On July 21, Montage Technology rose 3.33% in regular trading, trading at 266.8 HKD/share with turnover of 76.02 million HKD, extending the previous session's strong rebound momentum.

On the news front, multiple foreign investment banks have rallied behind the stock following concerns over a Korean antitrust investigation. CLSA maintained its \"high conviction outperform\" rating with a target price of 454.2 HKD, stating that the substantive risk from Korea's antitrust probe remains low. Goldman Sachs, JP Morgan, and UBS unanimously viewed the Korean investigation as a short-term sentiment disturbance and did not lower their target prices. Citi set its target price at 305 HKD, maintaining a \"buy\" rating.

The company previously disclosed strong H1 results, with attributable net profit expected to grow 63.9% to 81.2% year-over-year to 1.9-2.1 billion yuan, driven by higher revenue scale, margin expansion, and DDR5 RCD chip shipment growth. Additionally, Chairman Yang Chonghe proposed a 300-600 million yuan A-share buyback to bolster market confidence.

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