3191.HK is trading at HK$68.14, down -3.07%, as concerns over CXMT’s denser DRAM progress and server-memory plans stoked competition and pricing-pressure worries.
- CXMT is an 8.08% fund holding.
- A broader semiconductor selloff deepened after hotter-than-expected U.S. CPI raised rate concerns and pressured growth stocks; doubts about AI spending added to sector weakness.
- Disclosed holdings and related market coverage support these sector and macro catalysts, rather than a single-company explanation.