On August 13, ASMPT rose 3.13% in regular trading, trading at HK$175.9/share, with turnover of HK$69.06 million, extending its recent rebound momentum.

On the news front, the company's Q2 adjusted net profit reached HK$638 million, exceeding market expectations by 76%. Revenue came in at HK$4.94 billion, surpassing company guidance midpoint by 10.5%. The book-to-bill ratio hit 1.43x, a five-year high. BlackRock recently increased its long position to 5.18%, signaling clear foreign institutional accumulation. Citi, Bank of America, and J.P. Morgan all maintain buy ratings with target prices ranging from HK$191 to HK$310, suggesting significant upside from current levels. Additionally, the company granted 59,500 award shares to its Group CEO on August 12, reflecting management confidence in the business outlook. The stock has rallied from approximately HK$139.5 in late July following the strong earnings release, supported by robust AI-driven demand for advanced packaging solutions.

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