The Zhitong Finance App learned that Citi released a research report saying that demand prospects for advanced packaging are strong, and the ASMPT (00522.HK) mainstream semiconductor business continues to be strong. It reaffirms the “buy” rating and gives a target price of HK$250, based on a forecast price-earnings ratio of 40 times in 2027. ASMPT's second-quarter results far exceeded market expectations and the company's original guidance, benefiting from strong performance in both the semiconductor and SMT businesses. Revenue for the period increased 52% year over year to HK$4.936 billion (approximately US$630 million), exceeding the company's original guideline of between US$540 million and US$600 million. Overall gross margin improved by 2.9 percentage points to 42.4% on a quarterly basis, which was also better than market and Citibank forecasts.

The Zhitong Finance App learned that Citi released a research report saying that demand prospects for advanced packaging are strong, and the ASMPT (00522.HK) mainstream semiconductor business continues to be strong. It reaffirms the “buy” rating and gives a target price of HK$250, based on a forecast price-earnings ratio of 40 times in 2027. ASMPT's second-quarter results far exceeded market expectations and the company's original guidance, benefiting from strong performance in both the semiconductor and SMT businesses. Revenue for the period increased 52% year over year to HK$4.936 billion (approximately US$630 million), exceeding the company's original guideline of between US$540 million and US$600 million. Overall gross margin improved by 2.9 percentage points to 42.4% on a quarterly basis, which was also better than market and Citibank forecasts.