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KB Asset Management, in collaboration with Solactive, has launched the RISE China AI Semiconductor Top 4 Plus ETF, which tracks the Solactive China AI Semiconductor Top 4 Plus Index. The ETF targets Chinese firms engaged in the AI semiconductor sector, reflecting China's strategy to bolster domestic AI capabilities.

The index comprises 15 companies chosen based on specific liquidity and size criteria, categorized into Semiconductor Foundry, AI Chip, Optical Communication Module, and Materials & Equipment. The largest firm in each category is weighted at 15%, while others are weighted based on market capitalization with a 10% cap. The index is rebalanced quarterly and includes a monthly IPO review.