Cheung Siu-chung Says Semiconductor ETF Bet Paid Off and Can Add More as Hang Seng Index Falls 251 Points
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On 16 October 2026, Ming Pao published commentary by Cheung Siu-chung in which he said his semiconductor ETF had "paid off" and that investors could add to their positions as prices rise. On the related market front, the Hang Seng Index fell 251 points that day to close at 24,062 points, with turnover of $224.1 billion. The report said US Consumer Price Index (CPI) came in higher than expected, and a surge in CoreWeave bond yields and credit default swaps (CDS) sent semiconductor stocks plunging; the Nasdaq index fell 2 per cent on Wednesday night, while the South Korean stock market slumped 7.5 per cent. The latest situation on this matter is as above, with no further developments so far.
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- 明報·每日經濟Cheung Siu-chung: Semiconductor ETF Bet Pays Off, Can Add More as Price Rises
Cheung Siu-chung said the semiconductor ETF bet has paid off and more can be added as the price rises. The Hang Seng Index fell 251 points yesterday to close at 24,062 points, with turnover of $224.1 billion. US CPI came in above expectations, while a surge in CoreWeave's bond yields and CDS caused semiconductor stocks to plunge sharply; the Nasdaq fell 2 per cent on Wednesday night and South Korean stocks slumped 7.5 per cent.
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Current activity3·Peak across comparable sources10（16 Oct, 06:00）·Change across comparable sources in 24 hours -51%
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