On August 14, MONTAGE TECH rose 3.35% in regular trading, trading at 293.2 HKD/share, with turnover of 90.22 million HKD. The stock extended gains alongside a broader storage sector rally driven by multiple catalysts.

On the news front, SK Hynix announced the restart of construction at its No. 2 NAND flash production facility in Dalian, China, aiming to expand capacity by approximately 50%. The factory, which had been stalled for four years due to memory industry weakness, is now planned to receive semiconductor equipment by year-end and commence production in the first half of next year. Overnight, US-listed storage chip stocks performed strongly, with SK Hynix ADR rising over 4%, lifting Hong Kong-listed peers including MONTAGE TECH and GigaDevice.

Additionally, the company continues to execute its A-share buyback program. As of late July, it had repurchased 705,000 shares totaling approximately 144 million yuan, with a further 205,000 shares repurchased on August 3 for roughly 39.21 million yuan, signaling ongoing commitment to shareholder value protection.

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