BPASMPT@EC2611A

CICC Raises ASMPT Target Price to HKD 210

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

CN CULTURE GP

MOST KWAI CHUNG

NEW SILKROAD

HP LIVING TECH

CONTEL

KPM HOLDING

ASIAPAC FIN INV

XJ INTL HLDGS

SINO-ENTERTAIN

MAX SIGHT GROUP

00522

562820

159546

CICC has reaffirmed its Buy rating for ASMPT Ltd (ASMVF) with a price target of HK$210.00, while the stock closed at HK$165.80. The analyst consensus for ASMPT is Strong Buy, with a target of HK$177.90, indicating a 7.30% upside. Additionally, DBS also maintains a Buy rating with a price target of HK$185.00.

Tip Ranks

ASMPT

Harvest CSI All Share Integrated Circuit ETF

Guotai CSI All Share Integrated Circuit ETF

CICC

CICC Sticks to Their Buy Rating for ASMPT Ltd (ASMVF)

At midday, the HSI fell 173 points (0.7%) to 25,752, while the HSTI dropped 60 points (1.2%) to 4,879. WUXI APPTEC surged over 14%, hitting a new high. Other notable movements included KB LAMINATES, ASMPT, and HUISHANG BANK also reaching new highs. In contrast, CATL and SUNNY OPTICAL saw significant declines. Active heavyweights like XIAOMI and BABA experienced losses, with short selling ratios indicating high market activity.

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HSI Closes Midday at 25,752, Down 173 pts; HSTI Closes Midday at 4,879, Down 60 pts; WUXI APPTEC Up over 14%; WUXI APPTEC, KB LAMINATES, ASMPT, HUISHANG BANK Hit New Highs

SOXL

CCBI has raised ASMPT's target price to HKD190 following record quarterly orders and a positive earnings outlook. The report highlights a 39% and 10% increase in adjusted net profit forecasts for FY2026 and FY2027, respectively, driven by strong sales and margin recovery. ASMPT's leading position in advanced packaging (AP) equipment, particularly in the TCB segment, supports this upgrade. The broker maintains an Outperform rating, emphasizing ASMPT as a solid long-term investment in the semiconductor sector.

Direxion Semicon Bull 3X

CCBI Raises ASMPT  TP to HKD190 as Quarterly Orders Hit Record with Positive Outlook

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At midday, the HSI rose 38 points to 26,016, while the HSTI increased by 64 points to 4,966. Notable movers included SMIC, which surged over 8%, and several stocks like PetroChina, Haixi Pharma, Weichai Power, and ASMPT hitting new highs. Active heavyweights showed mixed results, with Tencent and Meituan declining, while Alibaba and Xiaomi saw slight gains. Overall, the market displayed a positive trend with significant activity in various sectors.

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SMIC HK SDR 5to1

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BYD Company Limited

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BIDU-SWR

HSI Closes Midday at 26,016, Up 38 pts; HSTI Closes Midday at 4,966, Up 64 pts; SMIC Up over 8%; PETROCHINA, HAIXI PHARMA, WEICHAI POWER, ASMPT Hit New Highs

561600

588170

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CICC has raised ASMPT's target price to HKD210 following strong 1Q results that exceeded expectations. ASMPT reported revenue of HKD3.967 billion, with orders up 71.6% YoY. The company guided 2Q revenue between USD540 million and USD600 million, maintaining growth momentum. CICC also increased its 2026 and 2027 revenue/profit forecasts by 12%/15% and 21%/30%, respectively, and maintained an Outperform rating due to strong demand and improved margins.

Ping An CSI Consumer Electronic Theme ETF

ChinaAMC SSE STAR Semiconductor Material & Equipment Thematic ETF

Guotai CSI Semiconductor Material Equipment Theme ETF

ChinaAMC CSI Semiconductor Material & Equipment Thematic ETF

E Fund CSI Semiconductor Material & Equipment Thematic ETF

First Trust Nasdaq Food & Semicon

ChinaAMC Guozheng Semiconductor Chip ETF

GF Fund CSI Semiconductor Material Equipment Theme ETF

China Merchants CSI Semiconductor Industry ETF

Harvest SSE STAR Chip ETF

CICC Raises ASMPT  TP to HKD210; 1Q Results and Guidance Beat

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.

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.

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%

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

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

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.

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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BABA

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

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PONY-W

Trip.com HK SDR 50to1

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

Stheadline

Market trends must be respected | Tang Niu

BPASMPT@EC2611A(28612.HK)

CICC Sticks to Their Buy Rating for ASMPT Ltd (ASMVF)

HSI Closes Midday at 25,752, Down 173 pts; HSTI Closes Midday at 4,879, Down 60 pts; WUXI APPTEC Up over 14%; WUXI APPTEC, KB LAMINATES, ASMPT, HUISHANG BANK Hit New Highs

CCBI Raises ASMPT TP to HKD190 as Quarterly Orders Hit Record with Positive Outlook

HSI Closes Midday at 26,016, Up 38 pts; HSTI Closes Midday at 4,966, Up 64 pts; SMIC Up over 8%; PETROCHINA, HAIXI PHARMA, WEICHAI POWER, ASMPT Hit New Highs

CICC Raises ASMPT TP to HKD210; 1Q Results and Guidance Beat