Goldman Sachs: Initiates Buy rating on Geely Automobile (00175.HK), target price HK$24, expects overseas sales share to rise to half by 2030.

Zhito Finance APP has learned that Citi issued a research report stating that WLT Partners, a shareholder related to the founder of Montage Technology (06809.HK), plans to sell up to 2.33 million A-shares, accounting for 0.19% of total share capital, in order to raise funds for an upcoming exercise of equity incentives that requires more than RMB 500 million. The bank expects the impact of this sale on the stock price to be limited, and reiterates its "Buy" rating on Montage Technology's A-shares (688008.SH), with a target price of RMB 320.