According to the latest data from the Hong Kong Stock Exchange, JPMorgan Chase & Co. increased its holdings in MONTAGE TECH (06809) on August 24, acquiring 42,765 shares at an average price of HK$255.9417 per share.
The total transaction value amounted to approximately HK$10.9453 million. Following this acquisition, JPMorgan's latest share count in the company stands at approximately 6.8392 million shares, representing a 9.02% stake in the total issued shares.
This move reflects the financial institution's continued confidence in the semiconductor company's growth prospects amid the current market environment.
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