Changes in Hong Kong stocks | ASMPT (00522) rose more than 5%. Orders from various fields such as TCB continued to explode, and second-quarter results exceeded expectations

The Zhitong Finance App learned that ASMPT (00522) rose by more than 5%. As of press release, it had risen 4.86% to HK$15.7.6, with a turnover of HK$270 million.

According to the news, ASMPT's continued operating revenue for the second quarter was HK$4.936 billion, up 52.1% year on year, up 24.4% month on month; net profit was HK$418 million, up 177% year on year, with a net interest rate of 8.5%. Semiconductor business revenue was HK$2.89 billion, up 56.1% year on year, new orders increased 125.9% year on year, and demand for optical module packaging equipment surged 200% year on year. The company's median revenue guidance for the third quarter increased 46.3% year over year.

Everbright Securities released a research report saying that strong AI demand drove the company's orders in various fields such as TCB, CPO, and FC to continue to explode, and the 26Q2 performance exceeded market expectations, further verifying its leading global position in the AP field. The company's resources will further focus on back-end packaging and SMT core businesses, and the profit margin center is expected to continue to rise. The accelerated implementation of multiple TCB scenarios and the acceleration of the CPO commercialization process are expected to open up valuation space.