On September 22, ASMPT rose 4.3% in regular trading, trading at 173.4 HKD/share, with turnover of approximately 44.41 million HKD. The rally was driven by a convergence of institutional accumulation and deepening semiconductor equipment supply constraints.
BlackRock increased its holdings in ASMPT by approximately 860,000 shares on September 16 via an off-market transaction, lifting its long position from 4.82% to 5.03%, signaling sustained institutional confidence. Concurrently, semiconductor equipment component delivery cycles have doubled sharply, with some critical parts now requiring up to 40 months for delivery versus previous lead times of just four months, creating severe industry-wide supply shortages.
Adding to the positive backdrop, both Morgan Stanley and JPMorgan have named ASMPT as a top pick within the Asian AI hardware ecosystem. Morgan Stanley projects China's advanced packaging market will reach approximately RMB 100 billion by 2029, noting equipment makers stand to benefit more than OSAT firms from the current expansion cycle. Domestically, brokerages maintain buy ratings, with projected net profit growth of 92.8% for the current fiscal year, underpinned by record SMT orders and robust advanced packaging demand driven by HBM and CoWoS expansion.
(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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