Movement Alert|Montage Technology Rises 3.91% in Regular Trading, Share Buyback Cancellation Boosts Sentiment Amid Semiconductor Rebound

Market Focus
07/10

On July 10, Montage Technology rose 3.91% in regular trading, trading at 393.0 HKD/share, with turnover of HKD 228 million.

On the news front, the company completed its second share buyback scheme on July 8, repurchasing 1.662 million shares at a total cost of approximately RMB 220 million, with all shares subsequently cancelled. The cancellation reduced total share capital from 1,146,426,521 shares to 1,144,764,521 shares, enhancing per-share equity. Additionally, UBS Group recently increased its position by 181,800 H shares at HKD 461.89 per share, signaling institutional confidence in the company's long-term value.

Within the Semiconductor sector, the broader rebound continues. Among individual stocks, INNOSCIENCE up 3.73%, HUA HONG GRACE up 2.97%, SMIC up 2.69%, GIGADEVICE up 2.34%, while ILUVATAR COREX down 7.0%.

(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.)

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

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