News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
 Content Sharing
<Research>UOB Kay Hian Axes ASMPT's TP to $68 w/ Reduced NP Forecasts
ASMPT (00522.HK)'s 1QFY25 results were largely in line with expectations, according to UOB Kay Hian's report. The company's revenue was at the midpoint of management...
Reset
Send
The window will close in 5 seconds
<Research>UOB Kay Hian Axes ASMPT's TP to $68 w/ Reduced NP Forecasts
Close
Recommend
1
Positive
5
Negative
4
 
SHORT SELL
 
STOCK INFO

ASMPT (00522.HK)  +1.200 (+2.299%)    Short selling $8.28M; Ratio 15.474%   's 1QFY25 results were largely in line with expectations, according to UOB Kay Hian's report. The company's revenue was at the midpoint of management's guidance range, and both its profit margin and net profit enjoyed a rebound QoQ.

With the momentum for advanced packaging tools continuing to strengthen, the broker has observed new orders or progress in advanced packaging thermal compression bonding (TCB) from memory and logic customers.

Related NewsCiti Cuts ASMPT (00522.HK) TP to HKD65, Maintains Buy Rating
UOB Kay Hian kept the Buy rating unchanged but axed its target price from $80 to $68 for ASMPT, after factoring in the increasingly complex geopolitical situation and the still-uncertain recovery of mainstream tools.

The broker also revised down its FY25-27 net profit forecasts for ASMPT by 16.8%/ 10.4%/ 9.3% to partly reflect a slower recovery cycle due to the deteriorating geopolitical environment.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-02 16:25.)

AAStocks Financial News
Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.