Movement Alert|MONTAGE TECH Rises 3.05% in Regular Trading, JPMorgan Increases Holdings as Semiconductor Sector Recovers

Market Focus
Sep 15

On September 15, MONTAGE TECH rose 3.05% in regular trading, trading at 250.6 HKD/share, with turnover of approximately HKD 172 million.

On the news front, the latest disclosure from the Hong Kong Stock Exchange shows that JPMorgan Chase increased its holdings in MONTAGE TECH by approximately 100,000 shares on September 8 at an average price of around HKD 277.86 per share, involving approximately HKD 27.79 million. Following the purchase, JPMorgan's long position ratio rose from 8.89% to 9.02%. Additionally, UBS Group AG had earlier lifted its long position to 8.13% after acquiring 329,600 shares on September 7.

Meanwhile, the semiconductor sector staged a broad recovery, with GIGADEVICE up 5.43%, ILUVATAR COREX up 3.89%, and BIREN TECH up 3.02%, providing supportive sentiment for individual stocks. The company has also been conducting consecutive A-share buybacks, repurchasing 100,000 shares daily since September 7, with cumulative spending exceeding RMB 96 million. The latest buyback on September 14 cost approximately RMB 18.57 million at prices between RMB 184.14 and RMB 188.28 per share.

(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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