Understanding the Market | ASMPT rises over 5%, wholly-owned subsidiary will become an important shareholder of Original, strongly promoting international cooperation in the semiconductor industry

ASMPT rose over 5%, as of the time of writing, up 6.60%, priced at HKD 75.95, with a transaction volume of HKD 495 million. In terms of news, Original recently announced that the China Securities Regulatory Commission has approved the company's major asset restructuring plan. In this restructuring, Original plans to acquire 87.47% of Advanced Packaging Materials International Limited (AAMI) for a transaction price of RMB 3.069 billion, while divesting its traditional cable materials business and introducing ASMPT Holding, a wholly-owned subsidiary of the global semiconductor packaging equipment leader ASMPT, as an important shareholder of the company. Media reports suggest that this is considered a pioneering demonstration of A-share listed companies introducing international semiconductor leading shareholders, which will strongly promote international cooperation in the semiconductor industry. Everbright Securities International stated that under expectations of monetary easing, Hong Kong stock valuations and profit growth potential are favored by the market, especially for leading companies in the technology, finance, and consumer sectors, which are expected to see more active performance driven by favorable policies and capital