On July 23, MONTAGE TECH rose 4.57% in regular trading, trading at 326.0 HKD/share, with turnover of HKD 102 million, extending its recent strong rebound.

On the news front, the company announced its fiscal year dividend implementation plan on the evening of July 22, distributing a cash dividend of RMB 3.90 per 10 shares, with a record date of July 28. Meanwhile, the storage sector continues to strengthen as overseas memory giants collectively surged over 10% in the previous session. Citi expects memory prices to continue rising in the second half, expressing preference for MONTAGE TECH. The company previously disclosed that DDR5 RCD chip shipments increased significantly in the first half, with third and fourth generation RCD chips accounting for a growing share. Additionally, the company plans to complete engineering sample tape-out of its Ethernet PHY Retimer chip within the year, advancing its strategic goal of becoming a leading global interconnect chip designer.

(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.)