Chinese chipmaker Montage Technology debuted on the main board of the Hong Kong Stock Exchange with a striking first-day performance. Its stock opened at HK$168 per share, surging 57.17% from its IPO price of HK$106.89, pushing its market value above HK$203.6 billion.

Founded in 2004 by industry veterans Yang Chonghe and Dai Guanghui, Montage Technology has evolved into a global leader in memory interface chips, a field once vacant in China. The listing marks its achievement of a "capital market triple jump" across Nasdaq, Shanghai's STAR Market, and now Hong Kong.

The company's success is built on deep technological expertise. It has achieved leading positions from DDR4 to the current mainstream DDR5 memory interface chips, actively participating in setting JEDEC standards. After recovering from the 2023 inventory downturn, its revenue for the first nine months of 2025 skyrocketed to 4.058 billion yuan, a 57.9% year-over-year increase, driven by DDR5 adoption and demand from AI and cloud computing.

Montage boasts a powerful client ecosystem, supplying Samsung, SK Hynix, and Micron (which together hold over 90% of the global server DRAM market) and collaborating deeply with Intel and AMD. Its IPO attracted cornerstone investments from major institutions like JPMorgan and UBS.

ICgoodFind : Montage Technology's strong market debut highlights its technical moat and premier partnerships. Riding the waves of AI and DDR5, the listing enhances its financial capacity to solidify leadership in its niche and serve as a key model for domestic semiconductor advancement.