Mirae Asset Global Investments said on the 27th that it has newly listed the "TIGER China Humanoid Robot ETF (exchange-traded fund)" on the Korea Exchange.
This ETF is a product that invests in corporations involved in humanoid robot production and the essential core components necessary for humanoid production.
The ETF's underlying index is the "Mirae Asset China Humanoid Robot Index." It includes Chinese humanoid robot corporations listed in China and Hong Kong. As of the 26th of this month, key investment stocks include UBTech, "Shenzhen Inovance Tech," and Iflytek.
Mirae Asset Global Investments noted that China's artificial intelligence (AI) technology and humanoid robot industry are rapidly growing. China is the largest producer and consumer of industrial robots in the world. Since the 2010s, the government has been promoting humanoid robots as the next growth driver.
During regular adjustments, humanoid robot manufacturers will be assigned a maximum share of 10%, while core component corporations will receive a maximum share of 8%. A representative from Mirae Asset said, "This is to invest more actively in humanoid robot manufacturers, which are expected to gain the greatest structural benefits in terms of product platforming and service scalability," and added, "In addition, we've considered the regular incorporation of newly listed stocks every month."
Jung Ui-hyun, head of the ETF management division at Mirae Asset Global Investments, said, "There are many promising unlisted companies in the humanoid robot-related industry in China," and noted, "In addition to regular adjustments, we have a flexible rebalancing structure designed to allow for the frequent incorporation of newly listed stocks every month."
Mirae Asset Global Investments announced that it will hold a listing commemorative event for trading customers to celebrate the new launch of the TIGER China Humanoid Robot ETF. SK Securities will present cultural gift certificates to some customers who meet the daily trading conditions for the ETF.