On July 28, ASMPT fell 5.88% in regular trading to HKD 152.6/share, with turnover of HKD 47.58 million. The company's board was scheduled to review interim results for the six months ended June 30 on the same day, with the announcement expected on July 29.
The stock has corrected over 30% from its late-June historical high of approximately HKD 232. BlackRock reduced its stake from 6.13% to 5.48%, while Capital Group sold approximately 810,000 shares at an average price of HKD 191.36. Persistent institutional selling combined with broader weakness in the semiconductor equipment sector has weighed on sentiment, with bulls lacking conviction ahead of the earnings release.
Market consensus expects quarterly revenue to grow 31.11% year-over-year to HKD 4.508 billion and adjusted EPS to rise 140.80% to HKD 0.85, yet the sharp pre-announcement pullback suggests investors are positioning cautiously despite the strong earnings outlook.
(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.)