🔴 Asia Semiconductor ETF (3119.HK) is trading 4.63% down on October 13 as CXMT advances denser DRAM

3119.HK is trading at HK$168.80 (-4.63%) as CXMT’s progress on denser DRAM technology raised competition concerns for Samsung and SK Hynix, two major ETF holdings.

• Samsung and SK Hynix fell 4.4% and 4.5%, respectively, amid broader semiconductor weakness.
• The pressure was sector-led rather than a broad Hong Kong market decline: the Hang Seng rose while the KOSPI fell sharply.