Track South Korean ETFs collectively rising, as of the time of writing, South Korea Tech (03431) rose 4.08% to 11.73 Hong Kong dollars; TR Korea (02848) rose 2.87% to 2022 Hong Kong dollars; Samsung Global Semiconductor (03132) rose 2.72% to 67.86 Hong Kong dollars. On the news front, according to market media reports on May 28, the South Korean government-operated pension fund has decided to increase its domestic stock holding target amid strong performance of the local stock market driven by the global artificial intelligence boom. The South Korean Ministry of Welfare said on Thursday that the National Pension Service (NPS), as the world's third-largest pension fund, has set its domestic stock holding target ratio at 20.8% by the end of 2026, higher than the previous 14.9%. This decision was announced after a review of the investment portfolio. It was reported that as the local stock market in South Korea soared, the fund's holdings of local stocks have exceeded the target level. South Korean authorities hope to alleviate the downward pressure on the South Korean won caused by overseas investments of the fund, therefore raising the target set for May 2025 to 14.4% to the end of 2026 in January of this year. Barclays analysts said that given the prosperous semiconductor exports in South Korea and the expectation that it will continue for the next two to three years, NPS may lean towards retaining such upward risk exposure.