HK Stock Market Move | ASMPT (00522) up by more than 7%, storage giants accelerate expansion, global TCB market size expected to grow significantly.

ASMPT (00522) rose by over 7%, rising 6.58% as of the press release, to 207.2 Hong Kong dollars, with a turnover of 7.25 billion Hong Kong dollars. On the news front, it has been reported that SK Hynix is importing more backend process equipment at its Cheongju P&T6 plant in South Korea to prepare for the final stage of mass production of HBM4. It is reported that major memory manufacturers are accelerating expansion. Micron plans to start production at its first wafer fab in New York in 2030, with the first plant in Idaho expected to begin DRAM production in 2027; Samsung has also announced an investment of up to 110 trillion Korean won to support the development of HBM4 technology. Open Source Securities released a research report stating that, according to ASMPT's performance briefing, benefiting from the iteration of AI computing chip demand driving HBM demand, and the penetration of logic chip heterogeneity, it is estimated that the global TCB market size will be approximately $760 million by 2025, growing to $1.6 billion by 2028, with a three-year CAGR of 28%. In addition, ASMPT has delivered a new generation of HB equipment to HBM customers in the third quarter of 2025, significantly optimizing alignment and welding accuracy, production layout efficiency, and capacity, giving it a competitive advantage.