Overseas ETFs Raise Exposure to Chinese Chip Stocks

Several overseas exchange-traded funds have recently increased their focus on Chinese semiconductor names, pointing to fresh international allocation toward China’s technology assets. Roundhill Memory ETF (DRAM), which tracks the memory chip supply chain, adjusted its holdings recently. As of the Aug. 14 close, A-share memory company ChangXin Technology accounted for 4.52% of the fund, making it its sixth-largest holding. GigaDevice, which was first added to the fund in June this year, had a weight of 1.16%. Tema ETFs, a U.S. active ETF manager, also said it has added ChangXin Technology to its Tema Memory ETF (DISK), a product focused on the memory chip industry. As of the Aug. 14 close, the position represented 7.54% of the portfolio. The moves show that multiple overseas ETF products are shifting more capital toward Chinese chip makers, particularly companies tied to the memory semiconductor segment.