On June 9, Montage Technology (06809.HK) rose 3.28% in regular trading, trading at 359.2 HKD/share, with trading volume of approximately 97.04 million HKD.

The move comes as the effective date for Montage Technology's inclusion in the FTSE China A50 Index draws near. FTSE Russell previously announced the inclusion, with the change set to take effect after the close on June 18. As the date approaches, expectations for mandatory passive fund allocation continue to build. Index-tracking funds that replicate the FTSE A50 benchmark are required to purchase the stock around the effective date, creating a structural inflow of buying pressure.

On the fundamental side, the company confirmed that this year marks the starting point for CXL scaled deployment, with industry-wide commercialization expected by 2027. Montage Technology launched its CXL 3.1 MXC chip and has been sending samples to major clients, maintaining its technology leadership in the AI memory interconnect space. The company holds a 36.8% share of the global memory interconnect chip market with $4.3 billion in revenue.

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