On September 30, MONTAGE TECH fell 3.2% in regular trading, trading at HK$285.0 per share, with turnover of approximately HK$80.19 million.

On the news front, multiple headwinds converged to weigh on the stock. Hong Kong Exchange data revealed that on September 29, MONTAGE TECH saw notable institutional position shifts totaling HK$819 million in transfer value, representing 3.79% of market capitalization. Specifically, Morgan Stanley Hong Kong Securities transferred out 2.1716 million shares, while 2.3093 million shares were transferred into Citibank. Additionally, the company's third-largest shareholder WLT Partners previously disclosed a plan to reduce holdings by up to 2.33 million shares (0.19% of total share capital) starting November, continuing to suppress market sentiment.

The broader semiconductor sector traded weak, with Iluvatar CoreX down 4.09%, Biren Tech down 1.98%, and GigaDevice down 1.46%, creating sector-wide drag. Despite the company's strong first-half results — revenue of RMB 3.335 billion (up 26.66% YoY) and net profit of RMB 1.997 billion (up 72.33% YoY) — institutional repositioning and sector headwinds dominated near-term price action.

(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.)