Asia-Pacific selected ETF (159687) rose nearly 10% in the first month of the year, driven by the AI wave, causing storage prices to soar. The Asian semiconductor industry chain significantly benefited.

The Asia-Pacific Select ETF (159687) rose nearly 2% during trading, with a cumulative increase of almost 10% within the month. As of the time of writing, it has increased by 1.38% to 1.69 yuan, with a trading volume of 1.05 billion yuan. On the news front, with the intensification of global AI computing power competition, high-performance memory such as HBM has become a key strategic resource. According to media reports citing informed sources, giants like Microsoft, Google, Meta, etc. have stationed core procurement teams in South Korea to compete for the limited production capacity of Samsung and SK Hynix. Memory demand is expected to boost profits for South Korean chip manufacturers. Citigroup previously pointed out that global long-term investors are continuing to increase their holdings of Asian tech stocks due to their important position in the semiconductor supply chain and profit growth potential. Public information shows that the Asia-Pacific Select ETF (159687; linked fund Class A 021189, Class C 021190) launched by Southern Fund is the only ETF tracking the Asia-Pacific Select Index, covering 11 countries and regions in the Asia-Pacific region. This ETF includes high-quality dividend assets from the Asia-Pacific region, such as Toyota, Tencent, Alibaba, Mitsubishi, etc. It also includes high-quality semiconductor companies like TSMC, Samsung, Hynix, Tokyo Electron, and MediaTek.