China-Korea Semiconductor ETF 513310 Tops 20B Yuan in Turnover

The story here is liquidity concentrating around a single cross-border vehicle rather than broad participation, with turnover more than doubling as the ETF's Korean memory names drove the move. That matters because 513310 has become the onshore market's most direct expression of exposure to Korean chipmakers, so its flows now amplify sentiment in both directions. Whether this volume reflects durable repositioning in the memory complex or a one-session spike tied to the underlying Korean gains is the open question worth watching.