On August 12, MONTAGE TECH rose 3.04% in regular trading, trading at 270.2 HKD/share, with turnover of approximately 72.35 million HKD. The stock continues its upward momentum following the previous session's 4.04% rebound.

On the news front, the stock had come under heavy short-selling pressure earlier, with its short-sell ratio reaching 20.64% — the highest among Hong Kong-listed stocks — while JPMorgan raised its short position on the H shares to 4.05%. After concentrated short-selling was released, the stock entered a rebound phase. Meanwhile, the company's A-share buyback plan continues to progress steadily. As of late July, the company had repurchased approximately 705,000 A shares with a cumulative outlay of around 143.63 million RMB, and on August 3 repurchased an additional 205,000 shares for approximately 39.21 million RMB, signaling sustained commitment to supporting shareholder value.

(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.)