🔴 Asia Semiconductor ETF (3119.HK) is trading 3.23% down on November 2 on AI investment return doubts

3119.HK is trading at HK$154.10 (-3.23%) as Asian semiconductor shares faced pressure amid questions over whether heavy AI investment will produce adequate returns. - South Korea’s KOSPI fell 3.48% on October 30; Samsung Electronics and SK Hynix fell 3.02% and 7.08%, respectively. - Taiwan Semiconductor, Samsung, and SK Hynix represented about 45% of the ETF’s assets as of October 29. - TSMC’s U.S.-listed shares fell 5.95% ahead of Taiwan’s November 2 session, adding regional chip-sector pressure.