HK Stock Market Move | ASMPT (00522) surged by over 4% in the morning session. SK Hynix invested 30 billion Korean won to order TCB equipment from ASMPT.

ASM Pacific Technology (00522) rose more than 4% in the morning session, rising by 4.03% at the time of writing to 77.35 Hong Kong dollars, with a transaction value of 315.747 million Hong Kong dollars. On the news front, it was reported that SK Hynix has ordered a new batch of thermal compression bonders (TCB) from Singapore ASM Pacific Technology to support the production of HBM4. SK Hynix reportedly ordered 7 sets of TC bond systems from ASMPT last month, each set equipped with two bond heads. The unit price for each set is about 4 billion Korean won, with the total contract value estimated at about 30 billion Korean won (approximately 150 million RMB). It is worth noting that industry insiders pointed out that SK Hynix made this decision due to a dispute between Korean equipment suppliers Hanmi Semiconductor and Hanhua Semiconductor over patents. SK Hynix plans to order 100 more sets of TC bonders for HBM4 in March 2026 to support the expansion of its Cheongju M15X wafer plant. At that time, ASMPT, Hanmi, and Hanhua will engage in a more intense competition for orders. However, if Korean manufacturers cannot resolve the patent dispute quickly, ASMPT may further increase its share, even dominating the supply of HBM4 equipment.