Samsung Global Semiconductor (03132.HK) Down 2.98% Intraday as the SOX Falls 11.6% in Three Sessions

NewTimeSpace News: As of 10:41 on November 3, Samsung Global Semiconductor (03132.HK) fell 2.98% to a latest price of HK$57.280. The ETF has so far traded 23,625 units today, with turnover of HK$1.3545 million and an average price of HK$57.335; its turnover rate is 0.675%. It has fallen 3.86% week to date. The net asset value per unit is HK$58.2236, and assets under management stand at HK$204 million (about US$25.98 million). (Note: NAV and AUM are as of October 30; the week-to-date change is based on the October 30 close of HK$59.580.)

Global semiconductor shares extended their slide on November 3. The Philadelphia Semiconductor Index has fallen 11.6% over the past three sessions; overnight, Intel lost 8.8%, AMD 7.5%, Micron 5.8% and Western Digital 7.5%, with memory names dragged down by Kioxia's cautious guidance. South Korea's KOSPI opened down 2.46%, with SK Hynix and Samsung Electronics each falling more than 4%.

Samsung Global Semiconductor (03132.HK) tracks the Bloomberg Global Semiconductor Index. The index reflects the performance of semiconductor companies listed on major exchanges worldwide, with constituents spanning integrated circuit design, wafer fabrication, packaging and testing, and semiconductor equipment and materials, and is dominated by industry leaders in the United States, South Korea, Taiwan, China, Japan and Europe. The product is managed by Samsung Asset Management (Hong Kong) Limited, listed on the Hong Kong Stock Exchange on November 9, 2021, with a management fee of 0.85% per year.

Guohai Securities believes that in the niche memory segment — NOR Flash, niche DRAM and 2D NAND, which serve consumer electronics, AIoT and automotive markets — cyclical swings are comparatively mild and demand from automotive and edge AI is supportive, while overseas incumbent suppliers are exiting faster and irreversibly. The industry has entered an AI-driven structural upcycle in which high-end HBM and server memory remain tight while mainstream consumer-grade memory loses elasticity, and the market is shifting from pure price-hike expectations to verification of earnings delivery.