Changes in Hong Kong stocks | ASMPT (00522) rose more than 6% at the end of the session, and the storage supercycle accelerates the growth of the semiconductor industry

The Zhitong Finance App learned that ASMPT (00522) rose more than 6% at the end of the session. As of press release, it had risen 6% to HK$90.8, with a turnover of HK$240 million.

Huatai Securities released a research report saying that it is optimistic that the storage supercycle will accelerate the growth of the semiconductor industry. The bank pointed out that according to WSTS forecasts, the global storage market volume will increase by 39.4% year on year in 2026, and the year-on-year growth rate will exceed 27.8% in 2025. According to TrendForce forecasts, DRAM bit demand may grow 26% and NAND bit demand may grow 21% in 2026 (2025:22%/15%). HBM4 for GPUs such as the Rubin series and ESSD for AI inference are major growth points for the industry.

Notably, it was reported in mid-December that SK Hynix ordered a new batch of hot press bonding machines (TCBs) from ASMPT to support HBM4 production. SK Hynix plans to order 100 more HBM4 TC bonding machines in March 2026 to match the expansion of production at the Cheongju M15X fab. At that time, ASMPT, South Korea, the US, and Hanwha will compete more fiercely for orders. However, if Korean manufacturers are unable to resolve patent disputes as soon as possible, ASMPT may further expand its share and even dominate the supply of HBM4 equipment.