I have similar issues with a different brand of 15-in-1 USB hub (Woohubs B07XCBVQRT) on an M1 MacBook Air
Working:
Charging PD at full wattage
HDMI to 1440p monitor (+ sometimes it causes kernel panics and restarts but that was even with Big Sur)
USB flash drives, External Hard Drives
What doesn't work that used to work on Big Sur:
Peripherals in general (usb Mouse, Keyboard, Wacom tablet, webcam)
DAC/AMP combo through USB
Ethernet (Realtek chipset but the driver doesn't seem to work)
I have not tested either Microsd or SD.
(edit: added webcam to list of not working)
Topic:
App & System Services
SubTopic:
Core OS
Tags: