3191.HK is trading at HK$74.80, down 3.01%, amid broad weakness in Hong Kong semiconductor shares.

  • Declines on October 7 included Montage Technology, GigaDevice, and SMIC.
  • Higher oil prices and elevated U.S. Treasury yields revived inflation and interest-rate worries, weighing on Hong Kong technology stocks and risk appetite.
  • The fund is concentrated in China semiconductor stocks; its largest holdings include Cambricon, NAURA, CXMT, and Semiconductor Manufacturing International.