China Memory Giant CXMT Becomes a Top Holding in Tema Memory ETF (DISK)

China Memory Giant CXMT Becomes a Top Holding in Tema Memory ETF (DISK)

DISK offers highest exposure to CXMT of any U.S.-listed ETF.

Tema ETFs (“Tema”), a leader in institutional-quality and actively managed exchange-traded funds, today announced that ChangXin Memory Technologies (CXMT) has been added to the Tema Memory ETF (DISK) as a top holding with 10.56% portfolio weight. Added on the morning of CXMT’s IPO, the position gives DISK the highest exposure to CXMT of any U.S.-listed ETF.1

CXMT is the leading Chinese memory manufacturer and the only prominent Chinese DRAM competitor to SK hynix, Samsung Electronics, and Micron Technology. The company’s IPO is the second largest in China’s history.2

DISK’s investment in CXMT is noteworthy because most foreign investors will not be able to gain exposure until CXMT is added to the Shanghai-Hong Kong Stock Connect.