Movement Alert|ASMPT Falls 3.15% in Regular Trading, BlackRock Off-Market Trims Long Position to 5.35%

Market Focus
3 hours ago

On October 8, ASMPT fell 3.15% in regular trading, trading at HK$169.8/share, with turnover of HK$33.96 million.

The latest disclosure shows BlackRock reduced its long position in ASMPT by 2.8039 million shares on October 1 via an off-market transaction with non-cash asset consideration, lowering its long position from 6.01% to 5.35%. This transaction was not matched through the exchange's public market, yet the rapid reversal from a September 30 increase of 790,300 shares has weighed on market sentiment. Fundamentals remain supported by the AI infrastructure capital expenditure cycle, with second-quarter continuing operations revenue up 52.1% year-over-year and net profit up 177%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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