Movement Alert|ASMPT Falls 3.16% in Regular Trading, Profit-Taking Pressure Resurfaces After Steep Short-Term Rally

Market Focus06-22

On June 22, ASMPT declined 3.16% in regular trading, trading at HK$202.4/share, with turnover of HK$732 million.

On the news front, the stock had surged over 12% on June 15 and further climbed to HK$207.2 on June 17, driven by global memory giants accelerating capacity expansion and rising TCB (Thermo-Compression Bonding) equipment procurement demand. Institutional research estimates that under full production conditions, global HBM production will require 532/648/748 new TCB units in 2026-2028 respectively, positioning ASMPT as a core beneficiary. However, following the rapid run-up, profit-taking pressure has re-emerged.

Additionally, the company recently completed the divestiture of its subsidiary ASMPT NEXX to Applied Materials for US$120 million, narrowing the SEMI division product line. This structural change continues to weigh on valuation expectations, intensifying short-term bull-bear dynamics amid elevated trading volumes.

(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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