diff --git a/crates/rspack_core/src/compilation/create_chunk_assets/mod.rs b/crates/rspack_core/src/compilation/create_chunk_assets/mod.rs
index ee58998ec05f..ca1854d798d5 100644
--- a/crates/rspack_core/src/compilation/create_chunk_assets/mod.rs
+++ b/crates/rspack_core/src/compilation/create_chunk_assets/mod.rs
@@ -1,8 +1,12 @@
 use async_trait::async_trait;
-use rustc_hash::FxHashSet;
+use rustc_hash::{FxHashMap, FxHashSet};
 
 use super::*;
-use crate::{cache::Cache, compilation::pass::PassExt, logger::Logger};
+use crate::{
+  cache::Cache,
+  compilation::{CompilationChunkAssetHook, pass::PassExt},
+  logger::Logger,
+};
 
 pub struct CreateChunkAssetsPass;
 
@@ -84,13 +88,16 @@ pub async fn create_chunk_assets(
         .chunk_by_ukey
         .contains(chunk)
     });
-    let chunks: FxHashSet<ChunkUkey> = mutations
-      .iter()
-      .filter_map(|mutation| match mutation {
-        Mutation::ChunkSetHashes { chunk } => Some(*chunk),
-        _ => None,
-      })
-      .collect();
+    let mut chunks = Vec::new();
+    let mut seen_chunks = FxHashSet::default();
+    for chunk in mutations.iter().filter_map(|mutation| match mutation {
+      Mutation::ChunkSetHashes { chunk } => Some(*chunk),
+      _ => None,
+    }) {
+      if seen_chunks.insert(chunk) {
+        chunks.push(chunk);
+      }
+    }
     tracing::debug!(target: incremental::TRACING_TARGET, passes = %IncrementalPasses::CHUNK_ASSET, %mutations);
     let logger = compilation.get_logger("rspack.incremental.chunkAsset");
     logger.log(format!(
@@ -105,7 +112,7 @@ pub async fn create_chunk_assets(
       .chunk_by_ukey
       .keys()
       .copied()
-      .collect()
+      .collect::<Vec<_>>()
   };
   let compilation_ref = &*compilation;
   let results = rspack_parallel::scope::<_, Result<_>>(|token| {
@@ -114,7 +121,7 @@ pub async fn create_chunk_assets(
       let s = unsafe { token.used((compilation_ref, &plugin_driver, chunk)) };
 
       s.spawn(|(this, plugin_driver, chunk)| async {
-        let mut manifests = Vec::new();
+        let mut manifests = Vec::with_capacity(2);
         let mut diagnostics = Vec::new();
         plugin_driver
           .compilation_hooks
@@ -134,24 +141,93 @@ pub async fn create_chunk_assets(
   })
   .await;
 
-  let mut chunk_render_results = ChunkRenderArtifact::default();
+  let mut chunk_render_results = Vec::with_capacity(results.len());
   for result in results {
     let item = result.to_rspack_result()?;
     let (key, value) = item?;
-    chunk_render_results.insert(key, value);
+    chunk_render_results.push((key, value));
   }
-  let chunk_ukey_and_manifest = if compilation
+
+  let has_chunk_asset_hook =
+    has_chunk_asset_taps(&plugin_driver.compilation_hooks.chunk_asset).await;
+
+  if compilation
     .incremental
     .passes_enabled(IncrementalPasses::CHUNK_ASSET)
   {
+    let mut chunk_render_artifact =
+      FxHashMap::with_capacity_and_hasher(chunk_render_results.len(), Default::default());
+    chunk_render_artifact.extend(chunk_render_results);
     compilation
       .chunk_render_artifact
-      .extend(chunk_render_results);
-    compilation.chunk_render_artifact.clone()
-  } else {
-    chunk_render_results
-  };
+      .extend(ChunkRenderArtifact::from(chunk_render_artifact));
+    let chunk_render_artifact = compilation.chunk_render_artifact.clone();
+    if !has_chunk_asset_hook {
+      emit_chunk_assets_without_hook(compilation, chunk_render_artifact);
+    } else {
+      emit_chunk_assets_with_hook(compilation, chunk_render_artifact, plugin_driver).await;
+    }
+    return Ok(());
+  }
+
+  if !has_chunk_asset_hook {
+    emit_chunk_assets_without_hook(compilation, chunk_render_results);
+    return Ok(());
+  }
+
+  emit_chunk_assets_with_hook(compilation, chunk_render_results, plugin_driver).await;
+
+  Ok(())
+}
+
+fn emit_chunk_assets_without_hook(
+  compilation: &mut Compilation,
+  chunk_ukey_and_manifest: impl IntoIterator<Item = (ChunkUkey, ChunkRenderResult)>,
+) {
+  for (
+    chunk_ukey,
+    ChunkRenderResult {
+      manifests,
+      diagnostics,
+    },
+  ) in chunk_ukey_and_manifest
+  {
+    if !diagnostics.is_empty() {
+      compilation.extend_diagnostics(diagnostics);
+    }
+
+    if manifests.is_empty() {
+      continue;
+    }
+
+    let current_chunk = compilation
+      .build_chunk_graph_artifact
+      .chunk_by_ukey
+      .expect_get_mut(&chunk_ukey);
+
+    current_chunk.set_rendered(true);
+    for file_manifest in &manifests {
+      if file_manifest.auxiliary {
+        current_chunk.add_auxiliary_file(file_manifest.filename.clone());
+      } else {
+        current_chunk.add_file(file_manifest.filename.clone());
+      }
+    }
+
+    for file_manifest in manifests {
+      compilation.emit_asset(
+        file_manifest.filename,
+        CompilationAsset::new(Some(file_manifest.source), file_manifest.info),
+      );
+    }
+  }
+}
 
+async fn emit_chunk_assets_with_hook(
+  compilation: &mut Compilation,
+  chunk_ukey_and_manifest: impl IntoIterator<Item = (ChunkUkey, ChunkRenderResult)>,
+  plugin_driver: SharedPluginDriver,
+) {
   for (
     chunk_ukey,
     ChunkRenderResult {
@@ -160,7 +236,13 @@ pub async fn create_chunk_assets(
     },
   ) in chunk_ukey_and_manifest
   {
-    compilation.extend_diagnostics(diagnostics);
+    if !diagnostics.is_empty() {
+      compilation.extend_diagnostics(diagnostics);
+    }
+
+    if manifests.is_empty() {
+      continue;
+    }
 
     for file_manifest in manifests {
       let filename = file_manifest.filename;
@@ -184,8 +266,6 @@ pub async fn create_chunk_assets(
       _ = chunk_asset(compilation, chunk_ukey, &filename, plugin_driver.clone()).await;
     }
   }
-
-  Ok(())
 }
 
 async fn chunk_asset(
@@ -201,3 +281,20 @@ async fn chunk_asset(
     .await?;
   Ok(())
 }
+
+async fn has_chunk_asset_taps(hook: &CompilationChunkAssetHook) -> bool {
+  if !hook.taps.is_empty() {
+    return true;
+  }
+
+  for interceptor in hook.interceptors.iter() {
+    let Ok(taps) = interceptor.call(hook).await else {
+      return true;
+    };
+    if !taps.is_empty() {
+      return true;
+    }
+  }
+
+  false
+}