3119.HK is trading 14.8% up today as the Global X Asia Semiconductor ETF stages a sharp recovery following a recent selloff in the AI chip sector.

  • The rally is driven by improving risk sentiment and a broader rebound among major Asian semiconductor holdings, including TSMC, SK Hynix, Samsung Electronics, and Tokyo Electron.
  • The sector had previously faced downward pressure as investors questioned the durability and profitability of the ongoing AI chip boom, which had dragged the ETF lower in prior sessions.