On March 26, the E Fund (Hong Kong) Solactive Asia Semiconductor Select Index ETF (03486) officially listed on the Hong Kong Stock Exchange. The ETF tracks the Solactive Asia Semiconductor Select Index, providing investors with an efficient tool to invest in the entire semiconductor industry chain in Asia and seize the core asset investment opportunities in the AI wave. As the global semiconductor supply chain hub, Asia produces over 75% of the world's chips, according to Moody's Investors Service data as of September 2025. The Solactive Asia Semiconductor Select Index consists of 30 selected component stocks listed on the Hong Kong, Japan, and South Korea stock exchanges, as well as leading semiconductor companies listed on US stocks and headquartered in Taiwan, such as SK Hynix, Huahong Semiconductor, TSMC, and SMIC. The index adopts a fixed number of component stocks, with 15 from the Hong Kong market and 15 from non-Hong Kong markets, ensuring regional distribution balance and industry chain representation. As of February 28, 2026, the top ten weighted stocks in the index accounted for 76.64% of the total weight, covering core areas such as AI chip manufacturing, semiconductor equipment, and advanced packaging and testing. The index has delivered outstanding historical returns, with a cumulative return of 426% since its base date on March 20, 2020. In the short term, the returns over the past year and two years were 72% and 185%, respectively. These returns significantly outperformed major similar indexes in Asia, making it an optimal tool for seizing semiconductor investment opportunities in Asia. The index focuses on the unique global semiconductor golden industry chain formed by "Japanese materials and equipment + Korean storage + Taiwanese foundry + Mainland Chinese packaging and manufacturing." The four regions complement each other, forming a complete industrial ecosystem that is difficult to replicate in other regions. With the current semiconductor upcycle, the demand for computing power continues to rise. From 2022 to 2024, market confidence in the development of the AI industry mainly comes from the AI investments of cloud computing companies. Since 2025, with the improvement in AI model performance, downstream application scenarios continue to emerge, creating a positive cycle driven by commercial demands in the AI industry. Large AI models have seen significant growth in daily token usage since 2025, with Google's September token processing volume reaching 13 trillion, reflecting the rapid increase in global demand for AI applications. E Fund Asset Management (Hong Kong) Limited stated that looking back on history, every technological revolution relies on the underlying support of semiconductors. Looking ahead, the vigorous development of the AI industry will continue to drive the increasing demand for semiconductors. With the complementary advantages of the Asian semiconductor industry cluster, the region has formed the most complete semiconductor ecosystem globally, holding strategic positions in AI chip computing, advanced processing, storage, equipment materials, and other key areas. The E Fund (Hong Kong) Solactive Asia Semiconductor Select Index ETF (03486) closely tracks the Solactive Asia Semiconductor Select Index, accurately aggregating regional industry leaders covering key areas such as foundry services, storage, equipment, and testing, providing investors with a convenient tool to invest in the entire Asian semiconductor industry chain and seize core assets in the high-growth industry under the AI wave.