Solactive is pleased to announce its collaboration with Mirae Asset Global Investments and the Korea Economic Daily Index (KEDI) for the launch of MIRAE ASSET TIGER CHINA GLOBAL LEADERS TOP3 PLUS ETF, which tracks the jointly developed Solactive-KEDI China Global Leaders TOP3Plus Index. The index captures the performance of China’s most internationally active companies, offering investors focused exposure to leading Chinese firms with significant overseas revenues.
Top Chinese companies in the automotive, technology, and biotech sectors are rapidly expanding their international revenue streams. In April 2025, exports in high-value sectors such as mechanical and electrical products rose by 9.5% year-on-year, accounting for 60.1% of China’s total exports[1][2]. With China’s GDP growth expected to remain around 5% in the near term[3], diversification into new markets, especially within ASEAN and the EU, helps mitigate tariff pressures and sustain export momentum. Consequently, these companies are projected to maintain strong revenue streams and reinforce China’s presence as a key player in global trade with high industrial competitiveness.
The Solactive-KEDI China Global Leaders TOP3Plus Index, developed in partnership with the Korea Economic Daily Index (KEDI), selects the top 10 largest companies that are headquartered in China, Hong Kong or the Caymen Islands and listed either in Hong Kong and/or via Shanghai and Shenzhen Stock Connect programs. To ensure global relevance, selected companies must generate at least 20% of their revenues outside of China and meet minimum liquidity and size thresholds. The top three companies by market capitalization each receive a 20% fixed weight, while the remaining constituents are equally weighted, offering balanced exposure to sector leaders and emerging players.
The ETF listed on 17th June on the Korean Stock Exchange with the ticker code “0067V0.KS”.
Timo Pfeiffer, Chief Markets Officer at Solactive, commented: “We are pleased to collaborate with Mirae Asset Global Investments in launching this globally focused ETF in partnership with the Korea Economic Daily Index. The Solactive-KEDI China Global Leaders TOP3Plus Index identifies Chinese companies that play a vital role on the world stage, which providing investors with differentiated access to internationalized Chinese equities.”
Youngkyun Jung, Global ETF Strategy Team Manager at Mirae Asset Global Investments commented: “The index invests in Chinese global leader companies with global competitiveness. It is designed to include China’s export-oriented industries that are advancing through high-tech sectors such as AI, IT, and electric vehicles, enabling investment in companies that are growing in the global market. Through this ETF, we aim to provide investors a targeted solution to benefit from the growth potential of China’s leading innovative companies.”
Seongho Shin, Head of Index & Data Team at KEDI commented: “The rapid progress of leading Chinese companies in key technologies such as artificial intelligence and autonomous driving is truly remarkable. In this context, the index we developed in collaboration with Solactive is expected to offer investors an optimal investment vehicle that captures this dynamic growth.”
[1] National Economy Withstood Pressure and Maintained Stable Growth in April, National Bureau of Statistics of China.
[2] China’s Economy in April 2025: Resilient Exports and Investment Defy US Tariffs, May 21, 2025, China Briefing.
[3] Goldman Lifts China GDP Forecasts, May 2025, The Wallstreet Journal.
