On August 5, MONTAGE TECH rose 3.27% in regular trading, trading at 272.2 HKD/share, with turnover of HKD 127 million. The gain was supported by continued semiconductor sector strength and the company's steady execution of its A-share buyback program.

On the sector front, semiconductor stocks extended their rally, with HUA HONG GRACE up 4.66%, GIGADEVICE up 5.48%, and SMIC up 3.37%, reflecting sustained positive industry sentiment. The company's A-share buyback plan continues to progress, with 205,000 shares repurchased on August 3 at a cost of approximately RMB 39.21 million. As of end-July, the company had cumulatively repurchased 705,000 shares for a total of RMB 143.63 million, signaling management's commitment to maintaining shareholder value.

Additionally, the company previously announced it was the first in the industry to begin trial production of a CXL 3.2 memory expansion controller chip, a technological breakthrough that continues to provide mid-term support for the stock price following a technical pullback last week.

(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.)