On July 13, Montage Technology fell 3.03% at open, trading at HK$339.8/share, with turnover of HK$5.47 million. The decline follows last Friday's broad-based semiconductor sector rout that carried over into the new week after weekend sentiment failed to recover.

On the previous trading day (July 10), Montage Technology H-shares plunged 8.70%, with multiple sector peers dropping over 10% as concentrated large-block sell orders signaled intense institutional liquidation pressure. The stock had opened higher that day on positive catalysts including a 1.662 million share buyback-and-cancellation worth RMB 220 million and UBS Group's accumulation of 181,800 H-shares, but reversed sharply in the afternoon session amid sector-wide capitulation.

Within the Semiconductor sector, pronounced divergence is evident at open: GigaDevice down 11.92%, SMIC up 0.5%, and Iluvatar CoreX up 3.69%, suggesting storage-exposed names bear the brunt of profit-taking pressure following outsized prior gains.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)