On September 16, ASMPT rose 3.05% in regular trading, trading at HK$158.6/share with turnover of HK$139 million, rebounding after pulling back over 5% across the prior two sessions.

The rebound was driven by the release of the 15th Five-Year Electronic Information Plan, which reinforced policy support for the advanced packaging sector, while multiple brokerages issued bullish calls on the company. Kaiyuan Securities maintained a Buy rating, citing ASMPT as a deep beneficiary of the AI infrastructure cycle. Guotai Haitong initiated with an Overweight rating and a target price of HK$233, applying a 30x PE valuation. The company reported Q2 revenue from continuing operations up 52.1% year-over-year and attributable net profit surging 177%, with SMT new orders reaching a record high of HK$3.73 billion, primarily driven by AI server and optical module demand.

Separately, Capital Group sold approximately 1.95 million shares at around HK$165.36 per share on September 7, reducing its stake to 7.54%, marking a second round of profit-taking totaling over HK$550 million within six weeks, which had pressured the stock in recent sessions prior to the current rebound.

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