🔴 China Semiconductor ETF (3191.HK) is trading 3.69% down amid declines in major China semiconductor holdings

3191.HK is trading at HK$58.50, down 3.69%, as weakness among major China-listed semiconductor holdings likely weighed on the ETF.

• On November 3, Cambricon fell 11.31%, Montage Technology 8.92%, and CXMT 6.95%.
• Intel’s weak PC-demand outlook and AI-infrastructure spending concerns weighed on chip sentiment; AMD’s upbeat AI-driven revenue forecast offered a counterpoint.
• The fund’s largest holdings include Semiconductor Manufacturing International, Cambricon, CXMT, and NAURA.