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Changes in Hong Kong stocks | ASMPT (00522) fell more than 6%, and the market headwinds may limit short-term upside
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The Zhitong Finance App learned that ASMPT (00522) fell by more than 6%. As of press release, it decreased by 6.22% to HK$101, with a turnover of HK$123 million.

Morgan Stanley released a research report stating that it remains optimistic about ASMPT's long-term growth prospects and believes that emerging opportunities such as EMIT-T, CoPOS, and photonics will provide growth impetus, but the industry may go against the wind or limit short-term upward space. The bank also pointed out that semiconductor industry growth is expected to slow from 132% in 2026 to 35% in 2027. As a leading indicator, equipment stocks will also take the lead in putting pressure on when the industry cycle slows down.

Notably, according to reports, IDG Capital has become the leading bidder for ASMPT's SMT business. Citi said the report indicates that the deal may be reached in the next few weeks, and the SMT business is valued at over 1 billion US dollars, which may be lower than ASMPT's target of 1.5 billion US dollars. The bank viewed this news as neutral and positive for ASMPT's stock price.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
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