Flash | 20 Oct 2026 11:40:32 ET │ 13 pages Montage Technology (688008.SS) Buy | Price (20 Oct 26 15:00) | Rmb169.270 | | --- | --- | | Target price | Rmb320.000 | | Expected share price return | 89.0% | | Expected dividend yield | 0.6% | | Expected total return | 89.6% | | Market Cap | Rmb193,774M | | | US$29,005M | Kevin ChenAC +852-2501-2125 kevin.y.chen@citi.com Kyna Wong kyna.wong@citi.com Karen Huang 3Q26 Prelim Solid Beat; GPM a Positive Surprise CITI'S TAKE Montage announced on Oct 20 preliminary 3Q2 ...

Flash | 27 Sep 2026 17:12:26 ET │ 12 pages Montage Technology (688008.SS) Founder Share Sale Likely Non-Event; Robust Growth Outlook Intact CITI'S TAKE Montage announced on Sep 25 founder-linked shareholder WLT Partners plans to sell up to 2.33mn (0.19% of total) Montage-A shares (688008.SS) to fund an upcoming equity-incentive exercise requiring over Rmb500mn. We expect limited share price impact given the small disposal size and clearly identified funding purpose. We see robust multi- year growth outlook ...