Stock Track | MONTAGE TECH Plummets 6.83% Intraday as Storage Sector Hit by Profit-Taking After CXMT Listing

Stock Track

Jul 28

Shares of MONTAGE TECH tumbled 6.83% intraday, caught in a wave of selling pressure that swept across storage concept stocks.

The decline was triggered by the landmark listing of ChangXin Memory Technologies (CXMT) on the STAR Market. CXMT's debut saw record-breaking first-day turnover, which investors interpreted as a classic sell-the-news moment for the storage sector. Profit-taking sentiment quickly spread, dragging down related names including MONTAGE TECH.

Other storage-focused stocks also suffered notable losses, with GIGADEVICE falling over 8% and ILUVATAR COREX dropping more than 4%, underscoring the broad-based selling within the sector.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers HK | Online Trading in stocks, bonds & ETFS","description":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","keywords":"tiger trading,tiger security,tiger broker hk,tigers co ltd,tiger trade hk,tiger brokers hk,stock broker,securities broker,online brokerage,hong kong broker,hk broker,online stock trading,online trading platform,stock trading platforms,trading application,stock trading,stock trading hong kong,buying stocks in hong kong,tiger brokers","social":{"ogDescription":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.gotigerhk.com/news/1109079591"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"HKG","license":"TBHK","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1109079591\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1109079591?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-28 09:38","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1109079591","market":"hk","top_or_hot":-1,"title":"Stock Track | MONTAGE TECH Plummets 6.83% Intraday as Storage Sector Hit by Profit-Taking After CXMT Listing","media":"Stock Track","content":"<p>Shares of MONTAGE TECH tumbled 6.83% intraday, caught in a wave of selling pressure that swept across storage concept stocks.</p><p>The decline was triggered by the landmark listing of ChangXin Memory Technologies (CXMT) on the STAR Market. CXMT's debut saw record-breaking first-day turnover, which investors interpreted as a classic sell-the-news moment for the storage sector. Profit-taking sentiment quickly spread, dragging down related names including MONTAGE TECH.</p><p>Other storage-focused stocks also suffered notable losses, with GIGADEVICE falling over 8% and ILUVATAR COREX dropping more than 4%, underscoring the broad-based selling within the sector.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | MONTAGE TECH Plummets 6.83% Intraday as Storage Sector Hit by Profit-Taking After CXMT Listing</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | MONTAGE TECH Plummets 6.83% Intraday as Storage Sector Hit by Profit-Taking After CXMT Listing\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2026-07-28 09:38</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Shares of MONTAGE TECH tumbled 6.83% intraday, caught in a wave of selling pressure that swept across storage concept stocks.</p><p>The decline was triggered by the landmark listing of ChangXin Memory Technologies (CXMT) on the STAR Market. CXMT's debut saw record-breaking first-day turnover, which investors interpreted as a classic sell-the-news moment for the storage sector. Profit-taking sentiment quickly spread, dragging down related names including MONTAGE TECH.</p><p>Other storage-focused stocks also suffered notable losses, with GIGADEVICE falling over 8% and ILUVATAR COREX dropping more than 4%, underscoring the broad-based selling within the sector.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"06809","symbol_name":"澜起科技","start_time":0,"source_url":"","article_id":"1109079591","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1109079591","pubTimestamp":1785202718,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of MONTAGE TECH tumbled 6.83% intraday, caught in a wave of selling pressure that swept across storage concept stocks.The decline was triggered by the landmark listing of ChangXin Memory...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"06809":"澜起科技"},"translate_title":"股票跟踪 | CXMT 上市后存储板块遭受获利回吐打击，MONTAGE TECH 盘中暴跌 6.83%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"06809":1},"content_text":"Shares of MONTAGE TECH tumbled 6.83% intraday, caught in a wave of selling pressure that swept across storage concept stocks.The decline was triggered by the landmark listing of ChangXin Memory Technologies (CXMT) on the STAR Market. CXMT's debut saw record-breaking first-day turnover, which investors interpreted as a classic sell-the-news moment for the storage sector. Profit-taking sentiment quickly spread, dragging down related names including MONTAGE TECH.Other storage-focused stocks also suffered notable losses, with GIGADEVICE falling over 8% and ILUVATAR COREX dropping more than 4%, underscoring the broad-based selling within the sector.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"movement","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":1,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}