On October 2, ASMPT rose 3.06% in regular trading, trading at 166.6 HKD/share, with turnover of 78.38 million HKD. The rebound comes as selling pressure from major institutional shareholders throughout September has been largely absorbed.

Since early September, both BlackRock and The Capital Group Companies conducted multiple rounds of stake reductions. Capital Group sold approximately 4.6 million shares across three tranches on September 7, 16, and 22, reducing its long position from 8.01% to 5.86%, involving over 750 million HKD in total. BlackRock similarly lowered its stake from 5.64% to 4.9% through a series of off-exchange transactions. After consecutive downward adjustments in late September — including a 3.47% decline on September 28 and a 3.14% drop on September 30 — the overhang from institutional liquidation appears to have been largely digested, paving the way for the current rebound.

On the fundamental side, global semiconductor equipment shipment value rose 23% year-over-year in Q2. ASMPT, as a core supplier of TCB and other advanced packaging equipment, continues to benefit from AI-driven demand. The company reported H1 revenue of 8.903 billion HKD with adjusted net profit surging 230.5% year-over-year to 973 million HKD.

(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.)