On August 11, MONTAGE TECH rose 4.04% in regular trading, trading at 266.8 HKD/share, with turnover of 4.68 billion HKD.

On the news front, the stock is rebounding after the previous trading day's 3.12% decline, which was driven by broad semiconductor sector weakness and a short-selling ratio of 20.64% — the highest among all Hong Kong-listed stocks. JPMorgan had also raised its short position on the H-shares from 3.55% to 4.05%. Following the concentrated release of short-selling pressure, the stock is seeing technical recovery.

Simultaneously, the company's A-share buyback program continues to advance. As of the end of July, the company had cumulatively repurchased 705,000 shares at a total cost of approximately 143.63 million RMB. On August 3, the company further repurchased 205,000 shares for approximately 39.21 million RMB, continuing to signal its commitment to maintaining market value and protecting shareholder interests.

(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.)