Movement Alert｜MONTAGE TECH rises 4.57% in Regular Trading, upbeat earnings outlook and positive broker views support rebound

Market Focus10-27

On October 27, MONTAGE TECH rose 4.57% in regular trading, trading at HK$214.8, with turnover of HK$34.03 million.

The move aligns with recent company-specific catalysts: the company had earlier guided for strong third-quarter growth, while market expectations ahead of the October 29 results release remained constructive and several brokers maintained positive views.

Recent disclosures indicated expected third-quarter revenue of about RMB2.079 billion, up about 46.0% year over year, with attributable net profit of RMB1.20 billion to RMB1.30 billion, up 153.6% to 174.7%. Management also said fourth-quarter demand for interconnect chips is expected to improve further, supported by server CPU and memory demand as well as a richer DDR5 product mix. In addition, the company recently completed an A-share buyback totaling about RMB410 million, which may have helped underpin sentiment.

(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.)

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