On August 14, ASMPT rose 4.32% in regular trading, trading at 183.1 HKD/share, with turnover of 104 million HKD, extending its recent rally with cumulative monthly gains exceeding 20%.
The movement is driven by continued market reaction to the company's strong Q2 results and robust Q3 guidance. ASMPT reported Q2 adjusted net profit of 638 million HKD, exceeding market expectations by 76%; revenue of 4.94 billion HKD surpassed company guidance midpoint by 10.5%; orders reached 7.08 billion HKD with an order-to-shipment ratio of 1.43x, a five-year high. Management guided Q3 orders to grow at high single digits sequentially, led by thermocompression bonding and optical communications.
Multiple investment banks maintain buy ratings, with target prices ranging from 191 to 310 HKD. BlackRock recently raised its long position to 5.18%, signaling institutional confidence. AI-driven demand continues to fuel orders across TCB, CPO, and flip-chip domains, further validating the company's global leadership in advanced packaging.
(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.)