Core Viewpoint - Lanke Technology plans to conduct a secondary listing in Hong Kong, aiming to raise between $800 million and $1 billion, which would mark the largest listing in Hong Kong since Zijin Mining's $3.53 billion IPO in September last year [1]. Group 1: Listing Details - The company is expected to finalize its listing schedule, likely on January 26 [1]. - Lanke Technology has already passed the listing hearing with the Hong Kong Stock Exchange and will be listed on the main board [1]. Group 2: Company Background - Lanke Technology was previously listed on the Shanghai STAR Market in 2019, with a current market capitalization of approximately $22 billion [1]. - The company's stock price has nearly doubled over the past year, according to data from the London Stock Exchange Group [1].

Group 1 - The core point of the news is that Chinese semiconductor design company, Montage Technology, plans to conduct a secondary listing in Hong Kong, aiming to raise between $800 million to $1 billion, which would mark the largest IPO in Hong Kong since September last year [1] - Montage Technology has already passed the listing hearing with the Hong Kong Stock Exchange and is expected to list on January 26, although the timeline is not yet finalized [1] - The surge in IPO activities for AI and semiconductor companies in Hong Kong and mainland China is driven by the country's push to enhance domestic technological capabilities and reduce reliance on U.S. technology [1] Group 2 - Montage Technology, established in 2004, specializes in fabless integrated circuit design, focusing on improving data transmission speeds between chips in servers and data centers [2] - The company was previously listed on NASDAQ in September 2013, raising $71 million, but was privatized a year later by a state-owned investment firm [2] - As of now, Montage Technology has a market capitalization of approximately $22 billion, with its stock price nearly doubling over the past year [2] - According to the company's prospectus, it is projected to hold a 36.8% market share in the global memory interconnect chip market by 2024 [2] - For the fiscal year 2023 to 2024, Montage Technology expects a revenue growth of 59% year-on-year, reaching 3.64 billion RMB (approximately $521.27 million), with a net profit of 1.34 billion RMB and a gross margin exceeding 58% [2] - The funds raised from the upcoming listing will be allocated to enhance R&D in interconnect chips, marketing activities, and seeking strategic investment opportunities [2]

个股方面，87只个股获融资净买入额超1亿元。北方稀土获融资净买入额居首，净买入8.38亿元；融资净买入金额居前的还有航天发展、紫金矿业、香农芯 创、中国铝业、招商银行、澜起科技、信维通信、珂玛科技、中钨高新等。 | 序号 | | | | | | --- | --- | --- | --- | --- | | | 证券代码 ◆ | 证券简称 = | 交易日期÷ | 融资净买入额(万元) ◆ | | 1 | 600111.SH | 北方稀土 | 2026-01-07 | 83,805.36 | | 2 | 000547.SZ | 航天发展 | 2026-01-07 | 77.192.41 | | 3 | 601899.SH | 蒙美矿业 | 2026-01-07 | 54,104.59 | | ব | 300475.SZ | 香农芯创 | 2026-01-07 | 53,010.37 | | 5 | 601600.SH | 中国铝业 | 2026-01-07 | 50,680.43 | | 6 | 600036.SH | 招商银行 | 2026-01-07 | 43,869.23 | | 7 | 688008.S ...

Group 1 - As of January 7, the margin trading balance in A-shares reached 26,047.42 billion yuan, an increase of 248.42 billion yuan from the previous trading day, accounting for 2.55% of the A-share circulating market value [1] - The margin trading transaction volume on the same day was 3,312.32 billion yuan, which is an increase of 23.26 billion yuan from the previous trading day, representing 11.49% of the total A-share transaction volume [1] Group 2 - Among the 31 primary industries in Shenwan, 27 industries experienced net financing inflows, with the electronics industry leading at a net inflow of 6.393 billion yuan [3] - Other industries with significant net financing inflows include non-ferrous metals, defense and military industry, pharmaceutical and biological, machinery equipment, and communication [3] Group 3 - A total of 87 individual stocks had net financing inflows exceeding 100 million yuan, with Northern Rare Earth leading at a net inflow of 838.54 million yuan [3][4] - Other notable stocks with high net financing inflows include Aerospace Development, Zijin Mining, Shannon Chip Creation, China Aluminum, China Merchants Bank, Lanke Technology, XW Communication, Kema Technology, and Zhongtung High-Tech [3][4]

Group 1 - The financing balance of the Sci-Tech Innovation Board increased by 3.623 billion yuan compared to the previous day, with 29 stocks seeing an increase of over 50 million yuan in financing balance [1] - As of January 7, the total margin financing balance on the Sci-Tech Innovation Board reached 279.986 billion yuan, marking a continuous increase for three trading days [1] - Among the stocks on the Sci-Tech Innovation Board, 491 had a financing balance exceeding 100 million yuan, with 53 stocks having a balance over 1 billion yuan [1] Group 2 - The stock with the highest net financing purchase was Lanke Technology, with a latest financing balance of 6.823 billion yuan, an increase of 404 million yuan from the previous day [2] - Other notable stocks with significant net purchases included Dekeli and Xinghuan Technology, with net purchases of 226 million yuan and 179 million yuan, respectively [2] - Stocks favored by financing customers showed an average increase of 4.69%, with notable gainers including Yinuosi and Xinyuanwei, both up by 20% [2] Group 3 - The stocks with the highest financing balance as a percentage of their circulating market value averaged 4.07%, with Huafeng Technology having the highest ratio at 7.81% [2] - Other stocks with high financing balance ratios included Juguang Technology and Bolite, at 7.17% and 6.74%, respectively [2] - The sectors attracting financing customers were concentrated in electronics, communications, and power equipment, with 17, 3, and 2 stocks respectively [2]

