MBASMPT@EC2610A

JPMorgan Raises Earnings Forecast and Target Price for ASMPT

HSBC and Others Adjust Ratings and Target Prices for Multiple Companies

BlackRock Reduces Stake in ASMPT to 5.66%

ASMPT Reports Significant Q1 Revenue and Profit Growth Exceeding Expectations

ASMPT released FY2026 Q1 earnings on April 21 After-Market (BJT), actual revenue HKD 3.967 B (forecast HKD 3.883 B), actual EPS HKD 0.61 (forecast HKD 0.5602)

ASMPT Secures HBM4 Equipment Orders and Predicts Significant Growth in TC Bonding Machine Market

Citi Reiterates Buy Rating on ASMPT with Target Price of HKD 145

ASMPT to Release FY2026 Q1 Earnings on April 21 After-Market (BJT), Forecast Revenue HKD 3.883 B, EPS HKD 0.6022

JPMorgan Increases Long Position in ASMPT Ltd. to 7.48%

ASMPT to Hold Annual General Meeting to Approve Dividends and Authorizations

FIL Limited Sells ASMPT Shares to 9.99% Holding

ASMPT Sees Significant Profit Growth Through AI Packaging Equipment

Morgan Stanley Raises ASMPT Target Price to HKD 130 and Reiterates Overweight Rating

JPMorgan Upgrades ASMPT Outlook and Raises Target Price

BOC International Upgrades ASMPT Rating and Target Price to HKD 133

Bank of America Upgrades ASMPT's Earnings Forecast and Target Price

UBS Raises ASMPT Target Price to HKD141 and Maintains 'Buy' Rating

Macquarie Raises ASMPT Target Price to HKD140

ASMPT Considers Divesting SMT Business to Focus on Terminal Markets

ASMPT released FY2025 Q4 earnings on March 4 Pre-Market (BJT), actual revenue HKD 0 (forecast HKD 3.898 B), actual EPS HKD 0 (forecast HKD 0.4961)

QINGDAO HLDGS

QIANHAI HEALTH

GUOXIA TECH

BITSTRAT HLDGS

KIN SHING HLDGS

AV CONCEPT HOLD

DATRONIX HOLD

HAITIAN ANTENNA

PRODUCTIVE TECH

INVESTECH HLDGS

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BofAS has raised its target price for ASMPTfrom HKD160 to HKD190, maintaining a Buy rating. The company's 1Q26 results exceeded expectations, with revenue reaching HKD4 billion, a 27% YoY increase. Non-GAAP gross margin was 39.5%, and EPS was HKD0.8, surpassing forecasts. BofAS increased its EPS forecasts for 2026, 2027, and 2028 by 21%, 14%, and 13%, respectively, due to strong growth in semiconductor equipment and SMT sales.

AASTOCKS News

ASMPT

Bank of America

BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH INT NON CUM PFD QQ

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '5'

BANK OF AMERICA CORPORATION 7.25% NON-CUM PERP CONV PFD SER L

BANK OF AMERICA CORPORATION 5.875%NON CUM DEP SHS REP1/1000TH SER HH

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '2'

BANK OF AMERICA CORPORATION 5% DEP SHS REPR 1/1000TH NON CUM PFD LL

BANK OF AMERICA CORPORATION DEP SHARES REP 1/1000TH PERP PFD SER 'E'

BANK OF AMERICA CORPORATION INCOME CAPITAL OBLIG NTS DUE 15/12/2066

BANK OF AMERICA CORPORATION 4.375% DP SH RP 1/1000TH IN NON CU PF NN

BANK OF AMERICA CORPORATION DEP SH REP 1/1200TH PRF SER 1 USD25

BANK OF AMERICA CORPORATION 5.375%DEP SHS REP 1/1000TH NON CUM SR KK

BANK OF AMERICA CORPORATION 6%NON CUM DEP SHS EACH REP 1/1000 SER GG

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200 PFD SER 4 USD25

BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH NON CUM PFD SER SS

BANK OF AMERICA CORPORATION 4.125%DEP SH REP 1/1000 PFD SER PP USD25

Bank of America Corp

BofAS Raises ASMPT  TP to HKD190, Reiterates Buy

ASM Pacific Technology reported strong Q1 earnings, driven by AI demand in semiconductor and SMT sectors. Bookings surged to USD 727 million, a 46% increase quarter-on-quarter. Revenue reached USD 507.9 million, up 32% year-on-year, exceeding expectations. Adjusted EPS rose 118.9% quarter-on-quarter. The SEMI segment outperformed with a 12.2% revenue increase, while SMT bookings hit a record USD 417.4 million, boosted by AI and EV trends. Despite a year-on-year margin decline due to product mix, the company is well-positioned for future growth amid supply chain challenges.

