澜起科技，借风赴港

Group 1 - The semiconductor industry is experiencing a renewed wave of companies seeking to list in Hong Kong, with major players like OmniVision, GigaDevice, and Unisoc submitting applications or announcing hearing approvals in December [1] - The global memory interconnect chip leader, Montage Technology, is advancing its Hong Kong listing process, having received approval from the China Securities Regulatory Commission and completed the Hong Kong Stock Exchange hearing review [3] - Montage Technology is a fabless integrated circuit design company focused on interconnect solutions for cloud computing and AI infrastructure, holding a 36.8% market share in the global memory interconnect chip market as of 2024 [3] Group 2 - The AI-driven demand is significantly boosting the storage industry, with Gartner predicting global generative AI spending to reach $644 billion by 2025, a 76.4% increase from 2024 [4] - The NAND Flash prices have surged approximately 246% since the beginning of Q1 2025, with 70% of this increase occurring in the last 60 days [4] - The global memory interconnect chip market is projected to grow from $1.2 billion to $5 billion between 2024 and 2030, with a compound annual growth rate (CAGR) of 27.4% [4] Group 3 - Montage Technology reported impressive performance in the first three quarters of 2025, achieving revenue of 4.058 billion yuan, a year-on-year increase of 57.83%, and a net profit of 1.632 billion yuan, up 66.89% [4] - The company's gross margin for the first three quarters reached 61.46%, an increase of 3.34 percentage points compared to the same period last year [4] - The business consists of interconnect chips and server platform products, with interconnect chips being the core growth driver, serving major clients like Samsung, SK Hynix, and Micron [5]