On June 24, Montage Technology rose 3.04% in regular trading, trading at 422.0 HKD/share, with turnover of HKD 205 million.

On the news front, the stock is experiencing a technical rebound following the prior trading day's nearly 10% plunge in Hong Kong and 7.87% decline on the A-share market, which was triggered by profit-taking after the FTSE China A50 Index inclusion catalyst was fully priced in. The sharp correction has released near-term selling pressure, creating conditions for a bounce.

The broader semiconductor sector is trading higher, with HUA HONG GRACE up 5.05%, GIGADEVICE up 3.36%, and SMIC up 3.21%, demonstrating clear sector-wide linkage. On the fundamental side, the company is actively advancing PCIe 7.0 Retimer and PCIe Switch chip development, while CXL product penetration in data centers is expected to accelerate. Additionally, the company recently delivered DDR5 sixth-generation RCD chip samples supporting 9200MT/s data transfer rates, reinforcing its core memory interface business amid continued storage industry upcycle.

(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.)