3119.HK is trading up approximately 5% today as Asian semiconductor shares rebound from last week’s sharp selloff.
- Bargain hunting and analyst upgrades across major Asian chipmakers are restoring confidence after volatility driven by capex concerns and profit-taking in AI-related names.
- The move aligns with a strong sector-wide rally in global semiconductor indices, helped by optimism around upcoming earnings from large U.S. chip and tech companies.