Tracking the rise of South Korean ETFs in the closing session, as of the time of writing, Asia Semiconductor (03319) rose by 2.75% to 164.3 Hong Kong dollars; South China Korean Technology (03431) rose by 2.72%, to 10.56 Hong Kong dollars; GlobalXTR Korea (02848) rose by 2.35%, to 1853.5 Hong Kong dollars; Samsung Global Semiconductor (03132) rose by 2.02%, to 60.5 Hong Kong dollars. On the news front, according to market media reports, driven by the continuously hot demand for artificial intelligence chips, the market value of the South Korean stock market has surpassed that of Canada, rising to become the seventh largest stock market in the world. The report pointed out that the two chip giants Samsung and SK Hynix account for 45% of the weight of the South Korean stock index, taking advantage of the semiconductor demand boom, the market value of the South Korean stock market surpassed major European stock markets such as the UK and France in one fell swoop. As a result, the South Korean composite stock price index has risen by over 70% so far this year, while the S&P/TSX index of Canada, which is mainly composed of resource and financial stocks, has only risen by 7%. According to the latest research report from Citigroup, the bank has raised its target for the South Korean Kospi index from 7000 points to 8500 points, reflecting the profit growth potential of the semiconductor industry, fiscal stimulus, and government initiatives to enhance corporate value. Citigroup stated that driven by the strong growth in the semiconductor industry, GDP growth and the improvement of the basic fundamentals of the South Korean manufacturing sector, net profit for the fiscal year 2026 is expected to increase by 177% year-on-year. Citigroup also stated that South Korean memory chip suppliers will benefit from the trend of customization and the extension of the cycle through long-term chip agreements.