On August 17, MONTAGE TECH rose 3.03% in regular trading, trading at HK$288.8/share, with turnover of HK$108 million.

On the news front, the storage chip sector continued to strengthen broadly. SK Hynix announced the restart of construction at its No. 2 factory at the Dalian NAND flash production base in China, planning to expand capacity by approximately 50%. The facility, which broke ground four years ago but stalled due to industry downturn, aims to install semiconductor production equipment by year-end and begin formal production in the first half of next year. JPMorgan Chase research indicated the current storage upcycle may last through late 2028, with global DRAM bit demand growing 25%-31% annually over the next three years while supply growth lags behind.

Additionally, JPMorgan increased its holdings in MONTAGE TECH by approximately 73,500 H-shares on August 10 at around HK$259.71 per share, totaling approximately HK$19.08 million. The broader semiconductor sector also rallied, with GIGADEVICE up 4.4%, SMIC up 3.6%, and HUA HONG GRACE up 2.3%.

(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.)