On September 7, ASMPT rose 3.59% in regular trading, trading at 163.4 HKD/share, with turnover of approximately 80.76 million HKD. The stock had previously pulled back due to consolidated net profit contraction following the NEXX business divestiture and short-term profit-taking pressure, and is now seeing a recovery rally supported by strong institutional conviction.

On the fundamental side, ASMPT reported first-half continuing operations adjusted net profit of 973 million yuan, surging 230.5% year-over-year, while the second-quarter order-to-shipment ratio held at a five-year high, driven by robust demand in thermal compression bonding and optical communications. However, due to the June divestiture of the NEXX business, the consolidated adjusted net profit came in at only 806 million yuan, with the gap between the two metrics previously weighing on sentiment.

Multiple major banks have maintained optimistic ratings well above the current share price. Bank of America Securities reiterated a Buy rating with a target price of 310 HKD; JPMorgan maintained an Overweight rating with a 225 HKD target; and CLSA set its target at 226.2 HKD. These targets provide significant valuation support underpinning the ongoing rebound.

(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.)