Lyon: Lanqi Technology (06809.HK) has relatively low risk of price manipulation in South Korea, with attractive valuation providing accumulation opportunities.

According to the Smart Financial APP, Lyon has released a research report stating that Lamdex Technology (06809.HK) has always maintained compliance and normal operations in response to the investigation by South Korean prosecutors into three Memory Interface Chip (MIC) manufacturers suspected of price monopoly. The bank believes that the possibility of substantive pricing issues is low, as MIC prices follow a structured and technology-driven pricing framework. Lamdex Technology's stock price has experienced a pullback, providing additional accumulation opportunities in the attractive valuation scenario. Lyon currently has a target price of HK$454.2 for Lamdex Technology's H shares, maintaining a "highly confident outperform the market" rating.