--- title: "3160.HK Flash News: Kioxia surpasses Toyota to become Japan's most valuable company" type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/41862344.md" description: "On June 12, according to a report by the Nihon Keizai Shimbun, Kioxia Holdings' stock price surged 8% on the Tokyo Stock Exchange on Wednesday (June 10), with its market capitalization exceeding 44 trillion yen, officially surpassing Toyota Motor. This marks a significant shift in the weighting structure of Japan's capital market — technology and semiconductors are poised to replace traditional manufacturing as the new anchor for market valuations..." datetime: "2026-06-15T03:03:36.000Z" locales: - [en](https://longbridge.com/en/topics/41862344.md) - [zh-CN](https://longbridge.com/zh-CN/topics/41862344.md) - [zh-HK](https://longbridge.com/zh-HK/topics/41862344.md) author: "[華夏基金香港](https://longbridge.com/en/profiles/26497709.md)" --- # 3160.HK Flash News: Kioxia surpasses Toyota to become Japan's most valuable company On June 12, according to a report by the Nikkei, Kioxia Holdings' stock price surged 8% on the Tokyo Stock Exchange on Wednesday (June 10), with its market capitalization exceeding 44 trillion yen, officially surpassing Toyota Motor. This marks a significant shift in the weight structure of Japan's capital market — technology and semiconductors are poised to replace traditional manufacturing as the new anchor for market valuations. **ChinaAMC MSCI Japan Equity ETF (3160 HK)**$CAM JAPAN HDG(03160.HK) **: Asia's first USD-hedged Japan equity ETF, designed to reduce the impact of currency fluctuations and track Japanese stock performance【1】** ChinaAMC MSCI Japan Equity ETF (3160 HK) is Asia's first USD-denominated, USD-hedged Japan equity ETF. The fund aims to hedge JPY/USD exchange rate risk by selling JPY forward contracts, seeking to mitigate the impact of currency fluctuations on fund returns. This helps investors pursue potential gains from the Japanese equity market while striving to reduce uncertainty from currency factors. Image Source: ChinaAMC (Hong Kong), June 11, 2026. All percentages in the table are in %. [$Alibaba(BABA.US)](https://longbridge.com/en/quote/BABA.US?invite-code=HW6ACJ)[$TENCENT(00700.HK)](https://longbridge.com/en/quote/00700.HK?invite-code=HW6ACJ)[$NASDAQ Composite Index(.IXIC.US)](https://longbridge.com/en/quote/.IXIC.US?invite-code=HW6ACJ)[$Murata Manufacturing Co., Ltd.(6981.JP)](https://longbridge.com/en/quote/6981.JP?invite-code=HW6ACJ)[$Renesas Electronics Corporation(6723.JP)](https://longbridge.com/en/quote/6723.JP?invite-code=HW6ACJ)[$SoftBank Group Corp.(9984.JP)](https://longbridge.com/en/quote/9984.JP?invite-code=HW6ACJ)[$Tokyo Electron Ltd.(8035.JP)](https://longbridge.com/en/quote/8035.JP?invite-code=HW6ACJ)[$Fujitsu Limited(6702.JP)](https://longbridge.com/en/quote/6702.JP?invite-code=HW6ACJ)[$Keyence Corporation(6861.JP)](https://longbridge.com/en/quote/6861.JP?invite-code=HW6ACJ) Sources: 1\. Wall Street News, June 12, 2026, [https://wallstreetcn.com/livenews/3118630](https://wallstreetcn.com/livenews/3118630) **Important Information Regarding the ChinaAMC MSCI Japan Equity (USD Hedged) ETF** Investment involves risks, including the possible loss of principal. Past performance is not indicative of future results. Before investing in the ChinaAMC MSCI Japan Equity (USD Hedged) ETF (the "Fund"), investors should read the Fund's prospectus, including the risk factors. You should not rely solely on this material for investment decisions. Please note: • The Fund aims to provide investment results that, before fees and expenses, closely correspond to the performance of the MSCI Japan Equity Index (100% USD Hedged). • The Fund primarily invests in Japanese equities, and due to its focus on a single country (Japan), it carries concentrated investment risk. Concentrated investments are subject to greater volatility than diversified investments, and the Fund is more susceptible to adverse developments in Japan, leading to value fluctuations. • The Fund invests in currency forward contracts for hedging purposes. While this method aims to minimize the impact of currency volatility on the Fund's returns, the Fund still bears risks related to hedging costs, derivatives, and over-the-counter transactions. • The Fund's trading price may trade at a significant premium or discount to its net asset value per unit. • The Fund is subject to tracking error risk. • The Fund is exposed to risks associated with financial derivatives, including counterparty/credit risk, liquidity risk, valuation risk, volatility risk, and over-the-counter transaction risk. • The Fund is subject to foreign exchange risk. • Listed and unlisted classes follow different pricing and trading arrangements. The net asset value per unit may differ between classes due to different fees and costs. • Units of the listed class are traded on the secondary market at prevailing market prices, while units of the unlisted class are sold through intermediaries based on the end-of-day net asset value. Investors in the unlisted class may redeem their units at net asset value, whereas investors in the listed class on the secondary market can only sell at prevailing market prices and may have to exit the Fund at a significant discount. Investors in the unlisted class may be at an advantage or disadvantage compared to investors in the listed class. • The Fund may, at its discretion, pay dividends from or effectively from the capital of the Fund. Distributions paid from or effectively from capital amount to a return or withdrawal of part of an investor's original investment or any capital gains attributable to that original investment. Any such distribution may result in an immediate reduction of the Fund's net asset value per unit. 【1】Source: ChinaAMC (Hong Kong), Bloomberg, as of June 12, 2026. Investment involves risks, including the possible loss of principal. Any forecasts, outlooks, or opinions expressed herein are for reference only and are not guaranteed. The information contained in this document reflects market conditions and our views as of the date of publication and is subject to change without notice. The issuer of this material is ChinaAMC (Hong Kong) Limited. This material has not been reviewed by the Securities and Futures Commission of Hong Kong. For full details and risks of the mentioned fund, please refer to our official website and fund offering documents. ### Related Stocks - [03160.HK](https://longbridge.com/en/quote/03160.HK.md) - [9984.JP](https://longbridge.com/en/quote/9984.JP.md) - [6861.JP](https://longbridge.com/en/quote/6861.JP.md) - [6702.JP](https://longbridge.com/en/quote/6702.JP.md) - [7203.JP](https://longbridge.com/en/quote/7203.JP.md)