3191.HK is trading at HK$94.56 (+5.80%) as Chinese chip stocks rebound.

  • The CSI Semiconductor Index gained 4.9%, while mainland chipmakers rallied on renewed domestic technology optimism and strong momentum in memory-chip leader CXMT, up 12%.
  • CXMT helped lift the broader semiconductor sector 5.22%; Hong Kong chip stocks, including SMIC and Hua Hong Semiconductor, also gained sharply.
  • The move appears sector-driven rather than ETF-specific, reflecting renewed confidence in China’s domestic chip supply chain, AI investment, and policy support.