On July 21, ASMPT rose 3.04% in regular trading, trading at 166.7 HKD/share, with turnover of HKD 281 million.
On the news front, the company announced that Bassel Haddad will be appointed as Group CEO and Executive Director effective August 11, succeeding Robin Ng. The smooth leadership transition signals governance confidence. Meanwhile, the company is set to release interim results on July 28, with consensus estimates projecting quarterly revenue of HKD 4.508 billion, representing 31.11% year-over-year growth, and adjusted earnings per share of HKD 0.85, up 140.80% year-over-year.
Institutional views on ASMPT are predominantly positive, with the majority of analysts expecting the company to benefit from AI-driven advanced packaging capital expenditure recovery and improving downstream electronics demand. Earlier in June, the stock had rallied on news of global memory manufacturers accelerating capacity expansion, driving TCB equipment procurement demand higher. Research estimates project global TCB market size growing from approximately USD 760 million to USD 1.6 billion by 2028, representing a three-year CAGR of 28%.
(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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