Korea's flagship KOSPI 200 index, employing a non-leveraged passive tracking strategy. In terms of holdings, SK Hynix and Samsung Electronics together account for approximately 62% of the weight, significantly higher than the corresponding weights in U.S. DRAM-related ETFs and EWY (iShares MSCI Korea ETF), indicating a more concentrated exposure to the two leading South Korean memory semiconductor companies. The remaining holdings also include major South Korean blue-chip stocks such as Samsung Electro-Mechanics, Hyundai Motor, and Doosan Energy, providing a comprehensive coverage of key sectors in the South Korean real economy. Background-wise, driven by the AI wave, the KOSPI 200 index has risen 113% this year, with leading companies like SK Hynix and Samsung Electronics seeing returns of several times over the past year. For investors unable to directly open a South Korean securities account, 03121 offers a convenient low-threshold channel to participate in the South Korean large-cap market through a Hong Kong stock account.