3119.HK is trading at HK$164.45 (-3.94%) as Asian semiconductor stocks experience a sector-wide pullback following a significant 14.8% rebound on July 31.

  • The decline is driven by weakness across the regional chip complex, which directly pressures the fund's largest holdings, including SK Hynix, Samsung Electronics, and TSMC.
  • While the broader market tone remains constructive, semiconductor volatility persists as investors reassess the durability of the AI-driven rally amid macro caution regarding growth and interest rates.