Tip Ranks

Intel

ASM Pacific Technology Rides AI Wave in Earnings

Reuters

BlackRock

BlackRock Tech and Private Equity Term Trust

BLACKROCK MULTI-SECTOR INCOME TR COM USD0.001(S/R 09/09/2025) WI

Blackrock Enhanced Div Achievers Trust

BlackRock Science and Tech Term Trust

BlackRock Multi-Sector Income Trust

HKEX Filing Shows Blackrock's Long Position In ASMPT Decreases To 5.66%

SOXL

Semiconductor and electronic assembly equipment manufacturer ASMPT Ltd. announced its first-quarter performance, with revenue reaching HKD 3.97 billion, a year-on-year increase of 32%. New orders amounted to HKD 5.67 billion, a quarter-on-quarter increase of 46% and a year-on-year increase of 71.6%. Adjusted profit was HKD 335 million, up 123.8% year-on-year. The company forecasts second-quarter sales revenue to be between USD 540 million and USD 600 million, a quarter-on-quarter increase of 12.2%. On Wednesday, the stock price rose by 2.7%, closing at HKD 152.1, with the stock price doubling over the past year

BambooWorks

Direxion Semicon Bull 3X

Brief News: First-quarter revenue increased by over 30% year-on-year, ASMPT expects the upward trend to continue this season

ASM Pacific Technology Says Revenue Guidance For Q2 2026 Us$540 Million To Us$600 Million

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ASMPT Ltd reported strong Q1 2026 results, driven by AI demand, with bookings up 71.6% to HK$5.67 billion and revenue rising 32% to HK$3.97 billion. Adjusted net profit nearly tripled, and gross margin reached 46.4%. The company expects a 37% revenue increase in Q2. Despite losses from its discontinued NEXX unit, ASMPT maintains a Buy rating with a price target of HK$130.00. The firm specializes in semiconductor and SMT manufacturing equipment, serving global data-centre and electronics markets.

GF Fund CSI Semiconductor Material Equipment Theme ETF

E Fund CSI Semiconductor Material & Equipment Thematic ETF

Harvest CSI All Share Integrated Circuit ETF

ChinaAMC CSI Semiconductor Material & Equipment Thematic ETF

ChinaAMC Guozheng Semiconductor Chip ETF

Ping An CSI Consumer Electronic Theme ETF

Guotai CSI Semiconductor Material Equipment Theme ETF

Guotai CSI All Share Integrated Circuit ETF

First Trust Nasdaq Food & Semicon

Harvest SSE STAR Chip ETF

China Merchants CSI Semiconductor Industry ETF

ChinaAMC SSE STAR Semiconductor Material & Equipment Thematic ETF

ASMPT Rides AI Boom With Surging Q1 Orders and Strong Margin Gains

HBM4 orders secured first, TC bonding machine revenue surges 146%—Singapore-based packaging equipment vendor ASMPT firmly enters the core high-bandwidth memory track. The company expects Q1 orders to soar 40% year-on-year, potentially hitting a four-year high; intensifying patent disputes among Korean competitors may further accelerate supplier switching, aiding its push toward a 35% to 40% market share target by 2028

- ASMPT has seen a significant surge in its TC bonding machine revenue, increasing by 146% year-over-year, driven by early orders for the sixth generation of high bandwidth memory (HBM4).  
- The company expects a 40% rise in orders in the first quarter of this year, contributing to a growing market, projected to reach $1.6 billion by 2028, with a target market share of 35-40%.  
- Ongoing patent disputes in the semiconductor sector may accelerate supplier diversification among HBM customers, potentially benefiting ASMPT's market position.

Wallstreetcn

Data Center Investment Boom Ripples Upstream: HBM Equipment Vendor ASMPT Sees Order Surge, Q1 Forecast to Jump 40% Year-on-Year

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The Hang Seng Index closed at 26,306 points, up 359 points or 1.4%. The Hang Seng Tech Index reported 5,058 points, up 146 points or 3.0%. Alibaba rose 4.6%, closing at HKD 134.5; CATL hit a new high, rising 10.3%, closing at HKD 723; Ganfeng Lithium rose 7.3%, closing at HKD 84.15. Other active stocks including Tencent, Meituan, and Xiaomi also saw varying degrees of increase

