On July 14, Montage Technology (06809.HK) rose 3.43% in regular trading, trading at 336.4 HKD/share, with turnover of approximately 54.95 million HKD.

On the news front, the stock is staging an oversold rebound after suffering consecutive sharp declines — an 8.70% single-day plunge on July 10 followed by a further drop exceeding 5% on July 13, resulting in substantial cumulative short-term losses. Within the storage chip segment, peer GigaDevice rose 4.37%, indicating prior concentrated selling pressure is easing.

Additionally, the company recently completed the cancellation of 1.662 million repurchased shares, reducing total share capital and enhancing per-share equity. UBS Group also recently increased its holdings by 181,800 H-shares, signaling institutional recognition of the company's long-term value and providing downside support.

(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.)