Transaction Overview - The company’s wholly-owned subsidiary, Montage Technology Holdings Company Limited, has received an offer from Marvell Technology, Inc. to acquire all shares of XConn Technologies Holdings, Ltd. The agreement has been signed, and the company has agreed to the transaction [1][4] - Prior to the transaction, Montage held a 13.075% equity stake in XConn, which will be eliminated upon completion of the transaction [1][4][14] Internal Approval Process - The transaction has been approved by the company's general manager office and does not require further approval from the board of directors or shareholders [2][7] - The transaction does not constitute a related party transaction or a major asset restructuring as defined by relevant regulations [2][7] Buyer Information - The buyer, Marvell Technology, Inc., is a publicly listed company on NASDAQ and is capable of fulfilling the transaction [9][11] Target Company Information - The transaction involves the sale of all shares of XConn, which is a wholly-owned subsidiary of Montage [12] - As of the announcement date, XConn has clear ownership rights with no encumbrances or legal issues affecting the transfer of ownership [13] Financial Information of Target - As of December 31, 2024, XConn's net assets were approximately $19.70 million, and as of September 30, 2025, the net assets were approximately $10.10 million [16] - The company has opted not to disclose detailed operational data to protect its interests [16] Pricing and Valuation - The total consideration for the transaction is based on a valuation of $540 million, subject to adjustments based on net liabilities and transaction costs at closing [17] - The distribution of the transaction proceeds will prioritize preferred shareholders, ensuring they receive a return equal to their investment before distributing remaining proceeds among all shareholders [17] Impact on the Company - Following the transaction, Montage will no longer hold shares in XConn, but this sale will not affect the company's main business operations [19] - If the transaction is completed in 2026, it is expected to have a positive impact on the company's net profit for that year, with specific amounts to be confirmed by auditors [19]

澜起科技1月7日大宗交易平台出现一笔成交，成交量2.00万股，成交金额271.40万元，大宗交易成交价 为135.70元。该笔交易的买方营业部为广发证券股份有限公司总部，卖方营业部为招商证券股份有限公 司北京景辉街证券营业部。 进一步统计，近3个月内该股累计发生18笔大宗交易，合计成交金额为1.35亿元。 （文章来源：证券时报网） 证券时报·数据宝统计显示，澜起科技今日收盘价为135.70元，上涨1.63%，日换手率为5.42%，成交额 为85.27亿元，全天主力资金净流出6577.67万元，近5日该股累计上涨13.92%，近5日资金合计净流入 4.28亿元。 两融数据显示，该股最新融资余额为64.19亿元，近5日增加2.27亿元，增幅为3.67%。（数据宝） 1月7日澜起科技大宗交易一览 | 成交量 | 成交金额 | 成交价格 | 相对当日收盘折 | 买方营业部 | 卖方营业部 | | --- | --- | --- | --- | --- | --- | | （万股） | （万元） | （元） | 溢价（%） | | | | | | | | 广发证券股份有 | 招商证券股份有限公司北京 | | 2.00 ...

1月7日，澜起科技收涨1.63%，收盘价为135.70元，发生1笔大宗交易，合计成交量2万股，成交金额 271.4万元。 进一步统计，近3个月内该股累计发生18笔大宗交易，合计成交金额为1.35亿元。该股近5个交易日累计 上涨13.92%，主力资金合计净流入4.42亿元。 责任编辑：小浪快报 第1笔成交价格为135.70元，成交2.00万股，成交金额271.40万元，溢价率为0.00%，买方营业部为广发 证券股份有限公司总部，卖方营业部为招商证券股份有限公司北京景辉街证券营业部。 ...

| 交易日期 | 证券简称 | 证券代码 | 成交价(元) 成交金额(万元) 成交量( * ) 买入营业部 | 卖出营业部 | | --- | --- | --- | --- | --- | | 2026-01-07 | 澜起科技 | 688008 | 广发证券股份有限 公司总部 135.7 271.4 | 招商证券股份有限 公司北京景辉街证 | 1月7日，澜起科技大宗交易成交2万股，成交额271.4万元，占当日总成交额的0.03%，成交价135.7元，较市场收盘价135.7元持平。 ...

Group 1 - The A-share market is experiencing fluctuations, with a notable rise in semiconductor equipment and materials, as well as strong performance in AI infrastructure sectors such as computing power, storage, and PCB [1] - The largest AI ETF in the Shanghai market, AI ETF (515070), saw its holdings, including Guangxun Technology, rise over 3%, while other stocks like Zhongji Xuchuang, Lankai Technology, and Xiechuang Data also increased [1] - Huolong Securities believes that the market is in a "slow bull" phase, with potential for upward breakthroughs due to ongoing supportive fiscal and monetary policies, as well as improving economic fundamentals [1] Group 2 - The AI ETF (515070) tracks the CS Artificial Intelligence Theme Index (930713), focusing on companies that provide technology, basic resources, and applications in the AI sector, representing the midstream and upstream of the AI industry chain [1] - The top ten weighted stocks in the AI ETF include leading domestic technology firms such as Zhongji Xuchuang, Xinyi Sheng, and Hanwha Technology, among others [1] - Related products include the AI ETF (515070), Huaxia CSI Artificial Intelligence Theme ETF Link A (008585), and Huaxia CSI Artificial Intelligence Theme ETF Link C (008586) [1]