On August 20, MONTAGE TECH fell 3.03% in regular trading, trading at 263.6 HKD/share, with turnover of HKD 479 million.

On the news front, the global storage and semiconductor sector selloff continues unabated. The Philadelphia Semiconductor Index previously plunged over 6%, while SK Hynix ADR dropped 9.20%, SanDisk fell 9.01%, and Micron Technology declined 7.02%. The Korean KOSPI index tumbled over 5%, triggering consecutive days of sharp selling in HK-listed storage concepts. MONTAGE TECH had already plunged nearly 8% in the prior session, and selling pressure persists. Additionally, reports indicate that Samsung Electronics, SK Hynix, and Micron have simultaneously scaled back or cancelled CXL controller commercialization plans, adding further headwinds to the interconnect chip segment.

Within the Semiconductors sector, SMIC fell 1.64%, HUA HONG GRACE fell 2.99%, GIGADEVICE fell 2.78%, while ILUVATAR COREX rose 3.97% and BIREN TECH rose 2.46%.

(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.)