3 New Thematic ETFs
Mirae Asset Global Investments listed three new ETFs focused on new technologies and the entertainment sector in China on the Hong Kong stock exchange on July 23. The new ETFs are the Global X Asia Semiconductor ETF, Global X China Games and Entertainment ETF and Global X China E-commerce and Logistics ETF.
The Global X Asia Semiconductor ETF will invest in Asia-based semiconductor companies with global competitiveness. It tracks the Factset Asia Semiconductor Index. It will invest in 40 companies including foundry companies (TSMC), memory semiconductor makers (Samsung Electronics and SK Hynix), image sensor makers (Sony, Samsung Electronics and Will Semiconductor) and semiconductor equipment manufacturers (Tokyo Electron).
The Global X China Games and Entertainment ETF will zero in on Chinese game and entertainment companies. The ETF follows the Factset China Games and Entertainment Index and invests in 30 companies including game companies (Tencent and NetEase), media content firms (Bilibili and iQiyi) and travel websites (Trip.com).
The Global X China E-commerce and Logistics ETF will invest in Chinese courier, transportation, and logistics infrastructure companies and e-commerce platforms. It will follow the Factset China E-commerce and Logistics Index. It will invest in 30 companies including Alibaba, JD, and ZTO Express.