3119.HK is trading 3.1% down today as part of a broader semiconductor selloff triggered by investor doubts over the profitability and durability of the AI-driven chip boom.
- Heavy exposure to Asian chip leaders like TSMC, SK Hynix, Samsung, and Tokyo Electron is magnifying the impact of disappointing SK Hynix earnings.
- Growing concerns over rising competition in the Chinese market are further weighing on the ETF's performance.