HK Stock Market Move | Montage Technology (06809) opens over 5% higher after profit alert; expects Q3 net profit attributable to shareholders to grow 153.6% to 174.7% year-on-year.

Montage Technology (06809) opened over 5% higher after the profit alert. As of press time, it is up 5.02% at HK$213.2, with a turnover of HK$10.2336 million. On the news front, Montage Technology announced that, based on preliminary estimates by the company's finance department, for the period from July 1, 2026 to September 30, 2026, it expects revenue of approximately RMB 2.079 billion for the third quarter of 2026, up about 46.0% year-on-year; it expects net profit attributable to shareholders of the listed company of RMB 1.200 billion to RMB 1.300 billion for the third quarter of 2026, up 153.6% to 174.7% year-on-year; and it expects net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses of RMB 950 million to RMB 1.050 billion for the third quarter of 2026, up 152.6% to 179.2% year-on-year. The announcement said that since the beginning of this year, with the rapid development of AI inference and Agent applications, demand for server CPUs has continued to grow, further driving up overall demand for memory modules and memory interconnect chips. In the third quarter of 2026, leveraging its position as an industry leader, the company saw a substantial increase in shipments of DDR5 memory interface and module companion chips, and the shipment share of third-, fourth-, and fifth-generation DDR5 RCD chips further increased, driving a significant year-on-year increase in the company's operating performance.