On August 27, ASMPT rose 3.44% in regular trading, reaching HK$168.6 per share, with turnover of HK$129 million.
On the news front, ASMPT has recently been officially included as a constituent of the Hang Seng Tech Index, with passive fund allocation demand continuing to flow in. Simultaneously, BlackRock has increased its long position in ASMPT to 5.15%, sending a clear institutional accumulation signal.
Additionally, the company's second-quarter results continue to buoy sentiment. During the period, adjusted net profit reached HK$638 million, exceeding market expectations by 76%. Revenue of HK$4.94 billion surpassed the upper end of guidance, while orders of HK$7.08 billion drove the book-to-bill ratio to 1.43x, a five-year high. Multiple major banks maintain buy ratings with target prices ranging from HK$191 to HK$310. Management guided for high single-digit sequential order growth in Q3, primarily driven by thermocompression bonding and optical communications businesses.
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