CLSA has issued a research report, stating that Montage Technology (HKG: 06809) has indicated it consistently maintains compliance and operates normally.

The firm believes that, given MIC pricing adheres to a structured and technology-driven framework, the likelihood of substantial pricing issues is low.

The recent pullback in Montage Technology's share price is seen as presenting an additional accumulation opportunity while valuations are attractive.

CLSA currently assigns an H-share price target of HK$454.2 to Montage Technology, maintaining its "high conviction outperform" rating.