HK Stock Market Move | ASMPT (00522) rose over 4% in early trading, with spending on wafer fab equipment continuing to rise. The company has been included in the Hang Seng Technology Index.

ASMPT (00522) rose over 4% in early trading, and as of the time of writing, it has risen by 4.25% to HK$83.45, with a turnover of HK$645.64 million. On the news front, demand for AI chips, storage chips, and other fields continues to rise, with major factories such as TSMC and Intel increasing their investment in advanced packaging. EB SECURITIES pointed out that global wafer fab capacity is expanding significantly, with wafer fab equipment expenditure continuing to rise. Global semiconductor front-end equipment leading companies are expected to see revenue growth in the future, while back-end equipment is expected to gradually recover. CMSC previously pointed out that ASMPT's advanced packaging, TCB, and other equipment continues to receive customer orders. It is worth noting that on August 16, the results of the quarterly review of the Hang Seng Index series were released, and ASMPT will be included in the Hang Seng Tech Index constituents, with the change taking effect from September 10. According to calculations by Zhongjin, it is estimated that this change will bring about approximately $238 million in passive funds to ASMPT.