Movement Alert｜ASMPT Intraday Decline 3.48%, Semiconductor Equipment Sector Extends Correction

Market Focus09:35

On October 13, ASMPT fell 3.48% in regular trading to HK$156.9, with turnover of HK$22.64 million. The stock tracked broad weakness across semiconductor equipment names despite Goldman Sachs raising its target price by 6 Hong Kong dollars to HK$183 and maintaining a Neutral rating on October 12, as positive views on advanced packaging demand failed to offset systemic sector-wide selling pressure.

Earlier equity disclosures showed BlackRock reduced its long position to 5.35% on October 1 via an off-exchange transaction, while The Capital Group Companies had trimmed holdings in September; though that overhang has largely been digested, semiconductor equipment remained under pressure. Among sector peers, CFMEE lost 3.57%, and SICC declined 3.7%.

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