Changes in Hong Kong stocks | ASMPT (00522) fell more than 10%, and the company abandoned the sale of SMT business, the semiconductor industry slowed down, and equipment stocks were the first to be pressured

The Zhitong Finance App learned that ASMPT (00522) fell by more than 10%. As of press release, it was down 7.03% to HK$93.9, with a turnover of HK$263 million.

In the news, ASMPT issued an announcement and its board of directors has concluded that retaining the SMT Solutions division as part of the ASMPT Group is in the best interest of the company and its shareholders. As a result, the SMT Solutions Division Strategic Plan Evaluation, which began in January 2026, has been completed.

Morgan Stanley said earlier that ASMPT has benefited from emerging opportunities such as EMIT-T, CoPOS, and photonics, and remains optimistic about its long-term growth prospects, but the industry headwinds may limit short-term upside. The bank notes that semiconductor industry growth is expected to slow from 132% in 2026 to 35% in 2027. As a leading indicator, equipment stocks will also be the first to be pressured when the cycle slows down.