AASTOCKS

CATL

Meituan

Alibaba

BABA-W

TENCENT

CHINARES PHARMA

MircroPort Medbot-B

GANFENGLITHIUM

Ganfeng Lithium

Direxion FTSE China Bull 3X

KraneShares 2x Long BABA Daily ETF

Hang Seng Index

Hang Seng TECH Index

Hang Seng China Enterprises Index

MEITUAN

XIAOMI-W

BIDU-SW

Baidu

HAIDILAO

NEW ORIENTAL-S

New Oriental EDU & Tech

TRIP.COM-S

Trip.com

NTES-S

NetEase

BYD COMPANY

DEEPEXI TECH

GUOQUAN

MARKETINGFORCE

JIAXIN INTL RES

GOFINTECH QUANT

CARSGEN-B

PONY-W

BABA-WR

Alibaba HK SDR 5to1

CATL HK SDR 30to1

Tencent

TENCENT-R

Tencent HK SDR 10to1

Tencent Holdings Limited

MEITUAN-WR

Meituan HK SDR 5to1

Xiaomi Corporation

XIAOMI-WR

Xiaomi HK SDR 2to1

BIDU-SWR

Trip.com HK SDR 50to1

BYD HK SDR 10to1

BYD Company

BYD Company Limited

BYD COMPANY-R

Pony AI

The Half-Day Express reports that the Hang Seng Index rose by 359 points; the Hang Seng Tech Index increased by 146 points. Alibaba rose by over 4%, while CATL, Ganfeng Lithium, MicroPort Medbot-B, ASMPT, and CHINARES PHARMA reached new highs

Today, the stock market warmed up, with the three major U.S. indices closing higher. Oil prices rose due to expectations surrounding the conflict, and the black futures surged by 300 points. The market trend must be respected, as the stock market shows resilience, and the number of investors looking to buy the dip is gradually increasing. ASMPT and Samsung completed the HBM thermal compression bonding machine testing, which drove ASMPT to a historic high, with an expected increase to 140 to 150 HKD, and a defensive level at 115 HKD

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Market trends must be respected | Tang Niu

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The Hang Seng Index closed at 25,872 points, up 211 points or 0.8%; the Hang Seng TECH Index reported 4,851 points, up 29 points or 0.6%. The total market turnover was HKD 236.776 billion. Among the active heavyweights, POP MART rose over 6%, while JD LOGISTICS, Bank of China, ICBC, and others reached new highs

JD LOGISTICS

CIDI

ICBC

POP MART

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FI2 CSOP HSI

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According to the "All-Day Express," the Hang Seng Index closed at 25,872 points, up 211 points; the Hang Seng TECH Index closed at 4,851 points, up 29 points. POP MART rose over 6%, JD LOGISTICS, Bank of China, ICBC, CIDI, and ASMPT reached new highs with active trading

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The Hang Seng Index closed at 25,770 points, up 109 points or 0.4%; the Hang Seng Tech Index reported 4,830 points, up 8 points or 0.2%. Among the active heavyweights, Meituan fell 2.4%, Alibaba rose 1.1%, and Tencent dropped 0.2%. Pop Mart rose 6%, and JD Logistics hit a new high, rising 4.2%. Bank Of China and ICBC also reached new highs, rising 1% and 0.7% respectively. Among small and medium-sized stocks, UNISOUND rose 34.9%

UNISOUND

Bank Of China

The Half-Day Report: The Hang Seng Index closed at 25,770 points, up 109 points; the Hang Seng Tech Index closed at 4,830 points, up 8 points. Pop Mart rose over 6%, JD Logistics, Bank of China, ICBC, CIDI, and ASMPT reached new highs

ASMPT Limited (OTCMKTS:ASMVY) experienced a significant decrease in short interest, dropping 74.7% to 2,796 shares by March 31. Currently, 0.0% of its shares are sold short, with a days-to-cover ratio of 0.1 days based on an average daily trading volume of 34,166 shares. The stock opened at $43.70, up 3.2%, with a 50-day moving average of $40.57. Analysts have given it a "hold" rating, with Zacks Research recently raising its rating. ASMPT specializes in semiconductor and electronic assembly equipment.

MBASMPT@EC2610A(28477.HK)

MBASMPT@EC2610A Stock Performance Chart

BofAS Raises ASMPT TP to HKD190, Reiterates Buy

ASM Pacific Technology Rides AI Wave in Earnings

HKEX Filing Shows Blackrock's Long Position In ASMPT Decreases To 5.66%

Brief News: First-quarter revenue increased by over 30% year-on-year, ASMPT expects the upward trend to continue this season

ASM Pacific Technology Says Revenue Guidance For Q2 2026 Us$540 Million To Us$600 Million