HK Stock Market Move | ASMPT(00522) rose more than 10% in the afternoon. The procurement of advanced packaging equipment has entered a period of intense volume.

ASM Pacific Technology (00522) rose more than 10% in the afternoon, closing up 9.69% at 214 Hong Kong dollars, with a trading volume of 666 million Hong Kong dollars. On the news front, on June 8, ASMPT announced that it has received an additional order from a global leading Integrated Device Manufacturer (IDM) for eight thermal compression bonding (TCB) equipment for its Chip to Wafer (C2W) application. Open Source Securities pointed out that the advancement of AI chips is driving the penetration of advanced packaging heterogeneous solutions, and the procurement of advanced packaging equipment has entered a period of intensive volume delivery. TCB equipment, as a core tool in the bonding process, will continue to benefit from the dual capacity expansion wave of HBM and 2.5D packaging. ASM Pacific Technology previously released its financial report for the first quarter of 2026, showing that its revenue from continuing operations reached 3.97 billion Hong Kong dollars, an increase of 32.0% year-on-year; first quarter profit was approximately 324 million Hong Kong dollars, a growth of 192.9% year-on-year. It is worth noting that the company's total new orders reached 5.67 billion Hong Kong dollars, a sharp quarterly increase of 46.0%, far exceeding market expectations.