Südkoreanische Kapitalströme kaufen die Science and Technology Innovation 50, Robotik- und Chip-ETF an.
Yesterday, the Chinese A-share market traded sharply lower, but South Korean investors, going against the market trend, bought several high-quality stocks and thus started "bottom fishing."
According to data from the South Korean Securities Depository and Settlement Agency, South Korean investors achieved the highest net purchase amount in the Huaxia CSI Robotics ETF during the decline of A-shares on May 21, with the net purchase amount reaching $32.111 million. In addition, several products such as the Huatai-PineBridge CSI 300 ETF, the Huaxia Semiconductor Chip ETF, and the Huaxia STAR Market 50 ETF also saw additional purchases from South Korean investors.
In the area of individual stocks, XingSen Technology, the market leader in the PCB field, received a net purchase amount of $27.339 million from South Korean investors yesterday. Fenghua Hi-Tech, the market leader in a special area of electronic components, also received a net purchase amount of $27.201 million from South Korean investors. In addition, TongFu Microelectronics, a company in semiconductor packaging and testing, Shengyi Technology, the market leader in copper cladding, and Luxshare Precision Industry, the market leader in consumer electronics, also saw additional purchases from South Korean investors.
Looking at the overall strategy of South Korean investors, in these contrarian purchases, they particularly focus on several technology stocks in China's high-quality manufacturing industry. According to analyses by industry experts, special areas such as robotics, semiconductors, and consumer electronics in China have a complete industrial infrastructure and possess rarity and competitive advantages globally. Even though South Korean technology stocks perform strongly in the domestic market, South Korean investors still went against the trend and bought high-quality technology stocks in the Chinese A-share market, which reflects the unique attractiveness of Chinese technology facilities.
Industry institutions emphasize that although the technology sector of A-shares has experienced fluctuations and corrections in the short term due to market sentiment, the long-term positive development trend remains unchanged. In the future, the accumulation of profit potential in the market, driven by the technology industry, could lead to the positive cycle of additional capital inflows changing from a "quantitative change" to a "qualitative change," thus supporting subsequent market movements both financially and psychologically.
South Korean investors net-buy robot, chip, and STAR Market 50 ETFs
The latest data from the South Korean Securities Depository and Settlement Agency shows that on May 21, when A-shares were trading lower, South Korean investors, going against the market trend, bought several high-quality stocks.
The stock with the highest net purchase amount from South Korean investors yesterday was the Huaxia CSI Robotics ETF, with a purchase amount of $32.111 million and a sales amount of $0, which corresponds to a net purchase amount of $32.111 million. According to analyses by industry experts, the Chinese robotics industry is based on a complete supply chain and core technologies and has built strong barriers in the industrial chain and application. The investment targets in these special industries are rare globally, which prompts foreign investors to make investments.
In addition, the Huaxia Power Grid Equipment ETF and the Huaxia China Securities Semiconductor Chip ETF also saw net purchases from South Korean investors yesterday, with net purchase amounts of $11.493 million and $1.561 million respectively.
Industry experts have pointed out that South Korean chip stocks have been strengthened recently, and stocks such as Samsung Electronics and SK Hynix have reached new highs several times. Despite sufficient investment opportunities in the domestic market, South Korean investors still went against the trend and bought Chinese semiconductor ETFs during the current correction of the Chinese A-share market, which reflects the investment attractiveness of the Chinese semiconductor industry.
It is also noteworthy that South Korean investors also net-bought the E Fund CSI Robotics Industry ETF, the Huaxia STAR Market 50 ETF, the Harvest CSI 300 Dividend Low Volatility ETF, and the Huatai-PineBridge CSI 300 ETF yesterday.
South Korean investors not only bought technology ETFs such as robot and chip ETFs strongly but also acquired broad-based products that track the CSI 300 and STAR Market 50 indices at low prices. This shows that South Korean investors not only view the development of the technology sector of A-shares optimistically but also recognize the investment opportunities in the entire A-share market.
Market leaders in semiconductors and consumer electronics are also net-bought
Besides the ETFs, South Korean investors also bought several high-quality individual stocks yesterday.
The individual stock with the highest net purchase amount from South Korean investors yesterday was XingSen Technology, with a purchase amount of $27.576 million and a sales amount of $0.237 million, which corresponds to a net purchase amount of $27.339 million. XingSen Technology is a market leader in special areas such as PCB and IC semiconductor packaging substrates in China and benefits greatly from the AI wave.
The individual stock with the second-highest net purchase amount was Fenghua Hi-Tech, with a purchase amount of $27.201 million and a sales amount of $0, which corresponds to a net purchase amount of $27.201 million. Fenghua Hi-Tech is a market leader in a special area of electronic components in China and is mainly specialized in passive components such as chip resistors, capacitors, and inductors. It benefits greatly from the development of AI and renewable energy.
In addition, South Korean investors also bought high-quality stocks in special areas such as semiconductors, power supply equipment, consumer electronics, and automobile parts.
In the semiconductor area, South Korean investors net-bought TongFu Microelectronics, a company in semiconductor packaging and testing, and Shengyi Technology, the market leader in copper cladding, yesterday, with net purchase amounts of $2.668 million and $2.272 million respectively.
Luxshare Precision Industry, a popular stock in the consumer electronics area, was also strongly bought by South Korean investors yesterday, with a net purchase amount of $5.323 million.
Zhongtian Technology, a company in the telecommunications and power supply equipment industry, and Yinlun Machinery, a company in the automobile parts industry, also saw net purchases from South Korean investors yesterday, with net purchase amounts of $3.375 million and $2.417 million respectively.
Looking at the overall strategy of South Korean investors, in these contrarian purchases, they strongly focus on several technology stocks in China's high-quality manufacturing industry and have made investments in several special technology areas such as PCB, semiconductor packaging and testing, consumer electronics, renewable power supply equipment, and automobile parts.
Industry experts have analyzed and pointed out that China's high-quality manufacturing industry has a complete supply chain system and possesses remarkable rarity and competitive advantages globally. Even if the relevant stocks experience short-term fluctuations, the short-term sentiment correction will not change the long-term positive development trend.
Regarding future market development, Huaxia Asset Management believes that the market may enter a fluctuation phase and is mainly characterized by temporary corrections, but the long-term positive trend remains unchanged. The company has analyzed that the current AI technology is the main contradiction in the market. The short-term correction is mainly due to investors' concerns about overcrowding and high valuations, as well as the accelerated realization of profits. The medium-term development returns to the industry foundation again, and the direction is still in the expansion phase. The rise of the technology sector has a strong industry foundation.
Huatai-PineBridge Fund believes that the risk of the entire market is currently relatively controllable. Driven by the technology market development, the Japanese and South Korean stock markets are still rising strongly. The correction of the Chinese market may be more based on internal game theory. Since April, the accumulation of profit potential in the market, driven by the technology industry, could lead to the positive cycle of additional capital inflows changing from a "quantitative change" to a "qualitative change," thus supporting subsequent market movements both financially and psychologically.
This article is from the WeChat account "Kechuangban Daily", author: Li Di, published by 36Kr with permission.